The mechanical security industry, including locks, safes, and vaults, will grow 5.4 percent annually through 2020 to $6.1 billion. The large lock segment accounted for 72 percent of industry demand in 2015 and will drive growth. The recovering construction industry will support demand, while ongoing shifts to higher value electrified products, particularly door locks and door security hardware that are used with electronic access control systems, will assist gains, too. The need for electrified versions of mechanical security products will continue to rise as access control and other such systems are installed at more entry points. The newly published study Mechanical Security Products further discusses the markets.