Report Code: A16047 | Nov 2023 | Pages: NA | ||
Tables: NA | Charts: NA |
|
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Drop Arm Market
Request Now !The drop arm market is experiencing significant growth and will expand considerably in the next few years. Drop arm barriers are designed to control traffic and provide an anti-ram obstacle to protect from potential vehicular threats.
They are used for collection of tolls and parking charges on roads and in parking spaces. They significantly improve the efficiency of movement of traffic, while providing safety to on ground working personnel. Collection of tools and security checks are the major functions of drop arm barriers. Drop arm barriers can be integrated with various technologies, which make them easy to operate and capable of performing quick movements. These barriers are used to restrict access to special establishments with high security requirements. Major players in the drop arm industry are focusing on development of more durable and economical drop arms.Â
Description
Drop arm barriers consist of a bean which moves in a vertical arc movement to permit and restrict the movement of traffic. They can be operated using push buttons, remote controls, radio frequency identification (RFID) tags, loop detectors, and other control devices. In addition, the use of plastic drop arm barriers reduces the risk of damage to vehicles in case of crashes. The availability of drop arms in a wide range of sizes makes them applicable in various situations. The use of drop arm barriers has significantly increased the efficiency of traffic management in malls, amusement parks, highways, airports, and other establishments.Â
COVID-19 Impact analysis
Top Impacting Factors
Increase in private–public partnerships (PPPs) to promote infrastructural development is one of the important driving factors for the drop arm market, as they are extensively used on toll collection facilities. PPPs have been implemented in various countries such as South Korea, India, and others. The boost in PPPs and surged investments through private channels can assist in boosting the infrastructure industry; thereby, driving the demand and growth of drop arm barrier market. Many countries are focusing on rapid development of road projects for overall economic development of their nations. For instance, the Indian government plans to construct roads worth $200 billion in the next two years, which will further increase the demand for drop arm barriers. Moreover, the availability of drop arms in a wide range of sizes and a variety of control options has further increased the end user industry of drop arm barriers. However, restraint caused by drop arm barriers in the movement of traffic, thereby reducing the speed of moving vehicles, is a restraint on the growth of drop arm barrier industry. On the contrary, increase in number of shopping malls and amusement parks in developing countries is expected to boost the drop arm barrier market in the forecast period.Â
Market Trends
Key Benefits of the Report
Drop Arm Market Report Highlights
Aspects | Details |
---|---|
By Product Type |
|
By Technology |
|
By End-user Industry |
|
By Business Type |
|
By Region |
|
Start reading.
This Report and over 67,404+ more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers