North America Stud Finders Market Size By Product (Magnetic Stud Finders and Electronic Stud Finder), By Application (Commercial & Industrial Use and Residential (Home Use)), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationNorth America Stud Finders Market Size And Forecast
North America Stud Finders Market size was valued at USD 353.96 Million in 2021 and is projected to reach USD 930.92 Million by 2030, growing at a CAGR of 12.73% from 2023 to 2030.
Increasing demand to read the perfect base and strength to the houses and rising requirement for a virtual assistant for customer support is expected to increase the demand for Stud Finders in North America. Additionally, growing repair and reconstruction activities are also pushing the market. The North America report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
North America Stud Finders Market Definition
So, you want to hang a picture but don't want to damage your walls? That's where a stud finder, also called a stud detector or stud sensor, comes in handy. It's a portable little device that helps you find those hidden framing studs hiding behind your drywall. You'll find tons of different models out there, but most stud finders fall into two categoriesmagnetic and electric. There are even some fancier gadgets that use radar. Seriously, if you own a home, a stud finder is one of those basic but essential tools to have. It's designed to find hidden screws and nails in walls, and even locate wires behind the wall! They use a battery to scan the surface, looking for iron and wood. When it finds something, it usually gives you a signal, like a light or a beep. Each tool scans to a certain depth, which depends on how it was made.
To locate the stud (supporting structure) behind a wall, a stud finder uses a magnet or electronic sensor. Since a stud is a component of the wall’s support, there will first be an empty area before another stud is added. A stud finder’s sensors specifically search for changes in the density of the wall as well as nails to pinpoint a stud.
There are two types of stud finders listed below
So, you're thinking about hanging something? An electronic stud finder is a super popular gadget these days. They're usually pretty simple to figure out. Okay, maybe they take a tiny bit more effort than those old-school magnetic ones, but a lot of people love them because they give you a much clearer picture of what's behind the wall. Basically, they use sensors to look for differences in the wall's... well, something called the dielectric constant. When it finds a stud, that changes, and the finder lets you know. Plus, some of the fancier ones even have features to find metal and even dangerous, live AC voltage hiding in there!
Magnetic stud detectorsMagnetic stud detectors use them to identify the metal in the walling material because metal is attracted to magnets. The magnet is attracted to the metal of the walling more strongly as it comes closer to it. If the wall’s metal fastener is the source of the strongest attraction, the stud’s placement should be indicated. However, in homes constructed with metal mesh lath and plaster, magnetic stud detectors may be less effective. An electronic stud finder’s signal will be muddled by the metal mesh.
North America Stud Finders Market Overview
So, wall studs aren’t just about building houses, you know? They're like the backbone of our walls, those vertical two-by-4 beams holding everything up. You'll find them hiding behind the drywall, usually spaced 16 or 24 inches apart. And because they're made of thick, sturdy wood or metal, they're way better at holding screws than, say, drywall itself. There are tons of times when knowing where the studs are comes in handythink mounting that new TV, adding some trim, hanging a heavy picture (so it stays hung!), fixing a hole in the wall, or even adding a new electrical outlet. That's why a stud finder is your best friend. It's also called a stud locator – basically, a handheld gadget that helps you find those studs hidden behind the wall’s finish. There are lots of different types out there, but most fall into two main categorieselectrical and magnetic. Each has its own perks, depending on what you need.
We're seeing a bigger push for solid foundations in homes, not to mention the growing need for virtual assistants handling customer support. This is likely to make Stud Finders even more popular in North America. Plus, with more repair and reconstruction happening, that's fueling the market too. North America is expected to continue to be the biggest market for composite repair and rehab in the construction business, particularly in the United States, thanks to all the work being done to fix up and improve our infrastructure. And let's not forget, everyone wants their homes to look good! With our fast-paced lives and more people owning homes, the US home decor market is booming, grabbing over 60% of the North American market share. All of this is expected to open up some exciting opportunities.
Looking ahead, the Stud Finders market should really take off, fueled by those cool smart stud finder apps everyone's using and all the money pouring into construction. In North America alone, we're talking about a jump from $311.63 million in sales back in 2021 to a whopping $930.92 million by 2030 – that's a 12.73% growth rate! It looks like electronic stud finders are going to be the hot ticket, probably because they're just more accurate than trying to find studs with a magnet. And get this, it's expected that the demand from homeowners (you know, for Home Use) is going to grow the fastest. Some of the big names you'll see in the North American market include Franklin Sensors, Robert Bosch Tool Corporation, Zircon Corporation, Stanley Black & Decker, and Rack-A-Tiers Mfg. Inc, EECOL Electric, Hangman Products Inc., CRAFTSMAN, Irwin Tools, and The StudBuddy LLC, and plenty of others.
North America Stud Finders MarketSegmentation Analysis
The North America Stud Finders Market is segmented on the basis of Product, Application, and Country.
North America Stud Finders Market, By Product
• Magnetic Stud Finders• Electronic Stud Finder
To Get Summarized Market Report By Product-
Okay, so when we're talking about Stud Finders in North America, we can break them down by typeeither Magnetic or Electronic. And guess what? Back in 2021, the Magnetic ones were the most popular, grabbing a whopping 58.01% of the market! The cool thing about Magnetic finders is they use magnets (duh!) to find metal in your walls. Think of it like thisthe magnet is drawn to the metal, and the closer it gets, the stronger the pull. So, the spot where the magnet's pulling hardest? That's likely where a nail or screw is hiding, marking your stud. Just a heads-up thoughif your place is built with metal mesh and plaster, these Magnetic finders might get a little confused, kind of like how metal mesh can mess with electronic ones too.
North America Stud Finders Market, By Industry
• Commercial & Industrial Use• Residential (Home Use)
To Get Summarized Market Report By Industry-
When we look at the North America Stud Finders Market by Industry, it breaks down into two main areasCommercial & Industrial Use and Residential (Home Use). Turns out that the Commercial & Industrial side is pretty dominant, grabbing a whopping 61.47% of the market share back in 2021. A big reason for this? The increasing number of commercial buildings! Just think about itaccording to the Center for Sustainable Systems at the University of Michigan, the United States alone had 5.9 million commercial buildings covering 97 billion square feet back in 2018. And get this – since 1979, the number of buildings has jumped by 56%, while the floor space has ballooned by 90%!
Commercial building floor space is anticipated to expand by 33% from 2020 to 124.3 billion square feet by 2050. 60% of total commercial floor space is made up of buildings for education, mercantile, offices, and warehouse/storage. All such factors indicate that there is a rise in the construction market in the North American region.
North America Stud Finders Market, By Country
• U.S.• Canada• Mexico
To Get Summarized Market Report By Geography-Â
U.S. accounted for the largest market share in the North American market. The market is growing as a result of the increasing number of infrastructure projects, such as hospitals, office buildings, modern housing communities, and educational institutions. The demand for construction in the region is also being fueled by growing environmental concerns about rising carbon emissions from traditional construction methods. The launch of several government programs is also stimulating the market to encourage the construction of green buildings across the United States.
Key Players
The North America Stud Finders Market is highly fragmented with the presence of a large number of players. Some of the major companies include Franklin Sensors, Robert Bosch Tool Corporation, Zircon Corporation, Stanley Black & Decker, Rack-A-Tiers Mfg. Inc., Hangman Products Inc., CRAFTSMAN, Irwin Tools, EECOL Electric, Studbuddy, among others.
Key Developments
• In December 2021, Stanley Black & Decker Stud Finder Win Gets ITC Scrutiny
• August 2022, Zircon to unveil two new products at Eisenwarenmesse 2022
• July,2022, EECOL Electric Signs Partnership with Plug and Play in Canada to Advance AI and Technology Innovation in Alberta Region.
North America Stud Finders Market Infographic
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2018-2030 |
| BASE YEAR | 2021 |
| FORECAST PERIOD | 2023-2030 |
| HISTORICAL PERIOD | 2018-2020 |
| UNIT | Value (USD Million) |
| KEY COMPANIES PROFILED | Franklin Sensors, Robert Bosch Tool Corporation, Zircon Corporation, Stanley Black & Decker, Rack-A-Tiers Mfg. Inc., Hangman Products Inc., & Others |
| SEGMENTS COVERED | Product, Application, and Country. |
| CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope. |
To Get Customized Report Scope-Â
Top Trending Reports
Research Methodology of Market Research
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .
Reasons to Purchase this Report
We'll dig into the market using both numbers and real-world stuff, looking at different groups of customers based on their money and other things. You'll see how much each customer group is worth (in USD Billion). Plus, we'll point out which area and type of customer we think will grow the fastest and be the biggest. We'll also break down each region, showing where the product or service is most used and what's influencing things there. And, we'll check out the competition, ranking the big players and highlighting what they've been up tonew stuff they've launched, who they've teamed up with, how they've grown, and who they've bought in the last five years. We'll also include extensive company profiles.
Related Reports
- Global Animal Feed Ingredients Market Size By Product (Corn, Soybean Meal, Wheat, Fishmeal), By Application (Chickens, P...
- Global Spunbond Nonwovens Market Size By Function (Disposable, Durable), By Material Type (Polypropylene, Polyethylene, ...
- Global Angiography Equipment Market Size By Technology, By Procedure, By Application, By Geographic Scope And Forecast
- Global Data Resiliency Market Size By Solutions, By Services, By Deployment Models, By Geographic Scope And Forecast
- Global Vascular Patch Market Size By Material Type, By Application, By End-User, By Geographic Scope And Forecast
- Recovered Carbon Black Market by Type (Primary Carbon Black, Inorganic Ash), Application (Tire, Non-Tire Rubber, Coating...
Table of Content
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
List Tables Figures
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
FAQ'S
For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:
Within 24 to 48 hrs.
You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email
You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.
Discounts are available.
Hard Copy