Global Barrier Systems Market Size, Trends and Growth Opportunity, By Type (Bollards, Fences, Crash Barrier Systems, Crash Barrier Devices, Drop Arms, Others), Material (Metal, Plastic, Concrete, Wood, Others), Function (Passive Barriers, Active Barriers), Access Control Device (Token and Reader Technology, Bio-Metric Systems, Perimeter Security Systems and Alarms, Turnstile, Others), Technology (Rigid, Semi-Rigid, Flexible), Application (Roadways, Railways, Commercial, Residential, Others) By Region and forecast till 2027.
Report ID : IR100935 | Industries : Energy & Power | Published On :May 2024 | Page Count : 240
Global Barrier Systems Market Size, Trends and Growth Opportunity, By Type (Bollards, Fences, Crash Barrier Systems, Crash Barrier Devices, Drop Arms, Others), Material (Metal, Plastic, Concrete, Wood, Others), Function (Passive Barriers, Active Barriers), Access Control Device (Token and Reader Technology, Bio-Metric Systems, Perimeter Security Systems and Alarms, Turnstile, Others), Technology (Rigid, Semi-Rigid, Flexible), Application (Roadways, Railways, Commercial, Residential, Others) By Region and forecast till 2027.
Global Barrier Systems Market
Global Barrier Systems Market was valued at USD 18.90 billion in 2021 and is slated to reach at USD 32.52 billion by 2027 at a CAGR of 8.70% from 2022-2027.
Barrier systems are techniques for improving traffic safety that increase the safety of drivers and highway employees. They guarantee pedestrian safety as well as aid in preventing car accidents and collisions. They also support safe, efficient traffic movement and infrastructure protection. They consist of gate systems, truck- and trailer-mounted attenuators, crash cushions, and end treatments. Over the world, barrier systems are widely employed in both residential and commercial infrastructure.
Market Drivers
Due to the growing adoption of these systems along highways to lessen the impact of moving vehicles at high speed and minimize injuries and fatalities, the market is anticipated to develop at a faster rate than average during the projected period. In addition, compared to other barrier systems, crash barrier systems require less maintenance. The excellent durability of crash barrier systems is another reason why contractors favor them. All of these reasons will increase demand for crash barrier systems, which will accelerate market expansion. The development of the worldwide transportation infrastructure is anticipated to drive the market for barrier systems. Barrier systems are permanently installed on roads, trains, and airports to properly direct traffic and pedestrians. The demand for barrier systems in the foreseeable period is also likely to increase due to the growing need for an efficient traffic management system.
Market Restraints
The demand for barrier systems will be hampered, and the entry of highway agencies and barrier collisions will be a significant hurdle to the market's expansion during the projection period. One of the key factors limiting the growth of the worldwide barrier systems market throughout the projection period is the volatility of the prices of raw materials used in the production of barrier systems, such as aluminium.
Recent Development
Avon Barrier was purchased by a Perimeter protection group in 2021 for an unknown sum. This group is a leading provider of barrier solutions for access control and perimeter security of pedestrians and vehicles. The perimeter protection group hopes to expand its global market with this acquisition. Avon Barrier, a manufacturer of a variety of physical security systems that defend public spaces and vital infrastructure from dangers brought by moving vehicles, was founded.
The water-filled and non-redirected ABSORB-M crash barrier system was introduced by Lindsay Corporation in 2020. Its cutting-edge barrier is ideally suited for constrained spaces with narrow roads and limited workspace. Such fresh developments are also having a beneficial effect on market expansion.
COVID-19 Impact
The COVID-19 pandemic has been unprecedented, spanning the world. The supply chain disruption and production delays of barriers have had a significant negative impact on the global market for barrier systems over the period. On the other hand, key participants in the global barrier systems market, such as Barrier1 Systems, LLC (Barrier1), a major supplier of cutting-edge, reliable physical barriers, are developing cutting-edge products with distinctive characteristics. For instance, in March 2021, Barrier1 Systems announced a collaboration with Cepton Technologies, Inc., a major worldwide lidar manufacturer, to combine their barrier control systems with Cepton's HeliusTM Smart Lidar System to provide cutting-edge safety solutions. Further lucrative chances in the worldwide market could result from such value integration in the items.
Market Segmentation
Global Barrier Systems Market is segmented into By Type, Material, Function, Access Control Device, Technology, Application. By Type such as Bollards, Fences, Crash Barrier Systems, Crash Barrier Devices, Drop Arms, Others. By Material such as Metal, Plastic, Concrete, Wood, Others. By Function such as Passive Barriers, Active Barriers. By Access Control Device such as Token and Reader Technology, Bio-Metric Systems, Perimeter Security Systems and Alarms, Turnstile, Others. By Technology such as Rigid, Semi-Rigid, Flexible. By Application such as Roadways, Railways, Commercial, Residential, Others.
Regional Analysis
Global Barrier Systems Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. Due to the growing need in the military and defence sectors to increase public safety, North America dominates the barrier systems market. Also, the consumer preference for strong and long-lasting products, like fences, is anticipated to fuel market expansion in this area. Due to its ongoing infrastructure development, the Asia-Pacific region will continue to have the greatest projected compound annual growth rate for the forecast period of 2023–2030. The demand for products in this region is also anticipated to increase as a result of the expanding construction industry in countries like China and India.
Key Players
This report includes a list of numerous Key Players, namely Concentric Security (U.S.), Senstar Corporation (Canada), Betafence (Belgium), Global GRAB Technologies, Inc. (U.S.), Arbus (U.K.), Tata Steel (India), Bekaert (Belgium), Trinity Industries Inc. (U.S.), Hill & Smith PLC (U.K.), Automatic systems (Belgium).
Market Taxonomy
By Type
• Bollards
• Fences
• Crash Barrier Systems
• Crash Barrier Devices
• Drop Arms
• Others
• Wedge Barriers
• Gates
• Net Barriers
• Guardrails and Beams
By Material
• Metal
• Plastic
• Concrete
• Wood
• Others
By Function
• Passive Barriers
• Active Barriers
• Access Control Device
• Token and Reader Technology
• Bio-Metric Systems
• Perimeter Security Systems and Alarms
• Turnstile
• Others
• Anti-Pass Back
• Anti-Systems
By Technology
• Rigid
• Semi-Rigid
• Flexible
By Application
• Roadways
• Railways
• Commercial
• Residential
• Others
• Airports
• Military Areas
• Waterways
• Racing Tracks
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Global Barrier Systems Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Barrier Systems Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Barrier Systems Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Barrier Systems Market Share Analysis, By Type
5.3 Global Barrier Systems Market Size and Forecast, By Type
5.3.1 Bollards
5.3.2 Fences
5.3.3 Crash Barrier Systems
5.3.4 Crash Barrier Devices
5.3.5 Drop Arms
5.3.6 Others
5.3.7 Wedge Barriers
5.3.8 Gates
5.3.9 Net Barriers
5.3.10 Guardrails and Beams
6 Global Barrier Systems Market, By Material
6.1 Y-o-Y Growth Comparison, By Material
6.2 Global Barrier Systems Market Share Analysis, By Material
6.3 Global Barrier Systems Market Share Analysis, By Material
6.3.1 Metal
6.3.2 Plastic
6.3.3 Concrete
6.3.4 Wood
6.3.5 Others
7.Global Barrier Systems Market, By Function
7.1 Y-o-Y Growth Comparison, By Function
7.2 Global Barrier Systems Market Share Analysis, By Function
7.3 Global Barrier Systems Market Share Analysis, By Function
7.3.1 Passive Barriers
7.3.2 Active Barriers
7.3.3 Access Control Device
7.3.4 Token and Reader Technology
7.3.5 Bio-Metric Systems
7.3.6 Perimeter Security Systems and Alarms
7.3.7 Turnstile
7.3.8 Others
7.3.9 Anti-Pass Back
7.3.10 Anti-Systems
8.Global Barrier Systems Market , By Technology
8.1 Y-o-Y Growth Comparison, By Technology
8.2 Global Barrier Systems Market Share Analysis, By Technology
8.3 Global Barrier Systems Market Share Analysis, By Technology
8.3.1 Rigid
8.3.2 Semi-Rigid
8.3.3 Flexible
9.Global Barrier Systems Market , By Applications
9.1 Y-o-Y Growth Comparison, By Applications
9.2 Global Barrier Systems Market Share Analysis, By Applications
9.3 Global Barrier Systems Market Share Analysis, By Applications
9.3.1 Roadways
9.3.2 Railways
9.3.3 Commercial
9.3.4 Residential
9.3.5 Others
9.3.6 Airports
9.3.7 Military Areas
9.3.8 Waterways
9.3.9 Racing Tracks
10 Global Barrier Systems Market, By Region
10.1 Global Barrier Systems Market Share Analysis, By Region
10.2 Global Barrier Systems Market Share Analysis, By Region
11 North America Barrier Systems Market and Forecast (2022-2027)
11.1 Introduction
11.2 North America Barrier Systems Market Share Analysis, By Type
11.3 North America Mushroom Cultivation Size and Forecast, By Material
11.4 North America Mushroom Cultivation Market, By Function
11.5 North America Barrier Systems Market Size and Forecast, By Technology
11.6 North America Barrier Systems Market Share Analysis, By Applications
11.7 North America Barrier Systems Market Size and Forecast, By Country
11.7.1 U.S
11.7.2 Canada
11.7.3 Mexico
12 Europe Barrier Systems Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Europe Barrier Systems Market Share Analysis, By Type
12.3 Europe Barrier Systems Market Size and Forecast, By Material
12.4 Europe Mushroom Cultivation Market, By Function
12.5 Europe Barrier Systems Market Size and Forecast, By Technology
12.6 Europe Barrier Systems Market Share Analysis, By Applications
10.7 Europe Barrier Systems Market Size and Forecast, By Country
12.7.1 Germany
12.7.2 France
12.7.3 UK
12.7.4 Rest of Europe
13 Asia Pacific Barrier Systems Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Asia-Pacific Barrier Systems Market Size and Forecast, By Type
13.3 Asia-Pacific Barrier Systems Market Size and Forecast, By Material
13.4 Asia-Pacific Barrier Systems Market, By Function
13.5 Asia-Pacific Barrier Systems Market Size and Forecast, By Technology
13.6 Asia-Pacific Barrier Systems Market Share Analysis, By Applications
11.7 Asia-Pacific Barrier Systems Market Size and Forecast, By Country
11.7.1 China
11.7.2 Japan
11.7.3 India
11.5.4. Rest of Asia Pacific
14 Latin America Barrier Systems Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Latin America Barrier Systems Market Size and Forecast, By Type
14.3 Latin America Barrier Systems Market Size and Forecast, By Material
14.4 Latin America Barrier Systems Market, By Function
14.5 Latin America Barrier Systems Market Size and Forecast, By Technology
14.6 Latin America Barrier Systems Market Share Analysis, By Applications
14.7 Latin America Barrier Systems Market Size and Forecast, By Country
14.7.1 Brazil
14.7.2.Rest of Latin America
15 Middle East Barrier Systems Market Analysis and Forecast (2022-2027)
15.1 Introduction
15.2 Middle East Barrier Systems Market Share Analysis, By Type
15.3 Middle East Barrier Systems Market Size and Forecast, By Material
15.4 Middle East Barrier Systems Market, By Function
15.5 Middle East Barrier Systems Market Size and Forecast, By Technology
15.6 Middle East Barrier Systems Market Share Analysis, By Applications
15.7 Middle East Barrier Systems Market Size and Forecast, By Country
15.7.1. Saudi Arabia
15.7.2. UAE
15.7.2. Egypt
15.7.4. Kuwait
15.7.5. South Africa
16 Competitive Analysis
16.1 Competition Dashboard
16.2 Market share Analysis of Top Vendors
16.3 Key Development Strategies
17 Company Profiles
17.1. Concentric Security (U.S.)
17.1.1 Overview
17.1.2 Offerings
17.1.3 Key Financials
17.1.4 Business Segment & Geographic Overview
17.1.5 Key Market Developments
17.1.6 Key Strategies
17.2. Senstar Corporation (Canada)
17.2.1 Overview
17.2.2 Offerings
17.2.3 Key Financials
17.2.4 Business Segment & Geographic Overview
17.2.5 Key Market Developments
17.2.6 Key Strategies
17.3. Betafence (Belgium)
17.3.1 Overview
17.3.2 Offerings
17.3.3 Key Financials
17.3.4 Business Segment & Geographic Overview
17.3.5 Key Market Developments
17.3.6 Key Strategies
17.4. Global GRAB Technologies, Inc. (U.S.)
17.4.1 Overview
17.4.2 Offerings
17.4.3 Key Financials
17.4.4 Business Segment & Geographic Overview
17.4.5 Key Market Developments
17.4.6 Key Strategies
17.5. Arbus (U.K.)
17.5.1 Overview
17.5.2 Offerings
17.5.3 Key Financials
17.5.4 Business Segment & Geographic Overview
17.5.5 Key Market Developments
17.5.6 Key Strategies
17.6. Tata Steel (India)
17.6.1 Overview
17.6.2 Offerings
17.6.3 Key Financials
17.6.4 Business Segment & Geographic Overview
17.6.5 Key Market Developments
17.6.6 Key Strategies
17.7. Bekaert (Belgium)
17.7.1 Overview
17.7.2 Offerings
17.7.3 Key Financials
17.7.4 Business Segment & Geographic Overview
17.7.5 Key Market Developments
17.7.6 Key Strategies
17.8. Trinity Industries Inc. (U.S.)
17.8.1 Overview
17.8.2 Offerings
17.8.3 Key Financials
17.8.4 Business Segment & Geographic Overview
17.8.5 Key Market Developments
17.8.6 Key Strategies
17.9. Hill & Smith PLC (U.K.)
17.9.1 Overview
17.9.2 Offerings
17.9.3 Key Financials
17.9.4 Business Segment & Geographic Overview
17.9.5 Key Market Developments
17.9.6 Key Strategies
17.10. Automatic systems (Belgium).
17.10.1 Overview
17.10.2 Offerings
17.10.3 Key Financials
17.10.4 Business Segment & Geographic Overview
17.10.5 Key Market Developments
17.10.6 Key Strategies