The global demand for deflectometers is projected to reach a valuation of USD 650 million in 2022, with an anticipated robust growth rate of 8% CAGR, propelling the market to an estimated USD 1.4 billion by 2032. This substantial growth underscores the increasing utilization of deflectometers across various industries, driven by advancements in technology and the rising need for precise measurements in infrastructure development, maintenance, and safety assessments. As the demand for high-accuracy, reliable measurement tools continues to surge, the deflectometer market is set to experience significant expansion over the next decade.
Deflectometers are used for operations such as the evaluation of the physical properties of pavements. Since the past few years, rapid urbanisation, industrialisation and economic growth rates are significantly boosting construction and building activities.
These developments are creating the need for constant upgradations in infrastructure and properties, which has resulted in an increase in the number of construction activities for infrastructure and roadways. This trend has resulted in an increase in the need for using testing equipment and devices such as deflectometers.
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The manufacturers of deflectometers are witnessing an increase in the demand for deflectometers since the past few years due to the unique and necessary applications of deflectometers in construction areas. The manufacturers of deflectometers are offering their products in different types, such as benchtop, heavy duty and others, for providing industry-specific deflectometers.
Moreover, deflectometers are available as per their varying application areas, which is resulting in the increasing popularity of deflectometers for the improvement of the quality of pavements and construction projects. For example, the LWD Lightweight Deflectometer is used for the determination of the overall compaction quality of different types of earthworks.
LED devices are preferred for their fast, simple and repeatable tests as these tests can provide more reliable results for end users.
Deflectometer Market: Drivers and Restraints
The increasing applications of deflectometers in the process of deflection testing is one of the prime factors driving the market as deflection testing is used for the analysis and designing of highways. Due to changing end user requirements, manufacturers are performing constant modifications so that these deflectometers can test pavements of any type.
The increasing importance of studying pavement properties is one of the prime factors fuelling the growth of the deflectometer market. The applications of deflectometers for performing operations such as pavement rehabilitation & overlay, PCC joint sealing evaluation, void detection, spring load restrictions and others, is expanding the areas of application and increasing demand for deflectometers.
In addition, deflectometers are available with integrated Wi-Fi, USB, GPS and others. These are some of the key factors that are significantly driving the deflectometer market. On the other hand, the high prices of deflectometers is one of the major challenges hindering the growth of the deflectometer market.
Deflectometer Market: Key Players
Some of the leading providers of deflectometers include Illinois Tool Works Inc., PaveTesting Limited, ARA, Olson Instruments, Dynatest, Aimil Ltd., Humboldt Mfg. Co., Controls Group, EPSILON TECHNOLOGY CORP, Abatech and others. Constant innovations in their products to deliver products of better quality is one of the prime strategies followed by the manufacturers of deflectometers. In addition, manufacturers are also focusing on geographical expansion for increasing the sales of their products by entering into new markets. For example, Humboldt Mfg. Co., which is one of the leading manufacturers of deflectometers, is offering LWD with features such as colourful display, in-built light sensor, easy navigation menu and others. These advancements are fuelling the demand for deflectometers.
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Key Segments Profiled in the Deflectometer Industry Survey
Deflectometer Market by Equipment Type:
- Falling Weight Deflectometer
- Light Weight Deflectometer
- Rolling Wheel Deflectometer
Deflectometer Market by Region:
- North America Deflectometer Market
- Latin America Deflectometer Market
- Europe Deflectometer Market
- Asia Pacific Deflectometer Market
- Middle East & Africa Deflectometer Market
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