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Middle East and Africa Cam Locks Market Forecast to 2028 - COVID-19 Impact and Regional 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)

Report Code :  BMIRE00025433
No. of Pages :  100
Published Month :  Jul 2022
Category :  Manufacturing and Construction
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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 isexpected to grow at a good CAGR during the forecast period.

 

Middle East and Africa Cam Locks Market  Revenue and Forecast to 2028 (US$ Million)

 

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.

1. Assa Abloy Group                            
2.Dirak, Inc.
3.Industrilas AB
4.Camlock Systems Ltd.

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East and Africa Cam Locks Market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in Middle East and Africa Cam Locks Market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth Middle East and Africa market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.