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Locks & Security Hardware Procurement Research Report | Published: May 2014

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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The Locks & Security Hardware procurement report contains data and analysis of current and future trends when buying goods and services. IBISWorld’s in-depth procurement research is always presented in a logical and consistent format for easy reference throughout a company. The Locks & Security Hardware Procurement Research Report contains growth forecasts for a three-year outlook period and supplier profit benchmarks so your company can make the right purchasing decision.

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

The price of locks and security hardware is expected to rise 1.5% annually on average in the three years to 2014. Price growth is driven primarily by increases in domestic construction, new car sales and rising input costs. Though demand has grown and has caused prices to go up, price volatility remains low, providing buyers with a stable environment to purchase locks and security hardware.A... 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 for the building, storage unit or car that the lock goes on. The buyer's 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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