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Crash Barrier Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

Pre Book Price: $ 5216

Original Price: $ 5795

The increasing road traffic had raised the demand for installation of safety and support systems in vehicles. Steel crash barrier systems provide safety and support for the vehicle moving away from the traffic path to the area outside the lane. Crash barrier system is a protection used to avoid infrastructural damage, surface car park allocation, and approach lane containment where there is risk to the motorist. The crash barrier systems hold and redirect the uncontrolled vehicle, thereby saving the passengers from injury and ensuring safety for both, vehicle and passenger. 


Crash barrier systems market is segmented on the basis of type, material property, devices, applications and geography. Based on type, the crash barrier system market can be segmented into movable barrier system and immovable barrier system. Based on the material property, the crash barrier system can be categorized into rigid barrier, semi-rigid, and flexible barrier. Based on the devices, the crash barrier market can be segmented into guardrails energy absorbent terminals (GEAT), crash cushions, water and sand filled plastic barriers, gating and non-gating end treatment, and others (brakemaster, hex-foam sandwich systems, and low-slung maintenance attenuators). Based on the end user applications, the crash barrier market can be segmented into median barriers, bridge barriers, roadside barriers, work zone barriers, and others (pedestrian foot-path barriers, hilly terrains, and racing tracks). Furthermore, on the basis of geography, the crash barrier systems market can be segmented into five major regions which include North America, Asia Pacific, Europe, Middle East & Africa and Latin America. 


Growing awareness towards the adoption of safety measures is one of the factors driving the growth of crash barrier system market, globally. The major companies such as Avon Barrier Corporation Ltd., are focusing on providing additional rigidity to the barrier system for maximizing safety. Increasing investment in infrastructural development such as roads, airports, coupled with the rising automotive industry are some key factors stimulating the growth of crash barrier system market across the globe. Increasing demand for automobiles is resulting in the rising safety concerns to avoid any mishap or fatal accident. Thus, crash barrier system is the safety measure used to prevent the vehicle from going off the lane thereby providing safety for passengers. However, some of the crash barrier systems involves high life-cycle cost due to repair needs after crashes, which is one of the factors inhibiting the growth of crash barrier systems market. Furthermore, high cost severity due to barrier collision is also a restraint associated with crash barrier systems. Although, the rising demand of flexible barrier systems which require low cost of repair after crashes is triggering the growth of crash barrier market, globally.


Some of the major players in crash barrier systems market include Lindsay Corporation (U.S.), Tata Steel Limited (India), Avon Barrier Corporation Ltd. (U.K.), Trinity Industries, Inc. (U.S.), Nucor Corporation (U.S.), Valmont Industries, Inc. (U.S.), Transpo Industries, Inc. (U.S.), Arbus Limited (U.K.),NV Bekaert SA (Belgium),Hill & Smith Holdings PLC (U.K.), and among others.


This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 

  • North America 
  • Asia Pacific 
  • Europe
  • Middle East and Africa
  • Latin America

This report provides comprehensive analysis of 

  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for upcoming years 

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. 


Reasons for Buying this Report

  • This report provides pin-point analysis for changing competitive dynamics
  • It provides a forward looking perspective on different factors driving or restraining market growth 
  • It provides a six-year forecast assessed on the basis of how the market is predicted to grow 
  • It helps in understanding the key product segments and their future
  • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
  • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments 
  • It provides distinctive graphics and exemplified SWOT analysis of major market segments

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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