Automatic Barriers and Bollards Market Trends and Segments 2018-2028

Posted by vakhas on January 15th, 2019

Automatic barriers and bollards serve the function of restricting vehicle entry in multiple indoor and outdoor constructions such as high-security areas, tollbooths and parking lots of hotels, shopping centers and sports centers. Automatic barriers and bollards are either used separately or in combination to ensure a high level of security by preventing entry of unauthorized vehicles.

Automatic barriers and bollards are used as a physical security solutions. Automatic barriers and bollards have significantly reduced the need for gates. In addition, as automatic bollards can be completely retracted below the road surface, they complement the modern infrastructure design. Automatic barriers and bollards with different specifications and easy operational abilities are available in the market at affordable prices. Automatic barriers and bollards find a variety of applications ranging from normal traffic control to complex defense needs.

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Market Dynamics

With the growing emphasis on the safety and security in the private and public infrastructures, the automatic barriers and bollards market is expected to witness a steady growth during the forecast period. Increasing preference for automatic parking management system and parking payment system is likely to boost the demand for RFID-based automatic barriers and bollards.

In the era of automation, rising demand for automatic barriers and bollards with push button, UHF reader, RFID tags, loop detectors, remote control and ANPR camera is estimated to propel the growth of the automatic barriers and bollards market. Expanding urbanization and demand for effective parking systems are expected to bode well for the automatic barriers and bollards market in the near future. Manufacturers in the automatic barriers and bollards market are engaged in delivering a wide variety of automatic access control systems with advanced technologies. As automatic barriers and bollards are used in both urban and industrial applications, manufacturers in the automatic barriers and bollards market provide versatile solutions that are easily and quickly maneuvered.

Asia Pacific: A Lucrative Market for Automatic Barriers and Bollards

Asia Pacific is expected to witness rapid expansion of the automatic barriers and bollards market. Growing construction projects of smart city and increasing penetration of Automatic Number Plate Recognition (ANPR) in developing countries of the region present lucrative avenues for the automatic barriers and bollards market.