- In April 2025, ASSA ABLOY Group, a global leader in access solutions, expanded its presence in the Asia-Pacific region by launching a new range of advanced Extruded ABS products designed for high-security residential and commercial applications. This move reflects the company’s strategy to address the increasing demand for smart and secure access solutions in emerging markets, reinforcing its leadership in the Global Extruded ABS Market.
- In March 2025, Kwikset (U.S.) introduced its latest generation of smart deadbolt locks featuring biometric fingerprint recognition and enhanced wireless connectivity. Targeted at both residential and commercial users, this launch highlights Kwikset’s ongoing commitment to innovation in providing secure, convenient, and technologically advanced access control products.
- In February 2025, Samsung SmartThings (South Korea) integrated its smart lock solutions with new AI-driven security analytics, enabling predictive alerts and improved threat detection. This integration showcases the growing importance of AI and IoT convergence in the Extruded ABS sector, aimed at delivering smarter and more proactive security systems.
- In January 2025, Honeywell International Inc. announced the rollout of its next-generation Extruded ABS platform in Europe, featuring seamless integration with popular smart home ecosystems such as Alexa, Google Assistant, and Apple HomeKit. This development emphasizes Honeywell’s focus on interoperability and user-friendly smart access solutions tailored for the European market.
- In December 2024, Allegion Plc (Ireland) partnered with several European real estate developers to implement large-scale Extruded ABS deployments in new commercial and residential projects. This collaboration demonstrates a rising trend of incorporating smart security technology at the design stage of building projects, further expanding the market’s reach.
