The global barrier systems market size is expected to reach
USD 24.5 billion by 2025, registering a CAGR of 9.8% from 2020 to 2025,
according to a new report by Grand View Research, Inc. The growth can be
attributed to their increasing use in commercial, residential, and high-end
security applications. Moreover, these solutions enable access to vehicles and
pedestrians at crossing points to avoid accidents, thereby increasing their
adoption.
Numerous vendors offer high-security
barrier solutions, which are used in vehicle access control systems to protect
critical infrastructure and stop projectile impacts. Furthermore, barrier
systems include trigger loops and timers to help reduce traffic congestion. The
monitoring and access control solutions ensure that property and assets are
protected from thieves.
Increasing consumer preference for
residential safety and security is anticipated to contribute to barrier system
market growth. Governments across the globe are taking initiatives for
infrastructure development, which is further expected to favor market growth
over the forecast period. Surge in incidents of security breach are fueling the
need for safety and security, which in turn is driving product adoption in
end-use industries.
Rapid industrialization and increasing
construction activities across the globe are expected to propel market growth
over the forecast period. In addition, increasing terrorism, illegal events,
and fraudulent activities have led to a rise in the adoption of barrier
systems. These solutions are also widely adopted in data centers and financial
institutions to avoid intrusion, property damage, and data theft, among others.
Browse full research report on Barrier Systems Market: https://www.grandviewresearch.com/industry-analysis/barrier-systems-market
Further key findings from the report suggest:
- By type, the bollards segment is expected to witness
significant growth over the forecast period owing to increased adoption of
removable bollards in monitoring and controlling traffic flow
- Based on function, the passive segment is expected to
dominate the barrier systems market over the forecast period. These
variants cover large areas, which demand crash rated and engineered
anti-ram protection
- The perimeter security and alarms segment is expected to
witness significant growth over the forecast period based on access
control device. This is owing to increased demand for video surveillance
solutions and intrusion detection systems in smart city infrastructures
- By end use, the military and defense segment is expected to
dominate the market over the forecast period. Increasing cross-border
conflicts have triggered the need for barrier solutions in the military
and defense industry
- Asia Pacific is expected to emerge as the fastest-growing
regional market over the forecast period. The growth can be attributed to
rapid deployment of access control devices in the region to secure office
complexes, manufacturing plants, buildings, and other facilities
- Key market players include Betafence; Delta Scientific
Corporation; Hill & Smith Holdings PLC; Lindsay Corporation; Senstar
Corporation; Tata Steel Limited; and Valmont Industries, Inc.
Browse
request sample of this report by Grand View Research: https://www.grandviewresearch.com/industry-analysis/barrier-systems-market/request/rs1
Grand View Research has segmented the global barrier systems
market on the basis of type, function, access control device, end use, and
region:
Barrier Systems Type Outlook (Revenue, USD Billion, 2014 - 2025)
- Bollards
- Crash
Barrier Systems
- Drop
Arms
- Fences
- Others
Barrier Systems Function Outlook (Revenue, USD Billion, 2014 -
2025)
- Active
- Passive
Barrier Systems Access Control Device Outlook (Revenue, USD
Billion, 2014 - 2025)
- Biometric
Systems
- Perimeter
Security Systems & Alarms
- Token
& Reader Technology
- Turnstile
- Others
Barrier Systems End-use Outlook (Revenue, USD Billion, 2014 -
2025)
- Commercial
- Data
Centers
- Financial
Institutions
- Government
- Industrial
- Petrochemical
- Military
& Defense
- Transportation
- Others
Barrier Systems Regional Outlook (Revenue, USD Billion, 2014 - 2025)
- North
America
- U.S.
- Canada
- Europe
- France
- Germany
- U.K.
- Asia
Pacific
- Australia
- China
- India
- Japan
- Latin
America
- Brazil
- Mexico
- Middle
East & Africa
About
Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
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