ASSA ABLOY is a global supplier of total lock and door solutions. The company operates in the security market. The company’s growth drivers are innovation (investment in R&D), the new electronic world (electro mechanics), emerging market expansion and acquisitions. Acquisitions are an important element in the company’s development. The general security market growth is expected to be in line with GDP. ASSA ABLOY operates in a globally fragmented lock market, but locally the markets are fairly consolidated. ASSA ABLOY has improved production efficiency by moving production from high-cost countries to low-cost countries.