The short answer is you can absolutely keep the outer housing and those massive steel bolt workings exactly as they are. You don're not obligated to do a full shell swap just because modern tech usually means a complete replacement. Most of those huge cases, particularly the high-end display pieces from older eras, were designed with a substantial depth around the main strike plate, allowing for component separation. I worked on a similar antique cabinet last year and found that because the original mechanical components were so large, they actually provided a decent mounting structure for a smaller, more streamlined solenoid package. Instead of wiring a massive solenoid that would require a bigger hole and more visible conduit, you can install a low profile electromagnetic latch and mount the housing to the interior frame just behind the visible bolt mechanism. Then you run the necessery wiring down a discreet channel that was likely alredy part of the original case construction, often along the mounting screws for the display panel itself. It does require careful planning. You have to calculate the torque requirements of the original locking pawls so the new solenoid can trigger them without stripping the internal gear teeth. But mechanically, replacing the key cylinder and adding a modern electronic actuator is a standard preservation technique. The trick is minimizing the footprint of the new part so it doesn't look like you just bolted a modern piece onto a historical artifact.
If you are worried about weight, a lightweight, compact electronic strike actuator is the way to go. Avoid the bulky models designed for residential security because those have far too many internal components and are just overkill. Focus on models that are purely electromechanical and can be mounted flat within the cavity. This keeps the visual integrity of the case while giving you the convenience of a simple coded entry or remote access.