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Hostile Vehicle Mitigation Device Market Growth Analysis, Market Dynamics, Key Players and Innovatio
from Hostile Vehicle Mitigation Device Market Growth Analysis, Market Dynamics, Key Players and Innovatio
The global Hostile Vehicle Mitigation Device market was valued at US$ 261.98 million in 2023 and is anticipated to reach US$ 370.59 million by 2030, witnessing a CAGR of 5.05% during the forecast period 2024-2030.
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Hostile vehicle mitigation devices are physical barriers that are designed to prevent or mitigate the effects of a vehicle-borne attack, such as a vehicle-ramming attack or a car bomb.
These devices can take a variety of forms, including bollards, barricades, planters, and other obstacles that are placed in strategic locations to prevent vehicles from accessing sensitive areas or to redirect the vehicle's path to minimize the damage caused by the attack.
The major global manufacturers of Hostile Vehicle Mitigation Device include Hill & Smith Infrastructure, ATG Access, HySecurity, RHI Industrials, Heald, Townscape Products, Jacksons Fencing, Cova Security Gates, TYMETAL and Gunnebo, etc. In 2023, the world's top three vendors accounted for approximately 31.53% of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Hostile Vehicle Mitigation Device, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hostile Vehicle Mitigation Device.
The Hostile Vehicle Mitigation Device market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Hostile Vehicle Mitigation Device market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Hostile Vehicle Mitigation Device manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Hill & Smith Infrastructure
ATG Access
HySecurity
RHI Industrials
Heald
Townscape Products
Jacksons Fencing
Cova Security Gates
TYMETAL
Gunnebo
Ezi Security Systems
by Type
Permanent Type
Temporary Type
Semi-permanent Type
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by Application
Public Spaces
Transportation Hubs
Government and Corporate Buildings
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
India
Southeast Asia
Rest of Asia Pacific
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Drivers and Challenges
Drivers:
Increased incidents of vehicle-ramming attacks globally.
Urbanization and the need for safer public spaces.
Technological advancements in automated HVM systems.
Challenges:
High installation and maintenance costs.
Balancing security with aesthetic considerations in urban settings .
