Automated Barriers and Bollards Market to Grow with a CAGR of 5.19% through 2028
Increasing demand for security and safety and growing
investments in smart city projects are likely to drive the market in the
forecast period.
According to TechSci Research report, “Automated
Barriers and Bollards Market – Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2028”, the Global Automated
Barriers and Bollards Market stood at USD 2.08 billion in 2022 and is
anticipated to grow with a CAGR of 5.19% in the forecast period.
One of the
primary drivers of the Automated Barriers and Bollards market is the increasing
global emphasis on security concerns. In an era marked by rising threats such
as terrorism, vandalism, and unauthorized access, governments, businesses, and
institutions are prioritizing the safeguarding of their premises, assets, and
the safety of individuals. Automated barriers and bollards play a pivotal role
in enhancing security by efficiently controlling access and preventing
unauthorized vehicle entry. These systems are deployed in critical
infrastructure facilities, airports, government buildings, military
installations, and public spaces to thwart potential threats. The need to
address security vulnerabilities and respond to evolving risks is propelling
organizations to invest in advanced automated barrier and bollard solutions
that offer robust security features, real-time monitoring, and rapid response
capabilities. Consequently, heightened security concerns are a key driver
fueling the growth of the Automated Barriers and Bollards market.
The relentless
trend of urbanization and infrastructure development is another prominent
driver shaping the Automated Barriers and Bollards market. As cities expand and
populations surge, there is an increasing demand for effective traffic
management, access control, and security solutions. Automated barriers and
bollards are integral to managing vehicular and pedestrian flow in urban areas,
enhancing traffic efficiency, and bolstering safety. Incorporated at various
urban access points, parking lots, and transit hubs, these systems help
alleviate traffic congestion, enhance security, and streamline urban mobility.
The rapid growth of urban areas, particularly in emerging economies,
necessitates the deployment of automated barrier and bollard solutions to meet
the evolving transportation and security needs. Therefore, urbanization and
infrastructure development serve as compelling drivers, driving the adoption
and expansion of the Automated Barriers and Bollards market on a global scale.
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The Global Automated Barriers and Bollards Market is
segmented into type, technology, end user industry and region.
Based on type, The Barriers segment had the largest
market share in 2022 & expected to maintain it in the forecast period.
Barriers are dominating in the global Automated Barriers and Bollards market
for several reasons. Firstly, barriers are highly effective at controlling and
regulating vehicular access, making them a preferred choice in applications
where traffic management and security are paramount. Their ability to swiftly
open and close, coupled with options for various arm lengths and styles,
provides flexibility in accommodating different types of vehicles and traffic
flow requirements. Secondly, barriers are often perceived as more
cost-effective compared to bollards, making them an economical choice for
businesses and organizations seeking access control solutions within
constrained budgets. Their relatively lower installation and maintenance costs
contribute to their widespread adoption. Moreover, barriers tend to be visually
prominent, serving as a strong visual deterrent to unauthorized access, which
is particularly valuable for security-conscious environments.
Based on technology, The push button segment had the
largest market share in 2022 and is projected to experience rapid growth during
the forecast period. Push-button controls are known for their simplicity and
ease of use. They require minimal training for operators and users, making them
a preferred choice in various applications. This user-friendliness enhances
accessibility and ensures that a wide range of individuals can operate the
barriers and bollards efficiently. Push buttons provide instant control over
the automated barriers and bollards. With a simple press, users can command the
system to raise or lower the barrier arm or bollard post, allowing for swift
and precise access control. This immediate response is crucial in situations
where security or traffic management decisions need to be made quickly.
Push-button controls are known for their reliability. They have a proven track
record of consistent performance and durability, requiring minimal maintenance.
This reliability is essential for security and traffic management applications
where uninterrupted operation is critical. Push-button controls can easily
integrate with various access control systems, such as keycard readers,
intercoms, or remote controls. This compatibility ensures seamless integration
into existing security infrastructures, making them a versatile choice for a
wide range of applications. Push-button control systems are often
cost-effective compared to more advanced control options. This affordability
makes them an attractive choice, especially for businesses, municipalities, and
organizations with budget constraints.
Major companies operating in the Global Automated
Barriers and Bollards Market are:
- Automatic
Systems Inc
- Avon
Barrier Corporation Ltd.
- Bolloré
Group
- CAME
S.p.A.
- FAAC
Group
- Houston
System Inc.
- Macs
Automated Bollard Systems Ltd.
- Nice
S.p.A
- Omnitec
Group
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“The Global Automated Barriers and Bollards market is
expected to rise in the upcoming years and register a significant CAGR during
the forecast period. The primary driver of the Automated Barriers and Bollards
market is the escalating imperative for security. Faced with growing threats
like terrorism and unauthorized access, organizations are increasingly
investing in these systems to fortify their premises. Automated barriers and
bollards provide robust access control and threat deterrence, making them
indispensable for protecting critical infrastructure, public spaces, and
assets. The demand for enhanced security measures continues to propel the
market's growth. Therefore, the market of Automated Barriers and Bollards is
expected to boost in the upcoming years.,” said Mr. Karan Chechi, Research
Director with TechSci Research, a research-based management consulting firm.
“Automated Barriers and Bollards Market By
Type (Barriers, Bollards), By Technology (Push button, RFID, Remote Controlled,
Loop Detectors, Others), By End User Industry (Building complexes, Public
infrastructure), By Region, By
Competition Forecast & Opportunities, 2018-2028F”, has evaluated
the future growth potential of Global Automated Barriers and Bollards Market
and provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision-makers make sound investment decisions., The report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the Global Automated Barriers and Bollards
Market.
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