Market Research Report
Geo Technical Market: By Type (Unbonded Post-Tensioning System, Bonded Post-Tensioning System); By Application (Buildings, Bridge & Entertainment Complex, Energy, Others); By Geography (North America, Europe, Asia- Pacific, RoW) - Forecast 2019-2023
|Published by||IndustryARC||Product code||637354|
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|Geo Technical Market: By Type (Unbonded Post-Tensioning System, Bonded Post-Tensioning System); By Application (Buildings, Bridge & Entertainment Complex, Energy, Others); By Geography (North America, Europe, Asia- Pacific, RoW) - Forecast 2019-2023|
|Published: December 26, 2018||Content info:||
Post-tensioning is a strategy for fortifying (reinforcing) concrete or different materials with high-quality steel strands or bars, regularly alluded to as tendons. Post tensioning helps in designing any structure almost any shape of structure to be constructed, while reducing environmental impacts, construction time, materials and others. Post-tensioned frameworks are regularly held to a higher standard and examination in respect to cost and performance expectations. Post-tensioning applications include office and apartment buildings, parking structures, slabs-on-ground, bridges, sports stadiums, rock and soil anchors, and water-tanks.
Post-tensioned applications associated with the bridges help the engineers to develop demanding geometry requirements such as complex curves with in the construction and others. With the post-tensioned systems, advantages associated bridge construction applications includes increased load carrying capacity, reduced structural depths, increased life span of bridges among others. In buildings post tensioned applications include floor systems, post-tensioned foundations and ground anchors, post-tensioned masonry walls, moment resisting frames among others. Advantages associated with post-tensioning in buildings include increased frame stiffness, reduction of reinforcement applications thus resulting in the faster construction cycle. In case of power generation sectors such as wind power industry post-tensioning systems helps in maximum security and reliability in the stressing of concrete foundations or tower segments.
Factors like high installation cost of geotechnical equipment, slow adoption rate in emerging countries such as Brazil, India and others restrain the geotechnical market during the forecast period.
This report categorizes the market mainly into two different segments, namely: market by type and applications. Based on type, the report is categorized into unbonded post-tensioning system and bonded post-tensioning system. By application, report is divided into buildings, bridge & entertainment complex, Energy and some others. Moreover Geo Technical market report is segregated based on geographic regions that include North America, Europe, APAC and RoW to provide intense knowledge, exhaustive analysis of the market.
The Geo Technical equipment market is expected to reach $XXm by 2023, growing at a CAGR of XX% between 2017 and 2023. The growth of this market is propelled by the increasing infrastructural investment across various countries all over the world, failure of structures resulting in loss of lives, strict environmental regulations relating to the sustainability of structures, increased awareness regarding the superior benefits of geo technical systems among others.
The overall market is also presented from the perspective of different geographic regions and the key countries in each region. North America and Europe are the key regions for Geo technical market. North America is the leading the market with a global market share of XX%. U.S., Canada, Mexico are the main players of the North American geo technical market because of the high number of construction projects implementing the post tensioning systems in order to ensure the safety of their structures. Europe held the second largest market share of XX% in 2016. Asia Pacific was ranked third with a market share of XX% in the same year. Asia Pacific is considered as the fastest growing segment during the forecast period owing to increase in production facilities, increased R&D expenditures in the infrastructure segment.
Key players of the Geo Technical market include VSL International Ltd. (Switzerland), Suncoast -Tension (U.S.), SRG Global (U.S.), Amsysco,Inc., among others. The market is analyzed based on the key attributes such as the power in the hands of producers and consumers, analysis on the degree of competition, and threats from substitutes and new entrants. The study includes the demand of this particular market on a global and regional scale for a six year period of 2017-2023.