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Light Transmitting Concrete: Introduction

Light transmitting concrete, also called translucent concrete, is used with a base material in the building & construction industry. It possesses the light transmissive property. This property is obtained by the uniform distribution of optical fibers through the concrete body. Light transmitting concrete is also known as transparent concrete. It is obtained by replacing aggregates of concrete with transparent alternative materials. It is produced by mixing 4% to 5% optical fibers in the concrete mixture. Light transmitting concrete improves the esthetics of a building. It is also eco-friendly.

Leading manufacturers and research institutions are investing significantly to improve the access to raw materials of light transmitting concrete. Research institutions are also conducting studies to come up with substitutes of raw materials of light transmitting concrete. Manufacturers are also striving to enhance their product portfolio of light transmitting concrete in order to cater to various end-user industries.

Key Drivers and Restraints of Global Light Transmitting Concrete Market

The light transmitting concrete market is driven by the increase in focus on green buildings in developed countries. Demand for light transmitting concrete is rising due to its property to illuminate in natural sunlight. It can also sustain in extreme weather conditions because of its high insulation properties. The light transmitting concrete market is also expanding owing to the energy & cost saving properties of the concrete. It also creates beautiful finish by self-illuminating without electricity. However, the light transmitting concrete market is hampered by the high initial cost, as optical fibers are used in this concrete. Furthermore, casting of translucent concrete blocks requires highly skilled labor.

Light transmitting concrete is used in floors, ceilings, pavements, load bearing walls, partition walls, and furniture for decorative purposes, light sidewalks, subway stations, fire escapes, speed bumps on road, etc. Light transmitting concrete provides various advantages. For instance, it illuminates pavements. These pavements look better than the traditional ones. The texture of light transmitting concrete is smooth vis-à-vis conventional concrete. Thus, it offers classy surface, as it is more homogenous than the traditional concrete. The concrete structure is strong as compared to the traditional concrete. Thus, light transmitting concrete is more durable. Furthermore, routine maintenance is not required for the concrete.

Light Transmitting Concrete: Type of Optical Fiber Segment

The light transmitting concrete market can be segmented based on the type of optical fiber used for manufacturing processes

The type of optical fiber used are multimode graded-index fiber, multimode step-index fiber, and single-mode step-index fiber. The type of optical fiber to be used depends upon the type of application of concrete.

COVID-19 Impact on Light Transmitting Concrete Market

On January 30, 2020, the International Health Regulations Emergency Committee of the World Health Organization (WHO) declared the Coronavirus disease (COVID-19) outbreak a public health emergency of international concern. Originating in China, the virus has spread to at least 213 countries and territories around the world.

Several governments and private sector businesses are operating at a limited capacity or have ceased operations completely due to recent events surrounding the COVID-19 pandemic

The construction industry has been severely affected by the outbreak of COVID-19. Ongoing projects are getting delayed, while sanctioned projects are put on hold. This is expected to negatively impact the light transmitting concrete market, as light transmitting concrete is used on a large scale in the building & construction industry.

Asia Pacific to Dominate Light Transmitting Concrete Market

In terms of region, the global light transmitting concrete market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

The use of variety of fiber-optics sensors in concrete structure has boosted the demand for light transmitting concrete in the building & construction industry in Europe and North America. Large numbers of players operate in the light transmitting concrete market in Europe. Thus, the market in the region is expected to expand at a rapid pace during the forecast period. Demand for light transmitting concrete is high in Asia Pacific, especially in as China, India, and Japan, led by the presence of the vast building & construction industry. The market in Latin America and Middle East & Africa is estimated to expand at a moderate pace during the forecast period.

Key Manufacturers Operating in Global Light Transmitting Concrete Market

The global light transmitting concrete market was consolidated in 2020. Major players have prominent presence in developed and developing countries. Key manufacturers operating in the global Light Transmitting Concrete market include:

  • Litracon ltd
  • Luccon
  • Materia Exhibitions B.V
  • Lucem GmBH
  • Modern Contempo
  • NUWorld Lighting
  • Florack Bauunternehmung

Global Light Transmitting Concrete Market: Research Scope

Global Light Transmitting Concrete Market, by Type of Optical Fiber

  • Multimode Graded-index Fiber
  • Multimode Step-index Fiber
  • Single-mode Step-index Fiber

Global Light Transmitting Concrete Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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
  • Europe
  • 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?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.

Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across 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.

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Light Transmitting Concrete Market

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