Market Overview:
The global security bollards market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing need for security across various end-use industries, such as financial institutions, retail stores, hotels, restaurants, government organizations and others. In addition, the growing awareness about safety and security among consumers is also propelling the demand for security bollards in the global market. The global security bollards market can be segmented on the basis of type into note deposit type and coin deposit type. The note deposit type segment is expected to hold a larger share in terms of revenue in 2018 as compared to coin deposit type segment owing to its higher adoption by end-users across different regions globally. However, with increasing demand for cashless transactions worldwide, coin deposits are likely to witness higher growth rates during the forecast period from 2018to 2030. On the basis of application, financial institutions are estimated to account for a major share in terms of revenue generated by sales of security bollards in 2018; this can be attributed primarily due high vulnerability towards terrorist attacks and other criminal activities targeting these institutes specifically aroundthe world .
Product Definition:
A security bollard is a post, often made of concrete or steel, that is used to secure an area or protect people. Security bollards can be used to prevent vehicles from entering a certain space, such as in front of a building or at the entrance to a parking lot. They can also be used to direct traffic and create walkways.
Note Deposit Type:
The global note deposit type market size was valued at USD 1.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to increasing adoption of security bollards as anti-vehicle devices across various end-use industries such as government, public utilities, banking & finance, and private companies.
Coin Deposit Type:
Security bollards are used to restrict vehicle entry into a parking space. They are available in different sizes and shapes, according to the type of parking spaces they are supposed to protect. The most common types of security bollards include coin deposit type and ticket-based security bollards.
Application Insights:
The market is segmented by application into financial institutions, retail stores, hotels, restaurants and other public eating places, government organizations and others. The financial institutions segment dominated the global security bollards market in 2017 owing to the growing need for safety around banks and ATMs. In addition to providing protection from vehicle attacks against banks and ATMs, these bollards also help in preventing thefts near cash machines as well as inside a bank premises.
Retail stores are expected to be one of the fastest-growing segments over the forecast period owing to increasing footfall of customers at shopping malls across various regions including North America and Europe. Increasing number of terrorist attacks at retail stores across countries such as Germany has led authorities there to increase security measures at their retail store locations which is likely drive demand for these products further.
Regional Analysis:
North America dominated the global market in 2017. The growing number of retail stores, hotels, and financial institutions is expected to drive the demand for these bollards over the forecast period. In addition, government organizations are also anticipated to increase their spending on security infrastructure owing to rising terrorist threats across North America. This factor is also likely to have a positive impact on regional growth over the next eight years.
Asia Pacific region accounted for more than 25% of global revenue share in 2017 owing to increasing investments by governments in developing countries like India and China aimed at improving safety standards at various locations including airports and railway stations among others.
Growth Factors:
- Increasing security concerns among the general public and businesses
- Proliferation of terrorist activities and threats around the world
- Growing demand for physical security solutions from government and military organizations
- Rising installation of bollards in transportation hubs, stadiums, amusement parks, etc.
- Increasing awareness about the benefits of using security bollards among end-users
Scope Of The Report
Report Attributes
Report Details
Report Title
Security Bollards Market Research Report
By Type
Note Deposit Type, Coin Deposit Type
By Application
Financial Institutions, Retail Stores, Hotels, Restaurants, Government Organizations, Other
By Companies
FireKing Security Group, Ellenby Technologies, Tidel, Triton Systems, Fiserv, GardaWorld, Intimus International Group, Tellermate, Gunnebo AB, Loomis, CIMA Spa, BVK Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Security Bollards Market Report Segments:
The global Security Bollards market is segmented on the basis of:
Types
Note Deposit Type, Coin Deposit Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Financial Institutions, Retail Stores, Hotels, Restaurants, Government Organizations, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- FireKing Security Group
- Ellenby Technologies
- Tidel
- Triton Systems
- Fiserv
- GardaWorld
- Intimus International Group
- Tellermate
- Gunnebo AB
- Loomis
- CIMA Spa
- BVK Technology
Highlights of The Security Bollards Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Note Deposit Type
- Coin Deposit Type
- By Application:
- Financial Institutions
- Retail Stores
- Hotels
- Restaurants
- Government Organizations
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Security Bollards Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Security Bollards are a type of security device used to protect property from theft or vandalism. They are made out of metal and can be either fixed in place or portable. Security Bollards typically have a locking mechanism that allows them to be locked into position, preventing unauthorized access.
Some of the key players operating in the security bollards market are FireKing Security Group, Ellenby Technologies, Tidel, Triton Systems, Fiserv, GardaWorld, Intimus International Group, Tellermate, Gunnebo AB, Loomis, CIMA Spa, BVK Technology.
The security bollards market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Security Bollards Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Security Bollards Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Security Bollards Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Security Bollards Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Security Bollards Market Size & Forecast, 2020-2028
4.5.1 Security Bollards Market Size and Y-o-Y Growth
4.5.2 Security Bollards Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Note Deposit Type
5.2.2 Coin Deposit Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Financial Institutions
6.2.2 Retail Stores
6.2.3 Hotels
6.2.4 Restaurants
6.2.5 Government Organizations
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Security Bollards Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Security Bollards Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Note Deposit Type
9.6.2 Coin Deposit Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Financial Institutions
9.10.2 Retail Stores
9.10.3 Hotels
9.10.4 Restaurants
9.10.5 Government Organizations
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Note Deposit Type
10.6.2 Coin Deposit Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Financial Institutions
10.10.2 Retail Stores
10.10.3 Hotels
10.10.4 Restaurants
10.10.5 Government Organizations
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Note Deposit Type
11.6.2 Coin Deposit Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Financial Institutions
11.10.2 Retail Stores
11.10.3 Hotels
11.10.4 Restaurants
11.10.5 Government Organizations
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Note Deposit Type
12.6.2 Coin Deposit Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Financial Institutions
12.10.2 Retail Stores
12.10.3 Hotels
12.10.4 Restaurants
12.10.5 Government Organizations
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Note Deposit Type
13.6.2 Coin Deposit Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Financial Institutions
13.10.2 Retail Stores
13.10.3 Hotels
13.10.4 Restaurants
13.10.5 Government Organizations
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Security Bollards Market: Competitive Dashboard
14.2 Global Security Bollards Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 FireKing Security Group
14.3.2 Ellenby Technologies
14.3.3 Tidel
14.3.4 Triton Systems
14.3.5 Fiserv
14.3.6 GardaWorld
14.3.7 Intimus International Group
14.3.8 Tellermate
14.3.9 Gunnebo AB
14.3.10 Loomis
14.3.11 CIMA Spa
14.3.12 BVK Technology
