Uploaded on Feb 24, 2021
In the report, Transparency Market Research provides a detailed analysis of the potential of the global smart concrete market. The report analyzes the different potential market drivers and restraints by gathering inputs from various people having in-depth knowledge of the technology.
Smart Concrete Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
Smart Concrete Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2016 - 2024
Global Smart Concrete Market: Overview
Smart concrete technology is a new alternative method for monitoring the health of
reinforced concrete structures. It was developed Dr. Deborah D.L. Chung from State
University of New York at Buffalo, U.S. The unique perceived benefit of smart concrete
is that it is fortified by carbon fiber, which comprises as much as 0.2% to 0.5% of the
volume. It can detect stress or strain in concrete structures before it gets too late. The
smart concrete technology has undergone extensive laboratory testing, but is yet to
hit the market.
It works by adding a small quantity of short carbon fiber to concrete with a conventional
concrete mixer to modify the electrical resistance of concrete in response to strain or
stress. As a result, the contact between the fiber and cement matrix is impacted when
the concrete is deformed or stressed, thereby affecting the volume electrical resistivity
of the concrete. The strain is then uncovered by measuring the degree of electrical
resistance. Smart concrete is capable of sensing miniscule structural flaws before they
become substantial and hence find application in checking the internal condition of
structures, particularly after an earthquake.
In the report, Transparency Market Research provides a detailed analysis of the
potential of the global smart concrete market. The report analyzes the different
potential market drivers and restraints by gathering inputs from various people having
in-depth knowledge of the technology.
Global Smart Concrete Market: Trends and Opportunities
One factor slated to contribute to the global smart concrete market is the widespread
use of concrete as a composite material for various types of structures and its inability
to withstand tension, resulting in cracks easily. This necessitates monitoring them for
cracks so as to prevent them from getting worse by timely repair. This, in turn, helps
to ensure safety and durability of various structures. Other methods to evaluate cracks
are by attaching or embedding sensors into structures. Sensors, however, cost more
to install. Smart concrete is relatively cheaper. This is another factor that would likely
drive its market.
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The supercharged growth in the smart buildings market in the upcoming years would
also help in the quick uptake of smart concrete. This is because in addition to their
basic functionality of detecting minor cracks, smart concrete also helps to arrest the
progress of cracks in conventional concrete and reinforce them to make them stronger.
Further, it takes a lot of force for smart concrete to bend, and it soaks more energy
before fracture. Smart concrete can also have application in building highways for they
would help in weighting vehicles plying on them. A highway constructed using smart
concrete would be able to detect the position, weight, and speed of vehicles.
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Global Smart Concrete Market: Regional Outlook
The report studies the potential market for smart concrete by segmenting it based
upon geography and then attempts to gauge the opportunity in each region. Advanced
economies in North America and Europe, which have been at the forefront of adopting
latest technologies, would likely emerge as prominent markets for smart concrete. Asia
Pacific, powered by densely populated, emerging economies such as China and India
where construction activities are being conducted full-throttle, also spells solid
potential.
Companies Mentioned in Report
To present an in-depth assessment of the potential competition in the smart concrete
market, the report attempts to gauge the strategies that would be adopted by players
wanting to foray into the market. Leading companies operating in the global concrete
and cement market would likely lap up the opportunity presented by the new
technology to further enhance their product offerings.
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