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Lightweight Materials Account for More Than 1/3rd Share in the Global Suspended Scaffolding Market: Fact.MR Study

01-23-2021 01:56 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Lightweight Materials Account for More Than 1/3rd Share in

Suspended Scaffolding Market: Introduction
Suspended scaffolding are raised aerial platforms suspended by ropes fixed atop the highest point of any structure i.e.; buildings, towers among others. These platforms move about the outer façade of a building and can be raised or lowered via the ropes connected to a motor. Suspended scaffoldings are utilized whenever maintenance and cleaning work has to be carried out on the facade of any tall structure. These raised platforms are a safer alternative to other methods adopted to access the outer envelope including single personnel rope harnesses among others. Suspended scaffolding should be sturdy enough to support more than one personnel including equipment but should not be heavy in order to attain low power consumption in the motors. With increased construction activity and general need for periodic façade maintenance in the present scenario, the market for suspended scaffolding is expected to register an uptick in terms of both value and volume in the upcoming forecast period.

Suspended Scaffolding Market: Dynamics

The market drivers responsible for the growth of suspended scaffolding can be attributed to boom in construction activities across major economies of the world. Migration of working class population from rural areas to high potential urban areas has prompted high demand for living spaces leading to construction of high rise building. These building have to be periodically cleaned and maintained with full access to façade only possible from the exterior of the building. This in turn has led to healthy demand for suspended scaffoldings. Various economies across the globe have laid down standards pertaining to manufacture and operation of suspended scaffolding including OSHA by the U.S. economy which can aid in streaming the manufacturing and distribution of equipment and thereby lead to higher revenue returns in the upcoming forecast period. One of the key challenges involved in suspended scaffolding market is the availability of skilled personnel to actually operate the equipment owing to the level of dangers and hazards involved in its operation. Requirement of periodic maintenance of the equipment also leads to higher operating cost which can come across as a restraint to the growth of the suspended scaffolding market.

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COVID-19 impact 

The SARS-CoV-2 pandemic has wreaked havoc across the world with high transmission rates and fatalities. With the closing down of manufacturing facilities and production units, a great loss has been observed. Furthermore, supply chain disruptions have also affected the Suspended scaffolding market greatly. The global outbreak has affected numerous sectors and the Suspended scaffolding market is no exception. The study highlights the positive and negative factors due to the COVID-19 outbreak on the global Suspended scaffolding market. 

Suspended Scaffolding Market: Segmentation

The Suspended Scaffolding market can be segmented as follows.

By product type, the Suspended Scaffolding market can be segmented as:

Single Point
Two Point
Multi Point
Multi-Level
Float Type
Catenary
Others

By Design, the Suspended Scaffolding market can be segmented as:

Linear Platform
Angled Platform
Arched Platform
Adjustable Platform
Others
By end use, the Suspended Scaffolding market can be segmented as:

Non-Residential Construction
Residential
Commercial
Others

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Suspended Scaffolding Market: Regional Outlook

The suspended scaffoldings market is ought to grow with a healthy pace in the forecast period in North America owing to growth witnessed in constructional activities and general requirement for outer envelope maintenance in high rise skyscrapers. On similar lines, Europe is also expected to foresee a steady growth in the suspended scaffolding market in response increased infrastructure construction that has fostered especially in five major European economies. The construction industry in Asia Pacific with a major focus on Japan and China has seen growing strides in the past couple of years and is expected to grow even further in the years ahead. This increase in the end use sector has increased the demand for suspended scaffolding in order to facilitate timely and easy maintenance of high rise structures. Hence, the market in the Asia Pacific is expected to grow on a positive note in the upcoming years. This also holds true for the Oceania as well with large number of middle class immigrants settling in the economy prompting an increased construction activities to cater the influx. Lastly, Middle East is well known for constructing high rise buildings in a short span of time which can aid in positive growth of the suspended scaffolding market in the forecast period.

Suspended Scaffolding Market: Key Participants

Some of the participants involved in the manufacture of the Suspended Scaffolding in the global market are:

Swing-Lo Suspended Scaffold Company
SafeWorks, LLC
Wilhelm Layher GmbH & Co. KG.
Safway Group Holding LLC
HAKI AB
Peri-Werk Artur Schworer Gmbh & Co. KG
ULMA C y E, S. Coop.
Altrex Inc.
Fixator
Sky Climber, LLC

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

Media Release: https://www.factmr.com/media-release/1157/global-suspended-scaffolding-market 

Contact:

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Jumeirah Lakes Towers, Dubai, United Arab Emirates

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Web: https://www.factmr.com/

Why choose Fact.MR?

Reports published by Fact.MR are a result of the combination of our experts and digital technologies. We thrive to provide innovative business solutions to the clients as well as tailor the reports aligning with the clients’ requisites. Our analysts perform comprehensive research to offer ins and outs of the current market situation. Clients across various time zones tend to utilize our 24/7 service availability.

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