The Middle East and Africa cam locks market is expected to reach US$ 233.6 million by 2028 from US$ 170.55 million in 2021; it is estimated to grow at a CAGR of 4.6% from 2021 to 2028.
Cam locks have undergone several evolutions over the past few years. Manufacturers always try to present different product configurations in the market to serve the varied demands. One such type is the wheel-based cam lock or combination cam lock. The majority of cam lock fittings in such locks are the same, except that the locking mechanism is activated by spinning wheels rather than keys, and the lock is also opened by the same way of employing number combinations. Various manufacturers, such as FJM Security Products and Godrej, offer combi-cam locks. The locks offer several benefits, such as the convenient combination setting, availability of various sizes, robust resistance to adverse weather conditions, convenience for keyless lock operations, and security to slimmer and quite thick doors. The locks have an added feature, which makes them inaccessible to strangers. The innovation in cam lock technology is driving the growth of the cam locks market.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the cam locks market growth. The Middle East and Africa cam locks market growth is expected to grow at a good CAGR during the forecast period.
Cam locks have undergone several evolutions over the past few years. Manufacturers always try to present different product configurations in the market to serve the varied demands. One such type is the wheel-based cam lock or combination cam lock. The majority of cam lock fittings in such locks are the same, except that the locking mechanism is activated by spinning wheels rather than keys, and the lock is also opened by the same way of employing number combinations. Various manufacturers, such as FJM Security Products and Godrej, offer combi-cam locks. The locks offer several benefits, such as the convenient combination setting, availability of various sizes, robust resistance to adverse weather conditions, convenience for keyless lock operations, and security to slimmer and quite thick doors. The locks have an added feature, which makes them inaccessible to strangers. The innovation in cam lock technology is driving the growth of the cam locks market.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the cam locks market growth. The Middle East and Africa cam locks market growth is expected to grow at a good CAGR during the forecast period.
Middle East and Africa Cam Locks Market Segmentation
The Middle East and Africa cam locks market is segmented into type, application, and handle type. Based on type, the Middle East and Africa cam locks market is segmented into regular and electronic. Based on application, the Middle East and Africa 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 Middle East and Africa cam locks market is segmented into T-handle, swing handle, l-handle, and bail handle. Based on geography, the Middle East and Africa cam locks market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of the MEA.Companies Mentioned
Assa Abloy Group;l Dirak, Inc.; Industrilas AB; and Camlock Systems Ltd are among the leading companies in the Middle East and Africa cam locks market.Table of Contents
1. Introduction
3. Research Methodology
4. Middle East and Africa Cam Locks Market Landscape
5. Middle East and Africa Cam Locks Market - Key Industry Dynamics
6. Middle East and Africa Cam Locks Market -Country Market Analysis
7. Middle East and Africa Cam Locks Market Analysis - By Type
8. Middle East and Africa Cam Locks Market Analysis - By Application
9. Middle East and Africa Cam Locks Market Analysis - By Handle Type
10. Middle East and Africa Cam Locks Market - Country Analysis
11. Industry Landscape
12. Company Profiles
13. Appendix
List of Figures
List of Tables
Companies Mentioned
- Assa Abloy Group
- Dirak, Inc.
- Industrilas AB
- Camlock Systems Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 100 |
Published | July 2022 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 170.55 Million |
Forecasted Market Value ( USD | $ 233.6 Million |
Compound Annual Growth Rate | 4.6% |
Regions Covered | Africa, Middle East |
No. of Companies Mentioned | 4 |