+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Locksmiths in the US - Industry Market Research Report

  • ID: 2148529
  • Report
  • Region: United States
  • 30 pages
  • IBISWorld
1 of 3
Locked in: An increase in the number of housing starts and existing home sales will support industry demand

Locksmiths

Demand for the Locksmiths industry is tied to the performance of the construction and housing markets. Therefore, locksmiths benefited from steady business creation and a strong housing market over the five years to 2018. During this period, rising residential and commercial construction heightened industry demand, as locksmiths commonly install mechanical and electrical security systems for new homes, apartments and businesses. The industry continues to experience mounting competition from security monitoring companies, which provide similar security solutions for homeowners. Nevertheless, the Locksmiths industry is anticipated to benefit from sustained demand. Over the five years to 2023, revenue for the Locksmiths industry is projected to grow. An increase in the number of housing starts and existing home sales are expected to contribute to growth in industry demand alongside increases in nonresidential construction and corporate profit which will support demand from businesses.

This industry performs installation, repair, rebuilding and adjusting services for security systems, as well as lock management of keying and key control systems. Companies also sell locking devices, safes and security vaults.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Note: Product cover images may vary from those shown
2 of 3
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
Note: Product cover images may vary from those shown
3 of 3

Loading
LOADING...

4 of 3

Loading
LOADING...

Adroll
adroll