Global Smart Bike Lock Market Worth $ 1.7 Billion by 2021

Date: 2017-04-13

Smart bike lock can use of low-power Bluetooth technology to replace the physical key, can be based on the phone from the location of the bike to lock and unlock the bike. Smart Bike Lock includes Key unlock, Bluetooth unlock and Phone unlock wed on the base of classification, which represent 5.4%, 22.1% and 68.9% of global Smart Bike Lock market. 

Bicycles are the main application of Smart Bike Lock product and Asia Pacific is the largest Smart Bike Lock market on production and consumption.

Global Smart Bike Lock market is projected to reach $ 1.7 Billion by 2021, with a GAGR of 21.9% from 2017, and Asia will have a big dynamic momentum on the market growth. The major players in the global Smart Bike Lock market are Mobike, Ofo, Longsing, Noke, LINKA, Ulock, Mobilock etc.

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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 510-400-8520


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