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.
major players
• 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.
Market Segmentation
By analysis of Market Research Future’s reports on global barrier systems market, has come up with market segmentation, which is done on the basis of material, type, function, application and region.
On the basis of material, the market has been segmented as metal, plastic, concrete, and others.
On the basis of type, the market has been segmented as guardrails, bollards, beam barriers, and others.
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.
