Global Automatic Boom Barrier Market to grow at a CAGR of 14.49% during 2016-2020

About Automatic Boom Barrier
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.

Technavios analysts forecast the global automatic boom barrier market to grow at a CAGR of 14.49% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global automatic boom barrier market for 2016-2020. To calculate the market size, the report considers the revenue generated from the worldwide retail sales of automatic boom barriers in the market.

The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW

Technavio's report, Global Automatic Boom Barrier Market 2016-2020, 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.

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Key vendors
AG Secure
Avon Barrier
BGI Barriers
CAME
Centurion Systems
FAAC
Frontier Pitts
Honeywell
Houston Systems
IER
Mega Regent International
MonoQue
Omnitec
Perimeter Protection
Quiko Italy
The Nice
Toshi
ZKTeco

Market driver
Decreased oil prices boosting construction markets
For a full, detailed list, view our report

Market challenge
Alternative access control security solutions
For a full, detailed list, view our report

Market trend
Integration of boom barriers with other security systems
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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