Global and United States Mortise Lock Market Report & Forecast 2022-2028

A mortise lock (mortice lock in British English) is a lock that requires a pocket—the mortise—to be cut into the door or piece of furniture into which the lock is to be fitted.
Mortise lock is a lock that is fitted in to a hole or pocket of a door, the word mortise refers to the hole in the door in which the lock is fitted. These types of locks are most commonly found on wooden doors and are more popular in the UK and Europe
Market Analysis and Insights: Global and United States Mortise Lock Market
This report focuses on global and United States Mortise Lock market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Mortise Lock market size is estimated to be worth US$ 1771.2 million in 2022 and is forecast to a readjusted size of US$ 2512.4 million by 2028 with a CAGR of 6.0% during the review period. Fully considering the economic change by this health crisis, by Type, 2 Lever accounting for % of the Mortise Lock global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Commercial was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
Assa Abloy group, dormakaba, Gretsch Unitas, etc. are the main suppliers of the product. In 2018, Assa Abloy group accounted for the highest market share of about 21%, and allegion ranked second, accounting for about 11% of the market share. The main consumer market of this product is in developed countries, such as Europe, North America, etc. In 2018, the European market share was about 32%, followed by North America with nearly 29%.
Global Mortise Lock Scope and Market Size
Mortise Lock market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Mortise Lock market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Mortise Lock market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
2 Lever
3 Lever
5 Lever
Segment by Application
Commercial
Residential
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
ASSA ABLOY Group
Allegion
Dormakaba
Gretsch-Unitas
Hafele Group
Franz Schneider Brakel (FSB)
CES
Taymor
Zhejiang Hongli Locks
SELECO
SALTO
Lince
PDQ
Lockwood Industries
Unison Hardware
KAWAJUN
Stanley Black & Decker