Automated Barrier & Bollards Market: Introduction
Automated barrier & bollards restrict the entry of vehicles, and are used to prevent vehicles from ramming and intrusions. Automated barrier & bollards are physical barriers, which can be completely retracted and used to guide and control traffic. They are also used in applications ranging from parking lots to tollways.
Automated Barrier & Bollards Market: Competitive Landscape
In February 2019, Hill & Smith Holdings PLC acquired ATG Access Ltd for US$ 24.81 Mn. ATG Access provides traffic and security management solution, such as bollards, barriers, and road blockers. The acquisition will enable Hill & Smith Holdings PLC to expand across new regions and introduce new products.
AVON Barrier Corporation Ltd
Founded in 1988, AVON Barrier Corporation Ltd is headquartered in Bristol, the U.K. The company provides security solutions such as vehicle security barriers, security bollards, road blockers, sliding automatic gates, and turnstiles. The company supplies security solutions to over 70 countries worldwide. AVON Barriers Corporation Ltd provides automated barriers & bollards solutions to various industries, including oil & gas, airports, ports & railways, stadiums & public places, and utilities.
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Founded in 1969, Automatic Systems is headquartered in Quebec, Canada. The company is a global player in automated barriers & bollards market. The company has five manufacturing plants and three R&D centers worldwide. Automatic Systems have supplied 3000,000 units in 150 countries worldwide.
Global Automated Barrier & Bollards Market: Dynamics
Need for Safety & Security and Effective Traffic Management to Drive Global Market
Demand for public safety and security in commercial and public areas has led to the adoption of automated barrier & bollards. Bollards effectively safeguard and protect pedestrian and reduces accidents. Automated barrier & bollards are being adopted to control traffic and congestion in cities, and in secured areas, along the highway. Rise in demand for parking management solutions and to stop unauthorized entry are anticipated to fuel the demand for automated barriers & bollards.
Rapid Urbanization to Drive Global Automated Barriers & Bollards Market
Developing countries are investing in infrastructure development to drive economic growth. Systematic city planning and infrastructure is fueling the demand for automated barriers and bollards. Trends, such as smart city programs for sustainable development are expected to drive the automated barrier & bollards market. Investments in road development with rise in the number of tolls and advent of electronic tolling systems are estimated to propel the growth of the global automated barrier & bollards market.
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Global Automated Barrier & Bollards Market: Segmentation
In terms of type, the global automated barrier & bollards market can be segmented into:
- Push Button
- Remote Controlled
- RFID Tags Detectors
Based on application, the global automated barrier & bollards market can be divided into:
The report on global automated barrier & bollards market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and regions.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.