Barrier Systems Market Size, Share & Trends Analysis Report By Type, By Function, By Access Control Device (Token & Reader Technology, Perimeter Security), By End Use, And Segment Forecasts, 2020 - 2025

Industry Insights

The global barrier systems market size was valued at USD 14.0 billion in 2019 and is expected to register a CAGR of 9.8% from 2020 to 2025. The growth can be attributed to rapidly expanding construction and automotive industries, resulting in a rise in demand for various safety solutions such as crash barrier systems, gates, and fences. These systems act as an essential component to ensure safety at airports, roadways, commercial buildings, and residential lanes, among others. These systems effectively manage vehicles and reduce the possibilities of intrusions.

The development of commercial real estate, coupled with modification of transport infrastructure across the globe, is expected to propel market growth over the forecast period. Barrier systems are installed at railways, airports, and roadways to accurately redirect pedestrians and vehicles along their proper routes. Growing need for effective traffic management across the globe is further expected to fuel market growth. Very few substitutes are available in the market, which in turn, is expected to drive the adoption of these systems in various end-use industries.

Barrier systems are widely adopted to reduce vehicle collisions, crashes, and ensure the safety of pedestrians. They separate vehicle traffic from infrastructure and ensure optimized traffic flow and incident prevention. Furthermore, system providers are focusing on manufacturing curb barriers, which are designed to provide ground level protection for buildings, walls, and equipment in commercial infrastructure. As a result, the market is expected to spur over the forecast period.

Numerous barrier systems are equipped with automated control panels, which effectively reduce traffic congestion by making more efficient use of existing or new roadways. This technology is used for construction applications and managed lanes to create safe highways that provide real-time roadway configuration while retaining barrier protection between lanes. Furthermore, numerous contractors and road authorities adopt barrier systems for making congested highways more safe, efficient, and functional. It helps reduce cross-over accidents and fatalities.

High repair cost required for barrier systems is anticipated to limit market growth. In the case of crash impact, fences and concrete blocks require high costs for reconstruction. In addition, volatility in prices of raw material required for barrier systems is expected to act as a challenge for barrier system market growth. Improving the reliability of security systems is also expected to hamper the market.

Type Insights

Based on type, the market has been segmented into bollards, crash barrier systems, drop arms, fences, and others. The crash barrier systems segment dominated the market in 2019 owing to increased adoption of these systems along highways in order to reduce the impact of vehicles at high speed and prevent fatalities and injuries. These require lower maintenance costs compared to other barrier systems. Moreover, contractors prefer crash barrier systems owing to their high durability.

The bollards segment is anticipated to register the highest CAGR over the forecast period. Bollards are used to restrict vehicle entries in numerous indoor and outdoor venues such as sports centers, shopping centers, hotels, and high-security areas. Automatic bollards are widely used in automatic parking management systems. Increasing preference for automatic parking management is likely to boost the demand for bollards over the forecast period.

Function Insights

Based on function, the barrier systems market has been segmented into active and passive. The passive segment dominated the market in 2019, owing to increased use of these barriers in the construction of commercial and residential buildings. They protect buildings or any property from vehicle interference. Passive barriers are widely adopted in end-use industries owing to their simple and easy-to-operate capabilities.

The active segment is expected to register the highest CAGR over the forecast period. They are widely installed where vehicle credentials are required to be checked at entry points. The most commonly used active barriers are gates, traffic arms, and drop arms. Active barriers are movable and commonly used at construction sites or events to temporarily block a certain area.

Access Control Device Insights

Based on access control device, the market has been segmented into biometric systems, perimeter security systems and alarms, token and reader technology, turnstile, and others. The token and reader technology segment dominated the market in 2019. This technology is integrated with access control panels, which is widely used by civil disaster administrators, emergency response personnel, and law enforcement agencies, among others. It helps maintain records of access control system activity, facility configuration changes, and user permissions.

The biometric systems segment is expected to register the highest CAGR over the forecast period. Biometric turnstiles and barriers are located at building entrances to automatically collect visitors’ data. These access control devices are widely used in administrative offices, government offices, and financial institutions, among others. Moreover, these biometric fingerprint turnstiles are suited for applications where the speed of access is of utmost importance.

End-use Insights

Based on end use, the market has been segmented into commercial, data centers, financial institutions, government, industrial, petrochemical, military and defense, transportation, and others. The military and defense segment dominated the market in 2019 owing to increased adoption of these systems for infrastructure and personnel protection in security, military, and environmental applications. Numerous vendors are focusing on manufacturing systems with flexible and modular configurations. This has resulted in easy deployment of these systems, with or without engineering support.

The transportation end-use segment is expected to register the highest CAGR over the forecast period. Increasing incidences of roadside crashes have resulted in rapid adoption of crash barrier systems. These help improve commuter travel times by restricting cross-over of lanes. Furthermore, automatic barrier systems allow remote control of traffic to reduce congestion on the roads.

Regional Insights

North America dominated the market in 2019. Terrorist activities are a major concern in the region as a result, the military and defense industry in the region is largely adopting barrier systems in order to improve security and safeguard its citizens from cross-border war threats. Shifting consumer preference for robust and durable building materials, such as fences, is expected to propel regional market growth.

Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period. The growth can be attributed to rapidly expanding infrastructure sector in the region. Increasing number of constructions in countries such as India and China is further expected to create growth opportunities for the market. Moreover, rising government initiatives and investments in smart infrastructure projects aimed at enhancing safety and security of its citizens is expected to drive the regional market.

Barrier Systems Market Share Insights

Major vendors in the market include Valmont Industries, Inc.; Tata Steel Limited; Senstar Corporation; Lindsay Corporation; Hill & Smith Holdings PLC; Delta Scientific Corporation; and Betafence. New product development and mergers and acquisitions are some of the key strategies adopted by these players to gain a competitive edge in the market. Companies are also aiming to serve the market efficiently by investing in R&D activities and launching new products. Furthermore, companies are focusing on consistent innovations to personalize and differentiate their product and service offerings for potential customers.

For instance, in April 2018, Barrier1 Systems, Inc. offered maintenance and repair services of Barrier1 drop arm and Net barrier systems to the State of Missouri. This enabled the State of Missouri to use Barrier1 Systems, Inc. as a single feasible source when the product and service requirements were proprietary. Similarly, in June 2018, Betafence acquired the Betafence Yapı Sanayi ve Ticaret A.Ş. in Turkey. This acquisition was aimed at enabling Betafence to expand its footprint in Turkey.

Report Scope

Segments Covered in the Report

The 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 the purpose of this study, Grand View Research 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.

  • Asia Pacific

    • Australia

    • China

    • India

    • Japan

  • Latin America

    • Brazil

    • Mexico

  • Middle East & Africa