On Feb 7th we reported “Parking Access and Revenue Control System Reported to Grow“.
A new report available from Market Research Vision titled “Global Bollards Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” was published last month. It talks about anticipated growth in the perimeter security bollard market.
The report focuses on anti-ram or anti-terrorist type bollards designed to prevent vehicular (cars and trucks) assaults or attacks on pedestrians and vulnerable sites. According to the findings, the global market for perimeter security bollards is showing “rapid growth”. This is in response to both needed security against terrorist attacks as well as routine traffic accidents.
The summary states: “The influx of new and innovative designs and the dependence of urban development on the bollards are among the major factors fueling the growth of the market.” Government’s attempt to provide more safety to citizens and tourists, especially in crowded areas, further fuels the anticipated growth.
The research report claims a potential near 10% annual growth over the next five years globally. Growth in the U.S. will likely exceed that projection.
This report categorizes the market by the main manufacturers in the market place, segmented global regions, types of bollards (i.e. fixed, removable and other) as well as the applications.
Bollards are vertical posts used to control unauthorized access by vehicles into areas and pathways. There are two primary categories of perimeter anti-terrorist security bollards. These are active (operable) and passive (fixed). Another type of bollard used for occasional and emergency access is removable.
There are numerous applications and you can learn more by visiting our Crash Rated Bollards page.
For your no obligation site assessment please call ECI at 847.949.013 or click below for direct contact information.