Space Frame Market Study by Competitive Analysis and Future Prospects to 2026

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Space Frame Market - Development Trends and Growth Drivers Analysis by 2026 Robust innovations in building designs and elevating demand for lightweight robust materials in the construction sector is anticipated to fuel space frame market growth by 2026. Space frames are extensively used in airports, aesthetic building structures and music concerts infrastructures. They are also used in exhibition pavilions, warehouses, assembly halls, sports arenas, workshops, live concerts, transportation terminals and airplane hangars. In addition, canopies, exterior walls, long span roof tops and floors are some other areas where space frames find application.

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These frames can by contracted and extended easily as per infrastructural requirement, a feature that is raising its popularity and demand globally. Given to rising demand, several space frame manufacturers are developing new products and solutions that are specific to certain industries. For example, in 2014, GE renewable energy announced the launch of its new space frame tower for multi-megawatt wind turbines. On account of its growing application, Global Market Insights, Inc., estimates that the space frame market may exceed USD 600 million by 2026.

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