Market Overview:
The global road guardrail market is estimated to be valued at US$ 1,362.8 Mn in 2018 and is projected to reach US$ 2,711.5 Mn by 2030, registering a CAGR of 7.9% from 2018 to 2030. The market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into fixed guardrail and removable guardrail segments. Fixed guardrails are permanently installed along roadsides while removable guardrails can be easily installed and removed as per requirement. On the basis of application, the market is segmented into roadways, highways, parking lots and others segments which include airport runways & taxiways etcetera). The North America region dominates the global road guardrail market with a share of more than 35% in terms of value in 2017 followed by Europe region with a share close to 30%.
Product Definition:
A road guardrail is a roadside safety feature that helps prevent vehicles from leaving the roadway. Road guardrails are often installed along the shoulder of a highway or freeway, but can also be used in urban areas. The main purpose of road guardrails is to protect drivers and passengers from being ejected from a vehicle in the event of a crash or rollover, as well as to keep vehicles from crashing into hazards such as trees or utility poles.
Fixed:
Fixed is a new term in the road safety industry. It was created to differentiate between two types of guardrails, traffic control and warning. The Fixed product segment has been growing at a significant rate over the past few years owing to its increasing demand in construction sites, industrial areas and public places as well as on highways where workers are often in danger of falling off from high heights.
Removable:
By product (Removable Barricades, Non-removable Barricades), By application (Highways & Roadways, Building Perimeter Security) and Segment Forecasts to 2022 -> The global removable barricades market size was valued at USD 1.83 billion in 2014. Growing security concerns owing to increasing terrorist activities across the globe is expected to drive industry growth over the forecast period.
Application Insights:
Roadways and highways accounted for the largest share in 2016. The need for road safety is increasing with the growing traffic due to rise in number of vehicles on roads, which is expected to drive demand over the forecast period. Roadways are one of the most hazardous application areas as they have a high potential of occurrence of accidents caused by various factors such as driver distraction, speeding, drinking and driving etc., which increases riskiness associated with this application area thereby impacting market growth.
The others segment includes railway tracks, pathways and parking lots among others.
Regional Analysis:
Asia Pacific dominated the global road guardian rail market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing investments in infrastructure development, rising construction activities, and growing automotive industry across emerging economies such as China, India, Indonesia among others.
The European region accounted for a significant share of the global revenue in 2017 owing to stringent regulations enforced by various regulatory bodies such as FHWA (Federal Highway Administration), EIB (European Integrated Border Management) among others regardingguardrail deployment on roadsides. The North American regional market is also estimated to witness considerable growth over the coming years due to increasing government spending on infrastructure projects along with rising emphasis towards road safety initiatives undertaken by both federal and state governments. For instance; In 2015 U.
Growth Factors:
- Increasing demand for road safety measures across the globe is expected to drive the growth of global road guardrail market over the forecast period.
- Growing number of vehicular accidents and fatalities is also anticipated to fuel the demand for road guardrail systems over the next few years.
- Proliferation of smart cities and increasing investments in transportation infrastructure are also projected to boost market growth in near future.
- Rising awareness about benefits of using road guardrails is another key factor that would propel market expansion during forecast period.
- Technological advancements in manufacturing processes are likely to create new opportunities for players operating in global Road Guardrail market over coming years
Scope Of The Report
Report Attributes
Report Details
Report Title
Road Guardrail Market Research Report
By Type
Fixed, Removable
By Application
Roadways, Highways, Parking Lots, Others
By Companies
Trinity Highway Products, LLC, Gordon's Specialties, Inc, Ideal Shield, Zaoqiang Dacheng Rubber, Precision Highway Contractors, Inc, Anping Linkland Wiremesh Products Co., Ltd, U.S. Barricades LLC, Geobrugg AG, Gregory Industries, Fabrimet, RANHUA, Australian Construction Products Pty 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
209
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Road Guardrail Market Report Segments:
The global Road Guardrail market is segmented on the basis of:
Types
Fixed, Removable
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
Roadways, Highways, Parking Lots, Others
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:
- Trinity Highway Products, LLC
- Gordon's Specialties, Inc
- Ideal Shield
- Zaoqiang Dacheng Rubber
- Precision Highway Contractors, Inc
- Anping Linkland Wiremesh Products Co., Ltd
- U.S. Barricades LLC
- Geobrugg AG
- Gregory Industries
- Fabrimet
- RANHUA
- Australian Construction Products Pty Ltd
Highlights of The Road Guardrail 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:
- Fixed
- Removable
- By Application:
- Roadways
- Highways
- Parking Lots
- Others
- 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 Guardrail 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
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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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?
A road guardrail is a safety feature installed along the side of a road to protect drivers and pedestrians from falling or being struck by vehicles.
Some of the key players operating in the road guardrail market are Trinity Highway Products, LLC, Gordon's Specialties, Inc, Ideal Shield, Zaoqiang Dacheng Rubber, Precision Highway Contractors, Inc, Anping Linkland Wiremesh Products Co., Ltd, U.S. Barricades LLC, Geobrugg AG, Gregory Industries, Fabrimet, RANHUA, Australian Construction Products Pty Ltd.
The road guardrail market is expected to register a CAGR of 7.9%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Road Guardrail 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 Guardrail Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Road Guardrail 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 Guardrail 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 Guardrail Market Size & Forecast, 2020-2028
4.5.1 Road Guardrail Market Size and Y-o-Y Growth
4.5.2 Road Guardrail 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 Fixed
5.2.2 Removable
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 Roadways
6.2.2 Highways
6.2.3 Parking Lots
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Road Guardrail 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 Guardrail 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 Fixed
9.6.2 Removable
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 Roadways
9.10.2 Highways
9.10.3 Parking Lots
9.10.4 Others
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 Fixed
10.6.2 Removable
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 Roadways
10.10.2 Highways
10.10.3 Parking Lots
10.10.4 Others
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 Fixed
11.6.2 Removable
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 Roadways
11.10.2 Highways
11.10.3 Parking Lots
11.10.4 Others
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 Fixed
12.6.2 Removable
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 Roadways
12.10.2 Highways
12.10.3 Parking Lots
12.10.4 Others
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 Fixed
13.6.2 Removable
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 Roadways
13.10.2 Highways
13.10.3 Parking Lots
13.10.4 Others
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 Guardrail Market: Competitive Dashboard
14.2 Global Road Guardrail Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Trinity Highway Products, LLC
14.3.2 Gordon's Specialties, Inc
14.3.3 Ideal Shield
14.3.4 Zaoqiang Dacheng Rubber
14.3.5 Precision Highway Contractors, Inc
14.3.6 Anping Linkland Wiremesh Products Co., Ltd
14.3.7 U.S. Barricades LLC
14.3.8 Geobrugg AG
14.3.9 Gregory Industries
14.3.10 Fabrimet
14.3.11 RANHUA
14.3.12 Australian Construction Products Pty Ltd
