Market Overview:
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.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Key Companies Profiled | 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) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies 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 showcases the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Manufacturers of Secure Logistics Market Study:
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)
Secure Logistics Market Segment Analysis
Scope | Sub-Segments |
---|
Application / End User | Cash Management, Diamonds, Jewelry & Precious Metals, Manufacturing and Others |
Type | Static and Mobile |
Service | Security Service,Cash Service |
Influencing Trend:
Rising Demand Due To Autonomous Logistics Services and Developing Capability to Track Shipments
Market Growth Drivers:
Rising Requirement due to Avoid Thefts and Loss and Growing Cash Circulation in Worldwide
Challenges:
Fluctuation in Fuel Prices and Environmental Disasters
Restraints:
Necessity to Confirm On-Time Delivery, Rising hazard of terrorist Activities and 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
Some of the other players that are also part of study are Macy’s (United States), Walgreens Company (United States) and Target Corporation (United States). The Global Secure Logistics market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.
Latest Industry Highlights:
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.
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.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Secure Logistics market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Secure Logistics market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Secure Logistics Service Provider, Logistics Industry, Transportation Industry, Government Regulatory Bodies, Government Research Organizations, Private Research Organizations and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.