The global padlocking & locking accessories market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The residential sector is expected to be the largest market for padlocks and locking accessories, accounting for over 40% of the total market share in 2018. The commercial sector is also expected to be a major contributor with an estimated share of over 30%. The key factors driving this growth are increasing security concerns among consumers and businesses, rising demand for high-security locks from governments and organizations, and growing demand from emerging economies such as India and China. However, factors such as lack of awareness about the importance of security measures among consumers may hinder growth in some regions such as Latin America where only 10% people have heard about padlocks or locking devices before they were surveyed by Frost & Sullivan in 2017.
Some Of The Growth Factors Of This Market:
- Increasing demand for padlocks and locking accessories from the construction industry.
- Increasing demand for padlocks and locking accessories from the retail industry.
- Increasing demand for padlocks and locking accessories from the automotive industry.
- Growing awareness about security among consumers.
- Rising crime rates.
Industry Growth Insights published a new data on “Padlocking & Locking Accessories Market”. The research report is titled “Padlocking & Locking Accessories Market research by Types (Door Coupling Rotary Mechanism, Handle Locking Device, Locking Device, Padlock, Cleat, Barrel Lock, Other), By Applications (Residential Sector, Industrial Sector, Commercial Sector), By Players/Companies Schneider Electric, ABB, GE Power Controls, Eaton, Phoenix Contact, Siemens, Lovato, Kewtech Corp, Brady”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Padlocking & Locking Accessories Market Research Report
By Type
Door Coupling Rotary Mechanism, Handle Locking Device, Locking Device, Padlock, Cleat, Barrel Lock, Other
By Application
Residential Sector, Industrial Sector, Commercial Sector
By Companies
Schneider Electric, ABB, GE Power Controls, Eaton, Phoenix Contact, Siemens, Lovato, Kewtech Corp, Brady
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Padlocking & Locking Accessories Market Report Segments:
The global Padlocking & Locking Accessories market is segmented on the basis of:
Types
Door Coupling Rotary Mechanism, Handle Locking Device, Locking Device, Padlock, Cleat, Barrel Lock, Other
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
Residential Sector, Industrial Sector, Commercial Sector
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:
- Schneider Electric
- ABB
- GE Power Controls
- Eaton
- Phoenix Contact
- Siemens
- Lovato
- Kewtech Corp
- Brady
Highlights of The Padlocking & Locking Accessories 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:
- Door Coupling Rotary Mechanism
- Handle Locking Device
- Locking Device
- Padlock
- Cleat
- Barrel Lock
- Other
- By Application:
- Residential Sector
- Industrial Sector
- Commercial Sector
- 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 Padlocking & Locking Accessories 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?
Padlocking & Locking Accessories are items that can be used to secure objects or areas. These items may include locks, keys, and combinations.
Some of the key players operating in the padlocking & locking accessories market are Schneider Electric, ABB, GE Power Controls, Eaton, Phoenix Contact, Siemens, Lovato, Kewtech Corp, Brady.
The padlocking & locking accessories market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Padlocking & Locking Accessories 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. Padlocking & Locking Accessories Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Padlocking & Locking Accessories Market - Supply Chain
4.5. Global Padlocking & Locking Accessories Market Forecast
4.5.1. Padlocking & Locking Accessories Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Padlocking & Locking Accessories Market Size (000 Units) and Y-o-Y Growth
4.5.3. Padlocking & Locking Accessories Market Absolute $ Opportunity
5. Global Padlocking & Locking Accessories 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. Padlocking & Locking Accessories Market Size and Volume Forecast by Type
5.3.1. Door Coupling Rotary Mechanism
5.3.2. Handle Locking Device
5.3.3. Locking Device
5.3.4. Padlock
5.3.5. Cleat
5.3.6. Barrel Lock
5.3.7. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Padlocking & Locking Accessories 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. Padlocking & Locking Accessories Market Size and Volume Forecast by Application
6.3.1. Residential Sector
6.3.2. Industrial Sector
6.3.3. Commercial Sector
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Padlocking & Locking Accessories 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. Padlocking & Locking Accessories 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 Padlocking & Locking Accessories 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. Padlocking & Locking Accessories 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 Padlocking & Locking Accessories Demand Share Forecast, 2019-2026
9. North America Padlocking & Locking Accessories 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 Padlocking & Locking Accessories 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 Padlocking & Locking Accessories Market Size and Volume Forecast by Application
9.4.1. Residential Sector
9.4.2. Industrial Sector
9.4.3. Commercial Sector
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Padlocking & Locking Accessories Market Size and Volume Forecast by Type
9.7.1. Door Coupling Rotary Mechanism
9.7.2. Handle Locking Device
9.7.3. Locking Device
9.7.4. Padlock
9.7.5. Cleat
9.7.6. Barrel Lock
9.7.7. Other
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 Padlocking & Locking Accessories Demand Share Forecast, 2019-2026
10. Latin America Padlocking & Locking Accessories 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 Padlocking & Locking Accessories 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 Padlocking & Locking Accessories Market Size and Volume Forecast by Application
10.4.1. Residential Sector
10.4.2. Industrial Sector
10.4.3. Commercial Sector
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Padlocking & Locking Accessories Market Size and Volume Forecast by Type
10.7.1. Door Coupling Rotary Mechanism
10.7.2. Handle Locking Device
10.7.3. Locking Device
10.7.4. Padlock
10.7.5. Cleat
10.7.6. Barrel Lock
10.7.7. Other
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 Padlocking & Locking Accessories Demand Share Forecast, 2019-2026
11. Europe Padlocking & Locking Accessories 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 Padlocking & Locking Accessories 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 Padlocking & Locking Accessories Market Size and Volume Forecast by Application
11.4.1. Residential Sector
11.4.2. Industrial Sector
11.4.3. Commercial Sector
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Padlocking & Locking Accessories Market Size and Volume Forecast by Type
11.7.1. Door Coupling Rotary Mechanism
11.7.2. Handle Locking Device
11.7.3. Locking Device
11.7.4. Padlock
11.7.5. Cleat
11.7.6. Barrel Lock
11.7.7. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth 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 Padlocking & Locking Accessories Demand Share, 2019-2026
12. Asia Pacific Padlocking & Locking Accessories 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 Padlocking & Locking Accessories 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 Padlocking & Locking Accessories Market Size and Volume Forecast by Application
12.4.1. Residential Sector
12.4.2. Industrial Sector
12.4.3. Commercial Sector
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Padlocking & Locking Accessories Market Size and Volume Forecast by Type
12.7.1. Door Coupling Rotary Mechanism
12.7.2. Handle Locking Device
12.7.3. Locking Device
12.7.4. Padlock
12.7.5. Cleat
12.7.6. Barrel Lock
12.7.7. Other
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 Padlocking & Locking Accessories Demand Share, 2019-2026
13. Middle East & Africa Padlocking & Locking Accessories 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 Padlocking & Locking Accessories 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 Padlocking & Locking Accessories Market Size and Volume Forecast by Application
13.4.1. Residential Sector
13.4.2. Industrial Sector
13.4.3. Commercial Sector
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Padlocking & Locking Accessories Market Size and Volume Forecast by Type
13.7.1. Door Coupling Rotary Mechanism
13.7.2. Handle Locking Device
13.7.3. Locking Device
13.7.4. Padlock
13.7.5. Cleat
13.7.6. Barrel Lock
13.7.7. Other
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 Padlocking & Locking Accessories Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Padlocking & Locking Accessories Market: Market Share Analysis
14.2. Padlocking & Locking Accessories Distributors and Customers
14.3. Padlocking & Locking Accessories Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Schneider Electric
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ABB
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. GE Power Controls
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Eaton
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Phoenix Contact
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Siemens
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Lovato
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kewtech Corp
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Brady
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook