Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Gear Locks market in this environment.
In terms of revenue, this research report indicated that the global Gear Locks market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of Gear Locks industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The ? ? Goji aims at producing XX Gear Locks in 2020, with XX % production to take place in global market, ? ? UniKey accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Gear Locks Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in Gear Locks Market?
Goji
UniKey
Yale
Danalock
Lockitron Bolt
RemoteLock
August
Haven
Sesame
Kwikset
...
Major Type of Gear Locks Covered in XYZResearch report:
Type I
Type II
Application Segments Covered in XYZResearch Market
Application 1
Application 2
Application 3
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Gear Locks Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Type I -Product Introduction and Major Manufacturers
1.1.2 Type II -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Gear Locks Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China Gear Locks Market
3.1.1 Top Companies leading Gear Locks Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China Gear Locks Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU Gear Locks Market
3.2.1 Top Companies leading Gear Locks Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU Gear Locks Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA Gear Locks Market
3.3.1 Top Companies leading Gear Locks Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA Gear Locks Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan Gear Locks Market
3.4.1 Top Companies leading Gear Locks Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan Gear Locks Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India Gear Locks Market
3.5.1 Top Companies leading Gear Locks Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India Gear Locks Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia Gear Locks Market
3.6.1 Top Companies leading Gear Locks Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia Gear Locks Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America Gear Locks Market
3.7.1 Top Companies leading Gear Locks Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America Gear Locks Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 Gear Locks Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on Gear Locks Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global Gear Locks Sales and Growth Rate (2021-2026)
5.2 Global Gear Locks Sales Value and Growth Rate (2021-2026)
6 Gear Locks Competitive Analysis
6.1 Goji
6.1.1 Goji Company Profiles
6.1.2 Goji Product Introduction
6.1.3 Goji Gear Locks Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 UniKey
6.2.1 UniKey Company Profiles
6.2.2 UniKey Product Introduction
6.2.3 UniKey Gear Locks Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 Yale
6.3.1 Yale Company Profiles
6.3.2 Yale Product Introduction
6.3.3 Yale Gear Locks Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 Danalock
6.4.1 Danalock Company Profiles
6.4.2 Danalock Product Introduction
6.4.3 Danalock Gear Locks Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 Lockitron Bolt
6.5.1 Lockitron Bolt Company Profiles
6.5.2 Lockitron Bolt Product Introduction
6.5.3 Lockitron Bolt Gear Locks Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
6.6 RemoteLock
6.6.1 RemoteLock Company Profiles
6.6.2 RemoteLock Product Introduction
6.6.3 RemoteLock Gear Locks Production, Revenue (2015-2020)
6.6.4 SWOT Analysis
6.7 August
6.7.1 August Company Profiles
6.7.2 August Product Introduction
6.7.3 August Gear Locks Production, Revenue (2015-2020)
6.7.4 SWOT Analysis
6.8 Haven
6.8.1 Haven Company Profiles
6.8.2 Haven Product Introduction
6.8.3 Haven Gear Locks Production, Revenue (2015-2020)
6.8.4 SWOT Analysis
6.9 Sesame
6.9.1 Sesame Company Profiles
6.9.2 Sesame Product Introduction
6.9.3 Sesame Gear Locks Production, Revenue (2015-2020)
6.9.4 SWOT Analysis
6.10 Kwikset
6.10.1 Kwikset Company Profiles
6.10.2 Kwikset Product Introduction
6.10.3 Kwikset Gear Locks Production, Revenue (2015-2020)
6.10.4 SWOT Analysis
7 Conclusion
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