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Automated Barriers And Bollards Market size is set to grow by USD 349.1 million from 2024-2028, Increasing adoption of automatic tolling systems boost the market, Technavio

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NEW YORK, Aug. 5, 2024 /PRNewswire/ — The global automated barriers and bollards market size is estimated to grow by USD 349.1 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  4.5%  during the forecast period. Increasing adoption of automatic tolling systems is driving market growth, with a trend towards smart operation of automated barriers and bollards via iot and cloud. However, high costs associated with deployment and maintenance of automated barriers and bollards  poses a challenge. Key market players include ATG Access Ltd., Auto Entry Systems, Automatic Systems, Avon Barrier Corp. Ltd., BGI BARRIERS, CAME URBACO SA, FAAC Spa, Frontier Pitts Ltd., Houston Systems Pvt. Ltd., La Barriere Automatique, Macs Automated Bollard Systems Ltd., Nice SpA, Omnitec Group, Peak Rock Capital LLC, Perimeter Protection Germany GmbH, Quiko Italy, RIB srl, and Toshi Automatic Systems Pvt. Ltd..

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Automated Barriers And Bollards Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 4.5%

Market growth 2024-2028

USD 349.1 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

4.23

Regional analysis

Europe, North America, APAC, Middle East and Africa, and South America

Performing market contribution

Europe at 32%

Key countries

US, Italy, UK, Germany, and China

Key companies profiled

ATG Access Ltd., Auto Entry Systems, Automatic Systems, Avon Barrier Corp. Ltd., BGI BARRIERS, CAME URBACO SA, FAAC Spa, Frontier Pitts Ltd., Houston Systems Pvt. Ltd., La Barriere Automatique, Macs Automated Bollard Systems Ltd., Nice SpA, Omnitec Group, Peak Rock Capital LLC, Perimeter Protection Germany GmbH, Quiko Italy, RIB srl, and Toshi Automatic Systems Pvt. Ltd.

Market Driver

The Automated Barriers and Bollards market is witnessing significant advancements due to the integration of Internet of Things (IoT), data analytics, and cloud computing. Manufacturers, such as CAME and Auto Entry Systems, are incorporating IoT-enabled devices into their access control systems, offering remote control and management capabilities. CAME’s CAME Connect solution and Auto Entry Systems’ Coralan Cloud Management system allow end-users to manage and modify access to areas in real-time, enhancing convenience and efficiency. Additionally, these integrations enable data collection and analysis, providing valuable insights to optimize traffic management and minimize congestion, ultimately improving transportation services. 

The Automated Barriers and Bollards market is witnessing significant growth due to increasing demand for vehicle management solutions in various sectors. RFID technology is a key trend in this market, enabling quick functioning and enhanced security in theaters, government infrastructure projects, roads, bridges, and walkways. Durability is a crucial factor, with steel, iron, and aluminum barriers leading the way. Public safety concerns and rising crime rates are driving the need for automation and quick functioning in high-traffic areas. Automatic barriers, including boom barriers and IOT-based systems, are popular choices for gated communities, housing societies, and commercial infrastructures. Manual barriers are being replaced with automation for fractional demand applications like parking systems and checkpoints. Infrastructure for highways, toll booth technology, and ground-level protection are other significant areas of growth. ANPR cameras, push buttons, RFID readers, and remote controls are essential components of this market. 

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Market Challenges

Automated barriers and bollards offer enhanced security solutions compared to manual alternatives. However, their higher deployment costs, which can be 3-5 times more than manual barriers for automated boom barriers, and significantly higher for automated bollards, make them less attractive for some construction contractors and building management operators. These costs include not only the initial investment but also ongoing expenses such as electricity, maintenance, and support. Periodic inspections, hardware modernization, and upgrade costs further increase the total cost of ownership. Neglecting regular maintenance can reduce the effectiveness of the system. As a result, some end-users opt for manual barriers or other substitutes like concrete roadblocks to reduce infrastructure development costs. These factors may impact the market growth of automated barriers and bollards during the forecast period.The Automated Barriers and Bollards market is experiencing significant growth due to the increasing demand for smart parking systems in urban areas. With the advent of Internet of Things (IoT), driverless vehicles, and smart cities, the need for efficient and automated parking solutions is on the rise. Cashless transactions and e-payment options are also driving market growth. Artificial intelligence and machine learning technologies are being integrated into these systems for enhanced security and convenience. Infrastructure projects, FDI inflows, and commercial developments in sectors like food courts, theaters, shows, and retail outlets are creating new opportunities. Automated bollards and toll booths are finding applications in high-security areas, parking lots, and public infrastructure. RFID technology, loop detectors, and push button systems are popular choices for automating vehicular movement in various applications, including parking areas, offices, hotels, sports centers, malls, residential buildings, office spaces, stadiums, military facilities, airports, and embassies. The pavement surface and building premises are also being secured with automated bollards.

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Segment Overview 

This automated barriers and bollards market report extensively covers market segmentation by  

Product 1.1 Boom barriers1.2 BollardsGeography 2.1 Europe2.2 North America2.3 APAC2.4 Middle East and Africa2.5 South America

1.1 Boom barriers-  The Automated Barriers and Bollards market refers to the production and sale of mechanical or electrically operated barriers and bollards used for access control and security in various industries. These products provide efficient and convenient solutions for managing vehicle and pedestrian traffic, enhancing site safety, and regulating entry to restricted areas. Companies in this market focus on innovation, durability, and reliability to meet the evolving needs of customers.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Automated Barriers and Bollards market encompasses a range of access control systems designed to manage and secure vehicular movement in various applications. These systems include Push Button and Remote Controlled barriers, RFID Tag Readers, and Loop Detectors. The market caters to Residential, Commercial, and Industrial sectors, with roadways infrastructure and toll booth installations being significant end-users. Automated bollards and toll booths are essential components of these systems, ensuring quick functioning and enhancing public safety concerns in the face of rising crime rates and criminal activity. These systems are increasingly being adopted in parking lots, malls, theatres, residential buildings, and high-security applications to mitigate traffic offenses, gang activity, assaults, and drug-related activity. The market’s growth is driven by the need for advanced security solutions and the increasing demand for quick and efficient vehicle access control systems. Steel barriers are a popular choice due to their durability and strength, making them an ideal solution for securing roadways and high-risk areas.

Market Research Overview

ai_research_analyst_overview

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductBoom BarriersBollardsGeographyEuropeNorth AmericaAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Technology

HUAWEI CONNECT 2024 | Huawei Unveils the Brand-New Xinghe Intelligent Fabric Solution, Powering the AI Era

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SHANGHAI, Sept. 21, 2024 /PRNewswire/ — At HUAWEI CONNECT 2024, over 300 industry leaders, experts, and scholars gathered for the data center network session themed “Xinghe Intelligent Fabric, Powering the AI Era.” The event featured discussions on the evolution and technological advancements of data center networks. During the session, Arthur Wang, President of Data Center Network Domain at Huawei’s Data Communication Product Line, introduced the newly upgraded Xinghe Intelligent Fabric solution. This cutting-edge solution aims to establish a data center network characterized by one map for intelligent operations and maintenance (O&M), one network for diverse computing, and one platform for simplified deployment, providing a robust network infrastructure to support enterprises’ digital and intelligent transformations.

In his keynote speech, Arthur Wang outlined the emerging trends in data center network development. He emphasized that in the AI era, data center networks require both a “brilliant brain” and “resilient bones.” The newly launched Xinghe Intelligent Fabric solution is designed to deliver a powerful network infrastructure tailored for the AI era, featuring:

One Map for Intelligent O&M: Zero Management Concerns

Huawei’s exclusive network digital map enables rapid cross-data center and cross-vendor fault identification within minutes. Additionally, the NetMaster network large model facilitates AI-driven O&M, eliminating manual intervention and ensuring zero management concerns.

One Network for Diverse Computing: Zero Service Interruptions

The Xinghe Intelligent Fabric supports various application scenarios, including intelligent computing, general-purpose computing, and storage. The innovative Network Scale Load Balancing (NSLB) algorithm increases network throughput to 95% and boosts AI training efficiency by over 10%. With the exclusive iReliable three-level fast switchover capability, it achieves sub-millisecond switchover, guaranteeing zero service interruptions.

One Platform for Simplified Deployment: Zero Configuration Errors

By employing digital twins to simulate networks in advance and verify configurations post-deployment, the solution ensures 100% accuracy in network changes. By harnessing network-security convergence capabilities, AI creates an intelligent security matrix to analyze millions of security policies, achieving zero configuration errors.

Looking ahead, Huawei will continue to collaborate with industry partners to enhance research and innovation in data center networks, promote intelligent upgrades, and create greater value for the industry.

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SOURCE Huawei

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Cultivating a Culture of Peace: International Day of Peace Statement by Education Cannot Wait Executive Director Yasmine Sherif

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NEW YORK, Sept. 21, 2024 /CNW/ — The longing for peace transcends time, geography and religion. Based on justice, human rights and universal values outlined in the UN Charter, a culture of peace brings us all together in our common agenda for humanity. We can only co-exist by aligning ourselves with such a world order.

On today’s International Day of Peace, we call on world leaders to end conflict and embrace a culture of peace as enshrined in the UN Charter and related international law.

As the UN General Assembly outlined in the Declaration and Programme of Action on a Culture of Peace  a quarter of a century ago, this must include: “Respect for life, human rights and fundamental freedoms; the promotion of non-violence through education, dialogue and cooperation; commitment to peaceful settlement of conflicts; and adherence to freedom, justice, democracy, tolerance, solidarity, cooperation, pluralism, cultural diversity, dialogue and understanding at all levels of society and among nations.”

Educating for peace starts at home and continues in school through years of education. This takes place during the most formative years of a child learning about their identity, ethics, values, conscience, courage and compassion. Wherever there has been a failure in imparting on children the imperative for peace, the world is turned upside down. This is a global failure with no geographical boundaries.

Today, we live in a world of unprecedented violence, armed conflict and chaos. All the genuine and heartfelt commitments made in 1945 in the UN Charter seem to be fading away. Children and adolescents are the most vulnerable, the least protected, and the most impacted. They bear the brunt. 

Global conflicts killed three times as many children in 2023 than in the previous year, according to the United Nations. The number of forcibly displaced people reached an unprecedented 120 million in May 2024.

“In 2023, the United Nations verified a record 32,990 grave violations against 22,557 children in 26 conflict zones, a 35% increase from the previous year,” according to recent analysis by the UN.

We can end these violations and invest in a constructive co-existence globally. We can use our resources for education, rather than for wars. In classrooms around the world, girls and boys who have withstood the wrath of war can rebuild their hopes and their lives. Cultivating a culture of peace is possible. The financial resources exist. The choice as to how we use them is ours.

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SOURCE Education Cannot Wait

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Niutech at the Forefront: U.S.-China Circular Economy Forum Tackles “White Pollution”

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BEIJING, Sept. 20, 2024 /PRNewswire/ — On September 6, 2024, the inaugural U.S.-China Circular Economy Cooperation Forum was held in Beijing. The forum, guided by the U.S.-China Climate Action Working Group Circular Economy Task Force, was co-organized by the China Circular Economy Association and the US-China Business Council. The forum brought together approximately 460 distinguished guests from the National Development and Reform Commission of China, the Ministry of Foreign Affairs, the Ministry of Industry and Information Technology, the Ministry of Ecology and Environment, the Ministry of Housing and Urban-Rural Development, the Ministry of Commerce, the General Administration of Market Regulation, the US State Department, the US Department of Energy and other government departments, as well as industry experts, business representatives and scientific research institutions of the two countries. As the domestic leader in continuous pyrolysis technology, Niutech was invited by the China Circular Economy Association to attend the forum and gave an insightful speech on the topic of waste plastic recycling, and the issues of ‘white pollution’ that can result from it.

Enhancing Quality and Efficiency in the Circular Economy with Innovative Forces

The forum was strategically designed to advance the goals outlined in the U.S.-China “The Sunnylands Statement on Enhancing Cooperation to Address the Climate Crisis” (hereinafter referred to as the Sunnylands Statement). It aimed to create a collaborative platform for the business community, social organizations, and research institutions from both countries to foster exchanges and drive tangible cooperation in the circular economy.  

Zhao Chenxin, Deputy Director of the National Development and Reform Commission, John Podesta, Senior Advisor to the U.S. President on International Climate Policy, Liu Zhenmin, China’s Special Envoy for Climate Change Affairs, Nicholas Burns, U.S. Ambassador to China, and Xie Zhenhua, former Special Envoy for Climate Change Affairs of China, attended the opening ceremony of the Forum and delivered a speech, and Xie Feng, Chinese Ambassador to the U.S., made a video message. Deputy Director Zhao Chenxin said that addressing climate change is a common cause for all mankind and cannot be separated from the cooperation between the two global forces, China and the United States.

The China-US Circular Economy Cooperation Forum, held as an initiative to implement the Sunnylands Statement, marked another significant milestone in China-US cooperation on the circular economy. This collaboration is crucial for both nations as they join forces to tackle the climate crisis. On the afternoon of September 6, the forum organized four parallel meetings, where representatives engaged in in-depth exchanges on topics such as using the recycling economy to reduce greenhouse gas emissions, promoting the application of recycled materials, addressing plastic pollution and enhancing recycling, and increasing the recycling value of waste in the context of new industries and consumption patterns.

Niutech: International Experts on Continuous Pyrolysis Technology and Pioneers in solving the global “white pollution” problem

Globally, hundreds of millions of tons of waste plastics are generated annually, yet only about 30% undergo recycling. Traditional physical methods are typically limited to high-value, single-category, and relatively clean waste plastics. However, repeated recycling can degrade the quality of the plastics. Chemical recycling, on the other hand, offers a transformative approach by converting waste plastics into high-value products or fuels through chemical processes, thus overcoming the limitations of physical recycling.

Pyrolysis technology, a cornerstone of chemical recycling, addresses the challenges associated with the material recycling of waste plastics. It is adept at processing various types of low-value, mixed, and contaminated waste plastics. The products of pyrolysis can be further processed to manufacture new plastics, achieving a closed-loop system where waste plastics are repurposed into high-value new plastics. This not only retains the material’s utility at a high level but also converts “white pollution” into a “white oil field,” signifying a major shift in the management and valorization of plastic waste.

At the forum, as the international expert in continuous pyrolysis technology, the corporate representative of Niutech shared the cases of waste plastic chemical recycling projects deployed with international giants BASF and Quantafuel in Denmark, Thailand and other countries. Niutech has developed its own pyrolysis technology and equipment, which they fully own the intellectual property rights to. This technology enables the transformation of low-value, mixed, and contaminated waste plastics—including various polymers such as PP, PE, PS, ABS—into high-quality fuel oil.  

The fuel oil derived from this process can undergo further refining into naphtha, a critical raw material in the production of new plastics. This advanced recycling process not only diverts plastics from landfills and the environment but also contributes to a circular economy by turning waste into a valuable resource.

In the future, Niutech will continue to champion the principle of “green, recycling and low-carbon” waste plastics pyrolysis. Armed with advanced technology, reliable equipment, abundant high-value solutions and proven experience, Niutech is committed to enhancing communication and cooperation with domestic and foreign partners. Together, they will drive forward the chemical recycling of waste plastics and the sustainable development of the global waste plastics recycling industry.

 

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SOURCE Niutech

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