Global Deflectometer demand is anticipated to be valued at USD 650 Million in 2022, forecast to grow at a CAGR of 8% to be valued at USD 1.4 Billion from 2022 to 2032.
Since the past few years, rapid urbanization, industrialisation and economic growth rates are significantly boosting construction and building activities.
Report Attribute | Details |
---|---|
Estimated Base Year Value (2021) | USD 600 Million |
Expected Market Value (2022) | USD 650 Million |
Anticipated Forecast Value (2032) | USD 1.4 Billion |
Projected Growth Rate (2022 to 2032) | 8% CAGR |
These developments are creating the need for constant upgradations in infrastructure and properties, which has resulted in an increase in the number of construction activities for infrastructure and roadways. This trend has resulted in an increase in the need for using testing equipment and devices such as deflectometers.
The manufacturers of deflectometers are witnessing an increase in the demand for deflectometers since the past few years due to the unique and necessary applications of deflectometers in construction areas. The manufacturers of deflectometers are offering their products in different types, such as benchtop, heavy duty and others, for providing industry-specific deflectometers.
Moreover, deflectometers are available as per their varying application areas, which is resulting in the increasing popularity of deflectometers for the improvement of the quality of pavements and construction projects. For example, the LWD Lightweight Deflectometer is used for the determination of the overall compaction quality of different types of earthworks.
LED devices are preferred for their fast, simple and repeatable tests as these tests can provide more reliable results for end users.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The increasing applications of deflectometers in the process of deflection testing is one of the prime factors driving the market as deflection testing is used for the analysis and designing of highways. Due to changing end user requirements, manufacturers are performing constant modifications so that these deflectometers can test pavements of any type.
The increasing importance of studying pavement properties is one of the prime factors fuelling the growth of the deflectometer market. The applications of deflectometers for performing operations such as pavement rehabilitation & overlay, PCC joint sealing evaluation, void detection, spring load restrictions and others, is expanding the areas of application and increasing demand for deflectometers.
In addition, deflectometers are available with integrated Wi-Fi, USB, GPS and others. These are some of the key factors that are significantly driving the deflectometer market.
The challenges associated with the growth of the global Deflectometer market are variation in regulatory standards for different regions or countries. Furthermore, the high prices of deflectometers is one of the major challenges hindering the growth of the deflectometer market.
As per the FMI analysis, The Europe deflectometer market is expected to follow the North America deflectometer market in terms of demand due to the rapid adoption of analytical instruments for testing and ensuring the quality of roads and infrastructures. Demand in the region is expected to register a significant CAGR due to rapid industrialisation, which is ultimately fuelling the demand for deflectometers in this region.
According to Future Market Insights, North America is expected to have the prominent market share of Deflectometers during the forecast period. The increasing construction and infrastructural development activities in the region are among the prime factors creating an increasing need for the usage of advanced testing equipment such as deflectometers, which is among factors driving the North American deflectometer market. The North America deflectometer market is prominent in terms of the demand for deflectometers due to the demand for high-quality infrastructure in this region.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Some of the leading providers of deflectometers include Illinois Tool Works Inc., PaveTesting Limited, ARA, Olson Instruments, Dynatest, Aimil Ltd., Humboldt Mfg. Co., Controls Group, EPSILON TECHNOLOGY CORP, Abatech and others. Constant innovations in their products to deliver products of better quality is one of the prime strategies followed by the manufacturers of deflectometers. In addition, manufacturers are also focusing on geographical expansion for increasing the sales of their products by entering into new markets. For example, Humboldt Mfg. Co., which is one of the leading manufacturers of deflectometers, is offering LWD with features such as colorful display, in-built light sensor, easy navigation menu and others. These advancements are fuelling the demand for deflectometers.
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 8% from 2022 to 2032 |
Market Value in 2022 | USD 650 Million |
Market Value in 2032 | USD 1.4 Billion |
Base Year for Estimation | 2021 |
Historical Data | 2017 to 2021 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Million, Volume in Kilotons and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered | Equipment, Region |
Regions Covered | North America; Latin America; Europe; Asia Pacific; Middle East and Africa |
Key Countries Profiled | USA, Canada, Brazil, Mexico, Germany, UK, France, Spain, Italy, Russia, BENELUX, China, Japan, South Korea, GCC, South Africa, Turkey |
Key Companies Profiled | Tool Works Inc.; PaveTesting Limited; ARA; Olson Instruments; Dynatest, Aimil Ltd.; Humboldt Mfg. Co.; Controls Group,; EPSILON TECHNOLOGY CORP; Abatech |
Customization | Available Upon Request |
FMI projects the global Deflectometer market to expand at an 8% value CAGR by 2032
North America is expected to be the most opportunistic Deflectometer market.
Tool Works Inc., PaveTesting Limited, and ARA, are some prominent Deflectometer manufacturers.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Deflectometer Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 5. Global Deflectometer Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Equipment Type 5.1. Falling Weight 5.2. Light Weight 5.3. Rolling Wheel 6. Global Deflectometer Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 6.1. North America 6.2. Latin America 6.3. Europe 6.4. Asia Pacific 6.5. MEA 7. North America Deflectometer Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 8. Latin America Deflectometer Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 9. Europe Deflectometer Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10. Asia Pacific Deflectometer Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11. MEA Deflectometer Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12. Key Countries Deflectometer Market Analysis 13. Market Structure Analysis 14. Competition Analysis 14.1. Illinois Tool Works Inc 14.2. PaveTesting Limited 14.3. Olson Instruments 14.4. Dynatest 14.5. Aimil Ltd 14.6. Humboldt Mfg 14.7. EPSILON TECHNOLOGY 14.8. Abatech 14.9. Controls Group 15. Assumptions & Acronyms Used 16. Research Methodology
Explore Testing Equipment Insights
View Reports