Bridge Dampers Market Size, Share, Growth and Industry Analysis by Type (P Tuned mass damper, tuned liquid damper, liquid damper, and, others) By Application (Bridge base isolation, cable stay, and, others) Regional Forecast to 2031

Updated On: 22 April 2024

BRIDGE DAMPERS MARKET REPORT OVERVIEW 

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The global bridge dampers Market size is expanded rapidly in 2022 and market is expected to generate substantial revenue by 2031, exhibiting a high compound annual growth rate (CAGR) from 2022 to 2031.

A bridge damper is also called as a Stockbridge damper. It is basically a device which is used for the purpose of suppressing wind-induced vibration that can impact highly slender structures. Some examples of highly slender structures include, cable-stayed bridges, long cantilevered signs, and overhead power lines.

Dampers are available in different types. Some of the types include fluid viscous dampers, base isolators, liquid dampers, mass dampers, and many more. This is considered as the latest trend in the market.

Bridge damper is an equipment that is used in both aerospace and civil engineering sector. The quality of construction has deteriorated during the recent times. Faulty constructions are increasing the demand for dampers. A lot of factors have helped in the bridge dampers market growth.

COVID-19 impact: Disruption in Construction Sectors Decreased Market Growth

The pandemic of COVID-19 had a negative effect on most of the industries. This was because of the problems faced by many industries in their operation. The price of raw materials increased, as the demand dropped. Construction industry faced a severe disruption as the supply of logistics was also disturbed during pandemic.  

The number of contracts taken up saw a decline during this time. Therefore, the number of bridges, buildings, roads, flyovers, and other infrastructures that were being constructed also reduced drastically. Bridge dampers are mainly installed in bridges and other slender structures. Hence the bridge dampers market also declined during the pandemic.

LATEST TRENDS

"Availability of Different Types of Bridge Dampers to Increase Market Growth"

Bridge dampers are installed during construction of bridges. There are different kinds of dampers available for different necessities. Some of them include liquid dampers, tuned liquid dampers, tuned mass dampers, viscous dampers, and many more.   

These dampers can be installed for various purposes. They are very useful in maintaining the strength of a particular infrastructure especially during natural calamities like earthquakes. Based on the structures of buildings, dampers provide the required solution. This is identified as the latest trend in the market.

BRIDGE DAMPERS MARKET REPORT SEGMENTATION 

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• By Type:

The market can be divided on the basis of type into the following segments:

Tuned mass damper, tuned liquid damper, liquid damper, and, others. The tuned mass dampers segment is anticipated to dominate the market during the forecast period.

• By Application:

Classification based on application into the following segment:

Bridge base isolation, cable stay, and, others. The bridge base isolation segment is predicted to dominate the market during the research and forecast period.

DRIVING FACTORS

"Growing Incorporation of Dampers in Civil Engineering to Accelerate Market Growth"

Originally dampers were invented for aerospace needs. Fluid viscous dampers were manufactured to be used in NASA. However, now they are not just limited to be used for aeronautical purposes, but they are also being incorporated in civil engineering sectors. These dampers protect buildings from external threats like very strong winds, and also seismic events.

Low or mid-rise building dampers help in preserving the structural integrity of buildings by absorbing earthquake energies. They prevent the falling down of such structures and also avoid damages that could be inflicted on the surroundings. Also, dampers reduce stress, acceleration, and, deflection. Need for maintaining these devices will also not arise. All of these factors are accelerating the market growth.

"Faulty Construction of Several Buildings to Propel Market Growth "

Buildings that are being constructed recently are not of good quality. Several constructions are very hallowed and do not possess the strength to bear any kind of wears and tears. Increasing faulty construction incidents are influencing engineers to install bridge dampers or any kind of suitable dampers during the process of construction. This has increased the demand for bridge dampers. 

Base isolation systems are highly effective in bringing down structural excitation. This is done by decoupling structures physically from their base or from the ground. High rise building dampers are used for very tall buildings. Fluid viscous dampers can act as protection agents to buildings against any external threats. Most of the bridges do not remain strong or elastic during earthquake events. Hysteretic damping is installed to achieve energy dissipation. In this way the advantages provided by bridge dampers is propelling market development.

RESTRAINING FACTOR

"Poor Quality of Dampers to Decrease Market Growth"

Bridge dampers are meant to protect the structural integrity of any building.  They are supposed to absorb or dissipate shock waves and energy during earthquakes. Hence these devices must be very strong and should possess strength and stability. Good quality dampers can prevent massive damages during natural calamities.

However, poor quality dampers can prove to be detrimental as they might not be able to perform their function properly. Mistakes in manufacturing, and usage of low-quality materials can degrade their quality. Installing bridge dampers can be a costly process as well. All of these factors can deteriorate bridge dampers market share.

BRIDGE DAMPERS MARKET REGIONAL INSIGHTS 

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"Asia Pacific to Dominate Market Share in Upcoming Years"

Asia Pacific is the region that is expected to occupy majority of the market share in the upcoming years. The main reason for this is the rapid growth of construction industry many countries here.

Many big buildings and infrastructures are erected every day in some of the developed economies in Asia Pacific. In order to ensure the safety of these infrastructure, bridge dampers are installed. Also, countries like Japan, in Asia Pacific constantly receive earthquake threats. Hence bridge damper is an essential equipment that has to be used while constructing buildings.

Key Industry Players

"Leading Players adopt Acquisition Strategies to Stay Competitive "

Several players in the market are using acquisition strategies to build their business portfolio and strengthen their market position. In addition, partnerships and collaborations are among the common strategies adopted by companies. Key market players are making R&D investments to bring advanced technologies and solutions to the market.

List of Market Players Profiled

• Damptech (Denmark)
• Taylor Devices, Inc. (U.S.)
• Vicoda Group (Germany)
• ITT Enidine (U.S.)
• KOYO Seiki (Japan)
• CTS Industries (Industries)
• mageba Co. (Switzerland)
• Pfisterer (Germany)
• Dellner Dampers (Sweden)
• Sumitomo Rubber Industries, Ltd. (Japan)

Report Coverage

The report provides an insight into the industry from both the demand and supply sides. Further, it also gives information on the impact of COVID-19 on the market, the driving and the restraining factors along with the regional insights. Market dynamic forces during the forecast period have also been discussed for the better understanding of the market situations. A list of key industry players has also been listed to get a better understanding of the competition in the market.