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Danalock Partners with Petra Industries to Distribute Danish Smart Lock Solutions in the USDanalock, a leading provider of smart lock solutions for homes and businesses, has signed a contract with Petra Industries to distribute the Danalock portfolio of smart lock solutions in the U.S. As the smart home market continues to grow, Danalock's expansion into the Americas will serve rapidly increasing demand from popular retailers and e-commerce companies, as well as security companies, service providers, dealers, installers, and builders. "Petra offers a state-of-the-art distribution center backed by excellent support and extensive experience with independent brick-and-mortar stores, e-commerce, and all of the big retailers," said Bent Sorensen, general manager, Danalock Americas. "As such we are confident that they will be a great partner in increasing Danalock's brand recognition and expansion across the Americas." According to the recent Strategy Analytics (News - Alert) report, "Smart Home Access Control: Predictions, Players, and Products," sales of nearly 26 million units in 2023 will push the smart lock market size past $2.4 billion. Due to its higher percentage of sigle-family homes and greater interest in smart home automation and security services, the U.S. is by far the largest geographic market. "We are excited to be the first U.S. distributor for Danalock and to bring its elegantly designed products to more families and businesses," said Tate Morgan, president of Petra Industries. "Danalock works with all of our home automation products, complementing our SmartestHome™ portfolio and increasing the value we can offer to our customers." Petra will sell the full Danalock product portfolio, which includes the Danalock V3 smart lock, Danapad keypad, Danabridge hub, and Universal Module. The popularity of the Danalock smart lock is due to various appealing features:
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