The global demand for Rebar Detector Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Rebar detector is a portable and simple to operate equipment used for on-site testing of reinforced structures to find the position of steel reinforcement bars. It can detect the rebars’ location and direction to a maximum depth of 180 mm beneath the concrete surface. When used along with a monitor, it becomes an efficient system for structural analysis, inspection, and quality control. Using a rebar detector enables better coverage for structural repair work, detects corrosion, and avoids costly rebar hits and damage during coring or drilling of concrete structures. Different variations of the detector integrated with an optical and acoustic indication of rebar location and with switchable display backlight for dark environments are available.
The growing demand for non-destructive testing (NDT) procedures in the construction industry will be the primary stimulant for the rebar detector market. This market will witness a steady growth since these detectors can reinforce production units and value chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times. Continued research and development activities carried out to manufacture detectors integrated with artificial intelligence features for tunnels, retaining walls, concrete slab soffits, bridge slabs, or dams will be a market booster. This sophisticated tool not influenced by concrete composition and humidity is convenient for high coverage accuracy in the telecommunication sector. The restraints hampering the market growth are high capital requirements, intellectual property rights, and regulatory requirements.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of rebar detector.
The entire Rebar Detector market has been sub-categorized into product type, industry. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product Type
- Handheld Type
- Laptop Type
This section covers regional segmentation which accentuates on current and future demand for rebar detector market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Rebar Detector Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the rebar detector market include HILTI, Bosch, Proceq, ZBL, Zircon Corporation, Elcometer, James Instruments, US Radar, Beijing TIME High Technology, ELE International, NOVOTEST. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.