Government’s Increasing Investments On Transport Infrastructure Including Roads, Highways, Bridges, Railways, And Airports Drive The Demand For Barrier Systems Thereby Widening The Scope For The Barrier Systems Industry. Rise In Population And Consumers’ Increase In Purchasing Power Have Resulted In A Significant Increase In The Number Of Vehicles, Thereby Boosting The Need For Installation Of Transport Safety Solutions And Thus Expanding The Barrier System Market Size. Manufacturers Are Developing Barrier Systems Equipped With Automated Control Panel Systems Owing To Continuous Technological Advancements, Thus Supplementing The Market Growth. However, Barrier Systems Industry Offers Rigid Barriers That Incurs High Cost Of Repair On Crash Impacts, Which Is Expected To Restrain This Market Growth. The Plastic Barrier Systems Market Is Expected To Witness Significant Growth, Owing To Its Attributes Of Low Cost, Durability, And Lightweight And Recyclability & Reusability Properties.
The Global Barrier Systems Market Is Segmented Based On Device Type, Technology, Material Type, Application, And Geography. By Device Type, The Market Is Divided Into Fences, Bollards, Crash Barriers, Drop Arms, And Others. Crash Barrier Is Further Subsegmented Into Crash Cushions, End Treatments, Sand And Water-Filled Plastic Barriers, Indicating Lights, And Others. By Technology, The Market Is Divided Into Rigid, Semirigid, And Flexible Barrier Systems. Based On Material Type, It Is Bifurcated Into Metal And Non-Metal. Barrier Systems Have A Significant Application In Roadways, Railways, Airports, And Others (Commercial And Residential).
Geographically, The Market Is Analyzed Across North America, Europe, Asia-Pacific, And Lamea. Asia-Pacific, India In Particular, Poses High Market Potential For The Barrier System Installation, Owing To The Rapid Growth In The Infrastructure Sector And High Government Investments. In 2016, The Indian Government Had Planned To Invest 3 Trillion To Construct 35,000 Km Roads Across The Country, Which In Turn Would Increase The Barrier System Market Size During The Forecast Period.
Key Players Operating In The Global Barrier Systems Market Include Lindsay Corporation, Lindsay Corporation, Hill & Smith Holdings Plc, Tata Steel Ltd., Atg Access Ltd., Trinity Industries Inc., Bbs Barriers, Automatic Systems Inc, Ct Safety Barriers, Transpo Industries, And Avians.
The Report Provides A Comprehensive Analysis Of The Current Trends, Future Estimations, And Opportunities From 2014 To 2022 For The Growth Of The Barrier Systems Market.
The Report Offers An Extensive Analysis Of Segments, Drivers, Restraints, And Trends Related To The Barrier Systems In Different Countries.
Competitive Landscape In Terms Of New Technological Developments And Untapped Segments Is Also Provided.
A Detailed Analysis Of The Top Impacting Factors Affecting The Market Is Presented.
Barrier Systems Market Key Segmentation
By Device Type
Crash Barrier Systems
Sand And Water Filled Barriers
By Technology Type
By Material Type
Others (Commercial And Residential)
Rest Of Europe
Rest Of Asia-Pacific
Hill & Smith Holdings Plc
Tata Steel Ltd.
Atg Access Ltd.
Trinity Industries Inc.
Automatic Systems Inc.
Ct Safety Barriers
Other Players Mentioned in the Report
Gramm Barriers Systems Ltd.
Centurion Barrier Systems
Avon Barrier Corporation Ltd.
Valmont Industries Inc.
Worldwide Door Automation
Elektrovod Slovakia, S.Ro.
Sea Uk Ltd.
Frontier Ploymers Ltd.
Arbus Ltd. (Uk)
A-Safe Uk Ltd.
Automatic Entrance Systems Ltd.
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2 EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
CHAPTER 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top impacting factors
3.2.2. Top winning strategies
3.2.3. Top investment pockets
3.3. PORTERS FIVE FORCES ANALYSIS
3.3.1. Moderate bargaining power of suppliers
3.3.2. High bargaining power of buyers
3.3.3. Low threat of substitution
3.3.4. High threat of new entrants
3.3.5. High competitive rivalry
3.4. MARKET PLAYER POSITIONING
3.5. MARKET DYNAMICS
22.214.171.124. Increasing automotive industry
126.96.36.199. Increasing investments in commercial infrastructure
188.8.131.52. Increasing investments in transport infrastructure
184.108.40.206. Technological evolution
220.127.116.11. High repair cost
18.104.22.168. Ineffective safety solutions by plastic barriers
22.214.171.124. Potential growth in emerging and developed economies
CHAPTER 4 GLOBAL BARRIER SYSTEMS MARKET, BY DEVICE TYPE
4.1.1. Market size and forecast
4.2.1. Key market trends
4.2.2. Key growth factors and opportunities
4.2.3. Market size and forecast
4.3.1. Key market trends
4.3.2. Key growth factors and opportunities
4.3.3. Market size and forecast
4.4. CRASH BARRIER
4.4.1. Key market trends
4.4.2. Key growth factors and opportunities
4.4.3. Market size and forecast
4.5. DROP ARMS
4.5.1. Key market trends
4.5.2. Key growth factors and opportunities
4.5.3. Market size and forecast
4.6.1. Key market trends
4.6.2. Key growth factors and opportunities
4.6.3. Market size and forecast
CHAPTER 5 GLOBAL BARRIER SYSTEMS MARKET, BY TECHNOLOGY
5.1.1. Market size and forecast
5.2.1. Key market trends
5.2.2. Key growth factors and opportunities
5.2.3. Market size and forecast
5.3.1. Key market trends
5.3.2. Key growth factors and opportunities
5.3.3. Market size and forecast
5.4.1. Key market trends
5.4.2. Key growth factors and opportunities
5.4.3. Market size and forecast
CHAPTER 6 GLOBAL BARRIER SYSTEMS MARKET, BY MATERIAL TYPE
6.1.1. Market Size and Forecast
6.2.1. Key Market Trends
6.2.2. Key Growth factors and Opportunities
6.2.3. Market Size and Forecast
6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size and forecast
CHAPTER 7 GLOBAL BARRIER SYSTEMS MARKET, BY APPLICATION
7.1.1. Market size and forecast
7.2.1. Key market trends
7.2.2. Key growth factors and opportunities
7.2.3. Market size and forecast
7.3.1. Key market trends
7.3.2. Key growth factors and opportunities
7.3.3. Market size and forecast
7.4.1. Key market trends
7.4.2. Key growth factors and opportunities
7.4.3. Market size and forecast
7.5.1. Key market trends
7.5.2. Key growth factors and opportunities
7.5.3. Market size and forecast
CHAPTER 8 GLOBAL BARRIERS SYSTEMS MARKET, BY GEOGRAPHY
8.1.1. Market size and forecast
8.2. NORTH AMERICA
8.2.1. Key market trends
8.2.2. Key growth factors and opportunities
8.2.3. Market size and forecast
8.3.1. Key market trends
8.3.2. Key growth factors and opportunities
8.3.3. Market size and forecast
126.96.36.199. Rest of Europe
8.4.1. Key market trends
8.4.2. Key growth factors and opportunities
8.4.3. Market size and forecast
188.8.131.52. South Korea
184.108.40.206. Rest of Asia-Pacific
8.5.1. Key market trends
8.5.2. Key growth factors and opportunities
8.5.3. Market size and forecast
220.127.116.11. Latin America
18.104.22.168. Middle East
CHAPTER 9 COMPANY PROFILES
9.1. LINDSAY CORPORATION
9.1.1. Company overview
9.1.2. Operating business segments
9.1.3. Business performance
9.1.4. Key strategic moves and developments
9.2. HILL & SMITH HOLDINGS PLC
9.2.1. Company overview
9.2.2. Operating business segments
9.2.3. Business performance
9.2.4. Key strategic moves and developments
9.3. TATA STEEL LTD.
9.3.1. Company overview
9.3.2. Operating business segments
9.3.3. Business performance
9.3.4. Key strategic moves and developments
9.4. ATG ACCESS LTD.
9.4.1. Company overview
9.4.2. Operating business segments
9.4.3. Business performance
9.4.4. Key strategic moves and developments
9.5. TRINITY INDUSTRIES INC.
9.5.1. Company overview
9.5.2. Operating business segments
9.5.3. Business performance
9.5.4. Key strategic moves and developments
9.6. BBS BARRIERS
9.6.1. Company overview
9.6.2. Operating business segments
9.6.3. Business performance
9.6.4. Key strategic moves and developments
9.7. AUTOMATIC SYSTEMS INC.
9.7.1. Company overview
9.7.2. Operating business segments
9.7.3. Business performance
9.7.4. Key strategic moves and developments
9.8. CT SAFETY BARRIERS
9.8.1. Company overview
9.8.2. Operating business segments
9.8.3. Business performance
9.8.4. Key strategic moves and developments
9.9. TRANSPO INDUSTRIES
9.9.1. Company overview
9.9.2. Operating business segments
9.9.3. Business performance
9.9.4. Key strategic moves and developments
9.10.1. Company overview
9.10.2. Operating business segments
9.10.3. Business performance
9.10.4. Key strategic moves and developments
The crash barrier system domited the global market in 2015, accounting for $7,538 million, and is expected to continue this trend during the forecast period as well. Europe is expected to domite the market, due to increase in development and modification of transport infrastructure and expansion of the automobile industry. However, Asia-Pacific is expected to register the highest growth rate, owing to increase in government expenditure on roadway constructions.
The global barrier systems market is driven by growth of automobile industries; increase in government initiatives to develop and modify the transport infrastructure, including roadways, railways, and airports, to promote enhanced transport network; and rise in investments on commercial real estate, such as entertainment complexes, institutiol and residential buildings. However, high repair and maintence cost are expected to restrain the market growth.
The crash barrier systems market is expected to exhibit the highest CAGR of 3.9%, owing to the increase in development of roadways globally. Furthermore, this market is expected to witness increase in market share from 46% in 2015 to 47% in 2022.
Barrier system are applicable in roadways, railways, commercial buildings, and residential lanes. Roadways witnessed an increase in market share from 43% in 2015 to about 44% in 2022, due to rise in construction of roadways such as roads, bridges, and highways to accommodate the increasing number of vehicles.
Based on the technology, the barrier systems market is classified into rigid, semirigid, and flexible type. Semirigid barrier system are projected to grow at a CAGR of 3.7%, accounting for market share of 54% by 2022 from 52% in 2015.
The metal barrier systems market is projected to remain the market leader, accounting for nearly two-thirds market share in 2022. Among the non-metal types, plastic is expected to gain the maximum traction due to its reusable and recyclable properties.
In 2022, Europe is projected to account for the highest contributor to the barrier system market size, growing at a CAGR of 2.9%. Europe and North America jointly accounted for about 62% of the global barrier system market size in 2015, with the former constituting around 33.9%. LAMEA is expected to contribute significantly to the global barrier system market size, owing to the increasing investments in the development and modification of airport infrastructure. Asia-Pacific is expected to grow at a lucrative rate of 4.2% during the forecast period.
Key findings of the Barrier Systems Market:
Crash barrier systems market is expected to grow at the highest CAGR of 3.9% during the forecast period, thereby expanding the opportunities for global barrier systems industry.
Roadways domite the barrier systems market by application. This segment is expected to grow with the highest CAGR of 3.6% during the forecast period.
Europe was the highest revenue contributor with $5,541 million in 2015, and is estimated to reach $6,842 million by 2022, growing at a CAGR of 2.9%.
Asia-Pacific and LAMEA are expected to witness considerably higher growth rates during the forecast period, thus widening the scope for barrier systems industry.
Key players in the market focus on expanding their global footprint through the implementation of new technologies such as automated barrier system to improve the safety and security measures. Key players operating in barrier systems market include Lindsay Corporation, Hill & Smith Holdings PLC, Tata Steel Ltd., ATG Access Ltd., Trinity Industries Inc., BBS Barriers, Automatic System Inc., CT Safety Barriers, Transpo Industries, Avians, and others.
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.