Global Building Damping Products Market Growth 2023-2029

Global Building Damping Products Market Growth 2023-2029

The global Building Damping Products market size is projected to grow from US$ 384.5 million in 2022 to US$ 551.5 million in 2029; it is expected to grow at a CAGR of 5.3% from 2023 to 2029.

The key manufacturers of Building Damping Products include Yunnan QuakeSafe Seismic Isolation Technologies and Sumitomo Rubber Industries, SENQCIA, and Kawakin Holdings, etc.

The top four manufacturers have a combined market share of about 23%. The main market is the Asia-Pacific region, accounting for about 85% of the world market. Among them, China and Japan are the two major customers， accounting for more than 35% of the global market.

Building damping products are mainly divided into viscous damper, viscoelastic damper, tuned mass damper, shear damper and other types. Viscous damper and viscoelastic damper are the two main product segments, accounting for about 46% and 30% of the market, respectively.

At present, the products are mainly used in commercial buildings and residential areas, among which the sales of commercial buildings account for about 78% of the total sales.

Dampers are strategically placed in the building structure to control floor vibrations and building displacement, cater for occupancy comfort and mitigate against major seismic events.The energy generated by floor vibration and building displacement is absorbed by the dampers and dissipated though heat energy. The building occupants will experience less floor vibration, smaller building displacements and overall a better occupancy comfort, even in an earthquake.

LPI (LP Information)' newest research report, the “Building Damping Products Industry Forecast” looks at past sales and reviews total world Building Damping Products sales in 2022, providing a comprehensive analysis by region and market sector of projected Building Damping Products sales for 2023 through 2029. With Building Damping Products sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Building Damping Products industry.

This Insight Report provides a comprehensive analysis of the global Building Damping Products landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Building Damping Products portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Building Damping Products market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Building Damping Products and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Building Damping Products.

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

Market Segmentation:

Segmentation by type
Viscous Damper
Viscoelastic Damper
Tuned Mass Damper
Shear Damper
Others

Segmentation by application
Commercial Building
Residential
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Sumitomo Rubber Industries
Yunnan QuakeSafe Seismic Isolation Technologies
Kawakin Holdings
SENQCIA
Taylor Devices
GERB
Oiles Industry
Enidine
Sanwa Tekki Corporation
Maurer
WUXI FUYO TECH
Quaketek
Tokiwa System

Key Questions Addressed in this Report

What is the 10-year outlook for the global Building Damping Products market?

What factors are driving Building Damping Products market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Building Damping Products market opportunities vary by end market size?

How does Building Damping Products break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.