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Rebar Detector Market is expected to reach 150 Million US$ by 2025 – QY Research

October 11, 2018 --


"QYResearch, Inc."
QYResearch (QYR) (www.qyresearch.com) has published a new report titled, ‘Global Rebar Detector Market Insights, Forecast to 2025’.

This report presents the worldwide Rebar Detector market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.

This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Non Destructive Testing (NDT) methods are popular for routine inspection of bridge members. With the ability of new highly technical systems, some of these NDT techniques can be used for reinforcing steel rebar location in concrete bridge decks without destruction of the members being tested. Use of these techniques has the ability to minimize traffic restrictions related to field data collection and to improve design and asset management.

Rebar detector is one of the NDT, which are used to locate the steel bar embedded in concrete before drilling and before taking core test.

• It is the easiest and fastest ways for detecting reinforcing bar in concrete. It is widely used before coring or drilling holes to find “safe spots”.

• It will indicate rebar location, direction and also will give an indication of the depth of concrete cover.

The industry is a mature one, which has entered the post-competition phase into a brand-creating era, whereby competition will turn from pure price competition to multi-faceted brand competition consisting of service, management and shopping environment.

The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. There hardly to have obvious technology breakthrough except deeper system function integration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.

Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions’ unfair methods of competition.

Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive. The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.

The Rebar Detector market was valued at 95 Million US$ in 2017 and is projected to reach 150 Million US$ by 2025, at a CAGR of 5.8% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Rebar Detector.

Request Sample Copy of [email protected] https://www.qyresearch.com/sample-form/form/742690/global-rebar-detector-market

The following manufacturers are covered in this report:

    HILTI

    Bosch

    Proceq

    ZBL

    Zircon Corporation

    Elcometer

    James Instruments

    US Radar

    Beijing TIME High Technology

    ELE International

    NOVOTEST

 

Rebar Detector Breakdown Data by Type

    Handheld Type

    Laptop Type

 

Rebar Detector Breakdown Data by Application

    Construction

    Communication

    Others

 

Rebar Detector Production by Region

    United States

    Europe

    China

    Japan

    Other Regions

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