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Mechanical Locks Market - By Application (Doors, Bicycles, Furniture, Suitcase, and Other), By Material (Copper, Stainless Steel, Iron, Aluminum, and Others), By Type (Mortise Locks, Padlocks, Deadbolt, Cylindrical Locks, and Others), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Published Date: 20-Jul-2020 Category: Consumer Goods Report Format : PDF Report Code: ZMR-3340 Status : Published

Global Mechanical Locks market, which is likely to accrue revenue of nearly 9.16(USD Billion) by 2026, will register a CAGR of nearly 5.1% during the period from 2020 to 2026.

Description

The global Mechanical Locks market, which is likely to accrue revenue of nearly 9.16(USD Billion) by 2026, will register a CAGR of nearly 5.1% during the period from 2020 to 2026. The report offers assessment and analysis of the Mechanical Locks market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, sales estimates, opportunities, evolving trends, and industry-validated data. The report offers historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion).

Introduction

Mechanical locks are the equipment that helps in securing the opening of the closed door and can be opened only after release mechanism is triggered. The release mechanism mainly includes a lever, thumb turn, key, and knob. There are myriad kinds of these products such as disk tumbler, pin tumbler, and lever tumbler. They all offer similar functionalities for securing the door.

Market Growth Dynamics

The growth of the mechanical locks industry over the forecast timeline is owing to escalating security concerns among the end-users for safeguarding their residences. In addition to this, escalating popularity of waterproof padlocks in marine sector will propel the market trends. Apart from this, inflation in the need for tubular and interconnected locks will gauge the growth of mechanical locks industry over the estimated timeline.

Moreover, mechanical locks are portable, offer resistance against stiff weather conditions, and keyless, thereby enlarging the scope of the mechanical locks industry over the forecast timeline. Apparently, huge resistance of mechanical locks like stainless steel locks against heat, rust, and abrasion will favorably upsurge the sales of mechanical locks in the foreseeable future.

Asia Pacific To Account For Major Market Revenue Share By 2026

The growth of the market in the Asia Pacific zone during 2020-2026 is owing to rise in the residential as well as commercial building & construction activities in the countries like China and India. Humongous presence of the key players in the region will further propel the business growth in the region over the forecast timeframe.

Key players profiled in the report include Assa Abloy AB, ECO Schulte GMBH & Co. KG, DOM Security, Spectrum Brands Holdings, Inc., The Eastern Company, Draper Tools Ltd., dormakaba International Holding GmbH, Serrature Meroni SpA, Allegion PLC, Codelocks Inc., EVVA Sicherheitstechnologie GmbH, August Bremicker Söhne KG, Nuova Oxidal SRL, Serrature Meroni SpA, and Godrej & Boyce Manufacturing Company Limited.

The global mechanical locks market is segmented as follows:

By application:

  • Bicycles
  • Doors
  • Furniture
  • Suitcase
  • Other

By material:

  • Aluminum
  • Stainless Steel
  • Copper
  • Iron
  • Others

By type:

  • Deadbolt
  • Padlocks
  • Mortise Locks
  • Cylindrical Locks
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. Mechanical Locks Market, 2016–2026(USD Billion)
    • 2.2. Mechanical Locks Market: Snapshot
  • Chapter 3. Global Mechanical Locks Market– Industry Analysis
    • 3.1. Mechanical Locks Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. The growth of the mechanical locks industry over the forecast timeline is owing to escalating security concerns among the end-users for safeguarding their residences will impel the industry growth
      • 3.2.2. Mechanical locks are portable, offer resistance against stiff weather conditions, and keyless, thereby enlarging the scope of the mechanical locks industry over the forecast timeline.
    • 3.3. Market Attractiveness Analysis
      • 3.3.1. Market attractiveness analysis By Application
      • 3.3.2. Market attractiveness analysis By Material
      • 3.3.3. Market attractiveness analysis By Type
  • Chapter 4. Global Mechanical Locks Market– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Mechanical Locks Market: company market share, 2019
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Product Type launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Mechanical Locks Market– Application Analysis
    • 5.1. Global Mechanical Locks Market overview: By Application
      • 5.1.1. Global Mechanical Locks Market share, By Application,2019 and 2026
    • 5.2. DOORS
      • 5.2.1. Global Mechanical Locks Market by DOORS, , 2016–2026(USD Billion)
    • 5.3. BICYCLES
      • 5.3.1. Global Mechanical Locks Market by BICYCLES, 2016–2026(USD Billion)
    • 5.4. FURNITURE
      • 5.4.1. Global Mechanical Locks Market by FURNITURE, 2016–2026(USD Billion)
    • 5.5. Suitcase
      • 5.5.1. Global Mechanical Locks Market by Suitcase, 2016–2026(USD Billion)
    • 5.6. Others
      • 5.6.1. Global Mechanical Locks Market by Others, 2016–2026(USD Billion)
  • Chapter 6. Global Flame Detector Market– Material Analysis
    • 6.1. Global Mechanical Locks Market overview: By Material
      • 6.1.1. Global Mechanical Locks Market share, By Material , 2019 and 2026
    • 6.2. Copper
      • 6.2.1. Global Mechanical Locks Market By Copper , 2016–2026(USD Billion)
      • 6.2.2. )
    • 6.3. Stainless Steel
      • 6.3.1. Global Mechanical Locks Market By Stainless Steel, 2016–2026(USD Billion)
    • 6.4. Iron
      • 6.4.1. Global Mechanical Locks Market By Iron, 2016–2026(USD Billion)
    • 6.5. Aluminum
      • 6.5.1. Global Mechanical Locks Market By Aluminum, 2016–2026(USD Billion)
    • 6.6. Others
      • 6.6.1. Global Mechanical Locks Market By Others, 2016–2026(USD Billion)
  • Chapter 7. Global Flame Detector Market– Type Analysis
    • 7.1. Global Mechanical Locks Market overview: By Type
      • 7.1.1. Global Mechanical Locks Market share, By Type, 2019 and 2026
    • 7.2. Mortise Locks
      • 7.2.1. Global Mechanical Locks Market By Mortise Locks, 2016–2026(USD Billion)
    • 7.3. Padlocks
      • 7.3.1. Global Mechanical Locks Market By Padlocks, 2016–2026(USD Billion)
    • 7.4. Deadbult
      • 7.4.1. Global Mechanical Locks Market By Deadbult, 2016–2026(USD Billion)
    • 7.5. Cylindrical Locks
      • 7.5.1. Global Mechanical Locks Market By Cylindrical Locks, 2016–2026(USD Billion)
    • 7.6. Others
      • 7.6.1. Global Mechanical Locks Market By Others, 2016–2026(USD Billion)
  • Chapter 8. Company Profiles
    • 8.1. DOM Security
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product Portfolio
      • 8.1.4. Business Strategy
      • 8.1.5. Recent Developments
    • 8.2. Spectrum Brands Huldings, Inc.
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product Portfolio
      • 8.2.4. Business Strategy
      • 8.2.5. Recent Developments
    • 8.3. Draper Touls Ltd
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product Portfolio
      • 8.3.4. Business Strategy
      • 8.3.5. Recent Developments
    • 8.4. Allegion PLC
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product Portfolio
      • 8.4.4. Business Strategy
      • 8.4.5. Recent Development
    • 8.5. Codelocks Inc.
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product Portfolio
      • 8.5.4. Business Strategy
      • 8.5.5. Recent Development
    • 8.6. EVVA Sicherheitstechnulogie GmbH
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product Portfolio
      • 8.6.4. Business Strategy
      • 8.6.5. Recent Development
    • 8.7. August Bremicker Söhne KG
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product Portfolio
      • 8.7.4. Business Strategy
      • 8.7.5. Recent Development
    • 8.8. Nuova Oxidal SRL
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product Portfolio
      • 8.8.4. Business Strategy
      • 8.8.5. Recent Development
    • 8.9. Serrature Meroni SpA
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Product Portfolio
      • 8.9.4. Business Strategy
      • 8.9.5. Recent Development
    • 8.10. Assa Abloy AB
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Product Portfolio
      • 8.10.4. Business Strategy
      • 8.10.5. Recent Development
    • 8.11. The Eastern Company
      • 8.11.1. Overview
      • 8.11.2. Financials
      • 8.11.3. Product Portfolio
      • 8.11.4. Business Strategy
      • 8.11.5. Recent Development
    • 8.12. dormakaba International Hulding GmbH
      • 8.12.1. Overview
      • 8.12.2. Financials
      • 8.12.3. Product Portfolio
      • 8.12.4. Business Strategy
      • 8.12.5. Recent Development
    • 8.13. ECO Schulte GMBH & Co. KG
      • 8.13.1. Overview
      • 8.13.2. Financials
      • 8.13.3. Product Portfolio
      • 8.13.4. Business Strategy
      • 8.13.5. Recent Development
    • 8.14. Godrej & Boyce Manufacturing Company Limited
      • 8.14.1. Overview
      • 8.14.2. Financials
      • 8.14.3. Product Portfolio
      • 8.14.4. Business Strategy
      • 8.14.5. Recent Development

Methodology


Frequently Asked Questions

Growth of the mechanical locks industry over the forecast timeline is owing to escalating security concerns among the end-users for safeguarding their residences will magnify the market growth over the coming years.

The CAGR of the industry is expected to be nearly 5.1% during the forecast time.

Asia Pacific will contribute remarkably towards the global market share over the estimated timeframe.

The key market players include DOM Security, Spectrum Brands Holdings, Inc., Draper Tools Ltd., Allegion PLC, Codelocks Inc., EVVA Sicherheitstechnologie GmbH, August Bremicker Söhne KG, Nuova Oxidal SRL, Serrature Meroni SpA, Assa Abloy AB, The Eastern Company, dormakaba International Holding GmbH, ECO Schulte GMBH & Co. KG, and Godrej & Boyce Manufacturing Company Limited.
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