Global plumb bob market is anticipated to project a robust growth in the forecast period, 2024-2032-2027 with an impressive CAGR value on the account of expanding construction industry. Rapidly increasing number of infrastructures is also driving the growth of the global plumb bob market in the upcoming five years.
Plumb bobs are also known as plummets and is a construction equipment that is utilized to measure and map straightness or perfect vertical aspect of the wall, building, or any other infrastructure. It usually comes with a pointed tip at the end of a heavy weighing object that when suspended from the top of the wall, oscillates and halts marking a center point the distance between the wall and the center point on ground can be measured and analyzed how much the wall is tilted or leaned. The suspension is often through a vertical reference line which is drawn with the help of a nail, and the weight is suspended using a thinner string. A plumb bob can be made of stone, wood, lead, brass, and other metals.
Globally construction of multiple infrastructure is actively driving the growth of the global plumb bob market in the upcoming five years. The demand for plumb bobs during construction of the residential complexes and high-rise buildings is further supporting the growth of the global plumb bob market in the next five years. Increase in the world population is demanding for better and adequate number of housing and office complexes thus supporting the market growth. Moreover, the construction industry was at a halt during the pandemic times and the labors were not involved in any infrastructure development. Though, only hospitals and temporary healthcare centers were constructed at the time, no major building construction was carried out thus demand for plumb bobs were slow. Since the relaxation from pandemic is now carried out, construction industry is rapidly expanding and thus requirement for plumb bobs is also increasing and thus substantiating the growth of the global plumb bob market in the future five years.
Governments are consistently working toward provisions of better roadways, highways, and bridges among other infrastructure constructions. Increasing globalization is also supporting the growth of the global plumb bob market in the next five years. Connecting cities to smaller town and villages for transportation, intercity businesses, etc. is also done through roadways. Availability of better roads, highways, reduce the extra efforts required to cross difficult terrains. Plumb bobs are utilized in measuring the angle of standing the pillars in support of the bridges and highways thus aiding the growth of the global plumb bob market. Although, advanced equipment is found at in the market, but local construction engineers often prefer traditional methods of measurements and thus supporting the growth of the global plumb bob market in the forecast years.
Consumers are highly inclined toward modern kitchen, modern living rooms, and advanced outlooks for their homes. Demand for the modern straight lights in modern kitchen demands for the utilization of plumb bob to adjust the alignment of the lights. Also, for the vertical suspension of lights, fans, and other home decorations in the modern houses is further substantiating the growth of the global plumb bob market in the upcoming five years. To determine the perfect vertical standing of the walls, and strength walls inside the building, plumb bobs are used. Also, instances of geological effects that adversely affects the older buildings, historical monuments, as well as buildings built beside larger water bodies is further aiding the growth of the plumb bob market in the forecast period.
The global plumb bob market is segmented on the basis of type, application, part, end user, competitional landscape, and regional distribution. Based on type, the market is further fragmented into brass plumb bob, and steel plumb bob. On the basis of application, market is bifurcated into vertical alignment of walls, doorjamb, lining up points, and wallpapering. Also, segmentation of the market on grounds of parts, is done into pointed end, weight, hole for string, and string. Based on end user, the market is segmented into residential, industrial, commercial. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Asia-Pacific region, North American region, European region, South American region, and Middle East & African region.
Starrett, Myzox Co., Ltd., ABM Tools, DK tools Limited, Hoffman Group, Kara Company, Inc., Arm-Tex, SECO Manufacturing Co., Metrol Tools, Robinson Manufacturing Company, are among the major market players in the global platform that lead the market growth of the global plumb bob market.
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| Attribute | Details |
| Market size value in 2024-2032 | USD 4.7 Million |
| Revenue Forecast in 2027 | USD 7 Million |
| Growth Rate | 5% |
| Base Year | 2024-2032 |
| Historical Years | 2024-2032 – 2024-2032 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, Volume in Units, and CAGR for 2024-2032-2024-2032 and 2022-2027 |
| Report Coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · Type · Application · Part · End User |
| Regional Scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
| Country Scope | United States; Mexico; Canada; China; India; Japan; South Korea; Australia; Singapore; Malaysia; Germany; France; United Kingdom; Spain; Italy; Poland; Denmark; Saudi Arabia; UAE; South Africa; Iraq; Turkey; Brazil; Argentina; Colombia; Peru; Chile |
| Key Companies Profiled | Starrett, Myzox Co., Ltd., ABM Tools, DK tools Limited, Hoffman Group, Kara Company, Inc., Arm-Tex, SECO Manufacturing Co., Metrol Tools, Robinson Manufacturing Company |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |
