The Daily Vale

Your Media

Safes And Vaults Market Overview, Size, Trends, Growth, Revenue Expectation and Forecast by 2022-2027

Safes And Vaults Market

According to IMARC Group’s latest report, titled “Safes and Vaults Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global safes and vaults market reached a value of US$ 4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.24 Billion by 2027, exhibiting at a CAGR of 7.7% during 2022-2027.


Safes and vaults refer to secure storage systems, which are built into walls and floors or are freestanding to safeguard valuables under high-risk situations. They are available in electronic, biometric and mechanical variants and are used for cash management and storing deposits, guns and medical products. They consist of thick metallic paneled doors, which are usually damage resistant. They aid in protecting the contents from extreme weather conditions, robbery, unauthorized access and other intrusions. As a result, they are widely used across both commercial and residential sectors to protect critical records, medical files, ammunition, monetary assets and sensitive documents.


We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.


Request a Free PDF Sample of the Report:


Market Trends and Drivers:

The global safes and vaults market is primarily being driven by the increasing crime rates and instances of robberies, especially in the developing nations. The growing product demand from the medical industry, which utilizes safes and vaults to protect essential drugs and minimize prescription-related thefts, is also contributing to the market growth. They are also used in the banking sector to safeguard the deposits and automated teller machines (ATMs) and prevent burglary. Furthermore, various product innovations, such as the launch of security systems integrated with timely alerts and auto-locking mechanisms for improved protection and real-time updates through smartphone applications, are providing a thrust to the market growth.

Safes and Vaults Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the safes and vaults market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • Access Security Products Ltd.
  • ADT Inc.
  • Alpha Safe & Vault, Inc.
  • American Security Products Co.
  • Bode-Panzer GmbH
  • Diebold Nixdorf
  • Dormakaba Holding AG
  • Godrej & Boyce Mfg. Co. Ltd.
  • Gunnebo Group


Key Market Segmentation:

The report has segmented the global safes and vaults market on the basis of region, type, function type, application, end user and region.


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
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa


Ask Analyst for Customization and Explore Full Report With TOC & List of Figures:


Key Highlights of the Report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape


If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.


About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.


Contact US:
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: [email protected]
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

Leave a Reply

Your email address will not be published.