The real estate industries in developed and developing countries experienced rapid growth over the years with the rise in investments by private and public entities to develop advanced infrastructures, such as hospitals, shopping complexes, and other commercial buildings. A few major ongoing or future commercial construction projects across the region are mentioned below. Proposal for the reconstruction of Hamamatsucho Shibaura in Tokyo, Japan, entails the development of a 550,000 m2 mixed-use complex across the land areas of 4 ha, with two 232.55 m tall structures. Construction began in the Q3 of 2021 and is projected to be completed by the Q4 of 2030. Cam locks play a crucial role across commercial complexes. With such projects, there is a sharp rise in the manufacturing of cam locks tailored to specific regional demands. It directly impacts 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. Asia Pacific cam locks market growth is expected to grow at a good CAGR during the forecast period.
Asia Pacific Cam Locks Market Segmentation
The Asia Pacific cam locks market is segmented into type, application, and handle type. Based on type, the Asia Pacific cam locks market is segmented into regular and electronic. Based on application, the Asia Pacific 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 Asia Pacific cam locks market is segmented into T-handle, swing handle, l-handle, and bail handle. Based on Country, the Asia Pacific cam locks market is segmented into Australia, China, Japan, India, South Korea, and the rest of APAC.
Asia Pacific Cam Locks Market - Companies Mentioned
Assa Abloy Group; Southco, Inc.; Dirak, Inc.; Emka, Inc; Industrilas AB; Camlock Systems Ltd.; JK Lock Co., Ltd.; and SINOX COMPANY LTD are among the leading companies in the Asia Pacific cam locks market.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 834.36 Million |
| Market Size by 2028 | US$ 1,229.86 Million |
| CAGR (2021 - 2028) | 5.7% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
Asia-Pacific
|
| Market leaders and key company profiles |
|
The Asia Pacific Cam Locks Market is valued at US$ 834.36 Million in 2021, it is projected to reach US$ 1,229.86 Million by 2028.
As per our report Asia Pacific Cam Locks Market, the market size is valued at US$ 834.36 Million in 2021, projecting it to reach US$ 1,229.86 Million by 2028. This translates to a CAGR of approximately 5.7% during the forecast period.
The Asia Pacific Cam Locks Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Cam Locks Market report:
The Asia Pacific Cam Locks Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Cam Locks Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Cam Locks Market value chain can benefit from the information contained in a comprehensive market report.
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