Product Code: VMR11215221
The global demand for Mechanical Locks Market is presumed to reach the market size of nearly USD 13.36 Billion by 2032 from USD 8.1 Billion in 2023 with a CAGR of 5.72% under the study period 2024-2032.
A mechanical lock is a device that prevents access or use by requiring special knowledge or equipment. It serves to secure an opening by keeping a door closed until a release mechanism is activated, usually a lever, knob, or key. They have been around for many centuries and will always be an option for simple security. Many mechanical locks are available in the market, including mortice, cylindrical, tubular, interconnected, and deadbolt.
MARKET DYNAMICS
Mechanical locks sales will continue growing with spurring construction rates, increasing urbanization, rising security importance, and growing crime rates. In addition, expanding working population, growing disposable income, growing number of couples shifting to new dwellings, and thriving housing sectors will cause a rise in volume calls. The deadbolt locks segment is anticipated to grow at the fastest rate during the forecast period. The launch of locks with new attractive designs and rising marketing strategies by major manufacturers is expected to fuel market growth. The Asia Pacific accounted for the largest revenue share. However, the emergence of electronic locks with modern security and the smart home trend is hindering the popularity of mechanical locks. Despite this, mechanical locks are broadly preferred over new technologies due to their longer lifespan, no electricity requirement, weatherproof, and easy use.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Mechanical Locks. The growth and trends of Mechanical Locks industry provide a holistic approach to this study.
MARKET SEGMENTATION
This section of the Mechanical Locks market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Application
- Bicycles
- Doors
- Furniture
- Suitcase
- Other
By Material
- Aluminum
- Stainless Steel
- Copper
- Iron
- Others
By Type
- Deadbolt
- Padlocks
- Mortise Locks
- Cylindrical Locks
- Others
REGIONAL ANALYSIS
This section covers the regional outlook, which accentuates current and future demand for the Mechanical Locks market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Mechanical Locks market 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 SoHne KG, Nuova Oxidal SRL, Serrature Meroni SpA, Godrej & Boyce Manufacturing Company Limited. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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TABLE OF CONTENTS
1. PREFACE
- 1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology
2. EXECUTIVE SUMMARY
- 2.1. Highlights of Market
- 2.2. Global Market Snapshot
3. MECHANICAL LOCKS - INDUSTRY ANALYSIS
- 3.1. Introduction - Market Dynamics
- 3.2. Market Drivers
- 3.3. Market Restraints
- 3.4. Opportunities
- 3.5. Industry Trends
- 3.6. Porter's Five Force Analysis
- 3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Application
- 3.7.2 Market Attractiveness Analysis By Material
- 3.7.3 Market Attractiveness Analysis By Type
- 3.7.4 Market Attractiveness Analysis By Region
4. VALUE CHAIN ANALYSIS
- 4.1. Value Chain Analysis
- 4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
- 4.3. List of Potential Buyers
- 4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend
5. GLOBAL MECHANICAL LOCKS MARKET ANALYSIS BY APPLICATION
- 5.1. Overview By Application
- 5.2. Historical and Forecast Data Analysis By Application
- 5.3. Bicycles Historic and Forecast Sales By Regions
- 5.4. Doors Historic and Forecast Sales By Regions
- 5.5. Furniture Historic and Forecast Sales By Regions
- 5.6. Suitcase Historic and Forecast Sales By Regions
- 5.7. Other Historic and Forecast Sales By Regions
6. GLOBAL MECHANICAL LOCKS MARKET ANALYSIS BY MATERIAL
- 6.1. Overview By Material
- 6.2. Historical and Forecast Data Analysis By Material
- 6.3. Aluminum Historic and Forecast Sales By Regions
- 6.4. Stainless Steel Historic and Forecast Sales By Regions
- 6.5. Copper Historic and Forecast Sales By Regions
- 6.6. Iron Historic and Forecast Sales By Regions
- 6.7. Others Historic and Forecast Sales By Regions
7. GLOBAL MECHANICAL LOCKS MARKET ANALYSIS BY TYPE
- 7.1. Overview By Type
- 7.2. Historical and Forecast Data Analysis By Type
- 7.3. Deadbolt Historic and Forecast Sales By Regions
- 7.4. Padlocks Historic and Forecast Sales By Regions
- 7.5. Mortise Locks Historic and Forecast Sales By Regions
- 7.6. Cylindrical Locks Historic and Forecast Sales By Regions
- 7.7. Others Historic and Forecast Sales By Regions
8. GLOBAL MECHANICAL LOCKS MARKET ANALYSIS BY GEOGRAPHY
- 8.1. Regional Outlook
- 8.2. Introduction
- 8.3. North America Sales Analysis
- 8.3.1 Overview, Historic and Forecast Data Sales Analysis
- 8.3.2 North America By Segment Sales Analysis
- 8.3.3 North America By Country Sales Analysis
- 8.3.4 United States Sales Analysis
- 8.3.5 Canada Sales Analysis
- 8.3.6 Mexico Sales Analysis
- 8.4. Europe Sales Analysis
- 8.4.1 Overview, Historic and Forecast Data Sales Analysis
- 8.4.2 Europe By Segment Sales Analysis
- 8.4.3 Europe By Country Sales Analysis
- 8.4.4 United Kingdom Sales Analysis
- 8.4.5 France Sales Analysis
- 8.4.6 Germany Sales Analysis
- 8.4.7 Italy Sales Analysis
- 8.4.8 Russia Sales Analysis
- 8.4.9 Rest Of Europe Sales Analysis
- 8.5. Asia Pacific Sales Analysis
- 8.5.1 Overview, Historic and Forecast Data Sales Analysis
- 8.5.2 Asia Pacific By Segment Sales Analysis
- 8.5.3 Asia Pacific By Country Sales Analysis
- 8.5.4 China Sales Analysis
- 8.5.5 India Sales Analysis
- 8.5.6 Japan Sales Analysis
- 8.5.7 South Korea Sales Analysis
- 8.5.8 Australia Sales Analysis
- 8.5.9 South East Asia Sales Analysis
- 8.5.10 Rest Of Asia Pacific Sales Analysis
- 8.6. Latin America Sales Analysis
- 8.6.1 Overview, Historic and Forecast Data Sales Analysis
- 8.6.2 Latin America By Segment Sales Analysis
- 8.6.3 Latin America By Country Sales Analysis
- 8.6.4 Brazil Sales Analysis
- 8.6.5 Argentina Sales Analysis
- 8.6.6 Peru Sales Analysis
- 8.6.7 Chile Sales Analysis
- 8.6.8 Rest of Latin America Sales Analysis
- 8.7. Middle East & Africa Sales Analysis
- 8.7.1 Overview, Historic and Forecast Data Sales Analysis
- 8.7.2 Middle East & Africa By Segment Sales Analysis
- 8.7.3 Middle East & Africa By Country Sales Analysis
- 8.7.4 Saudi Arabia Sales Analysis
- 8.7.5 UAE Sales Analysis
- 8.7.6 Israel Sales Analysis
- 8.7.7 South Africa Sales Analysis
- 8.7.8 Rest Of Middle East And Africa Sales Analysis
9. COMPETITIVE LANDSCAPE OF THE MECHANICAL LOCKS COMPANIES
- 9.1. Mechanical Locks Market Competition
- 9.2. Partnership/Collaboration/Agreement
- 9.3. Merger And Acquisitions
- 9.4. New Product Launch
- 9.5. Other Developments
10. COMPANY PROFILES OF MECHANICAL LOCKS INDUSTRY
- 10.1. Top Companies Market Share Analysis
- 10.2. Market Concentration Rate
- 10.3. Assa Abloy AB
- 10.3.1 Company Overview
- 10.3.2 Company Revenue
- 10.3.3 Products
- 10.3.4 Recent Developments
- 10.4. ECO Schulte GMBH & Co. KG
- 10.4.1 Company Overview
- 10.4.2 Company Revenue
- 10.4.3 Products
- 10.4.4 Recent Developments
- 10.5. DOM Security
- 10.5.1 Company Overview
- 10.5.2 Company Revenue
- 10.5.3 Products
- 10.5.4 Recent Developments
- 10.6. Spectrum Brands Holdings Inc.
- 10.6.1 Company Overview
- 10.6.2 Company Revenue
- 10.6.3 Products
- 10.6.4 Recent Developments
- 10.7. The Eastern Company
- 10.7.1 Company Overview
- 10.7.2 Company Revenue
- 10.7.3 Products
- 10.7.4 Recent Developments
- 10.8. Draper Tools Ltd.
- 10.8.1 Company Overview
- 10.8.2 Company Revenue
- 10.8.3 Products
- 10.8.4 Recent Developments
- 10.9. Dormakaba International Holding GmbH
- 10.9.1 Company Overview
- 10.9.2 Company Revenue
- 10.9.3 Products
- 10.9.4 Recent Developments
- 10.10. Serrature Meroni SpA
- 10.10.1 Company Overview
- 10.10.2 Company Revenue
- 10.10.3 Products
- 10.10.4 Recent Developments
- 10.11. Allegion PLC
- 10.11.1 Company Overview
- 10.11.2 Company Revenue
- 10.11.3 Products
- 10.11.4 Recent Developments
- 10.12. Codelocks Inc.
- 10.12.1 Company Overview
- 10.12.2 Company Revenue
- 10.12.3 Products
- 10.12.4 Recent Developments
- 10.13. EVVA Sicherheitstechnologie GmbH
- 10.13.1 Company Overview
- 10.13.2 Company Revenue
- 10.13.3 Products
- 10.13.4 Recent Developments
- 10.14. August Bremicker SoHne KG
- 10.14.1 Company Overview
- 10.14.2 Company Revenue
- 10.14.3 Products
- 10.14.4 Recent Developments
- 10.15. Nuova Oxidal SRL
- 10.15.1 Company Overview
- 10.15.2 Company Revenue
- 10.15.3 Products
- 10.15.4 Recent Developments
- 10.16. Serrature Meroni SpA
- 10.16.1 Company Overview
- 10.16.2 Company Revenue
- 10.16.3 Products
- 10.16.4 Recent Developments
- 10.17. Godrej & Boyce Manufacturing Company Limited
- 10.17.1 Company Overview
- 10.17.2 Company Revenue
- 10.17.3 Products
- 10.17.4 Recent Developments
Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies