Electric Strikes Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.5 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The electric strikes market has seen significant growth in recent years due to an increasing need for secure, reliable, and convenient access control solutions in various sectors. Electric strikes are essential components in locking systems, providing remote access control and integration with electronic keycards, biometric systems, or keypads. The market is divided based on application types, including Commercial, Industrial, and Others. Each of these segments serves distinct needs and has its own trends, applications, and growth opportunities. By focusing on the electric strikes market by application, we can explore the varying demands and growth drivers for these security solutions.
Download Full PDF Sample Copy of Global Electric Strikes Report @ https://www.verifiedmarketreports.com/download-sample/?rid=616386&utm_source=Google_site&utm_medium=235
The Commercial segment of the electric strikes market represents one of the largest and fastest-growing subsegments. This includes offices, retail stores, healthcare facilities, educational institutions, and hospitality establishments. The commercial sector demands electric strikes that provide secure access control, often integrated with alarm systems, video surveillance, and other security protocols to ensure the protection of property and personnel. Furthermore, commercial establishments require electric strikes that offer durability, ease of installation, and minimal maintenance, which further drives market growth. Innovations such as contactless entry and mobile app-controlled systems are also gaining popularity, meeting the needs for convenience and modern security. As security concerns rise globally, this segment’s growth is likely to accelerate, making electric strikes a crucial part of the commercial infrastructure for safeguarding assets and improving access control management.
The Industrial segment is characterized by the increasing demand for high-security access control systems across factories, warehouses, manufacturing plants, and other industrial facilities. These facilities often handle valuable goods, intellectual property, and sensitive data, requiring robust security systems to prevent unauthorized access. Electric strikes in industrial applications are typically designed to withstand harsh environments, including extreme temperatures, dust, and heavy usage. The industrial sector tends to favor electric strikes that can be integrated into broader security systems, such as emergency alarms, biometric readers, or time attendance systems. Moreover, advancements in automation and IoT (Internet of Things) in industrial applications contribute to the evolving role of electric strikes in providing efficient and seamless access control, while also supporting the growth of preventive maintenance systems that reduce operational downtime. Industrial facilities are increasingly prioritizing security solutions that not only protect their assets but also enhance operational efficiency and ensure regulatory compliance.
The Others category in the electric strikes market includes various niche applications such as residential buildings, government facilities, transportation systems (airports, train stations, etc.), and specialized security applications. Residential buildings, particularly high-end homes and multi-unit apartments, are increasingly adopting electric strikes as part of modern security systems, ensuring that entry points are electronically controlled and monitored. Government facilities require high-security access control to protect sensitive data, infrastructure, and personnel. Electric strikes used in these environments must comply with strict security standards, offering reliability and resilience against tampering. In transportation systems, electric strikes provide efficient, secure, and contactless entry to terminals, restricted areas, and administrative offices. These diverse applications contribute to the overall expansion of the electric strikes market by supporting security measures in varying environments that require access control solutions.
One key trend shaping the electric strikes market is the increasing integration of access control systems with other security technologies. As businesses and institutions seek to streamline their security operations, the demand for solutions that can integrate seamlessly with surveillance cameras, alarm systems, and building management systems is on the rise. This trend is particularly prevalent in commercial applications, where maintaining an interconnected security infrastructure is vital for monitoring and managing access to various premises. Additionally, advancements in mobile technology and cloud-based solutions have driven the development of mobile-compatible electric strikes, allowing users to unlock doors using smartphones or smartwatches. This contactless and convenient method is appealing to businesses and individuals looking for flexible and modern security solutions.
Another significant trend in the electric strikes market is the growing focus on sustainability and energy efficiency. As energy consumption and environmental concerns become more important to consumers and businesses, manufacturers of electric strikes are incorporating energy-efficient designs and materials. The use of low-power components, energy-saving features, and sustainable manufacturing processes are helping to reduce the environmental footprint of electric strike products. This trend aligns with the broader movement toward green building certifications, such as LEED (Leadership in Energy and Environmental Design), and sustainable construction practices in the commercial and industrial sectors. With a rising demand for eco-friendly solutions, manufacturers are responding by prioritizing sustainable design in their product offerings.
The electric strikes market offers numerous opportunities, especially with the rising global focus on smart cities and the digital transformation of security systems. The ongoing development of smart infrastructure presents an excellent opportunity for the integration of electric strikes into modernized access control systems. As cities evolve into smart hubs, the demand for advanced access control systems, including electric strikes, is expected to increase significantly. Additionally, the rapid adoption of cloud-based solutions and AI-driven security systems presents an opportunity for electric strike manufacturers to offer enhanced features, such as remote monitoring, predictive maintenance, and automated access management. This trend is especially relevant to commercial and industrial applications, where operational efficiency and security are of utmost importance.
There are also opportunities for growth in emerging markets, particularly in developing regions where infrastructure development is accelerating. As businesses, governments, and educational institutions build new facilities in these regions, the demand for reliable and secure access control solutions, including electric strikes, is expected to rise. Furthermore, the ongoing trend toward digitization and increased awareness of cybersecurity risks creates an opportunity for manufacturers to develop more advanced electric strikes with integrated cybersecurity features, such as encryption and tamper-proof mechanisms. As global security concerns rise, these innovations can drive new market segments and expand the adoption of electric strikes in previously underserved areas.
What are electric strikes used for?
Electric strikes are used in access control systems to replace traditional mechanical locks, allowing for remote unlocking and secure entry. They are widely used in commercial, industrial, and residential settings.
How does an electric strike work?
Electric strikes work by electronically releasing a latch, allowing a door to open when activated by an access control system, such as a keycard, PIN, or biometric scanner.
What types of buildings use electric strikes?
Electric strikes are commonly used in commercial buildings, residential complexes, industrial facilities, hospitals, schools, and government offices for secure entry management.
Are electric strikes reliable in harsh environments?
Yes, electric strikes designed for industrial and outdoor use are built to withstand harsh conditions, including extreme temperatures, moisture, and physical impacts.
What are the advantages of using electric strikes?
Electric strikes offer enhanced security, ease of integration with other security systems, remote access control, and the ability to track entry logs in real time.
How long do electric strikes typically last?
With proper maintenance, electric strikes can last for several years, often ranging from 5 to 10 years depending on usage and environmental conditions.
Can electric strikes be integrated with other security systems?
Yes, electric strikes can be integrated with surveillance cameras, alarm systems, and other access control technologies to enhance overall security management.
Are there eco-friendly options for electric strikes?
Yes, some manufacturers offer electric strikes designed with energy-efficient features and sustainable materials, catering to the growing demand for environmentally friendly products.
What is the cost of installing an electric strike system?
The cost can vary based on the complexity of the system, the type of electric strike used, and the size of the installation area. It typically includes both hardware and installation costs.
Can electric strikes be used in residential settings?
Yes, electric strikes are increasingly used in high-end residential buildings and gated communities for enhanced security and access control solutions.
```
Download Full PDF Sample Copy of Global Electric Strikes Report @ https://www.verifiedmarketreports.com/download-sample/?rid=616386&utm_source=Google_site&utm_medium=235
Openers & Closers
Assa Abloy
BSI Hardware
DynaLock Corporation
Dorcas
Hartte
Security Door Controls
FSH Fire & Security Hardware
Vsionis
IDTECK Co. Ltd
SECO-LARM
Dorma
Sprint Locks
YLI Electronic
Shenzhen Nordson Electronic
Foshan City LCJ Electric Locks Factory
Shenzhen VIANS Electric Lock
Shenzhen Gomeit Co.
Zhongshan Anxing Lock
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase Of This Report @ https://www.verifiedmarketreports.com/ask-for-discount/?rid=616386&utm_source=Google_site&utm_medium=235
Growing demand for below applications around the world has had a direct impact on the growth of the Global Electric Strikes Market
Commercial
Industrial
Others
Based on Types the Market is categorized into Below types that held the largest Electric Strikes market share In 2023.
Holding Force: Under 500kg
Holding Force: 500-750kg
Holding Force: 750-1250kg
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
1. Introduction of the Global Electric Strikes Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Electric Strikes Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Electric Strikes Market, By Type
6. Global Electric Strikes Market, By Application
7. Global Electric Strikes Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Electric Strikes Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/