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

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

Steel Bollards usually consist of a simple steel post either anchored to concrete, cored into a hard surface, they are designed to protect buildings, pedestrians, and equipment from vehicle or forklift collisions.

Market Overview:

The latest research study on the global Steel Bollards market finds that the global Steel Bollards market reached a value of USD 511.56 million in 2022. It’s expected that the market will achieve USD 665.25 million by 2028, exhibiting a CAGR of 4.48% during the forecast period.

Opportunities

Due to the development and improvement of transportation infrastructure, North America and Europe occupy an important position in the global Steel Bollards market, and due to the rapid growth of the infrastructure sector, the Asia Pacific region constitutes a high potential market. In 2016, the Indian government plans to invest to build 35,000 kilometers of roads across the country in the next few years, which is expected to increase demand for the Steel Bollards market to ensure safety measures.
One of the significant advantages of steel bollards is that they are strong and long-lasting. Due to their durability, they can provide an aesthetic value to places such as parking lots or front side of shopping malls wherever they are installed.
Easy to maintain. Due to the strong impact resistance of the steel bollards, it is only necessary to simply repair after the collision. They are easy to install at the lowest installation cost compared to other permanent bollards. These are also the driving reasons for the steel bollards market. These characteristics of steel bollards provide growth opportunities for the market.

Region Overview:

From 2023-2028, Europe is estimated to witness robust growth prospects.

Company Overview:

The top three companies are Ingal Civil Products, Ideal Shield and Broxap with the revenue market share of 6.54%, 4.57% and 4.54% in 2018.

Ingal Civil Products is a leading manufacturer and supplier of road safety barrier systems. As a division of Industrial Galvanizers Corporation Pty Ltd, it is part of a large network of companies specializing in engineered steel products and galvanizing services, with more than 8,000 employees in more than 20 countries. Ingal Civil Products' product range includes road safety barriers, parking lots and industrial barriers, work areas and traffic control products, delineation and fence products.

Ideal Shield, L.L.C. manufactures bollard covers. The Company offers products such as guardrails, handrail systems, sign bases, goal posts, column wraps, and clearance bars.

Segmentation Overview:

Among different product types, Bollards segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Commercial Streets segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Steel Bollards market covered in Chapter 3:

Jiangsu Guojin Tewei
Leda Security
Dawn Enterprises
Ingal Civil Products
Ideal Shield
Saferoads
TrafficGuard
Calpipe Industries
Broxap
AUTOPA Limited
Zano Street Furniture
Blueton Ltd
Wickens

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

Bollards
Barriers
Parking Posts
Bike Racks
Stretch Barriers
Street Furniture

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

Parking Lots
Commercial Streets
In-Plant Protection
Traffic-Sensitive Area
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)