Automated Barriers & Bollards Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.00 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Automated Barriers & Bollards Market Analysis
The Automated Barriers and Bollards Market is expected to register a CAGR of more than 4% during the forecast period of 2022-2027.
Several developing countries in the Asia Pacific, South America, and the African region are witnessing rapid growth and modernization. There has been a huge development in roadways infrastructure along with the number of toll booth installations every year. There is a gradual rise in the demand for vehicles, and with this, the capacity of toll booths has also increased swiftly. This demand will be fulfilled either by adding new toll lanes or by expanding the throughput of existing lanes. Along with the deployment of new toll lanes, new boom barrier installation will also grow.
Emerging countries like India, China, Uganda, and Cambodia are also making huge investments in roadways development. The fund allocated by the government of India for the Ministry of Road Transport and Highways has seen a 68% increase with USD 24.20 billion set aside for it in the Union Budget 2023. China has been a role model in developing highways and high-speed rail. As of 2021, the length of China's highways exceeded 169,100 kilometers. Subsequently, driving the growth of the automated barriers and bollards market in the forecast period.
For the global automated barriers and bollards market, the North American region is the hub of all technological advancements and developments in the automation field. The adoption of advanced tools & technologies for safety & security purposes has led to growth in the boom barriers and bollards installations by the residential sector and commercial sector.
COVID-19 affected the import and export of construction materials globally. China is one of the largest exporter of construction materials , COVID-19 impact has affected economy of China for both import and export of construction materials. The manufacturers and investors witnessed an excessively receding economic slowdown during the pandemic times. Decrease in consumer demand and consumption have led to the reduction and downtrodden sales of construction materials globally over COVID-19 period. Further to potential price increases, the difficulities to procure materials has inevitably slowed down the overall rate of progress on many construction projects.
Automated Barriers & Bollards Market Trends
This section covers the major market trends shaping the Automated Barriers & Bollards Market according to our research experts:
Growth in Smart Parking System
The smart parking system is being driven by an increase in parking concerns, and rising demand for Internet of Things (loT) based technology, and a high adoption rate in the number of vehicles. Furthermore, growth in the development of driverless vehicles, as well as government initiatives to build smart cities around the world, are expected to create great opportunities for market growth. The rise of cashless transactions and e-payment options are opening new way for smart parking solution providers to pursue. Furthermore, advancements in artificial intelligence and machine learning are assisting businesses in making game-changing discoveries in the field.
Growth in Infrastructure Projects Development Globally
India is the country with the most infrastructure projects in development or execution valued at over USD 25 million as of May 2022. In contrast to India's 1,944 construction projects, the United States had 1,866 such projects, and China with 1,175.
Asia is the region reporting growth, in both the number and value of projects. FDI inflows to Asia-Pacific remained resilient; the region stood out as an attractive destination for international investments throughout the pandemic. For instance, in India, despite steady GDP deceleration in the last few years, the government attracted significant and steady foreign direct investment (FDI) inflows in the last decade. In the first nine months of 2020-21, India attracted equity FDI of USD 51.4 billion, up 40% compared to USD 36.77 billion during the same period the previous year.
Extreme growth in the number of COVID-19 cases in countries such as China, India, South Korea, and Malaysia negatively impacted the growth of the regional market in 2020 and in early 2021. However, the market is expected to rebound by the end of 2022, as various governments in the region have increased their budget allocation for the coming years. Thus, the regional market is expected to show a positive growth rate during the forecast period.
Automated Barriers & Bollards Industry Overview
The Automated Barriers and Bollards Market is a fragmented market, with several large companies strategically forming alliances with mid-sized or small-sized companies to leverage their regional capabilities in the automated barriers and bollards market. Major regional players have been observed to venture into new regions, allowing the companies to improve their geographic reach. New competitors are entering the automated barriers and bollards market with customized and industry-specific services. Some of the major players in the market include Automatic System, Avon Barrier, Macs Automated Bollard Systems Ltd, Houston Systems Private Limited, Magnetic Autocontrol GmbH etc.
Automated Barriers & Bollards Market Leaders
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Automatic Systems
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Avon Barrier
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Macs Automated Bollard Systems Ltd
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Houston Systems Private Limited
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Magnetic Autocontrol GmbH
*Disclaimer: Major Players sorted in no particular order
Automated Barriers & Bollards Market News
May 2022: Delta Scientific (developing and making vehicle access control equipment) announced that its DSC550 barrier which will stop a 15,000 pound (66.7 Km) vehicle traveling 50 mph (80 kph) has just met the criteria of the United States Department of State for continuous operations of 1 million cycles.
Dec 2021: McCue (A company manufacturing safety products) announced the launch of SafeStop Bollard 15. SafeStop Bollard 15 absorbs and withstands impacts up to 15,000 J, keeping people safe and facilities damage-free. These safety bollards advance workplace safety and most importantly, protect people from harm.
Automated Barriers & Bollards Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Market Definition
- 1.3 Scope of the Study
2. EXECUTIVE SUMMARY
3. RESEARCH METHODOLOGY
4. MARKET INSIGHTS AND DYNAMICS
- 4.1 Market Overview
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4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Oppurtunities
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4.3 Porter's Five Forces Analysis
- 4.3.1 Porter's Five Forces Analysis
- 4.3.2 Bargaining Power of Consumers
- 4.3.3 Threat of New Entrants
- 4.3.4 Threat of Substitutes Products and Services
- 4.3.5 Intensity of Competitive Rivalry
- 4.4 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
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5.1 By Product
- 5.1.1 Push Button
- 5.1.2 Remote Controlled
- 5.1.3 RFID Tag Reader
- 5.1.4 Loop Detectors
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5.2 By End-user
- 5.2.1 Residential
- 5.2.2 Commercial
- 5.2.3 Industrial
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5.3 By Geography
- 5.3.1 North America
- 5.3.2 Europe
- 5.3.3 Asia-Pacific
- 5.3.4 Middle East & Africa
- 5.3.5 Rest of the world
6. COMPETITIVE LANDSCAPE
- 6.1 Overview (Market Concentration Overview, Major Players)
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6.2 Company Profiles
- 6.2.1 Automatic System
- 6.2.2 Avon Barrier
- 6.2.3 Macs Automated Bollard System Ltd
- 6.2.4 Houston System Private Limited
- 6.2.5 Magnetic Autocontrol GmbH
- 6.2.6 Omnitec Group
- 6.2.7 Hill Smith Holdings Plc
- 6.2.8 Optima Technic
- 6.2.9 BFT Automation
- 6.2.10 Consel Group AG*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. APPENDIX
- 8.1 Gdp Distribution, By Activity-key Countries
- 8.2 Insights On Capital Flow - Key Countries
Automated Barriers & Bollards Industry Segmentation
Automated Barriers and Bollards are gaining popularity because of developing concerns regarding public safety and security in crowded and industrial areas, for example, food courts, theaters, and shows. Boundary entryways are level shafts or bars turned to deal with the progression of vehicles by permitting or stopping the vehicle. Street construction has given an approach to mechanized boundaries to be introduced out and about (center or sideways) globally. Automated barriers and bollards products limitation of vehicle entry in multiple indoor and outdoor construction, for example, tollgates, high-security areas, parking areas of retail outlets, workplaces, hotels, and sports centers.
It also provides a comprehensive analysis of the Segmentation By Product (Push Button, Remote Controlled, RFID Tags Reader, Loop Detectors), By End-user (Residential, Commercial, Industrial), By Geography (North America, Europe, Asia-Pacific, Middle East & Africa and Rest of the world).
The report offers the market sizes and forecasts for the automated barriers and bollards market in value (USD) for all the above segments. Furthermore, the report also provides company profiles of leading market players to understand the competitive landscape of the market.
| By Product | Push Button |
| Remote Controlled | |
| RFID Tag Reader | |
| Loop Detectors | |
| By End-user | Residential |
| Commercial | |
| Industrial | |
| By Geography | North America |
| Europe | |
| Asia-Pacific | |
| Middle East & Africa | |
| Rest of the world |
Automated Barriers & Bollards Market Research FAQs
What is the current Automated Barriers and Bollards Market size?
The Automated Barriers and Bollards Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)
Who are the key players in Automated Barriers and Bollards Market?
Automatic Systems, Avon Barrier, Macs Automated Bollard Systems Ltd, Houston Systems Private Limited and Magnetic Autocontrol GmbH are the major companies operating in the Automated Barriers and Bollards Market.
Which is the fastest growing region in Automated Barriers and Bollards Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Automated Barriers and Bollards Market?
In 2024, the North America accounts for the largest market share in Automated Barriers and Bollards Market.
What years does this Automated Barriers and Bollards Market cover?
The report covers the Automated Barriers and Bollards Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Automated Barriers and Bollards Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Automated Barriers and Bollards Industry Report
Statistics for the 2024 Automated Barriers and Bollards market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Automated Barriers and Bollards analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
