PUBLISHER: IMARC | PRODUCT CODE: 1287462
PUBLISHER: IMARC | PRODUCT CODE: 1287462
Safes and Vaults Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global safes and vaults market size reached US$ 4.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.8 Billion by 2028, exhibiting a growth rate (CAGR) of 7.4% during 2023-2028.
Safes and vaults refer to secure storage systems that are used for safekeeping valuable commodities under high-risk situations. They are containers manufactured using thick metal panels that are hard to cut or damage by applying force or external pressure. They are primarily used for protection against exposure to fire, moisture and chemicals, extreme weather conditions, theft, burglary, robbery and other forms of intrusion and unauthorized access. They can secure and protect monetary assets, arms and ammunition, sensitive documents, critical records, medial files and other items. Safes and vaults are available in a wide variety of shapes and sizes and are usually opened through passwords, passcodes or numerical pins.
Safes and Vaults Market Trends:
A significant increase in the crime rate and rising concerns regarding the safety of valuable assets among the masses are one of the key factors driving the growth of the market. In line with this, there is an increasing preference for safes and vaults that can be used for cash dispensing, storing media data, and laptops and are resistant to fire, shock and water. Furthermore, widespread product adoption by the healthcare industry is also driving the market growth. Pharmacists and healthcare institutions are increasingly utilizing password-protected safes and vaults to minimize prescription-related thefts and drug burglaries. Additionally, the increasing demand for technologically advanced variants that are integrated with alarms, video monitoring systems, seismic detectors, finger-print scanners and auto-locking mechanisms, is acting as another growth inducing factor. These systems aid in monitoring access to the safes and provide timely alerts in case of unauthorized access in the banking, non-banking and residential sectors.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global safes and vaults market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, function type, application and end user.
Breakup by Type:
Electronic
Biometric
Mechanical
Breakup by Function Type:
Cash Management Safes
Depository Safes
Gun Safes and Vaults
Vaults and Vault Doors
Media Safes
Others
Breakup by Application:
Residential
Commercial
Breakup by End User:
Banking Sector
Non-Banking Sector
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Access Security Products Ltd., ADT Inc., Alpha Safe & Vault, Inc., American Security Products Co., BJARSTAL, Bode-Panzer GmbH, Diebold Nixdorf, Dormakaba Holding AG, Godrej & Boyce Mfg. Co. Ltd. and Gunnebo Group.
Key Questions Answered in This Report
1. What was the size of the global safes and vaults market in 2022?
2. What is the expected growth rate of the global safes and vaults market during 2023-2028?
3. What are the key factors driving global safes and vaults market?
4. What has been the impact of COVID-19 on the global safes and vaults market?
5. What is the breakup of the global safes and vaults market based on the type?
6. What is the breakup of the global safes and vaults market based on the function type?
7. What is the breakup of the global safes and vaults market based on the application?
8. What is the breakup of the global safes and vaults market based on the end-user?
9. What are the key regions in the global safes and vaults market?
10. Who are the key players/companies in the global safes and vaults market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Safes and Vaults Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Electronic
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Biometric
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Mechanical
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Function Type
- 7.1 Cash Management Safes
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Depository Safes
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Gun Safes and Vaults
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Vaults and Vault Doors
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Media Safes
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Others
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
8 Market Breakup by Application
- 8.1 Residential
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Commercial
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by End User
- 9.1 Banking Sector
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Non-Banking Sector
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Access Security Products Ltd.
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.2 ADT Inc.
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.2.3 Financials
- 15.3.2.4 SWOT Analysis
- 15.3.3 Alpha Safe & Vault Inc.
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.4 American Security Products Co.
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.5 BJARSTAL
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.6 Bode-Panzer GmbH
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.7 Diebold Nixdorf
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 Financials
- 15.3.7.4 SWOT Analysis
- 15.3.8 Dormakaba Holding AG
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.9 Godrej & Boyce Mfg. Co. Ltd.
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.10 Gunnebo Group
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.10.3 Financials
- 15.3.1 Access Security Products Ltd.
List of Figures
- Figure 1: Global: Safes and Vaults Market: Major Drivers and Challenges
- Figure 2: Global: Safes and Vaults Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Safes and Vaults Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Safes and Vaults Market: Breakup by Type (in %), 2022
- Figure 5: Global: Safes and Vaults Market: Breakup by Function Type (in %), 2022
- Figure 6: Global: Safes and Vaults Market: Breakup by Application (in %), 2022
- Figure 7: Global: Safes and Vaults Market: Breakup by End User (in %), 2022
- Figure 8: Global: Safes and Vaults Market: Breakup by Region (in %), 2022
- Figure 9: Global: Safes and Vaults (Electronic) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Safes and Vaults (Electronic) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Safes and Vaults (Biometric) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Safes and Vaults (Biometric) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Safes and Vaults (Mechanical) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Safes and Vaults (Mechanical) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Safes and Vaults (Cash Management Safes) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Safes and Vaults (Cash Management Safes) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Safes and Vaults (Depository Safes) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Safes and Vaults (Depository Safes) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Safes and Vaults (Gun Safes and Vaults) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Safes and Vaults (Gun Safes and Vaults) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Safes and Vaults (Vaults and Vault Doors) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Safes and Vaults (Vaults and Vault Doors) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Safes and Vaults (Media Safes) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Safes and Vaults (Media Safes) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Safes and Vaults (Other Function Types) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Global: Safes and Vaults (Other Function Types) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Global: Safes and Vaults (Residential) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Global: Safes and Vaults (Residential) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: Global: Safes and Vaults (Commercial) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: Global: Safes and Vaults (Commercial) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Global: Safes and Vaults (Banking Sector) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Global: Safes and Vaults (Banking Sector) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: Global: Safes and Vaults (Non-Banking Sector) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: Global: Safes and Vaults (Non-Banking Sector) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: North America: Safes and Vaults Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: North America: Safes and Vaults Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: United States: Safes and Vaults Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: United States: Safes and Vaults Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: Canada: Safes and Vaults Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: Canada: Safes and Vaults Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: Asia Pacific: Safes and Vaults Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: Asia Pacific: Safes and Vaults Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: China: Safes and Vaults Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: China: Safes and Vaults Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: Japan: Safes and Vaults Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: Japan: Safes and Vaults Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: India: Safes and Vaults Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: India: Safes and Vaults Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: South Korea: Safes and Vaults Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: South Korea: Safes and Vaults Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Australia: Safes and Vaults Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Australia: Safes and Vaults Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: Indonesia: Safes and Vaults Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: Indonesia: Safes and Vaults Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: Others: Safes and Vaults Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: Others: Safes and Vaults Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Europe: Safes and Vaults Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Europe: Safes and Vaults Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: Germany: Safes and Vaults Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: Germany: Safes and Vaults Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: France: Safes and Vaults Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: France: Safes and Vaults Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: United Kingdom: Safes and Vaults Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: United Kingdom: Safes and Vaults Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Italy: Safes and Vaults Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Italy: Safes and Vaults Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Spain: Safes and Vaults Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Spain: Safes and Vaults Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Russia: Safes and Vaults Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: Russia: Safes and Vaults Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: Others: Safes and Vaults Market: Sales Value (in Million US$), 2017 & 2022
- Figure 72: Others: Safes and Vaults Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Latin America: Safes and Vaults Market: Sales Value (in Million US$), 2017 & 2022
- Figure 74: Latin America: Safes and Vaults Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 75: Brazil: Safes and Vaults Market: Sales Value (in Million US$), 2017 & 2022
- Figure 76: Brazil: Safes and Vaults Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 77: Mexico: Safes and Vaults Market: Sales Value (in Million US$), 2017 & 2022
- Figure 78: Mexico: Safes and Vaults Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 79: Others: Safes and Vaults Market: Sales Value (in Million US$), 2017 & 2022
- Figure 80: Others: Safes and Vaults Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 81: Middle East and Africa: Safes and Vaults Market: Sales Value (in Million US$), 2017 & 2022
- Figure 82: Middle East and Africa: Safes and Vaults Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 83: Global: Safes and Vaults Industry: SWOT Analysis
- Figure 84: Global: Safes and Vaults Industry: Value Chain Analysis
- Figure 85: Global: Safes and Vaults Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Safes and Vaults Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Safes and Vaults Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Safes and Vaults Market Forecast: Breakup by Function Type (in Million US$), 2023-2028
- Table 4: Global: Safes and Vaults Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 5: Global: Safes and Vaults Market Forecast: Breakup by End User (in Million US$), 2023-2028
- Table 6: Global: Safes and Vaults Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 7: Global: Safes and Vaults Market: Competitive Structure
- Table 8: Global: Safes and Vaults Market: Key Players
