Crash Barrier Systems Market Size, By Application, Forecasts to 2020

Crash Barrier Systems Market worth 9,376.54 Million USD by 2020 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", 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 231 market data tables and 50 figures spread through 245 pages and in -depth TOC on “Crash Barrier Systems Market “ Early buyers will receive 10% customization on reports.

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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The crash barrier systems market is a niche market and changing technologies have helped players come up with innovative products with increased safety features. Major companies rely on regional and local distributors to increase their share as well as their geographical presence in the market. Companies are adopting inorganic growth strategies such as acquisitions to cope with the increasing demand for crash barriers in key emerging markets. These strategies have aided companies to create a larger customer and partner base in key markets. The application requirements for crash barriers are continuously changing, making it essential for manufacturers to continually invest in research and development activities and come up with innovative solutions.

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