Global Automated Barriers And Bollards Market 2024-2028

Global Automated Barriers And Bollards Market 2024-2028

The automated barriers and bollards market is forecasted to grow by USD 349.1 mn during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the automated barriers and bollards market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing adoption of automatic tolling systems, investments in road and highway infrastructure projects, and increase in residential and commercial constructions.

Technavio's automated barriers and bollards market is segmented as below:

By Product

• Boom barriers
• Bollards

By Geographical Landscape

• Europe
• North America
• APAC
• Middle East and Africa
• South America

This study identifies the smart operation of automated barriers and bollards via iot and cloud as one of the prime reasons driving the automated barriers and bollards market growth during the next few years. Also, increase in development of smart cities and integration of automated barriers and bollards with other security systems will lead to sizable demand in the market.

The report on the automated barriers and bollards market covers the following areas:

• Automated barriers and bollards market sizing
• Automated barriers and bollards market forecast
• Automated barriers and bollards market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automated barriers and bollards market vendors that include ATG Access Ltd., Auto Entry Systems, Automatic Systems, Avon Barrier Corp. Ltd., BGI BARRIERS, CAME URBACO SA, FAAC Spa, Frontier Pitts Ltd., Houston Systems Pvt. Ltd., La Barriere Automatique, Macs Automated Bollard Systems Ltd., Nice SpA, Omnitec Group, Peak Rock Capital LLC, Perimeter Protection Germany GmbH, Quiko Italy, RIB srl, and Toshi Automatic Systems Pvt. Ltd.. Also, the automated barriers and bollards market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.