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Safe & Vault Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Safe & Vault Manufacturing Market Research Report | Technology | Security & Safety Systems | Jul 2014

Security breach: Disposable income growth will boost demand, but imports pose a large threat

IBISWorld’s Safe & Vault Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Diebold Diebold market share
Liberty Safe and Security Products Inc. Liberty Safe and Security Products Inc. market share
Sentry Group Sentry Group market share
Industry Statistics & Market Size
Revenue
$435m
Annual Growth 09-14
3.1%
Annual Growth 14-19
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Profit
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Employment
1,689
Businesses
63
Industry Analysis & Industry Trends

During the five years to 2014, improving disposable incomes, rising gun purchases and low confidence in banks has driven demand for products in the Safe and Vault Manufacturing industry. Skepticism about the soundness of the financial sector postrecession prompted several households to store a part of their cash and other valuables at home, while the recovery of the commercial banking sector has created rebounding need for industry products, both attributing to revenue growth. In the five years to 2019, industry growth is projected to slow down due to increasing import penetration, although household safety concerns, gun ownership and commercial and banking activity will continue to underpin demand.... purchase to read more

Industry Report - Industry Locations Chapter

The location of manufacturing establishments is generally influenced by their relative location to major markets and key inputs. Manufacturing establishments also tend to be highly correlated with population density. The Safe and Vault Manufacturing industry is concentrated in the Great Lakes, West and Southeast regions due to their locations near major manufacturing industries and population centers.

Great Lakes

The Great Lakes region accounts for an estimated 26.0% of industry establishments. This region is a manufacturing hub with readily accessible steel manufacturing activity. Steel is a primary input for this industry, so locating near steel manufacturers helps reduce costs and ensure the availability of raw materials... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Safe & Vault Manufacturing Industry?

This industry manufactures safes for residential, commercial and banking use. Industry products include freestanding safe containers for storing cash and guns, as well as vault safes built into walls. Services such as safe cracking and repair are excluded from industry operations.

Industry Products
Midsize safesSmall safesLarge safes, including vaults
 
Industry Activities
Manufacturing small safes Manufacturing midsize safes Manufacturing large safes and vault rooms


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