Global Safes and Vaults Industry

Global Safes and Vaults Industry

  • February 2020 •
  • 158 pages •
  • Report ID: 90635 •
  • Format: PDF
Safes and Vaults market worldwide is projected to grow by US$1.8 Billion, driven by a compounded growth of 4.9%. Safes, one of the segments analyzed and sized in this study, displays the potential to grow at over 5.6%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$4.1 Billion by the year 2025, Safes will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 3.8% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$62.3 Million to the region’s size and clout in the next 5 to 6 years. Over US$50.2 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Safes will reach a market size of US$219.6 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 8% over the next couple of years and add approximately US$530.4 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- 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.
  • Bumil Safe Mfg. Co., Ltd.
  • Cannon Safe, Inc.
  • Citysafe
  • Diebold Nixdorf
  • dormakaba Holding AG
  • Firelock Fireproof Modular Vaults
  • FireKing Security Group
  • Format Tresorbau GmbH & Co. KG
  • Fort Knox Inc.
  • GARDEX 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
  • Sentry Group, Inc.
  • Stark Safes Srl
  • Technomax Srl