DUBLIN, Oct. 08 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/5x847x/crash_barrier) has announced the addition of the "Crash Barrier Systems Market by Type, Technology, 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" report to their offering.
The global crash barrier systems market is projected to be around USD 9.3 Billion by 2020 growing at a CAGR of 3.12% from 2015 to 2020.
The growth in the construction and automotive industries throughout the world has played a huge part in providing the necessary momentum to the global crash barriers industry, after the economic slowdown between 2007 and 2009. Also, highway authorities have made it mandatory to install crash barrier systems along highways. The recovery of global economy would also boost the demand for the crash barrier systems market in the near future.
The crash barrier systems market is dominated by large firms such as Tata Steel Limited (India), NV Bekaert SA (Belgium), Trinity Industries, Inc. (U.S.), Nucor Corporation (U.S.), Valmont Industries, Inc. (U.S.), Lindsay Corporation (U.S.), Hill & Smith Holdings PLC (U.K.), Transpo Industries, Inc. (U.S.), Arbus Limited (U.K.), Avon Barrier Corporation Ltd. (U.K.). They provide advanced crash barrier systems, and by gaining considerable expertise and experience over the years, have optimized their processes and practises to become even more efficient.
The Asia-Pacific region is projected to be the fastest growing from 2015 to 2020 for the crash barrier systems market. The key players of crash barrier systems market prefer strategies such as mergers & acquisitions and expansions, to garner a larger share in the market. The leading crash barrier systems providers are focusing on emerging countries that are estimated to show potential for industrial development in the near future.
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.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
8 Crash Barrier Systems Market, By Technology
9 Crash Barrier Systems Market, By Application
10 Crash Barrier Systems Market, By Device
11 Crash Barrier Systems Market, By Region
12 Competitive Landscape
13 Company Profiles
- Arbus Limited
- Avon Barrier Corporation Ltd.
- Hill & Smith Holdings Plc
- Lindsay Corporation
- NV Bekaert SA
- Nucor Corporation
- Steel Limited
- Transpo Industries, Inc.
- Trinity Industries, Inc.
- Valmont Industries, Inc.
For more information visit http://www.researchandmarkets.com/research/5x847x/crash_barrier
Media Contact: Laura Wood , +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets