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 isexpected 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.
Middle East and Africa Cam Locks Market - 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.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 170.55 Million |
| Market Size by 2028 | US$ 233.6 Million |
| CAGR (2021 - 2028) | 4.6% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
Middle East and Africa
|
| Market leaders and key company profiles |
|
1. Assa Abloy Group
2.Dirak, Inc.
3.Industrilas AB
4.Camlock Systems Ltd.
The Middle East and Africa Cam Locks Market is valued at US$ 170.55 Million in 2021, it is projected to reach US$ 233.6 Million by 2028.
As per our report Middle East and Africa Cam Locks Market, the market size is valued at US$ 170.55 Million in 2021, projecting it to reach US$ 233.6 Million by 2028. This translates to a CAGR of approximately 4.6% during the forecast period.
The Middle East and Africa 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 Middle East and Africa Cam Locks Market report:
The Middle East and Africa Cam Locks Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East and Africa Cam Locks Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East and Africa Cam Locks Market value chain can benefit from the information contained in a comprehensive market report.
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