Automotive Crash Barriers Market: Global Industry Analysis and Opportunity Assessment 2017-2027


Future Market Insights

$ 5000

Automotive crash barriers, also referred to as Armco barriers or guardrails, are used to keep vehicles on track and prevent them from colliding with obstacles such as boulder stones, trees, sign supports, walls, buildings and bridge abutments. More recently, local authorities across countries have begun to study technologies to improve the flow of traffic. These technologies include automotive crash barriers which help to prevent vehicles from roadside hazards. Automotive crash barriers are so designed that they absorb the energy from the collision. Automotive crash barriers are also used to prevent vehicles from travelling steep slopes or entering into deep water. Various types of automotive crash barriers are available, the use of which depend upon the function they serve. Some of the automotive crash barriers are installed in between divided highways to prevent the movement of vehicles from one carriageway of traffic to the other and avoid head on collision. Some of these crash barriers are so designed that they can prevent damages when struck from either side -- they are referred to as median barriers. Some other applications of automotive crash barriers include areas like school yards, pedestrian zones, etc.

As the roads are primary mode of transportation in the world, strict and precise road safety regulations are important for any country. Safety of pedestrians and drivers are the major factors that impact the growth of automotive crash barriers market worldwide. Also, road transportation should be the most efficient way of transportation and all safety measures must be taken care of. These factors will be responsible for fueling the growth of global automotive crash barriers market.

Market Trends, Drivers, Restraints

Due to increasing opportunities in emerging economies of the world, the global automotive crash barrier market is expected to grow at a substantial rate. As various developing economies are undergoing major infrastructural projects such as construction of airports, roads, etc., it is expected that the growth in infrastructure will fuel the growth of the global automotive crash barriers market. The high growth being experienced by the global automotive industry will also be one of the key driving factors for the automotive crash barriers market.

Various road safety programs and increasing awareness among consumers regarding road safety measures will have a positive impact on road safety products such as crash barriers, road lights and signs and symbols. Since road accidents are on a rise across the world, majorly in developing and under developed countries, safety rules and regulations are being given more importance now. This will be a key growth factor for players in the automotive crash barriers market. As there is immense competition in the automotive crash barriers market, it has become vital for companies to invest in research and development to develop new cost effective products with new specifications and technology.

With rising number of players, the global automotive crash barrier market is expected to see tough competition in coming years. In addition, the focus of key players has shifted towards providing additional rigidity to the automotive crash barriers so as to maximize safety. This is likely to drive the demand for global automotive crash barriers further.

Mergers and acquisition is one of the key strategies adopted by leading companies in the automotive crash barriers market to increase their market share. As this is a niche market, various other strategies are being adopted by various companies such as strategic expansion of the product offering, new technologies to manufacture crash barriers, etc. This is expected to fuel the growth of the global automotive crash barriers market. The rising demand for flexible automotive crash barriers is also likely to fuel growth into the market.

Though automotive crash barriers are generally used to minimize injury to passengers, injuries do also happen when vehicles collide with crash barriers. The high cost damages that happen due to the collision of vehicles with crash barriers is likely to restrict the growth of the automotive crash barriers market. Also, the high cost of raw materials and interference from highway authorities are some of the other factors that can hamper the growth of the global automotive crash barriers market in future.

Market Segmentation

The global automotive crash barriers market can be segmented by barrier type, barrier function, barrier technology and device.

On the basis of barrier type, the global automotive crash barriers market is segmented into:

  • Moveable/ portable barrier system
  • Immovable/ Fixed barrier system

On the basis of Barrier function, the global automotive crash barriers market is segmented into:

  • Roadside Barriers
  • Median Barriers
  • Bridge Barriers
  • Work Zone Barriers
  • Others (Hilly terrains, Racing tracks, and Pedestrian foot path barriers)

On the basis of Barrier technology, the global automotive crash barriers market is segmented into:

  • Flexible Barriers
  • Cable and Chain Barriers
  • Semi-rigid Barriers
  • Box Beam Barriers
  • W- beam steel barriers
  • Thrie beam barriers
  • Rigid Barriers
  • Concrete barriers
  • Pre-cast concrete barriers

On the basis of device, the global automotive crash barriers market is segmented into:

  • Crash Cushions
  • Gating and Non-gating end Treatment
  • Water and sand filled plastic barriers
  • Guardrails Energy Absorbent Terminals (GEAT)
  • Others (Hex-foam sandwich systems, Brakemaster, Low maintenance attenuators)

Market Participants

Examples of some of the market participants in the global automotive crash barriers market identified across the value chain include:

  • Hill and Smith
  • Tata Steel Europe Limited
  • Bekaert
  • Trinity Highway Products, LLC
  • Nucor Steel Marion, Inc.
  • Lindsay Corporation
  • Valmont Industries, Inc.
  • Arbus Ltd
  • Transpo Industries Inc.
  • Avon Barrier Corporation Ltd
  • Houston Systems Private Limited
  • Energy Absorption Systems, Inc.
  • Jacksons Fencing
  • OTW Safety
  • Pennar Industries Limited

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.