New York, May 20, 2022 (GLOBE NEWSWIRE) -- The Insight Partners published latest research study on “Cam Locks Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type (Regular and Electronic), Application (Metal Furniture, Wooden Furniture, Mail Boxes, Automotive Accessories, Lockers, Windows and Doors, and Others), and Handle Type (T-Handle, Swing Handle, L-Handle, and Bail Handle)”, the global cam locks market growth is driven by the increasing usage of cam locks in growing residential and commercial spaces, especially in the commercial construction, due to rise in urbanization, several commercial spaces are growing across the world, adoption of cam locks from end-users such as office spaces, hotels, restaurants, public administrative buildings, shopping malls and recreational facilities is rising. Asia Pacific dominated the market in 2020 with a share of 35.6% and is expected to continue its dominance by 2028; Europe is the second-largest contributor to the global market in 2020, followed by North America.
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|Market Size Value in||US$ 2.31 Billion in 2021|
|Market Size Value by||US$ 3.39 Billion by 2028|
|Growth rate||CAGR of 5.6% from 2021 to 2028.|
|Forecast Period||2021- 2028|
|No. of Pages||159|
|No. of Charts Figures||85|
|Historical data available||Yes|
|Segments covered||Type, Application, and Handle Type|
|Regional scope||North America; Europe; Asia Pacific; Latin America; MEA|
|Country scope||US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina|
|Report coverage||Revenue forecast, company ranking, competitive landscape, growth factors, and trends|
Cam Locks Market: Competitive Landscape and Key Developments
Assa Abloy Group; Southco, Inc.; Dirak, Inc.; Emka, Inc.; Industrilas AB; Camlock Systems Ltd.; JK Lock Co., Ltd.; Eberhard Manufacturing; SINOX COMPANY LTD.; and Lowe Fletcher Ltd. are among the key players profiled in the cam locks market report. In addition to these players, several other key market players were studied and analyzed during this market research study to get a holistic view of the market and its ecosystem. The cam locks market report provides detailed market insights, which helps the key players strategize the growth in coming years.
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