Crash Barrier Systems Market: Global Industry Analysis and Forecast (2023-2029)

Crash Barrier Systems Market was valued at US$ 6 Bn. in 2022. Global Crash Barrier Systems Market size is estimated to grow at a CAGR of 7.39%.
Crash Barrier Systems Market Overview:
Crash Barrier is a barrier system, which is engineered to prevent fatal injuries. It is constructed along the side of a road or between the two parts of a highway to avoid accidents. It is used to prevent car intrusion. High investments in the development of roads, railways, and airports are expected to increase the usages of barrier systems. The crash barrier systems are required for roadway development like roads, highways, and bridges, to limit the incidence of road disasters. To know about the Research Methodology:- Request Free Sample Report
Crash Barrier Systems Market Dynamics:
High expenditures in commercial infrastructure are expected to boost the demand for crash barrier systems. The crash barrier system has demand for effective crowd control solutions like entry and exit, car parking areas, and pedestrian safety. Barrier systems are a vital component that confirms safety solutions on roadways, airports, residential lanes, commercial buildings, railways, and others. They are fitted to efficiently manage vehicles and reduce the possibility of vehicle intrusions.

Road safety: Drive the adoption of Crash Barrier Systems

Road safety and security is one of the major concerns for transport authorities and service providers. Every year, more than million deaths have occurred because of the human error, distraction of the driver. Crash barrier systems are installed along highways to minimize the impact of vehicles at high speeds and prevent injuries and fatalities. With an introduction of innovative technologies, manufacturers have started to adopt advanced techniques to make crash barriers safer. An increase in awareness about road safety for both drivers and pedestrians which has directed to the growth of barrier market across the globe. An escalating roadways network, highways are expected to propel the growth of the barrier systems market.
Crash Barrier Systems Market Segment Analysis:
Based on the Technology, the Crash Barrier Systems Market is segmented into Rigid, Semi-rigid and Flexible. Semi-rigid barriers are made from steel beams or rails. It deflects less than flexible barriers. It can be located closer to the hazard when space is limited. Rigid barriers are utilized at high volume roadwork sites to protect road workers or other road users particularly. Flexible barriers are made from wire rope supported between frangible posts. It has best option for minimizing injuries to vehicle occupants. Flexible barriers deflect more than other barrier types. Rigid barriers are made of concrete and do not deflect. It is used only where there is no room for deflection of a semi-rigid or flexible barrier.
Crash Barrier Systems Market Regional Insights:
The Asia Pacific is projected to be prominent region in the global market during the forecast period. The growth in the market is attributed to the increase in demand for barrier systems for different applications. The presence of high population, rapid industrialization & urbanization, and awareness about safety are some of the prominent factors behind the regional market growth.

An expansion of the road network in India: Drive the Crash Barrier Systems Demand

India has the second-largest road network, which is spanning a total of 5.89 million kilometres (kms). The road network transports 64.5% of all goods in the country and 90% of India’s total passenger traffic usages road network. Road transportation is expected to increase at a rapid rate with improvement in connectivity between cities, towns and villages in the country that drive the crash barrier system. Highway construction in India increased at more than 15% rate of CAGR. Despite pandemic and lockdown, India has constructed 13,298 km of highways in 2021. The Ministry of Road Transport and Highways has constructed 2,284 kms of national highways compared with 1,681 kms in 2020.

The objective of the report is to present a comprehensive analysis of the global Crash Barrier Systems Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Crash Barrier Systems Market dynamic, structure by analyzing the market segments and projecting the Crash Barrier Systems Market size. Clear representation of competitive analysis of key players by Application, price, financial position, product portfolio, growth strategies, and regional presence in the Crash Barrier Systems Market make the report investor’s guide.
Crash Barrier Systems Market Scope: Inquire before buying



Crash Barrier Systems Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 6 Bn.


Forecast Period 2023 to 2029 CAGR:
7.39%
Market Size in 2029:
US $9.88 Bn.


 Segments Covered:
by Technology
Rigid
Semi-rigid
Flexible


by Type
Portable
Fixed


by Application
Roadside
Median
Bridge
Work zone


by Device
Water & Sand –Filled Plastic Barrels
Crash Cushions
Gating & Non-Gating end treatment
GEAT
Others



Crash Barrier Systems Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Crash Barrier Systems Market Key Players
1. Lindsay Corporation
2. Hill & Smith Holdings PLC
3. Tata Steel Ltd.
4. ATG Access Ltd.
5. Trinity Industries Inc.
6. Transpo Industries
7. Avians
8. Omnitec
9. Deltabloc
10.Frontier Ploymers Ltd.
11.Arbus Ltd
12.A-Safe UK Ltd.
13.Gramm Barriers Systems Ltd.
14.Centurion Crash Barrier Systems
15.Avon Barrier Corporation Ltd.
16.Valmont Industries Inc.
17.BBS Barriers
18.Automatic Systems Inc
19.CT Safety Barriers
20.Worldwide Door Automation
21.Elektrovod Slovakia, s.ro.
22.SEA UK Ltd
23.BoomGate Systems
24.Beninca UK
25.Automatic Entrance Systems Ltd.

Frequently Asked Questions:

1] What segments are covered in the Crash Barrier Systems Market report?
Ans. The segments covered in the Market report are based on Technology and Application.

2] Which region is expected to hold the highest share in the Crash Barrier Systems Market?
Ans. The Asia Pacific region is expected to hold the highest share in the Crash Barrier Systems Market.

3] What is the market size of the Crash Barrier Systems Market by 2029?
Ans. The market size of the Market by 2029 is US$ 9.88 Bn.

4] What is the forecast period for the Crash Barrier Systems Market?
Ans. The forecast period for the Market is 2023-2029.

5] What was the market size of the Crash Barrier Systems Market in 2022?
Ans. The market size of the  Market in 2022 was US$ 6 Bn.