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South and Central America Cam Locks Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type, Application, and Handle Type

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    Report

  • 98 Pages
  • July 2022
  • The Insight Partners
  • ID: 5647511
UP TO OFF until Mar 31st 2024
The South and Central America cam locks market is expected to reach US$ 174.70 million by 2028 from US$ 132.76 million in 2021. The market is estimated to grow at a CAGR of 4.0% from 2021 to 2028.

The increasing usage of cam locks in growing residential and commercial spaces is one of the primary drivers of market growth. Especially in commercial construction, due to the rise in urbanization, several commercial spaces are growing across the region. Adoption of cam locks from end-users such as office spaces, hotels, restaurants, public administrative buildings, shopping malls, and recreational facilities is rising. Cam lock is one of the most basic and often used locks in manufacturing cabinets and other furniture. It is vital in seating arrangements and document storage in commercial areas. In the residential construction sector, with the rise in compact households, multi-functional furniture has become popular, allowing for large storage. There has been an increase in extra home spaces for offices, which resulted in a demand for office furniture. The booming real estate industry is propelling the furniture market across the region. There are three basic types of furniture cam locks: - A flat key cam lock is opened by lining up the discs with a standard key in the style of a house key to allow rotation. It is the cheapest furniture cam lock, with a medium level of security. - A cam lock with a disc tubular disc is unlocked by a key that has a tubular-round shape and pushes into the cam lock rather than a flat aperture. This furniture cam lock is cost-effective and provides more security than the flat key cam lock. - A slam lock is a furniture cam lock that locks automatically when closed or slammed shut. The lock is suitable for secured enclosures and furniture carrying documents that require high protection, such as medical documents and confidential workplace and housing files. The growing construction industry thus acts as an impetus to the cam locks market growth.

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. South and Central America cam lock market growth is expected to grow at a good CAGR during the forecast period

South and Central America Cam Locks Market Segmentation

The South and Central America cam locks market is segmented into type, application, and handle type. Based on type, the South and Central America cam locks market is segmented into regular and electronic. Based on application, the South and Central America 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 South and Central America cam locks market is segmented into T-handle, swing handle, l-handle, and bail handle. Based on Geography, the South and Central America cam locks market is segmented into Brazil, Argentina, and the Rest of SAM.

Companies Mentioned

Assa Abloy Group; Southco, Inc; Industrilas AB; and Camlock Systems Ltd are among the leading companies in the South and Central America cam locks market.
Frequently Asked Questions about the South and Central American Cam Locks Market

What is the estimated value of the South and Central American Cam Locks Market?

The South and Central American Cam Locks Market was estimated to be valued at $132.76 Million in 2022.

What is the growth rate of the South and Central American Cam Locks Market?

The growth rate of the South and Central American Cam Locks Market is 4.0%, with an estimated value of $174.7 Million by 2028.

What is the forecasted size of the South and Central American Cam Locks Market?

The South and Central American Cam Locks Market is estimated to be worth $174.7 Million by 2028.

Who are the key companies in the South and Central American Cam Locks Market?

Key companies in the South and Central American Cam Locks Market include Assa Abloy Group, Southco, Inc., Industrilas AB and Camlock Systems Ltd..

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South and Central America Cam Locks Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 SAM
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. South and Central America Cam Locks Market - Key Industry Dynamics
5.1 Market Drivers
5.1.1 Increasing Use of Cam Locks in Construction Industry
5.1.2 Rising Construction of Commercial Complexes
5.2 Market Restraints
5.2.1 Increasing Deployment of Smart Locks
5.3 Market Opportunities
5.3.1 Surging Number of Applications of Cam Locks
5.4 Future Trends
5.4.1 Wheel-Based Cam Lock Fittings
6. South and Central America Cam Locks Market -Country Market Analysis
6.1 South and Central America Cam Locks Market Forecast and Analysis
7. South and Central America Cam Locks Market Analysis - By Type
7.1 Overview
7.2 South and Central America Cam Locks Market, By Type (2020 and 2028)
7.3 Regular
7.3.1 Overview
7.3.2 Regular: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Electronic
7.4.1 Overview
7.4.2 Electronic: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
8. South and Central America Cam Locks Market Analysis - By Application
8.1 Overview
8.2 South and Central America Cam Locks Market, By Application (2020 and 2028)
8.3 Metal Furniture
8.3.1 Overview
8.3.2 Metal Furniture: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Wooden Furniture
8.4.1 Overview
8.4.2 Wooden Furniture: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Mail Boxes
8.5.1 Overview
8.5.2 Mail Boxes: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
8.6 Automotive Accessories
8.6.1 Overview
8.6.2 Automotive Accessories: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
8.7 Lockers
8.7.1 Overview
8.7.2 Lockers: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
8.8 Windows and Doors
8.8.1 Overview
8.8.2 Windows and Doors: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
8.9 Others
8.9.1 Overview
8.9.2 Others: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
9. South and Central America Cam Locks Market Analysis - By Handle Type
9.1 Overview
9.2 South and Central America Cam Locks Market, By Handle Type (2020 and 2028)
9.3 T-Handle
9.3.1 Overview
9.3.2 T-Handle: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Swing Handle
9.4.1 Overview
9.4.2 Swing Handle: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
9.5 L-Handle
9.5.1 Overview
9.5.2 L-Handle: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
9.6 Bail Handle
9.6.1 Overview
9.6.2 Bail Handle: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
10. South and Central America Cam Locks Market - Country Analysis
10.1 SAM: South and Central America Cam Locks Market
10.1.1 SAM: South and Central America Cam Locks Market, by Key Country
10.1.1.1 Brazil: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Brazil: South and Central America Cam Locks Market, By Type
10.1.1.1.2 Brazil: South and Central America Cam Locks Market, by Application
10.1.1.1.3 Brazil: South and Central America Cam Locks Market, by Handle Type
10.1.1.2 Argentina: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Argentina: South and Central America Cam Locks Market, By Type
10.1.1.2.2 Argentina: South and Central America Cam Locks Market, by Application
10.1.1.2.3 Argentina: South and Central America Cam Locks Market, by Handle Type
10.1.1.3 Rest of SAM: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Rest of SAM: South and Central America Cam Locks Market, By Type
10.1.1.3.2 Rest of SAM: South and Central America Cam Locks Market, by Application
10.1.1.3.3 Rest of SAM: South and Central America Cam Locks Market, by Handle Type
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 Assa Abloy Group
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Southco, Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Industrilas AB
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Camlock Systems Ltd.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
13. Appendix
13.1 About the Publisher
13.2 Word Index
List of Figures
Figure 1. South and Central America Cam Locks Market Segmentation
Figure 2. South and Central America Cam Locks Market Overview
Figure 3. Electronic Segment held the Largest Share of South and Central America Cam Locks Market
Figure 5. Argentina to Show Great Traction During Forecast Period
Figure 6. South and Central America- PEST Analysis
Figure 7. South and Central America Cam Locks Market- Ecosystem Analysis
Figure 8. South and Central America Cam Locks Market: Impact Analysis of Drivers and Restraints
Figure 9. South and Central America Cam Locks Market Forecast and Analysis (US$ Million)
Figure 10. SAM: South and Central America Cam Locks Market Revenue Share, By Type (2020 and 2028)
Figure 11. Regular: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Figure 12. Electronic: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Figure 13. SAM: South and Central America Cam Locks Market Revenue Share, by Application (2020 and 2028)
Figure 14. Metal Furniture: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Figure 15. Wooden Furniture: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Figure 16. Mail Boxes: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Figure 17. Automotive Accessories: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Figure 18. Lockers: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Figure 19. Windows and Doors: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. Others: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Figure 21. SAM: South and Central America Cam Locks Market Revenue Share, by Handle Type (2020 and 2028)
Figure 22. T-Handle: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. Swing Handle: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. L-Handle: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. Bail Handle: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Figure 26. SAM: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Figure 27. SAM: South and Central America Cam Locks Market Revenue Share, by Key Country (2020 and 2028)
Figure 28. Brazil: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. Argentina: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Figure 30. Rest of SAM: South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
List of Tables
Table 1. South and Central America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Table 2. SAM: South and Central America Cam Locks Market, By Type- Revenue and Forecast to 2028 (US$ Million)
Table 3. SAM: South and Central America Cam Locks Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 4. SAM: South and Central America Cam Locks Market, by Handle Type- Revenue and Forecast to 2028 (US$ Million)
Table 5. Brazil: South and Central America Cam Locks Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 6. Brazil: South and Central America Cam Locks Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 7. Brazil: South and Central America Cam Locks Market, by Handle Type - Revenue and Forecast to 2028 (US$ Million)
Table 8. Argentina: South and Central America Cam Locks Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 9. Argentina: South and Central America Cam Locks Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 10. Argentina: South and Central America Cam Locks Market, by Handle Type - Revenue and Forecast to 2028 (US$ Million)
Table 11. Rest of SAM: South and Central America Cam Locks Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of SAM: South and Central America Cam Locks Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of SAM: South and Central America Cam Locks Market, by Handle Type - Revenue and Forecast to 2028 (US$ Million)
Table 14. List of Abbreviation

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Assa Abloy Group
  • Southco, Inc.
  • Industrilas AB
  • Camlock Systems Ltd.