New research indicates that revenue growth for rising bollards is set to outpace that for vehicle blockers by almost double, heralding key changes in the market for vehicle entrance control equipment.
A new report released by market consultancy IMS Research projects compound annual growth in revenues from rising bollards of 4.4 per cent during the period from 2011 to 2015.
According to the World Market for Vehicle Entrance Control Equipment report, this rate is expected to be nearly double that for vehicle blockers, which fulfill a similar function with respect to property security functions.
IMS analyst Adi Pavlovic said the rapid increase of the popularity of rising bollards vis-à-vis road blockers has much to do with their heightened versatility in terms of both function and appearance.
"The decision to install a rising bollard over a vehicle blocker depends greatly on the level of security required, the available space, and aesthetic appeal," Pavlovic said. "Rising bollards offer a more versatile blend with building aesthetics, require less space to install and fit well around high pedestrian traffic areas. These attributes have made rising bollards the preferred product in low-medium security projects."
The bollard is simply a short vertical post, which has its origins in the shipping industry where it was employed for mooring purposes. The structures are now widely employed for road traffic control purposes, with their compact dimensions making them far easier to handle and manipulate that the standard vehicle blocker.
The fact that bollards can rise and descend from beneath the road surface via automated technology further enhances their functionality, making them a fully optional feature while also removing the need for external storage.
According to IMS research, rising bollards still play second fiddle to road blockers at high security sites, due to the perception that the latter supersede the former in durability.
The increasing strength of rising bollards promise to put them on an equal footing with road blockers for high security projects in future, however – especially now that the products have obtained K-12 ratings.
"Vehicle blockers have been the dominant solution in high-security applications for many years, but since rising bollards have become K-12 rated these products are being considered more often for the same projects,” said Pavlovic. “They have the equivalent ability to stop a moving vehicle as road blockers, while offering a flexible solution in terms of space and installation.”