Smart Concrete: Monitoring Health of Reinforced Concrete Structures: Comprehensive Evaluation of Market By 2024

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REPORT DESCRIPTION
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.
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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.
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.
The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market
evolution by tracking historical developments, and analyzing the present scenario and future projections based on
optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of
the market, including but not limited to: Regional markets, technology developments, types, applications, and the
competitive landscape.
The study is a source of reliable data on:
 Key market segments and sub-segments
 Evolving market trends and dynamics
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Changing supply and demand scenarios
Quantifying market opportunities through market sizing and market forecasting
Tracking current trends/opportunities/challenges
Competitive insights
Opportunity mapping in terms of technological breakthroughs
The regional analysis covers:
 North America (U.S. and Canada)
 Latin America (Mexico, Brazil, Peru, Chile, and others)
 Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
 Eastern Europe (Poland and Russia)
 Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
 Middle East and Africa (GCC, Southern Africa, and North Africa)
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market
projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model
analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors
essential for the existing market players and new entrants along with detailed value chain analysis.
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Smart Concrete Market to be driven by the widespread use of concrete as a composite material for various types of structures and its inability to withstand tension, resulting in cracks easily.