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Locks & Security Hardware Procurement Research Report | Published: Jan 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 is a comprehensive guide to purchasing Locks & Security Hardware. This report offers strategic analysis of the factors influencing purchasing decisions, including price trends and three-year forecasts, input costs and demand factors, along with key suppliers and an analysis of the extended supply chain. Armed with the right procurement intelligence, your company will be able to make educated purchasing decisions.

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 has risen at an annualized rate of about 1.6% during the three years to 2015. Price growth has been driven primarily due to increases in domestic construction, new car sales and the number of businesses. Though demand has grown and caused prices to go up, price volatility has remained low, providing buyers with a stable purchasing environment.A recovering... 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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