Global Mechanical Locks Market 2024-2028

Global Mechanical Locks Market 2024-2028


Mechanical Locks Market 2024-2028

The mechanical locks market is forecasted to grow by USD 2933.9 mn 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.

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.

Technavio's 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
This study identifies the sustained reliance on conventional locks as one of the prime reasons driving the mechanical locks market growth during the next few years. Also, growing need for technological advancement and vendors strategies will lead to sizable demand in the market.

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 robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading mechanical locks market vendors that include 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.. Also, the mechanical locks market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 publisher 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.


1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Mechanical Locks Market 2018 - 2022
Historic Market Size - Data Table on Global Mechanical Locks Market 2018 - 2022 ($ million)
4.2 End-user segment analysis 2018 - 2022
Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.3 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.4 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by End-user
6.1 Market segments
Chart on End-user - Market share 2023-2028 (%)
Data Table on End-user - Market share 2023-2028 (%)
6.2 Comparison by End-user
Chart on Comparison by End-user
Data Table on Comparison by End-user
6.3 Commercial - Market size and forecast 2023-2028
Chart on Commercial - Market size and forecast 2023-2028 ($ million)
Data Table on Commercial - Market size and forecast 2023-2028 ($ million)
Chart on Commercial - Year-over-year growth 2023-2028 (%)
Data Table on Commercial - Year-over-year growth 2023-2028 (%)
6.4 Residential - Market size and forecast 2023-2028
Chart on Residential - Market size and forecast 2023-2028 ($ million)
Data Table on Residential - Market size and forecast 2023-2028 ($ million)
Chart on Residential - Year-over-year growth 2023-2028 (%)
Data Table on Residential - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by End-user
Market opportunity by End-user ($ million)
Data Table on Market opportunity by End-user ($ million)
7 Customer Landscape
7.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
8.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
8.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
8.3 APAC - Market size and forecast 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ million)
Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Chart on APAC - Year-over-year growth 2023-2028 (%)
Data Table on APAC - Year-over-year growth 2023-2028 (%)
8.4 South America - Market size and forecast 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ million)
Data Table on South America - Market size and forecast 2023-2028 ($ million)
Chart on South America - Year-over-year growth 2023-2028 (%)
Data Table on South America - Year-over-year growth 2023-2028 (%)
8.5 Middle East and Africa - Market size and forecast 2023-2028
Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
8.6 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ million)
Data Table on North America - Market size and forecast 2023-2028 ($ million)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
8.7 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
8.8 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ million)
Data Table on China - Market size and forecast 2023-2028 ($ million)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
8.9 India - Market size and forecast 2023-2028
Chart on India - Market size and forecast 2023-2028 ($ million)
Data Table on India - Market size and forecast 2023-2028 ($ million)
Chart on India - Year-over-year growth 2023-2028 (%)
Data Table on India - Year-over-year growth 2023-2028 (%)
8.10 Brazil - Market size and forecast 2023-2028
Chart on Brazil - Market size and forecast 2023-2028 ($ million)
Data Table on Brazil - Market size and forecast 2023-2028 ($ million)
Chart on Brazil - Year-over-year growth 2023-2028 (%)
Data Table on Brazil - Year-over-year growth 2023-2028 (%)
8.11 Indonesia - Market size and forecast 2023-2028
Chart on Indonesia - Market size and forecast 2023-2028 ($ million)
Data Table on Indonesia - Market size and forecast 2023-2028 ($ million)
Chart on Indonesia - Year-over-year growth 2023-2028 (%)
Data Table on Indonesia - Year-over-year growth 2023-2028 (%)
8.12 Pakistan - Market size and forecast 2023-2028
Chart on Pakistan - Market size and forecast 2023-2028 ($ million)
Data Table on Pakistan - Market size and forecast 2023-2028 ($ million)
Chart on Pakistan - Year-over-year growth 2023-2028 (%)
Data Table on Pakistan - Year-over-year growth 2023-2028 (%)
8.13 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 ABUS August Bremicker Sons KG
ABUS August Bremicker Sons KG - Overview
ABUS August Bremicker Sons KG - Product / Service
ABUS August Bremicker Sons KG - Key offerings
11.4 Allegion Public Ltd. Co.
Allegion Public Ltd. Co. - Overview
Allegion Public Ltd. Co. - Business segments
Allegion Public Ltd. Co. - Key news
Allegion Public Ltd. Co. - Key offerings
Allegion Public Ltd. Co. - Segment focus
11.5 ASSA ABLOY AB
ASSA ABLOY AB - Overview
ASSA ABLOY AB - Business segments
ASSA ABLOY AB - Key news
ASSA ABLOY AB - Key offerings
ASSA ABLOY AB - Segment focus
11.6 Codelocks Ltd.
Codelocks Ltd. - Overview
Codelocks Ltd. - Product / Service
Codelocks Ltd. - Key offerings
11.7 Draper Tools Ltd.
Draper Tools Ltd. - Overview
Draper Tools Ltd. - Product / Service
Draper Tools Ltd. - Key offerings
11.8 Edilportale.com SpA
Edilportale.com SpA - Overview
Edilportale.com SpA - Product / Service
Edilportale.com SpA - Key offerings
11.9 EVVA Sicherheitstechnologie GmbH
EVVA Sicherheitstechnologie GmbH - Overview
EVVA Sicherheitstechnologie GmbH - Product / Service
EVVA Sicherheitstechnologie GmbH - Key offerings
11.10 Serrature Meroni SpA
Serrature Meroni SpA - Overview
Serrature Meroni SpA - Product / Service
Serrature Meroni SpA - Key offerings
11.11 SFPI Group
SFPI Group - Overview
SFPI Group - Product / Service
SFPI Group - Key offerings
11.12 Spectrum Brands Holdings Inc.
Spectrum Brands Holdings Inc. - Overview
Spectrum Brands Holdings Inc. - Product / Service
Spectrum Brands Holdings Inc. - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Global Market Characteristics
Exhibits4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits5: Executive Summary - Chart on Market Segmentation by End-user
Exhibits6: Executive Summary - Chart on Incremental Growth
Exhibits7: Executive Summary - Data Table on Incremental Growth
Exhibits8: Executive Summary - Chart on Company Market Positioning
Exhibits9: Parent Market
Exhibits10: Data Table on - Parent Market
Exhibits11: Market characteristics analysis
Exhibits12: Value Chain Analysis
Exhibits13: Offerings of companies included in the market definition
Exhibits14: Market segments
Exhibits15: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits16: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits17: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits18: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits19: Historic Market Size - Data Table on Global Mechanical Locks Market 2018 - 2022 ($ million)
Exhibits20: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
Exhibits21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits23: Five forces analysis - Comparison between 2023 and 2028
Exhibits24: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits29: Chart on Market condition - Five forces 2023 and 2028
Exhibits30: Chart on End-user - Market share 2023-2028 (%)
Exhibits31: Data Table on End-user - Market share 2023-2028 (%)
Exhibits32: Chart on Comparison by End-user
Exhibits33: Data Table on Comparison by End-user
Exhibits34: Chart on Commercial - Market size and forecast 2023-2028 ($ million)
Exhibits35: Data Table on Commercial - Market size and forecast 2023-2028 ($ million)
Exhibits36: Chart on Commercial - Year-over-year growth 2023-2028 (%)
Exhibits37: Data Table on Commercial - Year-over-year growth 2023-2028 (%)
Exhibits38: Chart on Residential - Market size and forecast 2023-2028 ($ million)
Exhibits39: Data Table on Residential - Market size and forecast 2023-2028 ($ million)
Exhibits40: Chart on Residential - Year-over-year growth 2023-2028 (%)
Exhibits41: Data Table on Residential - Year-over-year growth 2023-2028 (%)
Exhibits42: Market opportunity by End-user ($ million)
Exhibits43: Data Table on Market opportunity by End-user ($ million)
Exhibits44: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits45: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits46: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits47: Chart on Geographic comparison
Exhibits48: Data Table on Geographic comparison
Exhibits49: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits50: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits51: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits52: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits53: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits54: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits55: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits56: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits57: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits58: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits59: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits60: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits61: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits62: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits63: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits64: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits65: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits66: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits67: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits68: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits69: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits70: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits71: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits72: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits73: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibits74: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibits75: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibits76: Data Table on India - Year-over-year growth 2023-2028 (%)
Exhibits77: Chart on Brazil - Market size and forecast 2023-2028 ($ million)
Exhibits78: Data Table on Brazil - Market size and forecast 2023-2028 ($ million)
Exhibits79: Chart on Brazil - Year-over-year growth 2023-2028 (%)
Exhibits80: Data Table on Brazil - Year-over-year growth 2023-2028 (%)
Exhibits81: Chart on Indonesia - Market size and forecast 2023-2028 ($ million)
Exhibits82: Data Table on Indonesia - Market size and forecast 2023-2028 ($ million)
Exhibits83: Chart on Indonesia - Year-over-year growth 2023-2028 (%)
Exhibits84: Data Table on Indonesia - Year-over-year growth 2023-2028 (%)
Exhibits85: Chart on Pakistan - Market size and forecast 2023-2028 ($ million)
Exhibits86: Data Table on Pakistan - Market size and forecast 2023-2028 ($ million)
Exhibits87: Chart on Pakistan - Year-over-year growth 2023-2028 (%)
Exhibits88: Data Table on Pakistan - Year-over-year growth 2023-2028 (%)
Exhibits89: Market opportunity By Geographical Landscape ($ million)
Exhibits90: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits91: Impact of drivers and challenges in 2023 and 2028
Exhibits92: Overview on criticality of inputs and factors of differentiation
Exhibits93: Overview on factors of disruption
Exhibits94: Impact of key risks on business
Exhibits95: Companies covered
Exhibits96: Matrix on companies position and classification
Exhibits97: ABUS August Bremicker Sons KG - Overview
Exhibits98: ABUS August Bremicker Sons KG - Product / Service
Exhibits99: ABUS August Bremicker Sons KG - Key offerings
Exhibits100: Allegion Public Ltd. Co. - Overview
Exhibits101: Allegion Public Ltd. Co. - Business segments
Exhibits102: Allegion Public Ltd. Co. - Key news
Exhibits103: Allegion Public Ltd. Co. - Key offerings
Exhibits104: Allegion Public Ltd. Co. - Segment focus
Exhibits105: ASSA ABLOY AB - Overview
Exhibits106: ASSA ABLOY AB - Business segments
Exhibits107: ASSA ABLOY AB - Key news
Exhibits108: ASSA ABLOY AB - Key offerings
Exhibits109: ASSA ABLOY AB - Segment focus
Exhibits110: Codelocks Ltd. - Overview
Exhibits111: Codelocks Ltd. - Product / Service
Exhibits112: Codelocks Ltd. - Key offerings
Exhibits113: Draper Tools Ltd. - Overview
Exhibits114: Draper Tools Ltd. - Product / Service
Exhibits115: Draper Tools Ltd. - Key offerings
Exhibits116: Edilportale.com SpA - Overview
Exhibits117: Edilportale.com SpA - Product / Service
Exhibits118: Edilportale.com SpA - Key offerings
Exhibits119: EVVA Sicherheitstechnologie GmbH - Overview
Exhibits120: EVVA Sicherheitstechnologie GmbH - Product / Service
Exhibits121: EVVA Sicherheitstechnologie GmbH - Key offerings
Exhibits122: Serrature Meroni SpA - Overview
Exhibits123: Serrature Meroni SpA - Product / Service
Exhibits124: Serrature Meroni SpA - Key offerings
Exhibits125: SFPI Group - Overview
Exhibits126: SFPI Group - Product / Service
Exhibits127: SFPI Group - Key offerings
Exhibits128: Spectrum Brands Holdings Inc. - Overview
Exhibits129: Spectrum Brands Holdings Inc. - Product / Service
Exhibits130: Spectrum Brands Holdings Inc. - Key offerings
Exhibits131: Inclusions checklist
Exhibits132: Exclusions checklist
Exhibits133: Currency conversion rates for US$
Exhibits134: Research methodology
Exhibits135: Information sources
Exhibits136: Data validation
Exhibits137: Validation techniques employed for market sizing
Exhibits138: Data synthesis
Exhibits139: 360 degree market analysis
Exhibits140: List of abbreviations

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