FEATURED COMPANIES
- A-SAFE
- Avon-barrier
- Barrier1 Systems Inc.
- DELTABLOC
- Hill & Smith Barrier
- Lindsay Corporation
The global barrier systems market was valued at $19,150.0 million in 2019, and is projected to reach $25,411.8 million by 2027, registering a CAGR of 3.7% from 2020 to 2027. The global barrier systems market was 34,353 thousand units by volume in 2019, and is projected to reach 49,415 thousand units by volume by 2027, registering a CAGR of 4.7% from 2020 to 2027. Barrier systems are essential components that are used to eliminate and minimize the crashes and vehicle collisions to ensure the safety of vehicles and pedestrians. These systems include fence, bollard, crash barrier, drop arm, and others. Rapid growth in the infrastructure industries and urbanization has highly impacted the traffic level on roads, leading to increased number of accident incidences. To curb down the accident frequencies and ensure road safety, barrier systems are installed. Barrier systems are the road directors that ensure safety for vehicles as well as pedestrians by guiding them along with proper routes and preventing them from entering into restricted areas.
Government’s increasing investments in transport infrastructure including road, highway, bridge, railway, and airport is a primary factor that accelerates the demand for barrier systems. Furthermore, rise in population and an increase in purchasing power drive the automobile industry; thereby, stimulating the need for application of safety solutions. This scenario is expected to boost the barrier systems market growth. Moreover, with the continuous technological evolution, manufacturers are producing barrier systems equipped with automated control panel systems, which serve as a potential booster for the global market growth. However, barrier systems especially rigid barriers incur high-cost of repair on crash impacts, which is expected to restrain the growth of the global market.
As per the market trend, plastic barrier systems are witnessing significant growth, owing to its attributes such as low cost, durability, and light weight. One of the major factors that drives the adoption of plastic barrier system among the manufacturers includes the recyclability and reusability properties of plastics.
The global barrier systems market is segmented on the basis of device type, technology, material type, and application. On the basis of device type, the market is segmented into fence, bollard, gates, crash barrier, drop arm, and others. Crash barrier is further sub-segmented into crash cushions, end treatments, sand and water-filled plastic barriers, and others. Technological segmentation includes rigid, semi-rigid, and flexible barrier systems. By material type, it is classified into metal and non-metal, wherein the metal segment is further divided into steel, aluminum, and tungsten, whereas, non-metal is segmented into plastic, wood, and concrete. Barrier systems have a significant application in roadways, railways, airports, and others (commercial and residential).
Region wise, the global barrier systems market is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, & Africa). Asia-Pacific, India, in particular, poses a potential market for the global barrier systems market, owing to the rapid growth in the infrastructure sector.
COMPETITION ANALYSIS
The key companies profiled in the report include A-SAFE, Avon-barrier, Barrier1 Systems, Inc., DELTABLOC, Global GRAB Technologies, Inc, Gramm Barrier Systems Limited, Hill & Smith Barrier, Lindsay Corporation, Tata Steel Europe, and Valmont Structures Pvt. Ltd.
KEY BENEFITS FOR STAKEHOLDERS
GLOBAL BARRIER SYSTEMS MARKET SEGMENTS
BY DEVICE TYPE
By Technology
BY MATERIAL TYPE
BY APPLICATION
By Region
KEY PLAYERS
Government’s increasing investments in transport infrastructure including road, highway, bridge, railway, and airport is a primary factor that accelerates the demand for barrier systems. Furthermore, rise in population and an increase in purchasing power drive the automobile industry; thereby, stimulating the need for application of safety solutions. This scenario is expected to boost the barrier systems market growth. Moreover, with the continuous technological evolution, manufacturers are producing barrier systems equipped with automated control panel systems, which serve as a potential booster for the global market growth. However, barrier systems especially rigid barriers incur high-cost of repair on crash impacts, which is expected to restrain the growth of the global market.
As per the market trend, plastic barrier systems are witnessing significant growth, owing to its attributes such as low cost, durability, and light weight. One of the major factors that drives the adoption of plastic barrier system among the manufacturers includes the recyclability and reusability properties of plastics.
The global barrier systems market is segmented on the basis of device type, technology, material type, and application. On the basis of device type, the market is segmented into fence, bollard, gates, crash barrier, drop arm, and others. Crash barrier is further sub-segmented into crash cushions, end treatments, sand and water-filled plastic barriers, and others. Technological segmentation includes rigid, semi-rigid, and flexible barrier systems. By material type, it is classified into metal and non-metal, wherein the metal segment is further divided into steel, aluminum, and tungsten, whereas, non-metal is segmented into plastic, wood, and concrete. Barrier systems have a significant application in roadways, railways, airports, and others (commercial and residential).
Region wise, the global barrier systems market is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, & Africa). Asia-Pacific, India, in particular, poses a potential market for the global barrier systems market, owing to the rapid growth in the infrastructure sector.
COMPETITION ANALYSIS
The key companies profiled in the report include A-SAFE, Avon-barrier, Barrier1 Systems, Inc., DELTABLOC, Global GRAB Technologies, Inc, Gramm Barrier Systems Limited, Hill & Smith Barrier, Lindsay Corporation, Tata Steel Europe, and Valmont Structures Pvt. Ltd.
KEY BENEFITS FOR STAKEHOLDERS
- The report provides an extensive analysis of the current and emerging barrier systems market trends and dynamics.
- In-depth market analysis is conducted by constructing market estimations for the key market segments between 2019 and 2027.
- Extensive analysis of the barrier systems market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
- A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
- The global barrier systems market forecast analysis from 2020 to 2027 is included in the report.
- The key market players within barrier systems market are profiled in this report and their strategies are analyzed thoroughly, which helps understand the competitive outlook of the barrier systems industry.
GLOBAL BARRIER SYSTEMS MARKET SEGMENTS
BY DEVICE TYPE
- Fences
- Bollards
- Gate
- Crash Barrier Systems
- Crash Cushions
- End Treatments
- Sand and Water Filled Barriers
- Guardrail Energy Absorbent Terminal
- Others
- Drop Arms
- Others
By Technology
- Rigid
- Semirigid
- Flexible
BY MATERIAL TYPE
- Metal
- Steel
- Aluminum
- Tungsten
- Non-Metal
- Plastics
- Wood
- Concrete
BY APPLICATION
- Roadways
- Airports
- Railways
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Italy
- France
- Russia
- Germany
- Netherlands
- Spain
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Singapore
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
KEY PLAYERS
- A-SAFE
- Avon-barrier
- Barrier1 Systems, Inc.
- DELTABLOC
- Global GRAB Technologies, Inc.
- Gramm Barrier Systems Limited
- Hill & Smith Barrier
- Lindsay Corporation
- Tata Steel Europe
- Valmont Structures Pvt. Ltd.
Frequently Asked Questions about the Global Barrier Systems Market
What is the estimated value of the Global Barrier Systems Market?
What is the growth rate of the Global Barrier Systems Market?
What is the forecasted size of the Global Barrier Systems Market?
Who are the key companies in the Global Barrier Systems Market?
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- A-SAFE
- Avon-barrier
- Barrier1 Systems Inc.
- DELTABLOC
- Hill & Smith Barrier
- Lindsay Corporation
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Global Barrier SysteMS Market, by Device Type
Chapter 5: Global Barrier SysteMS Market, by Technology
Chapter 6: Global Barrier SysteMS Market, by Material
Chapter 7: Global Barrier SysteMS Market, by Application
Chapter 8: Barrier SysteMS Market, by Region
Chapter 9: Company Profiles
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- A-SAFE
- Avon-barrier
- Barrier1 Systems Inc.
- DELTABLOC
- Hill & Smith Barrier
- Lindsay Corporation
According to the report titled, 'Barrier Systems Market by Device Type, Technology, Material Type, Application, and Distribution Channel: Opportunity Analysis and Industry Forecast, 2020-2027' the global barrier systems market size was valued at $19.1 billion in 2019, and is projected to reach $25.4 billion by 2027, registering a CAGR of 3.7% from 2020 to 2027. The global barrier systems market was 34,353 thousand units by volume in 2019, and is projected to reach 49,415 thousand units by volume by 2027, registering a CAGR of 4.7% from 2020 to 2027.
Barrier systems are widely used as a safety solution in transport modes, including roadways, railways, and airport’s. Barrier systems are also used in commercial infrastructures such as corporate and institutional buildings, complexes, and residential areas.
Increase in investments in commercial infrastructure would create the need for effective crowd management solutions such as entry & exit, vehicle parking areas, and pedestrian safety. In order to cater to these needs, safety barrier systems such as bollards, swipe gates, guardrails, and drop arms are required, which in turn is expected to accelerate the growth of the global market.
Furthermore, investments in roadways, railways, and airport constructions will generate the need for the application of safety barrier systems to ensure safety of vehicles and pedestrians. Roadways include roads, highways, and bridges, which are expected to increase the demand for crash barrier systems with an aim to reduce the frequency of road mishaps. An expansion of the airport network would engender the need for bollards in the passenger queue, security check points, and entrance and exit, along with drop arms in vehicle parking areas, vehicle entrance, and others. Investments in railway infrastructure would create the need for drop arms, indicating lights and bollards installation. Thus, the expansion and modification of these modes of transportation are expected to fuel the global barrier systems market growth.
Europe hold a dominant position in the global barrier systems market, whereas Asia-Pacific is projected to be the fastest growing segment, registering a CAGR of 4.8%. This is attributed to rise in population, an increase in purchasing power, and surge in government initiatives to expand the transport infrastructure especially roadways and highways. The crash barrier systems segment is expected to register a CAGR of 4.2% during the forecast period, owing to increase in investments in transport infrastructure around the globe. The demand for global market is expected to continue to grow during the forecast period, owing to expansion of transport infrastructure.
Furthermore, many companies adopted product launch, product development, and acquisition, as its key developmental strategies to sustain the intense competition and improve its product portfolio. For instance, in January 2020, Indian-based Valmont Structures Pvt Ltd acquired the share of AgSense for approximately $42 million. The AgSense company deals with highway barriers, road blockers, and other engineering products. Similarly, in August 2019, U.S.-based Lindsay Corporation launched Absorb-M Crash cushion system to control barrier systems. The Absorb-M system is wide and interchangeable, stackable element that reduces inventory costs. It is universal transition adapts to most portable or permanent barriers.
The key players profiled in the barrier systems market report include A-SAFE, Avon-barrier, Barrier1 Systems, Inc., DELTABLOC, Global GRAB Technologies, Inc, Gramm Barrier Systems Limited, Hill & Smith Barrier, Lindsay Corporation, Tata Steel Europe, and Valmont Structures Pvt. Ltd.
Key Findings of the Study:
The report provides an extensive analysis of the current and emerging barrier systems market trends and dynamics.
By device type, the crash barrier systems segment dominated the market, in terms of revenue in 2019 and is projected to grow at a CAGR of 4.2% during the forecast period.
By application, the roadways segment registered highest growth in the market in 2019.
The Asia-Pacific region is projected to register the highest growth rate in the coming years.
The report provides an extensive analysis of the barrier systems market trends and emerging opportunities of the market.
In-depth barrier systems market analysis is conducted by constructing estimations for the key segments between 2020 and 2027.
Barrier systems are widely used as a safety solution in transport modes, including roadways, railways, and airport’s. Barrier systems are also used in commercial infrastructures such as corporate and institutional buildings, complexes, and residential areas.
Increase in investments in commercial infrastructure would create the need for effective crowd management solutions such as entry & exit, vehicle parking areas, and pedestrian safety. In order to cater to these needs, safety barrier systems such as bollards, swipe gates, guardrails, and drop arms are required, which in turn is expected to accelerate the growth of the global market.
Furthermore, investments in roadways, railways, and airport constructions will generate the need for the application of safety barrier systems to ensure safety of vehicles and pedestrians. Roadways include roads, highways, and bridges, which are expected to increase the demand for crash barrier systems with an aim to reduce the frequency of road mishaps. An expansion of the airport network would engender the need for bollards in the passenger queue, security check points, and entrance and exit, along with drop arms in vehicle parking areas, vehicle entrance, and others. Investments in railway infrastructure would create the need for drop arms, indicating lights and bollards installation. Thus, the expansion and modification of these modes of transportation are expected to fuel the global barrier systems market growth.
Europe hold a dominant position in the global barrier systems market, whereas Asia-Pacific is projected to be the fastest growing segment, registering a CAGR of 4.8%. This is attributed to rise in population, an increase in purchasing power, and surge in government initiatives to expand the transport infrastructure especially roadways and highways. The crash barrier systems segment is expected to register a CAGR of 4.2% during the forecast period, owing to increase in investments in transport infrastructure around the globe. The demand for global market is expected to continue to grow during the forecast period, owing to expansion of transport infrastructure.
Furthermore, many companies adopted product launch, product development, and acquisition, as its key developmental strategies to sustain the intense competition and improve its product portfolio. For instance, in January 2020, Indian-based Valmont Structures Pvt Ltd acquired the share of AgSense for approximately $42 million. The AgSense company deals with highway barriers, road blockers, and other engineering products. Similarly, in August 2019, U.S.-based Lindsay Corporation launched Absorb-M Crash cushion system to control barrier systems. The Absorb-M system is wide and interchangeable, stackable element that reduces inventory costs. It is universal transition adapts to most portable or permanent barriers.
The key players profiled in the barrier systems market report include A-SAFE, Avon-barrier, Barrier1 Systems, Inc., DELTABLOC, Global GRAB Technologies, Inc, Gramm Barrier Systems Limited, Hill & Smith Barrier, Lindsay Corporation, Tata Steel Europe, and Valmont Structures Pvt. Ltd.
Key Findings of the Study:
The report provides an extensive analysis of the current and emerging barrier systems market trends and dynamics.
By device type, the crash barrier systems segment dominated the market, in terms of revenue in 2019 and is projected to grow at a CAGR of 4.2% during the forecast period.
By application, the roadways segment registered highest growth in the market in 2019.
The Asia-Pacific region is projected to register the highest growth rate in the coming years.
The report provides an extensive analysis of the barrier systems market trends and emerging opportunities of the market.
In-depth barrier systems market analysis is conducted by constructing estimations for the key segments between 2020 and 2027.
Note: Product cover images may vary from those shown
- A-SAFE
- Avon-barrier
- Barrier1 Systems Inc.
- DELTABLOC
- Global GRAB Technologies Inc
- Gramm Barrier Systems Limited
- Hill & Smith Barrier
- Lindsay Corporation
- Tata Steel Europe
- Valmont Structures Pvt. Ltd
Note: Product cover images may vary from those shown
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.
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