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The global Crash barrier systems market is estimated to be USD 7.6 billion in 2021 and is projected to reach USD 9.0 billion by 2026, at a CAGR of 3.3% from 2021 to 2026.
The growth is due to the growing construction and automotive industries throughout the world. 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.
Flexible Barrier is expected to be the fastest growing technology in the Crash barrier systems market during the forecast period.
The Worldwide Crash Barrier Systems Industry is Expected to Reach $9 Billion by 2026 at a CAGR of 3 3% from 2021 yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
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Crash Barrier Systems Market by Type, Technology, Device, Application & Region - Global Forecast to 2026 - ResearchAndMarkets.com
April 9, 2021 GMT
DUBLIN (BUSINESS WIRE) Apr 9, 2021
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The global Crash barrier systems market is estimated to be USD 7.6 billion in 2021 and is projected to reach USD 9.0 billion by 2026, at a CAGR of 3.3% from 2021 to 2026.
The growth is due to the growing construction and automotive industries throughout the world. 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.