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Global Glove Box and Trunk Smart Locks Market Analysis and Forecast to 2035


According to Research Intelo, the global Glove Box and Trunk Smart Locks Market was valued at approximately USD 1.2 billion in 2024 and is projected to reach USD 2.8 billion by 2035, growing at a CAGR of 8.2% over the forecast period. The passenger vehicle segment accounts for the largest share, driven by increased adoption in sedans and SUVs. Commercial vehicles, though smaller in volume, are witnessing rising adoption due to fleet security needs.

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Glove Box and Trunk Smart Locks Market Research Report 2033
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Glove Box and Trunk Smart Locks Market Research Report 2033

According to our latest research, the Global Glove Box and Trunk Smart Locks market size was valued at $1.14 billion in 2024 and is projected to reach $3.52 billion by 2033, expanding at a robust CAGR of 13.2% during the forecast period of 2025–2033