Report : Europe Tailgating Detection System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Imaging Measurement System and Non-Imaging System) and Application (Commercial Areas and Government Departments and Organizations)
Government Departments & Organizations Segment to Dominate Europe Tailgating Detection System Market during 2021–2028
According to a new market research study on “Europe Tailgating Detection System Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type and Application” is expected to reach US$ 20.06 million by 2028 from US$ 13.30 million in 2021. The market is estimated to grow at a CAGR of 6.0% from 2021 to 2028. The report provides trends prevailing in the Europe tailgating detection system market along with the drivers and restraints pertaining to the market growth. Adoption of tailgating detection systems for detecting unauthorized vehicle access is the major factor driving the growth of the Europe tailgating detection system market. However, issues associated with the dominance of legacy systems for security detection hinder the growth of Europe tailgating detection system market.
The Europe tailgating detection system market is segmented into type, application and country. Based on type, the Europe tailgating detection system market is segmented into imaging measurement systems and non-imaging systems. The non-imaging systems segment dominated the market in 2020 and imaging measurement systems segment is expected to be the fastest growing during the forecast period. Based on application, the Europe tailgating detection system market is segmented into commercial and government departments & organizations. The government departments & organizations segment dominated the market in 2020 and commercial segment is expected to be the fastest growing during the forecast period. Based on country, the tailgating detection system market is classified into Germany, France, Italy, Russia, UK, and Rest of Europe.
France, Italy, Poland, Belgium, The Netherlands are the worst-hit countries in the region. The UK and France have numerous electronic component manufacturers. The emergence of the COVID-19 virus has marginally impacted the businesses of European manufacturers as well as tailgating detection system market as manufacturers were operational in the partial workforce which impacted the supply side of tailgating detection system market in 2020 affecting the market from the supply side. From Q1 of 2021, the manufacturer ramps the production to its fullest capacity. However, the COVID-19 hampered the construction industry in Europe in 2020. Though the construction industry recovered remarkably well in 2021 the construction industry did not recover to the pre-COVID level. According to Euro construct, the construction industry is not anticipated to recover fully before 2023. Meanwhile, the region is developing data centers in increasing which fueling the growth of the tailgating detection system market in the region.
ANPR International Ltd; FASTCOM Technology SA; IEE S.A.; InfraRed Integrated Systems Ltd; Integrated Design Ltd; and Optex Co., Ltd. are among the leading companies in the Europe tailgating detection system market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, Optex Co., Ltd. opened a new subsidiary, Optex Security B.V. in The Hague, The Netherlands for with an object to strengthen business operations in Europe.
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