Report forecast the global automatic boom barrier market to
grow at a CAGR of 14.49% during the period 2016-2020.
Automatic boom barriers are majorly used for security
management, especially at places that require high security. Boom barriers help
keep track of the entry and exit of vehicles and preventing the entry of
unauthorized vehicles. It is used in commercial, residential, industrial, and
government buildings for security purposes. It is also used to control traffic
at railway crossings, toll booths, drawbridges, and others. It comes in various
shapes and sizes depending on the requirement at the places where it is used.
The report covers the present scenario and the growth
prospects of the global automatic boom barrier market for 2016-2020. To
calculate the market size, the report considers the revenue generated from the
worldwide retail sales of automatic boom barriers in the market.
The market is divided into the following segments based
on geography:
- APAC
- Europe
- North America
- ROW
According to the report, there has been an increase in the
construction of new roads, bridges, and other infrastructures in both developed
and developing countries. Also, existing roads, bridges, and another
infrastructure require frequent repairs. Around 18% of major roads in the US
are in poor condition, and nearly around 24% of all bridges in the US are
structurally deficient or functionally obsolete. So, to address this issue, the
US Department of Transportation has selected over a dozen transportation
projects that will receive funding for repairs.
Further, the report states that although automatic boom
barriers are used for access control, it does not always provide high security
as it can be easily broken with the impact from a moving vehicle. Additionally,
it blocks the whole width of the road where it is installed, making it
impossible for the pedestrians or cyclists to pass through even when only big
vehicles are required to be checked for security purposes.
Global Automatic Boom Barrier Market 2016-2020, has
been prepared based on an in-depth market analysis with inputs from industry
experts. The report covers the market landscape and its growth prospects over
the coming years. The report also includes a discussion of the key vendors
operating in this market.
key players in the global automatic boom barrier market: AG
Secure, Avon Barrier, BGI Barriers, CAME, Centurion Systems, FAAC, Frontier
Pitts, Honeywell, Houston Systems, IER, Mega Regent International, MonoQue,
Omnitec, Perimeter Protection, Quiko Italy, The Nice, Toshi, and ZKTeco.
Market driver
- Decreased oil prices boosting construction markets
- For a full, detailed list, view our report
Market challenge
- Alternative access control security solutions
- For a full, detailed list, view our report
Market trend
- Integration of boom barriers with other security systems
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 51 pages and 26 Exhibits “Global
Automatic Boom Barrier Market 2016 - 2020” report covers Executive summary, Scope
of the report, Market research methodology, Introduction, Market landscape, Market
segmentation by application, Geographical segmentation, Market drivers, Impact
of drivers, Market challenges, Impact of drivers and challenges, Market trends,
Vendor landscape, Appendix.
For
more information Visit at: http://mrr.cm/38V
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