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(Transportation-News.com, February 21, 2018 ) Crash barrier system is one of the important elements of road safety management and is used to maintain safety on road for pedestrians as well as drivers. Increasing accidents and fatalities have driven the growth of the crash barrier systems market. Road safety regulations such as expanding crash barriers across the highways and roads have improved, especially in developing countries from APAC. Quick and safe transport results in the development of a nation's economy by improving trades and connectivity.
Publisher's analysts forecast the global crash barrier systems market to grow at a CAGR of 3.03% during the period 2017-2021.
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To ensure the safety of pedestrians and vehicle owners and maintain an efficient transportation system, several countries across the globe have started implementing road safety programs, which will be one of the major factors fueling the growth of the road safety barriers market in the next few years. Road safety measures and solutions include the usage of road barrier systems to ensure pedestrian and vehicle safety and to reduce the impact of vehicle crashes.
Key vendors
- Tata Steel
- Nucor
- Lindsay Corporation
Other prominent vendors
- Abbott Vascular
- Arbus
- Avon Barrier Corporation
- Bekaert
- CT Safety Barriers
- Energy Absorption Systems
- Houston Systems
- Ingal Civil Products
- Jackson Fencing
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Market driver
- Implementation of road safety programs
Market challenge
- Concrete crash barrier performance limitations
Market trend
- Growing transport infrastructure investment
Fundamentals of Table of Content:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles
Complete report is available @ http://www.reportsweb.com/global-crash-barrier-systems-market-2017-2021
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