Electronic Cam Lock Market, Global Outlook and Forecast 2023-2029

Electronic cam locks are one of the most common and simple locks. There are two types of electronic cam locks, the first type does not require any external wiring, all power is supplied to the lock by the key. The other is an intelligent electronic cam lock (eg: password digital electronic cam lock) powered by a battery. Electronic cam locks are designed for interior and exterior use. It provides a complete electronic lock system that provides access control, accountability, physical security and system management. Most electronic cam locks are business tools that can provide a decent return on investment.
This report aims to provide a comprehensive presentation of the global market for Electronic Cam Lock, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electronic Cam Lock. This report contains market size and forecasts of Electronic Cam Lock in global, including the following market information:
Global Electronic Cam Lock Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Electronic Cam Lock Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Electronic Cam Lock companies in 2022 (%)
The global Electronic Cam Lock market was valued at US$ 285.7 million in 2022 and is projected to reach US$ 413.1 million by 2029, at a CAGR of 5.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of electronic cam lock include ASSA ABLOY, Lowe & Fletcher, EMKA, Kerong, etc. Global top five manufacturers hold a share over 60%. In terms of product, active (battery) electronic cam lock is the largest segment, with a share over 87%. And in terms of application, the largest application is commercial, with a share over 72%.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Electronic Cam Lock manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electronic Cam Lock Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electronic Cam Lock Market Segment Percentages, by Type, 2022 (%)
    Passive (Free Battery) Electronic Cam Lock
    Active (Battery) Electronic Cam Lock
Global Electronic Cam Lock Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electronic Cam Lock Market Segment Percentages, by Application, 2022 (%)
    Residentical
    Commercial
    Others
Global Electronic Cam Lock Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electronic Cam Lock Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electronic Cam Lock revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Electronic Cam Lock revenues share in global market, 2022 (%)
Key companies Electronic Cam Lock sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Electronic Cam Lock sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    ASSA ABLOY
    Lowe & Fletcher
    EMKA
    Kerong
    Southco
    Wangtong Locks
    Sinox
    Make locks
    Jin Tay Industries
    MWGC
    Mesan Lock
    Eberhard Manufacturing
    FATH
Outline of Major Chapters:
Chapter 1: Introduces the definition of Electronic Cam Lock, market overview.
Chapter 2: Global Electronic Cam Lock market size in revenue and volume.
Chapter 3: Detailed analysis of Electronic Cam Lock manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Electronic Cam Lock in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Electronic Cam Lock capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.