ReportsnReports.com adds a new research report Global Automatic Boom Barrier Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This 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.
This 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.
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This analyst forecast the global automatic boom barrier market to grow at a CAGR of 14.49% during the period 2016-2020. 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.
The market is divided into the following segments based on geography:
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