Fact.mr offers yet another report on the growing automatic bollards and barriers marketplace. The report emphasizes that the market for automatic bollards and barriers is expected to grow steadily during the forecast period through 2026.
This is partially attributed to an increased focus on physical security and public safety (probably due to the publicity and concern over vehicular terrorist attacks). Not so surprisingly, the report also attributes the growing demand on expanding markets for efficient automated parking access and revenue control systems (PARCS).
The report covers applications running the gamut from industrial to commercial and also residential. Sub-segments include parking and revenue control system components such as vehicle detector loops, radio frequency identification devices (RFID) as well as others.
Automatic bollards and barriers are used to control vehicular access in both high security as well as low security applications. These not only include embassies, governmental facilities, nuclear facilities, etc., they are installed at parking garages, sports arenas, in toll booths, on highways for lane control, etc. These devices can be stand alone or used in multiple configurations and can be combined with other security measures in effective control of unauthorized cars and trucks.
Fact.MR is a market research company headquartered in Dublin, Ireland. Its over 600 analysts cover a wide range of industries. You can read more about the report at “Automatic Barriers and Bollards Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018 to 2026”.
At ECI one of our main focal points is terrorist attacks and counter terrorism measures, including installation of crash rated automatic wedge barriers as well as fixed and automatic perimeter security bollards of the highest level used to prevent and thwart such attacks. We also pay attention to the larger market encompassing protection of citizens and property against low speed vehicle crashes.
Call ECI today at 847.949.0134 for a free evaluation of your security requirements. Or click below for direct contact information for your sales or service needs.