What is Global Crash Cushions Market?
The Global Crash Cushions Market is a specialized and in-depth study of the automotive industry with a special focus on the global market trend analysis. Crash cushions, also known as impact attenuators, are devices installed in front of fixed structures or hazards like concrete barriers, bridge piers, or signs posts to protect vehicle occupants from colliding with these hazards. They are designed to absorb the kinetic energy of a vehicle, reducing the severity of the crash and thereby, minimizing injuries to the vehicle occupants. The market for these safety devices is growing globally due to increasing concerns about road safety and stringent government regulations. The Global Crash Cushions Market was valued at US$ 772 million in 2023 and is expected to reach US$ 1012.3 million by 2030.
Non-redirective Crash Cushions, Redirective Crash Cushions in the Global Crash Cushions Market:
The Global Crash Cushions Market is segmented into Non-redirective Crash Cushions and Redirective Crash Cushions. Non-redirective crash cushions are designed to stop a vehicle by absorbing its energy, but they do not redirect the vehicle away from the hazard. They are typically used in locations where the likelihood of head-on impacts is high. On the other hand, redirective crash cushions are designed to both absorb the energy of the impact and redirect the vehicle away from the hazard. They are typically used in locations where the likelihood of angle impacts is high. The choice between non-redirective and redirective crash cushions depends on the specific requirements of the location and the type of hazard present.
Highway, Urban Road, Others in the Global Crash Cushions Market:
The Global Crash Cushions Market finds its applications in various areas such as Highways, Urban Roads, and others. On highways, crash cushions are used to protect motorists from hazards such as concrete barriers, bridge piers, and sign posts. They are also used at the ends of guardrails and median barriers. In urban roads, crash cushions are used at intersections, roundabouts, and other locations where there is a risk of vehicles colliding with fixed objects. Other applications of crash cushions include parking lots, toll booths, and construction zones. The use of crash cushions in these areas helps to reduce the severity of crashes and minimize injuries to vehicle occupants.
Global Crash Cushions Market Outlook:
The Global Crash Cushions Market is expected to witness a steady growth in the coming years. In 2023, the market was valued at US$ 772 million and it is anticipated to reach US$ 1012.3 million by 2030, growing at a CAGR of 3.9% during the forecast period 2024-2030. The market is dominated by leading manufacturers such as Trinity Industries, TrafFix Devices, Lindsay Corporation, OBO Bettermann Group, Shindo Industry, Valmont Industries, Stuer-Egghe, Gregory Industries, Hill & Smith, Verdegro, SMA Road Safety, and Smart Air Chamber (SAC). Among these, Trinity Industries is the largest manufacturer in the Crash Cushion market, with its revenue share of the global market exceeding 10% in 2019.
| Report Metric | Details |
| Report Name | Crash Cushions Market |
| Accounted market size in 2023 | US$ 772 million |
| Forecasted market size in 2030 | US$ 1012.3 million |
| CAGR | 3.9% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
|
| Segment by Application |
|
| Consumption by Region |
|
| By Company | Verdegro, Stuer-Egghe, TrafFix Devices, Lindsay Corporation, Trinity Industries, Valmont Industries, OBO Bettermann Group, Shindo Industry, SMA Road Safety, Gregory Industries, Hill & Smith, Smart Air Chamber (SAC) |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
