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Seismic Bracing Market Analysis

  • Report ID: GMI10707
  • Published Date: Aug 2024
  • Report Format: PDF

Seismic Bracing Market Analysis

Based on type, the rigid bracing segment is expected to reach a value over USD 55 billion by 2032.
 

  • Rigid bracing systems provide superior structural stability and strength compared to other types. They effectively resist lateral forces and prevent deformation, which is crucial for maintaining the integrity of high-rise buildings and large structures. This makes them highly desirable for commercial and industrial applications where structural safety is a top priority.
     
  • As urban areas continue to expand and new infrastructure projects emerge, there is a growing need for robust seismic solutions. Rigid bracing is commonly used in the construction of high-rise buildings, bridges, and large commercial complexes, driving significant demand for this type of bracing.
     
Global Seismic Bracing Market Share, By Material, 2023

Based on material, the aluminum segment is set to register about 5% CAGR between 2024 and 2032.
 

  • Aluminum is prized for its lightweight properties combined with high strength. This characteristic makes it an attractive choice for seismic bracing systems, as it reduces the overall load on structures while providing substantial strength to withstand seismic forces. The ease of handling and installation also contributes to its growing popularity.
     
  • Aluminum offers excellent resistance to corrosion, which enhances the durability and longevity of seismic bracing systems, especially in challenging environmental conditions. This resistance reduces maintenance requirements and extends the lifespan of the bracing systems, making aluminum a preferred material for various applications.
     
U.S. Seismic Bracing Market Size, 2022-2032 (USD Billion)

North America region dominated the 35% share of the seismic bracing market in 2023. The region's strict seismic regulations mandate the use of robust bracing systems to ensure the safety and resilience of structures in earthquake-prone areas, driving high demand for sophisticated seismic solutions.
 

In the United States, the seismic bracing market is experiencing a surge in demand driven by stringent regulations and a focus on enhancing infrastructure resilience. The implementation of advanced bracing technologies and materials, such as high-strength steel and composite solutions, is becoming more prevalent to meet the evolving safety standards.
 

The China seismic bracing market is experiencing rapid growth due to the country's massive urbanization and infrastructure development initiatives. With ongoing construction of high-rise buildings, commercial centers, and transportation networks, there is an increasing demand for effective seismic bracing solutions to ensure structural safety and compliance with stringent building codes.
 

South Korea seismic bracing market is growing steadily because of increased awareness of earthquake risks and advancements in building codes. The country’s focus on modernizing its infrastructure and enhancing the resilience of its high-rise buildings and commercial facilities has led to a surge in demand for sophisticated seismic bracing systems. South Korea's proactive stance on adopting new technologies and materials, coupled with stringent regulatory requirements, fuels market growth.
 

Japan, being one of the most seismically active regions in the world, continues to drive significant growth in the Japan seismic bracing market. The country’s advanced approach to earthquake engineering and its stringent building codes ensures the widespread use of state-of-the-art bracing systems in construction and retrofitting projects. Japan's emphasis on incorporating the latest technologies, such as base isolators and advanced composite materials, reflects it’s dedication to enhancing earthquake resilience.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of seismic bracing was reached USD 85 billion in 2023 and is anticipated to grow at over 5% CAGR between 2024 and 2032, driven by rapid urbanization and expanding infrastructure projects.

The rigid bracing segment in seismic bracing market is expected to reach USD 55 billion by 2032, as it provides superior structural stability and strength compared to other types.

North America seismic bracing market accounted for a share of over 35% in 2023 and will grow rapidly through 2032, as the region's strict seismic regulations mandate the use of robust bracing systems to ensure the safety and resilience of structures in earthquake-prone areas.

Anvil International, Eaton Corporation, Hilti Corporation, Mason Industries, nVent Electric plc, Tremco Incorporated, and Unistrut among others.

Seismic Bracing Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 25
  • Tables & Figures: 658
  • Countries covered: 21
  • Pages: 220
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