Cam Locks Market Worth $3.39 Billion, Globally, by 2028 at 5.6% CAGR – Exclusive Report by The Insight Partners

New York, (GLOBE NEWSWIRE) — The Insight Partners published latest research study on “Cam Locks Market Forecast to 2028 – COVID-19 Impact and Global 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)”, the global cam locks market growth is driven by the increasing usage of cam locks in growing residential and commercial spaces, especially in the commercial construction, due to rise in urbanization, several commercial spaces are growing across the world, adoption of cam locks from end-users such as office spaces, hotels, restaurants, public administrative buildings, shopping malls and recreational facilities is rising. Asia Pacific dominated the market in 2020 with a share of 35.6% and is expected to continue its dominance by 2028; Europe is the second-largest contributor to the global market in 2020, followed by North America.