“Coded Lock Market” Market Analysis and Insights: Global Coded Lock Market
Due to the COVID-19 pandemic, the global Coded Lock market size is estimated to be worth USD million in 2023 and is forecast to a readjusted size of USD million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Electronic Coded Lock accounting for % of the Coded Lock global market in 2021, is projected to value USD million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Home segment is altered to an % CAGR throughout this forecast period.
China Coded Lock market size is valued at USD million in 2021, while the US and Europe Coded Lock are USD million and USD million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Coded Lock landscape, Germany is projected to reach USD million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Coded Lock include Codelocks Ltd, Kwikset, Yale, LEHMANN, BorglocksBorg Locks (UK) Ltd, ASSA ABLOY, Allegion, Kwikset (Spectrum Brands) and Master Lock (Fortune Brands), etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Coded Lock capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2023, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Coded Lock by region (region level and country level), by company, by Type and by Application. from 2017 to 2023 and forecast to 2028.
Global Coded Lock Scope and Segment
Coded Lock market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Coded Lock market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
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The Major Players in the Industrial Coded Lock Market include:
- Codelocks Ltd
- BorglocksBorg Locks (UK) Ltd
- ASSA ABLOY
- Kwikset (Spectrum Brands)
- Master Lock (Fortune Brands)
- Guangdong Be-Tech
- Guangdong Level Intelligent Lock
By Product Types:
- Electronic Coded Lock
- Magnetic Coded Lock
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