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Hostile Vehicle Mitigation Device Market: Growth Key Trends and Insights (2024-2032)| Major B&B ARMR, Convergint Technologies

01-13-2025 11:22 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: IMR Market Reports

Hostile Vehicle Mitigation Device Market: Growth Key Trends

According to a new report published by IMR Market Report, titled, "Hostile Vehicle Mitigation Device Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2024-2032," Hostile Vehicle Mitigation Device Market Size Was Valued at USD 4.49 Billion in 2023 and is Projected to Reach USD 6.86 Billion by 2032, Growing at a CAGR of 4.82 % From 2024-2032

The Hostile Vehicle Mitigation (HVM) Device Market is growing quickly due to growing security concerns about vehicular threats. These devices are intended to defend public areas and vital infrastructure against possible vehicle-based attacks, such as those involving cars, trucks, and other large vehicles. The increasing number of occurrences involving automobiles being used as weapons has made the necessity for effective defense against such threats more pressing. HVM solutions usually consist of gates, bollards, barriers, and other physical elements that can cushion a car's impact and keep it from entering a restricted area and inflicting damage.

The global increase in security concerns, especially terrorism and civil unrest, is a major factor driving the industry. The vulnerability of public spaces and government facilities has been brought to light by high-profile incidents in which cars were utilized to carry out assaults in populated settings. Governments, security organizations, and commercial organizations are spending more in cutting-edge HVM devices in response to these threats in order to protect their infrastructure, people, and assets. Due to the increased vulnerability of public spaces and densely populated cities to vehicle-based hazards, this development has also been influenced by the global trend of urbanization.

Furthermore, new business prospects have been created by the design and manufacturing of HVM devices using eco-friendly materials. The need for environmentally friendly security solutions is predicted to increase as governments and corporations place a greater emphasis on sustainability. Emerging markets present substantial prospects, especially in countries like the Middle East and Asia-Pacific, where urbanization and security concerns are still on the rise.

Do you need any industry insights on the Hostile Vehicle Mitigation Device Market Enquire now >> https://www.imrmarketreports.com/reports/hostile-vehicle-mitigation-device-market

Some of The Leading/Active Market Players Are-

• Convergint Technologies (US)
• Delta Scientific Corporation (US)
• Aegion Corporation (US)
• B&B ARMR (US)
• ATG Access Ltd. (UK)
• Heald Ltd. (UK)
• TESCON Security (US)
• Mifram Security (Israel)
• ABLOY (Finland)
• Scorpion Protective Coatings (US), and Other Active Players

Global Hostile Vehicle Mitigation Device Market, Segmentation
The Hostile Vehicle Mitigation Device Market is segmented based on Type, Application, and Region.

By Type:

• Temporary Hostile Vehicle Mitigation Devices
• Semi-permanent Hostile Vehicle Mitigation Devices
• Permanent Hostile Vehicle Mitigation Devices

The Temporary Hostile Vehicle Mitigation Devices segment is expected to dominate the market, as these solutions are often deployed for short-term events or situations where immediate security measures are required. These devices are quick to install and provide a flexible security solution in high-risk areas like temporary government buildings, event spaces, or areas under heightened threat levels.

By Application:

• Aerodromes
• Offices
• Shopping Centres
• Public Venues
• Military Installations
• Government Buildings

Among these, Aerodromes are anticipated to show the fastest growth, as airports around the world continue to enhance security measures following heightened terrorism threats. Airports are critical infrastructure that requires robust protection, making the need for advanced hostile vehicle mitigation technologies more pressing. Similarly, Shopping Centres and Offices are also large consumers of HVM devices, driven by the increasing concern over vehicle-borne threats in densely populated commercial areas.

By Region:

• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)

North America and Asia-Pacific. North America leads due to heightened security concerns and government investments in infrastructure protection, while Asia-Pacific shows rapid growth driven by urbanization, increasing security measures, and rising demand for HVM solutions in key sectors.

Download Sample of Hostile Vehicle Mitigation Device Market Report@
https://imrmarketreports.com/request/215314

Key Industry Developments:

• In January 2024: Delta Scientific Corporation announced the launch of a new line of mobile hostile vehicle mitigation barriers designed for rapid deployment in high-risk areas such as embassies and public events. These mobile units provide temporary protection against vehicle threats while maintaining ease of transport and setup, enhancing security flexibility for critical sites.
• In November 2023: Convergint Technologies entered a partnership with several international airports to install permanent hostile vehicle mitigation solutions, including bollards and barriers, aimed at increasing public safety in high-traffic locations. The collaboration aims to implement next-generation technology to prevent vehicle-based attacks while ensuring smooth traffic flow in and around airport terminals.

If you require any specific information that is not covered currently, we will provide the same as a part of the customization Ask For Report Discount >>
https://imrmarketreports.com/discount/215314

Key Findings of the Study:

• Hostile Vehicle Mitigation Device Market Size Was Valued at USD 4.49 Billion in 2023 and is Projected to Reach USD 6.86 Billion by 2032, Growing at a CAGR of 4.82 % From 2024-2032
• Permanent installations, particularly bollards and barriers, accounted for the highest market share in 2023, as they offer long-term solutions for critical infrastructure protection. Temporary solutions, including mobile barriers, are also gaining traction, especially for high-risk events and public spaces.
• The transportation and commercial sectors are expected to see the fastest adoption of hostile vehicle mitigation devices by 2032, with increasing demand for enhanced security solutions at airports, government buildings, and shopping centers.
• Companies in the market are focusing on developing innovative technologies, such as automated and remotely controlled systems, to improve ease of use and flexibility, while adhering to stricter safety regulations and standards.

Read Comprehensive Overview of Report @
https://www.imrmarketreports.com/reports/hostile-vehicle-mitigation-device-market

Aditya Patil
Business Development Executive
APAC Office: Office No. 403, Saudamini Commercial Complex, Kothrud, Pune, India 411038
Contact No:
APAC: +91-818-009-6367
Email: sales@imrmarketreports.com

IMR Market Reports is a visionary market research company who is ready to assist their clients to grow their business by offering strategies through our market research reports for gaining success. We have a well experienced team, who work efficiently and provides complete excellent research data in a complete sync to provide overall coverage and accurate market insights on various industries.

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