Barrier Systems Market Analysis Report By Type, By Function, By Access Control Device, By End Use And Segment Forecasts From 2020 To 2025

Industry Insights

The global barrier systems market size was accounted for USD 14.0 billion, in 2019. It is projected to ascend with a CAGR of 9.8% over the estimated duration. The growing automotive and construction industries have led to increasing demand for several safety solutions such as fences, barrier systems, and gates. These systems aids in security at residential lanes, airports, commercial buildings, and roadways among others. Further, they help in managing vehicles and lower intrusions possibilities.

The growth of commercial real estate, and enhancement in the transport network worldwide, are predicted to fuel the growth of the market from 2020 to 2025. Barrier systems are fixed in roadways, railways, and airports to accurately guide pedestrians and vehicles in their routes. Increasing requirement for an effective traffic management system worldwide is also projected to augment the demand for the product in the coming years. There are only a few substitutes sold in the market, thereby, it is anticipated to be widely accepted in several end-use industries.

Barrier systems are extensively preferred to lower the chances of accidents, crashes, and pedestrian safety. They detach vehicle traffic from the network and enable incident prevention and efficient traffic flow. Moreover, system providers are emphasizing producing curb barriers, which can offer ground-level safety to equipment, buildings, and walls in commercial infrastructure.

Several barrier systems are embedded in mechanized control panels, which lower traffic crowding by making competent use of new roadways. This technology is widely preferred in construction and managed lanes to make safer highways that offer real-time configuration while holding barrier safety between lanes. Further, increasing contractors and road authorities use barrier systems for enabling more safety at congested roads.

However, the heavy cost of repair required for the barrier system is expected to hinder the market growth in the coming years. During crash impact, concrete blocks and fences require a huge cost for repairing. Further, fluctuations in the costs of raw materials used in barrier systems are predicted to plummet the product demand from 2020 to 2025. Enhancing the reliability of the security systems is also estimated to restrain the growth.

Type Insights

Depending on the type, the barrier system market is segregated into fences, bollards, drop arms, crash barrier systems, and others. The crash barrier systems division led the market in 2019 due to the growing preference for these systems in highways to lower the impact of high-speed vehicles and avoid injuries and fatalities. These systems require fewer maintenance costs than other barrier systems. Further, contractors use crash barrier systems due to their high durability.

The bollards category is predicted to exhibit the fastest CAGR from 2020 to 2025. Bollards are widely used to prevent vehicle entries in several outdoor and indoor venues such as shopping centers, high-security, hotels, and sports centers. Automatic bollards are extensively preferred in managing automatic parking systems. Shifting inclination for automatic parking management is anticipated to fuel the bollards’ demand in the upcoming years.

Function Insights

Based on the function, the market is fragmented into passive and active. The passive division led the market in 2019, due to the growing preference for these barriers in the construction of residential and commercial buildings. They safeguard building from any vehicle interference. Passive barriers are extensively used in end-use industries due to their easy operational features.

The active division is projected to ascend with a steady CAGR from 2020 to 2025. They are increasingly used in vehicle credentials to check at entry points. The widely used active barriers are dropped arms, gates, and traffic arms. Active barriers are durable and commonly preferred in construction sites.

Access Control Device Insights

Depending on access control devices, the market is fragmented into token & reader technology, biometric systems, turnstile, perimeter systems & alarms, and others. The token & reader segment led the market in 2019. This technology is combined with access control panels, which are extensively used in civil disaster proprietors, law enforcement officials, the emergency response workforce, and others. It assists in maintaining records of access control activities, user permissions, and facility configuration.

The biometric systems are predicted to ascend with the fastest CAGR from 2020 to 2025. Biometric barriers and turnstiles are situated at entrances to automatically gather visitors’ information. These devices are extensively used in financial institutions, administrative offices, and government offices. Further, these biometric turnstiles are appropriate where access speed is very crucial.

End-use Insights

Depending on end-use, the market is segregated into military & defense, data centers, government, financial institutions, petrochemical, transportation, commercial, and others. The military & defense division led the market in 2019 due to the shifting preference for these systems in personnel and infrastructure safety, environmental applications, and military. Several vendors are emphasizing the production systems with modular configuration, thereby; this system allows easy implementation, with or without support from engineering.

The transportation division is predicted to exhibit the highest CAGR from 2020 to 2025. Growing cases of road accidents have resulted in the penetration of crash barrier systems. These systems assist in enhancing commuter travel times by reducing lanes’ cross-over. Moreover, automatic barrier systems permit remote control of traffic to lower the crowding of vehicles.

Regional Insights

North America led the barrier system market in 2019. Growing terrorist activities are the leading concern, resulting in military & defense industries increasing preference for barrier systems to enhance the safety of citizens. Consumer inclination towards durable and robust materials, such as fences, is projected to bode well for the growth of the market in the upcoming years.

The Asia Pacific is predicted to grow rapidly from 2020 to 2025, owing to the growing infrastructural development. Increasing construction in nations such as China and India is further predicted to accelerate the product demand over the estimated duration. Further, increasing initiatives of government and spending in infrastructure aimed at improving the security and safety of citizens is anticipated to boost market growth in the upcoming years.

Barrier Systems Market Share Insights

Leading players of the industry are HySecurity; Delta Scientific Corporation; Tata Steel Limited; Hill & Smith Holdings PLC; Lindsay Corporation; Concentric Security LLC; Senstar Corporation; Betafence; Tata Steel Europe Limited; Global GRAB Technologies, Inc.; and Valmont Industries, Inc. Strategies such as M&A and new product development are undertaken by key players to maintain their market dominance. Companies are focusing on investing in research & development along with the introduction of a new product.

For example, Barrier1 Systems, Inc. in 2018, provided repair and maintenance services of Net barrier systems in Missouri. This allowed the State of Missouri to use these Barrier1 Systems as a dependable source when the service and product necessity were proprietary. Similarly, Betafence in 2018 took over Betafence Yapi Sanayi ve Ticaret A.S. in Turkey. This acquisition was targeted at allowing Betafence to expand its presence in Turkey.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2014 to 2025. For this study, Million Insights has segmented the global barrier systems market report based on type, function, access control device, end-use, and region:

• Type Outlook (Revenue, USD Billion, 2014 - 2025)
    • Bollards
    • Crash Barrier Systems
    • Drop Arms
    • Fences
    • Others

• Function Outlook (Revenue, USD Billion, 2014 - 2025)
    • Active
    • Passive

• Access Control Device Outlook (Revenue, USD Billion, 2014 - 2025)
    • Biometric Systems
    • Perimeter Security Systems & Alarms
    • Token & Reader Technology
    • Turnstile
    • Others

• End-use Outlook (Revenue, USD Billion, 2014 - 2025)
    • Commercial
    • Data Centers
    • Financial Institutions
    • Government
    • Industrial
    • Petrochemical
    • Military & Defense
    • Transportation
    • Others

• Regional Outlook (Revenue, USD Billion, 2014 - 2025)
    • North America
        • U.S.
        • Canada
    • Europe
        • France
        • Germany
        • U.K.
    • the Asia Pacific
        • Australia
        • China
        • India
        • Japan
    • Latin America
        • Brazil
        • Mexico
    • Middle East & Africa