Gun lockers are used to store firearms in an organized and safe manner. These storage solutions are available in various shapes, sizes, designs, styles, materials, and degrees of security options. Additionally, the gun lockers are available with keyed or combination locks enabled for one-time access only. Since gun lockers offer the convenience of storing all vital weapons in a safe place, it makes it easy for individuals to access their firearms when required. The arms rights in various countries across the world bolster the growth of global gun lockers market.
MARKET SCOPE
The "Global Gun Lockers Market Analysis to 2028" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of Gun Lockers market with detailed market segmentation by Type, Application, and geography. The global Gun Lockers market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Gun Lockers market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- On the basis of type, the market is segmented as Wall Mounted Gun Lockers, and Floor Placed Gun Lockers
- On the basis of application, the market is segmented as law enforcement, homeland security, and others
MARKET DYNAMICS
Drivers:
- Rising awareness about personal security in countries with arms rights
- Increase in geo-political conflicts and criminal activities
- Government imposed safety measures pertaining to fire arms
- Modernization of law enforcement agencies in developing countries
Restraints:
- Firearms abuse for criminal activities
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Gun Lockers market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyses factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the Gun Lockers market in these regions.
IMPACT OF COVID-19 ON GUN LOCKERS MARKET
During the second half of 2020, the COVID-19 pandemic and consequent lockdown and movement restrictions impacted the supply chain of Gun Lockers across the globe, thereby increasing the supply-demand gap. However, various countries witnessed an increase in sales of gun and ammunition during the COVID-19 pandemic. As a large population experienced the social, economic, and mental impact of COVID-19, access to firearms became a greater cause of concern for suicides, unintentional injuries, and domestic violence. Since the pandemic has triggered the rate of suicides using guns across the developed regions of the world, and geopolitical conflicts and criminal activities are on the rise, there is a greater demand for safe gun lockers for restricting access to firearms. Therefore, the COVID-19 pandemic has positively impacted the global gun lockers market.
MARKET PLAYERS
The report covers key developments in the Gun Lockers market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Gun Lockers market are anticipated to lucrative growth opportunities in the future with the rising demand for Gun Lockers in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Gun Lockers market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Cannon Safe
- Gardall Safe Corporation
- GunVault
- Homak Manufacturing
- Liberty Safe
- Precision Locker Company
- Safe Company
- Spacesaver Corporation
- The Bespoke Gun Cabinet Company
- Yongfa Intelligent Technology Security