Lock Market Overview (2024-2035)
The global lock market was valued at USD 54.8 billion in 2024 and is projected to reach USD 117.74 billion by 2035, growing at a CAGR of 7.2%. Market expansion is fueled by increasing security concerns, urbanization, and technological advancements, particularly in smart locks and biometric security solutions.
Key Market Trends:
Smart Locks ... https://www.metatechinsights.com/industry-insights/lock-market-2051