VALIDATED EXECUTIVE ENGAGEMENTS
POOL + OUTREACH
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Interactions with Platform & by Email
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VALIDATIONS
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Responses Validated*
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DATE
JULY 2020
TABLES
108
PAGES
275
EDITION
16
PRICE
USD $5600
Focus On Safes, One of the Largest Segments in the Safes and Vaults Market.
Will this Market be a Huge Opportunity by 2025?
Amid the COVID-19 crisis, the global market for Safes and Vaults estimated at US$4.6 Billion in the year 2020, is projected to reach a revised size of US$5.9 Billion by 2027, growing at aCAGR of 3.7% over the period 2020-2027. Safes, one of the segments analyzed in the report, is projected to record 4.3% CAGR and reach US$4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Vaults segment is readjusted to a revised 2.4% CAGR for the next 7-year period.
The Safes and Vaults market in the U.S. is estimated at US$1.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2027 trailing a CAGR of 6.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1% and 2.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.8% CAGR.We bring years of research experience to this 16th edition of our report. The 275-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Access Security Products Ltd.; Acme Safe Company; Allied Fire & Security; Alpha Safe & Vault, Inc.; ASSA ABLOY Hospitality; BJARSTAL sarl; Bode-Panzer GmbH; Bordogna S.r.l; Brown Safe Manufacturing, Inc.; Cannon Safe, Inc.; Citysafe; Diebold Nixdorf; dormakaba Holding AG; FireKing Security Group; Firelock Fireproof Modular Vaults; Format Tresorbau GmbH & Co. KG; Fort Knox Inc.; Godrej & Boyce Mfg. Co., Ltd.; Gunnebo AB; Hall`s Safe Company; Hayman Safe Company, Inc.; Juwel Srl; KASO Oy; Liberty Safe and Security Products, Inc.; Onity; Phoenix Safe Company Limited; Technomax Srl
» Segment (Safes, Vaults)
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa
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05
| I. INTRODUCTION, METHODOLOGY & REPORT SCOPE |
| II. EXECUTIVE SUMMARY |
| 1. MARKET OVERVIEW |
| Safes and Vaults: Safeguarding and Securing Assets for a Safer Future |
| Recent Market Activity |
| Rising Asset Safety Concerns & an Increasingly Security-Conscious Society: Foundation for Market Growth |
| Important Factors Driving Widespread Adoption over the Years |
| Consumer Perception of Crime |
| Regulatory Mandates |
| Product Innovations & Introductions |
| Global Market Outlook |
| Developing Countries Continue to Power Current and Future Market Growth |
| Rise of Agency Banking Channel Propels Demand for Small and Mid-Sized Safes and Vaults |
| Stable Growth Fundamentals Present Optimistic Market Outlook |
| Global Competitor Market Shares |
| Safes and Vaults Competitor Market Share Scenario Worldwide (in %): 2020 & 2029 |
| Impact of Covid-19 and a Looming Global Recession |
| 2. FOCUS ON SELECT PLAYERS |
| Access Security Products Ltd. (Canada) |
| Acme Safe Company (USA) |
| Allied Fire & Security (USA) |
| Amsec (USA) |
| Gardall Safe Corporation (USA) |
| Alpha Safe & Vault, Inc. (USA) |
| ASSA ABLOY Hospitality (USA) |
| BJARSTAL sarl (France) |
| Bode-Panzer GmbH (Germany) |
| Bordogna S.r.l (Italy) |
| Brown Safe Manufacturing, Inc. (USA) |
| Bumil Safe Mfg. Co., Ltd. (Korea) |
| Cannon Safe, Inc. (USA) |
| Citysafe (USA) |
| Diebold Nixdorf (USA) |
| dormakaba Holding AG (Switzerland) |
| Firelock Fireproof Modular Vaults (USA) |
| FireKing Security Group (USA) |
| Format Tresorbau GmbH & Co. KG (Germany) |
| Fort Knox Inc. (USA) |
| GARDEX Inc. (Canada) |
| Godrej & Boyce Mfg. Co., Ltd. (India) |
| Gunnebo AB (Sweden) |
| Chubb Safes Ltd. (UK) |
| Hamilton Safe (USA) |
| Fichet-Bauche SA (France) |
| Hall’s Safe Company (USA) |
| Hayman Safe Company, Inc. (USA) |
| Juwel Srl (Italy) |
| KASO Oy (Finland) |
| Liberty Safe and Security Products, Inc. (USA) |
| Onity (USA) |
| Phoenix Safe Company Limited (UK) |
| Sentry Group, Inc. (USA) |
| Stark Safes Srl (Italy) |
| Technomax Srl (Italy) |
| 3. MARKET TRENDS & DRIVERS |
| Non-Banking Safes to Witness Higher Growth |
| Government Regulations Drive Innovations in Data Vaults |
| Surging Demand for Biometric Safes and Vaults Drives Healthy Market Growth |
| Market Drivers |
| Market Inhibitors |
| Myriad Benefits of Biometric Safes over Traditional Safes Lead to Widespread Market Adoption |
| Limitations of Traditional Lock Systems |
| Benefits of Fingerprint Recognition |
| Legal Considerations |
| Growing Popularity of Smart Safes in Retail Outlets Benefits Market Expansion |
| Key Benefits Offered by Smart Safes to Retailers |
| Increasing ATM Deployments Drive Strong Growth in Demand for Cash Safes |
| Multi-Purpose ATMs Spur Demand for Depository Safes |
| Dial Locks Versus Electronics Locks: Where Does the Future Lie? |
| Convergence with Advanced Communication Technologies Set to Become a Norm |
| Sophisticated Gun Safes and Vaults for Home Defense |
| Vault Management Systems |
| Automatic Safe Dialer |
| Portable Teller Units |
| Controlled Environment Vault (CEV) |
| Specialized Vaults with Computerized Locks |
| Urgent Need to Manage Firearms Possession Boosts Demand for Gun Safes |
| Government Compliance Regulations Power Growth for Gun Safes and Vaults |
| Key Considerations while Selecting Gun Safe Models |
| Gun Safes Manufacturers Innovate to Stay Ahead of the Game |
| Steel |
| More Stylish Designs |
| Improved Locking Systems |
| Alarms and Additional Features |
| Faster Access |
| Multifunctional Use |
| Discrete Concealment |
| Mounting Digital Media Penetration Augurs Well for Data Media Safes |
| Safes and Vaults Emerge as Key Customer Service Strategy in Hospitality Industry |
| Portable Safes Emerge as a Potent Instrument of Security for Frequent Travelers |
| Government, Military & Security Services: Dominant Users of Safes and Vaults |
| Wall & Floor Safes Continue to Remain a Popular Option |
| Sales of Home Safes Gain Momentum |
| Modular Safes Offer Easy Portability and Installation |
| Fireproof Safes Provide Efficient Protection from Intense Heat |
| Custom Safes: A Suitable Option for Addressing Diverse Needs |
| Housing Construction & Renovation: An Important Growth Driver |
| Safes and Vaults Standards: Essential for High-end Security Models |
| Safes and Vaults Innovations and Advancements: Spearheading Growth |
| Internet Protocol (IP) Enabled Safes: The Next Big Thing in Safe Technology |
| Next-Generation Gun Safes and Vaults for Vehicles |
| Advanced Storage Options from Tuffy Security Products |
| TrunkVault and TruckTuff Dog Kennel by TruckVault |
| Smart Vaults: The Future of Bank Vaults |
| Sensor Integration Remains Key to Ensuring Security |
| Portable Safe for Diamonds and Jewelry |
| Unbreakable Piggy Bank |
| Select Innovative and Advanced Gun Safes and Vaults |
| 1420M Bundle by Tactical Walls |
| Beast Safe by Browning |
| Biometric Pistol Vault by Bulldog |
| Biometric Wall Safe by Barska |
| Digital Personal Vault by Bulldog Cases |
| Hawk Secure-it |
| Knight TAC-75 by Pendleton |
| Magnum RFID/LED Quick Vault by Bulldog Cases |
| PV1000 by Browning |
| Quick Access Rifle Safe by Barska |
| Quick Vent and QuickShelf Safes by QuickSafes |
| RAPiD Safe and RAPiD Safe 2600 by Hornady |
| Revolution Safe Stronghold XL Tactical Edition |
| Slide Away Safe by V-Line |
| SpeedVault by GunVault |
| Super-Size Biometric Safe by Stack-On |
| The GunBox |
| 4. GLOBAL MARKET PERSPECTIVE |
| Safes and Vaults Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2018-2025 |
| Safes and Vaults Global Retrospective Market Scenario in US$ Thousand by Region/Country: 2009-2017 |
| Safes and Vaults Market Share Shift across Key Geographies Worldwide: 2009 VS 2019 VS 2025 |
| Safes (Segment) World Market by Region/Country in US$ Thousand: 2018 to 2025 |
| Safes (Segment) Historic Market Analysis by Region/Country in US$ Thousand: 2009 to 2017 |
| Safes (Segment) Market Share Breakdown of Worldwide Sales by Region/Country: 2009 VS 2019 VS 2025 |
| Vaults (Segment) Potential Growth Markets Worldwide in US$ Thousand: 2018 to 2025 |
| Vaults (Segment) Historic Market Perspective by Region/Country in US$ Thousand: 2009 to 2017 |
| Vaults (Segment) Market Sales Breakdown by Region/Country in Percentage: 2009 VS 2019 VS 2025 |
| III. MARKET ANALYSIS |
| GEOGRAPHIC MARKET ANALYSIS |
| United States |
| Market Facts & Figures |
| US Safes and Vaults Market Share (in %) by Company: 2020 & 2025 |
| United States Safes and Vaults Market Estimates and Projections in US$ Thousand by Segment: 2018 to 2025 |
| Safes and Vaults Market in the United States by Segment: A Historic Review in US$ Thousand for 2009-2017 |
| United States Safes and Vaults Market Share Breakdown by Segment: 2009 VS 2019 VS 2025 |
| Canada |
| Canadian Safes and Vaults Market Estimates and Forecasts in US$ Thousand by Segment: 2018 to 2025 |
| Canadian Safes and Vaults Historic Market Review by Segment in US$ Thousand: 2009-2017 |
| Safes and Vaults Market in Canada: Percentage Share Breakdown of Sales by Segment for 2009, 2019, and 2025 |
| Japan |
| Japanese Market for Safes and Vaults: Annual Sales Estimates and Projections in US$ Thousand by Segment for the Period 2018-2025 |
| Safes and Vaults Market in Japan: Historic Sales Analysis in US$ Thousand by Segment for the Period 2009-2017 |
| Japanese Safes and Vaults Market Share Analysis by Segment: 2009 VS 2019 VS 2025 |
| China |
| Chinese Safes and Vaults Market Growth Prospects in US$ Thousand by Segment for the Period 2018-2025 |
| Safes and Vaults Historic Market Analysis in China in US$ Thousand by Segment: 2009-2017 |
| Chinese Safes and Vaults Market by Segment: Percentage Breakdown of Sales for 2009, 2019, and 2025 |
| Europe |
| Market Facts & Figures |
| European Safes and Vaults Market: Competitor Market Share Scenario (in %) for 2020 & 2025 |
| European Safes and Vaults Market Demand Scenario in US$ Thousand by Region/Country: 2018-2025 |
| Safes and Vaults Market in Europe: A Historic Market Perspective in US$ Thousand by Region/Country for the Period 2009-2017 |
| European Safes and Vaults Market Share Shift by Region/Country: 2009 VS 2019 VS 2025 |
| European Safes and Vaults Market Estimates and Forecasts in US$ Thousand by Segment: 2018-2025 |
| Safes and Vaults Market in Europe in US$ Thousand by Segment: A Historic Review for the Period 2009-2017 |
| European Safes and Vaults Market Share Breakdown by Segment: 2009 VS 2019 VS 2025 |
| France |
| Safes and Vaults Market in France by Segment: Estimates and Projections in US$ Thousand for the Period 2018-2025 |
| French Safes and Vaults Historic Market Scenario in US$ Thousand by Segment: 2009-2017 |
| French Safes and Vaults Market Share Analysis by Segment: 2009 VS 2019 VS 2025 |
| Germany |
| Safes and Vaults Market in Germany: Recent Past, Current and Future Analysis in US$ Thousand by Segment for the Period 2018-2025 |
| German Safes and Vaults Historic Market Analysis in US$ Thousand by Segment: 2009-2017 |
| German Safes and Vaults Market Share Breakdown by Segment: 2009 VS 2019 VS 2025 |
| Italy |
| Italian Safes and Vaults Market Growth Prospects in US$ Thousand by Segment for the Period 2018-2025 |
| Safes and Vaults Historic Market Analysis in Italy in US$ Thousand by Segment: 2009-2017 |
| Italian Safes and Vaults Market by Segment: Percentage Breakdown of Sales for 2009, 2019, and 2025 |
| United Kingdom |
| United Kingdom Market for Safes and Vaults: Annual Sales Estimates and Projections in US$ Thousand by Segment for the Period 2018-2025 |
| Safes and Vaults Market in the United Kingdom: Historic Sales Analysis in US$ Thousand by Segment for the Period 2009-2017 |
| United Kingdom Safes and Vaults Market Share Analysis by Segment: 2009 VS 2019 VS 2025 |
| Spain |
| Spanish Safes and Vaults Market Estimates and Forecasts in US$ Thousand by Segment: 2018 to 2025 |
| Spanish Safes and Vaults Historic Market Review by Segment in US$ Thousand: 2009-2017 |
| Safes and Vaults Market in Spain: Percentage Share Breakdown of Sales by Segment for 2009, 2019, and 2025 |
| Russia |
| Russian Safes and Vaults Market Estimates and Projections in US$ Thousand by Segment: 2018 to 2025 |
| Safes and Vaults Market in Russia by Segment: A Historic Review in US$ Thousand for 2009-2017 |
| Russian Safes and Vaults Market Share Breakdown by Segment: 2009 VS 2019 VS 2025 |
| Rest of Europe |
| Rest of Europe Safes and Vaults Market Estimates and Forecasts in US$ Thousand by Segment: 2018-2025 |
| Safes and Vaults Market in Rest of Europe in US$ Thousand by Segment: A Historic Review for the Period 2009-2017 |
| Rest of Europe Safes and Vaults Market Share Breakdown by Segment: 2009 VS 2019 VS 2025 |
| Asia-Pacific |
| Asia-Pacific Safes and Vaults Market Estimates and Forecasts in US$ Thousand by Region/Country: 2018-2025 |
| Safes and Vaults Market in Asia-Pacific: Historic Market Analysis in US$ Thousand by Region/Country for the Period 2009-2017 |
| Asia-Pacific Safes and Vaults Market Share Analysis by Region/Country: 2009 VS 2019 VS 2025 |
| Safes and Vaults Market in Asia-Pacific by Segment: Estimates and Projections in US$ Thousand for the Period 2018-2025 |
| Asia-Pacific Safes and Vaults Historic Market Scenario in US$ Thousand by Segment: 2009-2017 |
| Asia-Pacific Safes and Vaults Market Share Analysis by Segment: 2009 VS 2019 VS 2025 |
| Australia |
| Safes and Vaults Market in Australia: Recent Past, Current and Future Analysis in US$ Thousand by Segment for the Period 2018-2025 |
| Australian Safes and Vaults Historic Market Analysis in US$ Thousand by Segment: 2009-2017 |
| Australian Safes and Vaults Market Share Breakdown by Segment: 2009 VS 2019 VS 2025 |
| India |
| Indian Safes and Vaults Market Estimates and Forecasts in US$ Thousand by Segment: 2018 to 2025 |
| Indian Safes and Vaults Historic Market Review by Segment in US$ Thousand: 2009-2017 |
| Safes and Vaults Market in India: Percentage Share Breakdown of Sales by Segment for 2009, 2019, and 2025 |
| South Korea |
| Safes and Vaults Market in South Korea: Recent Past, Current and Future Analysis in US$ Thousand by Segment for the Period 2018-2025 |
| South Korean Safes and Vaults Historic Market Analysis in US$ Thousand by Segment: 2009-2017 |
| Safes and Vaults Market Share Distribution in South Korea by Segment: 2009 VS 2019 VS 2025 |
| Rest of Asia-Pacific |
| Rest of Asia-Pacific Market for Safes and Vaults: Annual Sales Estimates and Projections in US$ Thousand by Segment for the Period 2018-2025 |
| Safes and Vaults Market in Rest of Asia-Pacific: Historic Sales Analysis in US$ Thousand by Segment for the Period 2009-2017 |
| Rest of Asia-Pacific Safes and Vaults Market Share Analysis by Segment: 2009 VS 2019 VS 2025 |
| Latin America |
| Latin American Safes and Vaults Market Trends by Region/Country in US$ Thousand: 2018-2025 |
| Safes and Vaults Market in Latin America in US$ Thousand by Region/Country: A Historic Perspective for the Period 2009-2017 |
| Latin American Safes and Vaults Market Percentage Breakdown of Sales by Region/Country: 2009, 2019, and 2025 |
| Latin American Safes and Vaults Market Growth Prospects in US$ Thousand by Segment for the Period 2018-2025 |
| Safes and Vaults Historic Market Analysis in Latin America in US$ Thousand by Segment: 2009-2017 |
| Latin American Safes and Vaults Market by Segment: Percentage Breakdown of Sales for 2009, 2019, and 2025 |
| Argentina |
| Argentinean Safes and Vaults Market Estimates and Forecasts in US$ Thousand by Segment: 2018-2025 |
| Safes and Vaults Market in Argentina in US$ Thousand by Segment: A Historic Review for the Period 2009-2017 |
| Argentinean Safes and Vaults Market Share Breakdown by Segment: 2009 VS 2019 VS 2025 |
| Brazil |
| Safes and Vaults Market in Brazil by Segment: Estimates and Projections in US$ Thousand for the Period 2018-2025 |
| Brazilian Safes and Vaults Historic Market Scenario in US$ Thousand by Segment: 2009-2017 |
| Brazilian Safes and Vaults Market Share Analysis by Segment: 2009 VS 2019 VS 2025 |
| Mexico |
| Safes and Vaults Market in Mexico: Recent Past, Current and Future Analysis in US$ Thousand by Segment for the Period 2018-2025 |
| Mexican Safes and Vaults Historic Market Analysis in US$ Thousand by Segment: 2009-2017 |
| Mexican Safes and Vaults Market Share Breakdown by Segment: 2009 VS 2019 VS 2025 |
| Rest of Latin America |
| Rest of Latin America Safes and Vaults Market Estimates and Projections in US$ Thousand by Segment: 2018 to 2025 |
| Safes and Vaults Market in Rest of Latin America by Segment: A Historic Review in US$ Thousand for 2009-2017 |
| Rest of Latin America Safes and Vaults Market Share Breakdown by Segment: 2009 VS 2019 VS 2025 |
| Middle East |
| The Middle East Safes and Vaults Market Estimates and Forecasts in US$ Thousand by Region/Country: 2018-2025 |
| Safes and Vaults Market in the Middle East by Region/Country in US$ Thousand: 2009-2017 |
| The Middle East Safes and Vaults Market Share Breakdown by Region/Country: 2009, 2019, and 2025 |
| The Middle East Safes and Vaults Market Estimates and Forecasts in US$ Thousand by Segment: 2018 to 2025 |
| The Middle East Safes and Vaults Historic Market by Segment in US$ Thousand: 2009-2017 |
| Safes and Vaults Market in the Middle East: Percentage Share Breakdown of Sales by Segment for 2009, 2019, and 2025 |
| Iran |
| Iranian Market for Safes and Vaults: Annual Sales Estimates and Projections in US$ Thousand by Segment for the Period 2018-2025 |
| Safes and Vaults Market in Iran: Historic Sales Analysis in US$ Thousand by Segment for the Period 2009-2017 |
| Iranian Safes and Vaults Market Share Analysis by Segment: 2009 VS 2019 VS 2025 |
| Israel |
| Israeli Safes and Vaults Market Estimates and Forecasts in US$ Thousand by Segment: 2018-2025 |
| Safes and Vaults Market in Israel in US$ Thousand by Segment: A Historic Review for the Period 2009-2017 |
| Israeli Safes and Vaults Market Share Breakdown by Segment: 2009 VS 2019 VS 2025 |
| Saudi Arabia |
| Saudi Arabian Safes and Vaults Market Growth Prospects in US$ Thousand by Segment for the Period 2018-2025 |
| Safes and Vaults Historic Market Analysis in Saudi Arabia in US$ Thousand by Segment: 2009-2017 |
| Saudi Arabian Safes and Vaults Market by Segment: Percentage Breakdown of Sales for 2009, 2019, and 2025 |
| United Arab Emirates |
| Safes and Vaults Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Thousand by Segment for the Period 2018-2025 |
| United Arab Emirates Safes and Vaults Historic Market Analysis in US$ Thousand by Segment: 2009-2017 |
| Safes and Vaults Market Share Distribution in United Arab Emirates by Segment: 2009 VS 2019 VS 2025 |
| Rest of Middle East |
| Safes and Vaults Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ Thousand by Segment for the Period 2018-2025 |
| Rest of Middle East Safes and Vaults Historic Market Analysis in US$ Thousand by Segment: 2009-2017 |
| Rest of Middle East Safes and Vaults Market Share Breakdown by Segment: 2009 VS 2019 VS 2025 |
| Africa |
| African Safes and Vaults Market Estimates and Projections in US$ Thousand by Segment: 2018 to 2025 |
| Safes and Vaults Market in Africa by Segment: A Historic Review in US$ Thousand for 2009-2017 |
| African Safes and Vaults Market Share Breakdown by Segment: 2009 VS 2019 VS 2025 |
| IV. COMPETITION |
| Total Companies Profiled : 147 Click here to request a full table of contents and more details on this project. |
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