Bank security and cash handling
The European market for bank security and cash handling is estimated at just under MEUR 3,000. Historically this market has grown by 5% a year. Globally, the market is estimated to be worth just under MEUR 9,000.
Gunnebo holds a very strong position in the bank security & cash handling market and already enjoys collaborations with allthe major banks, the largest CIT companies and many of the leading retail chains in Europe. In India, Indonesia, Australia and Canada, Gunnebo is the largest player in bank security. In Africa, the Group has partnerships with the majority of banks with ambitions for growth.
Entrance Control
The global market for Entrance Control is estimated at MEUR 500. Growth is highest in the BRICA countries (Brazil, Russia, India, China and America) with approximately 17% annual growth. In Europe, the Middle East and Africa growth is estimated at 4–5%.
Gunnebo estimates its global market share at 11% and is the largest supplier of entrancecontrol in Europe, the Middle East and Asia, and the second largest globally.
Secure Storage
Gunnebo estimates that the global market for certified safes and vaults is worth MEUR 1,500 a year. The estimated growth on the market for certified safes varies greatly worldwide: growth in Europe is estimated at just a few per cent while the markets in India, Indonesia and China are expected to show double-digit growth. Thanks to the three strong brands, Chubbsafes, Fichet-Bauche and Rosengrens, Gunnebo estimates its global market share in certified safes, vaults and vault doors at 15% globally and over 25% in Europe. The Group’s market share on the market for non-certified products and products with lower certification is estimated at less than 5%.
Services
The security market for service comprises a large number of local installers and service companies, as well as large multinationals. The competitive environment is fragmented and varies from one market to the next. Similarly customers’ expectations and requirements vary from market to market, as do legislation and other regulations.
One of Gunnebo’s strengths lies in its ability to offer service globally, thanks to mobile service teams, for customers whose organisations require it. In recent years, market growth has been estimated at 3–4% and is forecast to continue growing at the same rate for the foreseeable future. Gunnebo’s market share in Europe is estimated at 6–7%.