The global barrier gate market was valued at $19 billion at the beginning of 2019. Many researchers agree that over the next five to seven years, investments in retractable bollards, automatic barrier gates and many more will help increase the value of this segment. Here are the barrier gate industry trends and products you need from Southwest Automated Security:
The Health of Barrier Gates Globally
There’s no better time than now to sell barrier gates. With a value of $19 billion in 2019, this market is projected to grow at a CAGR of 3.7% from 2020 to 2027. That would bring the global market value to $25 billion by 2027. This industry is healthy, growing and becoming increasingly prosperous for electronic security dealers globally.
The Outlook of the Rising Bollards Industry
The fastest-growing segment in this industry is bollards. We are expecting to see the strongest CARG from 2020 to 2025 as investments in bollards and retractable bollards continue to grow. The development of entrances and exits, security checkpoints and customer ques are contributing the most to the growth in this segment.
Some of Our Trusted Barrier Gate Vendors
As the need for crowd control solutions continues to rise, we have the vendors you want. Some of our popular vendors for barrier gate arm, road barrier and bollard solutions are Hy-Security, Doorking and Mega Arms. Our team has the experience and expertise to help you find the right vendor to supply you with the exact barrier gates you need.
If you’re thinking about selling barrier gates or if you need more variety in the products you offer, leave it to us to supply you with the products you desire. At Southwest Automated Security, we have a wide range of trusted vendors for you to choose from. Ready to become one of our trusted dealers? Contact us today to learn more!
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