Automated Barriers and Bollards Market Analysis By Industry Value, Market Size, Top Companies And Growth Forecast To 2025


Global automated barriers and bollards market is expected to grow from US$ 1.26 billion in 2016 to US$ 1.80 billion by 2025 at a CAGR of 4.07% between 2017 and 2025.

Automated Barriers and Bollards market operates in a highly fragmented industry with large number of local players capturing limited regional market place. Some leading companies in this market continues to broaden its addressable market, by expanding its current product portfolio, diversifying its client base, and adopting new technological developments.

Some of the major driving factors contributing to the market growth are rising roadways construction and the number of toll booth in developed as well as developing countries, as well as growth in the implementation of smart city programs and ANPR penetration.

However, high cost and low consumer awareness, and interoperability and system integration issues are some of restraining factors behind slow growth of boom barriers and bollards market during the forecast period. The South America automated barriers and bollards market region is expected to witness a CAGR growth rate of 5.1% in the coming years.

Automated Barriers and Bollards Market Top Key Players: Automatic Systems, Avon Barrier Corporation Ltd, CAME S.p.A, Houston System Inc., LA BARRIÈRE AUTOMATIQUE, MACS Automated Bollard Systems, Magnetic Autocontrol GmbH, Nice S.p.A, Omnitec Group, RIB Srl

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