Bridge Bearings Market Growth Trends: Regional Breakdown and Key Player Forecast (2024-2031) | Reyssinet, Gumba GmbH & Co. KG, Mekano 4, DIXON INTERNATIONAL GROUP LTD

Bridge Bearings Market Research Report By DataM Intelligence: A comprehensive analysis of current and emerging trends provides clarity on the dynamics of the Bridge Bearings market. The report employs Porter's Five Forces model to assess key factors such as the influence of suppliers and customers, risks posed by different entities, competitive intensity, and the potential of emerging entrepreneurs, offering valuable insights. Additionally, the report presents research data from various companies, including their benefits, gross margins, and strategic decisions in the global market, all conveyed through tables, charts, and infographics.

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What is the projected growth rate (CAGR) of the Global Bridge Bearings market from 2024 to 2031, and what is the market value expected to change by 2031?

The Global bridge bearings market reached USD 877.9 million in 2022 and is expected to reach USD 1,1191.9 mllion by 2030, growing with a CAGR of 4.0% during the forecast period 2024-2031

What is Bridge Bearings Market?

Bridge bearings are structural components used to support and transfer loads between a bridge superstructure and its substructure, such as piers or abutments. They accommodate the movement of the bridge due to factors like thermal expansion, contraction, and live loads (traffic), while also providing stability and ensuring the bridge's overall integrity. Bridge bearings can be made from various materials, including elastomeric rubber, steel, and composite materials, and come in different designs, such as fixed bearings, expansion bearings, and sliding bearings, each serving specific functions based on the bridge's design and environmental conditions.

Growing Infrastructure Development

Rising investments in infrastructure development from both government and private sectors around the globe are fueling the demand for bridge bearings. According to the Global Infrastructure Outlook by the Global Infrastructure Hub, it is estimated that the world needs to invest approximately USD 94 trillion in infrastructure between 2016 and 2040. This substantial investment is anticipated to boost the demand for bridge bearings and other related construction components.

Key Players:

Profiles of some of the major players in the global Bridge Bearings market, which include:

Reyssinet, Gumba GmbH & Co. KG, Mekano 4, DIXON INTERNATIONAL GROUP LTD., VSL International Ltd, MAURER SE, Canam Group plc, Epic Polymer Systems Corp., KantaFlex and Ekspan Limited

Industry Development:

In October 2022, teams from Freyssinet Spain collaborated with Acciona, Tecade, and other organizations to carry out significant repairs and enhancements on El Centenario Bridge in Seville.

In April 2022, SKF conducted extensive testing and qualification to demonstrate that its simple bearings were suitable for use on the 4 km-wide Turkish bridge. This bridge, which is the longest suspension bridge in the world, features SKF bearings and showcases impressive engineering.

On January 12, 2018, during a three-hour traffic closure, engineers from NF Railway made adjustments to the bearing arrangements of the renowned Saraighat Bridge.

The purpose of the report is to offer a comprehensive analysis of the market, along with insightful conclusions, statistical data, historical information, market data that has been confirmed by the industry, and predictions based on a sound methodology. By identifying and examining market segments and forecasting global market size, the study also contributes to understanding the dynamics and structure of the global Bridge Bearings market.

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Market Segments:

The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviours.

By Material: Steel, Rubber, Combined

By Type: Elastomeric Bearing, Pot Bearing, Roller Bearing, Spherical Bearing, Siding Plate Bearing, Others

By Application: Highway, Railway, Others

Regional Break out:

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

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