Seismic Bracing Systems Market
Seismic Bracing Systems Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Seismic Bracing Systems Market Size and Growth
The Seismic Bracing Systems market is experiencing robust growth due to increasing demand for infrastructure safety and resilience. In 2023, the market size is estimated at approximately $1.2 billion, driven by heightened earthquake awareness and stringent building codes. Innovations in materials and design are expected to further propel market expansion. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Sumitomo Riko
◍ Vibracoustic
◍ Contitech
◍ Boge
◍ Bridgstone
◍ TOYO TIRE & RUBBER CO.,
◍ Hutchinson
◍ Henniges Automotive
◍ Cooper Standard
◍ TUOPU
◍ Zhongding
◍ Yamashita
◍ JX Zhao's Group
◍ Asimco
◍ DTR VSM
◍ Luoshi
◍ GMT Rubber
The Seismic Bracing Systems Market features key players like Sumitomo Riko, Vibracoustic, and Bridgestone, leveraging innovative materials and technologies to enhance structural safety. These companies contribute to market growth through research, product development, and expanding applications within the automotive and construction sectors, enhancing resilience against seismic events. Sales revenue figures include:
- Sumitomo Riko: ~$1.5 billion
- Vibracoustic: ~$1.3 billion
- Bridgestone: ~$28 billion
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Market Segmentation
By Application
◍ General Industry
◍ Marine Industry
◍ Transportation Vehicles
◍ Others
By Product
◍ Cylindrical Mounts
◍ Bushing Mounts
◍ Conical Mounts
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Market Growth
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$ X Billion USD
