Register My Locksmiths Business For Free
The locksmithing industry in the US is a highly competitive market. According to the Bureau of Labor Statistics, there are over 140,000 locksmiths employed in the country. However, this does not necessarily translate to a saturated marketplace. A recent study by IBISWorld found that the number of locksmith establishments has been declining steadily over the past decade, from 200,510 in 2010 to 164,930 in 2020. This decline can be attributed to the rise of smart locks and home automation technology. Despite this, there is still a growing demand for professional locksmith services, particularly in urban areas where security concerns are on the rise.
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