World Mechanical Locks Market 2018 | Industry Research, Sales Analysis, Leading Key Players, Revenue Structure | CAGR is projected to grow more than 4.5% by 2022

contains the information from 2011 to 2022. Global Mechanical Locks market is expected to grow with the CAGR of more than 4% from 2016 to 2022.

Market Highlights

The growth of construction industry in China, U.S and India is driving the demand of mechanical locks. Various electrical locking devices still require mechanical lock override in case of power failure or system error, which is boosting demand for mechanical locks. Affordable prices of mechanical locks over electrical access controllers is driving the growth of the market. The sales of mechanical locks in increasing among the small scale industries and household especially in rural area.

Global Mechanical Locks Market Key Players Analyzed are :

ECO Schulte (Germany)
ASSA ABLOY (Sweden)
Fermax Electronica (U.S.)
Mul-T-Lock (U.S.)
Nuova Oxidal (Italy)
AGB – Alban Giacomo (Italy)
Codelocks (U.K.)
Frosio Bortolo (Italy)
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Market Research Analysis:

Secondary data reveals that the mechanical locks market is projected to grow more than 4.5% annually post the year 2022
The top 5 importers of mechanical locks are U.S., Germany, Mexico, China and U.K.
Geographical Analysis:

Strong construction activities in region like China, India and South East Asia is driving the growth of mechanical locks market. The demand for interconnected lock is increasing globally compared to other types of mechanical locks due to its multi-point lock system. The growth of electric access controller is also supporting demand for mechanical locks as they require in case of power failure or system error. The sales of grade2 and grade3 mechanical lock is rising in U.S. and Europe whereas garde1 locks are still popular in Asian countries.

Study Objectives of Mechanical Locks Market

Detailed analysis of segments and sub-segments of mechanical locks
To estimate market size by type, material and grade
Market dynamics including trend and factor analysis for supply and demand of mechanical locks consumption
Region level market analysis and market projections for North America, Europe, Asia, and Rest of the World (ROW) and their countries
Competition mapping and positioning of major market players, evaluation of key company strategies
Company profiling of major players in the market
Value chain analysis and supply chain analysis
Key Findings:

Secondary data reveals that the mechanical locks exports is projected to grow more than 4.5% annually post the year 2022
The top 5 exporters of mechanical locks are China, Mexico, Germany, U.S. and Italy
Intended Audience

Mechanical locks manufacturers
Aluminium and iron manufacturers
Steel Manufacturers
Stainless steel manufacturers
Retailers, wholesalers
E-commerce companies
Traders, Importers and exporters
1 Executive Summary

2 Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions

2.2.3 Limitations

2.3 Markets Structure

2.4 Stakeholders

3 Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

3.5 Market Size Estimation

LIST OF FIGURES

FIGURE 1 RESEARCH METHODOLOGY

FIGURE 2 PRIMARY DATA ANALYSIS APPROACH

FIGURE 3 SECONDARY DATA ANALYSIS APPROACH

FIGURE 4 TREND IN MECHANICAL LOCKS IMPORTS 2011-15

FIGURE 5 GROWTH RATE IN MECHANICAL LOCKS IMPORTS 2011-15

4 MARKET DYNAMICS

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