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Locks & Security Hardware Procurement Research Report | Published: Aug 2015

Helping businesses make better purchasing decisions, faster

Locks & Security Hardware: Procurement Research Report Highlights

Benchmark Price RFP/RFQ/Negotiation Questions
3-year Price Forecast Supply Chain Analysis
Supplier Intelligence Sample Buyer Decision Scorecard
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IBISWorld’s Locks & Security Hardware Procurement Research Report offers purchasing insight into the Locks & Security Hardware market. Our analysis dissects pricing trends and the supply chain, including highlighting key suppliers and their financial benchmarks. The report also provides key pieces of take-away intelligence, such as negotiation question preparation and a buying decision scorecard, which includes factors weighted according to their importance in the decision-making process.

Report Snapshot
Price Forecast & Benchmarking
Benchmark Price
Benchmark Price
Price Change 11-14
IBISWorld Buyer
Power Score
Profit Benchmark
Profit Benchmark
Price Change 14-17
Price Change
Locks & Security Hardware - Recent Price Trend

The price of locks and security hardware has been trending upward at an estimated annualized rate of 1.6% in the three years to 2015. Increases in domestic construction, new car sales and the number of businesses have primarily contributed to price growth during the period. Though demand has grown and caused prices to go up, price volatility has remained low, providing buyers with a stable... purchase to read more

Locks & Security Hardware - Total Cost of Ownership

Locks and security hardware have a moderate total cost of ownership. When looking to purchase a lock, the buyer must ensure that the door has the proper thickness and infrastructure to support that lock. Additionally, when selecting the complexity of the lock, the buyer should assess the security needs of the building, storage unit or car for which the lock is intended. Buyers' total cost of... purchase to read more


About This ReportRelated ReportsTable of Contents

This report is intended to help buyers of locks and security hardware. Locks include electronic or mechanical clasps that are released by a physical object (such as a key, keycard, radio frequency identification card, security token or fingerprint) or confidential information (such as a key code, password or combination). This report excludes lock accessories, surveillance and detection equipment and alarm systems.

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