The Worldwide Crash Barrier Systems Industry is Expected to Reach $9 Billion by 2026 at a CAGR of 3.3% from 2021
Retrieved on:
Tuesday, April 13, 2021
Crash barrier systems finds applications in various roadside barrier, median barrier, bridge barrier, work zone barrier and others.
Key Points:
- Crash barrier systems finds applications in various roadside barrier, median barrier, bridge barrier, work zone barrier and others.
- The roadside barrier segment led the Crash barrier systems market in 2020, accounting for a share of 54.3%, in terms of value.\nFlexible Barrier is expected to be the fastest growing technology in the Crash barrier systems market during the forecast period.\nFlexible barrier is the fastest-growing technology segment in the Crash barrier systems market.
- It accounted for a share of about 11.7% of the Crash barrier systems market, in terms of volume, in 2020.\nMedian Barrier is expected to be the fastest growing application in the Crash barrier systems market during the forecast period.\nMedian barrier is the fastest-growing application segment in the Crash barrier systems market.
- Russia is a major manufacturer of Crash barrier systems and had the highest consumption of crash barrier systems.