Crash Barrier Systems Market Introduction and Overview
According to SPER Market Research, the Global Crash Barrier Systems Market is estimated to reach USD XX billion by 2033 with a CAGR of XX%.
The report includes an in-depth analysis of the Global Crash Barrier Systems Market, including market size and trends, product mix, applications, and supplier analysis. In order to prevent accidents, crash barriers are built beside roads or in the space between two sections of highways. To stop automobile penetration, crash barriers are put in place. As a result of multiple invasion scenarios, two primary testing standards have been developed. Anti-ram barriers are those made specially to deter vehicles from colliding head-on with perimeters. The purpose of crash attenuation barriers is to lessen the impact of collisions.
- In December 2019: Valmont Industries, Inc. unveiled HighwayGuard LDS, a steel safety barrier that complies with MASH 16 TL-3, in December 2019. Its T-connector allows for speedier barrier section installation, removal, and separation. Additionally, it allows you to change barrier runs, replace broken sections, and create access gaps by removing portions of a run.
- In August 2019: Lindsay Corporation introduced ABSORB-M, a novel water-filled crash cushion technology that is non-redirective, in August 2019. The ABSORB-M is appropriate for small spaces with limited road and workspace since it has been tested to meet the Manual for Assessing Safety Hardware (MASH) Test Level TL-2 and TL-3 criteria set by the American Association of State Highway and Transportation Officials (AASHTO).
Market Opportunities and Challenges
The market is anticipated to grow rapidly in developing nations, particularly in Asia-Pacific and LAMEA, as a result of increased investments in transportation and commercial infrastructure. The crash barrier systems market is growing quickly and dramatically since there is a current demand for airport developments. Growing industrial infrastructure in developing nations has a beneficial effect on market expansion. Furthermore, it is anticipated that growing demand for commercial real estate will spur market expansion in developed areas. Additionally, it is anticipated that the industrialized economies in Asia-Pacific and LAMEA will grow, offering the market promising opportunities.
In order to maintain product lifespan expansion following any accident, the stiff and semi-rigid barrier systems are expected to hinder market growth due to their high maintenance and repair costs. For example, the cost of fixing automated crash barrier systems is high, particularly when automated technology is required. Concrete barrier systems require a complete rebuild before they can be fixed, just like steel barrier systems. These serve as market constraints for barrel systems. In addition, it is common for cars to crash into traffic barriers, necessitating immediate maintenance and repairs to secure the area and fix any damage.
Market Competitive Landscape
There are tier-1, tier-2, and local players in the market. The new market categories are often pursued by the major players in the industry. In the manufacturing industry, crash barrier systems are typically less desirable than specialized robots that are designed for a certain work environment. It is projected that the investment will enhance the company's position as a leader in sterile packaging solutions. With its numerous unique characteristics, the Universal Swing Gate promises to modernize installation, set the bar for material quality, and enhance pedestrian safety at work. The major players in the Global Crash Barrier Systems Market include: Tata steel Europe (UK), NV Bekaert S.A. (Belgium), Valmont Industries, Inc. (UK), Trinity Industries Inc (US), and Nucor Corporation (US). Arbus Limited, Avon Barrier Corporation Ltd, Barrier1 Systems, LLC, Hill Smith Holdings PLC, Lindsay Corporation, Transpo Industries.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2033 |
Base year considered | 2022 |
Forecast period | 2023-2033 |
Segments covered | By Type, By Technology, By Device, By Application
|
Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
|
Companies Covered | Tata steel Europe (UK), NV Bekaert S.A. (Belgium), Valmont Industries, Inc. (UK), Trinity Industries Inc (US), and Nucor Corporation (US). Arbus Limited, Avon Barrier Corporation Ltd, Barrier1 Systems, LLC, Hill Smith Holdings PLC, Lindsay Corporation. Transpo Industries |
COVID-19 Impact on Global Crash Barrier Systems Market
The epidemic had a significant effect on product demand because the industry primarily depends on improving traffic regulations and reducing collisions. The unexpected discovery of the novel coronavirus has had an impact on the crash barrier systems market. Restrictions like the lockout and others, such cross-barrier movements, made the issue worse. Market manufacturers are likely to take the initiative and alter the production processes in order to prevent bottlenecks and schedule output in accordance with the demand from tier 1 manufacturers. The market is also anticipated to gain from the higher funding and spending in R&D initiatives.
Key Target Audience:
- Manufacturers
- Raw Materials Suppliers
- Retailers, Wholesalers and Distributors
- Governments, Associations and Industrial Bodies
- Investors and Trade Experts
Our in-depth analysis of the Crash Barrier Systems Market includes the following segments:
By Type: |
Fixed
Portable
|
By Technology: |
Flexible
Rigid
Semi- Rigid
|
By Device: |
Crash Cushions
End Treatments
GEAT
|
By Application: |
Bridge
Median
Roadside
Work- Zone
|
Key Topics Covered in the Report:
- Global Crash Barrier Systems Market Size (FY’2023-FY’2033)
- Overview of Global Crash Barrier Systems Market
- Segmentation of Global Crash Barrier Systems Market By Type (Portable, Fixed)
- Segmentation of Global Crash Barrier Systems Market By Technology (Rigid, Semi- Rigid, Flexible)
- Segmentation of Global Crash Barrier Systems Market By Device (Crash Cushions, End treatment, GEAT)
- Segmentation of Global Crash Barrier Systems Market By Application (Roadside, Median, Work- Zone, Bridge)
- Statistical Snap of Global Crash Barrier Systems Market
- Expansion Analysis of Global Crash Barrier Systems Market
- Problems and Obstacles in Global Crash Barrier Systems Market
- Competitive Landscape in the Global Crash Barrier Systems Market
- Impact of COVID-19 and Demonetization on Global Crash Barrier Systems Market
- Details on Current Investment in Global Crash Barrier Systems Market
- Prominent Players in the Global Crash Barrier Systems Market
- SWOT Analysis of Global Crash Barrier Systems Market
- Global Crash Barrier Systems Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Crash Barrier Systems Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Crash Barrier Systems Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Crash Barrier Systems Market
7. Global Crash Barrier Systems Market, By Type (USD Million)
7.1. Global Crash Barrier Systems Market Value Share and Forecast, By Type,
2023-2033
7.2. Fixed
7.3. Portable
8. Global Crash Barrier Systems Market, By Technology (USD Million)
8.1. Global Crash Barrier Systems Market Value Share and Forecast, By Technology 2023-2033
8.2. Flexible
8.3. Rigid
8.4. Semi- Rigid
9. Global Crash Barrier Systems Market, By Device (USD Million)
9.1. Global Crash Barrier Systems Market Value Share and Forecast, By Device 2023-2033
9.2. Crash Cushions
9.3. End Treatments
9.4. GEAT
10. Global Crash Barrier Systems Market, By Application (USD Million)
10.1. Global Crash Barrier Systems Market Value Share and Forecast, By Application 2023-2033
10.2. Bridge
10.3. Median
10.4. Roadside
10.5. Work- Zone
11. Global Crash Barrier Systems Market Forecast, 2019-2033 (USD Million)
11.1. Global Crash Barrier Systems Market
12. Global Crash Barrier Systems Market, By Type 2019-2033 (USD Million)
12.1. Global Crash Barrier Systems Market Size and Market Share, By Type (2019-2026)
12.2. Global Crash Barrier Systems Market Size and Market Share, By Type (2027-2033)
13. Global Crash Barrier Systems Market, By Technology, 2019-2033 (USD Million)
13.1. Global Crash Barrier Systems Market Size and Market Share, By Technology (2019-2026)
13.2. Global Crash Barrier Systems Market Size and Market Share, By Technology (2027-2033)
14. Global Crash Barrier Systems Market, By Device, 2019-2033 (USD Million)
14.1. Global Crash Barrier Systems Market Size and Market Share, By Device (2019-2026)
14.2. Global Crash Barrier Systems Market Size and Market Share, By Device (2027-2033)
15. Global Crash Barrier Systems Market, By Application, 2019-2033 (USD Million)
15.1. Global Crash Barrier Systems Market Size and Market Share, By Application (2019-2026)
15.2. Global Crash Barrier Systems Market Size and Market Share, By Application (2027-2033)
16. Global Crash Barrier Systems Market, By Region, 2019-2033 (USD Million)
16.1. Global Crash Barrier Systems Market Size and Market Share, By Region (2019-2026)
16.2. Global Crash Barrier Systems Market et Size and Market Share, By Region (2027-2033)
16.3. Asia-Pacific
16.3.1. Australia
16.3.2. China
16.3.3. India
16.3.4. Japan
16.3.5. South Korea
16.3.6. Rest of Asia-Pacific
16.4. Europe
16.4.1. France
16.4.2. Germany
16.4.3. Italy
16.4.4. Spain
16.4.5. United Kingdom
16.4.6. Rest of Europe
16.5. Middle East and Africa
16.5.1. Kingdom of Saudi Arabia
16.5.2. United Arab Emirates
16.5.3. Rest of Middle East & Africa
16.6. North America
16.6.1. Canada
16.6.2. Mexico
16.6.3. United States
16.7. Latin America
16.7.1. Argentina
16.7.2. Brazil
16.7.3. Rest of Latin America
17. Company Profile
17.1 Arbus Limited
17.1.1. Company details
17.1.2. Financial outlook
17.1.3. Product summary
17.1.4. Recent developments
17.2. Avon Barrier Corporation Ltd
17.2.1. Company details
17.2.2. Financial outlook
17.2.3. Product summary
17.2.4. Recent developments
17.3. Hill Smith Holdings PLC
17.3.1. Company details
17.3.2. Financial outlook
17.3.3. Product summary
17.3.4. Recent development
17.4. Lindsay Corporation Ltd.
17.4.1. Company details
17.4.2. Financial outlook
17.4.3. Product summary
17.4.4. Recent developments
17.5. NV Bekaert S.A. (Belgium)
17.5.1. Company details
17.5.2. Financial outlook
17.5.3. Product summary
17.5.4. Recent developments
17.6. Nucor Corporation (US)
17.6.1. Company details
17.6.2. Financial outlook
17.6.3. Product summary
17.6.4. Recent developments
17.7. Tata Steel Europe (UK)
17.7.1. Company details
17.7.2. Financial outlook
17.7.3. Product summary
17.7.4. Recent developments
17.8. Transpo Industries
17.8.1. Company details
17.8.2. Financial outlook
17.8.3. Product summary
17.8.4. Recent developments
17.9. Valmont Industries
17.9.1. Company details
17.9.2. Financial outlook
17.9.3. Product summary
17.9.4. Recent developments
17.10. Others
18. List of Abbreviations
19. Reference Links
20. Conclusion
21. Research Scope