DUBLIN, July 7, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Safes and Vaults Market 2016-2020" report to their offering.
The report forecasts the global safes and vaults market to grow at a CAGR of 5.52% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: A trend which is playing a role in boosting market growth is digitization of safes and vaults. There has been a major shift in the adoption patterns of safes with increasing popularity of digital electronic safes and vaults in comparison to manual key-operated ones. The inefficiencies related with manual safes are eliminated with the use of digitized ones. These safes have properties such as motorized shooting bolts for extra protection, low battery indicators, non-volatile memory, digital locking mechanisms, and password protected locking. They also have options such as mechanical overrides, LED displays, and touchscreen operated and remote controlled.
According to the report, a key growth driver is demand from the banking sector. There is a strong demand for safety vaults and safes from the banking sector for the storage of valuables. To make vaults more immune to burglar attacks, they are constantly being fitted with an array of alarms and anti-theft devices. These devices have characteristics such as low maintenance, emergency ventilators, integrate light switches with electrical boxes, and ventilators.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- American Security Products Co.
- Godrej & Boyce
- Kaba Group
- Access Security Products
- ACME Security Inc.
- Alpha Safe & Vault
- Bordogna Group
- Brown Safe Manufacturing
- Bumil Safe Manufacturing
- Cannon Safe
- CompX International
- Fire King
- Firelock Fireproof Modular Vaults
- Format Tresorbau
- Gardall Safe
- Hall's Safe
- Hamilton Safe
- Joli Safe
- Kale Celik Esya
- Phoenix Safe Co.
- Stark Safes
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product type
PART 07: Market segmentation by end-user
PART 08: Geographical segmentation
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Key vendor analysis
PART 16: Appendix
PART 17: About the Author
For more information visit http://www.researchandmarkets.com/research/44mq2g/global_safes_and
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SOURCE Research and Markets