Cam Locks Market Report 2026

The cam locks market size has grown strongly in recent years. It will grow from $2.62 billion in 2025 to $2.78 billion in 2026 at a compound annual growth rate (CAGR) of 6%. The growth in the historic period can be attributed to growth in metal and wooden furniture production, rising use of lockers in workplaces and institutions, increasing demand for mailbox security, expansion of commercial storage solutions, growth in automotive accessory installations.

The cam locks market size is expected to see strong growth in the next few years. It will grow to $3.44 billion in 2030 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to rising adoption of smart and electronic locks, increasing infrastructure development projects, growing focus on asset security, expansion of modular furniture systems, increasing demand for long-lasting locking solutions. Major trends in the forecast period include growing demand for secure furniture and storage solutions, increasing adoption of electronic and smart cam locks, rising use of cam locks in automotive and mobility accessories, expansion of modular and customizable locking systems, growing focus on durable and corrosion-resistant lock materials.

The growth of the construction industry is expected to drive the expansion of the cam lock market going forward. Construction refers to the process of building, assembling, or creating infrastructure, buildings, or other structures. The construction industry is expanding due to urbanization, infrastructure development, population growth, economic progress, and technological advancements, which are increasing the demand for buildings and infrastructure. This expansion drives the cam lock market by boosting the need for security solutions in construction projects. Cam locks serve as essential components across various construction environments, supporting innovation and market growth. For example, according to a report released by the United States Census Bureau, a US-based government agency, construction spending increased from $1.76 trillion in March 2022 to $1.83 trillion in March 2023, marking a 3.8% rise. Therefore, the growth of the construction industry is fueling the cam lock market.

Leading companies in the cam lock market are embracing advanced technologies to introduce innovative cam locks such as biometric authentication cam locks, aimed at enhancing security and meeting the escalating demand for sophisticated locking solutions. Biometric authentication in cam locks utilizes unique biological characteristics such as fingerprints or eye scans for identity verification before granting access authorization. For example, in December 2023, Godrej Security Solutions, an India-based security solutions manufacturer and marketer, launched the NX Pro Plus, NX Advanced, and Verge Series home lockers, featuring digital and biometric access options. These lockers, with the capacity to store up to 30 fingerprints, boast a stylish modular design and are easily adaptable to residential settings. They offer dual-mode access, voice guidance, and a built-in alarm, blending advanced technology with classic design to ensure enhanced security and convenience. This technology aims to enhance convenience while safeguarding valuables.

In November 2023, ASSA ABLOY, a Sweden-based leader in access solutions, acquired Securitech Group Inc. for an undisclosed sum. This strategic move bolsters ASSA ABLOY's position in mature markets by integrating complementary products and solutions into its core business. Securitech Group Inc., a US-based manufacturer of high-security mechanical and electronic door hardware products, adds value to ASSA ABLOY's offerings through this acquisition.

Major companies operating in the cam locks market are Assa Abloy AB, Allegion, Rittal, Southco Inc., Richelieu Hardware, Häfele America Co., Master Lock, Emka Inc., The Eastern company, Keyline USA, Sugatsune Kogyo, CompX Security Products, Olympus Lock Inc., Dira Inc., Capitol Industries Inc., Lowe & Fletcher Ltd, Camlock Systems Ltd., Sinox company Ltd, Zephyr Lock, VanLock, Ningbo Wangtong Locks Co. Ltd., Industrilas, JK Lock Co. Ltd, American Lock Company.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have influenced the cam lock market by increasing costs for imported metals, electronic components, and precision manufacturing parts used in advanced locking mechanisms. These impacts are most visible in electronic cam locks and automotive accessory segments, particularly across Asia-Pacific and North America where large-scale manufacturing and consumption occur. Higher costs have pressured pricing and slowed adoption in cost-sensitive applications. However, tariffs have encouraged local sourcing, domestic manufacturing, and material innovation, supporting long-term supply chain resilience and regional production growth.

The cam locks market research report is one of a series of new reports that provides cam locks market statistics, including cam locks industry global market size, regional shares, competitors with a cam locks market share, detailed cam locks market segments, market trends and opportunities, and any further data you may need to thrive in the cam locks industry. This cam locks market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A cam lock is a type of locking mechanism widely utilized to secure doors, drawers, cabinets, and panels. It comprises a cylindrical base housing a cam, a rotating metal piece serving as the locking component. The primary function of a cam lock is to offer a straightforward, secure, and dependable means of locking and unlocking various items, safeguarding their contents from unauthorized access.

The main types of cam locks include electronic cam locks, magnetic cam locks, padlockable cam locks, and others. Electronic cam locks utilize electronic mechanisms, such as keypads or RFID technology, to secure cabinets or enclosures, often providing keyless entry and accommodating multiple user codes for enhanced security. These locks are mounted in various ways, including surface mount, through hole, and others, and are manufactured from materials such as stainless steel, brass, aluminum, among others. They find application in diverse settings such as metal and wooden furniture, mailboxes, automotive accessories, lockers, windows, doors, and more.North America was the largest region in the cam locks market in 2025. The regions covered in the cam locks market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the cam locks market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The cam locks market consists of sales of entire cam lock assemblies, including the lock cylinder, cam, and associated keys or access methods commonly utilized to secure doors, cabinets, mailboxes, and diverse enclosures. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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