Bored Locks Market
Bored Locks Market Scope: Industry Analysis,
Market Size, Growth, Trends Till 2031
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Bored Locks Market Size and Growth
The Bored Locks market is experiencing steady growth due to increased security demands in residential and commercial sectors. The current market size is estimated at $1.2 billion, with a projected compound annual growth rate (CAGR) of 6% over the next five years. Key trends include technological advancements and customization options.
Companies Covered
(Covid 19 Impact Covered)
◍ CES
◍ Taymor
◍ Gretsch-Unitas
◍ Allegion
◍ ASSA ABLOY Group
◍ Dormakaba
◍ SELECO
◍ Franz Schneider Brakel (FSB)
◍ Hafele Group
◍ Zhejiang Hongli Locks
◍ SALTO
◍ Lince
The Bored Locks Market features key players like CES, Taymor, Gretsch-Unitas, Allegion, ASSA ABLOY Group, Dormakaba, SELECO, FSB, Hafele Group, Zhejiang Hongli Locks, and SALTO. These companies innovate and enhance security solutions, driving market growth through competitive technologies and expanding product offerings. Actual sales figures include Allegion: $2.6 billion and ASSA ABLOY: $10 billion.
Market Segmentation
By Application
Commercial
Residential
Other
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By Product
Cylindrical
Tubular
Market Growth
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$ X Billion USD
