The report “Crash Barrier Systems Market by Type (Portable & Fixed), Technology (Rigid, Semi-Rigid & Flexible), Device (Crash Cushions, End Treatments, Water- & Sand- Filled Plastic Barrels, and GEAT), Application (Roadside, Median, Work-zone, and Bridge) & Region – Global Trends & Forecasts to 2020”, published by MarketsandMarkets, The global Crash Barrier Systems Market is projected to be around USD 9,376.54 Million by 2020 growing at a CAGR of 3.12% from 2015 to 2020.
Browse 251 market data Tables and 52 Figures spread through 276 Pages and in-depth TOC on “Crash Barrier Systems Market”
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Crash Barrier Systems Market by Type (Moveable/Portable & Immovable/Fixed), Technology (Rigid, Semi-Rigid & Flexible), Device (Crash Cushions, Gating & non-Gating End Treatment, Water & Sand-filled Plastic Barriers, Guardrail Energy Absorbent Terminal), Application (Roadside, Median, Work-Zone, Bridge & Others) & Region – Global Trends & Forecast to 2020. It also identifies the driving and restraining factors for this market with the analysis of current and future trends and opportunities.
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The Crash Barrier Systems Market is projected to grow at a CAGR of 3.12% from 2015 to 2020. The huge demand for crash barrier systems from emerging economies due to infrastructural development and increased spending on roadways is expected to accelerate the growth of the Crash Barrier Systems Market. The major restraining factor for the Crash Barrier Systems Market is the economic downturn faced by major regions such as Europe. The primary challenge faced by this market is the interference of highway agencies.
Leading players in the industrial market include Tata Steel Limited (India), NV Bekaert SA (Belgium), Trinity Industries, Inc. (U.S.), Nucor Corporation (U.S.), Valmont Industries, Inc. (U.S.).
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