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Crash barrier systems market Analysis

The global crash barrier systems market is driven by the growing construction and automotive industry. There is an increased awareness about road safety for both drivers and pedestrians which have led to the growth of crash barrier market globally.

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Crash barrier systems market Analysis

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  1. Crash Barrier Systems Market www.marketresearchfuture.com

  2. Market Overview: As per the assessment published by Market Research Future (MRFR), the global crash barrier systems market is poised to strike a steady CAGR during the forecast period 2016 to 2021. The expansion of the market is supported by the growth of the two major industries – construction and automotive. Both the industries have been witnessing substantial revenue generation and are likely to exhibit the same trend in the years to come. The red flags raised by the alarming rate of road accidents are expected to propel the expansion of the crash barrier systems market. According to the World Health Organization (WHO), around 1.25 million people lose their lives in road accidents every year. It further indicates that on average 3,287 people are dying every day in these accidents. In addition, 20-50 million people are either severely injured or disabled every year. It has gained the attention of the governments who are investing in the deployment of the effective crash barrier systems for ensuring road safety.Browse Complete Report Details: https://www.marketresearchfuture.com/reports/crash-barrier-systems-market-1421

  3. Regional Analysis: The regional assessment of the global crash barrier systems market encompasses North America, Europe, Asia Pacific, and the Rest of the World (ROW). Among these, Asia Pacific has secured the forefront position in the global marketplace. The presence of fast-developing nations in the region is leading to the expansion of the crash barrier systems market in the region. The rising investments in infrastructural projects for roadways expansion are leading the expansion of the market in the region. Investments are presumed to flow towards the country-level markets of China and India. It has been prognosticated to revolutionize the future trajectory of the crash barrier systems market across the review period. North America is an important growth pocket and is forecasted to proliferate over the next few years. Meanwhile, Europe and RoW are also poised to exhibit steady growth in the forthcoming years.

  4. Industry News: In January 2019, the Pulaski Skyway, which connects the Holland Tunnel to Lower Manhattan, has got a median barrier system, Valentine F350, for enhancing its lifespan. In January 2019, Ocean City, the U.S., officials have authorized the next phase of the Boardwalk access control project. A series of permanent as well as semi-permanent barrier systems are being explored for the purpose.

  5. Competitive Analysis: Some of the key players profiled in the report are Nucor Corporation, Delta Scientific Corporation, Avon Barrier Corporation Ltd, Bekaert SA, Transpo Industries Inc., Gibraltar, Arbus Ltd, Tata Steel Limited, FutureNet Group, Trinity Industries Inc., Lindsay Corporation, FutureNet Group Inc., Automatic Systems SA, Hill & Smith Holdings PLC, Valmont Industries Inc., A-Safe Ltd, and Barrier1 Systems Inc. https://www.marketresearchfuture.com/press-release/crash-barrier-systems-market

  6. Contact: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India +1 646 845 9312 Email: sales@marketresearchfuture.com

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