Press Release

Future Market Insights recently published a market study on the global Girders Market using the latest market research methodologies and analytical tools. The presented report discusses the various factors that are expected to impact the growth of the Girders Market in different geographies over the forecast period, 2018 – 2028. The analysts track the latest trends, developments, and innovations in the Girders Market space to provide readers a fair understanding of the current market scenario.

According to the report, the Girders Market is expected to reach a value of ~US$XX by 2019 and register a CAGR growth of ~XX% during the forecast period 2018 – 2028. The growth of the Girders Market primarily relies on the growing demand from the end-use industries, surging investments in R&D projects, and penetration of advanced technology in the past few years.

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The report aims to provide answers to some important queries related to the Girders Market:

  • How have technological innovations impacted the growth of the Girders Market in recent years?
  • Which regional market is expected to witness the highest growth over the forecast period?
  • Who are the most prominent companies operating in the Girders Market?
  • What is the projected value of the Girders Market in 2029?
  • What is the most effective market entry strategy adopted by emerging market players?

Key Findings of the Report:

  • Y-o-Y growth of the various market segments
  • Supply-demand ratio of various products in different regions
  • Growth prospects of emerging market players in region 1 and region 2
  • Sales, marketing, and promotional strategies of different market players
  • Recent product development and innovations

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Girders Market Segmentation

The presented study dissects the Girders Market into different segments to offer a clear understanding of the various aspects of the market.

key players in the girders market include JPW Companies, ArcelorMittal, Nippon Steel, Wuhan Group, High Steel Structures LLC, Emirates Building System, and United Engineering Industries Ltd.

  • Joint acquisition collaborators ArcelorMittal and Nippon Steel & Sumitomo Metal Corp (NSSMC) are focusing on the emerging market of India, as a lucrative growth opportunity following the activities of ArcelorMittal in acquiring Essar Steel.
  • FabSouth LLC, a subsidiary of the Canam group has acquired three structural steel plants from the Commercial Metals Company for an undisclosed amount to grow geographical reach and expand production capacity.
  • Steel Dynamics Inc. acquired all assets of Kentucky Electric Steel (KES) that is expected to add to the company’s production capacity by 250,000 tons.

Apart from mergers, acquisitions and collaborations, market players such as the JFE Engineering Corporation are also emphasizing on research and development to improve on properties such as corrosion resistance, earthquake resistance and applications in mechatronics.

Segmentation of the Girders Market

Girders can be broadly categorized on the terms of materials, product type, bridge type, configuration type, and length. On the basis of material, girders can be divided into steel, concrete and iron. On the basis of product, girders can be divided into box, plate, and I-beam. On the basis of bridge type, girders can be divided into arch bridge, suspension bridge, simple beam, cable stayed and cantilever bridge. On the basis of length girders can be categorized into below 10 k, 10-20 k, and more than 20k. Top running, double girder, single girder, and under running are the types of girders based on the configuration.

This extensively researched report on the girders market puts greater focus on the complete examination of the market at regional and global levels to gain actionable insights, along with pertinent and trustworthy data that has been supported and validated to achieve an enhanced comprehension of the girders market’s competitive scenario along with ably recognizing lucrative opportunities for the future. The report on the girders market also includes updated data and a complete analysis according to the market segments such as geography, technology, and applications.

The report has also included an extensive assessment on vital aspects such as:

  • Market Segmentation- The girders market is categorized into essential segments to achieve a better understanding of each area in detail.
  • Driving Factors- The inclusion of market influencers to understand the factors that make a significant impact on the overall market situation.
  • Market Value- Scrutinizing the size of the global girders market
  • Supply & demand aspects
  • Assessing the market trends and obstacles- Complete evaluation of the factors that can boost the market growth and the possible challenges that market players might face
  • Competitive Analysis- Recognizing the strategic activities of the key girders market players
  • Technology- Understanding the scope of the girders market with new technologies

The report also contains a comprehensive regional analysis with the focus on the following regions:

  • North America girders market (U.S., Canada)
  • Latin America girders market (Brazil, Mexico, Rest of Latin America)
  • Western Europe girders market (Germany, France Italy, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe girders market (Poland, Russia, Rest of Eastern Europe)
  • Asia Pacific Excluding Japan girders market (China, India, Australia, ASEAN, & New Zealand)
  • Japan girders market
  • Middle East and Africa girders market (GCC countries, S. Africa, N. Africa, Rest of MEA)

The report is a combination of quantitative and qualitative first-hand information on girders obtained from the assessment by prominent industry analysts along with the addition of inputs given by girders industry participants and industry experts. The full analysis of the popular trends in the market, market attractiveness and macro-economic factors in the report is effective in creating an understanding of the girders market. In addition, the report also states the qualitative impact of these factors on the various regions and segments of the market.

The Report Illustrates:

  • Overview of the girders market
  • Essential market dynamics
  • Detailed market segmentation
  • Market Size: Current and historical market size along with the projection of future prospects of the girders market in terms of value and volume
  • Recent developments and trends in the industry
  • Competitive scenario
  • Strategies adopted by major girders market players and the product portfolio offered
  • Niche and potential segments and regions of the market that promise lucrative growth opportunities
  • Un-biased perspective on market performance
  • Essential details for players to expand and hold on to their presence in the market

NOTE – All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Future Market Insights.

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