Flood Break Automatic Floodgates Market REPORT OVERVIEW
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global flood break automatic floodgates market size was USD 719.1 Million in 2022 and market is projected to touch 1640.92 Million by 2031, exhibiting a CAGR of 9.6% during the forecast period.
Floodgates, often referred to as stop gates, are movable gates used to regulate water flow in flood barriers, reservoirs, rivers, streams, and levee systems. When used as part of a levee or storm surge system, they can be built to completely stop water flow or to alter the flow rate in sluices and canals. They can also be built to set the height of spillways in dams. These systems are sometimes referred to as crest gates since the majority of them work by regulating the height of the water surface that is being stored or channeled. In the case of flood bypass systems, floodgates may also be utilized to decrease water levels in the main river or canal channels by allowing more water to flow into a flood bypass or detention basin when the main river or canal is on the verge of flooding.
Vent gratings, ramps leading to driveways, building entrances, and other vulnerable flood routes were historically protected using active flood mitigation techniques that required power systems and human labor. Automatic floodgates, a modern substitute, provide permanent passive flood protection without the need for electricity or assistance from humans. Throughout unexpected storm surges, flash floods, and other associated flood occurrences, the automated floodgate is operational around-the-clock.
COVID-19 Impact: Disrupted Transportation to Hamper the Market Growth
Covid badly affected the flood break automatic floodgates market due to supply chain disruptions and shortage in raw materials was also observed. Shortage of labor and strict protocols such as lockdowns and restrictions on movement created roadblocks, disruptions in end-use sectors of the product led to lower demand.
LATEST TRENDS
"Manual Use During Emergency to Augment the Market"
In order to prevent accidents and disasters during the rising flood waters, flood break automatic floodgates are self-raised gates or may be actuated by a push button. An extra function that may be used manually in an emergency is the flood break automatic floodgates. Due to the fact that conventional flood control methods, no matter how well constructed they may be, cannot always guard against catastrophic floods, demand for flood break automatic floodgates is on the rise.
To guard against expensive insurance claims and prevent bacterial contamination, flood break automatic floodgates are frequently used in basements, hospitals, schools, residences, elevator pits, and electrical and computer rooms, among other places. Moreover, some of the popular automated floodgates available on the market are swing-hinged, slide, pivot, and lift-hinged.
Flood Break Automatic Floodgates Market Segmentation
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- By Type Analysis
By type, market is segmented into fully automatic systems and semi-automatic systems. The fully automatic systems type segment will dominate the market in the coming years.
- By Application Analysis
Based on applications, the market is classified into levees, reservoirs, areas of hurricane or typhoon and others. The levees segment will lead the global share through 2028.
DRIVING FACTORS
"Strict Government Regulations During the Design and Installation to Push the Market"
For both high and low head situations, flood break automatic floodgates have the ability to close with a tight seal without the need for user interaction or human intervention. However, there are occasions when the forces generated by a sewage backup are sufficient to open and close the valve without the need for electricity or external power. Over the projected period, it is anticipated that the aforementioned reasons will fuel the worldwide market for flood break automatic floodgates. Moreover, throughout the forecast period, the market for automatic floodgates is anticipated to be driven by strict government regulations during the design and installation of these gates.
"Ease of Installation and Reduced Space Requirements to Impel the Market"
Some significant reasons influencing the growth of the flood break automatic floodgates market are their ease of installation and reduced space requirements owing to its placement close to the building's drain outflow. The complete port characteristic of the flood break automatic floodgates assists in preventing flow blockage, and the cast iron and stainless-steel body of the floodgate provide it long life and durability.
RESTRAINING FACTORS
"Problems with High Head Pressure to Impede the Market Growth"
However, the installation of gates in bigger hydraulic systems causes problems with high head pressure brought on by the premature closure of the secondary gate, which is anticipated to restrain the expansion of the worldwide flood break automatic floodgates market during the course of the forecast period. Also, due to the floating arm changing position from its original configuration, constant adjustments and maintenance are needed.
Flood Break Automatic Floodgates Market REGIONAL INSIGHTS
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"Asia Pacific’s Flood Break Automatic Floodgates Market to Grow Exponentially with the Forecasted Period"
Due to major recent installations of flood break automatic floodgates in nations like Germany, the United Kingdom, Italy, Spain, Austria, and Ireland, among others, Europe currently has a disproportionate share of the worldwide market. In addition, the North American automated floodgate maintains a sizable portion of the worldwide flood break automatic floodgates market as a result of growing awareness and a shift in emphasis toward cutting-edge technologies that do not require electricity or human involvement. As more flood break automatic floodgates are installed in flood-prone locations like India, Indonesia, Vietnam, and China, among others, the Asia Pacific market is predicted to develop significantly in the near future. Moreover, government initiatives and consumer awareness are contributing to the growth of the market for flood break automatic floodgates. During the course of the forecast period, the markets for automotive floodgates in South America and the Middle East & Africa are also anticipated to rise significantly.
KEY INDUSTRY PLAYERS
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead in the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolio.
List of Market Players Profiled
- AWMA (U.S.)
- Flood Control International (UK.)
- IBS Engineered Products (Germany)
- Flood Break (China)
- MM Engineering (India)
- Parafoil (Singapore)
- Hunton Engineering (UK.)
- Floodgates Ireland (Ireland)
- Flood Control Asia RS (Phillippines)
REPORT COVERAGE
The market research study examines the worldwide market in detail, focusing on important elements such as leading players, product/services or type, and leading end-use applications. Aside from that, the research analyses major advancements and provides insights into lighting market trends. In addition to the causes indicated above, the paper includes a number of other factors that have contributed to recent growth.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 719.1 Million in 2022 |
Market Size Value By |
US$ 1640.92 Million by 2031 |
Growth Rate |
CAGR of 9.6% from 2022 to 2031 |
Forecast Period |
2023-2031 |
Base Year |
2022 |
Historical Data Available |
Yes |
Segments Covered |
Type and Application |
Regional Scope |
Global |
Frequently Asked Questions
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What value is the flood break automatic floodgates market expected to touch by 2031?
Over the research period, the flood break automatic floodgates market will be reaching USD 1640.92 Million by 2031.
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What CAGR is the flood break automatic floodgates market expected to exhibit by 2031?
The flood break automatic floodgates market is expected to exhibit a CAGR of 9.6% by 2031.
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Which are the driving factors of the flood break automatic floodgates market?
Strict government regulations during the design and installation and ease of installation and reduced space requirements are the driving factors of the flood break automatic floodgates market.
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Which are the top companies operating in the flood break automatic floodgates market?
Flood Control Asia RS, Hunton Engineering, MM Engineering and IBS Engineered Product are the top companies operating the flood break automatic floodgates market.