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

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    Report

  • 107 Pages
  • July 2022
  • Region: North America
  • The Insight Partners
  • ID: 5647518
UP TO OFF until Mar 31st 2024
The North America cam locks market is expected to reach US$ 793.38 million by 2028 from US$ 560.12 million in 2021. The market is estimated to grow at a CAGR of 5.1% 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. Several commercial spaces are growing across the region, especially in commercial construction, due to the rise in urbanization. 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 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 growth 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 automatically gets locked 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 is 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. North America cam locks market growth is expected to grow at a good CAGR during the forecast period.

North America Cam Locks Market Segmentation

The North America cam locks market is segmented into type, application, and handle type. Based on type, the North America cam locks market is segmented into regular and electronic. Based on application, the North 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 North America cam locks market is segmented into T-handle, swing handle, l-handle, and bail handle. Based on Geography, the North America cam locks market is segmented into the US, Mexico, and Canada.

Companies Mentioned

Assa Abloy Group; Southco, Inc.; Dirak, Inc.; Emka, Inc.; Industrilas AB; Camlock Systems Ltd.; and Eberhard Manufacturing (Illinois Lock Company) are among the leading companies in the North America cam locks market.
Frequently Asked Questions about the North American Cam Locks Market

What is the estimated value of the North American Cam Locks Market?

The North American Cam Locks Market was estimated to be valued at $560.12 Million in 2022.

What is the growth rate of the North American Cam Locks Market?

The growth rate of the North American Cam Locks Market is 5.1%, with an estimated value of $793.38 Million by 2028.

What is the forecasted size of the North American Cam Locks Market?

The North American Cam Locks Market is estimated to be worth $793.38 Million by 2028.

Who are the key companies in the North American Cam Locks Market?

Key companies in the North American Cam Locks Market include Assa Abloy Group, Southco, Inc., Dirak, Inc., Emka, Inc., Industrilas AB, Camlock Systems Ltd. and Eberhard Manufacturing (Illinois Lock Company).

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. North America Cam Locks Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.3 Ecosystem Analysis
4.4 Expert Opinions

5. North 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. North America Cam Locks Market -Country Market Analysis
6.1 North America Cam Locks Market Forecast and Analysis

7. North America Cam Locks Market Analysis - By Type
7.1 Overview
7.2 North America Cam Locks Market, By Type (2020 and 2028)
7.3 Regular
7.3.1 Overview
7.3.2 Regular: North America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Electronic
7.4.1 Overview
7.4.2 Electronic: North America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)

8. North America Cam Locks Market Analysis - By Application
8.1 Overview
8.2 North America Cam Locks Market, By Application (2020 and 2028)
8.3 Metal Furniture
8.3.1 Overview
8.3.2 Metal Furniture: North America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Wooden Furniture
8.4.1 Overview
8.4.2 Wooden Furniture: North America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Mail Boxes
8.5.1 Overview
8.5.2 Mail Boxes: North America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
8.6 Automotive Accessories
8.6.1 Overview
8.6.2 Automotive Accessories: North America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
8.7 Lockers
8.7.1 Overview
8.7.2 Lockers: North 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: North America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
8.9 Others
8.9.1 Overview
8.9.2 Others: North America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)

9. North America Cam Locks Market Analysis - By Handle Type
9.1 Overview
9.2 North America Cam Locks Market, By Handle Type (2020 and 2028)
9.3 T-Handle
9.3.1 Overview
9.3.2 T-Handle: North America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Swing Handle
9.4.1 Overview
9.4.2 Swing Handle: North America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
9.5 L-Handle
9.5.1 Overview
9.5.2 L-Handle: North America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
9.6 Bail Handle
9.6.1 Overview
9.6.2 Bail Handle: North America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)

10. North America Cam Locks Market - Country Analysis
10.1 North America: North America Cam Locks Market
10.1.1 North America: North America Cam Locks Market, by Key Country
10.1.1.1 US: North America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 US: North America Cam Locks Market, By Type
10.1.1.1.2 US: North America Cam Locks Market, by Application
10.1.1.1.3 US: North America Cam Locks Market, by Handle Type
10.1.1.2 Canada: North America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Canada: North America Cam Locks Market, By Type
10.1.1.2.2 Canada: North America Cam Locks Market, by Application
10.1.1.2.3 Canada: North America Cam Locks Market, by Handle Type
10.1.1.3 Mexico: North America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Mexico: North America Cam Locks Market, By Type
10.1.1.3.2 Mexico: North America Cam Locks Market, by Application
10.1.1.3.3 Mexico: North 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 Dirak, Inc.
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 Emka, Inc.
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
12.5 Industrilas AB
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Camlock Systems Ltd.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Eberhard Manufacturing (Illinois Lock Company)
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments

13. Appendix
13.1 About the Publisher
13.2 Word Index

List of Figures
Figure 1. North America Cam Locks Market Segmentation
Figure 2. North America Cam Locks Market Overview
Figure 3. Electronic Segment held the Largest Share of North America Cam Locks Market
Figure 4. Mexico to Show Great Traction During Forecast Period
Figure 5. North America - PEST Analysis
Figure 6. North America Cam Locks Market- Ecosystem Analysis
Figure 7. North America Cam Locks Market: Impact Analysis of Drivers and Restraints
Figure 8. North America Cam Locks Market Forecast and Analysis (US$ Million)
Figure 9. North America: North America Cam Locks Market Revenue Share, By Type (2020 and 2028)
Figure 10. Regular: North America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Figure 11. Electronic: North America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Figure 12. North America: North America Cam Locks Market Revenue Share, by Application (2020 and 2028)
Figure 13. Metal Furniture: North America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Figure 14. Wooden Furniture: North America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Figure 15. Mail Boxes: North America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Figure 16. Automotive Accessories: North America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Figure 17. Lockers: North America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Figure 18. Windows and Doors: North America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Figure 19. Others: North America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. North America: North America Cam Locks Market Revenue Share, by Handle Type (2020 and 2028)
Figure 21. T-Handle: North America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Figure 22. Swing Handle: North America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. L-Handle: North America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. Bail Handle: North America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. North America Cam Locks Market - Country Analysis
Figure 26. North America: North America Cam Locks Market Revenue Share, by Key Country (2020 and 2028)
Figure 27. US: North America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Figure 28. Canada: North America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. Mexico: North America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)List of Tables
Table 1. North America Cam Locks Market - Revenue and Forecast to 2028 (US$ Million)
Table 2. North America: North America Cam Locks Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 3. North America: North America Cam Locks Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 4. North America: North America Cam Locks Market, by Handle Type - Revenue and Forecast to 2028 (US$ Million)
Table 5. US: North America Cam Locks Market, By Type -Revenue and Forecast to 2028 (US$ Million)
Table 6. US: North America Cam Locks Market, by Application -Revenue and Forecast to 2028 (US$ Million)
Table 7. US: North America Cam Locks Market, by Handle Type -Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada: North America Cam Locks Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 9. Canada: North America Cam Locks Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 10. Canada: North America Cam Locks Market, by Handle Type - Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico: North America Cam Locks Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 12. Mexico: North America Cam Locks Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 13. Mexico: North 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.
  • Dirak, Inc.
  • Emka, Inc.
  • Industrilas AB
  • Camlock Systems Ltd.
  • Eberhard Manufacturing (Illinois Lock Company)