Automated Barriers and Bollards Market Size, Share, Competitive Landscape and Trend Analysis Report, by Type, by Technology, by End User Industry : Global Opportunity Analysis and Industry Forecast, 2022-2031

Automated Barriers And Bollards Market Research, 2031

The global automated barriers and bollards market size was valued at $1.4 billion in 2021, and is projected to reach $2.1 billion by 2031, growing at a CAGR of 4.3% from 2022 to 2031. Automated barrier is a motorized boom barrier gate used for controlling vehicular movement, and automated bollards are solid posts, that are typically used to form a protective or architectural perimeter around a building. Automated barriers are extensively used in toll booths and parking lots, whereas, automated bollards are used in high security applications.

The use of automated barriers and bollards has significantly increased in the past few years, owing to rise in number of malls, theatres, residential buildings, office spaces, stadiums and others. Automatic barriers are an ideal solution for parking lots, as they require minimum human intervention, and help reducing the operating cost. Automated bollards are extensively used in military facilities, airports and embassies owing to its ability to stop the movement of an intruding vehicle. Moreover, automated barriers and bollards use various types of technologies such as RFID technology, loop detector, push button system and pressure sensors.

There is a rapid increase in the global population. It is estimated that by the year 2050, there will be more than 9.5 billion people living in the world, compared to about 7.5 billion in 2021. The rise in population has increased the demand for residential as well as commercial buildings. Automated bollards and barriers are used for restricting and granting access to the vehicles in the building premises. Thus, rise in residential as well as commercial building complexes is expected to boost the automated barriers and bollards industry. Automated bollards have the ability to rise from the pavement surface in order to restrict vehicular movement and to retract in the ground when restrictions are not required. Thus, automated bollards increase the usability of a space, while maintaining security.  Furthermore, automated barriers and bollards are available in a wide range of sizes and with various operating technologies, thereby posisitvley influencing the automated barriers and bollards market growth.

In addition, major manufacturers of automated barriers and bollards components offer a wide range of products and services, to meet the customer needs, and increase their market share in this competitive market. For instance, in October 2021, CAME, a company involved in manufacturing security products, introduced, SYGMA 4, a new centralized access control management system for retractable bollards. This system is expected to ease the management of retractable bollards.

COVID-19 had spread rapidly across various countries and regions, causing an enormous impact on the lives of people and the overall community. It began as a human health condition and later became a significant threat to global trade, economy, and finance. The COVID-19 pandemic halted the production of many components of automated barriers and bollards due to lockdown. The economic slowdown initially resulted in reduced spending on various residential and non-residential building construction projects, thereby negatively affecting the automated barriers and bollards market However, owing to the introduction of various vaccines, the severity of COVID-19 pandemic has reduced significantly. As of mid-2022 the number of COVID-19 cases have diminished significantly. This has led to the full-fledged reopening of automated barriers and bollards manufacturing companies at their full-scale capacities. Moreover, it has been more than two years since the outbreak of this pandemic, and many companies have already shown notable signs of recovery.

Furthermore, the increasing GDP of the countries across the world, especially the developing nations are increasing their spendings on the construction of public infrastructure. This is expected to provide lucrative opportunities for the market growth.

The automated barriers and bollards market report is segmented into Type, Technology and End User Industry. On the basis of type, the market is bifurcated into barriers, and bollards. On the basis of technology, the market is categorized on the basis of push button, RFID, remote controlled, loop detectors, and others. On the basis of end-user industries, it is bifurcated into building complexes, and public infrastructure. On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Europe held the largest automated barriers and bollards market share in 2021. Whereas, Asia-Pacific is anticipated to grow at a highest CAGR. This is attributed to increased investments in building construction projects.

Competition Analysis 

Key companies profiled in the automated barriers and bollards market forecast report include Avon Barrier Corporation Ltd., Bolloré Group (Automatic Systems), CAME S.p.A, FAAC Group (Magnetic Autocontrol GmbH), Houston System Inc., La Barrière Automatique, Macs Automated Bollard Systems Ltd., Nice S.p.A, Omnitec Group, and RIB srl.

Key Benefits For Stakeholders

• This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the automated barriers and bollards market analysis from 2021 to 2031 to identify the prevailing automated barriers and bollards market opportunity.
• The report offers automated barriers and bollards market overview along with information related to key drivers, restraints, and opportunities.
• Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis of the automated barriers and bollards market segmentation assists to determine the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global market.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
• The report includes the analysis of the regional as well as global automated barriers and bollards market trends, key players, market segments, application areas, and market growth strategies.

  Automated Barriers and Bollards Market Report Highlights

Aspects	Details
Market Size By 2031	USD 2.1 billion
Growth Rate	CAGR of 4.3%
Forecast period	2021 - 2031
Report Pages	225
By End User Industry	Building complexes Public infrastructure
By Type	Barriers Bollards
By Technology	RFID Remote Controlled Loop Detectors Others Push button
By Region	North America  (U.S., Canada, Mexico) Europe  (Germany, France, UK, Italy, Rest of Europe) Asia-Pacific  (China, Japan, India, South Korea, Rest of Asia-Pacific) LAMEA  (Latin America, Middle East, Africa)
Key Market Players	RIB Srl, Avon Barrier Corporation Ltd, Houston System Inc., La Barrire Automatique, CAME S.p.A, FAAC Group (Magnetic Autocontrol GmbH), Bolloré Group (Automatic Systems), Nice S.p.A, Omnitec Group, MACS Automated Bollard Systems

Analyst Review

The automated barriers and bollards market has witnessed significant growth in past few years, owing to its extensive use in malls, theatres, embassies and stadiums for vehicular movement management and security applications.

The growth of global population has significantly increased the number of buildings and vehicles in the past few years. This has created a demand for vehicle management solutions, thus, creating a demand for automated barriers and bollards. Furthermore, governments across the globe have focused on development of infrastructure projects such as roads, bridges, walkways and parking lots through PPP (public–private partnership) model. These projects make extensive use of automated barriers and bollards for collecting tolls and ensuring hassle-free vehicle movement. In addition, automated barriers and bollards are available in a wide range of sizes, thereby enhancing its usability. Such factors are driving the growth of automated barriers and bollards market.

Moreover, the advancements in technologies that enable easy operation and enhanced durability of the automated barriers and bollards, is anticipated to provide lucrative opportunities for the market growth.

Author Name(s) : Sumit Kumar Sharma | Sonia Mutreja

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