Global Crash Cushions Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Crash Cushions Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

The Crash Cushions can protect the vehicle from damage when colliding with the structure. It can also save the lives of people in the vehicle. The crash cushion absorbs kinetic energy and may redirect the colliding vehicle to avoid danger. The crash cushions can be used repeatedly. They are composed of different parts that are designed to fold against each other while absorbing the impact of collisions. Crash cushions usually maintain their normal appearance after a collision.

Market Overview:

The latest research study on the global Crash Cushions market finds that the global Crash Cushions market reached a value of USD 828.3 million in 2022. It’s expected that the market will achieve USD 1164.09 million by 2028, exhibiting a CAGR of 5.84% during the forecast period.

New technologies bring opportunities

The equipment materials for crash collisions can be made of metals such as stainless steel or non-metallic materials such as plastic, wood and concrete. Compared with metal materials, plastics are more cost-effective, such as reusability and recyclability, and lower maintenance costs. Crash collisions derived from plastics are not only safe, but also more cost-effective, so they may gain some market opportunities. In addition, with the development of artificial intelligence technology, the combination of crash collisions and digital intelligence will also bring some opportunities to the crash collisions industry. For example, there is a company that develops and designs intelligent automatic crash collisions, which can be used for highways, bridges, tunnels and traffic diversions.

The development of emerging economies

Globally, emerging economies like China are experiencing a high degree of industrialization. With the growth of these emerging economies and the increase in disposable income, on the one hand, infrastructure industries such as roads, bridges, and airports are developing at a high speed, and crash collisions play an important role in these infrastructures. On the other hand, with the increase in road construction and the increase in residents' disposable income, the automobile industry in these emerging economies is also developing. With the increase in the number of cars, the requirements for road safety are also increasing, and the demand for crash collisions continues to increase. The further development of emerging economies will drive the development of the crash collisions industry in these regions. In addition, in regions such as Europe and North America, due to the maturity of the crash collisions market, many manufacturers have also begun to enter emerging economies in order to continue to gain market share. For example, in China, where labor costs are low, transportation is convenient, and the industrial chain is relatively mature, it is expected to attract more investment opportunities, which will also drive the development of the crash collisions industry.

Region Overview:

Geographically, North America held the largest market share – 31.52% in 2022.

Company Overview:

Trinity Highway Products, LLC is one of the major players operating in the Crash Cushions market, holding a share of 8.92% in 2023.

Trinity Highway Products, LLC

Trinity Highway Products, LLC manufactures transportation, construction, and industrial products. The Company's products include tank and freight railcars, inland hopper and tank barges, highway guardrail and safety products, ready-mix concrete, and other products.

Lindsay Corporation

Lindsay Corporation provides flexible and sustainable infrastructure solutions for road authorities and contractors.

Segmentation Overview:

By type, Non-gating segment accounted for the largest share of market in 2022.

Gating

When the gating crash collision is in contact with the vehicle, it will fold up or close to allow the vehicle to pass safely. gating crash collisions usually require a sufficient clean zone to slow the vehicle safely.

Non-gating

The non-gating crash collision does not allow vehicles to pass when hit by the front of the system. The non-gating crash collision will slow down the speed of the vehicle and require a smaller clear zone.

Application Overview:

By application, the Roads & Highways segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Crash Cushions market covered in Chapter 3:

Trinity Highway Products, LLC
Hill & Smith Ltd
Saferoad
National Trench Safety
RoadSafe Traffic Systems, Inc.
Lindsay Corporation
SMA
TrafFix Devices
Valmont Industries

In Chapter 4 and Chapter 14.2, on the basis of types, the Crash Cushions market from 2018 to 2029 is primarily split into:

Gating
Non-gating

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Crash Cushions market from 2018 to 2029 covers:

Roads & Highways
Airports
Bridges & Tunnels
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)