Market Research Logo

Mechanical Security Products

Mechanical Security Products

Growth in the US mechanical security product market will average 5.4 percent annually through 2019, reaching $6.1 billion. Gains will be driven by the expanding base of access control systems, necessitating the use of higher value electrified mechanical security products. In addition, rising spending on new construction will support new product demand.

This report segments the mechanical security product industry by product and market. Data is provided in dollars.

Products covered by this study include:
Locks
Security Storage Equipment
Door Security Hardware
Key Blanks
Other

Locks account for the majority of demand and will represent three-quarters of mechanical security product demand in 2019. Locks are also expected to see the fastest gains of any product segment.

Major markets in the mechanical security product industry include:
Consumer
Government and Institutional
Offices and Lodging
Financial Institutions
Trade and Distribution
Equipment
Services
Industrial

The consumer market will remain the largest segment through 2019, accounting for a quarter of mechanical security product demand. The fastest gains will be seen in the government and institutional, and offices and lodging markets, propelled by strong gains in new building construction and the large and growing need for electrified products compatible with the access control systems used in these markets.

Many of the larger entities in the US security products and systems industry participate across both the mechanical and electronic segments of the business. Nonetheless, many smaller and mid-size firms specialize in mechanical security products due to different design and manufacturing requirements compared to other security products and systems. Key participants include Allegion, ASSA ABLOY, dorma+kaba, Fortune Brands Home & Security, Spectrum Brands, and Stanley Black & Decker.


  • INTRODUCTION
  • EXECUTIVE SUMMARY
    • Table MECHANICAL SECURITY PRODUCT SUPPLY & DEMAND
  • MARKET ENVIRONMENT
    • General
    • Demographic & Social Environment
      • Demographic Trends
        • Table POPULATION & HOUSEHOLDS
      • Employment Trends
        • Table EMPLOYMENT OUTLOOK
    • Macroeconomic Outlook
      • Table MACROECONOMIC INDICATORS
    • Building Construction Outlook
      • Table BUILDING CONSTRUCTION EXPENDITURES
      • Residential Building Construction
        • Table RESIDENTIAL BUILDING CONSTRUCTION EXPENDITURES
      • Nonresidential Building Construction
        • Table NONRESIDENTIAL BUILDING CONSTRUCTION EXPENDITURES
    • Building Stock Trends
      • Residential Building Stock
        • Table HOUSING STOCK BY TYPE
        • Table CHART II-1 YEAR OF CONSTRUCTION OF HOUSING STOCK, 2015
      • Nonresidential Building Stock
        • Table NONRESIDENTIAL BUILDING STOCK
    • Business Establishment Trends
      • Table BUSINESS ESTABLISHMENTS
    • Consumer Spending Outlook
      • Table PERSONAL CONSUMPTION EXPENDITURES
    • Public Safety Environment
      • Crime Rates
        • Table CHART II-2 US CRIME RATES, 2005-2015
      • Violent Crimes
        • Table VIOLENT CRIME LEVELS
      • Property Crimes
        • Table PROPERTY CRIME LEVELS
      • Terrorism & Other Nonconventional Crimes
        • Table INCIDENCES OF TERRORISM IN THE US, 2005-2014
        • Table SELECTED OTHER CRIMES
    • Legal & Regulatory Environment
    • Pricing Dynamics
    • World Mechanical Security Markets
      • Table CHART II-3 WORLD MECHANICAL SECURITY PRODUCT MARKET BY REGION, 2015
    • Foreign Trade
      • Table US FOREIGN TRADE IN MECHANICAL SECURITY PRODUCTS
  • PRODUCTS
    • General
      • Table MECHANICAL SECURITY PRODUCT SUPPLY & DEMAND
      • Table CHART III-1 MECHANICAL SECURITY PRODUCT DEMAND BY TYPE, 2015
    • Locks
      • Table LOCK SUPPLY & DEMAND
      • Table CHART III-2 LOCK DEMAND BY TYPE, 2015
      • Door Locks
        • Table DOOR LOCK SUPPLY & DEMAND
        • Table CHART III-3 DOOR LOCK DEMAND BY TYPE, 2005-2015
        • Table MECHANICAL DOOR LOCK DEMAND
        • Table CHART III-4 MECHANICAL DOOR LOCK DEMAND BY ACCESS TYPE, 2015
        • Table ELECTROMECHANICAL DOOR LOCK DEMAND
        • Table CHART III-5 ELECTROMECHANICAL DOOR LOCK DEMAND BY ACCESS TYPE, 2015
      • Padlocks
        • Table PADLOCK SUPPLY & DEMAND
      • Other Locks
        • Table OTHER LOCK SUPPLY & DEMAND
    • Security Storage Equipment
      • Table SECURITY STORAGE EQUIPMENT SUPPLY & DEMAND
      • Table CHART III-6 SECURITY STORAGE EQUIPMENT DEMAND BY TYPE, 2015
      • Safes
        • Table SAFE SUPPLY & DEMAND
      • Vaults
        • Table VAULT SUPPLY & DEMAND
      • Other Security Storage
        • Table OTHER SECURITY STORAGE SUPPLY & DEMAND
    • Door Security Hardware
      • Table DOOR SECURITY HARDWARE SUPPLY & DEMAND
      • Panic Hardware & Exit Devices
        • Table PANIC HARDWARE & EXIT DEVICE SUPPLY & DEMAND
      • Other
        • Table OTHER DOOR SECURITY HARDWARE SUPPLY & DEMAND
    • Key Blanks
      • Table KEY BLANK SUPPLY & DEMAND
    • Other
      • Table OTHER MECHANICAL SECURITY PRODUCT SUPPLY & DEMAND
  • MARKETS
    • General
      • Table MECHANICAL SECURITY PRODUCT DEMAND BY MARKET
      • Table CHART IV-1 MECHANICAL SECURITY PRODUCT DEMAND BY MARKET, 2015
    • Consumer
      • Sector Outlook
        • Table CONSUMER INDICATORS
      • Security Outlook
        • Table CONSUMER MECHANICAL SECURITY PRODUCT MARKET
    • Government & Institutional
      • Sector Outlook
        • Table GOVERNMENT & INSTITUTIONAL SECTOR INDICATORS
      • Security Outlook
        • Table GOVERNMENT & INSTITUTIONAL MECHANICAL SECURITY PRODUCT MARKET
    • Office & Lodging
      • Sector Outlook
        • Table OFFICE & LODGING SECTOR INDICATORS
      • Security Outlook
        • Table OFFICE & LODGING MECHANICAL SECURITY PRODUCT MARKET
    • Financial Institutions
      • Sector Outlook
        • Table FINANCIAL SECTOR INDICATORS
      • Security Outlook
        • Table FINANCIAL MECHANICAL SECURITY PRODUCT MARKET
    • Trade & Distribution
      • Sector Outlook
        • Table TRADE & DISTRIBUTION SECTOR INDICATORS
      • Security Outlook
        • Table TRADE & DISTRIBUTION MECHANICAL SECURITY PRODUCT MARKET
    • Equipment
      • Sector Outlook
        • Table EQUIPMENT SECTOR INDICATORS
      • Security Outlook
        • Table EQUIPMENT MECHANICAL SECURITY PRODUCT MARKET
    • Services
      • Sector Outlook
        • Table SERVICE SECTOR INDICATORS
      • Security Outlook
        • Table SERVICE SECTOR MECHANICAL SECURITY PRODUCT MARKET
    • Industrial
      • Sector Outlook
        • Table INDUSTRIAL SECTOR INDICATORS
      • Security Outlook
        • Table INDUSTRIAL MECHANICAL SECURITY PRODUCT MARKET
  • INDUSTRY STRUCTURE
    • General
    • Industry Composition
      • Table US MECHANICAL SECURITY PRODUCT SALES BY COMPANY, 2015
    • Market Share
      • Table CHART V-1 MECHANICAL SECURITY PRODUCT MARKET SHARE, 2015
    • Research & Product Development
    • Manufacturing
    • Marketing & Distribution
    • Mergers & Acquisitions
      • Table SELECTED ACQUISITIONS & DIVESTITURES
    • Cooperative Agreements
      • Table SELECTED COOPERATIVE AGREEMENTS
    • Company Profiles
      • Allegion plc
      • American Security Products Company
      • ASSA ABLOY AB
      • August Bremicker Söhne KG
      • Brady Corporation
      • Cal-Royal Products Incorporated
      • Cannon Safe Incorporated
      • CompX International Incorporated
      • Diebold Incorporated
      • dorma+kaba Holding AG
      • Eastern Company
      • Fortune Brands Home & Security Incorporated
      • Grainger (WW) Incorporated
      • Gunnebo AB
      • Hampton Products International Corporation
      • Jarden Corporation
      • Liberty Safe and Security Products Incorporated
      • Pacific Lock Company
      • Premiere Lock Company LLC
      • Spectrum Brands Holdings Incorporated
      • Stanley Black & Decker Incorporated
      • United Technologies Corporation
      • Vanguard Protex Global
      • World and Main LLC

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report