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Based on type, the rigid bracing segment is expected to reach a value over USD 55 billion by 2032.
Based on material, the aluminum segment is set to register about 5% CAGR between 2024 and 2032.
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.