Barrier Systems Global Market Report 2023

New York, Aug. 04, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Barrier Systems Global Market Report 2023” – https://www.reportlinker.com/p06479793/?utm_source=GNW
, Barrier1 Systems LLC, A-Safe HQ Limited, BBS Barriers, HySecurity Inc., Concentric Security, Senstar Corporation, Betafence Corporation, and Global GRAB Technologies Inc.

The global barrier systems market is expected to grow from $18.09 billion in 2022 to $19.40 billion in 2023 at a compound annual growth rate (CAGR) of 7.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The barrier systems market is expected to reach $24.62 billion in 2027 at a CAGR of 6.1%.

The…