The According to a market research report, the “Barrier Systems Market by Material (Concrete, Wood, Metal, Plastics), Application (Roadways, Railways, Commercial, Residential), Type (Bollards, Fences, Crash Barriers Systems, Crash Barrier Devices, Drop Arms), Function, & Region – Global Forecast to 2028″, size is estimated to be USD 21.1 billion in 2023, and it is projected to reach USD 25.5 billion by 2028 at a CAGR of 3.8%. Barrier systems refer to a range of physical safety and security products and solutions designed to control access, manage traffic flow, and enhance safety in various settings. These systems are used to create a barrier or separation between different areas, prevent unauthorized entry, and protect people and property from potential hazards.
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- 174 Market data Tables
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- 179 Pages and in-depth TOC on “Barrier Systems Market – Global Forecast to 2028”
This report also provides a comprehensive analysis of the companies listed below:
The barrier systems chemicals market comprises major players such Tata Steel Limited (India), Bekaert (Belgium), Valtir, LLC. (U.S.), Lindsay Corporation (U.S.), Valmont Industries Inc. (U.S.), Hill & Smith Plc (US), Nucor Steel Marion, Inc. (US), Ameristar Perimeter Security (US), A-Safe (UK), Delta Scientific Corporation (US). Expansions, acquisitions, joint ventures, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the barrier systems market.
Recent Developments in Barrier Systems Market Industry
- In March 2023, Bekaert has partnered with Chapter Zero Brussels to share knowledge and awareness in the fight against climate change.
- In October 2022, Bekaert has decided to consolidate the European ropes manufacturing platform in the UK, by improving the existing lower-margin market segment.
- In July 2022, Tata Steel Limited has partnered with WMG, University of Warwick, to focus on developing new environmentally friendly steel grades which can be used for several applications.
- In June 2022, Tata Steel Limited has invested more than USD 7.37 million in North-East Mill to cut CO2 emissions and reduce the total costs of steel-making products.
- In February 2022, Bekaert has announced the acquisition of VisionTek Engineering Srl as an important strategic step in extending the service offering to customers.
- In June 2021, Valtir, LLC has signed an exclusive agreement with Highway Care Ltd. to manufacture, rent, and sell the MASH-tested HighwayGuard
Barrier in North America. - In September 2020, Bekaert and Almasa SA have reached an agreement on the merger of Proalco SAS (subsidiary of Bekaert) with the steel wire activities of Almasa SA, both located in Colombia.
- In March 2020, Valtir, LLC has launched two truck/trailer-mounted attenuators (TMAs) that can be attached to the rear of a stationary or moving shadow support vehicle.
- In February 2020, Bekaert has partnered with AGRO International to develop and produce high-end steel wire innerspring systems.
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The market of barrier systems has been segmented based on the material, i.e. concrete, wood, metal, and plastics. Concrete is known for its excellent strength and durability, which are essential qualities for barrier systems. Concrete is highly resistant to impact, making it suitable for barriers that need to withstand collisions, such as crash barriers on highways or protective barriers in industrial settings. Wood is occasionally used in barrier systems for specific applications where its unique properties are advantageous. While wood may not be as commonly employed as materials like concrete or steel in barrier systems, it can still serve some purposes effectively. Metal is widely used in barrier systems for a variety of applications due to its exceptional strength, durability, and versatility. Metal barriers can absorb and dissipate energy during collisions, which helps protect people, vehicles, and structures from severe damage. Metals like aluminum and stainless steel have natural corrosion-resistant properties, making them suitable for barrier systems used in coastal or corrosive environments. Plastic material is also used in making barrier systems due to its advantageous properties such as lightweight, corrosion resistance, weather resistance, easy maintenance, recyclability, electrical insulation, and chemical resistance. Plastic barriers are commonly used in various settings, such as traffic control, construction sites, road works, event management, and water diversion applications.
The barrier systems market is segmented on the basis of applications. Barrier systems can be used in different applications such as roadways, railways, residential, commercial, and others. In roadways application, several types of barrier systems are used including Guardrails, Concrete barriers, Crash cushions, median cable barriers, water-filled barriers, bollards, pedestrian fencing, impact attenuators, etc. In railways, barriers are used to protect trains, passengers, railway personnel, and nearby communities from accidents and potential hazards. Several types of barrier systems are used in railways, including level crossings (grade crossings) barriers, buffer stops, platform screen doors, fencing and walls, crash barriers, tunnel linings, cable barriers, snow fences, trackside signaling, lighting, etc. In the residential sector, these barrier systems are used to provide safety, security, and privacy for homeowners and residents. They serve various purposes, including delineating property boundaries, deterring unauthorized access, enhancing privacy, and creating a safe environment for residents and visitors. Barrier systems in the commercial sector are utilized for a variety of purposes, including safety, security, traffic management, and property protection. These systems are often implemented to ensure the smooth operation of businesses, safeguard employees and customers, and control access to specific areas.
On the basis of type, barrier systems are segmented into six categories i.e., crash barrier systems, crash barrier devices, bollards, fences, drop arms, and others. Crash barrier systems, also known as traffic barriers or guardrails, are used to prevent or mitigate vehicle collisions, minimize the severity of accidents, and protect motorists and pedestrians. These barrier systems are strategically installed along roadways, highways, and other transportation corridors to enhance road safety. Crash barrier devices are essential components of barrier systems used to enhance road safety and protect motorists and pedestrians from collisions. These devices are designed to absorb and redirect the energy of an impact during a crash, reducing the severity of the collision and minimizing potential injuries. Bollards are typically short, sturdy vertical posts made of materials like steel, concrete, or plastic. They come in different shapes, sizes, and designs to suit specific requirements. Fences are a crucial component of barrier systems used for various purposes, such as defining property boundaries, enhancing security, providing privacy, and controlling access. Fences come in different materials, styles, and heights, each serving specific needs. Drop arms are typically mounted on vertical posts or bollards and can be raised or lowered to allow or prevent vehicle passage. Drop arms are commonly used in parking lots, private driveways, and access control points.
On the basis of function, the barrier systems are categorized into two segments i.e., active & passive. Active barriers are a type of barrier system designed to actively respond to changing conditions and potential threats. Some examples of active barriers include Automatic rising bollards, Vehicle barrier gates, Sliding gates, Automatic Retractable Road Blockers, Anti-ram vehicle barriers, and many more. Passive barriers are fixed or static elements used in barrier systems to provide physical separation, control access, and enhance safety without active or dynamic response capabilities. There are some examples of passive barriers such as Concrete barriers, Guardrails, Bollards, Fences, etc.
The barrier systems market is studied in four regions, namely, Asia Pacific, Europe, North America, and Rest of World. Asia Pacific is the fastest-growing market of barrier systems globally. This is attributed to the rise in urbanization, and industrialization, which led to the growth in the construction industry, automotive, and tourism industries. However, apart from this, governments of several countries investing in infrastructure development to support economic growth, also help in driving the market of barrier systems in the forecast period.
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