0

Global Safes and Vaults Market in Banking Sector 2017-2021

  • Published: Jul 2017
  • Pages: 67
  • SKU: IRTNTR13890
Technavio

Enjoy complimentary customisation on priority with our Enterprise License!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

This industry research report identifies ASSA ABLOY, Diebold Nixdorf, dormakaba, and Gunnebo as the key vendors in the global safes and vaults market in the banking sector. This industry research report also presents a competitive analysis of the market by product type (cash management safes and vaults and depository vaults) and by geography (the Americas, APAC, and EMEA).

Overview of the global safes and vaults market in the banking sector

Market research analysts at Technavio predict that the global safes and vaults market in banking sector will grow steadily at a CAGR of more than 6% by 2021. The increase in deployment of multipurpose ATMs has resulted in the increase of depository safes. There is an increased need to serve the vast unbanked populations of India and China and a rising need to replace the existing ATM machines. This will increase the deployment of ATMs, which according to this market research and analysis is one of the primary factors fueling the growth of the safes and vaults market in the banking sector.

The introduction of smart vaults will be one of the key trends behind the growth of the safes and vaults market in the banking sector. Smart vaults are operated through robotic technology and this minimizes human intervention as they are equipped with intelligent security systems. The vault is secured by biometric authentication and debit card. The vaults have multi-level security check process that ensures full security and enables only the owner to open the locker. Smart vaults comprise of a comfortable locker room for complete privacy that the customers can gain access to by validating their identity.

Competitive landscape and key vendors

The safes and vaults market in the banking sector is intensely competitive and highly fragmented due to the presence of several established vendors who cater to the various geographic regions. The vendors in the market compete based on technology, pricing, and reliability. The advancements in technological innovations help vendors to increase efficiency and effectiveness of their product offerings. The safe manufacturers are offering improved and innovative product offerings and this will help them attain a competitive advantage over the competitors.

The leading vendors in the market are -

  • ASSA ABLOY
  • Diebold Nixdorf
  • dormakaba
  • Gunnebo

The other prominent vendors in the market are American Security, Brown Safe, FireKing Security Group, Gardex, Hayman Safe, Liberty Safe, Schwab Files, and SentrySafe.

Segmentation by product type and analysis of the safes and vaults market in the banking sector

  • Cash management safes and vaults
  • Depository vaults

Cash management primarily demand for safes and vaults due to the rising need from the cash-intensive environment and to eliminate incidences of theft. The hands-free software tracks the activities and informs the authorities in case of any unauthorized entry. Additionally, the increased demand from the cash in transit (CIT) companies and technological innovations are also contributing to the growth of this segment.

Geographical segmentation and analysis of the safes and vaults market in the banking sector

  • Americas
  • APAC
  • EMEA

Owing to factors such as increasing investments in the banking industry, high crime rates, the presence of developed economies, high personal affluence, and well-established local production capabilities, EMEA will be the major revenue contributor to the safes and vaults market in the banking sector throughout the forecast period.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global safes and vaults market in banking sector?
  • What are the key market trends impacting the growth of the global safes and vaults market in banking sector?
  • What are the challenges to market growth?
  • Who are the key vendors in the global safes and vaults market in banking sector?
  • What are the market opportunities and threats faced by the vendors in the global safes and vaults market in banking sector?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global safes and vaults market in banking sector?

Technavio also offers customization on reports based on specific client requirement.

This upcoming industry research report on the global safes and vaults market in the banking sector offers key insights into the major trends and emerging market drivers influencing the growth of the transportation and logistics industry. Our collection of market research reports for the transportation and logistics industry follow a scrupulous data collection methodology and offer an analysis of fast growing market segments like warehouse and storage.

Global Safes and Vaults Market SizeTo assess the accurate growth potential of this market and to identify potential opportunities, market research analysts at Technavio conduct an in-depth qualitative and quantitative research studies by analyzing factors such as market size, key vendors, industry profit, and economic trends. The upcoming report on the global safes and vaults market in banking sector provides data and insights with respect geographic region, product and technology type, and vendor-wise segmentation to assist the client in understanding the different existing segment and thus choose proper target market.

This market research report on the global safes and vaults market in banking sector also takes into account the growth of similar markets like safes and vaults market in Europe, which is anticipated to grow at a CAGR of close to 6% during the forecast period. To identify the potential competitors and gain insights into the competitive landscape of the market, the report also covers vendors such as Gunnebo, Hamilton safe, Diebold, Godrej & Boyce, Kaba, and Amsec.

The upcoming report on the global safes and vaults market in banking sector identifies other key aspects of business intelligence such as profit margins, new products, demand-supply patterns, distributions, as well as opportunities and challenges faced by the industry. It also presents insights into the rapidly changing competitive scenario to give clients a realistic picture of the forthcoming events within the transportation and logistics industry. Technavio also provides deep-dive market assessments into the sectors such as transportation and distribution, packaging, and tags and labels.

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research methodology

PART 04: Introduction

  • Market outline

PART 05: Market landscape

  • Market overview
  • Five forces analysis

PART 06: Market segmentation by product

  • Global safes and vaults market in banking sector by product type
  • Global cash management safes and vaults market in banking sector
  • Global depository safes market in banking sector
  • Global other safes market in banking sector

PART 07: Geographical segmentation

  • Global safes and vaults market in banking sector by geography
  • Safes and vaults market in banking sector in EMEA
  • Safes and vaults market in banking sector in APAC
  • Safes and vaults market in banking sector in Americas

PART 08: Decision framework

PART 09: Drivers and challenges

  • Market drivers
  • Market challenges

PART 10: Market trends

  • Introduction of smart vaults
  • Expansion of intelligent locking solutions and customizations from products to solutions
  • Onsite assembled vault doors

PART 11: Key vendor analysis

  • Competitive scenario
  • ASSA ABLOY
  • Diebold Nixdorf
  • dormakaba
  • Gunnebo
  • Other prominent vendors

PART 12: Appendix

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your sample now!
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
  • Off-the-shelf research reports
  • Reports can be tailored to meet the customer's needs
  • Trusted by more than 100 fortune 500 organizations
  • Information about the market's key drivers, trends, and challenges
  • Parent market analysis
  • Every week, 50,000 people visit our subscription platform
  • Detailed vendors report with competitive landscape
  • Covid-19 impact and recovery analysis
  • Data on revenue-generating market segments
  • Details on the market shares of various regions
  • Five-force market analysis

Certified ISO 9001 : 2015

We are ISO recognized

We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

We are GDPR and CCPA compliant

We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

Safe and Secure SSL Encrypted
Technavio

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Customized Report as per your Business Needs

  • Our analysts will work directly with you and understand your needs
  • Get data on specified regions or segments, competitor and Vendors
  • Data will be formatted and presented as per your requirements
  • We offer $1000 worth of FREE customization at the time of purchase

Let us help you make report more suited to your requirements.

  • Get a competitive breakdown as per your niche industry
  • Customize the data with various metrics that meet your business prerequisite
  • Understand Revenue Sources, Customers and many more
  • Details on Market Share
  • These customizations are done in a short amount of time by our analysts and industry experts
Technavio
Enquire Before Buying
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>