The global demand for Storm Surge Barriers Market is presumed to reach the market size of nearly USD XX MN by 2027 from USD XX MN in 2020 with a CAGR of XX% under the study period 2021 - 2027.
Storm surge barriers, storm surge gates, or flood barriers are fixed or movable installations near river mouths that enable water to pass in normal conditions and can be shut against storm surges or spring tides to prevent flooding. They can complete the sea mouth of a river or waterway. These barriers are effective infrastructure systems involving high costs for construction and are often linked with other flood protection measures, such as dikes, seawalls, and beach nourishment. Storm surge barriers are usually used to protect urban settlements and infrastructure heavily affected by storm surges and sea flooding.
World demand for storm surge barriers will be driven by the risk of coastal flooding, growing efforts to improve their flood and storm surge defense systems, the need to upgrade protections, and an increasing number of places prone to extreme weather occurrences. Population in coastal zones is exposed to various natural hazards such as erosion, saltwater intrusion, subsidence, tsunamis, and floods resulting from both storm surges and high river runoff. With climate change-induced effects, such as sea-level rise, the likelihood of natural hazards will increase, causing a surge in storm surge barriers demand. Moreover, flood protection standards are predicted to increase with enlarged prosperity. It is therefore expected that in coastal regions worldwide, governments will continue to invest more in coastal protection. However, rising expenses concerned with the installation of storm surge barriers remained a significant challenge for the market. Various studies are done to reduce costs.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of storm surge barriers. The growth and trends of storm surge barriers industry provide a holistic approach to this study.
This section of the storm surge barriers market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By System Type
By Gate Type
- Fixed Barriers
- Movable Barriers
By Construction Type
- Flap Gates
- Sector Gates
- Vertical Lifting Gates
- Inflatable Rubber Gates
- Barge Gates
- Rotary Segment Gates
By Structure Type
- Land-Based Construction
- Water-Based Construction
- Single Stage Structure
- Multi-Stage Structure
This section covers the regional outlook, which accentuates current and future demand for the Storm Surge Barriers market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Storm Surge Barriers Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the storm surge barriers market include Trelleborg Marine and Infrastructure, BMK Consortium SDN. BHD, DOSBOUW consortium, Hollandsche Beton Groep nv (HBG), Van Hattum and Blankevoort Baggeren B.V., Costain Group, Hitachi Zosen Corporation, ACI Corporation, Hydrological Solutions Inc, and Maxon Industries Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts.
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