Authored By: Sarah
18 Aug 2024

Automated Barriers And Bollards Market 2024-2028: Size and High costs associated with deployment and maintenance of automated barriers and bollards; growth driven by the Product, Some of key Companies Positioned Strategically

The automated barriers and bollards market size by Product (Boom barriers and Bollards) and Geography (Europe, North America, APAC, Middle East and Africa, and South America), is forecast to increase by USD 349.1 million. The market is expected to grow at a CAGR of   4.5% between 2024 and 2028.

  • In the realm of security solutions, automated barriers and bollards carry a higher cost compared to their manually operated counterparts. For instance, a fundamental electro-mechanical, push-button-operated automated boom barrier may cost three to five times more than a manual boom barrier. The expense escalates as these automated systems are integrated with additional traffic management technologies. Construction contractors and building management operators in various countries forego the deployment of automated barriers and bollards due to the increased infrastructure development costs. Similarly, the price tag for automated bollards is substantially higher than that of fixed bollard alternatives and automated boom barriers.
  • The Automated Barriers and Bollards market represents a significant growth opportunity for businesses seeking to enhance security and access control. These systems offer automated, efficient solutions for managing vehicle and pedestrian traffic, reducing manual labor costs and improving safety. Key market drivers include increasing security concerns, urbanization, and infrastructure development projects. Companies investing in Automated Barriers and Bollards can expect robust returns through enhanced security, streamlined traffic management, and long-term cost savings.

Access the full report to know who are the other key countries segment-wise forecast and historic data

 

Some of the Key Companies:

  • 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
  • Toshi Automatic Systems Pvt. Ltd.

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Jesse Maida
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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