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(Wireless-NewsWire.Com, March 17, 2018 ) Global automated barriers and bollards market is expected to grow from US$ 1.26 billion in 2016 to US$ 1.80 billion by 2025 at a CAGR of 4.07% between 2017 and 2025.
Deployment of barrier and security gate results in several benefits. Apart from providing additional security, it helps in controlling the crowd while averting burglars and thieves from entering into the property. Furthermore, the deployment of automated barriers are also useful in locations where high security is needed from unauthorized access attributed to large flow of people. The automated boom barriers operate either through the instructions of the system operator or through different radiations.
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The report focuses on an in-depth segmentation of this market based by boom barrier product type and end-use vertical. The geographic segmentation of the report covers five major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By end-use vertical segment commercial sector accounted for the largest share of the automated boom barriers and bollards market in 2016; whereas APAC region is expected to grow at the highest CAGR during the forecast period.
Some of the Key Players
1. Automatic Systems
2. Avon Barrier Corporation Ltd
3. CAME S.p.A
4. Houston System Inc.
5. LA BARRIÈRE AUTOMATIQUE
6. MACS Automated Bollard Systems
7. Magnetic Autocontrol GmbH
8. Nice S.p.A
9. Omnitec Group
10. RIB Srl
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The report aims to provide an overview of global automated barriers and bollards market with detailed market segmentation. Also, it analyzes the current automated barriers and bollards market scenario and forecasts the market till 2025. The report covers market dynamics effecting the market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the market along with their market strategies. The report also provide value chain along with the SWOT analysis for all company profiled in the report.
Europe is one of the prominent regions in automated barriers and bollards market which is contributing highest revenue globally due to technological developments and considerable application of automated barriers and bollards in different end-use vertical. Rapidly growing economies in Asia-Pacific (APAC) with significant growth construction sector will pave the path for increasing adoption and propel the market for automated barriers and bollards market. The APAC region is expected to lead the market with highest CAGR during the forecast period. Some of the major players influencing automated barriers and bollards market are Avon Barrier Corporation Ltd., CAME, Omnitech Group, Houston Systems, Macs Automated Bollard Systems Ltd, LA BARRIÈRE AUTOMATIQUE, RIB srl, Automatic Systems, Nice S.p.A., and Magnetic Autocontrol GmbH among others.
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