Market Overview:
The global key inserts market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for key inserts in various applications, such as automotive industry, electric & electronics, aerospace & defense, machinery industry and others. In terms of type, the global key inserts market is segmented into 2 key locks and 4 key locks. The 4 key locks segment is expected to grow at a higher CAGR than 2 key locks during the forecast period from 2018 to 2030.
Product Definition:
A key insert is a metal or plastic part that is inserted into a keyway to prevent the withdrawal of the shaft from the housing.
2 Key Locks:
2 key locks, also known as 2KL or double key lock, is a type of deadbolt lock used in residential and commercial doors to secure both the outer and inner door handles. It provides an extra level of security by requiring two separate keys for opening the door. The first one is used to unlock the mechanism while the other is used to open it.
4 Key Locks:
Key Locks are used in the Key inserts market. It is a device that helps to secure the vehicle’s ignition and start-stop systems. The 4 key locks devices have four different functions which include starting, securing alloys, programming and protecting against thefts.
The 4 key lock system has an additional feature of protection from unauthorized access to vehicles' interior by means of prying tools or screwdrivers; it also provides extra protection for spare wheel.
Application Insights:
Key locks find application in various industries including automotive, electric & electronics, aerospace & defense and machinery. Key inserts are used in numerous applications across the globe owing to their benefits such as increased security and convenience. The electric & electronics industry is expected to emerge as one of the prominent key insert market participants over the forecast period on account of increasing demand for high-tech products coupled with a growing population that craves modern appliances.
The automotive industry is also projected to witness significant growth over the coming years due to rising investments by foreign companies especially from China and Japan along with domestic players such as Ford Motor Company, General Motors Company, Fiat Chrysler Automotive Group N.V., Toyota Motor Corporation etc.
Regional Analysis:
Asia Pacific dominated the global key inserts market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing automotive production, rising construction activities, and rapid industrialization in countries such as India and China. Moreover, growing awareness regarding security measures among consumers is driving demand for these products across this region.
North America also held a significant share of the overall revenue in 2017 owing to high demand from various end-use industries such as manufacturing, healthcare & life sciences sector that require high security locksets for their operations & storage facilities.
Growth Factors:
- Increasing demand for key inserts in automotive industry
- Growing popularity of keyless entry systems
- Rising demand for smart keys and key fobs
- Proliferation of advanced security features in automobiles
- Growing trend of vehicle customization and personalization
Scope Of The Report
Report Attributes
Report Details
Report Title
Key Inserts Market Research Report
By Type
2 Key Locks, 4 Key Locks
By Application
Automotive Industry, Electric & Electronics, Aerospace & Defense, Machinery Industry, Others
By Companies
STANLEY Engineered Fastening, Bossard Group, Jergens, Recoil (Howmet Fastening Systems), E-Z LOK (Tool Components, Inc.), Dalian Andi, Xinxiang Zhongguan, Xinxiang Changling, STANLEY Engineered Fastening
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Key Inserts Market Report Segments:
The global Key Inserts market is segmented on the basis of:
Types
2 Key Locks, 4 Key Locks
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive Industry, Electric & Electronics, Aerospace & Defense, Machinery Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- STANLEY Engineered Fastening
- Bossard Group
- Jergens
- Recoil (Howmet Fastening Systems)
- E-Z LOK (Tool Components, Inc.)
- Dalian Andi
- Xinxiang Zhongguan
- Xinxiang Changling
- STANLEY Engineered Fastening
Highlights of The Key Inserts Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 2 Key Locks
- 4 Key Locks
- By Application:
- Automotive Industry
- Electric & Electronics
- Aerospace & Defense
- Machinery Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Key Inserts Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Key inserts are a type of key that is inserted into the ignition switch on a car. When the key is inserted, it activates the car's engine.
Some of the key players operating in the key inserts market are STANLEY Engineered Fastening, Bossard Group, Jergens, Recoil (Howmet Fastening Systems), E-Z LOK (Tool Components, Inc.), Dalian Andi, Xinxiang Zhongguan, Xinxiang Changling, STANLEY Engineered Fastening.
The key inserts market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Key Inserts Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Key Inserts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Key Inserts Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Key Inserts Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Key Inserts Market Size & Forecast, 2018-2028
4.5.1 Key Inserts Market Size and Y-o-Y Growth
4.5.2 Key Inserts Market Absolute $ Opportunity
Chapter 5 Global Key Inserts Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Key Inserts Market Size Forecast by Type
5.2.1 2 Key Locks
5.2.2 4 Key Locks
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Key Inserts Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Key Inserts Market Size Forecast by Applications
6.2.1 Automotive Industry
6.2.2 Electric & Electronics
6.2.3 Aerospace & Defense
6.2.4 Machinery Industry
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Key Inserts Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Key Inserts Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Key Inserts Analysis and Forecast
9.1 Introduction
9.2 North America Key Inserts Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Key Inserts Market Size Forecast by Type
9.6.1 2 Key Locks
9.6.2 4 Key Locks
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Key Inserts Market Size Forecast by Applications
9.10.1 Automotive Industry
9.10.2 Electric & Electronics
9.10.3 Aerospace & Defense
9.10.4 Machinery Industry
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Key Inserts Analysis and Forecast
10.1 Introduction
10.2 Europe Key Inserts Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Key Inserts Market Size Forecast by Type
10.6.1 2 Key Locks
10.6.2 4 Key Locks
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Key Inserts Market Size Forecast by Applications
10.10.1 Automotive Industry
10.10.2 Electric & Electronics
10.10.3 Aerospace & Defense
10.10.4 Machinery Industry
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Key Inserts Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Key Inserts Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Key Inserts Market Size Forecast by Type
11.6.1 2 Key Locks
11.6.2 4 Key Locks
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Key Inserts Market Size Forecast by Applications
11.10.1 Automotive Industry
11.10.2 Electric & Electronics
11.10.3 Aerospace & Defense
11.10.4 Machinery Industry
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Key Inserts Analysis and Forecast
12.1 Introduction
12.2 Latin America Key Inserts Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Key Inserts Market Size Forecast by Type
12.6.1 2 Key Locks
12.6.2 4 Key Locks
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Key Inserts Market Size Forecast by Applications
12.10.1 Automotive Industry
12.10.2 Electric & Electronics
12.10.3 Aerospace & Defense
12.10.4 Machinery Industry
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Key Inserts Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Key Inserts Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Key Inserts Market Size Forecast by Type
13.6.1 2 Key Locks
13.6.2 4 Key Locks
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Key Inserts Market Size Forecast by Applications
13.10.1 Automotive Industry
13.10.2 Electric & Electronics
13.10.3 Aerospace & Defense
13.10.4 Machinery Industry
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Key Inserts Market: Competitive Dashboard
14.2 Global Key Inserts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 STANLEY Engineered Fastening
14.3.2 Bossard Group
14.3.3 Jergens
14.3.4 Recoil (Howmet Fastening Systems)
14.3.5 E-Z LOK (Tool Components, Inc.)
14.3.6 Dalian Andi
14.3.7 Xinxiang Zhongguan
14.3.8 Xinxiang Changling
14.3.9 STANLEY Engineered Fastening
