Safes and Vaults Market Updates: to Reach $4.73 Billion by 2030 | CAGR of 5.8% from 2021 to 2030
Safes and Vaults Market Updates: to Reach $4.73 Billion by 2030 | CAGR of 5.8% from 2021 to 2030
NEW CASTLE, DE, UNITED STATES, October 22, 2024 /EINPresswire.com/ -- Allied Market Research published a new report, titled, โSafes and Vaults Market by Type (Cash Management Safes, Depository Safes, Gun Safes and Vaults, Vault and Vault Doors, Media Safes, and Others) and End User (Banking Sector and Non-Banking Sector) - Global Opportunity Analysis and Industry Forecast, 2021-2027โ.The report has offered an all-inclusive analysis of the Safes and Vaults Market taking into consideration all the crucial aspects like growth factors, constraints, market developments, top investment pockets, future prospects, and trends. At the start, the report lays emphasis on the key trends and opportunities that may emerge in the near future and positively impact the overall industry growth.
The global safes and vaults market size was valued at $5.82 billion in 2019, and is projected to reach $9.14 billion by 2027, growing at a CAGR of 8.1% from 2020 to 2027.
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Based on fund type, the equity funds segment accounted for the largest market share in 2019, contributing to more than half of the total share, and will continue to lead throughout the forecast period. However, the hybrid & other funds segment is estimated to witness the highest CAGR of 15.6% from 2020 to 2027.
Based on distribution channel, the financial advisors/brokers segment held the highest share in 2019, accounting for nearly half of the global mutual fund assets market, and is expected to maintain its dominant share during the forecast period. However, the direct sellers segment is projected to manifest the fastest CAGR of 13.3% from 2020 to 2027.
By region, North America accounted for the highest market share in terms of revenue in 2019, holding nearly half of the total market, and will maintain its lead position by 2027. However, Asia-Pacific is projected to witness the highest CAGR of 13.7% during the forecast period.
Top 10 leading companies in the Safes and Vaults Market are analyzed in the report along with their business overview, operations, financial analysis, SWOT profile and products and services.
The key players operating in the Safes and Vaults Market include 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., and Bode-Panzer GmbH, and others.
Latest news and industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures and collaborations, product launches, market expansions etc. are included in the report.
๐๐ ๐ฒ๐จ๐ฎ ๐ก๐๐ฏ๐ ๐๐ง๐ฒ ๐ฌ๐ฉ๐๐๐ข๐๐ฅ ๐ซ๐๐ช๐ฎ๐ข๐ซ๐๐ฆ๐๐ง๐ญ๐ฌ, ๐ซ๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง@ https://www.alliedmarketresearch.com/request-for-customization/4354?reqfor=covid
Key Benefits:
1. The report provides a qualitative and quantitative analysis of the current Safes and Vaults Market trends, forecasts, and market size from 2021 to 2027 to determine the prevailing opportunities.
2. Porterโs Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
3. Top impacting factors & major investment pockets are highlighted in the research.
4. The major countries in each region are analyzed and their revenue contribution is mentioned.
5. The market report also provides an understanding of the current position of the players active in the Safes and Vaults Market
Highlights of the Report:
1. Competitive landscape of the Safes and Vaults Market
2. Revenue generated by each segment of the market by 2027.
3. Factors expected to drive and create new opportunities in the Safes and Vaults Market
4. Strategies to gain sustainable growth of the market.
5. Region that would create lucrative business opportunities during the forecast period.
6. Top impacting factors of the Safes and Vaults Market
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/4354
Safes and Vaults Key Market Segments:
By Type
โข Cash Management Safes
โข Depository Safes
โข Gun safes and vaults
โข Vault and vault doors
โข Media Safes
โข Others
By End User
โข Banking Sector
โข Non-Banking Sector
By Region:
โข North America (U.S., Canada, and Mexico)
โข Europe (U.K., Germany, France, Italy, Spain, Russia, Netherlands, Belgium, Poland, and Rest of Europe)
โข Asia-Pacific (China, Japan, India, South Korea, Australia, Malaysia, Thailand, Philippines, Indonesia, and Rest of Asia-Pacific)
โข LAMEA (Latin America, Middle East and Africa)
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