Global Crash Barrier Systems Market (2021 to 2026) - Growth of the Flexible Crash Barriers Segment Presents Opportunities

Dublin, April 14, 2021 (GLOBE NEWSWIRE) -- The "Crash Barrier Systems Market by Type (Portable & Fixed), Technology (Rigid, Semi-Rigid & Flexible), Device (Crash Cushions, End Treatments, and GEAT), Application (Roadside, Median, Work-zone, and Bridge) & Region - Global Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.

The global Crash barrier systems market is estimated to be USD 7.6 billion in 2021 and is projected to reach USD 9.0 billion by 2026, at a CAGR of 3.3% from 2021 to 2026.

The growth is due to the growing construction and automotive industries throughout the world. Crash barrier systems finds applications in various roadside barrier, median barrier, bridge barrier, work zone barrier and others. The roadside barrier segment led the Crash barrier systems market in 2020, accounting for a share of 54.3%, in terms of value.

Flexible Barrier is expected to be the fastest growing technology in the Crash barrier systems market during the forecast period.

Flexible barrier is the fastest-growing technology segment in the Crash barrier systems market. Flexible barriers are considered to be among the best crash countermeasures with crash reductions of up to 90%. The growth in this segment is attributed to the rising demand for cables and wire ropes on roadside and median applications. It accounted for a share of about 11.7% of the Crash barrier systems market, in terms of volume, in 2020.

Median Barrier is expected to be the fastest growing application in the Crash barrier systems market during the forecast period.

Median barrier is the fastest-growing application segment in the Crash barrier systems market. The growth in this segment is attributed to the rising demand from locations with high traffic volumes, high speeds, and significant amount of heavy truck traffic. It accounted for a share of about 20.4% of the Crash barrier systems market, in terms of volume, in 2020.

Europe is the largest market for Crash barrier systems.

Europe is the largest and market of crash barrier systems, with Russia being the major emerging market. The market in the region is growing because of the willingness of companies in the region to take up capital-intensive projects, along with the availability of technical expertise. Russia is a major manufacturer of Crash barrier systems and had the highest consumption of crash barrier systems. It accounted for a share of about 32.8% of the Crash barrier systems market, in terms of volume, in 2020.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in Crash Barrier Systems Market
4.2 Crash Barrier Systems Market, by Region
4.3 Europe: Crash Barrier Systems Market, by Country and Application
4.4 Crash Barrier Systems Market: by Major Countries

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Infrastructural Spending
5.2.1.2 Increasing Incidences of Road Crash
5.2.1.3 Government Regulations and Obligations
5.2.2 Restraints
5.2.2.1 High Crash Severity Due to Barrier Collision
5.2.3 Opportunities
5.2.3.1 Growing Opportunities in Emerging Regions
5.2.3.2 Growing Construction and Automotive Industries
5.2.3.3 Growth of the Flexible Crash Barriers Segment
5.2.4 Challenges
5.2.4.1 Interference of the Highway Agencies
5.2.4.2 Volatility in Raw Material Prices

6 Industry Trends
6.1 Porter's Five Forces Analysis
6.1.1 Bargaining Power of Suppliers
6.1.2 Threat of New Entrants
6.1.3 Threat of Substitutes
6.1.4 Bargaining Power of Buyers
6.1.5 Rivalry Among Existing Competitors
6.2 Supply Chain Analysis
6.2.1 Prominent Companies
6.2.2 Small & Medium Enterprises
6.2.3 Impact of COVID-19 on Supply Chain
6.3 Trade Analysis
6.4 Market Map
6.5 Pricing Analysis
6.6 Technology Analysis
6.7 Case Study Analysis
6.7.1 Safety Barrier System Rollout for M74 Bridge in Scotland
6.7.1.1 Hardstaff Barriers Supplies Safety Barrier System to Transport Scotland
6.7.1.1.1 Objective
6.7.1.1.2 Solution Statement
6.7.1.1.3 Benefits
6.8 Patent Analysis
6.9 Policy & Regulations
6.9.1 European Road Federation (Erf)
6.9.2 National Cooperative Highway Research Program
6.10 Macroeconomic Indicators
6.10.1 Trends and Forecast of GDP
6.10.2 Production Statistics of Steel, 2019

7 Crash Barrier Systems Market, by Type
7.1 Introduction
7.2 Portable Barrier Systems
7.2.1 Increasing Demand for Movable Barriers in Traffic Control on Highways to Drive the Market
7.3 Fixed Barrier Systems
7.3.1 Low Life Cycle Cost of Fixed Barrier Systems to Boost the Market

8 Crash Barrier Systems Market, by Technology
8.1 Introduction
8.2 Rigid Barrier Systems
8.2.1 Low Maintenance Requirement of Rigid Barriers to Drive the Market
8.2.2 Concrete Barriers
8.2.3 Pre-Cast Concrete Barriers
8.3 Semi-Rigid Barrier Systems
8.3.1 Increasing Demand for Semi-Rigid Barriers on Highways and Median to Drive the Market
8.3.2 W-Beam Barriers
8.3.3 Thrie-Beam Barriers
8.3.4 Box Beam Barriers
8.4 Flexible Barrier Systems
8.4.1 Lowest Installation and Maintenance Cost of Flexible Barrier Systems to Boost the Market
8.4.2 Cable and Chain Beam Barriers

9 Crash Barrier Systems Market, by Device
9.1 Introduction
9.2 Crash Cushions
9.2.1 Excellent Impact Absorption Capacity of Crash Cushions to Drive the Demand
9.3 End Treatment
9.3.1 End Treatment to Witness Moderate Growth During the Forecast Period
9.4 Water and Sand Filled Barrels
9.4.1 Growing Demand from Work Zone & Bridge Decks to Support the Market
9.5 Guardrail Energy Absorbent Terminals (Geat)
9.5.1 Easy Assembly and Installation of Geat to Drive the Market
9.6 Others

10 Crash Barrier Systems Market, by Application
10.1 Introduction
10.2 Roadside Barrier
10.2.1 Rising Demand for Guardrail and Wire Ropes to Boost the Market
10.3 Median Barrier
10.3.1 Increased Demand from Heavy Traffic Zones Expected to Boost the Market
10.4 Work Zone Barrier
10.4.1 Increasing Demand for Safety of Personnel on Highways and Roadways to Drive the Demand
10.5 Bridge Barrier
10.5.1 New Construction and Infrastructure Development Projects in Emerging Economies to Boost the Market
10.6 Others

11 Crash Barrier Systems Market, by Region
11.1 Introduction
11.2 North America
11.3 Europe
11.4 APAC
11.5 Middle East & Africa
11.6 South America

12 Competitive Landscape
12.1 Overview
12.2 Market Share Analysis
12.3 Market Evaluation Framework
12.4 Revenue Analysis of Top 5 Market Players
12.5 Company Evaluation Quadrant
12.5.1 Star
12.5.2 Emerging Leaders
12.5.3 Pervasive
12.5.4 Emerging Companies
12.6 Sme Matrix, 2020
12.6.1 Progressive Companies
12.6.2 Responsive Companies
12.6.3 Dynamic Companies
12.6.4 Starting Blocks
12.7 Competitive Scenario
12.7.1 New Product Launch
12.7.2 Merger & Acquisition
12.7.3 Agreements & Contracts
12.7.4 Expansion
12.7.5 Partnership & Collaboration

13 Company Profiles
13.1 Major Players
13.1.1 Tata Steel Europe
13.1.2 Nv Bekaert S.A.
13.1.3 Valmont Industries, Inc.
13.1.4 Trinity Industries Inc.
13.1.5 Nucor Corporation
13.1.6 Lindsay Corporation
13.1.7 Hill & Smith Holding plc
13.1.8 Transpo Industries, Inc.
13.1.9 Arbus Limited
13.1.10 Avon Barrier Corporation Ltd.
13.2 Other Players
13.2.1 Pennar Industries Ltd.
13.2.2 Jindal India Limited
13.2.3 OTW Safety
13.2.4 Deltabloc International Gmbh
13.2.5 Sheetal Group
13.2.6 Frontier Polymers Ltd.
13.2.7 Houstan Systems Private Limited.
13.2.8 Barrier1 Systems, LLC
13.2.9 Kartikeya Industries Private Ltd.
13.2.10 Rowa Cil Infrastructures
13.2.11 Summit Precast Concrete
13.2.12 Guangxi Shiteng Traffic Facilities Co. Ltd.
13.2.13 Mediterranean Building Materials
13.2.14 Dana Steel Processing Industry LLC
13.2.15 Galvacoat

14 Appendix
14.1 Discussion Guide
14.2 Knowledge Store
14.3 Available Customizations
14.4 Related Reports
14.5 Author Details

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