Category : Construction and Manufacturing | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC612
Introduction
Drop arm barrier is a superior product that stands for ‘Never Compromise Safety’. The slim-sized cabinets allow installation in congested spaces and the cabinet and lid options mix with any environment apart from the visual graphics that provide guidance to others. The global drop arm barrier market is expected to exhibit a CAGR of nearly 4%. Regionally, the Middle East and Africa and Asia-Pacific are expected to show the fastest progress in the global drop arm barrier market.
Market Dynamics
The security and safety concerns, huge investment in emerging economies (such as, India, China, Brazil, South East-Asia and Mexico) and need for high security alerts in end use industries is driving the market for drop arm barrier market, globally. Growing urbanization and development in corporate industry, the expansion of a number of multinational corporations and universities is raising drop arm barrier market bar. Entry-level access to banks, industrial organizations and government industries is resulting in increasing demand for drop arm barrier products in countries, globally.
Market Classification and Overview
The global drop arm barrier market is bifurcated on the basis of type, application, end-use industry, and geography. The different types of drop arm barrier market include automatic and semi-automatic. Automatic drop arm barrier market is the largest market and is the most widely used type as it caters to almost every type of application. Automatic drop arm barriers are designed to offer long-term dependability, consistent operation and durability, thus providing a smooth and efficient operation. They are designed for use in residential & commercial applications, and have ultimate flexibility to suit your needs. However, semi-automotive drop arm barriers are also a step towards smart entry access levels for individuals or groups. The arms can be handled manually in case of legal safety. Based on application, the market is further segmented into corporate security, health & fitness, industrial facilities, higher education, and many others. Corporate security use accounts for nearly half of the global consumption of drop arm barrier market, followed by industrial facilities and government security application. The drop arm barrier market growth is driven by increasing demand for safety, identity verification, and easy access. University campus segment is the fastest growing market owing to higher educational options.
Regional Overview
The market for drop arm barrier is segmented into regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa (MEA). North America was the major contributors to the growth of drop arm barrier market in 2016. Europe has been the next biggest market followed closely by Asia-Pacific region. The drop arm barrier market in Asia-Pacific, especially in China, India, and Southeast nations is further predicted to foresee unprecedented growth in coming years owing to the ‘Never Compromise Attitude’ for safety and security concerns. The North American market for drop arm barrier market is likely to grow at a stellar rate owing to the increase in need for identification and verification of employees and/or customers. The market will also experience increased demand from corporate sector and large hotel chains.
Report Coverage
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Market |
Drop Arm Barrier Market |
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Analysis Period |
2015 – 2026 |
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Historic Data |
2015 – 2016 |
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Base Year |
2017 |
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Forecast Data |
2018 – 2026 |
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Market Stratification |
Type, Application, End-Use Industry, Geography |
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Regional Scope |
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA) |
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Report Coverage |
Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis, Player Profiling, Value Chain Analysis |
Market Participants
Turnstar, Automatic Systems, Cominfo, Kad Inc., Gunnebo, Kaba-gallenschütz GmbH, Axess, Tiso, Alvarado, Hayward Turnstiles, Wanzl, Boon Edam are the key players in the drop arm barrier market. These top-notch players have stood by good values and ethics in beating external market challenges.
Market Segmentation
Market By Type
· Automatic
· Semi-Automatic
Market By Application
· Corporate Security
· Health & Fitness
· Industrial Facilities
· Government Security
· Others
Market By End-Use Industry
· Supermarket
· Stadiums
· Amusement Parks
· Universities
· Corporate Companies
· Others
Market By Geography
· North America
o US
o Canada
o Mexico
· Europe
o UK
o Germany
o France
o Rest of Europe
· Asia-Pacific
o China
o Japan
o South Korea
o Taiwan
o India
o Rest of Asia-Pacific
· Latin America
o Brazil
o Rest of Latin America
· Middle East and Africa (MEA)
o South Africa
o Saudi Arabia
o Rest of MEA
