Global Lock Market 2017-2021

  • ID: 4115438
  • Report
  • Region: Global
  • 78 pages
  • TechNavio
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FEATURED COMPANIES

  • AMSEC
  • Bode Panzer
  • Bricard
  • CISA
  • CompX International
  • Godrej & Boyce
  • MORE
About Lock Market
Locks are security devices that use an electronic or mechanical process to secure a belonging, system, or building. Mechanical locks require physical objects such as keys to unlock. Electronic locks require a key card, security token, or radio frequency identification device card to unlock. The scope of the report includes door locks, furniture locks, and safe locks that are operated through both electronic and non-electronic means.

The analysts forecast the global lock market to grow at a CAGR of 6.03% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global lock market for 2017-2021. The global lock market has been witnessing growth across regions due to increasing awareness about high-tech security systems among various end-users.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Lock Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

Key vendors
- Godrej & Boyce
- AMSEC
- Gunnebo Group
- Yale

Other prominent vendors
- Bode Panzer
- Bricard
- CISA
- CompX International
- Juwel
- Technomax

Market drivers
- Security concerns
- For a full, detailed list, view the full report

Market challenges
- Intense vendor competition
- For a full, detailed list, view the full report

Market trends
- Vendor focus on smart lock systems
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • AMSEC
  • Bode Panzer
  • Bricard
  • CISA
  • CompX International
  • Godrej & Boyce
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

Key market highlights

PART 05: Market landscape

Market overview

Five forces analysis

PART 06: Market segmentation by application

Market overview

Global door locks market

Global safe locks market

Global furniture locks market

PART 07: Market segmentation by product

Market overview

Global electronic locks market

Global non-electronic locks market

Segmentation summary

PART 08: Market segmentation by end-user

Market overview

Global lock market for residential end-users

Global lock market for commercial and industrial end-user

Segmentation summary

PART 09: Geographical segmentation

Market overview

Lock market in Americas

Lock market in APAC

Lock market in EMEA

Segmentation summary

PART 10: Market drivers

PART 11: Impact of drivers

PART 12: Market challenges

PART 13: Impact of drivers and challenges

PART 14: Market trends

PART 15: Vendor landscape

Overview

Key vendors

Other prominent vendors

PART 16: Key vendor analysis

Godrej & Boyce

AMSEC

Gunnebo Group

Yale

PART 17: Appendix

List of abbreviations

PART 18: About the Author

List of Exhibits
Exhibit 01: Global lock market 2016-2021 ($ billions)
Exhibit 02: Five forces analysis
Exhibit 03: Locks by application
Exhibit 04: Global lock market by application 2016
Exhibit 05: Global lock market by application 2021
Exhibit 06: Construction market growth by region 2015: Key drivers and challenges
Exhibit 07: Global door locks market 2016-2021 ($ billions)
Exhibit 08: Global safe locks market 2016-2021 ($ billions)
Exhibit 09: Global furniture locks market 2016-2021 ($ billions)
Exhibit 10: Locks by product type
Exhibit 11: Global lock market by product type 2016
Exhibit 12: Global lock market by product type: CAGR 2016-2021
Exhibit 13: Global lock market by product type 2021
Exhibit 14: Global electronic locks market 2016-2021 ($ billions)
Exhibit 15: Global non-electronic locks market 2016-2021 ($ billions)
Exhibit 16: Features of non-electronic locks by ABUS
Exhibit 17: Global lock market by product type: Segmentation summary 2016-2021 ($ billions)
Exhibit 18: Global lock market by end-user
Exhibit 19: Global lock market by end-user 2016
Exhibit 20: Global lock market by end-user: CAGR 2016-2021
Exhibit 21: Global lock market by end-user 2021
Exhibit 22: Global lock market for residential end-users 2016-2021 ($ billions)
Exhibit 23: Global lock market for commercial and industrial end-users 2016-2021 ($ billions)
Exhibit 24: Global lock market by geography 2016
Exhibit 25: Global lock market by geography: CAGR 2016-2021
Exhibit 26: Global lock market by geography 2021
Exhibit 27: Lock market in Americas 2016-2021 ($ billions)
Exhibit 28: Lock market in APAC 2016-2021 ($ billions)
Exhibit 29: Lock market in EMEA 2016-2021 ($ billions)
Exhibit 30: Advantages of intelligent building management system
Exhibit 31: Impact of drivers
Exhibit 32: Maintenance of locks
Exhibit 33: Effects of rusting on locks
Exhibit 34: Impact of drivers and challenges
Exhibit 35: Features of Yale smart lock
Exhibit 36: Functions of different smart lock systems
Exhibit 37: Features of RFID-based keyless door locks
Exhibit 38: Godrej & Boyce: Segments
Exhibit 39: AMSEC Products: Segments
Exhibit 40: Gunnebo Group: Segments
Exhibit 41: Yale: Segments
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • AMSEC
  • Bode Panzer
  • Bricard
  • CISA
  • CompX International
  • Godrej & Boyce
  • MORE
New Report Released: – Global Lock Market 2017-2021
The author of the report recognizes the following companies as the key players in the Global Lock Market: Godrej & Boyce, AMSEC, Gunnebo Group, and Yale.

Other Prominent Vendors in the market are: Bode Panzer, Bricard, CISA, CompX International, Juwel, and Technomax.

Commenting on the report, an analyst from the research team said: “One trend in the market is the Vendor focus on smart lock systems. A smart lock system uses sophisticated technology to provide better security. A smart lock system can replace mechanical locks as it can do more than locking and unlocking with physical keys. Smart locks have the mechanism to track intrusions. The smart lock system offers features such as smart keypad, digital keys, and integration with app-based locking mechanism.”

According to the report, one driver in the market is the security concerns. With improvements in the standard of living and the availability of affordable home security systems, consumers from all income segments are investing in home security products. Moreover, in developed regions such as North America and Western Europe, the average loss incurred from burglaries for residents that have equipped homes with security systems is approximately $2000 lower than that for residents whose homes lack such security systems. Growing awareness about the need for such home security systems has contributed to the growth of the global lock market.

Further, the report states that one challenge in the market is the intense vendor competition. With the increase in the prices of raw materials and increased competition among vendors, the profit margins of vendors are expected to decline. Vendors are focusing on the development of customized security solutions However, the majority of the growth potential of the market lies in emerging markets where end-users are price-sensitive. Such price-conscious end-users prefer investing in low-cost security solutions. This reduces the sales potential and revenue generation of global vendors. Also, the dominance of domestic players, especially in countries such as China, has forced foreign vendors to reduce their product prices, which, in turn, reduces their profit margins.

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.
Note: Product cover images may vary from those shown
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  • Godrej & Boyce
  • AMSEC
  • Gunnebo Group
  • Yale
  • Bode Panzer
  • Bricard
  • CISA
  • CompX International
  • Juwel
  • Technomax
Note: Product cover images may vary from those shown
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