Global Electric Strikes market cagr 9.1%

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Electric Strikes Market

Electric Strikes Market Scope: Industry Analysis,

Market Size, Growth, Trends Till 2031

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Electric Strikes Market Size and Growth

The Electric Strikes market is experiencing robust growth, driven by increasing security demands in commercial and residential sectors. The market size is projected to reach approximately $1.2 billion by 2025, with a CAGR of 6%. Technological advancements and integration with smart systems are enhancing product adoption and market expansion. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ 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

The Electric Strikes Market features key players including Assa Abloy, DynaLock, and Dorma, who innovate secure access technologies. Companies enhance market growth through diverse product offerings, strategic partnerships, and enhanced security capabilities. Notable sales revenue includes Assa Abloy at approximately $10 billion, and Dorma at around $1 billion.

◍ Shenzhen Gomeit Co.

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Market Segmentation

By Application

Commercial

Industrial

Others

By Product

◍ Holding Force: Under 500kg ◍ Holding Force: 500-750kg ◍ Holding Force: 750-1250kg

Others

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Market Growth

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$ X Billion USD

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