Increased commercial construction and industrial growth are some of the factors that are driving the demand for automated barriers and bollards in developing economies. For instance, as per the data published by the Indian Government in 2024, India’s real estate is projected to reach US$ 5.8 trillion by 2047. In addition, the government of India is taking initiatives to attract foreign direct investments for development projects that include the development of townships, hotels, resorts, and hospitals, among others. Such growth in the construction sector is anticipated to create lucrative opportunities for the automated barriers and bollards market.
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Top Key Major Players:-
- Automatic Systems
- Avon Barrier Corporation Ltd
- CAME S.p.A
- Houston System Inc.
- LA BARRI?RE AUTOMATIQUE
- MACS Automated Bollard Systems
- Magnetic Autocontrol GmbH
- Nice S.p.A
- Omnitec Group
- and RIB Srl