
India Industrial Locking System Market Research Report Forecast to 2028
Description
India Industrial Locking System Market Research Report Forecast to 2028
Market Overview
The demand for industrial locking systems is increasing rapidly over the last few years across the globe. The rapidly growing railway industry in the country is anticipated to act as a major market driver during the forecast period. The increasing popularity of safer locking systems through innovations and upgrades is anticipated to create an opportunity for market players operating in the industrial locking system market. However, growing applications of smart locks and easy duplication of keys using advanced technologies are anticipated to restrict the growth of the Indian market during the forecast period.
Locking systems provide security and control access authorization. Industrial locking systems provide a high degree of flexibility. They are used in various applications such as railway, automotive, enclosure industry, banking, telecommunication, and manufacturing among others.
The India industrial locking system market is expected to register a notable growth rate during the forecast period. The rapidly growing railway sector in the country and the rising need for two-way locks in emergency exits mainly drive market growth. However, the growing application of smart locks and the availability of advanced key duplication technologies are expected to hamper market growth. Nevertheless, the increasing popularity of safer locking systems through innovations and upgrades is projected to create opportunistic areas for market players in the India market in the coming years.
Market Segmentation
Based on product type, India industrial locking system market has been segmented into escutcheons, swing handles, lift handles, and others. Based on category, the India industrial locking system market has been segmented into keyed and non-keyed. Based on application, the India industrial locking system market has been segmented into railway, automotive, enclosure industry, banking, telecommunication, manufacturing, and others.
Major Players
The key players operating in the India industrial locking system market include Dirak Gmbh (Germany), Darshana Industries Pvt. Ltd (India), Southco, Inc. (US), Arihant Panel Fittings (India), Essentra Plc (UK), Ashoka Locks (India), Dorset Industries Private Limited (India), Yeeka India Industrial Locks (India), Kubs Safes & Locks Pvt. Ltd. (India), Dormakaba Group (Switzerland).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Companies Mentioned
Dirak Gmbh (Germany)
Darshana Industries Pvt. Ltd (India)
Southco
Inc. (US)
Arihant Panel Fittings (India)
Essentra Plc (UK)
Ashoka Locks (India)
Dorset Industries Private Limited (India)
Yeeka India Industrial Locks (India)
Kubs Safes & Locks Pvt. Ltd. (India)
Dormakaba Group (Switzerland)
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Market Overview
The demand for industrial locking systems is increasing rapidly over the last few years across the globe. The rapidly growing railway industry in the country is anticipated to act as a major market driver during the forecast period. The increasing popularity of safer locking systems through innovations and upgrades is anticipated to create an opportunity for market players operating in the industrial locking system market. However, growing applications of smart locks and easy duplication of keys using advanced technologies are anticipated to restrict the growth of the Indian market during the forecast period.
Locking systems provide security and control access authorization. Industrial locking systems provide a high degree of flexibility. They are used in various applications such as railway, automotive, enclosure industry, banking, telecommunication, and manufacturing among others.
The India industrial locking system market is expected to register a notable growth rate during the forecast period. The rapidly growing railway sector in the country and the rising need for two-way locks in emergency exits mainly drive market growth. However, the growing application of smart locks and the availability of advanced key duplication technologies are expected to hamper market growth. Nevertheless, the increasing popularity of safer locking systems through innovations and upgrades is projected to create opportunistic areas for market players in the India market in the coming years.
Market Segmentation
Based on product type, India industrial locking system market has been segmented into escutcheons, swing handles, lift handles, and others. Based on category, the India industrial locking system market has been segmented into keyed and non-keyed. Based on application, the India industrial locking system market has been segmented into railway, automotive, enclosure industry, banking, telecommunication, manufacturing, and others.
Major Players
The key players operating in the India industrial locking system market include Dirak Gmbh (Germany), Darshana Industries Pvt. Ltd (India), Southco, Inc. (US), Arihant Panel Fittings (India), Essentra Plc (UK), Ashoka Locks (India), Dorset Industries Private Limited (India), Yeeka India Industrial Locks (India), Kubs Safes & Locks Pvt. Ltd. (India), Dormakaba Group (Switzerland).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Companies Mentioned
Dirak Gmbh (Germany)
Darshana Industries Pvt. Ltd (India)
Southco
Inc. (US)
Arihant Panel Fittings (India)
Essentra Plc (UK)
Ashoka Locks (India)
Dorset Industries Private Limited (India)
Yeeka India Industrial Locks (India)
Kubs Safes & Locks Pvt. Ltd. (India)
Dormakaba Group (Switzerland)
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Table of Contents
63 Pages
- 1 Executive Summary
- 1.1 Market Attractiveness Analysis
- 1.1.1 India Industrial Locking System Market, By Product Type
- 1.1.2 India Industrial Locking System Market, Category
- 1.1.3 India Industrial Locking System Market, Application
- 2 Market Introduction
- 2.1 Definition
- 2.2 Scope Of The Study
- 2.3 Research Objective
- 2.4 Market Structure
- 2.5 Key Buying Criteria
- 3 Research Methodology
- 3.1 Research Process
- 3.2 Primary Research
- 3.3 Secondary Research
- 3.4 Market Size Estimation
- 3.5 Forecast Model
- 3.6 List Of Assumptions & Limitations
- 4 Market Dynamics
- 4.1 Introduction
- 4.2 Drivers
- 4.2.1 Rapidly Growing Railway Industry
- 4.2.2 Rising Need For Two-way Locks In Emergency Exits
- 4.2.3 Drivers Impact Analysis
- 4.3 Restraints
- 4.3.1 Growing Application Of Smart Locks
- 4.3.2 Availability Of Advanced Key Duplication Technologies
- 4.3.3 Restraints Impact Analysis
- 4.4 Opportunities
- 4.4.1 Increasing Popularity Of Safer Locking Systems Through Innovations And Upgrades
- 4.5 Challenges
- 4.5.1 Presence Of Private-label Brands
- 5 Market Factor Analysis
- 5.1 Value Chain Analysis
- 5.1.1 Research & Product Development
- 5.1.2 Raw Material Procurement
- 5.1.3 Processing
- 5.1.3.1 Mold Manufacturing
- 5.1.3.2 Die-cast Production
- 5.1.3.3 Polishing Of The Parts
- 5.1.3.4 Electroplating
- 5.1.3.5 Assembling
- 5.1.3.6 Product Quality Inspection
- 5.1.4 Packaging
- 5.2 Supply Chain Analysis
- 6 Market Factor Analysis
- 6.1 Porter’s Five Forces Model
- 6.1.1 Threat Of New Entrants
- 6.1.2 Bargaining Power Of Suppliers
- 6.1.3 Threat Of Substitutes
- 6.1.4 Bargaining Power Of Buyers
- 6.1.5 Intensity Of Rivalry
- 6.2 Impact Of Covid-19 Pandemic On India Industrial Locking Systems Market
- 6.2.1 Impact On Production
- 6.2.2 Impact On Supply Chain
- 6.2.3 Impact On Raw Materials
- 6.2.4 Cash Flow Constraints
- 6.2.5 Impact On Pricing
- 7 India Industrial Locking System Market, By Prodcut Type
- 7.1 Overview
- 7.1.1 India Industrial Locking System Market Estimates & Forecast, By Prodcut Type, 2019–2028
- 7.2 Escutcheons
- 7.3 Swing Handles
- 7.4 Lift Handles
- 7.5 Others
- 8 India Industrial Locking System Market, By Category
- 8.1 Overview
- 8.1.1 India Industrial Locking System Market Estimates & Forecast, By Category, 2019–2028
- 8.2 Keyed
- 8.3 Non-keyed
- 9 India Industrial Locking System Market, By Application
- 9.1 Overview
- 9.1.1 India Industrial Locking System Market Estimates & Forecast, By Application, 2019–2028
- 9.2 Railway
- 9.3 Automotive
- 9.4 Enclosure Industry
- 9.5 Banking
- 9.6 Telecommunication
- 9.7 Manufacturing
- 9.8 Others
- 10 Competitive Landscape
- 10.1 Introduction
- 10.1.1 Market Strategy Analysis
- 10.2 Competitive Benchmarking
- 10.3 Key Developments & Growth Strategies
- 10.3.1 Expansions
- 11 Company Profiles
- 11.1 Dirak Gmbh
- 11.1.1 Company Overview
- 11.1.2 Financial Overview
- 11.1.3 Products/Services/Solutions Offered
- 11.1.4 Key Developments
- 11.1.5 Swot Analysis
- 11.1.6 Key Strategies
- 11.2 Darshana Industries Pvt. Ltd
- 11.2.1 Company Overview
- 11.2.2 Financial Overview
- 11.2.3 Products/Services/Solutions Offered
- 11.2.4 Key Developments
- 11.2.5 Swot Analysis
- 11.2.6 Key Strategies
- 11.3 Southco, Inc.
- 11.3.1 Company Overview
- 11.3.2 Financial Overview
- 11.3.3 Products Offered
- 11.3.4 Key Developments
- 11.3.5 Swot Analysis
- 11.3.6 Key Strategies
- 11.4 Arihant Panel Fittings
- 11.4.1 Company Overview
- 11.4.2 Financial Overview
- 11.4.3 Products Offered
- 11.4.4 Key Developments
- 11.4.5 Key Strategies
- 11.5 Essentra Plc (Mesan)
- 11.5.1 Company Overview
- 11.5.2 Financial Overview
- 11.5.3 Products Offered
- 11.5.4 Key Developments
- 11.5.5 Key Strategies
- 11.6 Ashoka Locks
- 11.6.1 Company Overview
- 11.6.2 Financial Overview
- 11.6.3 Products Offered
- 11.6.4 Key Developments
- 11.6.5 Key Strategies
- 11.7 Dorset Industries Private Limited
- 11.7.1 Company Overview
- 11.7.2 Financial Overview
- 11.7.3 Products Offered
- 11.7.4 Swot Analysis
- 11.7.5 Key Developments
- 11.7.6 Key Strategies
- 11.8 Yeeka India Industrial Locks
- 11.8.1 Company Overview
- 11.8.2 Financial Overview
- 11.8.3 Products Offered
- 11.8.4 Key Developments
- 11.8.5 Key Strategies
- 11.9 Kubs Safes & Locks Pvt. Ltd.,
- 11.9.1 Company Overview
- 11.9.2 Financial Overview
- 11.9.3 Product Offered
- 11.9.4 Key Developments
- 11.9.5 Swot Analysis
- 11.9.6 Key Strategies
- 11.10 Dormakaba Group
- 11.10.1 Company Overviews
- 11.10.2 Financial Overview
- 11.10.3 Products Offered
- 11.10.4 Key Developments
- 11.10.5 Key Strategies
- List Of Tables
- Table 1 List Of Assumptions & Limitations
- Table 2 India Industrial Locking System Market Estimates & Forecast, By Prodcut Type, 2019–2028 (Usd Million)
- Table 3 India Industrial Locking System Market Estimates & Forecast, By Category, 2019–2028 (Usd Million)
- Table 4 India Industrial Locking System Market Estimates & Forecast, By Application, 2019–2028 (Usd Million)
- Table 5 Expansions
- Table 6 Dirak Gmbh: Products/Services/Solutions Offered
- Table 7 Darshana Industries Pvt. Ltd: Products/Services/Solutions Offered
- Table 8 Southco, Inc.: Products Offered
- Table 9 Southco, Inc.: Key Developments
- Table 10 Arihant Panel Fittings: Products Offered
- Table 11 Essentra Plc: Products Offered
- Table 12 Ashoka Locks: Products Offered
- Table 13 Dorset Industries Private Limited: Products Offered
- Table 14 Yeeka India Industrial Locks: Products Offered
- Table 15 Kubs Safes & Locks Pvt. Ltd.,: Products Offered
- Table 16 Dormakaba Group: Products Offered
- List Of Figures
- Figure 1 Market Synopsis
- Figure 2 India Industrial Locking System Market Analysis, By Product Type, 2020
- Figure 3 India Industrial Locking System Market Analysis, By Category, 2020
- Figure 4 India Industrial Locking System Market Analysis, By Application, 2020
- Figure 5 India Industrial Locking System Market: Structure
- Figure 6 Key Buying Criteria For Industrial Locking System
- Figure 7 Research Process
- Figure 8 Top-down & Bottom-up Approaches
- Figure 9 Market Dynamics Overview
- Figure 10 Drivers Impact Analysis: India Industrial Locking System Market
- Figure 11 Restraints Impact Analysis: India Industrial Locking System Market
- Figure 12 Value Chain: Industrial Locking System
- Figure 13 India Industrial Locking System Market: Supply Chain Analysis
- Figure 15 India Industrial Locking System Market, By Prodcut Type, 2020 (% Share)
- Figure 16 India Industrial Locking System Market, By Prodcut Type, 2019–2028 (Usd Million)
- Figure 17 India Industrial Locking System Market, By Category, 2020 (% Share)
- Figure 18 India Industrial Locking System Market, By Category, 2019–2028 (Usd Million)
- Figure 19 India Industrial Locking System Market, By Application, 2020 (% Share)
- Figure 20 India Industrial Locking System Market, By Application, 2019–2028 (Usd Million)
- Figure 21 Dirak Gmbh: Swot Analysis
- Figure 22 Darshana Industries Pvt. Ltd: Swot Analysis
- Figure 23 Southco, Inc.: Swot Analysis
- Figure 24 Essentra Plc: Financial Overview Snapshot
- Figure 25 Dorset Industries Private Limited: Swot Analysis
- Figure 26 Kubs Safes & Locks Pvt. Ltd., : Swot Analysis
- Figure 27 Dormakaba Group: Financial Overview Snapshot
Pricing
Currency Rates
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