Cylindrical Door Lock Market Share

Cylindrical Door Lock Market Share

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The market is highly fragmented due to the presence of numerous local & global players across the globe. In 2023, the above list of dominant market players collectively held a substantial 25% - 30% market share. These prominent players are proactively involved in strategic endeavors such as mergers & acquisitions, facility expansion, and collaborations to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position. These enterprises consistently allocate resources to research & development, aiming to enhance their designs and integrate cutting-edge technologies, thereby ensuring that they maintain a competitive edge.
 

Cylindrical Door Lock Market Companies

Major players operating in the cylindrical door lock industry include:

• ASSA ABLOY
• Allegion plc
• dormakaba Group
• Securitas Technology
• Liberty Safe
• Focus Technology Co., Ltd.
• Guard Security Equipment Co. Ltd.
• Serrature Meroni S.p.A.
• EVVA Security Technology GmbH
• ABUS AUGUST BREMICKER SÖHNE KG
• KSB SE & Co. KGaA
• The Eastern Company
• iLOQ Ltd.
• Taiwan Fu Hsing Industrial Co., Ltd.
• Legrand