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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 | Feb 2015

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

IBISWorld’s Safe & Vault Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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
$479m
Annual Growth 10-15
2.5%
Annual Growth 15-20
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Profit
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Employment
1,041
Businesses
43
Industry Analysis & Industry Trends

Over the five years to 2015, 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 2020, 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 - Starting a New Business Chapter

There are moderate barriers to entering this industry. Significant financial investment is required to acquire, maintain and update plant and equipment. This cost may deter some companies from entry. In addition, the industry is highly regulated with respect to the manufacturing and labeling of certain products, such as fire-safe vaults. Entrants are also bound by a host of regulations concerning pollution, emissions and worker health and safety.

Other factors may present barriers to success, thereby discouraging entry. Incumbents, especially major players, often have strong relationships with upstream suppliers and downstream markets, making it difficult for others to break in to the market... 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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