Industry Background:
Secure logistics refers to transportation of valuable goods. It includes services such as cash service and security service. There are various types of valuable goods are available in secure logistics such as cash management, diamonds, jewelry & precious metals and others. Growing requirement due to avoid thefts and loss as well as growing cash circulation in worldwide will help to boost global secure logistics market.
According to AMA, the market for Secure Logistics is expected to register a CAGR of 6.42% during the forecast period to 2026. This growth is primarily driven by Rising Requirement due to Avoid Thefts and Loss and Growing Cash Circulation in Worldwide.
Globally, a noticeable market trend is evident Rising Demand Due To Autonomous Logistics Services
. The Transportation Infrastructure sector in the Europe region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as Brink’s (United States), Cargo Guard Secure Logistics (Germany), G4S Secure Solution (A subsidiary of G4S plc) (United Kingdom), CMS Infosystem Pvt. Ltd. (India), GardaWorld Corporation (Canada), Loomis (Sweden), Lemuir Group (India), Maltacourt Global Logistics Ltd (United Kingdom), PlanITROI (United States), Prosegur (Spain) and Securitas (Sweden) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 31st May 2018, The Brink’s Company a global leader in total cash management, secure logistics and payment solutions has acquired Dunbar Armored, Inc. largest U.S. cash Management Company. The deal was established for 520 million dollar in cash.
On 8th November 2018, Brink's a global leading player of total cash management, secure route-based logistics and payment solutions are partnered with Canopy Growth Corporation to provide secure logistics as well as cash management service.
Market Drivers
- Rising Requirement due to Avoid Thefts and Loss
- Growing Cash Circulation in Worldwide
Market Trend
- Rising Demand Due To Autonomous Logistics Services
- Developing Capability to Track Shipments
Restraints
- Necessity to Confirm On-Time Delivery
- Rising hazard of terrorist Activities
- Increase Penetration of mobile Payment
Opportunities
Rising Advance Services in Emerging Economics and Progress of High Net-worth Individuals (HNI) as we as wealth management
Challenges
Fluctuation in Fuel Prices and Environmental Disasters
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Secure Logistics Study Sheds Light on
The Secure Logistics Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Secure Logistics industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Secure Logistics industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.