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Global Automated Barriers and Bollards Market 2019-2023

Global Automated Barriers and Bollards Market 2019-2023

About this market

Automatic tolling systems or electronic toll collection (ETC) systems are designed to minimize the waiting time on tollways, highways, and bridges by automating the process of toll collection and eliminating the need for cash transactions. An automated barrier is one of the key components of the automatic tolling system. Automatic tolling systems are connected to automated barriers used at tolling booths. Automatic tolling systems are used for tolling in paid vehicle parking spaces. The increasing adoption of automatic tolling systems will increase the demand for automated barriers and bollards during the forecast period. Automatic tolling systems are widely used in many developed countries across the world, including the US, Japan, and several countries in Europe. However, they are gradually gaining acceptance in developing countries. Technavio’s analysts have predicted that the automated barriers and bollards market will register a CAGR of over 4% by 2023.

Market Overview

Investments in road and highway infrastructure projects

Development roads and the increasing investments in transportation and highway infrastructure projects drive the global automated barriers and bollards market. Automated barriers and bollards are used at tolls and other secured areas along the highway.

Competition from low- quality manufacturing businesses

Low pricing strategy adopted by many automated barrier and bollard system manufacturers, especially low-quality manufacturing businesses, to increase product sales negatively impacts the profit margins of vendors operating in the industry. The availability of sub-standard barriers and bollards has forced major automated barrier and bollard manufacturers to reduce prices to remain competitive, which, in turn has adversely affected profit margins.

For the detailed list of factors that will drive and challenge the growth of the automated barriers and bollards market during the 2019-2023, view our report.

Competitive Landscape

The market appears to be fairly fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Automated Barriers and Bollards Market 2019-2023

Technavio recognizes the following companies as the key players in the global automated barriers and bollards market: Automatic Systems, Avon Barrier Corporation Ltd., CAME, Frontier Pitts Ltd., Nice S.p.A..

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the smart operations of automated barriers and bollards via loT and cloud.”

According to the report, one of the major drivers for this market is the increase in residential and commercial constructions.

Further, the report states that one of the major factors hindering the growth of this market is the high costs associated with the deployment and maintenance of automated barriers an bollards.

Companies Mentioned

Automatic Systems

Avon Barrier Corporation Ltd.

CAME

Frontier Pitts Ltd.

Nice S.p.A.

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global construction market
      • Table Segments of global construction market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by product
    • Table Product - Market share 2018-2023 (%)
    • Comparison by product
      • Table Comparison by product
    • Boom barriers - Market size and forecast 2018-2023
      • Table Boom barriers - Market size and forecast 2018-2023 ($ millions)
      • Table Boom barriers - Year-over-year growth 2019-2023 (%)
    • Bollards - Market size and forecast 2018-2023
      • Table Bollards - Market size and forecast 2018-2023 ($ millions)
      • Table Bollards - Year-over-year growth 2019-2023 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Automatic Systems
      • Table Automatic Systems - Vendor overview
      • Table Automatic Systems - Product segments
      • Table Automatic Systems - Organizational developments
      • Table Automatic Systems - Key offerings
    • Avon Barrier Corporation Ltd.
      • Table Avon Barrier Corporation Ltd. - Vendor overview
      • Table Avon Barrier Corporation Ltd. - Product segments
      • Table Avon Barrier Corporation Ltd. - Organizational developments
      • Table Avon Barrier Corporation Ltd. - Key offerings
    • CAME
      • Table CAME - Vendor overview
      • Table CAME - Product segments
      • Table CAME - Organizational developments
      • Table CAME - Key offerings
    • Frontier Pitts Ltd.
      • Table Frontier Pitts Ltd. - Vendor overview
      • Table Frontier Pitts Ltd. - Product segments
      • Table Frontier Pitts Ltd. - Organizational developments
      • Table Frontier Pitts Ltd. - Key offerings
    • Nice S.p.A.
      • Table Nice S.p.A. - Vendor overview
      • Table Nice S.p.A. - Product segments
      • Table Nice S.p.A. - Organizational developments
      • Table Nice S.p.A. - Geographic focus
      • Table Nice S.p.A. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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