Global Safes and Vaults Market Analysis & Industry Forecast 2016-2023, With an Expected CAGR of 6% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jun 12, 2018--The “Safes and Vaults Market by Type and End User - Global Opportunity Analysis and Industry Forecast, 2016-2023” report has been added to ResearchAndMarkets.com’s offering.
The global safes and vaults market was valued at $4,727 million in 2016, and is projected to reach $6,907 million by 2023, growing at a CAGR of 6.0% from 2017 to 2023.
Safes and vaults are secure storage systems where valuable items such as money, documents, records, and others are stored. It is intended to protect the contents from unauthorized use, theft, natural disasters, fire, and others. They are the metal boxes made up of thick metals making it difficult to break them by force or to protect them from fire breakouts.
The safes and vaults market is expected to experience significant growth during the forecast period, owing to technological innovation in product offerings, rise in adoption for retail industry, increase in application areas among end users, increased crime rates, and heavy venture capital investments in R&D activities to develop solutions with enhanced capabilities. Moreover, constant need to improve infrastructural security fuels the demand for safes and vaults products.
The global safes and vaults market is segmented based on type, end user, and geography. By type, the market is divided into cash management safes, depository safes, gun safes and vaults, vault and vault doors, media safes, and others. Based on end user, it is classified into banking sector and non-banking sector. Based on geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Companies Mentioned:American Security Products Co. Godrej & Boyce Manufacturing Co. Limited. Diebold Nixdorf, Incorporated. Dormakaba Gunnebo Industries AB Access Security Products Ltd. Alpha Safe & Vault, Inc. Acme Security Systems. BJARSTAL s.a.r.l. Bode-Panzer GmbH
Key Topics Covered:
2 Executive Summary
3 Market Overview
4 Safes and Vaults Market by Type
5 Safes and Vaults Market by End-User
6 Safes and Vaults Market, by Region
7 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/z29t2z/global_safes_and?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180612005763/en/
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Related Topics:Security Services
INDUSTRY KEYWORD: TECHNOLOGY SECURITY
SOURCE: Research and Markets
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PUB: 06/12/2018 07:24 AM/DISC: 06/12/2018 07:23 AM