Crash Barrier Systems Market by Type, Technology, Device, Application & Region - Global Trends & Forecasts to 2020
NEW YORK, Sept. 3, 2015 /PRNewswire/ -- The global crash barrier systems market is estimated to grow at a CAGR of 3.12% from 2015-2020. The growth of this market is propelled by an increase in the roadway infrastructure and automotive industry throughout the world. Crash barriers also play an important role in highway commuter safety.
With the emergence of new technologies, manufacturers are looking for advanced techniques to make crash barriers safer. As of 2014, Europe was the largest market for crash barrier systems because of the willingness of companies in the region to take up capital intensive projects, along with the availability of technical expertise.
Roadside barriers are expected to dominate the global crash barrier systems market applications. By type, fixed barrier systems are projected to have the largest market share during the forecast period. Subsequently, the semi-rigid barriers technology will dominate the crash barrier systems market from 2015 to 2020.
This report covers the global crash barrier systems market in major regions, namely North America, Europe, Asia-Pacific, and the Rest of the World (RoW). The crash barrier systems in this report are segmented on the basis of type, technology, device, and application.
This report analyzes various marketing trends and establishes the most effective growth strategy in the market. It identifies market dynamics such as drivers, restraints, opportunities, and challenges. Major crash barrier companies 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.) have also been profiled.
Read the full report: http://www.reportlinker.com/p03113784-summary/view-report.html
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