Description
India Industrial Locking System Market Analysis
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.
TABLE OF CONTENTS
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
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