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US Gun Safe Market Research Report Information Forecast to 2032 By Type (Handgun Safes, Rifle Safes, Welded Safe, Wall Safes, Cabinet Safe and Floor Safes), By Locking Mechanism (Electronic Lock Safes, Mechanical Dial Lock Safes, Biometric Lock Safes and

Publisher Market Research Future
Published May 18, 2024
Length 88 Pages
SKU # RESFT18928091

Description

US Gun Safe Market Research Report Information Forecast to 2032 By Type (Handgun Safes, Rifle Safes, Welded Safe, Wall Safes, Cabinet Safe and Floor Safes), By Locking Mechanism (Electronic Lock Safes, Mechanical Dial Lock Safes, Biometric Lock Safes and Key Lock Safes), By Application (Residential, Commercial, Law Enforcement and Military)



Driven by several causes including worries about the safety of firearms, the need to prevent unwanted access to firearms, and the requirement to adhere to numerous state and federal rules, the gun safe business in the United States is an essential part of the larger home security sector. With increased gun ownership rates, increased public awareness of gun safety concerns, and changing consumer preferences for secure storage options, the US gun safe market is expected to continue growing steadily through 2023.

The growing emphasis on firearm safety and responsible gun ownership is one of the main factors propelling the US gun safe market's expansion. Gun safes and other secure storage solutions are becoming increasingly important as firearm-related mishaps and events continue to be a major issue, particularly in homes with young children or inexperienced individuals. As a result, people are looking for strong, dependable safes to protect their guns against theft, unauthorized entry, and abuse.

The dynamics of the US gun safe market are also being significantly impacted by the legislative environment around the accessibility and storage of firearms. There is an increased awareness among customers of their compliance obligations due to the implementation of strict laws and regulations by many jurisdictions regarding the safe storage of firearms. These policies require gun owners to keep their weapons in certified safes or lockboxes. As a result, there is an increasing market for compliant, high-quality gun safes that either meet or surpass legal requirements, offering retailers and manufacturers significant growth and expansion prospects.

At a compound annual growth rate (CAGR) of 5.32%, the US gun safe market is projected to grow from its 2022 valuation of USD 1,455.95 million to USD 2,437.06 million by 2032.

Market Segmentation

Handgun, rifle, welded, wall, cabinet, and floor safes are the different categories into which the US gun safe industry has been divided. The purpose of handgun safes is to keep small weaponry, such as handguns, safe.

The US gun safe market has been divided into four categories: biometric lock safes, mechanical dial lock safes, electronic lock safes, and key lock safes based on locking mechanism.

The US gun safe industry has been divided into four segments: law enforcement, military, commercial, and residential, based on the application. Gun safes for residential use are mostly made for individual use in homes.

Important Players

American Security, Browning, Fort Knox, Harbor Freight, Liberty Safe, Rhino Metals, Inc., Sports Afield, Tractor Supply, and Granite Security Products, Inc. are the main market participants.

Table of Contents

88 Pages
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Research Objective
2.4 Market Structure
3 Research Methodology
3.1 Overview
3.2 Data Flow
3.2.1 Data Mining Process
3.3 Purchased Database:
3.4 Secondary Sources:
3.4.1 Secondary Research Data Flow:
3.5 Primary Research:
3.5.1 Primary Research Data Flow:
3.5.2 Primary Research: Number Of Interviews Conducted
3.6 Approaches For Market Size Estimation:
3.6.1 Revenue Analysis Approach
3.7 Data Forecasting
3.7.1 Data Forecasting Type
3.8 Data Modeling
3.8.1 Microeconomic Factor Analysis:
3.8.2 Data Modeling:
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Increasing Firearm Ownership Rates Drive Gun Safe Demand
4.2.2 Rising Awareness Of Child Safety Enhances Market Demand
4.3 Restraints
4.3.1 High Initial Investment Deters Potential Buyers
4.3.2 Competition From Alternative Home Security Solutions
4.4 Opportunity
4.4.1 Technological Advancements Enhancing Gun Safe Features
4.5 Regulatory Update
4.6 Technology Level Trends
5 Market Factor Analysis
5.1 Value Chain Analysis
5.1.1 Manufacturing
5.1.2 Distribution
5.1.3 Retail Sales And Marketing
5.1.4 After-sales Service And Support
5.2 Porter’s Five Forces Model
5.2.1 Threat Of New Entrants
5.2.2 Bargaining Power Of Suppliers
5.2.3 Bargaining Power Of Buyers
5.2.4 Threat Of Substitutes
5.2.5 Intensity Of Rivalry
5.3 Impact Analysis Of Covid-19
5.3.1 Impact On Us Gun Safe Market
5.3.2 Impact On Supply Chain Of Gun Safe
5.3.3 Impact On Market Demand Of Gun Safe
5.3.4 Impact On Pricing Of Gun Safe Products
6 Us Gun Safe Market, By Type
6.1 Overview
7 Us Gun Safe Market, By Locking Mechanism
7.1 Overview
8 Us Gun Safe Market, By Application
8.1 Overview
9 Competitive Landscape
9.1 Competitive Overview
9.2 Major Players In The Us Gun Safe Market
9.3 Major Players In Terms Of Market Disruptors & Innovators
9.4 Strategies Adopted By Market Leaders
9.5 Competitive Benchmarking
10 Company Profiles
10.1 Browning
10.1.1 Company Overview
10.1.2 Financial Overview
10.1.3 Products/Services Offered
10.1.4 Key Developments
10.1.5 Swot Analysis
10.1.6 Key Strategies
10.2 Sports Afield
10.2.1 Company Overview
10.2.2 Financial Overview
10.2.3 Products Offered
10.2.4 Key Developments
10.2.5 Swot Analysis
10.2.6 Key Strategies
10.3 Granite Security Products, Inc.
10.3.1 Company Overview
10.3.2 Financial Overview
10.3.3 Products Offered
10.3.4 Key Developments
10.3.5 Swot Analysis
10.3.6 Key Strategies
10.4 Champion Safe
10.4.1 Company Overview
10.4.2 Financial Overview
10.4.3 Products Offered
10.4.4 Key Developments
10.4.5 Swot Analysis
10.4.6 Key Strategies
10.5 Bi –mart
10.5.1 Company Overview
10.5.2 Financial Overview
10.5.3 Products Offered
10.5.4 Key Developments
10.5.5 Swot Analysis
10.5.6 Key Strategies
10.6 Harbor Freight
10.6.1 Company Overview
10.6.2 Financial Overview
10.6.3 Products Offered
10.6.4 Key Developments
10.6.5 Swot Analysis
10.6.6 Key Strategies
10.7 Tractor Supply
10.7.1 Company Overview
10.7.2 Financial Overview
10.7.3 Products/Services Offered
10.7.4 Key Developments
10.7.5 Swot Analysis
10.7.6 Key Strategies
10.8 Rhino Metals, Inc
10.8.1 Company Overview
10.8.2 Financial Overview
10.8.3 Products/Services Offered
10.8.4 Key Developments
10.8.5 Swot Analysis
10.8.6 Key Strategies
10.9 Liberty Safe
10.9.1 Company Overview
10.9.2 Financial Overview
10.9.3 Products Offered
10.9.4 Key Developments
10.9.5 Swot Analysis
10.9.6 Key Strategies
10.10 Secureit Gun Storage
10.10.1 Company Overview
10.10.2 Financial Overview
10.10.3 Products Offered
10.10.4 Key Developments
10.10.5 Swot Analysis
10.10.6 Key Strategies
11 Appendix
11.1 References
11.2 Data Citations
List Of Tables
Table 1 Qfd Modeling For Market Share Assessment
Table 2 Us Gun Safe Market, By Type, 2019–2032 (Usd Million)
Table 3 Us Gun Safe Market, By Locking Mechanism, 2019–2032 (Usd Million)
Table 4 Us Gun Safe Market, By Application, 2019–2032 (Usd Million)
Table 5 Major Players In Terms Of Market Disruptors & Innovators
Table 6 Browning: Products/Services Offered
Table 7 Sports Afield: Products Offered
Table 8 Granite Security Products, Inc.: Products Offered
Table 9 Champion Safe: Products Offered
Table 10 Bi –mart: Products Offered
Table 11 Harbor Freight: Products Offered
Table 12 Tractor Supply: Products/Services Offered
Table 13 Rhino Metals, Inc: Products/Services Offered
Table 14 Liberty Safe: Products Offered
Table 15 Liberty Safe: Key Developments
Table 16 Secureit Gun Storage: Products Offered
List Of Figures
Figure 1 Us Gun Safe Market: Executive Summary
Figure 2 Us Gun Safe Market: Structure
Figure 3 Us Gun Safe Market: Market Growth Factor Analysis (2022-2032)
Figure 4 Driver Impact Analysis (2023-2032)
Figure 5 Restraint Impact Analysis (2022-2032)
Figure 6 Value Chain Analysis Of The Us Gun Safe Market
Figure 7 Porter’s Five Forces Analysis: Us Gun Safe Market
Figure 8 Us Gun Safe Market, By Type, 2022 & 2032 (Usd Million)
Figure 9 Us Gun Safe Market Share (%), By Type, 2022
Figure 10 Us Gun Safe Market, By Locking Mechanism, 2022 & 2032 (Usd Million)
Figure 11 Us Gun Safe Market Share (%), By Locking Mechanism, 2022
Figure 12 Us Gun Safe Market, By Application, 2022 & 2032 (Usd Million)
Figure 13 Us Gun Safe Market Share (%), By Application, 2022
Figure 14 Us Gun Safe Market Share Analysis, 2022 (%)
Figure 15 Benchmarking Of Major Competitors
Figure 16 Browning: Swot Analysis
Figure 17 Sports Afield: Swot Analysis
Figure 18 Granite Security Products, Inc.: Swot Analysis
Figure 19 Champion Safe: Swot Analysis
Figure 20 Bi –mart: Swot Analysis
Figure 21 Harbor Freight: Swot Analysis
Figure 22 Tractor Supply: Financial Overview Snapshot
Figure 23 Tractor Supply: Swot Analysis
Figure 24 Rhino Metals, Inc: Swot Analysis
Figure 25 Liberty Safe: Swot Analysis
Figure 26 Secureit Gun Storage: Swot Analysis

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