Global Barrier Systems Market Size, Share, and Trends Analysis Report, By Type (Fence, Bollard, Gates, Crash Barrier, Drop Arm, and Others), By Technology (Rigid, Semi-Rigid, and Flexible), By Material Type (Metal, and Non-metal), By Application (Roadways, Airports, Railways, and Others), Forecast (2022-2028)

The global barrier systems market is anticipated to grow at a CAGR of 4.0% during the forecast period (2022-2028).  Barrier systems are movable barriers for lane management and highway crash cushions to improve the safety of motorists, airports, residential lanes, and commercial buildings. 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. Technological innovations and modification of transport infrastructure and development of commercial real estate are some driving factors supporting the growth of the global barrier system market.

Investments in the roadway, railway, and airport construction, and construction of roads such as roads, highways, and bridges require crash barrier systems to reduce the frequency of road accidents. Additionally, highway authorities have imposed regulations to install crash barriers alongside highways are further contributing to the growth of the market. Additionally, various contractors and road authorities adopt barrier systems for making congested highways more safe, efficient, and functional as it supports to reduce accidents. However, high cost required for barrier systems is the restraining factor for the growth of the market.

Some major players in the market include Tata Steel Ltd., Hill & Smith Holdings plc, and Lindsay Corp., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market.

Recent Developments

• In July 2021, Perimeter Protection Germany GmbH acquired Avon- barriers Corp. Ltd. The Perimeter Protection Germany GmbH is one of the suppliers of vehicle barriers.
• In September 2019, Traffic Tech (Gulf) W.L.L developed intelligent automated crash barriers for highways, bridges, tunnels, and traffic diversion applications.
• In May 2019, Delta Scientific Corp. developed self-contained MP5000 mobile deployable vehicle crash barriers, which can stop vehicles up to 7.5 tons traveling at 64

Market Coverage                                                                

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Technology
  • By Material Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Competitive Landscape- Tata Steel Ltd., Hill & Smith Holdings plc, and Lindsay Corp., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Barrier Systems Market Report by Segment

By Type

• Fence
• Bollard
• Gates
• Crash Barrier
• Drop Arm
• Others

By Technology

• Rigid
• Semi-Rigid
• Flexible

By Material Type

• Metal
• Non-metal

By Application

• Roadways
• Airports
• Railways
• Others

Global Barrier Systems Market Report by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa