+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Safes and Vaults - Global Market Trajectory & Analytics

  • ID: 338768
  • Report
  • July 2020
  • Region: Global
  • 275 Pages
  • Global Industry Analysts, Inc
1 of 2
Global Safes and Vaults Market to Reach US$5.9 Billion by the Year 2027

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 a CAGR of 3.7% over the period 2020-2027.Safes, one of the segments analyzed in the report, is projected to grow at a 4.3% CAGR to 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. This segment currently accounts for a 36.4% share of the global Safes and Vaults market.

The U. S. Accounts for Over 27% of Global Market Size in 2020, While China is Forecast to Grow at a 6.7% CAGR for the Period of 2020-2027

The Safes and Vaults market in the U. S. is estimated at US$1.2 Billion in the year 2020. The country currently accounts for a 26.97% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$1.3 Billion in the year 2027 trailing a CAGR of 6.7% through 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 while Rest of European market (as defined in the study) will reach US$1.3 Billion by the year 2027.The publisher brings 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.

Competitors identified in this market include, among others
  • 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

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
2 of 2

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Safes and Vaults: Safeguarding and Securing Assetsfor 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 Doesthe Future Lie?

Convergence with Advanced CommunicationTechnologies Set to Become a Norm

Sophisticated Gun Safes and Vaults for HomeDefense

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 Growthfor Gun Safes and Vaults

Key Considerations while Selecting GunSafe Models

Gun Safes Manufacturers Innovate to Stay Ahead ofthe Game

Steel

More Stylish Designs

Improved Locking Systems

Alarms and Additional Features

Faster Access

Multifunctional Use

Discrete Concealment

Mounting Digital Media Penetration Augurs Wellfor Data Media Safes

Safes and Vaults Emerge as Key Customer ServiceStrategy in Hospitality Industry

Portable Safes Emerge as a Potent Instrument ofSecurity for Frequent Travelers

Government, Military & Security Services: DominantUsers of Safes and Vaults

Wall & Floor Safes Continue to Remaina Popular Option

Sales of Home Safes Gain Momentum

Modular Safes Offer Easy Portability and Installation

Fireproof Safes Provide Efficient Protection fromIntense Heat

Custom Safes: A Suitable Option for AddressingDiverse Needs

Housing Construction & Renovation: An ImportantGrowth Driver

Safes and Vaults Standards: Essential for High-endSecurity Models

Safes and Vaults Innovations and Advancements:Spearheading Growth

Internet Protocol (IP) Enabled Safes: The NextBig Thing in Safe Technology

Next-Generation Gun Safes and Vaults for Vehicles

Advanced Storage Options from TuffySecurity 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

TABLE 1: Safes and Vaults Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
TABLE 2: Safes and Vaults Global Retrospective Market Scenario in US$ Thousand by Region/Country: 2012-2019
TABLE 3: Safes and Vaults Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
TABLE 4: Safes (Segment) World Market by Region/Country in US$ Thousand: 2020 to 2027
TABLE 5: Safes (Segment) Historic Market Analysis by Region/Country in US$ Thousand: 2012 to 2019
TABLE 6: Safes (Segment) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
TABLE 7: Vaults (Segment) Potential Growth Markets Worldwide in US$ Thousand: 2020 to 2027
TABLE 8: Vaults (Segment) Historic Market Perspective by Region/Country in US$ Thousand: 2012 to 2019
TABLE 9: Vaults (Segment) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US Safes and Vaults Market Share (in %) by Company: 2020 & 2025

Market Analytics
TABLE 10: United States Safes and Vaults Market Estimates and Projections in US$ Thousand by Segment: 2020 to 2027
TABLE 11: Safes and Vaults Market in the United States by Segment: A Historic Review in US$ Thousand for 2012-2019
TABLE 12: United States Safes and Vaults Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

CANADA

TABLE 13: Canadian Safes and Vaults Market Estimates and Forecasts in US$ Thousand by Segment: 2020 to 2027
TABLE 14: Canadian Safes and Vaults Historic Market Review by Segment in US$ Thousand: 2012-2019
TABLE 15: Safes and Vaults Market in Canada: Percentage Share Breakdown of Sales by Segment for 2012, 2020, and 2027

JAPAN

TABLE 16: Japanese Market for Safes and Vaults: Annual Sales Estimates and Projections in US$ Thousand by Segment for the Period 2020-2027
TABLE 17: Safes and Vaults Market in Japan: Historic Sales Analysis in US$ Thousand by Segment for the Period 2012-2019
TABLE 18: Japanese Safes and Vaults Market Share Analysis by Segment: 2012 VS 2020 VS 2027

CHINA

TABLE 19: Chinese Safes and Vaults Market Growth Prospects in US$ Thousand by Segment for the Period 2020-2027
TABLE 20: Safes and Vaults Historic Market Analysis in China in US$ Thousand by Segment: 2012-2019
TABLE 21: Chinese Safes and Vaults Market by Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027

EUROPE

Market Facts & Figures

European Safes and Vaults Market: Competitor Market Share Scenario (in %) for 2020 & 2025

Market Analytics
TABLE 22: European Safes and Vaults Market Demand Scenario in US$ Thousand by Region/Country: 2020-2027
TABLE 23: Safes and Vaults Market in Europe: A Historic Market Perspective in US$ Thousand by Region/Country for the Period 2012-2019
TABLE 24: European Safes and Vaults Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
TABLE 25: European Safes and Vaults Market Estimates and Forecasts in US$ Thousand by Segment: 2020-2027
TABLE 26: Safes and Vaults Market in Europe in US$ Thousand by Segment: A Historic Review for the Period 2012-2019
TABLE 27: European Safes and Vaults Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

FRANCE

TABLE 28: Safes and Vaults Market in France by Segment: Estimates and Projections in US$ Thousand for the Period 2020-2027
TABLE 29: French Safes and Vaults Historic Market Scenario in US$ Thousand by Segment: 2012-2019
TABLE 30: French Safes and Vaults Market Share Analysis by Segment: 2012 VS 2020 VS 2027

GERMANY

TABLE 31: Safes and Vaults Market in Germany: Recent Past, Current and Future Analysis in US$ Thousand by Segment for the Period 2020-2027
TABLE 32: German Safes and Vaults Historic Market Analysis in US$ Thousand by Segment: 2012-2019
TABLE 33: German Safes and Vaults Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

ITALY

TABLE 34: Italian Safes and Vaults Market Growth Prospects in US$ Thousand by Segment for the Period 2020-2027
TABLE 35: Safes and Vaults Historic Market Analysis in Italy in US$ Thousand by Segment: 2012-2019
TABLE 36: Italian Safes and Vaults Market by Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027

UNITED KINGDOM

TABLE 37: United Kingdom Market for Safes and Vaults: Annual Sales Estimates and Projections in US$ Thousand by Segment for the Period 2020-2027
TABLE 38: Safes and Vaults Market in the United Kingdom: Historic Sales Analysis in US$ Thousand by Segment for the Period 2012-2019
TABLE 39: United Kingdom Safes and Vaults Market Share Analysis by Segment: 2012 VS 2020 VS 2027

SPAIN

TABLE 40: Spanish Safes and Vaults Market Estimates and Forecasts in US$ Thousand by Segment: 2020 to 2027
TABLE 41: Spanish Safes and Vaults Historic Market Review by Segment in US$ Thousand: 2012-2019
TABLE 42: Safes and Vaults Market in Spain: Percentage Share Breakdown of Sales by Segment for 2012, 2020, and 2027

RUSSIA

TABLE 43: Russian Safes and Vaults Market Estimates and Projections in US$ Thousand by Segment: 2020 to 2027
TABLE 44: Safes and Vaults Market in Russia by Segment: A Historic Review in US$ Thousand for 2012-2019
TABLE 45: Russian Safes and Vaults Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

REST OF EUROPE

TABLE 46: Rest of Europe Safes and Vaults Market Estimates and Forecasts in US$ Thousand by Segment: 2020-2027
TABLE 47: Safes and Vaults Market in Rest of Europe in US$ Thousand by Segment: A Historic Review for the Period 2012-2019
TABLE 48: Rest of Europe Safes and Vaults Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

ASIA-PACIFIC

TABLE 49: Asia-Pacific Safes and Vaults Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
TABLE 50: Safes and Vaults Market in Asia-Pacific: Historic Market Analysis in US$ Thousand by Region/Country for the Period 2012-2019
TABLE 51: Asia-Pacific Safes and Vaults Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027
TABLE 52: Safes and Vaults Market in Asia-Pacific by Segment: Estimates and Projections in US$ Thousand for the Period 2020-2027
TABLE 53: Asia-Pacific Safes and Vaults Historic Market Scenario in US$ Thousand by Segment: 2012-2019
TABLE 54: Asia-Pacific Safes and Vaults Market Share Analysis by Segment: 2012 VS 2020 VS 2027

AUSTRALIA

TABLE 55: Safes and Vaults Market in Australia: Recent Past, Current and Future Analysis in US$ Thousand by Segment for the Period 2020-2027
TABLE 56: Australian Safes and Vaults Historic Market Analysis in US$ Thousand by Segment: 2012-2019
TABLE 57: Australian Safes and Vaults Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

INDIA

TABLE 58: Indian Safes and Vaults Market Estimates and Forecasts in US$ Thousand by Segment: 2020 to 2027
TABLE 59: Indian Safes and Vaults Historic Market Review by Segment in US$ Thousand: 2012-2019
TABLE 60: Safes and Vaults Market in India: Percentage Share Breakdown of Sales by Segment for 2012, 2020, and 2027

SOUTH KOREA

TABLE 61: Safes and Vaults Market in South Korea: Recent Past, Current and Future Analysis in US$ Thousand by Segment for the Period 2020-2027
TABLE 62: South Korean Safes and Vaults Historic Market Analysis in US$ Thousand by Segment: 2012-2019
TABLE 63: Safes and Vaults Market Share Distribution in South Korea by Segment: 2012 VS 2020 VS 2027

REST OF ASIA-PACIFIC

TABLE 64: Rest of Asia-Pacific Market for Safes and Vaults: Annual Sales Estimates and Projections in US$ Thousand by Segment for the Period 2020-2027
TABLE 65: Safes and Vaults Market in Rest of Asia-Pacific: Historic Sales Analysis in US$ Thousand by Segment for the Period 2012-2019
TABLE 66: Rest of Asia-Pacific Safes and Vaults Market Share Analysis by Segment: 2012 VS 2020 VS 2027

LATIN AMERICA

TABLE 67: Latin American Safes and Vaults Market Trends by Region/Country in US$ Thousand: 2020-2027
TABLE 68: Safes and Vaults Market in Latin America in US$ Thousand by Region/Country: A Historic Perspective for the Period 2012-2019
TABLE 69: Latin American Safes and Vaults Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027
TABLE 70: Latin American Safes and Vaults Market Growth Prospects in US$ Thousand by Segment for the Period 2020-2027
TABLE 71: Safes and Vaults Historic Market Analysis in Latin America in US$ Thousand by Segment: 2012-2019
TABLE 72: Latin American Safes and Vaults Marketby Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027

ARGENTINA

TABLE 73: Argentinean Safes and Vaults Market Estimates and Forecasts in US$ Thousand by Segment: 2020-2027
TABLE 74: Safes and Vaults Market in Argentina in US$ Thousand by Segment: A Historic Review for the Period 2012-2019
TABLE 75: Argentinean Safes and Vaults Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

BRAZIL

TABLE 76: Safes and Vaults Market in Brazil by Segment: Estimates and Projections in US$ Thousand for the Period 2020-2027
TABLE 77: Brazilian Safes and Vaults Historic Market Scenario in US$ Thousand by Segment: 2012-2019
TABLE 78: Brazilian Safes and Vaults Market Share Analysis by Segment: 2012 VS 2020 VS 2027

MEXICO

TABLE 79: Safes and Vaults Market in Mexico: Recent Past, Current and Future Analysis in US$ Thousand by Segment for the Period 2020-2027
TABLE 80: Mexican Safes and Vaults Historic Market Analysis in US$ Thousand by Segment: 2012-2019
TABLE 81: Mexican Safes and Vaults Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

REST OF LATIN AMERICA

TABLE 82: Rest of Latin America Safes and Vaults Market Estimates and Projections in US$ Thousand by Segment: 2020 to 2027
TABLE 83: Safes and Vaults Market in Rest of Latin America by Segment: A Historic Review in US$ Thousand for 2012-2019
TABLE 84: Rest of Latin America Safes and Vaults Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

MIDDLE EAST

TABLE 85: The Middle East Safes and Vaults Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
TABLE 86: Safes and Vaults Market in the Middle East by Region/Country in US$ Thousand: 2012-2019
TABLE 87: The Middle East Safes and Vaults Market Share Breakdown by Region/Country: 2012, 2020, and 2027
TABLE 88: The Middle East Safes and Vaults Market Estimates and Forecasts in US$ Thousand by Segment: 2020 to 2027
TABLE 89: The Middle East Safes and Vaults Historic Marketby Segment in US$ Thousand: 2012-2019
TABLE 90: Safes and Vaults Market in the Middle East: Percentage Share Breakdown of Salesby Segment for 2012,2020, and 2027

IRAN

TABLE 91: Iranian Market for Safes and Vaults: Annual Sales Estimates and Projections in US$ Thousand by Segment for the Period 2020-2027
TABLE 92: Safes and Vaults Market in Iran: Historic Sales Analysis in US$ Thousand by Segment for the Period 2012-2019
TABLE 93: Iranian Safes and Vaults Market Share Analysis by Segment: 2012 VS 2020 VS 2027

ISRAEL

TABLE 94: Israeli Safes and Vaults Market Estimates and Forecasts in US$ Thousand by Segment: 2020-2027
TABLE 95: Safes and Vaults Market in Israel in US$ Thousand by Segment: A Historic Review for the Period 2012-2019
TABLE 96: Israeli Safes and Vaults Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

SAUDI ARABIA

TABLE 97: Saudi Arabian Safes and Vaults Market Growth Prospects in US$ Thousand by Segment for the Period 2020-2027
TABLE 98: Safes and Vaults Historic Market Analysis in Saudi Arabia in US$ Thousand by Segment: 2012-2019
TABLE 99: Saudi Arabian Safes and Vaults Market by Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027

UNITED ARAB EMIRATES

TABLE 100: Safes and Vaults Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Thousand by Segment for the Period 2020-2027
TABLE 101: United Arab Emirates Safes and Vaults Historic Market Analysis in US$ Thousand by Segment: 2012-2019
TABLE 102: Safes and Vaults Market Share Distribution in United Arab Emirates by Segment: 2012 VS 2020 VS 2027

REST OF MIDDLE EAST

TABLE 103: Safes and Vaults Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ Thousand by Segment for the Period 2020-2027
TABLE 104: Rest of Middle East Safes and Vaults Historic Market Analysis in US$ Thousand by Segment: 2012-2019
TABLE 105: Rest of Middle East Safes and Vaults Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

AFRICA

TABLE 106: African Safes and Vaults Market Estimates and Projections in US$ Thousand by Segment: 2020 to 2027
TABLE 107: Safes and Vaults Market in Africa by Segment: A Historic Review in US$ Thousand for 2012-2019
TABLE 108: African Safes and Vaults Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

IV. COMPETITION

Total Companies Profiled: 137

Note: Product cover images may vary from those shown
3 of 2

Loading
LOADING...

Adroll
adroll