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2020
Barrier Systems Market

Barrier Systems Market

by Device Type (Fence, Bollard, Gates, Crash Barrier, Drop Arm, and Others), Technology (Rigid, Semirigid, and Flexible), Material Type (Metal and Non-metal), and Application (Roadways, Airports, Railways, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027
Update Available On-Demand

Report Code: A01581
Pages: 507
May 2020 | 13986 Views
Author(s) : Amar Chinchane & Onkar Sumant
Tables: 294
Charts: NA
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COVID-19

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The global barrier systems market size was valued at $19,150.0 million in 2019, and is projected to reach $25,411.8 million by 2027, registering a CAGR of 3.7% from 2020 to 2027. The global barrier systems market was 34,353 thousand units by volume in 2019, and is projected to reach 49,415 thousand units by volume by 2027, registering a CAGR of 4.7% from 2020 to 2027. 

Barrier systems are an essential component that ensure safety solutions on roadways, airports, residential lanes, commercial buildings, railways, and others. They are installed to effectively manage vehicles and minimize the possibilities of vehicle intrusions. These systems are also used in commercial infrastructures such as corporate and institutional buildings, complexes, and residential areas. The global barrier systems market is expected to witness significant growth, owing to implementation of various technologies, modification of transport infrastructure, and development of commercial real estate. Barrier devices such as fences, bollards, crash barriers, and drop arms/boom barriers are installed on roadways, airports, and railways to accurately redirect the vehicles and pedestrians along proper routes. 

info-global-barrier-systems-market-1589975845

Investments in roadway, railway, and airport constructions may generate the need for the application of safety barrier systems. Roadways construction, such as roads, highways, and bridges, requires crash barrier systems to reduce the frequency of road mishaps. Expansion of airport network is expected to create the need for bollards in the passenger queue, security check points, entrance and exit, drop arms in the vehicle parking areas, and vehicle entrance. Investments in railway infrastructure would create the need for drop arms, indicating lights and bollards. Thus, expansion and modification of these modes of transportation are expected to boost the barrier systems market growth.  Furthermore, highway authorities globally have imposed regulations to install crash barriers along highways; thus, supplementing the barrier systems market growth. 

Barrier Systems Market
By Device Type

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Crash Barrier Systems segment is projected to grow at a highest CAGR

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Increase in investments in commercial infrastructure are expected to create the need for effective crowd management solutions such as entry and exit, vehicle parking areas, and pedestrian safety, which use safety barrier systems such as bollards, swipe gates, guardrails, and drop arms.

Barrier Systems Market
By Application

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Roadways segment holds dominant position in 2019

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Moreover, the properties of plastic such as cost-effectiveness, reusability, & recyclability, and low maintenance cost act as an impetus for key players to focus on manufacturing crash barrier systems derived from plastics, which are equipped with innovative designs that are easily visible. Manufacturers are also emphasizing on installing advance technology crash barriers for improving the security and reducing the crash impact. For instance, in May 2019, Delta Scientific developed self-contained MP5000 mobile deployable vehicle crash barriers, which can stop vehicle up to 7.5 ton travelling 64 kph. Similarly, in September 2019, Traffic Tech developed intelligent automated crash barriers for highways, bridge, tunnel, and traffic diversion applications. These factors are anticipated to create lucrative growth opportunities for the players in barrier systems market.

Barrier Systems Market
By Region

2027
Europe 
North America
Asia-pacific
Lamea

Europe holds a dominant position in 2019 and Asia-Pacific is expected to grow at a significant rate during the forecast period.

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Furthermore, the growth in infrastructural industries is the major factor that boosts the demand for crash barrier systems. Crash barrier systems have significant application in roadways including roads, highways & bridges, airports, construction zones, and railways. These barrier systems are expected to gain the maximum traction during the forecast period, owing to the rise in roadway construction and increase in number of vehicles. 

To contain the impact of COVID 19, countries around the globe has imposed a lockdown, which led to the restricting the movement of people and reducing in manufacturing capacities and installation of barrier systems. Such factor has negatively affected the barrier systems manufacturing companies. Moreover, many firms and supplier in barrier systems market depend on China for their materials. The restrictions on movement by the Government has stopped all the logistics operations across the globe. Thus, experiencing difficulties with their material supply chain.

The global barrier systems market is segmented on the basis of device type, technology, material type, and application. On the basis of device types, the barrier systems market is segmented into fence, bollard, gates, crash barrier, drop arm, and others. Crash barrier is further sub-segmented into crash cushions, end treatments, sand and water-filled plastic barriers, and others. Technological segmentation includes rigid, semi-rigid, and flexible barrier systems. By material type, it is classified into metal and non-metal, wherein the metal segment is further divided into steel, aluminum, and tungsten, whereas, non-metal is segmented into plastic, wood, and concrete. Barrier systems have a significant application in roadways, railways, airports, and others (commercial and residential). 

Region wise, the global barrier systems market is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, & Africa). Asia-Pacific, India, in particular, poses a potential market for the global barrier systems market, owing to rapid growth in the infrastructure sector.

Competition Analysis

The key companies profiled in the report 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 major players operating in the global barrier systems market have adopted key strategies such as product launch and acquisition to strengthen their market outreach and sustain the stiff competition in the market.   

Key Benefits For Stakeholders

  • The report provides an extensive analysis of the current and emerging barrier systems market trends and dynamics.  

  • In-depth barrier systems market analysis is conducted by constructing estimations for the key segments between 2019 and 2027. 

  • Extensive analysis of the barrier systems market is conducted by following key product positioning and monitoring of the top competitors within the market framework.

  • A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.

  • The global barrier systems market forecast analysis from 2020 to 2027 is included in the report.

  • The key players operating in the barrier systems market are profiled in this report, and their strategies are analyzed thoroughly, which help understand the competitive outlook of the barrier systems industry. 

Global Barrier Systems Market Segments

By Device Type

  • Fences
  • Bollards
  • Gate
  • Crash Barrier Systems
    • Crash Cushions
    • End Treatments
    • Sand and Water Filled Barriers
    • Guardrail Energy Absorbent Terminal
    • Others
  • Drop Arms
  • Others

By Technology

  • Rigid
  • Semirigid
  • Flexible

By Material Type

  • Metal
    • Steel
    • Aluminum
    • Tungsten
  • Non-Metal
  • Plastics
  • Wood
  • Concrete

By Application

  • Roadways
  • Airports
  • Railways
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Italy
    • France
    • Russia
    • Germany
    • Netherlands
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Singapore
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East 
    • Africa

Key Players

  • A-SAFE
  • Avon-barrier
  • Barrier1 Systems, Inc.
  • DELTABLOC
  • Global GRAB Technologies, Inc.
  • Gramm Barrier Systems Limited
  • Hill & Smith Barrier
  • Lindsay Corporation
  • Tata Steel Europe
  • Valmont Structures Pvt. Ltd.
 

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Implementation of technologies such as automated bollards, automated sweeping gates, and automated ticket pass machines is expected to boost the growth of the barrier systems market. Furthermore, increase in investments in transport infrastructure across all regions is estimated to drive the growth of the market. Asia-Pacific is projected to be the fastest growing market in terms of global barrier systems, owing to rise in population, increase in purchasing power, and surge in government initiatives to expand the transport infrastructure especially for roadways and highways. However, high repair costs and inability of plastic barrier systems to provide effective safety solutions are expected to be the potential challenges of the global market. On the contrary, implementation of various sensing and control technologies, modification of transport infrastructure, and development of the commercial real estate are anticipated to boost the market growth.

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FREQUENTLY ASKED QUESTIONS?

A. The barrier systems market size was valued at $19,150.0 million in 2019.

A. Based on device type, the crash barrier systems segment holds the maximum market share of the barrier systems market in 2019.

A. To get latest version of Barrier systems market report can be obtained on demand from the website.

A. The Barrier systems market is projected to reach $25,411.8 million by 2027.

A. The urbanization and growing investment in the road and highway infrastructure sector are the key trends in the barrier systems market.

A. The top ten market players are selected based on two key attributes - competitive strength and market positioning

A. The product launch is key growth strategy of barrier systems industry players.

A. The company profile has been selected on factors such as geographical presence, market dominance (in terms of revenue and volume sales), various strategies and recent developments.

A. High maintenance and repair cost are the effecting factors for barrier systems market.

A. Its application includes barriers for roadways, railways, airports, and others.

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