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Global Safes and Vaults Market 2016-2020

About the Safes and Vaults Market

Safes and vaults are secure storage systems used for the protection of valuables from external calamities such as fire breakouts and burglar attacks. In many cases, they are also used to prevent unauthorized access to potentially dangerous items or materials placed within them. The growing crime rates coupled with the affluence of people are necessitating the use of such systems. With the advent of technology, safes and vaults are increasingly being electronically integrated to create smart systems. Manufacturers of safes and vaults have a wide variety in their product portfolio to meet the needs of different customers. The key end-customers of safes and vaults are the banking sector, retail sector, pharmaceutical sector, individual consumers, and other sectors such as logistics, hospitality, and chemicals.

Technavio’s analysts forecast the global safes and vaults market to grow at a CAGR of 5.52% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global safes and vaults market for 2016-2020. The market size is calculated based on the revenue generated from the sales of safes and vaults in APAC, Europe, and the Americas. The report includes all types of safes and vaults that are used for different applications and for protecting materials from burglary, fire, and other calamities.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Safes and Vaults Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • American Security Products Co.
  • Diebold
  • Godrej & Boyce
  • Gunnebo
  • Kaba Group
Other prominent vendors
  • Access Security Products
  • ACME Security Inc.
  • Alpha Safe & Vault
  • Bjarstal
  • Bode-Panzer
  • Bordogna Group
  • Bricard
  • Brown Safe Manufacturing
  • Bumil Safe Manufacturing
  • Cannon Safe
  • Cisa
  • Citysafe
  • CompX International
  • Fire King
  • Firelock Fireproof Modular Vaults
  • Format Tresorbau
  • Gardall Safe
  • Hall’s Safe
  • Hamilton Safe
  • Joli Safe
  • Juwel
  • Kale Celik Esya
  • Phoenix Safe Co.
  • Securifort
  • Stark Safes
  • Technomax
Market driver
  • Demand from banking sector
  • For a full, detailed list, view our report
Market challenge
  • High total cost of ownership and low repeat purchases
  • For a full, detailed list, view our report
Market trend
  • Digitization of safes and vaults
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Safes and Vaults Market 2016-2020

Technavio recognizes the following companies as the key players in the global safes and vaults market: American Security Products Co., Diebold, Godrej & Boyce, Gunnebo, and Kaba Group.

Other Prominent Vendors in the market are: Access Security Products, ACME Security Inc., Alpha Safe & Vault, Bjarstal, Bode-Panzer, Bordogna Group, Bricard, Brown Safe Manufacturing, Bumil Safe Manufacturing, Cannon Safe, Cisa, Citysafe, CompX International, Fire King, Firelock Fireproof Modular Vaults, Format Tresorbau, Gardall Safe, Hall’s Safe, Hamilton Safe, Joli Safe, Juwel, Kale Celik Esya, Phoenix Safe Co., Securifort, Stark Safes, and Technomax.

Commenting on the report, an analyst from Technavio’s team said: “A trend which is playing a role in boosting market growth is digitization of safes and vaults. There has been a major shift in the adoption patterns of safes with increasing popularity of digital electronic safes and vaults in comparison to manual key-operated ones. The inefficiencies related with manual safes are eliminated with the use of digitized ones. These safes have properties such as motorized shooting bolts for extra protection, low battery indicators, non-volatile memory, digital locking mechanisms, and password protected locking. They also have options such as mechanical overrides, LED displays, and touchscreen operated and remote controlled.”

According to the report, a key growth driver is demand from the banking sector. There is a strong demand for safety vaults and safes from the banking sector for the storage of valuables. To make vaults more immune to burglar attacks, they are constantly being fitted with an array of alarms and anti-theft devices. These devices have characteristics such as low maintenance, emergency ventilators, integrate light switches with electrical boxes, and ventilators.

Further, the report states that one challenge that could curtail market growth is the high total cost of ownership and low repeat purchases.





Companies Mentioned

American Security Products Co., Diebold, Godrej & Boyce, Gunnebo, Kaba Group, Access Security Products, ACME Security Inc., Alpha Safe & Vault, Bjarstal, Bode-Panzer, Bordogna Group, Bricard, Brown Safe Manufacturing, Bumil Safe Manufacturing, Cannon Safe, Cisa, Citysafe, CompX International, Fire King, Firelock Fireproof Modular Vaults, Format Tresorbau, Gardall Safe, Hall’s Safe, Hamilton Safe, Joli Safe, Juwel, Kale Celik Esya, Phoenix Safe Co., Securifort, Stark Safes, Technomax.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Global safes and vaults market: Overview
    • Market size and forecast
      • Table Global safes and vaults market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product type
    • Global safes and vaults market by product type
      • Table Global safes and vaults market by product type 2015 (% revenue)
      • Table Global safes and vaults market by product type 2020 (% revenue)
      • Table Global safes and vaults market by product type 2015-2020 (% revenue)
      • Table Global safes and vaults market by product type 2015-2020 ($ millions)
    • Global cash management safes market
      • Table Global cash management safes market 2015-2020 ($ millions)
    • Global gun safes and vaults market
      • Table Global gun safes and vaults market 2015-2020 ($ millions)
      • Table Global gun safes and vaults market by type 2015 (% revenue)
    • Global depository safes market
      • Table Global depository safes market 2015-2020 ($ millions)
    • Global vault and vault doors market
      • Table Global vault and vault door market 2015-2020 ($ millions)
    • Global media safes market
      • Table Global media safes market 2015-2020 ($ millions)
    • Global other safes market
      • Table Global other safes market 2015-2020 ($ millions)
  • Market segmentation by end-user
    • Global safes and vaults market by end-user
      • Table Global safes and vaults market by end-user 2015 (% revenue)
      • Table Global safes and vaults market by end-user 2020 (% revenue)
      • Table Global safes and vaults market by end-user 2015-2020 (% revenue)
      • Table Global safes and vaults market by end-user 2015-2020 ($ billions)
    • Global safes and vaults market in non-banking sector
      • Table Global safes and vaults market in non-banking sector 2015-2020 ($ billions)
    • Global safes and vaults market in banking sector
      • Table Global safes and vaults market in banking sector 2015-2020 ($ billions)
  • Geographical segmentation
    • Global safes and vaults market by geography
      • Table Global safes and vaults market by geography 2015 (% revenue)
      • Table Global safes and vaults market by geography 2020 (% revenue)
      • Table Global safes and vaults market by geography 2015-2020 (% revenue)
      • Table Global safes and vaults market by geography 2015-2020 ($ billions)
    • Safes and vaults market in APAC
      • Table Safes and vaults market in APAC 2015-2020 ($ billions)
    • Safes and vaults market in Europe
      • Table Safes and vaults market in Europe 2015-2020 ($ billions)
    • Safes and vaults market in Americas
      • Table Safes and vaults market in Americas 2015-2020 ($ billions)
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
  • Key vendor analysis
    • American Security Products Co.
      • Table American Security Products: Product categories: Residential
      • Table American Security Products: Product categories: Business
    • Diebold
      • Table Diebold: Segmentation by revenue 2015
      • Table Diebold: Geographical segmentation by revenue 2015
    • Godrej & Boyce
      • Table Godrej & Boyce: Business segmentation by revenue 2015
      • Table Godrej & Boyce: Geographical segmentation by revenue 2015
    • Gunnebo
      • Table Gunnebo: Geographical segmentation by revenue 2015
    • Kaba Group
      • Table Kaba Group: Business segmentation by revenue 2015
      • Table Kaba Group: Geographical segmentation by revenue 2015
  • Appendix
    • List of abbreviations
  • Explore Technavio

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