Global Bollard Market - Market Size, Share & Industry Trends, Growth Analysis Report by Product Type, By Consumption and Forecast 2022 – 2032
Global Bollard Market by Type (Remote Controlled, Push Button, Loop Detectors, and Others), Application (Commercial, Residential, and Industrial), and Regions, The Asia Pacific, Middle East Africa, Europe, North America, and Latin America) - Global Industry Analysis, Share, Growth, Trends, Size, and Forecast 2022 – 2032
The Bollard market size was valued at USD 2.4 billion in 2022 and is expected to surpass USD XX billion by 2032, expanding at a CAGR of 3.5 % during the forecast period, 2022–2032. The market's growth is attributed to the increasing private-public partnerships (PPPs) to promote infrastructural development.
Bollards are short, vertical posts that are typically made of steel, concrete, or wood, and are used to create a physical barrier or guide pedestrians and vehicles. They can be used to regulate vehicle and pedestrian traffic, protect buildings and pedestrians from vehicle impact, and define pedestrian spaces.
There are different types of bollards, depending on their function and design. Removable bollards, for example, can be easily removed to allow vehicles to pass through, while fixed bollards are permanent. Retractable bollards are also available, which can be raised or lowered as needed. Decorative bollards are also used in urban areas to enhance the aesthetics of a space.
Bollards are commonly used in a wide range of applications, including
Overall, Bollards are an effective and versatile solution for traffic management and safety in various environments
Market Trends, Drivers, Restraints, and Opportunities
Scope of the Report
|Report Title||Bollard Market - Global Industry Analysis, Share, Growth, Trends, Size, and Forecast|
|Segmentation||Type (Remote Controlled, Push Button, Loop Detectors, and Others), Application (Commercial, Residential, and Industrial)|
|Regional Scope||The Asia Pacific, Middle East Africa, Europe, North America, and Latin America|
|Report Coverage||Market Analysis Company Share & Size, Growth Factors, Trends, Competitive Landscape, Trends, and Revenue Forecast|
|Key Players Covered in the Report||Hill Smith Holdings Plc (U.K.); Omnitec Group (UAE); Avon Barrier Corporation Ltd. (U.K); Hormann Group (Germany)|
Market Segment Insights
The remote-controlled segment is projected to register a considerable CAGR
Based on type, the bollard market is divided into remote-controlled, push button, loop detectors, and others. The remote-controlled segment is expected to expand rapidly during the forecast period owing to the advantages of remote-controlled barriers and bollards such as height adjustments and integration with CCTV cameras.
The commercial segment is expected to expand at a rapid pace
Based on application, the bollard market is divided into commercial, residential, and industrial. The commercial segment is expected to expand at a rapid pace during the forecast period owing to the increasing adoption of advanced control systems and smart parking systems for parking and traffic management in major cities.
The Asia Pacific is anticipated to constitute a key market share
In terms of regions, the bollard market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of Asia Pacific is expected to constitute a key share of the market during the projected period owing to increasing road construction projects and smart city programs coupled with the growing adoption of electronic tolling systems. However, the market of North America is anticipated to expand at a rapid pace during the forecast period owing to the advantages of automated systems over manual one in ensuring authorized entry with help of RFID readers & access cards. Moreover, the market in Europe is expected to register a significantly fast revenue growth rate over the forecast period. The growth in the region is attributed to its strong network of toll roads and electronic toll connection system.
Key players competing in the Bollard market are Hill Smith Holdings Plc (U.K.); Omnitec Group (UAE); Avon Barrier Corporation Ltd. (U.K); Hormann Group (Germany).
Mention the market size of Bollard in 2022.
The market size of Bollard in 2022 was USD 2.4 billion.
During the forecast period, what is the CAGR of the market?
During the forecast period, the CAGR of the market is expected to be 3.5%.
What are the key drivers of the market?
The market's growth is attributed to the increasing private-public partnerships (PPPs) to promote infrastructural development.
What segments are covered in the Bollard report?
The segments covered in the report are type (remote-controlled, push button, loop detectors, and others), and application (commercial, residential, and industrial).
Mention which region is expected to hold the highest share of the Bollard market.
The Asia Pacific region is expected to hold the highest share of the Bollard market.
Which segment holds the largest market share in Bollard by 2032?
The commercial segment holds the largest market share in Bollard by 2032.
Mention the key players in the market.
Hill Smith Holdings Plc (U.K.); Omnitec Group (UAE); Avon Barrier Corporation Ltd. (U.K); Hormann Group (Germany)
1 INTRODUCTION TO GLOBAL BOLLARD MARKET
1.1 Overview of the Market
1.2 Scope of Report
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF WISH TREE INSIGHTS
3.1 Data Mining
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL BOLLARD MARKET OUTLOOK
4.2 Market Dynamics
4.3 Value Chain Analysis
5 GLOBAL BOLLARD MARKET, BY TYPE
5.2 Remote Controlled
5.3 Push Button
5.4 Loop Detectors
6 GLOBAL BOLLARD MARKET, APPLICATION
7 GLOBAL BOLLARD MARKET, BY GEOGRAPHY
7.2 North America
7.3.4 Rest of Europe
7.4 The Asia Pacific
7.4.4 Rest of Asia Pacific
7.5 Rest of the World
7.5.1 Latin America
7.5.2 The Middle East & Africa
8 GLOBAL BOLLARD MARKET COMPETITIVE LANDSCAPE
8.2 Company Market Ranking
8.3 Key Development Strategies
9 COMPANY PROFILES
9.1 Hill Smith Holdings Plc (U.K.)
9.1.2 Financial Performance
9.1.3 Product Outlook
9.1.4 Key Developments
9.2 Omnitec Group (UAE)
9.2.2 Financial Performance
9.2.3 Product Outlook
9.2.4 Key Developments
9.3 Avon Barrier Corporation Ltd. (U.K)
9.3.2 Financial Performance
9.3.3 Product Outlook
9.3.4 Key Developments
9.4 Hormann Group (Germany)
9.4.2 Financial Performance
9.4.3 Product Outlook
9.4.4 Key Developments
10.1 Related Research
Segments Covered in the Report
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