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Indoor Electromagnetic Lock Market

Indoor Electromagnetic Lock Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Indoor Electromagnetic Lock: Introduction

  • Indoor electromagnetic lock is an interlocking device controlled by electricity that helps to secure the doors to prevent any unauthorized entry or exit. Indoor electromagnetic locks are plated with coil and armature which helps to provide protection from corrosion and they are mostly applied to cabinet doors of high voltage switch cabinets such as glass doors, and aluminum doors.
  • Rising safety and security concerns are expected to drive the indoor electromagnetic lock market during the forecast period.

Key Drivers and Opportunities of the Global Indoor Electromagnetic Lock Market

  • Indoor electromagnetic locks are easy to install and sends a signal to unlock the doors when required. The doors automatically unlock during power cuts which is helpful in case of emergency; also, these type of locks work well with fingerprint scanning, key code pads, key readers, etc. Indoor electromagnetic locks are seeing high demand in commercial buildings due to rising need for safety to restrain unwanted persons from entering inside. These factors are likely to help the market grow during the forecast period.
  • Durability of the product and need for low maintenance, increasing need for secured electromagnetic locks for luxurious homes, technology centers, and convention centers, has created demand for the product.
  • Indoor electromagnetic locks mainly rely on electricity to provide the magnetic pull which could increase the electricity expense. Also during a power cut, the fail safe lock door automatically gets unlocked unless power backup keeps the doors closed, leading to the risk of anyone entering or leaving the premises. This is expected to hinder the growth of the market.
  • Manufacturers are coming up with new innovations and technology such as low current consumption locks with dual voltage, surge and spike protection, and high durability electromagnetic locks, as per the demand of customers, which is expected to propel the market during the forecast period.

North America to Hold Major Share of the Global Indoor Electromagnetic Lock Market

  • The global indoor electromagnetic lock market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
  • North America dominates the global indoor electromagnetic lock market due to rising residential security concerns, and increasing smart homes, as people in this region are opting for smart and automated technology to improve their standard of living.
  • The market in North America is followed by the market in Asia Pacific. Rising metropolitan cities and increase in number of commercial areas in the region are expected to drive the global indoor electromagnetic lock market during the forecast period.

Key Players Operating in the Global Indoor Electromagnetic Lock Market are Listed Below:

  • Algatec
  • Altos
  • Assa Abloy
  • Dormakaba Group
  • DynaLock Corporation
  • Ebelco
  • Faradays Micro Systems
  • FSH, Part of Allegion plc
  • ROFU Security International
  • SDC-Security Door Controls

Global Indoor Electromagnetic Lock Market: Research Scope

Global Indoor Electromagnetic Lock Market, by Type

  • Single Electromagnetic Lock
  • Double Electromagnetic Lock

Global Indoor Electromagnetic Lock Market, by Application

  • Aluminum Doors
  • Glass Doors
  • Metal Doors
  • Wooden Doors
  • Others (Electronic Locker, etc.)

Global Indoor Electromagnetic Lock Market, by Holding Force

  • Up to 300 Kg
  • 300 Kg to 600 Kg
  • Above 600 Kg

Global Indoor Electromagnetic Lock Market, by Price

  • Up to US$ 25
  • US$ 25 – US$ 50
  • Above US$ 50

Global Indoor Electromagnetic Lock Market, by End-user

  • Residential
  • Commercial
  • Industrial

Global Indoor Electromagnetic Lock Market, by Distribution Channel

  • Online
    • E-commerce Websites
    • Company Owned Websites
  • Offline
    • Specialty Stores
    • Other Retail Stores

Global Indoor Electromagnetic Lock Market, by Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Rest of South America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
Indoor Electromagnetic Lock Market

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