Crash Barrier Systems Market to Reach $11.7 Billion, Globally, by 2030 at 4.2% CAGR
Crash Barrier Systems Market to Reach $11.7 Billion, Globally, by 2030 at 4.2% CAGR
Prime determinants of growth
Expansion of infrastructure, increase in road safety awareness, and growth in the automotive industry drive the growth of the global crash barrier systems market. However, high severity of crash in barrier collision and volatility in raw material & energy prices hinder the market growth to some extent. On the other hand, increase in financing for infrastructure projects is presenting new opportunities in the coming years.
Download Sample PDF: https://www.alliedmarketresearch.com/request-sample/6575
Covid-19 Scenario
The outbreak of the Covid-19 pandemic witnessed a negative impact on the crash barrier systems market, owing to temporary closure of production facilities of many items in the crash barrier system business.
Nevertheless, crash barrier system companies are reinitiating their investments at their full-scale capacities, which is anticipated to aid the crash barrier systems market to recover by the start of 2022.
The fixed segment to maintain its leadership status throughout the forecast period
Based on type, the fixed segment held the highest market share in 2020, accounting for more than two-thirds of the global crash barrier systems market, and is estimated to maintain its leadership status throughout the forecast period. Moreover, the same segment is projected to manifest the highest CAGR of 4.4% from 2021 to 2030. This is due to the rapid increase in vehicle density and road accidents. Other segment analyzed in the report is portable.
Get detailed COVID-19 impact analysis on the bathroom taps market: https://www.alliedmarketresearch.com/request-for-customization/6575
The roadside segment to maintain its lead position during the forecast period
Based on application, the roadside segment accounted for the largest share in 2020, contributing to around half of the global crash barrier systems market, and is projected to maintain its lead position during the forecast period. An increase in the global population along with the booming automotive industry and road constructions are expected to witness an accelerating growth in the future; thereby, providing lucrative growth opportunities for the crash barrier market. However, the median segment is expected to portray the largest CAGR of 4.6% from 2021 to 2030. This is attributed to increase in vehicle density in urban areas and ever-increasing traffic congestions.
Asia-Pacific, followed by Europe & North America, to maintain its dominance by 2030
Based on region, Asia-Pacific, followed by Europe & North America, held the highest market share in terms of revenue in 2020, accounting for around two-fifths of the global crash barrier systems market. Moreover, the same region is expected to witness the fastest CAGR of 5.0% from 2021 to 2030. This is attributed to increased road and highway infrastructure development projects. Other regions discussed in the report include North America, Europe, and LAMEA.
Leading Market Players:-
Arbus Limited
Avon Barrier Corporation Ltd
Barrier1 Systems, LLC
Hill Smith Holdings PLC
Lindsay Corporation
Nucor Corporation
N.V. Bekaert SA
Transpo Industries, Inc.
Trinity Industries, Inc.
Valmont Industries, Inc.
Interested in Procure Data? Visit: https://www.alliedmarketresearch.com/purchase-enquiry/6575
Similar Reports We Have:
Barrier Systems Market - Global barrier systems market is projected to reach $25,411.8 million, registering a CAGR of 3.7% from 2020 to 2027.
Rigid Plastic Packaging Market - Global rigid plastic packaging market is projected to reach $270,595.1 million, growing at a CAGR of 4.9% from 2021 to 2028.
Plastic Extrusion Machine Market - Global plastic extrusion machines market is projected to reach $7,930.4 million by 2027, registering a CAGR of 4.5% from 2020 to 2027.
Bridge Construction Market – Global bridge construction market is projected to reach $1,416.9 billion by 2030, registering a CAGR of 5.0% from 2021 to 2030.
Construction Equipment Market - Global construction equipment market is expected to reach $261,047 million in 2027, growing at a CAGR of 4.3% from 2020 to 2027.
Pre-Book Now with 10% Discount:
Auger Drilling Market - Global Opportunity Analysis and Industry Forecast, 2020–2027
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact us:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada): +1-800-792-5285,
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Construction and Manufacturing Blog
David Correa
Allied Market Research
+ + 1 800-792-5285
email us here
Visit us on social media:
LinkedIn
Facebook
YouTube
X
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Search.co Launches Next-Generation AI Platform for Data Extraction, Ingestion, and Intelligent Action
Kenneth W. Welch Jr. Launches Platform to Liberate Artists From Algorithm Bias
Coworks CEO says employers should consider coworking spaces
Więcej ważnych informacji
Jedynka Newserii

Jedynka Newserii

Polityka

Polska może się stać Doliną Krzemową Europy. Potrzeba jednak wsparcia finansowego start-upów i mocniejszej deregulacji
Polskie start-upy skoncentrowane są głównie na rozwoju nowoczesnych technologii informatycznych i cyfrowych. Wyraźny nacisk na oprogramowanie i aplikacje oraz big data i data science wskazuje na silne zainteresowanie narzędziami analitycznymi i rozwiązaniami wspierającymi transformację cyfrową w różnych branżach – wynika z raportu „Rynek start-upów w Polsce. Trendy technologiczne”, który został opracowany w 2024 roku w MRiT. Zdaniem europarlamentarzystów Polska ma szansę się stać Doliną Krzemową, jednak rozwój start-upów blokowany jest m.in. przez ograniczony dostęp do finansowania oraz niekorzystne i nadmierne regulacje.
Transport
Na półmetku wakacji ceny paliw na stacjach nie powinny się wyraźnie zmienić. Znaczące różnice między regionami i stacjami

W sierpniu ceny benzyny, oleju napędowego i autogazu powinny pozostać na poziomach z lipca – uważa ekspertka rynku z firmy Reflex. Wyższe będą zawsze na stacjach premium, tych, które oferują bogatszą ofertę dodatkową, promocje dla uczestników programu lojalnościowego, oraz w regionach, w których tradycyjnie paliwa są droższe ze względu np. na wyższą siłę nabywczą mieszkańców. Różnice mogą sięgać kilkudziesięciu groszy na litrze. Obszary, wokół których te wartości oscylują, zależą z kolei od sytuacji globalnej. Warto patrzeć na sytuację na Bliskim Wschodzie i w Ukrainie.
Polityka
A. Mularczyk (PiS): Nawiązanie poważnego dialogu z Niemcami jest konieczne nie tylko w kontekście reparacji. Powinien być podpisany traktat polsko-niemiecki

– Nie wystarczy jednorazowy gest czy inicjatywa. To musi być podjęcie dialogu, być może też przygotowanie nowej umowy bilateralnej, nowego traktatu polsko-niemieckiego, który regulowałby wszystkie obszary, które wynikały ze skutków II wojny światowej – mówi Arkadiusz Mularczyk, poseł do Parlamentu Europejskiego z PiS-u. Podkreśla, że proces ten nie będzie łatwy, bo wymaga konsekwencji i stanowczości, ale widzi szansę w prezydenturze Karola Nawrockiego, który już zadeklarował kontynuację starań w tym zakresie. Zdaniem europosła wsparciem w polsko-niemieckim dialogu może być administracja Donalda Trumpa.
Partner serwisu
Szkolenia

Akademia Newserii
Akademia Newserii to projekt, w ramach którego najlepsi polscy dziennikarze biznesowi, giełdowi oraz lifestylowi, a także szkoleniowcy z wieloletnim doświadczeniem dzielą się swoją wiedzą nt. pracy z mediami.