Door locks are expected to see the fastest growth of any mechanical security product, increasing 6.9% annually through 2020.
SSI Staff · March 15, 2016
Despite access control systems increasingly driving the adoption of electronic locking devices, deployment of mechanical locks is not projected to weaken during the next few years.
SSI Staff · April 22, 2014
A newly released report by IHS forecasts the world market for mechanical and peripheral locking devices to be valued at $5.2 billion in 2013 , including electromagnetic locks, electric strikes, mechanical locks, exit devices and accessories.
January 28, 2014
As efforts to diminish security threats in commercial and corporate facilities remain paramount, the marketplace continues to shift from mechanical locks to electronic devices that leverage IP network infrastructure. Martin Huddart, vice president of electronic access control for ASSA ABLOY, joins the conversation to discuss how this technology progression brings with it new channel opportunities as well as introduces new challenges.
By Rodney Bosch · September 12, 2011