Global Steel Bollards Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Steel Bollards industry revenue is expected to be around $1.4 billion in 2025 and expected to showcase growth with 4.3% CAGR between 2025 and 2034. They play a role in urban planning by not only only enhancing the design but also defining the use of different areas, with added protection layers that go unnoticed by many.
Bollards are posts firmly planted in the ground to prevent vehicles from entering certain areas without permission. They are known for being strong lightweight and durable against rust while also offering a range of design options that serve both functional and visually appealing purposes, in contemporary urban environments.
Market Key Insights
- The Steel Bollards market is projected to grow from $1.3 billion in 2024 to $2.0 billion in 2034. This represents a CAGR of 4.3%, reflecting rising demand across Pedestrian Safety, Facility Protection and Traffic Flow Management.
- Marshalls PLC, Hamersley Group, TKO Bollards are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Steel Bollards market and are expected to observe the growth CAGR of 3.0% to 4.0% between 2024 and 2030.
- Emerging markets including Vietnam, UAE and Chile are expected to observe highest growth with CAGR ranging between 4.7% to 6.0%.
- Transition like Shift Towards Environmentally Friendly Production Methods has greater influence in United States and China market's value chain; and is expected to add $40 million of additional value to Steel Bollards industry revenue by 2030.
- The Steel Bollards market is set to add $0.7 billion between 2024 and 2034, with manufacturer targeting High Carbon & Stainless Material Grade projected to gain a larger market share.
- With Urban planning revolution, and Incorporation of smart technologies, Steel Bollards market to expand 52% between 2024 and 2034.