Cam Locks Market Scope And Analysis

Report Code : TIPRE00028935
Category : Manufacturing and Construction

Status : Published
No. of Pages : 159

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Cam Locks Market Analysis and Scope (2022 to 2028)

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Cam Locks Market Report Scope

Report Attribute	Details
Market size in 2021	US$ 2.32 Billion
Market Size by 2028	US$ 3.39 Billion
Global CAGR (2021 - 2028)	5.6%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Type Regular and Electronic By Application Metal Furniture Wooden Furniture Mail Boxes Automotive Accessories Lockers Windows and Doors By Handle Type T-Handle Swing Handle L-Handle Bail Handle
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Assa Abloy Group Southco Inc Dirak Inc Emka Inc Industrilas Camlock Systems Ltd JK Lock Co Ltd Eberhard Manufacturing Illinois Lock Company SINOX COMPANY LTD

The players operating in the cam locks market adopt strategies, such as mergers, acquisitions, and market initiatives, to maintain their positions in the market. A few developments by key cam locks market players are listed below:

In 2022, Abloy formed National distributor partnership with Anixter Inc. for expanding their locking hardware solutions in the US markets. As per the agreement, both the companies will create awareness toward key systems ABLOY PROTEC2 and PROTEC2 CLIQ.

In 2021, Southco recently started their expanded manufacturing facility at Ranjangaon, Pune. The site has been expanded by 20,000 square feet. This expansion would lead to enhanced manufacturing space and better job opportunities for the Indian market.

The global cam locks market is segmented on the basis of type, application, and handle type. Based on type, the market is segmented into regular and electronic. In terms of application, the cam locks market is segmented into metal furniture, wooden furniture, mail boxes, automotive accessories, lockers, windows and doors, and others. Based on handle type, the market is segmented into T-handle, swing handle, L-handle, and bail handle.

Assa Abloy Group; Southco, Inc.; Dirak, Inc.; Emka, Inc.; Industrilas; Camlock Systems Ltd.; and JK Lock Co., Ltd. are among the key cam locks market players considered for the research study. In addition, several other significant market players have been studied and analyzed in this research report to get a holistic view of the global cam locks market and its ecosystem.