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Global Rebar Detector Market Growth 2019-2024

Global Rebar Detector Market Growth 2019-2024

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Global Rebar Detector Market Growth 2019-2024
Global Rebar Detector Market Growth...
Report Code
RO8/109/2100

Publish Date
15/Feb/2019

Pages
164
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Non Destructive Testing (NDT) methods are popular for routine inspection of bridge members. With the ability of new highly technical systems, some of these NDT techniques can be used for reinforcing steel rebar location in concrete bridge decks without destruction of the members being tested. Use of these techniques has the ability to minimize traffic restrictions related to field data collection and to improve design and asset management.
Rebar detector is one of the NDT, which are used to locate the steel bar embedded in concrete before drilling and before taking core test.
It is the easiest and fastest ways for detecting reinforcing bar in concrete. It is widely used before coring or drilling holes to find "safe spots".
It will indicate rebar location, direction and also will give an indication of the depth of concrete cover.
The industry is a mature one, which has entered the post-competition phase into a brand-creating era, whereby competition will turn from pure price competition to multi-faceted brand competition consisting of service, management and shopping environment.
The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. There hardly to have obvious technology breakthrough except deeper system function integration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.
Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions' unfair methods of competition.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive. The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.

According to this study, over the next five years the Rebar Detector market will register a 5.8% CAGR in terms of revenue, the global market size will reach USD 130 million by 2024, from USD 95 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Rebar Detector business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Rebar Detector market by product type, application, key manufacturers and key regions and countries.

This study considers the Rebar Detector value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Handheld Type
Laptop Type
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Construction
Communication
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
HILTI
Bosch
Proceq
ZBL
Zircon Corporation
Elcometer
James Instruments
US Radar
Beijing TIME High Technology
ELE International
NOVOTEST

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Rebar Detector consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Rebar Detector market by identifying its various subsegments.
Focuses on the key global Rebar Detector manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Rebar Detector with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Rebar Detector submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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