The “Barrier systems market” report for by type (Fences, Crash barrier systems, Crash barrier devices, Bollards, Drop arms and others)-by function (Active and Passive) –by access control device (perimeter security systems & alarms, bio-metric systems, turnstile systems, token & reader technology and others) – by application (roadways, railways, commercial, residential and others) -by geography (North America, Europe, Asia Pacific, Middle East & Africa and South America)) – is expected to reach US $ 21.96 Bn by 2026, at a CAGR of 3.29 %.
Crash barrier systems are expected to dominate the growth in the global barrier systems market.
Crash barrier systems are employed by several countries for increasing safety concerns of pedestrians and vehicle, which is expected to increase demand for the crash barrier systems. Crash barrier systems have unlocked new growth opportunities in the developing economies. Automotive industries expanding at a fast rate are also boosting the global barrier systems market growth. Growing spending on infrastructure development includes airports and roads in the developing countries are projected to fuel the global barrier systems market growth.
Plastic safety barriers are expected to share significant growth in the global barrier systems market during the forecast period.
Plastic barrier systems are projected to dominate the barrier systems market. This barrier system offers the feature such as high durability, low cost, and lightweight, which is expected to increase product demand. Plastic is a popular choice for barrier system key players. Furthermore, plastic barriers can be reprocessed and reused, manufacture them sustainable. Plastic is one of the rare materials that can be used for production both, active as well as passive safety barriers.
Turnstile Systems is projected to dominate the global barrier systems market.
Enhanced security is the chief reason for installing a turnstile system, which proposals vastly superior access control via preventing and detecting unauthorised entrants. Turnstile gates only permit access to one person at a time, imposing one-way traffic by means of a biometric pass, identity card or similar. The fact that only one person is permissible through at a time slows down the rate of human traffic and tolerates security staff plenty of time to spot potential trouble and interfere if necessary.
Asia-Pacific is estimated to grow at a high rate of CAGR during the forecast year.
The Asia-Pacific region is the most striking market for barrier systems. The increasing economy and the rapid growth in the infrastructure sector in the Asia-Pacific region have expressively impacted the growth of barrier systems. This region is expected to witness the maximum number of new constructions and infrastructural activities during the forecast period. The roadways and railways are increasing in China and India owing to substantial investment in infrastructure. The introduction of foreign investment in India also augments the market for barrier systems.
This report comprises a study of marketing and development approaches, along with the product portfolios of leading companies. It includes the profiles of some of the leading manufacturers such as Lindsay Corporation, Hill & Smith Holdings PLC, Tata Steel Ltd., ATG Access Ltd., Trinity Industries Inc., Transpo Industries, Avians , Omnitec, Deltabloc, Frontier Ploymers Ltd., Arbus Ltd, A-Safe UK Ltd., Gramm Barriers Systems Ltd., Centurion Barrier Systems, Avon Barrier Corporation Ltd., Valmont Industries Inc., BBS Barriers, Automatic Systems Inc, CT Safety Barriers, Worldwide Door Automation, Elektrovod Slovakia, s.ro., SEA UK Ltd, BoomGate Systems, Beninca UK and Automatic Entrance Systems Ltd.
Maximize market research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Global barrier systems market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Global barrier systems market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Global barrier systems market positioning of competitors.
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