Global Tuned Mass Damper Market By Product Type (Vertical Tmd, Horizontal Tmd), By Application (Large Structures, Narrow Structures, Wide Structures, Others), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2019-2028
- Published date: Nov. 2024
- Report ID: 30661
- Number of Pages: 204
- Format:
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Report Overview
The Global Tuned Mass Damper (TMD) Market is projected to be US$ 86.6 Mn in 2018 to reach US$ 146.3 Mn by 2028 at a CAGR of 5.4%.
A tuned mass damper (TMD) is a device designed to reduce the amplitude of vibrations in structures, thereby increasing stability and safety. The device is made up of a mass mounted on springs and dampers, which vibrates out of phase with the structure it is attached to. By doing so, it effectively counters the vibrations caused by external forces like wind or seismic activity. This not only minimizes motion but also enhances the overall structural integrity of buildings, bridges, and other constructions vulnerable to dynamic loads.
The market for tuned mass dampers is driven by a growing need for vibration control in various structures, from skyscrapers to bridges and beyond. This need is particularly acute in areas prone to earthquakes and high winds. The market benefits from the increasing number of tall buildings and infrastructure projects worldwide, which require advanced solutions for vibration damping to ensure longevity and occupant comfort.
trending_up Total Revenue in 2018$ 86.6 Mn
trending_up Market CAGR of the Next Ten Years5.4%
no_encryption Market Value (US$ Mn), Share (%) and Growth Rate (%) Comparison 2012-2028Purchase this report or a membership to unlock the market value (US$ Mn), share (%) and growth rate (%) comparison for this industry.- By Type
- By Region
- By Application
no_encryption Leading Companies Financial HighlightsPurchase this report or a membership to unlock the leading companies financial highlights for this industry.trending_up Market Revenue of the Next Ten Years$ 146.3 Mn
Government initiatives – Government initiatives such as sea and river bridges for better connectivity is anticipated to drive the market growth as long decks, pedestrian walkways etc. require tuned mass damper for dampening the oscillations.
Reliable and robust technology – Tuned mass damper is a simple yet very reliable and robust technology. It requires a lesser amount of capital investment, and it is very low maintenance, which is forecasted to drive the market forward.
Global Tuned Mass Damper (TMD) Market Revenue (US$ Mn), 2018–2028
Major driving factors for the TMD market include increasing urban development and the need for resilient infrastructure capable of withstanding natural disasters such as earthquakes and storms. As cities grow taller and more dense, the demand for technologies that can mitigate structural vibrations and enhance safety is critical. Additionally, regulations and building codes that emphasize safety are pushing for the integration of vibration damping technologies in construction projects.
Demand in the tuned mass damper market is high among sectors that involve large-scale structures, such as construction and transportation. The application of TMDs in skyscrapers, bridges, and historical monuments to preserve structural integrity and extend their service life is a significant demand driver. The increasing awareness among engineers and architects about the benefits of TMDs in reducing maintenance costs and enhancing safety also contributes to market demand.
Opportunities within the TMD market are abundant, particularly in retrofitting older structures which were not originally equipped with these damping systems. There is also significant potential in emerging markets, where rapid urbanization and infrastructure development are ongoing. Innovations that lead to more efficient and cost-effective mass dampers could expand the market further, making them more accessible for a wider range of applications.
Technological advancements in materials and design are key to the evolution of tuned mass dampers. Modern TMDs are becoming more sophisticated with the integration of sensors and real-time monitoring systems that adjust damping effects dynamically in response to changing environmental conditions. Such innovations not only improve the effectiveness of TMDs but also their applicability in complex structural configurations.
Global Tuned Mass Damper (TMD) Market by Product Type, 2018
On the basis of region, the market is segmented into North America, Europe, China, Japan and Rest of the World. China accounts for the majority share in the global tuned mass damper market, owing to increasing government initiatives towards improving infrastructure such as building sea and river bridges for better connectivity. Also, China is expected to register the highest growth rate over the forecast period. Countries and regions such as North America, Europe and Japan are expected to register stable growth over the forecast period.
The research report on the global tuned mass damper market includes profiles of some of the major companies such as Taylor Devices, Inc., GERB Schwingungsisolierungen GmbH & Co KG, Design, Imaging, & Control, Inc., Vibratec Akustikprodukter AB, TVS Acoustics, Jiangsu ROAD Damping Technology CO., Ltd.
Key Market Segments
Type
- Vertical TMD
- Horizontal TMD
Application
- Large Structures
- Narrow Structures
- Wide Structures
- Others
Key Market Players included in the report:
- Taylor Devices Inc.
- GERB Schwingungsisolierungen GmbH & Co KG
- Design
- Imaging & Control Inc.
- Vibratec Akustikprodukter AB
- TVS Acoustics
- Jiangsu ROAD Damping Technology CO.Ltd
For the Tuned Mass Damper (TMD) Market research study, the following years have been considered to estimate the market size:
Attribute Report Details Historical Years
2016-2020
Base Year
2021
Estimated Year
2022
Short Term Projection Year
2028
Projected Year
2023
Long Term Projection Year
2032
Report Coverage
Competitive Landscape, Revenue analysis, Company Share Analysis, Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab maximum market share, and more.
Regional Scope
North America, Europe, Asia-Pacific, South America, Middle East & Africa
Country Scope
United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa
Tuned Mass Damper (TMD) MarketPublished date: Nov. 2024add_shopping_cartBuy Now get_appDownload Sample - Taylor Devices Inc.
- GERB Schwingungsisolierungen GmbH & Co KG
- Design
- Imaging & Control Inc.
- Vibratec Akustikprodukter AB
- TVS Acoustics
- Jiangsu ROAD Damping Technology CO.Ltd
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