Report Format:  
| Pages: 400+
Type: Niche Industry Monitor
| ID: BS3812
| Publication: March 2022
|
US$2,945 |
DataCube Research Says the Global Safes and Vaults Market to Surpass US$ XX billion by 2031, Growing at a Significant CAGR of over XX% between 2022 and 2031.
With the increase in the number of burglaries in the society, security of assets has become a priority for all. Nowadays, burglars have become tech-savvy and have advanced equipment which increases the need for keeping cash, ornaments and other valuables under safe custody. In today’s hi-tech world demand for technologically advanced safes and vaults has increased at a considerable rate. Further, this trend is anticipated to continue throughout the forecast period owing to an increase in awareness among end-users to safeguards their assets.
Increase in the number of burglaries incidents has raised the uptake of enhanced safes such as biometric & fingerprint safes and high-security burglar safes especially in the non-banking sector, in the recent past. Further, expansion of retail industry across the globe is anticipated to boost the demand for safes and vaults at a significant rate. However, increasing penetration of digital payments and lack of adoption in emerging countries have an adverse effect on the safes and vaults market size.
The global safes and vaults market has been segmented based on type, price-range, distribution channel, end users, and region.
By type, the safes and vaults market is segmented into burglar & fire safes, cash dispensing safes, data media safes, depository safes, hotel safes, laptop safes, modular safes, under counter safes, and others. In 2021, the cash dispensing safes and depository safes segments represented over XX% share of the overall safes and vaults market revenue. This is attributed to the increase in awareness among end users about security against theft and burglary, availability of advanced cash dispensing safes and depository, and an increase in the number of cash-intensive environment facilities. In terms of growth, the media safes segment is anticipated to expand at the second-highest CAGR of around XX% during the forecast period.
Based on end users, the safes and vaults market is bifurcated into banking sectors and non-banking sector segments. By non-banking sector, the safes and vaults market is further analyzed across hotels, restaurant, pharmacy and drug store, supermarket, and others. In 2019, the banking segment dominated the safes and vaults market. Additionally, the segment is projected to continue its dominance throughout the forecast period owing to increase in demand for high-security infrastructure solutions from banks, growth in penetration of commercial banks across the globe, and increase in need for adoption and deployment of advanced safes and vaults in banks to gain customer confidence.
Based on price-range, the safes and vaults market is bifurcated into below $1000, $1000-below $3000, $3000-below $5000, and $5000 and above segments. By distribution channel, the safes and vaults market is segmented into online stores and bricks & mortar stores.
By region, the global safes and vaults market is analyzed across North America, Latin America, Western Europe, Eastern Europe, Middle East and Africa, and Asia Pacific. In 2021, North America dominated the overall safes and vaults market. This is primarily attributed to the awareness among end users about adoption of safes and vaults, highly lucrative retail industry, availability of advanced safes and vaults with added security features, continuous advancements and investment on R&D to improve security features, and effective & customer-friendly distribution channels. While, in terms of growth, the Asia Pacific region is anticipated to emerge as the highest growing region owing to increasing awareness among end user about cash and asset security, rise in penetration of advanced safes and vaults, and continuous advancements in technologies.
Prominent players identified in the safes and vaults industry are Godrej & Boyce Manufacturing Co. Limited, FireKing Security Group, American Security Products Co., Gardall Safe Corporation, HAYMAN Safe Co Inc., Hollon Safe, Mesa Safe Company, Mutual Safe Group, Phoenix Safe Co., Alpha Safe & Vault, Inc., and Gunnebo Industries AB among others. Key vendors in the safes and vaults industry are focused towards introducing advanced safes and vaults enriched with enhanced security and safety technologies features to meet the increasing demand from end users.
By Type
By Price-range
By Distribution Channel
By End User
By Geography
Prominent Players Captured and Analysed in the Safes and Vaults Market study
Figure 01: Safes and Vaults Market Size and Forecast, 2019-2031 (US$ Million)
Figure 02: Safes and Vaults Market Year-on-Year Growth (%), 2021-2031
Figure 03: Safes and Vaults Market Share Analysis by Type (%), 2021 & 2031
Figure 04: Safes and Vaults Market Attractiveness by Type, 2021
Figure 05: Safes and Vaults Market Year-on-Year Growth (%) by Type, 2021-2031
Figure 06: Safes and Vaults Market Share Analysis by Price Range (%), 2021 & 2031
Figure 07: Safes and Vaults Market Attractiveness by Price Range, 2021
Figure 08: Safes and Vaults Market Year-on-Year Growth (%) by Price Range, 2021-2031
Figure 09: Safes and Vaults Market Share Analysis by Distribution Channel (%), 2021 & 2031
Figure 10: Safes and Vaults Market Attractiveness by Distribution Channel, 2021
Figure 11: Safes and Vaults Market Year-on-Year Growth (%) by Distribution Channel, 2021-2031
Figure 12: Safes and Vaults Market Share Analysis by End User (%), 2021 & 2031
Figure 13: Safes and Vaults Market Attractiveness by End User, 2021
Figure 14: Safes and Vaults Market Year-on-Year Growth (%) by End User, 2021-2031
Figure 15: Safes and Vaults Market Share Analysis by Region (%), 2021 & 2031
Figure 16: Safes and Vaults Market Attractiveness by Region, 2021
Figure 17: Safes and Vaults Market Year-on-Year Growth (%) by Region, 2021-2031
Figure 18: North America Safes and Vaults Market Share Analysis by Type (%), 2021 & 2031
Figure 19: North America Safes and Vaults Market Year-on-Year Growth (%) by Type, 2021-2031
Figure 20: North America Safes and Vaults Market Share Analysis by Price Range (%), 2021 & 2031
Figure 21: North America Safes and Vaults Market Year-on-Year Growth (%) by Price Range, 2021-2031
Figure 22: North America Safes and Vaults Market Share Analysis by Distribution Channel (%), 2021 & 2031
Figure 23: North America Safes and Vaults Market Year-on-Year Growth (%) by Distribution Channel, 2021-2031
Figure 24: North America Safes and Vaults Market Share Analysis by End User (%), 2021 & 2031
Figure 25: North America Safes and Vaults Market Year-on-Year Growth (%) by End User, 2021-2031
Figure 26: North America Safes and Vaults Market Share Analysis by Country (%), 2021 & 2031
Figure 27: North America Safes and Vaults Market Year-on-Year Growth (%) by Country, 2021-2031
Figure 28: Western Europe Safes and Vaults Market Share Analysis by Type (%), 2021 & 2031
Figure 29: Western Europe Safes and Vaults Market Year-on-Year Growth (%) by Type, 2021-2031
Figure 30: Western Europe Safes and Vaults Market Share Analysis by Price Range (%), 2021 & 2031
Figure 31: Western Europe Safes and Vaults Market Year-on-Year Growth (%) by Price Range, 2021-2031
Figure 32: Western Europe Safes and Vaults Market Share Analysis by Distribution Channel (%), 2021 & 2031
Figure 33: Western Europe Safes and Vaults Market Year-on-Year Growth (%) by Distribution Channel, 2021-2031
Figure 34: Western Europe Safes and Vaults Market Share Analysis by End User (%), 2021 & 2031
Figure 35: Western Europe Safes and Vaults Market Year-on-Year Growth (%) by End User, 2021-2031
Figure 36: Western Europe Safes and Vaults Market Share Analysis by Country (%), 2021 & 2031
Figure 37: Western Europe Safes and Vaults Market Year-on-Year Growth (%) by Country, 2021-2031
Figure 38: Eastern Europe Safes and Vaults Market Share Analysis by Type (%), 2021 & 2031
Figure 39: Eastern Europe Safes and Vaults Market Year-on-Year Growth (%) by Type, 2021-2031
Figure 40: Eastern Europe Safes and Vaults Market Share Analysis by Price Range (%), 2021 & 2031
Figure 41: Eastern Europe Safes and Vaults Market Year-on-Year Growth (%) by Price Range, 2021-2031
Figure 42: Eastern Europe Safes and Vaults Market Share Analysis by Distribution Channel (%), 2021 & 2031
Figure 43: Eastern Europe Safes and Vaults Market Year-on-Year Growth (%) by Distribution Channel, 2021-2031
Figure 44: Eastern Europe Safes and Vaults Market Share Analysis by End User (%), 2021 & 2031
Figure 45: Eastern Europe Safes and Vaults Market Year-on-Year Growth (%) by End User, 2021-2031
Figure 46: Eastern Europe Safes and Vaults Market Share Analysis by Country (%), 2021 & 2031
Figure 47: Eastern Europe Safes and Vaults Market Year-on-Year Growth (%) by Country, 2021-2031
Figure 48: Asia Pacific Safes and Vaults Market Share Analysis by Type (%), 2021 & 2031
Figure 49: Asia Pacific Safes and Vaults Market Year-on-Year Growth (%) by Type, 2021-2031
Figure 50: Asia Pacific Safes and Vaults Market Share Analysis by Price Range (%), 2021 & 2031
Figure 51: Asia Pacific Safes and Vaults Market Year-on-Year Growth (%) by Price Range, 2021-2031
Figure 52: Asia Pacific Safes and Vaults Market Share Analysis by Distribution Channel (%), 2021 & 2031
Figure 53: Asia Pacific Safes and Vaults Market Year-on-Year Growth (%) by Distribution Channel, 2021-2031
Figure 54: Asia Pacific Safes and Vaults Market Share Analysis by End User (%), 2021 & 2031
Figure 55: Asia Pacific Safes and Vaults Market Year-on-Year Growth (%) by End User, 2021-2031
Figure 56: Asia Pacific Safes and Vaults Market Share Analysis by Country (%), 2021 & 2031
Figure 57: Asia Pacific Safes and Vaults Market Year-on-Year Growth (%) by Country, 2021-2031
Figure 58: Latin America Safes and Vaults Market Share Analysis by Type (%), 2021 & 2031
Figure 59: Latin America Safes and Vaults Market Year-on-Year Growth (%) by Type, 2021-2031
Figure 60: Latin America Safes and Vaults Market Share Analysis by Price Range (%), 2021 & 2031
Figure 61: Latin America Safes and Vaults Market Year-on-Year Growth (%) by Price Range, 2021-2031
Figure 62: Latin America Safes and Vaults Market Share Analysis by Distribution Channel (%), 2021 & 2031
Figure 63: Latin America Safes and Vaults Market Year-on-Year Growth (%) by Distribution Channel, 2021-2031
Figure 64: Latin America Safes and Vaults Market Share Analysis by End User (%), 2021 & 2031
Figure 65: Latin America Safes and Vaults Market Year-on-Year Growth (%) by End User, 2021-2031
Figure 66: Latin America Safes and Vaults Market Share Analysis by Country (%), 2021 & 2031
Figure 67: Latin America Safes and Vaults Market Year-on-Year Growth (%) by Country, 2021-2031
Figure 68: Middle East and Africa Safes and Vaults Market Share Analysis by Type (%), 2021 & 2031
Figure 69: Middle East and Africa Safes and Vaults Market Year-on-Year Growth (%) by Type, 2021-2031
Figure 70: Middle East and Africa Safes and Vaults Market Share Analysis by Price Range (%), 2021 & 2031
Figure 71: Middle East and Africa Safes and Vaults Market Year-on-Year Growth (%) by Price Range, 2021-2031
Figure 72: Middle East and Africa Safes and Vaults Market Share Analysis by Distribution Channel (%), 2021 & 2031
Figure 73: Middle East and Africa Safes and Vaults Market Year-on-Year Growth (%) by Distribution Channel, 2021-2031
Figure 74: Middle East and Africa Safes and Vaults Market Share Analysis by End User (%), 2021 & 2031
Figure 75: Middle East and Africa Safes and Vaults Market Year-on-Year Growth (%) by End User, 2021-2031
Figure 76: Middle East and Africa Safes and Vaults Market Share Analysis by Country (%), 2021 & 2031
Figure 77: Middle East and Africa Safes and Vaults Market Year-on-Year Growth (%) by Country, 2021-2031
Table 01: Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by Type
Table 02: Safes and Vaults Market Incremental Revenue Opportunity by Type, 2021-2031
Table 03: Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by Price Range
Table 04: Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by Price Range, 2021-2031
Table 05: Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by Distribution Channel
Table 06: Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by Distribution Channel, 2021-2031
Table 07: Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by End User
Table 08: Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by End User, 2021-2031
Table 09: Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by Region
Table 10: Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by Region, 2021-2031
Table 11: North America Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by Type
Table 12: North America Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by Type, 2021-2031
Table 13: North America Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by Price Range
Table 14: North America Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by Price Range, 2021-2031
Table 15: North America Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by Distribution Channel
Table 16: North America Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by Distribution Channel, 2021-2031
Table 17: North America Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by End User
Table 18: North America Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by End User, 2021-2031
Table 19: North America Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by Country
Table 20: North America Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by Country, 2021-2031
Table 21: Western Europe Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by Type
Table 22: Western Europe Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by Type, 2021-2031
Table 23: Western Europe Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by Price Range
Table 24: Western Europe Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by Price Range, 2021-2031
Table 25: Western Europe Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by Distribution Channel
Table 26: Western Europe Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by Distribution Channel, 2021-2031
Table 27: Western Europe Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by End User
Table 28: Western Europe Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by End User, 2021-2031
Table 29: Western Europe Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by Country
Table 30: Western Europe Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by Country, 2021-2031
Table 31: Eastern Europe Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by Type
Table 32: Eastern Europe Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by Type, 2021-2031
Table 33: Eastern Europe Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by Price Range
Table 34: Eastern Europe Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by Price Range, 2021-2031
Table 35: Eastern Europe Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by Distribution Channel
Table 36: Eastern Europe Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by Distribution Channel, 2021-2031
Table 37: Eastern Europe Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by End User
Table 38: Eastern Europe Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by End User, 2021-2031
Table 39: Eastern Europe Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by Country
Table 40: Eastern Europe Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by Country, 2021-2031
Table 41: Asia Pacific Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by Type
Table 42: Asia Pacific Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by Type, 2021-2031
Table 43: Asia Pacific Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by Price Range
Table 44: Asia Pacific Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by Price Range, 2021-2031
Table 45: Asia Pacific Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by Distribution Channel
Table 46: Asia Pacific Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by Distribution Channel, 2021-2031
Table 47: Asia Pacific Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by End User
Table 48: Asia Pacific Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by End User, 2021-2031
Table 49: Asia Pacific Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by Country
Table 50: Asia Pacific Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by Country, 2021-2031
Table 51: Latin America Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by Type
Table 52: Latin America Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by Type, 2021-2031
Table 53: Latin America Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by Price Range
Table 54: Latin America Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by Price Range, 2021-2031
Table 55: Latin America Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by Distribution Channel
Table 56: Latin America Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by Distribution Channel, 2021-2031
Table 57: Latin America Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by End User
Table 58: Latin America Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by End User, 2021-2031
Table 59: Latin America Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by Country
Table 60: Latin America Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by Country, 2021-2031
Table 61: Middle East and Africa Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by Type
Table 62: Middle East and Africa Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by Type, 2021-2031
Table 63: Middle East and Africa Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by Price Range
Table 64: Middle East and Africa Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by Price Range, 2021-2031
Table 65: Middle East and Africa Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by Distribution Channel
Table 66: Middle East and Africa Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by Distribution Channel, 2021-2031
Table 67: Middle East and Africa Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by End User
Table 68: Middle East and Africa Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by End User, 2021-2031
Table 69: Middle East and Africa Safes and Vaults Market Size & Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2021-2031) (%) by Country
Table 70: Middle East and Africa Safes and Vaults Market Incremental Revenue Opportunity, 2021-2031 by Country, 2021-2031