Home > Construction > Construction Equipment > Viscoelastic Dampers Market
Viscoelastic Dampers Market size was valued at USD 2.5 billion in 2023 and is anticipated to grow at a CAGR of over 10% between 2024 and 2032. Rapid urbanization and infrastructure development, especially in emerging economies, are driving the demand for VEDs. The construction of high-rise buildings, bridges, and other infrastructure projects necessitates the use of advanced damping systems to ensure structural stability.
For instance, in June 2023, MAURER, in collaboration with Getzner Werkstoffe GmbH, developed the new SIP-V-bearing. This innovative component uses four SIP-V units to isolate the highly sensitive building core from two vastly different load cases such as high-frequency vibrations and earthquakes. To prevent the slender structure of the building core from tilting, MAURER also installed four hydraulic dampers on the top floor to support the tilting moment.
Report Attribute | Details |
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Base Year: | 2023 |
Viscoelastic Dampers Market Size in 2023: | USD 2.5 Billion |
Forecast Period: | 2024-2032 |
Forecast Period 2024-2032 CAGR: | 10% |
2032 Value Projection: | USD 6 Billion |
Historical Data for: | 2021-2023 |
No. of Pages: | 220 |
Tables, Charts & Figures: | 304 |
Segments covered: | Material Type, Application, End-Use Industry, Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Viscoelastic dampers (VEDs) have seen growing adoption worldwide, driven by escalating concerns over seismic risks in earthquake-prone regions. These dampers play a crucial role in enhancing the earthquake resilience of buildings and infrastructure by mitigating seismic vibrations and dissipating energy during earthquakes. The increasing focus on ensuring structural safety and minimizing damage has spurred the integration of VEDs in a wide range of applications, including commercial buildings, bridges, industrial facilities, and critical infrastructure.
This trend is further supported by advancements in damper technology, which continue to improve performance and cost-effectiveness, making VEDs a preferred solution for seismic risk mitigation strategies globally. Governments are also encouraging their use through rules and guidelines. Overall, VEDs are becoming popular because they help buildings withstand earthquakes better, which keeps people and property safer.
Proper installation and integration of VEDs require careful engineering and design considerations. Engineers need to accurately calculate damping requirements and ensure compatibility with existing structures. The complexity of installation can lead to higher labor costs and potential delays. While VEDs are designed for durability, they require regular inspection and maintenance to ensure they continue to perform effectively over time. Neglecting maintenance can lead to reduced damping effectiveness or even failure during seismic events.