Automated Barriers and Bollards Market by Product and Geography - Forecast and Analysis 2022-2026

The automated barriers and bollards market share is expected to increase to USD 271.48 million from 2021 to 2026, at a CAGR of 3.57%.

The automated barriers and bollards market report offer information on several market vendors, including 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, and Toshi Automatic Systems Pvt. Ltd. among others. Furthermore, this automated barriers and bollards market research extensively covers automated barriers and bollards market segmentation by product (boom barriers and bollards) and geography (Europe, North America, APAC, Middle East and Africa, and South America).

What will the Automated Barriers and Bollards Market Size be During the Forecast Period?

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Automated Barriers and Bollards Market: Key Drivers, Trends, and Challenges

The increasing adoption of automatic tolling systems is notably driving the automated barriers and bollards market growth, although factors such as high costs associated with the deployment and maintenance of automated barriers and bollards may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the automated barriers and bollards industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Automated Barriers and Bollards Market Driver

One of the key factors driving the global automated barriers and bollards market growth is the increasing adoption of automatic tolling systems. Globally, the use of automatic tolling systems is increasing in developed as well as developing countries, as they reduce congestion and eliminate the need for personnel at the toll booth, consequently reducing overhead toll charges. For example, in India, the large-scale use of the FASTag ETC system started in 2016. Currently, the use of this system is limited to major highways but will be used on tollways in the coming years. Transactions at the automatic tolling booths are made using electronic micropayment cards, ETC transponders, or RFID (radio frequency identification) smart cards, which can be recharged online. Thus, the increasing adoption of automatic tolling systems will increase the demand for automated barriers and bollards during the forecast period. 

Key Automated Barriers and Bollards Market Trend

Smart operation of automated barriers and bollards via IoT and cloud is one of the key automated barriers and bollards market trends that is expected to impact the industry positively in the forecast period. For example, CAME, an Italy-based company, offers a cloud-based CAME Connect solution that is used to remotely control and manage the company's security and access control products, including automated barriers and bollards, via remote computers or mobile devices. similarly, Auto Entry Systems offers a Coralan Cloud Management solution that allows cloud-based monitoring and management of the company's automated bollards. Along with enabling remote operations, such integrations allow end-users to collect data and analyze patterns in traffic flowing through an access point. Data received from these access control systems can be analyzed to provide insights that help manage traffic optimally and minimize congestion, which will further support the market growth in the coming years.

Key Automated Barriers and Bollards Market Challenge

One of the major factors that are expected to hamper the growth of the global automated barriers and bollards market is the high costs associated with the deployment and maintenance of automated barriers and bollards. Construction contractors and building management operators in many countries do not deploy automated barriers and bollards to reduce the cost of infrastructure development. Moreover, periodic inspections of the overall systems and hardware modernization and upgrade costs increase overhead charges. At many places, automated barrier and bollard systems are deployed initially but are not regularly maintained, which reduces the effectiveness of the entire system. Thus, end-users purchase manual barriers or other substitutes such as concrete roadblocks, which may hamper the growth of the market in focus during the forecast period.

This automated barriers and bollards market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global automated barriers and bollards market as a part of the global building products market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the automated barriers and bollards market during the forecast period.

Who are the Major Automated Barriers and Bollards Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• 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.

This statistical study of the automated barriers and bollards market encompasses successful business strategies deployed by the key vendors. The automated barriers and bollards market is fragmented and the vendors are deploying growth strategies such as the launch of new products and services to compete in the market.

Product Insights and News

• Automatic Systems - Under the unified segment, the company offers a wide range of products such as speed gate turnstiles, tripod turnstiles, security doors, vehicle barriers, and many more.
• Automatic Systems - The company offers high-security antiterrorist bollards such as RB M30-700, RB M30-900, and many more. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The automated barriers and bollards market forecast report offer in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for Automated Barriers And Bollards Market?

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31% of the market's growth will originate from APAC during the forecast period. China is the key market for automated barriers and bollards in APAC. Market growth in this region will be faster than the growth of the market in North America, South America, and Europe.

The rise in the demand for automated barriers and bollards owing to the adoption of technologically advanced access control systems, the emergence of smart city development projects, and the penetration of automatic tolling and number plate identification systems will facilitate the automated barriers and bollards market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

A drastic increase 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 and Bollards Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the automated barriers and bollards market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

What are the Revenue-generating Product Segments in the Automated Barriers and Bollards Market?

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The automated barriers and bollards market share growth by the boom barriers segment will be significant during the forecast period. The significant increase in the adoption of boom barriers in developing countries, owing to the low cost of equipment and installation, ease of maintenance, robustness, and durability, will drive the market growth through this segment in the coming years.

This report provides an accurate prediction of the contribution of all the segments to the growth of the automated barriers and bollards market size and actionable market insights on post COVID-19 impact on each segment.

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What are the Key Data Covered in this Automated Barriers And Bollards Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive automated barriers and bollards market growth during the next five years
• Precise estimation of the automated barriers and bollards market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the automated barriers and bollards industry across Europe, North America, APAC, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of automated barriers and bollards market vendors

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