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.

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Adoption of RFID technology for better safety and traffic management is gaining traction in developing countries

The global automated barriers and bollards market is US$ 1.26 billion in 2016 and is estimated to reach US$ 1.80 billion by 2025. The increasing challenge for efficient management of traffic and security concerns are propelling the market growth. The adoption of effective technologies in the developing countries with rising awareness among government as well as population is another factor influencing the market positively. For instance, owing to traffic congestion at toll plazas and to ensure hassle-free toll collection and seamless movement of vehicles, the Indian government has implemented a countrywide Electronic Toll Collection based on RFID in 2015.

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.

Automated barriers and bollards market by end-use vertical is segmented into residential, commercial and industrial. The increasing infrastructure development coupled with rising urban population worldwide has resulted in construction of several shopping malls, hospitals, education centers, tourist spots and others. Also, the rising number of vehicles in these urban cities are creating a major challenge for parking space thus, construction of professional parking lots is gaining momentum. Such factors are expected to drive the market growth of commercial end-use vertical during the forecast period.

Some of the major players influencing automated barriers and bollards market are Avon Barrier Corporation Ltd., CAME, Omnitech Group, Houston Systems, Macs Automated Bollard Systems Ltd, LA BARRIÈRE AUTOMATIQUE, RIB srl, Automatic Systems, Nice S.p.A., and Magnetic Autocontrol GmbH among others.

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