Barrier systems are essential components that are used to eliminate and minimize crashes and vehicle collisions to ensure the safety of vehicles and pedestrians. Barrier 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. Furthermore, barrier systems act as guidelines, to ensure safe passage of vehicles as well as pedestrians along designated 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 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. 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 barrier systems market. 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 their attributes such as low cost, durability, and light weight. One of the major factors that drives the adoption of plastic barrier systems among the manufacturers includes the recyclability and re-usability properties of plastics. In addition, various government initiatives in developing economies are anticipated to substantially increase the number of road and rail development projects in emerging economies.
In addition, the report includes regional market analysis of these segments. Each segment in the report is studied at regional and country level as well to provide complete coverage of the barrier systems market. The report categorizes the barrier systems market into four major regions including North America, Europe, Asia-Pacific, and LAMEA. These regions are further sub-categorized into countries to cover barrier systems market scenario across respective regions.
Furthermore, the report covers the competitive scenario of the barrier systems market. The key players operating in the barrier systems market are studied in the report to understand their current market position and competitive strengths in the industry. The report profiles 10 key companies. Moreover, the company profiles include various data-points such as company overview, company executives, recent financials of the company and major growth strategies espoused by companies, to maintain their position in the market.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the barrier systems market analysis from 2021 to 2031 to identify the prevailing barrier systems market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the barrier systems market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global barrier systems market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Material
- Metal
- Non-metal
By Application
- Roadways
- Airports
- Railways
- Others
By Device type
- Fences
- Bollards
- Gate
- Crash barrier systems
- Drop arms
By Technology
- Rigid
- Semi-rigid
- Flexible
By Region
- North America
- U. S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Deltabloc International GmbH
- A-Safe
- Tata Steel Group
- Barrier 1 Systems, Inc
- Avon Barriers Corporation Limited
- Hill & Smith Ltd
- Global Grab Technologies Inc.
- Valmont Structures Pvt Ltd.
- Lindsay Corporation
- Gramm Barriers Systems Limited
Please note:
- Online Access price format is valid for 60 days access. Printing is not enabled.
- PDF Single and Enterprise price formats enable printing.
Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Expansion of infrastructure
3.4.1.2. Increasing road safety awareness
3.4.1.3. Advancements in technology
3.4.2. Restraints
3.4.2.1. High maintenance and repair cost
3.4.2.2. High severity of collisions in rigid barrier collision
3.4.3. Opportunities
3.4.3.1. Increased infrastructure investment in emerging economies
3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: BARRIER SYSTEMS MARKET, BY DEVICE TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Fences
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3 Bollards
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
4.4 Gate
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market share analysis by country
4.5 Crash barrier systems
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market share analysis by country
4.6 Drop arms
4.6.1 Key market trends, growth factors and opportunities
4.6.2 Market size and forecast, by region
4.6.3 Market share analysis by country
CHAPTER 5: BARRIER SYSTEMS MARKET, BY TECHNOLOGY
5.1 Overview
5.1.1 Market size and forecast
5.2 Rigid
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3 Semi-rigid
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country
5.4 Flexible
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market share analysis by country
CHAPTER 6: BARRIER SYSTEMS MARKET, BY MATERIAL
6.1 Overview
6.1.1 Market size and forecast
6.2 Metal
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3 Non-metal
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country
CHAPTER 7: BARRIER SYSTEMS MARKET, BY APPLICATION
7.1 Overview
7.1.1 Market size and forecast
7.2 Roadways
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market share analysis by country
7.3 Airports
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market share analysis by country
7.4 Railways
7.4.1 Key market trends, growth factors and opportunities
7.4.2 Market size and forecast, by region
7.4.3 Market share analysis by country
7.5 Others
7.5.1 Key market trends, growth factors and opportunities
7.5.2 Market size and forecast, by region
7.5.3 Market share analysis by country
CHAPTER 8: BARRIER SYSTEMS MARKET, BY REGION
8.1 Overview
8.1.1 Market size and forecast
8.2 North America
8.2.1 Key trends and opportunities
8.2.2 North America Market size and forecast, by Device type
8.2.3 North America Market size and forecast, by Technology
8.2.4 North America Market size and forecast, by Material
8.2.5 North America Market size and forecast, by Application
8.2.6 North America Market size and forecast, by country
8.2.6.1 U. S.
8.2.6.1.1 Key market trends, growth factors and opportunities
8.2.6.1.2 Market size and forecast, by Device type
8.2.6.1.3 Market size and forecast, by Technology
8.2.6.1.4 Market size and forecast, by Material
8.2.6.1.5 Market size and forecast, by Application
8.2.6.2 Canada
8.2.6.2.1 Key market trends, growth factors and opportunities
8.2.6.2.2 Market size and forecast, by Device type
8.2.6.2.3 Market size and forecast, by Technology
8.2.6.2.4 Market size and forecast, by Material
8.2.6.2.5 Market size and forecast, by Application
8.2.6.3 Mexico
8.2.6.3.1 Key market trends, growth factors and opportunities
8.2.6.3.2 Market size and forecast, by Device type
8.2.6.3.3 Market size and forecast, by Technology
8.2.6.3.4 Market size and forecast, by Material
8.2.6.3.5 Market size and forecast, by Application
8.3 Europe
8.3.1 Key trends and opportunities
8.3.2 Europe Market size and forecast, by Device type
8.3.3 Europe Market size and forecast, by Technology
8.3.4 Europe Market size and forecast, by Material
8.3.5 Europe Market size and forecast, by Application
8.3.6 Europe Market size and forecast, by country
8.3.6.1 Germany
8.3.6.1.1 Key market trends, growth factors and opportunities
8.3.6.1.2 Market size and forecast, by Device type
8.3.6.1.3 Market size and forecast, by Technology
8.3.6.1.4 Market size and forecast, by Material
8.3.6.1.5 Market size and forecast, by Application
8.3.6.2 France
8.3.6.2.1 Key market trends, growth factors and opportunities
8.3.6.2.2 Market size and forecast, by Device type
8.3.6.2.3 Market size and forecast, by Technology
8.3.6.2.4 Market size and forecast, by Material
8.3.6.2.5 Market size and forecast, by Application
8.3.6.3 UK
8.3.6.3.1 Key market trends, growth factors and opportunities
8.3.6.3.2 Market size and forecast, by Device type
8.3.6.3.3 Market size and forecast, by Technology
8.3.6.3.4 Market size and forecast, by Material
8.3.6.3.5 Market size and forecast, by Application
8.3.6.4 Italy
8.3.6.4.1 Key market trends, growth factors and opportunities
8.3.6.4.2 Market size and forecast, by Device type
8.3.6.4.3 Market size and forecast, by Technology
8.3.6.4.4 Market size and forecast, by Material
8.3.6.4.5 Market size and forecast, by Application
8.3.6.5 Rest of Europe
8.3.6.5.1 Key market trends, growth factors and opportunities
8.3.6.5.2 Market size and forecast, by Device type
8.3.6.5.3 Market size and forecast, by Technology
8.3.6.5.4 Market size and forecast, by Material
8.3.6.5.5 Market size and forecast, by Application
8.4 Asia-Pacific
8.4.1 Key trends and opportunities
8.4.2 Asia-Pacific Market size and forecast, by Device type
8.4.3 Asia-Pacific Market size and forecast, by Technology
8.4.4 Asia-Pacific Market size and forecast, by Material
8.4.5 Asia-Pacific Market size and forecast, by Application
8.4.6 Asia-Pacific Market size and forecast, by country
8.4.6.1 China
8.4.6.1.1 Key market trends, growth factors and opportunities
8.4.6.1.2 Market size and forecast, by Device type
8.4.6.1.3 Market size and forecast, by Technology
8.4.6.1.4 Market size and forecast, by Material
8.4.6.1.5 Market size and forecast, by Application
8.4.6.2 India
8.4.6.2.1 Key market trends, growth factors and opportunities
8.4.6.2.2 Market size and forecast, by Device type
8.4.6.2.3 Market size and forecast, by Technology
8.4.6.2.4 Market size and forecast, by Material
8.4.6.2.5 Market size and forecast, by Application
8.4.6.3 Japan
8.4.6.3.1 Key market trends, growth factors and opportunities
8.4.6.3.2 Market size and forecast, by Device type
8.4.6.3.3 Market size and forecast, by Technology
8.4.6.3.4 Market size and forecast, by Material
8.4.6.3.5 Market size and forecast, by Application
8.4.6.4 South Korea
8.4.6.4.1 Key market trends, growth factors and opportunities
8.4.6.4.2 Market size and forecast, by Device type
8.4.6.4.3 Market size and forecast, by Technology
8.4.6.4.4 Market size and forecast, by Material
8.4.6.4.5 Market size and forecast, by Application
8.4.6.5 Rest of Asia-Pacific
8.4.6.5.1 Key market trends, growth factors and opportunities
8.4.6.5.2 Market size and forecast, by Device type
8.4.6.5.3 Market size and forecast, by Technology
8.4.6.5.4 Market size and forecast, by Material
8.4.6.5.5 Market size and forecast, by Application
8.5 LAMEA
8.5.1 Key trends and opportunities
8.5.2 LAMEA Market size and forecast, by Device type
8.5.3 LAMEA Market size and forecast, by Technology
8.5.4 LAMEA Market size and forecast, by Material
8.5.5 LAMEA Market size and forecast, by Application
8.5.6 LAMEA Market size and forecast, by country
8.5.6.1 Latin America
8.5.6.1.1 Key market trends, growth factors and opportunities
8.5.6.1.2 Market size and forecast, by Device type
8.5.6.1.3 Market size and forecast, by Technology
8.5.6.1.4 Market size and forecast, by Material
8.5.6.1.5 Market size and forecast, by Application
8.5.6.2 Middle East
8.5.6.2.1 Key market trends, growth factors and opportunities
8.5.6.2.2 Market size and forecast, by Device type
8.5.6.2.3 Market size and forecast, by Technology
8.5.6.2.4 Market size and forecast, by Material
8.5.6.2.5 Market size and forecast, by Application
8.5.6.3 Africa
8.5.6.3.1 Key market trends, growth factors and opportunities
8.5.6.3.2 Market size and forecast, by Device type
8.5.6.3.3 Market size and forecast, by Technology
8.5.6.3.4 Market size and forecast, by Material
8.5.6.3.5 Market size and forecast, by Application
CHAPTER 9: COMPANY LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.5. Top player positioning, 2021
CHAPTER 10: COMPANY PROFILES
10.1 Deltabloc International GmbH
10.1.1 Company overview
10.1.2 Key Executives
10.1.3 Company snapshot
10.1.4 Operating business segments
10.1.5 Product portfolio
10.1.6 Business performance
10.1.7 Key strategic moves and developments
10.2 A-Safe
10.2.1 Company overview
10.2.2 Key Executives
10.2.3 Company snapshot
10.2.4 Operating business segments
10.2.5 Product portfolio
10.2.6 Business performance
10.2.7 Key strategic moves and developments
10.3 Tata Steel Group
10.3.1 Company overview
10.3.2 Key Executives
10.3.3 Company snapshot
10.3.4 Operating business segments
10.3.5 Product portfolio
10.3.6 Business performance
10.3.7 Key strategic moves and developments
10.4 Barrier 1 Systems, Inc
10.4.1 Company overview
10.4.2 Key Executives
10.4.3 Company snapshot
10.4.4 Operating business segments
10.4.5 Product portfolio
10.4.6 Business performance
10.4.7 Key strategic moves and developments
10.5 Avon Barriers Corporation Limited
10.5.1 Company overview
10.5.2 Key Executives
10.5.3 Company snapshot
10.5.4 Operating business segments
10.5.5 Product portfolio
10.5.6 Business performance
10.5.7 Key strategic moves and developments
10.6 Hill & Smith Ltd
10.6.1 Company overview
10.6.2 Key Executives
10.6.3 Company snapshot
10.6.4 Operating business segments
10.6.5 Product portfolio
10.6.6 Business performance
10.6.7 Key strategic moves and developments
10.7 Global Grab Technologies Inc.
10.7.1 Company overview
10.7.2 Key Executives
10.7.3 Company snapshot
10.7.4 Operating business segments
10.7.5 Product portfolio
10.7.6 Business performance
10.7.7 Key strategic moves and developments
10.8 Valmont Structures Pvt Ltd.
10.8.1 Company overview
10.8.2 Key Executives
10.8.3 Company snapshot
10.8.4 Operating business segments
10.8.5 Product portfolio
10.8.6 Business performance
10.8.7 Key strategic moves and developments
10.9 Lindsay Corporation
10.9.1 Company overview
10.9.2 Key Executives
10.9.3 Company snapshot
10.9.4 Operating business segments
10.9.5 Product portfolio
10.9.6 Business performance
10.9.7 Key strategic moves and developments
10.10 Gramm Barriers Systems Limited
10.10.1 Company overview
10.10.2 Key Executives
10.10.3 Company snapshot
10.10.4 Operating business segments
10.10.5 Product portfolio
10.10.6 Business performance
10.10.7 Key strategic moves and developments
Executive Summary
According to this report, titled, 'Barrier Systems Market,' The barrier systems market was valued at $19.3 billion in 2021, and is estimated to reach $28.1 billion by 2031, growing at a CAGR of 3.7% from 2022 to 2031.Barrier systems are a type of traffic management solution that are used to prevent crashes and vehicular collisions to enhance the safety of vehicles and pedestrians. Typical components of barrier systems include fence, bollard, crash barrier, drop arm, and others. In addition, barrier systems act as guidelines, to ensure safe passage of vehicles as well as pedestrians along designated routes and preventing them from entering into restricted areas.
Key factors driving the growth of the barrier systems market include expansion of infrastructure, increase in road safety awareness and growth of automotive industry. According to the International Energy Agency, India has approximately 25 vehicles per thousand people as of 2020, and the number is expected to across 150 by the year 2040. Such rapid increase in the number of vehicles not only creates a demand for new roads, but also highlights the necessity of expansion of existing roads and construction of urban flyovers. Thus, increasing infrastructure projects due to growth of automotive industry is a direct driver in the demand for crash barriers. Furthermore, according to the WHO, 90% of road accident deaths are recorded in low- or middle-income countries and Africa has the highest rate of road crash deaths. Road crashes have a severe socio-economic impact in middle- and low-income countries as they negatively affect the income of household. Thus, the importance of crash barriers systems in mitigating the risk of fatal road crashes positively influences the market.
The market also offers growth opportunities to the key players in the market. Efficient road networks play a key role in the overall development of a country as they significantly reduce transportation costs and time. Road projects also create jobs, thereby increasing the purchasing capacity of the people. Thus, to boost the overall development, many international organizations such as World Bank, Asian Development Bank, African Development Bank and others are financing infrastructural projects in emerging countries. As barrier systems are an essential component of major roads, the influx of such high investments in road projects provides lucrative growth opportunities for crash barrier systems market.
The barrier systems market is segmented by device type, material type, technology, application, and region. The market segmentation on the basis of device type includes fence, bollards, crash barriers gate and drop arms. The barrier systems market is also categorized on the basis of its material type, which includes metal and non-metal. Based on technology, this market is classified into rigid, semi-rigid, and flexible. By application, the market is segmentation into roadways, airports, railways and others. On the basis of region, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East and Africa).
The key players profiled in the study 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. The players in the market have been actively engaged in the adoption various strategies such as product launch and partnerships to remain competitive and gain advantage over the competitors in the market.
Key Market Insights
By type, the crash barrier systems segment was the highest revenue contributor to the market and is estimated to reach $17,800.6 million by 2031, with a CAGR of 4.0%. However, the bollards segment is estimated to be the fastest-growing segment with a CAGR of 4.4% during the forecast period.By technology, the semi-rigid segment dominated the global market. However, the flexible segment is expected to be the fastest-growing segment with a CAGR of 4.0% during the forecast period.
Based on material, the metal segment was the highest revenue contributor to the market with a CAGR of 3.5% during the forecast period.
Based on region, Europe garnered the largest revenue share in 2021, whereas Asia-Pacific is anticipated to grow at the highest CAGR of 7.5% during the forecast period
Companies Mentioned
- Deltabloc International GmbH
- A-Safe
- Tata Steel Group
- Barrier 1 Systems, Inc.
- Avon Barriers Corporation Limited
- Hill & Smith Ltd.
- Global Grab Technologies Inc.
- Valmont Structures Pvt Ltd.
- Lindsay Corporation
- Gramm Barriers Systems Limited
Methodology
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.
LOADING...