Global Lock Market Will Reach At CAGR Of 6.03% Between 2017-2021.

Latest industry research report on: Global Lock Market: Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts

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.

Technavios 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

Technavio’s 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


  • Gunnebo Group

  • Yale

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Other prominent vendors

  • Bode Panzer

  • Bricard

  • CISA

  • CompX International

  • Juwel

  • Technomax

Market driver

Security concerns

For a full, detailed list, view our report

Market challenge

Intense vendor competition

For a full, detailed list, view our report

Market trend

Vendor focus on smart lock systems

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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?

Table Of Content

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

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