A large part of the security market consists of areas where Gunnebo is not active - guarding, cash in transit and locks. This means that of the total security market, which Gunnebo estimates to 130 billion euros, is the part of the market where Gunnebo operates approximately 10 billion euros. Geographical and product terms, this part split up as follows:
Secure Storage:
The market for Secure Storage is highly fragmented and consists of many small operators with sales that are often geographically separated.
Entrance control
This market consists of many local players, both small and some a little bigger.
Closed cash handling and Electronic Product Alert:
Gunnebo SafePay system is one of a few players on the market that are in line for this type of system solutions in the retail environment. The biggest competitor is Cash Guard. Other players on the market are Wincor-Nixdorf from Germany and Scan Coin and xlon from Sweden.
The market for Electronic Movement Alarm dominated today by two players: Checkpoint Systems and Sensor Matic (Tyco).
Together, they have almost 80 per cent of the world market.
Electronic Security
The market for Electronic Security has a market potential of 60 billion in Europe. The main competitors are Swedish Niscayah; American United Technologies (UTC), and Tyco; Danish G4S and French Eryma and Scutum.