Crash Barrier Systems Market Forecasts to 2028 – Global Analysis By Technology (Rigid Barriers, Semi-Rigid Barriers), Type (Moveable/Portable, Immovable/Fixed), Application (Bridge Barriers, Median Barriers) and By Geography
According to Stratistics MRC, the Global Crash Barrier Systems Market is accounted for $7,852.40 million in 2020 and is expected to reach $12,610.30 million by 2028 growing at a CAGR of 6.1% during the forecast period. Some of the factors such as rising infrastructural spending and increasing incidences of road crashes are propelling the market growth. However, high crash severity due to barrier collision is hampering the market growth.
Crash barrier systems are efficient safety solution systems that are being implemented for the safety of pedestrians as well as for the safety of vehicle owners. They are some of the road safety measures & solutions that are used for road barrier systems to provide safety for vehicles and to reduce the impact of vehicle crashes.
Based on the application, the median barriers segment holds the largest share in the market due to it reduce the impact of vehicles which are at high speed to prevent fatalities & injuries. They are preferred more as they require lower maintenance costs compared to other barrier systems.
By geography, the Asia Pacific is going to have a lucrative growth during the forecast period due to factors such as the enormously rising population and the growing prerequisite for safety systems. Moreover, stringent authoritative actions concerning the casual approach towards the road safety regulations to build and install technologically advanced crash barriers across applications.
Some of the key players profiled in the Crash Barrier Systems Market include Arbus Limited, Avon Barrier Corporation Ltd., Gramm Barrier Systems Ltd., Hill & Smith Holdings Plc, Lindsay Corporation, Nucor Corporation, NV Bekaert SA, Omnitec Group, RS Security Co.,Ltd., Salmen Tech Co. Inc., Tata Steel Limited, Transpo Industries, Inc., Trinity Industries, Inc., Utkarsh India Limited, and Valmont Industries, Inc.
• Flexible Barriers (Cable & Chain Beam Barriers)
• Rigid Barriers
• Semi-Rigid Barriers
• Guardrails Energy Absorbent Terminals (GEAT)
• Crash Cushion
• Gating and Non-Gating End Treatment
• Water & Sand Filled Plastic Barriers
• Other Devices
• Moveable/Portable Barrier System
• Immovable/Fixed Barrier System
• Bridge Barriers
• Median Barriers
• Roadside Barriers
• Work Zone Barriers
• Footpath Barriers
• Other Applications
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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