Global Aluminum Alloy Truss Market: Introduction
Aluminum alloy truss are rigid structures made of aluminum beams. Aluminum beams when assembled in a specific order form rigid aluminum alloy truss. Aluminum beams are made from aluminum plates. These plates through a process known as casting are made into aluminum beams. In general aluminum plates are heavy-duty applications that are used in product manufacturing, transportation, military, aerospace and various other industries.
Global Aluminum Alloy Truss Market: Competition Landscape
Prolyte Group is a global manufacturer and marketer of aluminum alloy truss products for the global entertainment industry. In November 1991, Jan Hondebrink, Roel Steenbergen, and Fokko Smeding founded Prolite Products and Alucon whose name was later changed to Prolyte. The company is based in Pearland, Texas, the U.S. The company’s product portfolio consists of ladder truss, triangular truss, square truss, rectangular truss, folding truss, circular truss, standard corners, box corners, book corners, ground support, rigging towers, LED-wall support solutions, and tubes and accessories. The company not only sells aluminum alloy truss products but also provides project solutions to the aluminum alloy truss industry. The company has sales and marketing dealers across the world.
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Peroni S.p.a. is a global manufacturer of aluminum alloy truss products. The company was formed in 1982 in Gallarate, Italy. Its product portfolio consists of square truss, triangular truss, flat truss, aluminum alloy truss accessories, etc.
Eurotruss is a global aluminum alloy truss manufacturing and marketing company formed in 1933 by Martin Kuyper in Leeuwarden, the Netherlands. The company’s product portfolio consists of ladder truss, square truss, triangle truss, tubes, rectangular truss, folding truss, touring truss, plated truss, sound towers, LED bridges, etc. Apart from aluminum alloy truss, the company also sells stairs, safety railings, scaffolding integration products, top loader, front loader sound, dollies, barriers, hoists, rigging materials, and fall protection products among others. Eurotruss manufactures its aluminum alloy truss products in the U.S. The company has two offices in the U.S. and one in Germany. The South America aluminum alloy truss business is looked after by its U.S. office. The company has sales partners across Brazil, Europe, India, Vietnam, Malaysia, the U.A.E., Saudi Arabia, Egypt, Tunisia, Azerbaijan, Kazakhstan, Lebanon, and various other places.
Global Aluminum Alloy Truss Market: Dynamics
Rise in demand for aluminum alloy truss across the world
Rise in demand for aluminum alloy truss is evident from the fact that Eurotruss, a global manufacturer of aluminum alloy truss has invested and is investing heavily in the establishment of new truss manufacturing machines, tools, and welding benches to keep up with the demand for aluminum truss in the market place. The entertainment industry is growing across the world. Rise in the number of entertainment events globally is increasing the demand for aluminum alloy truss.
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Global Aluminum Alloy Truss Market: Segmentation
The global aluminum alloy truss market can be segmented based on:
- Product Type
Global Aluminum Alloy Truss Market, by Product Type
- Square Truss
- Triangular/ Triangle Truss
- Ladder Truss
- Rectangular Truss
- Folding Truss
- Others (circular truss, flat truss, touring truss, catwalk truss, tube, towers, etc.)
Global Aluminum Alloy Truss Market, by Application
- Entertainment Industry
- Exhibition Industry
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.