Research Nester’s recent market research analysis on “Storm Surge Barriers Market: Global Demand Analysis & Opportunity Outlook 2037” delivers a detailed competitors analysis and a detailed overview of the global storm surge barriers market in terms of market segmentation by system type, gate type, construction type, structure type, and by region.

Rising Prevalence in Severe Weather to Boost the Growth of the Global Storm Surge Barriers Market

The global storm surge barriers market is estimated to grow on account of rising prevalence in severe weather. A rise in the world's average temperature is associated with significant changes in weather patterns. Scientific research indicates that human-induced climate change may increase the frequency or intensity of extreme weather events, such as hurricanes, typhoons, and other large storms. Another aspect affecting storm surges is atmospheric pressure. Therefore, the likelihood of damage could be decreased by the installation of storm surge barriers.

Additionally, the number of tourists visiting coastal regions has increased. Along the shore, several of the popular tourist attractions are at risk of flooding and storm surges. Because protecting these areas may help to ensure visitor safety and maintain the destination's allure, the tourist industry presents a substantial market opportunity for storm surge barriers.

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Some of the major growth factors and challenges that are associated with the growth of the global storm surge barriers market are:

Growth Drivers:

• Growth in Urbanization
• Rise in Demand for Advanced Technologies

Challenges:

By keeping storm surges from entering low-lying estuarine areas, storm surge barriers and closure dams offer excellent protection against coastal flooding. Although employing a closure dam to permanently seal off the estuary mouth would produce the same result, using a mobile barrier allows rivers to remain open under normal circumstances. Moreover, when river levels are high or, in the case of movable barriers, if the defense is closed for a longer period of time, flooding may occur on the landward side of the barriers for both surge barriers and closure dams. Water collects there as the barrier restricts further river flow, causing flooding on the landward side of the barrier.

By gate type, the market for storm surge barriers is segmented into flap gates, sector gates, vertical lifting gates, inflatable rubber gates, barge gates, and rotary segment gates. Out of these segments, the vertical lifting gates are anticipated to generate the highest revenue by the end of 2035. However, the sector gates segment is also poised to grow. These gates are frequently employed for sea locks at marina entrances where passage through the lock is necessary under the broadest tidal range. Furthermore, with a complete differential head, these gates are capable of opening or closing. Additionally, it could work with water loads coming from either side. Therefore, this segment is also anticipated to grow.

By region, the Asia Pacific storm surge barriers market is estimated to grow over the forecast period. The market growth in this region could be attributed to the number of floods in countries such as Japan, Thailand, and China. Moreover, growing public knowledge of the major benefits of installing flood barriers among residents of coastal areas will expand the market's potential in this region. Additionally, the growth of the market in Asia Pacific will be facilitated by governments encouraging the spike in construction projects throughout this area, where the population is growing.

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This report also provides the existing competitive scenario of some of the key players of the global storm surge barriers market which includes company profiling of Trelleborg Marine and Infrastructure, BMK Consortium SDN. BHD., AquaFence USA LLC, Hollandsche Beton Groep NV, Van Hattum and Blankevoort B.V., Costain Group PLC., Hitachi Zosen Corporation, ACI Worldwide, Inc., Hydrological Solutions, Maxon Industries, Inc., and others.

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