Automated Barriers and Bollards Market: Dynamics, Key Players, and Industry Projections till 2028 by TechSci Research

Posted by Kumar on June 19th, 2024

Introduction

The global automated barriers and bollards market is experiencing significant growth, driven by factors such as rapid urbanization, infrastructure development, and increasing emphasis on security concerns. According to the TechSci Research report, "Automated Barriers and Bollards Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028", the market stood at USD 2.08 billion in 2022 and is anticipated to grow with a CAGR of 5.19% in the forecast period.

Recent Trends and Drivers

Infrastructure Development in Emerging Countries

Emerging countries like India, China, Uganda, and Cambodia are making substantial investments in roadways development, leading to increased demand for automated barriers and bollards. For example, the government of India has allocated USD 24.20 billion for the Ministry of Road Transport and Highways in the Union Budget 2023. Similarly, China has been a role model in developing highways and high-speed rail, with the length of China's highways exceeding 169,100 kilometers as of 2021. This rapid development is driving the growth of the automated barriers and bollards market in the forecast period.

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Technological Advancements in North America

The North American region is the hub of all technological advancements and developments in the automation field. The adoption of advanced tools and technologies for safety and security purposes has led to growth in the boom barriers and bollards installations by the residential and commercial sectors. The increasing focus on safety and security in North America is expected to drive the demand for automated barriers and bollards in the region.

Population Growth and Urbanization

The global population is rapidly increasing, with an estimated 9.5 billion people expected to be living in the world by 2050. This population growth has increased the demand for residential and commercial buildings, driving the need for automated barriers and bollards for access control and security purposes. Automated bollards have the ability to rise from the pavement surface to restrict vehicular movement and retract into the ground when restrictions are not required, increasing the usability of a space while maintaining security.

Market Segmentation

The global automated barriers and bollards market is segmented into type, technology, end-user industry, and region.

Type

Barriers: Barriers are highly effective at controlling and regulating vehicular access, making them a preferred choice in applications where traffic management and security are paramount.

Technology

Push Button: Push-button controls are known for their simplicity and ease of use, requiring minimal training for operators and users. They provide instant control over the automated barriers and bollards, allowing for swift and precise access control.

End-User Industry

Residential and Commercial: Automated barriers and bollards are used for restricting and granting access to vehicles in residential and commercial building complexes. The rise in residential and commercial building complexes is expected to boost the automated barriers and bollards industry.

Region

North America: The North American region is leading in technological advancements and developments in the automation field, driving the growth of the automated barriers and bollards market. The adoption of advanced tools and technologies for safety and security purposes has led to growth in the boom barriers and bollards installations by the residential and commercial sectors.

Competitive Analysis

Key market players in the global automated barriers and bollards market include A-Safe, Faac group, Tiso Turnstiles, Newgate, Delta Scientific, and McCue. These companies are focusing on strategic initiatives such as mergers and acquisitions, product innovations, and expanding their geographical presence to strengthen their market position. For instance, A-Safe entered into a partnership with DSV to provide the protection of automatic barriers for its new distribution centers in the Netherlands, while Faac group launched a new product - FAAC 844 3PH electronic control boards, which can be used in gate barriers. Tiso Turnstiles developed and launched a Sweeper-S speed barrier gate with the slimmest footprint, and Newgate partnered with Clerk Fencing as a distributor in Ireland.

The global automated barriers and bollards market is poised for significant growth, driven by factors such as rapid urbanization, infrastructure development, and increasing security concerns. Key market players are focusing on strategic initiatives to strengthen their market position and meet the growing demand for automated barriers and bollards in various industries. The market is expected to witness substantial growth in the forecast period, especially in emerging economies where infrastructure development and urbanization are on the rise.

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

“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.

Benefits of the TechSci Research Report

Insightful Market Analysis: The report provides a comprehensive analysis of the global automated barriers and bollards market, offering valuable insights into market trends, drivers, and challenges.
Market Size and Forecast: It includes an assessment of the market size and growth potential of the automated barriers and bollards market for the forecast period, aiding in strategic decision-making.
Competitive Landscape: The report offers a detailed analysis of the competitive landscape, including key players, their strategies, and market share, helping stakeholders understand the market competition.
Segmentation Analysis: It provides a detailed segmentation analysis based on type, technology, end-user industry, and region, enabling stakeholders to identify lucrative segments.
Regional Analysis: The report includes a regional analysis of the market, highlighting key growth regions and factors driving growth in each region.
Industry Trends: It identifies and analyzes industry trends, helping stakeholders stay abreast of market developments and opportunities.
Regulatory Landscape: The report assesses the regulatory landscape affecting the automated barriers and bollards market, aiding stakeholders in understanding regulatory requirements and compliance issues.
Strategic Recommendations: It offers strategic recommendations to market players, enabling them to formulate effective strategies for market entry, expansion, and growth.
Investment Feasibility: The report assesses the investment feasibility of the automated barriers and bollards market, providing insights into potential opportunities and risks.
Market Dynamics: It analyzes the key market drivers, restraints, challenges, and opportunities shaping the automated barriers and bollards market, helping stakeholders make informed decisions.