Safes and vaults are secure storage items used for the protection of valuables from threats, such as fire breakouts and burglar attacks. In many cases, they are used to prevent unauthorized access to potentially valuable items placed in them. With the advance of technology, safes and vaults are being electronically integrated to create smart systems. In Europe, the manufacturers of safes and vaults have a wide variety in their product portfolio to meet the needs of different customers. The key end customers for this segment are the banking sector, retail sector, industrial and high-risk sector, and individual customers.
Technavio’s analysts forecast the safes and vaults market in Europe to grow at a CAGR of 6.12% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the safes and vaults market in Europe for 2017-2021. To calculate the market size, the report covers the detailed analysis of major vendors and a brief about other prominent vendors of safes and vaults market in Europe.
Technavio's report, Safes and Vaults Market in Europe 2017-2021, 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.
Other prominent vendors • Bravarija Piljek • Door System • Ferocon • Hexa • Morichini Sicurezza • Stark
Market driver • Rise in adoption of gun safes and vaults. • For a full, detailed list, view our report
Market challenge • High total cost of ownership and low repeat purchase. • For a full, detailed list, view our report
Market trend • Emergence of smart safes for retail sector. • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 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?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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