Barrier Systems 2019 Market Highlights by Competitive Scenario with Impact of New Innovations, Drivers and Challenges to 2023
Global Barrier Systems Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Country-level Analysis for Every Segment, Key Player’s Market Share Analysis, Competitive Landscape and Supply Chain Analysis.
Pune , India – March 28, 2019 /MarketersMedia/ —
Barrier Systems Market Research Report 2019 published By Market Research Future, provides information on Global Barrier Systems Industry Size, Share, Trends, Growth and Opportunity Assessment with Regional Analysis and Segmentation By Material (Metal, Plastic, Concrete, and others) By Type (Guardrails, Bollards, Beam barriers, and others), by Function (Active and Passive), by Application (Railways, Roadways, Residential, and others) and Region – Forecast to 2021
Market Synopsis:
According to Market Research Future (MRFR)’s analysis, the global barrier systems market is anticipated to market a steady CAGR over the forecast period 2016 to 2021. The growth of the market is poised to be dictated by the acceleration in revenue creation witnessed in the automotive and construction industries. In addition, the increasing economic activities in the transportation industry is also expected to reflect on the proliferation of the barrier systems market in the forthcoming years.
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The exponential increase in the number of road accidents has raised concerns globally. It has led to rising investments in safety barriers such as crash barriers, moveable highway barriers, etc. On average, according to the World Health Organization, (WHO), 1.25 million people lose their lives in fatal road accidents annually. In order to curb the high death rate in road accidents, governments and other organizations are emphasizing on safety measures. This, in turn, is prognosticated to augment the global barrier systems market in the upcoming years.
The focus on railways and roadways expansion projects coupled with increasing investments signify growth opportunities for the barrier systems market. Furthermore, the innovations and developments being brought by the key players are expected to motivate the expansion of the market over the next couple of years.
Competitive Dashboard:
The major players of the barrier systems market profiled in this MRFR report are-
• Delta Scientific Corporation
• Bekaert SA
• Gibraltar
• Tata Steel Limited
• FutureNet Group Inc.
• Trinity Industries Inc.
• Automatic Systems SA
• Hill & Smith Holdings PLC
• Lindsay Corporation
• Barrier1 Systems Inc.
• Valmont Industries Inc.
• FutureNet Group
• A-Safe Ltd.
• Avon Barrier Corporation Ltd.
Recent Industry News:
In March 2019, Byron Shire, located in the Northern Rivers region of New South Wales, Australia, has presented an assessment which reveals that around 50% of the barrier systems used in the area are in poor condition. It would require an investment of USD 2 Mn for bringing them to proper condition.
In February 2019, SigmaRoc, a building material company that has acquired a license in the U.K. for concrete traffic barrier system made in the U.S., has added a moveable highway barrier to its product line.
In January 2019, the skyway that connects that connects Holland Tunnel to Lower Manhattan – the Pulaski Skyway – has got Valentine F350, a median barrier system, for increasing its lifespan.
In January 2019, the officials in the Ocean city of the U.S. have initiated the next phase of the project named Boardwalk access control where a series of semi-permanent and permanent barrier systems are being explored.
Market Segmentation:
By material, the global barrier systems market has been segmented into metal, plastic, concrete, and others.
By type, the barrier systems market has been segmented into guardrails, bollards, beam barriers, and others.
By function, the global barrier systems market has been segmented into active and passive.
By application, the global barrier systems market has been segmented into railways, roadways, residential, and others.
Regional Analysis:
The global barrier systems market, by region, has been segmented into North America, Europe, Asia Pacific, and the Rest of the World (ROW). Asia Pacific is expected to capitalize on the economic and structural growth. It is poised to retain the pole position over the assessment period. The infrastructural developments in the fast-developing nations such as India, China, etc. is likely to drive the growth of the regional barrier systems market over the next few years. In addition, the market is anticipated to attract massive foreign investments which are poised to expedite its expansion over the review period. North America is also expected to exhibit positive growth through the forecast period.
Scope of Report
The report for Global Barrier Systems Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Study Objectives of Global Barrier Systems Market
• To provide detailed analysis of the market structure along with forecast for the next 10 years of various segments and sub-segments of the global barrier systems market
• To provide insights about factors affecting the market growth
• To analyze the global barrier systems market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, APAC, and Rest of the World (ROW)
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segment by Material, Type, Function, Application and Region.
• To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global barrier systems market
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Contact Info:
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Organization: Market Research Future
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Website: https://www.marketresearchfuture.com/reports/barrier-systems-market-1414
Source: MarketersMedia
Release ID: 496512
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