The Automated Barriers and Bollards Market is expected to grow from USD 1.52 billion in 2018 to USD 1.93 billion by 2026, at a CAGR of 2.98% during the forecast period. Rise in roadways construction due to urbanization, increase in number of toll booths in developed as well as developing countries, emergence of several smart city programs, rise in demand of Automatic Number Plate Recognition (ANPR) technology for vehicle surveillance and need for better crowd and parking management solutions, for preventing unauthorized access, e.g. avoiding burglars and thieves from entering into the property are some of the driving factors of the market.
High cost of deployment, maintenance repair and lack of awareness regarding automated barriers and bollards may restrain the growth of the Automated Barriers and Bollards market.
To get sample PDF copy of the report, visit @ https://reportsanddata.com/sample-enquiry-form/1165
Key Players Profiled in the Report are:
Automatic Systems, Avon Barrier Corporation Ltd, CAME S.p.A, Houston System Inc., LA BARRIRE AUTOMATIQUE, MACS Automated Bollard Systems, Magnetic Autocontrol GmbH, Nice S.p.A, Omnitec Group, and RIB Srl, among others.
Further key findings from the report suggest
- The Automated Barriers and Bollards Market is segmented by Geography into North, America, Europe, Asia Pacific, Middle East Africa and Latin America.
- APAC is expected to have the highest growth in the market, with a CAGR of 4.56% in the forecast year, due to increasing urbanization and growth in the construction industry.
- The Automated Barriers and Bollards market is segmented by application into residential, commercial and industrial.
- The market for commercial application leads the market, with a market share of approx. USD 829.9 million, in the forecast year, and is driven by the rise in the number of shopping malls, hospitals, office building, toll plazas etc.
- However, Europe is the leading segment for this market, with a market share of aprox. USD 579 million in the forecast year.
The competitive scenario segment of the report focuses on company overview, total revenue, market potential, market share, growth rate, global presence, estimated revenue, products and services offered, and business strategies adopted. Significant players operating in the global Automated Barriers And Bollards market are evaluated by considering market share, growth rate, revenue share, and product markets. The report focuses on a detailed explanation of competition, market growth size, margins, market shares, revenue estimation, business strategies and opportunities, mergers and acquisitions, sales, industry insights, and key factors.
Segments covered in the report:
This report forecasts revenue growth at a global, regional country level, and provides an analysis on the industry trends in each of the sub-segments from 2016 to 2026. For the purpose of this study, Reports and Data have segmented on the basis of type, applications, and regional analysis.
Automated Barriers and Bollards Market by type (Revenue, USD Billion; 2018-2026)
- Push Button
- Remote Controlled
- RFID Tags Reader
- Loop Detectors
- Others
Automated Barriers and Bollards Market by applications (Revenue, USD Billion; 2018-2026)
- Residential
- Commercial
- Industrial
Regional Analysis Covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Request discount on the report @ https://reportsanddata.com/discount-enquiry-form/1165
To summarize, the report titled ‘Global Automated Barriers And Bollards Market’ provides a detailed report of the market by extensive research about the companies involved, current market status, drivers and constraints, and current and future COVID-19 oriented scenario. The study explores the historical years to provide insights into market estimation and fruitful opportunities for key players and new ventures.
Reasons for Buying this Report:
- The report focuses on market share, market size, revenue share, industry growth rate, regional bifurcation, and overall industry outlook.
- The study provides pin-point analysis for changing competitive dynamics.
- The report helps readers in understanding the product segments and their future growth.
- Analysts in this research report can quickly expand their business by focusing on various business and market strategies.
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments.
- PEST analysis of the market in the five major regions.
To know more about the “Automated Barriers And Bollards Market” report, visit @ https://www.reportsanddata.com/report-detail/automated-barriers-and-bollards-market
The report covers macro and micro-economic factors that are anticipated to affect market growth and dynamics. Along with this, the report also offers insights into the social, political, economic, and legal aspects that are anticipated to influence the growth of the market. Moreover, the report provides a thorough analysis of the size in terms of value and volume and offers an accurate forecast of the market growth and expansion.
Thank you for reading our report. For customization inquiry or further information, please connect with us, and we will ensure you get the report that meets your requirements.
About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Power and Energy, and Chemicals. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
Contact Us:
John W.
Head of Business Development
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Reports and Data | Web: www.reportsanddata.com
Connect with us: Facebook| LinkedIn | Twitter
Explore our related report from different Publications:
Construction Equipment And Heavy Equipment Market
