Market Overview:
The global outdoor safety lock market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electronic outdoor safety locks and the growing awareness about the benefits of using these locks. The commercial segment is expected to be the fastest-growing segment during the forecast period, owing to an increase in construction activities across different regions.
Product Definition:
Outdoor Safety Lock is a type of lock that is specifically designed for use outdoors. It is made from heavy-duty materials that can withstand the elements, and it features a weatherproof seal to keep out moisture and debris. Outdoor Safety Locks are typically used to secure gates, sheds, or other outdoor structures.
Manual Outdoor Safety Locks:
Outdoor safety locks are used to secure doors and windows of commercial places, residential houses, schools and colleges. These locks are available in manual as well as automatic variants. The growth factor for the market is increasing awareness regarding security among people across the globe especially after recent string of terrorist attacks across various countries including India, France, Russia etc.
Electronic Outdoor Safety Locks:
Outdoor safety locks are used to secure a person or an object from accidental or unintended movement. These locks are mostly used in sporting activities, construction work and manufacturing industries. They can also be used at home for securing doors and windows against unintentional movements by children, pets or adults.
Outdoor safety lock market is segmented on the basis of product type which includes padlock, deadbolts & door latches.
Application Insights:
The commercial application segment accounted for the largest share of over 60.0% in 2017. The growing construction and infrastructure sector across the globe is expected to be a major factor driving product demand in this segment over the forecast period. The residential application segment is expected to witness significant growth over the forecast period owing to rising awareness about safety among consumers, coupled with an increase in spending on home improvement activities globally.
The Asia Pacific region has been witnessing rapid urbanization along with increasing disposable income levels among its population, which has resulted in increased spending on home improvement activities including security systems and gates/doorways protection mechanisms globally Over the past few years, consumer preference towards electronic products has shifted from conventional mechanical locks due to their high maintenance cost.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position over the forecast period. Increasing investments in construction and infrastructure development are likely to drive the regional market growth over the forecast period. Furthermore, growing awareness regarding security measures among end-users of outdoor safety products is also projected to support demand for these products across North America during the same period.
Asia Pacific is anticipated to witness significant growth from 2018 to 2030 owing high investment opportunities in developing countries such as India.
Growth Factors:
- Increasing demand for outdoor safety lock products from the residential sector on account of growing awareness about security and safety among consumers.
- Proliferation of e-commerce platforms that offer a wide range of outdoor safety locks at competitive prices is aiding in the growth of the market.
- The increasing installation of smart home systems is providing a boost to the demand for outdoor safety locks, as these systems generally require such devices to provide enhanced security.
- Growing concerns about crime and theft are prompting consumers to install outdoor security devices such as locks, which is in turn propelling market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Outdoor Safety Lock Market Research Report
By Type
Manual Outdoor Safety Locks, Electronic Outdoor Safety Locks
By Application
Commercial, Residential
By Companies
Assa Abloy, Godrej Locking Solutions & Systems, City Lock and Safe, HAVEN Lock, Hanman International, Super Safety Services, Energizer, Allegion
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
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Outdoor Safety Lock Market Report Segments:
The global Outdoor Safety Lock market is segmented on the basis of:
Types
Manual Outdoor Safety Locks, Electronic Outdoor Safety 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
Commercial, Residential
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:
- Assa Abloy
- Godrej Locking Solutions & Systems
- City Lock and Safe
- HAVEN Lock
- Hanman International
- Super Safety Services
- Energizer
- Allegion
Highlights of The Outdoor Safety Lock 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:
- Manual Outdoor Safety Locks
- Electronic Outdoor Safety Locks
- By Application:
- Commercial
- Residential
- 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 Outdoor Safety Lock 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
- Identifying Appropriate Advertising Appeals
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?
Outdoor Safety Lock is a locking device that attaches to the top of a door handle and prevents unauthorized entry into your home.
Some of the key players operating in the outdoor safety lock market are Assa Abloy, Godrej Locking Solutions & Systems, City Lock and Safe, HAVEN Lock, Hanman International, Super Safety Services, Energizer, Allegion.
The outdoor safety lock 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 Outdoor Safety Lock 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 Outdoor Safety Lock Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Outdoor Safety Lock 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 Outdoor Safety Lock 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 Outdoor Safety Lock Market Size & Forecast, 2020-2028
4.5.1 Outdoor Safety Lock Market Size and Y-o-Y Growth
4.5.2 Outdoor Safety Lock Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Manual Outdoor Safety Locks
5.2.2 Electronic Outdoor Safety Locks
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Outdoor Safety Lock 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 Outdoor Safety Lock 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Manual Outdoor Safety Locks
9.6.2 Electronic Outdoor Safety 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 Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Residential
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Manual Outdoor Safety Locks
10.6.2 Electronic Outdoor Safety 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 Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Residential
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Manual Outdoor Safety Locks
11.6.2 Electronic Outdoor Safety 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 Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Residential
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Manual Outdoor Safety Locks
12.6.2 Electronic Outdoor Safety 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 Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Residential
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Manual Outdoor Safety Locks
13.6.2 Electronic Outdoor Safety 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) Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Residential
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 Outdoor Safety Lock Market: Competitive Dashboard
14.2 Global Outdoor Safety Lock Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Assa Abloy
14.3.2 Godrej Locking Solutions & Systems
14.3.3 City Lock and Safe
14.3.4 HAVEN Lock
14.3.5 Hanman International
14.3.6 Super Safety Services
14.3.7 Energizer
14.3.8 Allegion
