Global Commercial Door Lock Market Growth 2023-2029

Global Commercial Door Lock Market Growth 2023-2029

Product Code:464328

Published Date: Feb 08,2023

Pages: 109

Region: Global

Category: Consumer Goods

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Commercial door locks are locksets that are graded for commercial use . Broadly speaking, commercial doors tend to provide better security than residential doors. They are usually larger than residential exterior doors and must withstand heavy use over time.

LPI (LP Information)' newest research report, the “Commercial Door Lock Industry Forecast” looks at past sales and reviews total world Commercial Door Lock sales in 2022, providing a comprehensive analysis by region and market sector of projected Commercial Door Lock sales for 2023 through 2029. With Commercial Door Lock sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Commercial Door Lock industry.

This Insight Report provides a comprehensive analysis of the global Commercial Door Lock landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Commercial Door Lock portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Commercial Door Lock market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Commercial Door Lock and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Commercial Door Lock.

The global Commercial Door Lock market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Chinese top three manufacturers of Commercial Door Lock occupied for a share over 60 percent, key players are Assa Abloy, Allegion and Dormakaba, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Commercial Door Lock market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Mechanical Lock
    Electronic Lock

Segmentation by application
    Hotel
    Medical Insurance
    Commercial and Retail
    School
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Assa Abloy
    Allegion
    Dormakaba
    Master Lock
    Onity
    Napco Security Technologies
    Securitech
    PDQ Industries
    Sargent and Greenleaf
    Unison Hardware

Key Questions Addressed in this Report
What is the 10-year outlook for the global Commercial Door Lock market?
What factors are driving Commercial Door Lock market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Commercial Door Lock market opportunities vary by end market size?
How does Commercial Door Lock break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?