Market Overview  Mechanical Locks market size was valued at USD 7946.5 million in 2021. The Mechanical Locks market industry is projected to grow from USD 8384.35215 million in 2022 to USD 12204.63715 million by 2030, exhibiting a compound annual growth rate (CAGR) of 5.51% during the forecast period (2022 - 2030)Mechanical locks rely on the activation of a releasing mechanism. A...

  Market Overview   Mechanical Locks market size was valued at USD 7946.5 million in 2021. The Mechanical Locks market industry is projected to grow from USD 8384.35215 million in 2022 to USD 12204.63715 million by 2030, exhibiting a compound annual growth rate (CAGR) of 5.51% during the forecast period (2022 - 2030)Mechanical locks rely on the activation of a releasing mechanism....

Market Analysis  The Mechanical Locks Market is likely to touch USD 10603.28 billion at a 5.51% CAGR between 2021- 2028, reveals the new Market Research Future (MRFR) report. Mechanical locks are the backbone of a security system. It is a mechanical safety as well as an interlocking device that use a key. The combined usage of such devices guarantees systematic safety management. Deadbolt,...