The Premium Report on Locksmiths contains information used by Marketing Departments in many of the Fortune 1,000 companies and beyond. The report helps identify industry changes, trends, key players, and growth opportunities.
Contents:
Current State of the Industry
Market Size
Market Forecast
Products and Services Breakdown
Financial Statements - Income Statement
Salary & Compensation Statistics
Key Companies
Public Company News
Largest Government Vendors
Current State of the Industry
Market Size
Market Forecast
Products and Services Breakdown
Financial Statements - Income Statement
Salary & Compensation Statistics
Key Companies
Public Company News
Largest Government Vendors
Current State of the Locksmiths Industry
This section provides answers to five fundamental and commonly-asked questions about the industry:- What is the total market size ($ millions)?
- How much has the market grown or declined?
- Are long term forecasts positive or negative?
- How large is the average company?
- How many companies are in the industry?
Market Size - Locksmiths
The total U.S. market size for the Locksmiths industry includes all companies, both public and private. In addition to total revenue, the table contains details on employees, companies, and average firm size.| Metrics | 2004 2005 2006 2007 2008 2009 | |
|---|---|---|
| Market Size (Total Industry Sales) |
Available Included with Instant Access Order at top of page | |
| Total Firms | ||
| Total Locations (Headquarters and Branches) | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
Market Forecast - Locksmiths
Market forecasts show the long term outlook for the Locksmiths industry. The following five-year forecast utilizes advanced econometric techniques that take into account both short-term and long-term industry trends.| Forecast | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 |
|---|---|---|---|---|---|---|
| Revenue ($ billion) | AVAILABLE | |||||
Source: AnythingResearch.com Economic Analysis
Product & Services Breakdown
The following products and services account for the largest source of revenues in the Locksmiths industry. Note that there are multiple levels of classification, so some line items are contained within other lines.| Product Description | Number of Companies | Sales ($ millions) | Percent of Total Sales |
|---|---|---|---|
Industry Total |
AVAILABLE | ||
Building Security System Services (With Monitoring) |
AVAILABLE | ||
Building Security Sys & Lock Inst & Repair (Without Monitoring) |
AVAILABLE | ||
Bldg Security Sys & Lock Inst & Repair (W/O Monitor) -Residential |
AVAILABLE | ||
Bldg Security Sys & Lock Inst & Repair (W/O Monitoring) - Non-Res |
AVAILABLE | ||
Key Duplication Services |
AVAILABLE | ||
Resale Of Merchandise |
AVAILABLE | ||
Resale Of Over-The-Counter Merchandise |
AVAILABLE | ||
All Other Operating Receipts |
AVAILABLE | ||
Income Statement (Average Financial Metrics) - Locksmiths
Financial metrics provide a snapshot view of an "average" company in the Locksmiths industry. Key business metrics show revenue and operating costs. The data collected is industry-wide, covering both public and private companies in the industry.| Industry Average | Percent of Sales | |
|---|---|---|
| Total Revenue | AVAILABLE Included in Report Order at top of page |
|
| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Total Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit | ||
Financial Ratio Analysis - Locksmiths
Financial ratios can be used to compare how a company in the Locksmiths industry is performing relative to its peers. Financial ratios are calculated from the industry-average for income statements and balance sheets.| Liquidity Ratios - Locksmiths Industry | Industry Average |
|---|---|
| Liquidity Ratios measure how liquid a business is. Bankers and suppliers may use these to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
Included |
| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
Included |
| Efficiency Ratios - Locksmiths Industry | Industry Average |
|---|---|
| Efficiency Ratios measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is low compared to the industry average, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
Included |
| Average Collection Period Based on the Receivables Turnover Ratio, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover Ratio |
Included |
| Inventory Turnover Ratio A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
Included |
| Fixed-Asset Turnover Ratio Generally, a higher ratio is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
Included |
Geographic Distribution
The concentration of employees by states indicates how the industry (companies and workforce) is distributed throughout the country.
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Move mouse over states to see employment numbers
Note: Round numbers are estimates. Precise numbers are actuals.
Source: US Census
Compensation & Salary Surveys for Employees Working in Locksmiths
Compensation statistics provides an accurate assessment of jobs in the Locksmiths industry and national salary averages. This information can be used to asses which positions are most common, and high, low, and average annual wages.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management occupations | 4% |
AVAILABLE Included in Report Order at top of page |
||
| Chief executives | 0% | |||
| General and operations managers | 3% | |||
| Protective service occupations | 8% | |||
| Sales and related occupations | 13% | |||
| Office and administrative support occupations | 23% | |||
| Installation, maintenance, and repair occupations | 46% | |||
| Security and fire alarm systems installers | 30% | |||
| Locksmiths and safe repairers | 11% | |||
Companies in Locksmiths and Adjacent Industries
| Company | Address | Key Contact |
|---|---|---|
| AVAILABLE | AVAILABLE | AVAILABLE |
Public Locksmiths Company News
Web scan for recent news about publicly traded companies in the Locksmiths industry.Government Contracts Related to Locksmiths
In 2008, the federal government spent a total of $2,626,971 on Locksmiths. It has awarded 226 contracts to 113 companies, with an average value of $23,248 per company.Top government vendors:
| Company | Federal Contracts | Total Award Amount |
|---|---|---|
| AVAILABLE | AVAILABLE | AVAILABLE |
The Industry Report on Locksmiths contains the key pieces of information used by strategy and management consultants to identify market trends and accurately measure growth and industry performance.
Contents:
Current State of the Industry
Market Size
Financial Statements - Income Statement
Salary & Compensation Statistics
Key Companies
Public Company News
Current State of the Industry
Market Size
Financial Statements - Income Statement
Salary & Compensation Statistics
Key Companies
Public Company News
Current State of the Locksmiths Industry
This section provides answers to five fundamental and commonly-asked questions about the industry:- What is the total market size ($ millions)?
- How much has the market grown or declined?
- Are long term forecasts positive or negative?
- How large is the average company?
- How many companies are in the industry?
Market Size - Locksmiths
The total U.S. market size for the Locksmiths industry includes all companies, both public and private. In addition to total revenue, the table contains details on employees, companies, and average firm size.| Metrics | 2004 2005 2006 2007 2008 2009 | |
|---|---|---|
| Market Size (Total Industry Sales) |
Available Included with Instant Access Order at top of page | |
| Total Firms | ||
| Total Locations (Headquarters and Branches) | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
Income Statement (Average Financial Metrics) - Locksmiths
Financial metrics provide a snapshot view of an "average" company in the Locksmiths industry. Key business metrics show revenue and operating costs. The data collected is industry-wide, covering both public and private companies in the industry.| Industry Average | Percent of Sales | |
|---|---|---|
| Total Revenue | AVAILABLE Included in Report Order at top of page |
|
| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Total Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit | ||
Financial Ratio Analysis - Locksmiths
Financial ratios can be used to compare how a company in the Locksmiths industry is performing relative to its peers. Financial ratios are calculated from the industry-average for income statements and balance sheets.| Liquidity Ratios - Locksmiths Industry | Industry Average |
|---|---|
| Liquidity Ratios measure how liquid a business is. Bankers and suppliers may use these to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
Included |
| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
Included |
| Efficiency Ratios - Locksmiths Industry | Industry Average |
|---|---|
| Efficiency Ratios measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is low compared to the industry average, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
Included |
| Average Collection Period Based on the Receivables Turnover Ratio, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover Ratio |
Included |
| Inventory Turnover Ratio A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
Included |
| Fixed-Asset Turnover Ratio Generally, a higher ratio is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
Included |
Compensation & Salary Surveys for Employees Working in Locksmiths
Compensation statistics provides an accurate assessment of jobs in the Locksmiths industry and national salary averages. This information can be used to asses which positions are most common, and high, low, and average annual wages.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management occupations | 4% |
AVAILABLE Included in Report Order at top of page |
||
| Chief executives | 0% | |||
| General and operations managers | 3% | |||
| Protective service occupations | 8% | |||
| Sales and related occupations | 13% | |||
| Office and administrative support occupations | 23% | |||
| Installation, maintenance, and repair occupations | 46% | |||
| Security and fire alarm systems installers | 30% | |||
| Locksmiths and safe repairers | 11% | |||
Companies in Locksmiths and Adjacent Industries
| Company | Address | Key Contact |
|---|---|---|
| AVAILABLE | AVAILABLE | AVAILABLE |
Public Locksmiths Company News
Web scan for recent news about publicly traded companies in the Locksmiths industry.Recent News about Locksmiths
- Lyon to consider fee resolution adoption for 2010: The Lyon County Commissioners were scheduled to consider approval of an annual fee resolution at their meeting this week.
- New Jersey locksmith company is accused of using Racine Locksmiths name: A New Jersey company that fronted a locksmith dispatch businessunder the name USA Locksmith was accused by state consumerprotection authorities with using numerous phony business names andaddresses and local telephone numbers to fool customers insoutheast Wisconsin into thinking they were dealing with localbusinesses.
- Dave Henderson's Hotel So in receivership: Locksmiths have moved in on a central Christchurch hotel at the centre of a high profile dispute
- Why Can't Johnny Develop Secure Software?: Enterprises, vendors struggle to find the best methods for developing secure software
- Walk on the wild side at Allentown Freak Out festival: document.write (" "); Last fall when performance art enthusiasts Matt Lewis and Sarah Fulton were talking with friends, they decided what downtown Allentown really needed was a funky fringe festival.
- Lyon County to consider fee resolution adoption for 2010: The Lyon County Commissioners will consider approval of an annual fee resolution at its meeting Thursday.
- Fear factor drives latest skills shortage: STONEMASONS, locksmiths, and midwives are among occupations awash with vacancies no one wants to fill.
- Setting up house in Haiti: Navigating the challenges of domestic life in Jacmel - cupboard locks, cockroaches and plenty of cleaning
- Angie's List: Finding the right locksmith: It happens to just about everyone, at some point, you'll lose your keys or lock them in your car, and you'll need to call a locksmith.
- Sacto 9-1-1: Vandals do $15,000 damage at Woodland high school: Students and teachers were locked out of about 50 classrooms at Pioneer High School in Woodland after vandals used super glue and toothpicks to jam door locks during the three-day weekend, causing damage estimated at $15,000, an official said.
- Protecting Your Home, Part 2, or, What Readers Think: Pessimists, technologists and pragmatists sound off about security alarm systems. Choose your category.
- Top Rated N.Y. Locksmith Offers Helpful Tips for Avoiding Common Scams: There is a lot of uncertainty and hidden prices when dealing with a common locksmith. The Lockbusters, Yelps top-rated N.Y. locksmith, offers helpful insider tips for avoiding typical industry scams. (PRWeb May 7, 2010) Read the full story at http://www.prweb.com/releases/new_york_city/top-rated_locksmith/prweb3975244.htm
- Top Rated N.Y. Locksmith Offers Helpful Tips for Avoiding Common Scams: There is a lot of uncertainty and hidden prices when dealing with a common locksmith. The Lockbusters, Yelps top-rated N.Y. locksmith, offers helpful insider tips for avoiding typical industry scams.
- Top Scoops: A Word From Afar is a regular column that analyses political/strategic/international interest.
- Police: Locksmiths a target of scam artists: Bay Area locksmiths have been victimized by scam artists who cleverly use the Internet to change the online phone numbers or addresses of legitimate businesses, for instance, to defraud prospective customers.
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| Premium Report | Standard Report | |
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| Current State of the Industry | ![]() |
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| Market Size (historical trends) | ![]() |
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| Market Forecast (5-year projection) | ![]() |
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| Products/Services Breakdown | ![]() |
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| Financial Metrics | ![]() |
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| Salary & Compensation Statistics | ![]() |
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| Key Companies | ![]() |
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| Public Company News | ![]() |
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| Government Vendors | ![]() |
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