GITNUX MARKETDATA REPORT 2024

Padlock Security Rating Statistics

Padlock security ratings can vary widely, with some models achieving high ratings for both physical and electronic security features while others may fall short in one or more areas.

In this post, we delve into the world of padlock security ratings, exploring the varying levels of protection offered by different ratings. From the time it takes for a thief to break a padlock to the materials used in high-security options, we uncover key statistics that shed light on the importance of understanding these ratings when choosing a padlock for your security needs.

Statistic 1

"There are 10 kinds of padlock security ratings- from 1 to 10, being 1 the lower security and 10 the highest."

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Statistic 2

"On average, a padlock with a security rating of five may take a minimum of 15 minutes to break by an amateur thief."

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Statistic 3

"It takes a skilled thief less than a minute to break a padlock with a security rating of one."

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Statistic 4

"A padlock with a security rating of 10 may require power tools or extreme force to break."

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Statistic 5

"Consumption of padlocks with a security rating of 8 and above rose by 8% in 2019."

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Statistic 6

"In 2018, the market share of padlock brands with average security ratings of seven and above was approximately 70%."

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Statistic 7

"Yuema padlocks received an average security rating of 8.3 from professional reviewers in 2020."

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Statistic 8

"Padlocks with the security rating of ten are often made of hardened steel or boron alloy, making them extremely strong against attacks."

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Statistic 9

"According to market research, only about 20% of customers understand padlock security ratings."

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Statistic 10

"Master Lock padlocks received an average security rating of 7.2 from professional reviewers in 2021."

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Statistic 11

"The average cost of a padlock with a security rating of 10 is about $50."

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Statistic 12

"An estimated 25% of consumers believe a higher padlock security rating necessarily means greater overall security."

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Statistic 13

"Over 80% of professional locksmiths recommend a minimum padlock security rating of 7 for business use."

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Overall, padlock security ratings play a crucial role in determining the level of protection they offer against potential thieves. Consumers should consider factors such as average break-in times, material composition, and professional reviews when choosing a padlock. It is evident that there is room for improvement in consumer awareness of padlock security ratings, as only a minority currently understand their significance. Professional locksmiths’ recommendations and the rise in consumption of higher-rated padlocks suggest a growing awareness of the importance of security in padlock selection.

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