Metal Barrier System Market Share, Trends & Analysis | 2031
Metal Barrier System Market Share, Trends & Analysis | 2031
Segments - Metal Barrier System Market by Product Type (Crash Barrier Systems, Metal Bollards, Fences, and Crash Barrier Devices), Application (Railways, Airports, Roadways, Residential, and Commercial), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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| Report ID :ICT-SE-5270
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| 195 Pages
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Report Description
Metal Barrier System Market Outlook 2031
The global metal barrier system market size was valued at USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of XX % during 2023–2031. Increasing concerns regarding road safety is anticipated to boost the market.
The metal barrier system is used to define the boundaries of various infrastructures. It is also used to prevent or limit access to an area. It indicates people to drive or go away from prohibited areas to ensure their safety by reducing the risk of accidents. Metal barriers have a wide range of applications such as roads, airports, vehicle parking, chemical & power, health & hygiene, railway stations, and biohazardous places.
Metal barriers are generally made of carbon-steel alloy, stainless steel, brass, and aluminum. In the preparation of metal barriers, the metals are treated at high temperatures followed by forging. After polishing and finishing, the metal is then glued and welded to get the final product. This strengthens the durability, and tensile strength of the product and builds heavy resistance in the barriers. The process of making metal barriers improves the overall appearance of the barriers.
The metal barricades are manufactured in a rectangular shape and have a fixed stand or a stand with wheels. Manufacturers create the sidelocks to these barriers so they can be interlocked. The barriers fixed with wheels are capable of swinging to serve the purpose of a temporary gate after attaching to the other fixed barrier.
Metal barriers have multiple derivatives used for a variety of applications. Metal expandable barriers are used to prohibit people from entering cleaning areas, warehouses, and factories. Median safety barriers are used as a divider of a roadway. Moreover, metal barrier fencing and metal bollards are used for residential safety purposes.
The COVID-19 pandemic slowed down the revenue generation of the market. The production of metal barriers ceased down due to the lack of timely supply of raw materials and labor shortage. Moreover, preventive measures imposed by the government such as emergency lockdowns and travel restrictions disrupted the overall supply chain of the market.
In the latter half of the pandemic, the market increased to a certain limit, as the adoption of barriers was raised. Public places such as shopping malls, movie theatres, departmental stores, railway stations, and airports started using metal barriers to maintain social distancing.
Metal Barrier System Market Dynamics
Major Drivers
Increasing roadways and highway construction across the globe is a major factor driving the market growth. Metal barriers are used on construction sites to protect workers and pedestrians from hazards. Furthermore, growing awareness about the road safety is likely to boost the market.
Existing Restraints
Difficulty in installation and high transportation costs associated with metal barriers are expected to hinder the market. Metal barriers are heavy in weight, which makes it difficult to installed at hard-to-reach locations such as hillsides and river edges. Moreover, it requires lot of muscle to transport them.
Scope of Metal Barrier System Market Report
The market report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Metal Barrier System Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Product Type (Crash Barrier Systems, Metal Bollards, Fences, and Crash Barrier Devices), and Application (Railways, Airports, Roadways, Residential, and Commercial). |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Bekaert; Lindsay Corporation; Tata Steel; Valmont Industries Inc.; Trinity Industries, Inc.; Delta Scientific Corporation; Avon Barrier; and A-Safe |
Metal Barrier System Market Segment Insights
Product Type Segment Analysis
Based on product type, the metal barrier system market is divided into crash barrier systems, metal bollards, fences, and crash barrier devices. The crash barrier systems segment held a major share of the market in 2022 and is projected to register a robust growth rate in the coming years owing to the rising number of highway construction projects across the globe. Crash barrier systems are installed in high traffic flow on highways, which prevent vehicles from entering the next lane.
The crash barrier system is a crucial part of roadway construction. The barriers are installed at the hillsides, riversides, edges of valleys, and blind turns. It is also installed in accident-prone areas and the center partition of highways. In case of accidental collision of a vehicle, the metal crash barriers are capable of absorbing the post-colloidal impact and reducing the risk of damage to the vehicle and the driver. The growing accident rate on highways is further likely to boost the segment.
The metal bollards segment is expected to expand at a significant growth rate during the projection period due to the rising adoption to protect pedestrian walkways and bike trails from vehicular traffic. The bollards are cylindrical and have a flat or domed head. It can be either fixed or removable. The removable bollards are widely used to direct traffic and mark the boundaries on construction sites.
Application Segment Analysis
On the basis of application, the market is segregated into railways, airports, roadways, residential, and commercial. The roadways segment is anticipated to expand at a considerable CAGR during the assessment period, owing to the rising roadside crashes.
Metal barriers ensure safety and security of vehicles on roadways and reduce road accidents. It prevents vehicles from colliding with hazards. The growing requirement to reduce road congestion and the construction of the rising roadway is likely to boost the demand for metal barriers.
The airports segment is projected to grow at a rapid pace during the forecast period, owing to the increasing usage of metal barriers system to enhance airport security. Metal bollards are used to prevent unauthorized access to restricted areas such as runways and airport parking.
Regional Analysis
In terms of region, the global metal barrier system market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to dominate the market in the coming years due to increasing railway, airport, and highway construction projects in developing countries such as India, China, Thailand, and Vietnam.
This in turn increases the demand for crash barriers, safety barriers, and median barriers to enhance the safety standards in the workplace. Furthermore, growing road traffic and accident rate in the region is likely to fuel the market.
Segments
The metal barrier system market has been segmented on the basis of
Product Type
- Crash Barrier Systems
- Metal Bollards
- Fences
- Crash Barrier Devices
Application
- Railways
- Airports
- Roadways
- Residential
- Commercial
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Bekaert
- Lindsay Corporation
- Tata Steel
- Valmont Industries Inc.
- Trinity Industries, Inc.
- Delta Scientific Corporation
- Avon Barrier
- A-Safe
Competitive Landscape
Key players competing in the global metal barrier system market are Bekaert; Lindsay Corporation; Tata Steel; Valmont Industries Inc.; Trinity Industries, Inc.; Delta Scientific Corporation; Avon Barrier; and A-Safe.
The key players in the market are mainly focused on executing multiple business strategies such as product launches, brand acquisitions, and conducting research to technically evolve the existing product features. This helped the companies to outperform in the market and improve their market presence. For instance,
- In January 2023, Lindsay Corporation launched a next-generation zipper barrier transfer machine. The machine is empowered with advanced features and is designed in the interest of the ground workers and motorists to manage the congestion.
- In July 2021, Trinity Highway Products partnered with Highway Care Ltd to sell the MASH-tested highway guard barriers in North America. The partnership allows Trinity Highways to improve its market impression in Mexico and Canada.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Metal Barrier System Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Metal Barrier System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Metal Barrier System Market - Supply Chain
4.5. Global Metal Barrier System Market Forecast
4.5.1. Metal Barrier System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Metal Barrier System Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Metal Barrier System Market Absolute $ Opportunity
5. Global Metal Barrier System Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Metal Barrier System Market Size and Volume Forecast by Applications
5.3.1. Railways
5.3.2. Airports
5.3.3. Roadways
5.3.4. Residential
5.3.5. Commercial
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Metal Barrier System Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Metal Barrier System Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Metal Barrier System Demand Share Forecast, 2019-2026
7. North America Metal Barrier System Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Metal Barrier System Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Metal Barrier System Market Size and Volume Forecast by Applications
7.4.1. Railways
7.4.2. Airports
7.4.3. Roadways
7.4.4. Residential
7.4.5. Commercial
7.5. Basis Point Share (BPS) Analysis by Applications
7.6. Y-o-Y Growth Projections by Applications
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Metal Barrier System Demand Share Forecast, 2019-2026
8. Latin America Metal Barrier System Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Metal Barrier System Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Metal Barrier System Market Size and Volume Forecast by Applications
8.4.1. Railways
8.4.2. Airports
8.4.3. Roadways
8.4.4. Residential
8.4.5. Commercial
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Metal Barrier System Demand Share Forecast, 2019-2026
9. Europe Metal Barrier System Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Metal Barrier System Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Metal Barrier System Market Size and Volume Forecast by Applications
9.4.1. Railways
9.4.2. Airports
9.4.3. Roadways
9.4.4. Residential
9.4.5. Commercial
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Metal Barrier System Demand Share Forecast, 2019-2026
10. Asia Pacific Metal Barrier System Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Metal Barrier System Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Metal Barrier System Market Size and Volume Forecast by Applications
10.4.1. Railways
10.4.2. Airports
10.4.3. Roadways
10.4.4. Residential
10.4.5. Commercial
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Metal Barrier System Demand Share Forecast, 2019-2026
11. Middle East & Africa Metal Barrier System Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Metal Barrier System Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Metal Barrier System Market Size and Volume Forecast by Applications
11.4.1. Railways
11.4.2. Airports
11.4.3. Roadways
11.4.4. Residential
11.4.5. Commercial
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Metal Barrier System Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Metal Barrier System Market: Market Share Analysis
12.2. Metal Barrier System Distributors and Customers
12.3. Metal Barrier System Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Bekaert
12.4.2. Lindsay Corporation
12.4.3. Tata Steel
12.4.4. Valmont Industries Inc.
12.4.5. Trinity Industries, Inc.
12.4.6. Delta Scientific Corporation
12.4.7. Avon Barrier
12.4.8. A-Safe
Methodology
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