Market Overview:
The global road crash barrier systems market is estimated to be valued at US$ 2,362.8 Mn in 2018 and is projected to register a CAGR of 5.5% over the forecast period (2018-2030), according to a new study by Transparency Market Research (TMR). The market is expected to be valued at US$ 3,584.4 Mn by 2030 end. The growth of the global road crash barrier systems market can be attributed to various factors such as increasing number of vehicular accidents and subsequent fatalities, government initiatives for safety infrastructure development, and rising demand for semi-rigid barriers across the globe. However, high installation cost of road crash barriers may restrain the growth of this market during the forecast period. Based on type, rigid barriers are expected to account for a larger share in terms revenue in 2018 as compared flexible barriers segment owing higher price point associated with these products coupled with their ability offer superior protection against collisions as compared flexible barriers products which often fail during collision tests conducted by regulatory agencies across different geographies . However , Flexible Barriers Segment Is Expected To Witness Highest CAGR Over The Forecast Period .
Product Definition:
Road crash barrier systems are roadside safety features used to reduce the severity of collisions between vehicles and obstacles such as utility poles, trees, or other vehicles. Road crash barriers can also prevent errant vehicles from leaving the roadway and striking pedestrians or other traffic.
Semi-rigid Barriers:
Semi-rigid barriers are designed to provide protection against lateral impact by absorbing or deflection of vehicles. They are installed in road crash barrier systems and can be used alone or in combination with crash barrier. These barriers have a high degree of efficiency as they reduce the momentum, speed and severity of vehicle collision which reduces the risk & severity of injuries caused to passengers inside the vehicle.
Rigid Barriers:
Rigid barriers are used in road crash barrier systems to restrict forward movement of vehicles. They are installed at the side of roads, usually in pairs, one at each side of a divided highway or road. The crash barrier is designed to absorb energy from a collision and prevent severe injuries or fatalities among vehicle passengers or drivers.
The global rigid barriers.
Application Insights:
The highway application segment led the global road crash barrier systems market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing investments for developing high-quality highways, which in turn will boost product demand over the next seven years.
Highway authorities are primarily concerned about protecting traffic lanes from accidents caused by vehicles falling off cliffs or getting stuck in tunnels, which may block traffic for hours if not days on end. To avoid such situations, barrier systems are being installed along highways to prevent vehicles from leaving the designated lanes during accidents or emergencies so that normal traffic flow is not affected.
The ordinary road application segment accounted for a share of 32% in terms of revenue and is expected to witness significant growth owing to rising awareness among consumers regarding personal safety while traveling on roads across various regions globally.
Regional Analysis:
Asia Pacific dominated the global road crash barrier systems market in 2016 and is expected to continue its dominance over the forecast period. The presence of emerging economies such as China, India, and Japan has resulted in an increase in investments for improving infrastructure. This has led to a rise in demand for semi-rigid barriers and rigid barriers. Moreover, increasing number of highway accidents due to lack of proper infrastructure is anticipated to boost product demand further.
The Asia Pacific regional market was followed by North America owing to growing awareness about road safety coupled with stringent regulations imposed on drivers regarding drinking & driving or using mobile phones while driving down risk factors resulting into high fatalities rate associated with road crashes within this region. Europe also accounted for a significant share within the global market owing both Rigid Barrier Systems (RBS) which are used at various locations including motorways, expressways etc.
Growth Factors:
- Increasing demand for road safety measures across the globe
- Rising number of vehicular accidents and subsequent fatalities
- Proliferation of smart cities that are conducive to the deployment of RCBS
- Stringent government regulations pertaining to safety in transportation infrastructure projects
- Technological advancements in RCBS that improve performance and reduce costs
Scope Of The Report
Report Attributes
Report Details
Report Title
Road Crash Barrier Systems Market Research Report
By Type
Semi-rigid Barriers, Rigid Barriers, Flexible Barriers
By Application
Highway, Ordinary Road
By Companies
Arbus Ltd., Avon Barrier Corp. Ltd., Hill & Smith Holdings Plc, Lindsay Corp., Nucor Corp., NV Bekaert SA, Tata Steel Ltd., Transpo Inudstries Inc., Trinity Industries Inc., Valmont Industries Inc., Metal Fencing Specialists, Safe Direction, MDS Barriers, OBEX Systems Ltd.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Road Crash Barrier Systems Market Report Segments:
The global Road Crash Barrier Systems market is segmented on the basis of:
Types
Semi-rigid Barriers, Rigid Barriers, Flexible Barriers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Highway, Ordinary Road
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Arbus Ltd.
- Avon Barrier Corp. Ltd.
- Hill & Smith Holdings Plc
- Lindsay Corp.
- Nucor Corp.
- NV Bekaert SA
- Tata Steel Ltd.
- Transpo Inudstries Inc.
- Trinity Industries Inc.
- Valmont Industries Inc.
- Metal Fencing Specialists
- Safe Direction
- MDS Barriers
- OBEX Systems Ltd.
Highlights of The Road Crash Barrier Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Semi-rigid Barriers
- Rigid Barriers
- Flexible Barriers
- By Application:
- Highway
- Ordinary Road
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Road Crash Barrier Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Road Crash Barrier Systems are a type of safety equipment designed to protect drivers and pedestrians from being injured or killed in a car crash. The barriers typically consist of metal plates that extend out from the side of the road, forming an obstacle between the vehicle and any pedestrians or other vehicles nearby.
Some of the major players in the road crash barrier systems market are Arbus Ltd., Avon Barrier Corp. Ltd., Hill & Smith Holdings Plc, Lindsay Corp., Nucor Corp., NV Bekaert SA, Tata Steel Ltd., Transpo Inudstries Inc., Trinity Industries Inc., Valmont Industries Inc., Metal Fencing Specialists, Safe Direction, MDS Barriers, OBEX Systems Ltd..
The road crash barrier systems market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Road Crash Barrier Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Road Crash Barrier Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Road Crash Barrier Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Road Crash Barrier Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Road Crash Barrier Systems Market Size & Forecast, 2020-2028
4.5.1 Road Crash Barrier Systems Market Size and Y-o-Y Growth
4.5.2 Road Crash Barrier Systems Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Semi-rigid Barriers
5.2.2 Rigid Barriers
5.2.3 Flexible Barriers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Highway
6.2.2 Ordinary Road
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Road Crash Barrier Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Road Crash Barrier Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Semi-rigid Barriers
9.6.2 Rigid Barriers
9.6.3 Flexible Barriers
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Highway
9.10.2 Ordinary Road
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Semi-rigid Barriers
10.6.2 Rigid Barriers
10.6.3 Flexible Barriers
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Highway
10.10.2 Ordinary Road
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Semi-rigid Barriers
11.6.2 Rigid Barriers
11.6.3 Flexible Barriers
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Highway
11.10.2 Ordinary Road
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Semi-rigid Barriers
12.6.2 Rigid Barriers
12.6.3 Flexible Barriers
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Highway
12.10.2 Ordinary Road
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Semi-rigid Barriers
13.6.2 Rigid Barriers
13.6.3 Flexible Barriers
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Highway
13.10.2 Ordinary Road
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Road Crash Barrier Systems Market: Competitive Dashboard
14.2 Global Road Crash Barrier Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arbus Ltd.
14.3.2 Avon Barrier Corp. Ltd.
14.3.3 Hill & Smith Holdings Plc
14.3.4 Lindsay Corp.
14.3.5 Nucor Corp.
14.3.6 NV Bekaert SA
14.3.7 Tata Steel Ltd.
14.3.8 Transpo Inudstries Inc.
14.3.9 Trinity Industries Inc.
14.3.10 Valmont Industries Inc.
14.3.11 Metal Fencing Specialists
14.3.12 Safe Direction
14.3.13 MDS Barriers
14.3.14 OBEX Systems Ltd.
