LONDON, March 23, 2017 /PRNewswire/ --
About Lock Market
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.
Technavio's 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
- AMSEC
- Gunnebo Group
- Yale
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
- For a full, detailed list, view our report
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?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Methodology
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
Download the full report: https://www.reportbuyer.com/product/4793579/
About Reportbuyer
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http://www.reportbuyer.com
For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: [email protected]
Tel: +44 208 816 85 48
Website: www.reportbuyer.com
SOURCE ReportBuyer
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