Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Locker Locks Market by Type (Electronic Locker Locks, Mechanical Locker Locks), By Application (Metal Lockers, Wood Lockers, Plastic and Phenolic Lockers, Laminate Lockers) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Locker Locks Market by Type (Electronic Locker Locks, Mechanical Locker Locks), By Application (Metal Lockers, Wood Lockers, Plastic and Phenolic Lockers, Laminate Lockers) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 155733 3300 Machinery & Equipment 377 239 Pages 4.6 (41)
                                          

Market Overview:


The global locker locks 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 locker locks from various end-use industries, such as educational institutions, healthcare organizations, and corporate offices. In addition, the growing popularity of smart lockers is also contributing to the growth of this market. The global locker locks market can be segmented on the basis of type into electronic locker locks and mechanical locker locks.


Global Locker Locks Industry Outlook


Product Definition:


Locker locks are used to secure personal belongings in a locker. They are typically made of metal and have a key or combination lock. Locker locks are important for securing personal belongings, as they can prevent theft or tampering.


Electronic Locker Locks:


Electronic Locker Locks, also known as electronic lockboxes or digital lockboxes, are becoming increasingly popular among consumers. The key reason for their growing popularity is that they offer increased security against the unauthorized user.


The other major factor responsible for their growing popularity is that they provide greater convenience to customers by allowing them to access their property even when away from the premises.


Mechanical Locker Locks:


Mechanical Locker Locks are used in combination with padlocks to provide an extra layer of security. The mechanical lock is a key-based locking system, which uses a dial or wheel to select the appropriate code for opening the door. These locks are available in both electronic and mechanical forms, where electronic variants use microcontrollers and sensors to perform basic functions such as preventing unwanted accesses and ensuring that only authorized users open their locker at the end of each day.


Application Insights:


Metal lockers were the most prominent segment and accounted for a revenue share of more than 40.0% in 2017. Metal lockers are widely used in schools, colleges, universities, sports clubs, offices and other commercial spaces as a secure storage facility for valuables such as laptops, mobiles and wallets. Increasing awareness regarding the safety of belongings stored in locker rooms has been driving the demand for metal lockers. Furthermore, metal locker also have aesthetic appeal due to its sturdy construction and this is likely to bode well for market growth over the coming years.


Regional Analysis:


Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing investments in construction and manufacturing sectors by various companies. For instance, in September 2017, Siemens AG announced plans for investing around USD X million over a period of four years in India’s power sector. The company planned to use this money for building electric vehicles and energy storage systems among other things.


North America region accounted for more than 25% of global revenue share in 2016 owing to high demand from educational institutes and corporate places across U.S.


Growth Factors:


  • Increasing demand for locker locks from the banking and financial sector as a result of increasing security concerns
  • Growing popularity of smart locks and digital keys, which are expected to boost the locker locks market growth over the forecast period
  • Proliferation of e-commerce and m-commerce platforms, which is expected to create new opportunities for locker lock manufacturers in the coming years
  • Rising demand for customized locker locks from educational institutions and other commercial establishments
  • Increasing awareness about safety and security among consumers, which is likely to fuel the growth of the global locker locks market in the near future

Scope Of The Report

Report Attributes

Report Details

Report Title

Locker Locks Market Research Report

By Type

Electronic Locker Locks, Mechanical Locker Locks

By Application

Metal Lockers, Wood Lockers, Plastic and Phenolic Lockers, Laminate Lockers

By Companies

ABS Corporation, ABUS, Adel, Allegion, Ashoka, ASSA-Abloy, Dessmann, Digilock, Dormakaba, Godrej, Golden Locks, Hafele, Honda, Hoshimoto, Jiangmen Keyu, KAADAS, KeyLocks, Kodia, Koyo Locks, LIHAR, Likcoo, Link Locks, Lowe & Fletcher, Master Lock, Ojmar, REAL Group, Samsung, Shah Industries, Shrida Udyog, Teksun, Viet-Tiep, Yifeng, Zhejiang YongJing

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

239

Number of Tables & Figures

168

Customization Available

Yes, the report can be customized as per your need.


Global Locker Locks Market Report Segments:

The global Locker Locks market is segmented on the basis of:

Types

Electronic Locker Locks, Mechanical Locker 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

Metal Lockers, Wood Lockers, Plastic and Phenolic Lockers, Laminate Lockers

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:

  1. ABS Corporation
  2. ABUS
  3. Adel
  4. Allegion
  5. Ashoka
  6. ASSA-Abloy
  7. Dessmann
  8. Digilock
  9. Dormakaba
  10. Godrej
  11. Golden Locks
  12. Hafele
  13. Honda
  14. Hoshimoto
  15. Jiangmen Keyu
  16. KAADAS
  17. KeyLocks
  18. Kodia
  19. Koyo Locks
  20. LIHAR
  21. Likcoo
  22. Link Locks
  23. Lowe & Fletcher
  24. Master Lock
  25. Ojmar
  26. REAL Group
  27. Samsung
  28. Shah Industries
  29. Shrida Udyog
  30. Teksun
  31. Viet-Tiep
  32. Yifeng
  33. Zhejiang YongJing

Global Locker Locks Market Overview


Highlights of The Locker Locks Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Electronic Locker Locks
    2. Mechanical Locker Locks
  1. By Application:

    1. Metal Lockers
    2. Wood Lockers
    3. Plastic and Phenolic Lockers
    4. Laminate Lockers
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Locker Locks 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

Global Locker Locks Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Locker locks are a type of security lock that is used to secure personal belongings in a locker. Locker locks typically use a combination of numbers and letters to unlock the locker, and can be changed regularly depending on the security needs of the individual facility.

Some of the major players in the locker locks market are ABS Corporation, ABUS, Adel, Allegion, Ashoka, ASSA-Abloy, Dessmann, Digilock, Dormakaba, Godrej, Golden Locks, Hafele, Honda, Hoshimoto, Jiangmen Keyu, KAADAS, KeyLocks, Kodia, Koyo Locks, LIHAR, Likcoo, Link Locks, Lowe & Fletcher, Master Lock, Ojmar, REAL Group, Samsung, Shah Industries, Shrida Udyog, Teksun, Viet-Tiep, Yifeng, Zhejiang YongJing.

The locker locks market is expected to grow at a compound annual growth rate of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Locker Locks Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Locker Locks Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Locker Locks Market - Supply Chain
   4.5. Global Locker Locks Market Forecast
      4.5.1. Locker Locks Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Locker Locks Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Locker Locks Market Absolute $ Opportunity

5. Global Locker Locks Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Locker Locks Market Size and Volume Forecast by Type
      5.3.1. Electronic Locker Locks
      5.3.2. Mechanical Locker Locks
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Locker Locks Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Locker Locks Market Size and Volume Forecast by Application
      6.3.1. Metal Lockers
      6.3.2. Wood Lockers
      6.3.3. Plastic and Phenolic Lockers
      6.3.4. Laminate Lockers
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Locker Locks Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Locker Locks Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Locker Locks Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Locker Locks Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Locker Locks Demand Share Forecast, 2019-2026

9. North America Locker Locks Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Locker Locks Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Locker Locks Market Size and Volume Forecast by Application
      9.4.1. Metal Lockers
      9.4.2. Wood Lockers
      9.4.3. Plastic and Phenolic Lockers
      9.4.4. Laminate Lockers
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Locker Locks Market Size and Volume Forecast by Type
      9.7.1. Electronic Locker Locks
      9.7.2. Mechanical Locker Locks
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Locker Locks Demand Share Forecast, 2019-2026

10. Latin America Locker Locks Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Locker Locks Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Locker Locks Market Size and Volume Forecast by Application
      10.4.1. Metal Lockers
      10.4.2. Wood Lockers
      10.4.3. Plastic and Phenolic Lockers
      10.4.4. Laminate Lockers
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Locker Locks Market Size and Volume Forecast by Type
      10.7.1. Electronic Locker Locks
      10.7.2. Mechanical Locker Locks
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Locker Locks Demand Share Forecast, 2019-2026

11. Europe Locker Locks Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Locker Locks Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Locker Locks Market Size and Volume Forecast by Application
      11.4.1. Metal Lockers
      11.4.2. Wood Lockers
      11.4.3. Plastic and Phenolic Lockers
      11.4.4. Laminate Lockers
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Locker Locks Market Size and Volume Forecast by Type
      11.7.1. Electronic Locker Locks
      11.7.2. Mechanical Locker Locks
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growh Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Locker Locks Demand Share, 2019-2026

12. Asia Pacific Locker Locks Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Locker Locks Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Locker Locks Market Size and Volume Forecast by Application
      12.4.1. Metal Lockers
      12.4.2. Wood Lockers
      12.4.3. Plastic and Phenolic Lockers
      12.4.4. Laminate Lockers
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Locker Locks Market Size and Volume Forecast by Type
      12.7.1. Electronic Locker Locks
      12.7.2. Mechanical Locker Locks
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Locker Locks Demand Share, 2019-2026

13. Middle East & Africa Locker Locks Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Locker Locks Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Locker Locks Market Size and Volume Forecast by Application
      13.4.1. Metal Lockers
      13.4.2. Wood Lockers
      13.4.3. Plastic and Phenolic Lockers
      13.4.4. Laminate Lockers
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Locker Locks Market Size and Volume Forecast by Type
      13.7.1. Electronic Locker Locks
      13.7.2. Mechanical Locker Locks
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Locker Locks Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Locker Locks Market: Market Share Analysis
   14.2. Locker Locks Distributors and Customers
   14.3. Locker Locks Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. ABS Corporation
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. ABUS
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Adel
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Allegion
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Ashoka
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. ASSA-Abloy
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Dessmann
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Digilock
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Dormakaba
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Godrej
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Golden Locks
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Hafele
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Honda
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Hoshimoto
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. Jiangmen Keyu
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. KAADAS
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. KeyLocks
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. Kodia
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. Koyo Locks
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. LIHAR
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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