The
"Automated Barriers and Bollards Market to 2025 by Boom Barriers product
type (Push Button, remote Controlled, RFID Tags Reader, Loop Detectors and
others), and End-use Vertical (Residential, Commercial and Industrial) - Global
Analysis and Forecast" The scope of study involves understanding on the
factors responsible for this growth of automated barriers and bollards market
along with the estimates and forecasts of the revenue and market share analysis
and also spots the significant automated barriers and bollards players in the
market and their key developments.
Automated Barriers and Bollards Market to 2025 - Global Analysis and Forecast
by Product Type and End-use Vertical, automated barriers and bollards market is
expected to grow US$ 1.26 billion by 2025 from US$ 1.80 billion in 2015. Rising
urbanization has put up pressures on the existing infrastructures of Tier 1
cities across the globe. Increasing population in the urban areas, increasing
vehicular traffic have created demands for more safety & security as well
as a more robust infrastructure that can suffice the ever-growing demands.
Accessibility on roads in areas of high vehicular density, collection of tolls
at toll booths, and vehicle parking at various locations have been the points
of prime concerns. The conventional methods of hand-operated barriers operated
by human personnel proved to be highly inefficient and time consuming.
Several developing nations in APAC, South America and African region are witnessing
rapid growth and modernization. There has been a huge development in roadways
infrastructure along with the number of toll booths installation per year. In
last few years, there is gradual rise in demand of vehicles, and with this the
capacity of a toll booths has also increase swiftly. This demand will be
fulfilled either by adding new toll lanes or by increasing the throughput of
existing lanes. Along with deployment of new toll lanes, new boom barriers
installation will also rise.
The global Automated Barriers and Bollards Market by geography is segmented
into five region including, North America, Europe, Asia Pacific, Middle East
& Africa and South America. Currently, the boom barriers and bollards
market is experiencing a high growth in APAC region on account of various new
construction projects being undertaken in the countries as well as several
government initiatives being implemented for the development of roads, tolls,
highways, airports and ports. A subsequent rise in the hospitality industry is
also providing much needed thrust to the market as various tourist attractions,
hotels and airports are adopting the installations of boom barriers and
bollards for safety & security purposes.
The report segments the global Automated Barriers and Bollards Market as
follows:
Global Automated Barriers and Bollards Market- By Boom Barrier Product Type
Push Button
Remote Controlled
RFID Tags Reader
Loop Detectors
Others
Global Automated Barriers and Bollards Market- By End-use Vertical
Residential
Commercial
Industrial
Global Automated Barriers and Bollards Market- By Geography
North America
U.S.
Canada
Mexico
Europe
France
Germany
Italy
Spain
U.K.
Rest of Europe
Asia Pacific (APAC)
Japan
China
India
Australia
Rest of APAC
Middle East & Africa (MEA)
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
South America (SA)
Brazil
Rest of SA