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Seismic Isolation Systems Market Trends

Report ID: GMI10625
Published Date: Aug 2024
Report Format: PDF

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Seismic Isolation Systems Market Trends

Major key are increasingly focusing on the development and implementation of advanced seismic control technologies. This trend is driven by the growing need to protect critical infrastructure and valuable assets from the destructive impact of earthquakes. Innovative solutions are being designed not only for buildings but also for bridges and sensitive equipment, ensuring comprehensive seismic protection. The emphasis on advanced technologies is fueled by the rising frequency and intensity of seismic events, which highlights the necessity for robust and effective seismic isolation systems.

Authors: Preeti Wadhwani, Aishwarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of seismic isolation systems was worth over USD 375 million in 2023 and is anticipated to register over 3% CAGR between 2024 and 2032, driven by growing awareness of the devastating impacts of earthquakes.

The rubber segment in the seismic isolation systems market is expected to reach USD 200 million by 2032, due to its excellent shock absorption, flexibility, and durability.

North America seismic isolation systems market held 35% revenue share in 2023, driven by the high concentration of seismic activity and stringent building codes and regulations.

Bridgestone Corporation, Dynamic Isolation Systems (DIS), Earthquake Protection Systems (EPS), Fip Industriale SpA, Maurer SE, Taylor Devices, Inc., and Trelleborg AB.