1. Market Research
  2. > Construction Market Trends
Mechanical and Electromechanical Locks Market - Global Outlook and Forecast 2020-2025

Mechanical and Electromechanical Locks Market - Global Outlook and Forecast 2020-2025

  • August 2020
  • 273 pages
  • ID: 5949204
  • Format: PDF
  • Arizton
Up to $1000 off Until Sep 30th 2020


Table of Contents

Search Inside

In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Mechanical and Electromechanical Locks Market Report

The mechanical and electromechanical locks market by revenue is expected to grow at a CAGR of over 4% during the period 2019–2025.

The global mechanical and electromechanical locks market is expected to witness moderate growth during the forecast period. The market for new locks and digital access control systems is mainly driven by the demand for new access points, door installations, as well as renovation activities to increase the security of homes and commercial premises, including retail, hospitality, recreational facilities. Most commercial spaces are implementing latest infrastructure and technology to improve aesthetics, while ensuring maximum security and convenience, which is boosting the demand for electromechanical and networked locking systems. The demand for new safety system is driven by the installation of new fire-rated and energy efficient doors in developed countries, which boost the demand for mechanical and electromechanical locks. Fire rated as well as thermally efficient doors can prove highly beneficial for industrial spaces and investments in production sites are expected to contribute in the growth of the electronic locks market globally.

The rapid spread of the COVID-19 pandemic in early 2020 has greatly affected the global construction, manufacturing, and industrial outlook. The momentum for new orders and the expansion of industrial capabilities have reduced across the world both in terms of production. Stringent lockdowns from local and national governments have restricted supply, production, and logistics activities of finished goods.

The following factors are likely to contribute to the growth of the mechanical and electromechanical market during the forecast period:

•Wireless access Control and Locking
•High Potential in Emerging Markets
•Growing Construction in Commercial Sector
•Coworking Spaces Driving Demand of Digital Locks

The study considers the present scenario of the mechanical and electromechanical locks market and its market dynamics for the period 2019?2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent ones operating in the market.

Mechanical and Electromechanical Locks Market Segmentation
The global mechanical and electromechanical locks research report includes a detailed segmentation by type, installation, end-users, and geography. The mechanical locks segment accounted for 60% of the mechanical and electromechanical locks market shares in 2019. A widespread adoption worldwide and high compatibility with common door type are the major factors driving the market growth. The growth of mechanical systems is proportional to the installation of manual doors. Automatic and glass doors have mechanical ones installed in retail outlets and corporate premises, which are boosting the demand across the globe. They are witnessing innovations in terms of materials, proofing, and protection.

In 2019, the replacement segment for existing locking and access control systems accounted for 65% of the mechanical and electromechanical locks market share. The demand for replacement doors is higher in renovation and retrofit activities, thereby driving the demand for replacement locks. APAC and Europe have led the market for replacement systems as a majority of the existing commercial building stock is not energy efficient. North America follows Europe in terms of replacement systems as building owners in the region seek advanced access control systems in their buildings and homes. The demand for replacement systems is directly connected to the replacement of doors as well as the growing trend of do-it-yourself (DIY) activities and the rising need for advancing security. In terms of replacement demand for locks, the current trend is energy efficiency, which brings the overall fenestration of buildings.

The demand for locks in hotels typically varies by region and hotel size. The penetration of electromechanical systems in large hotel chains in developed countries as well as tourist hotspots averaged around 70% in 2019; whereas, hotels, lodges, and resorts in emerging countries and low budget destinations witnessed a high share for mechanical systems. The revenue potential for mechanical systems in the hospitality segment is improving as the demand is rapidly skewing toward higher revenue variants such as mortise locks. Automatic doors, smart door locks, and smart locks market is gaining immense popularity over the years, thereby becoming mainstream products in the hospitality locking systems.

The corporate segment is likely to grow at a steady rate from 2023 through 2025, as the global mechanical and electromechanical locks market overcomes the COVID-19 pandemic and corporate offices are back with full capacity, thus boosting investments in new construction of office space as well as renovation and retrofitting in access control systems. The corporate sector is expected to follow the hospitality segment in demand for electronic locks and network access control systems. There is large potential for energy-efficient doors in renovation of corporate buildings as air conditioning and lighting account for the maximum power usage in these buildings.

Segmentation by Type

Segmentation by Installation

•New Construction

Segmentation by End-user


In the APAC mechanical and electromechanical locks market, the growth is mainly driven by China, South Korea, Japan, Australia, and India. Strong economic growth, coupled with the rise in residential and non-residential construction activities and increase in disposable incomes, has primarily supported the growth of the market in the region. The region remains a promising market for both mechanical and electromechanical systems. Comprising the most emerging economies in world - China and India, the APAC region is expected to witness a considerable investor attention in both residential and commercial building construction activities. APAC also constitutes about 60% of the world’s population, which is growing at an annual rate of 1.3%. Moreover, APAC comprises a large millennial population, especially in countries such as China and India. The APAC market holds a key area of interest for building construction business vendors due to the high infrastructure demand across the region. As the region will witness an increasing investments and activities in new construction, renovation, and retrofit activities, it holds handsome potential for new revenue generation for both mechanical and electromechanical systems.

Segmentation by Geography

•North America
oSouth Korea
•Latin America
•Middle East & Africa
oSaudi Arabia

The global mechanical and electromechanical locks market is dominated by several small and medium scale companies. In North America and Europe, domestic and long-established vendors enjoy high brand loyalty and strong market positions. Established large vendors offer locks with longer life cycles and an existing large base of installed systems present them with stable demand growth prospects in replacement activities as well. In emerging countries, regulatory standards for safety systems and strong national brands are less common. Moreover, with rising traction of innovative and high-quality mechanical as well as electromechanical systems growing in emerging countries, these markets hold high potential for entry of multinational vendors, especially in the field of electromechanical locks. Vendors are expected to pursue growth by acquisitions as there are numerous small-scale vendors.

Prominent Vendors

Other Prominent Vendors
•WSI Industries Inc.
•Gretsch-Unitas (G-U)
•Hager Group
•DOM Security
•Lawrence Hardware
•Dynasty Hardware
•Hampton Products International
•Tell Manufacturing
•Godrej Group
•Guangdong Archie Hardware
•Deltana Enterprises
•Kason Hardware
•PRIME-LINE Products
•KEYU Intelligence Co (HUNE)
•Alban Giamoco

Key Questions Answered
1.What is the mechanical and electromechanical locks market size and growth rate during the forecast period?
2.What are the factors impacting the growth of the mechanical and electromechanical locks market shares?
3.Which lock type/ end-user type/region is generating the largest revenue in the Europe region?
4.Who are the leading vendors in the mechanical and electromechanical locks market, and what are the Assa Abloy’s market shares?
5.What is the impact of the COVID-19 pandemic on the mechanical and electromechanical locks market?

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
20% Off


  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.


Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on