Global Tuned Mass Damper Market Infographics Description:
- The global Tuned Mass Damper market was valued at US$ 91.2 Mn in 2019.
- Worldwide Tuned Mass Damper market is projected to reach US$ 154.2 Mn in 2029 at a CAGR of 5.4% from 2019 to 2029.
- Amongst grade type the horizontal TMD Tuned Mass Damper type in the global Tuned Mass Damper market is estimated to account for a majority revenue share of 70.2% in 2019 end, owing to Reliable and robust technology and requires a lesser amount of capital investment
- Among all the application segments, the Large Structures expected to register highest CAGR of over 5.5%, owing increasing government initiatives towards improving infrastructure such as building sea and river bridges for better connectivity
- The China market is expected to dominate the global Tuned Mass Damper market and is expected to account for the largest market revenue share as compared to that of markets in other regions.