There are different types of industrial locks which act as a securing mechanism for cabinets, enclosures and lockers. A cam lock is a specific sort of locking mechanism which is used in security systems to safeguard any type of facility. Cam locks, which are primarily meant for internal rather than external use, are not high-security locks in terms of physical robustness, but they are more than suitable for most customer needs. Along the years, mechanical types of cam locks, also commonly referred as regular cam locks, have been predominantly used in OEM settings, because they were affordable, robust and lightweight. However, with technology developments, electronic cam locks or digital cam locks have paved their way into almost every industrial application.
ASSA ABLOY, LOWE AND FLETCHER GROUP, AND EMKA – PROMINENT MARKET PARTICIPANTS IN CAM LOCKS MARKET
Variants of electronic locks such as electromechanical cam locks are versatile, sturdy, and easy to use, and they can withstand up to a thousand pounds of force. Therefore, electromechanical cam locks are mostly used in government and corporate settings, such as lockers and cabinets. The Camlock series consists of flush and surface mounted deadbolts, cupboard locks, latches, various deadbolts, cupboard locks, and latches. The cam locks are offered as pre-configured locks and hub kits or as part of a larger integrated access control deployment. As a result, the locks provide a cost-effective and reliable access control solution for data protection and regulatory compliance.
Digitalization has provided numerous opportunities to cam lock manufacturers. New product variants are surging in the market. Apart from the digital aspect, new innovation in the cam lock space has been intentionally basic and easy. This is also advantageous for facility and property managers. Furthermore, the cam locks are cost-efficient and inexpensive, which would fuel the market growth during the forecast period.
Most of the market initiatives were observed in North American region, which have a high potential of market-related products, solutions, and services. Few of the important market initiatives from the industry are mentioned below:
| Year | News | Country |
| 2022 | Southco has launched new product to their C2 series of lever latches. This new product has exceptional customizable features and versatile locking systems that can be used to demonstrate compliance with industry regulations. | North America |
| 2022 | Emka has added new T-handle series expanding their product portfolio. It consists of robust locks for usage in large & heavy doors with up to 4mm thickness. This is now available in 2 different materials. The first one has both handle & dish made of zinc. Whereas the second one has dish of stainless steel made with combining zinc die or stainless steel T-handles. | North America |
