The report forecasts the global automatic boom barrier market to grow at a CAGR of 14.49% during the period 2016-2020.
Automatic boom barriers are majorly used for security management, especially at places that require high security. Boom barriers help keep track of the entry and exit of vehicles and preventing the entry of unauthorized vehicles. It is used in commercial, residential, industrial, and government buildings for security purposes. It is also used to control traffic at railway crossings, toll booths, drawbridges, and others. It comes in various shapes and sizes depending on the requirement at the places where it is used.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, there has been an increase in the construction of new roads, bridges, and other infrastructures in both developed and developing countries. Also, existing roads, bridges, and another infrastructure require frequent repairs. Around 18% of major roads in the US are in poor condition, and nearly around 24% of all bridges in the US are structurally deficient or functionally obsolete. So, to address this issue, the US Department of Transportation has selected over a dozen transportation projects that will receive funding for repairs.
Key vendors include:
- AG Secure
- Avon Barrier
- BGI Barriers
- Centurion Systems
- Frontier Pitts
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by application
Part 07: Geographical segmentation
Part 08: Market drivers
Part 09: Impact of drivers
Part 10: Market challenges
Part 11: Impact of drivers and challenges
Part 12: Market trends
Part 13: Vendor landscape
Part 14: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/ch6j8d/global_automatic