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The mechanical locks market is forecasted to grow by USD 2.93 billion during 2023-2028, accelerating at a CAGR of 8.7% during the forecast period. The report on the mechanical locks market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand from emerging economies, growing need for safety and privacy, and ease of use when compared to digital lock.
The mechanical locks market is segmented as below:
By End-user
- Commercial
- Residential
By Geographical Landscape
- APAC
- South America
- Middle East and Africa
- North America
- Europe
The report on the mechanical locks market covers the following areas:
- Mechanical Locks Market sizing
- Mechanical Locks Market forecast
- Mechanical Locks Market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global mechanical locks market: ABUS August Bremicker Sons KG, Alban Giacomo SpA, Allegion Public Ltd. Co., ASSA ABLOY AB, Aug. Winkhaus GmbH and Co. KG, Cal-Royal Products Inc., Codelocks Ltd., Dormakaba Holding AG, Draper Tools Ltd., ECO Schulte GmbH and Co. KG, Edilportale.com SpA, EVVA Sicherheitstechnologie GmbH, GEZE GmbH, Gretsch-Unitas Group, Hager Group, ISEO Serrature Spa, Serrature Meroni SpA, SFPI Group, and Spectrum Brands Holdings Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is sustained reliance on conventional locks."
According to the report, one of the major drivers for this market is the growing demand from emerging economies.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABUS August Bremicker Sons KG
- Alban Giacomo SpA
- Allegion Public Ltd. Co.
- ASSA ABLOY AB
- Aug. Winkhaus GmbH and Co. KG
- Cal-Royal Products Inc.
- Codelocks Ltd.
- Dormakaba Holding AG
- Draper Tools Ltd.
- ECO Schulte GmbH and Co. KG
- Edilportale.com SpA
- EVVA Sicherheitstechnologie GmbH
- GEZE GmbH
- Gretsch-Unitas Group
- Hager Group
- ISEO Serrature Spa
- Serrature Meroni SpA
- SFPI Group
- Spectrum Brands Holdings Inc.
