Global Safes And Vaults Market Size, Forecasts, And Opportunities – Includes Safes And Vaults Market Outlook
Learn about the global safes and vaults market through The Business Research Company, which provides information on safes and vaults market size, safes and vaults market drivers and restraints, safes and vaults market players, the COVID-19 impact on the safes and vaults market, and more.
The global safes and vaults market size is expected to grow from $5.33 billion in 2021 to $5.80 billion in 2022 at a compound annual growth rate (CAGR) of 8.87%. The global safe and vault market size is expected to grow to $7.62 billion in 2026 at a CAGR of 7.03%.
The increase in crime rate and concern about the safety of valuable assets are expected to propel the growth of the safes and vaults market.
Request A Sample For The Global Safes And Vaults Market Report:
The safes and vaults market consists of sales of safes and vaults by entities (organizations, sole traders, and partnerships) that refer to a secure storage system designed to store valuable assets such as money, jewels, valuable documents, and records. Safes and vaults are made up of thick and secure materials to provide protection from theft. Technologically advanced safes and vaults are present with various technology such as fingerprint access, fire-proof safe, flood-proof, and electronic safes.
Global safes and vaults market segments include:
By Type: Cash Management Safes, Depository Safes, Gun Safes and Vaults, Vault and Vault Doors, Media Safes, Others
By Application: Residential, Commercial
By Distribution Channel: Online, Offline
By End-User: Banking Sector, Non-Banking Sector
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the safes and vaults market in 2021
Fingerprint-based technologically advanced safes are a key trend in the safes and vault market. Fingerprint-based safes consist of a biometric fingerprint scanner, which scans and stores a detailed image of the fingerprint in encrypted digital format. Once the fingerprints are stored, the biometric scanner recognizes each user’s fingerprint to provide safe and secured access to assets within the system
Major Market Players: Access Security Products, Alpha Safe & Vault, American Security Products, BJARSTAL, Bode-Panzer, Diebold Nixdorf, Godrej & Boyce, Gunnebo Group, American Security Products Co, Acme Security Systems, CARADONNA, Kumahira Co., Ltd., KASO, Shinjin Safes, and Safeguard Safes.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Safes And Vaults Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides safes and vaults market overviews, analyzes and forecasts market size, share, safes and vaults market players, safes and vaults market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s safes and vaults market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Here Is A List Of Similar Reports From The Business Research Company:
Interested To Know More About The Business Research Company?
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company
Follow us on Twitter: https://twitter.com/tbrc_info
Check out our Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: