Market Overview:
The global steel tape measures for construction market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for steel tape measures for construction applications, owing to their accuracy and durability. In terms of type, the pocket steel tape measure segment is expected to lead the global market during the forecast period, followed by long steel tape measure segment. The house application segment is expected to lead the global market in terms of revenue during 2018-2030.
Product Definition:
Steel Tape Measures are used to measure the linear distance between two points. They are typically used in construction and other professional settings where accuracy is important.
Pocket Steel Tape Measures:
The global pocket steel tape measures market size was valued at USD 1.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to the increasing use of pocket steel tapes in construction activities as they are compact, durable, and accurate while measuring small distances such as that between two holes on a wall or between two components on a job site.
Steel tape measures are preferred by contractors.
Long Steel Tape Measures:
Long steel tape measures are used to measure the length of structural steel products such as beams, columns, and sections. They are available in different forms including retractable, non-retractable with magnetic or optical heads depending upon the application. The most commonly used type of long steel tape measures is a retractable type that can be utilized for both indoor and outdoor applications.
The construction industry has been witnessing an increasing demand for quality materials that have longer durability.
Application Insights:
The house application segment accounted for the largest share of over 50.0% in 2017 and is expected to witness significant growth over the forecast period. Steel tapes are widely used in residential construction as they offer enhanced accuracy, better visibility and enhanced durability when compared with plastic or paper tapes. The steel tape measures provide an accurate reading as it has a metal casing which provides a more precise measurement of length along with an extra-large display that can be read easily from a distance.
The commercial building application segment was valued at USD 544.1 million in 2017 owing to increasing use of steel tapes for measuring floor levels during construction activities such as new constructions, renovation & extension works, etc., across various end-use industries such as office buildings, shopping malls & complexes, hotels/restaurants/campsites among others globally.
Regional Analysis:
Asia Pacific dominated the global steel tape measures market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in 2017 owing to high construction activities mainly driven by rapid urbanization and increasing population. In addition, rising disposable income levels are anticipated to fuel demand for steel tape measures in this region.
The Middle East & Africa is projected to grow at a significant rate over the forecast period owing to massive investments from foreign players such as Bechtel, KBR, Fluor Corporation among others which are engaged in major infrastructure projects such as UAE’s Expo 2020 Dubai World Central project and Saudi Arabia’s King Abdullah Economic City (KAIC) project among others. These developments along with government initiatives aimed at improving public infrastructure will drive growth of the construction industry thereby fueling demand for steel tape measures over the next eight years.
Growth Factors:
- Increasing demand for steel tape measures in the construction industry as a result of the growth of the construction sector.
- Rising popularity of steel tape measures among contractors and builders due to their accuracy and durability.
- Growing demand for customized steel tape measures in the construction industry to meet specific requirements of customers.
- Technological advancements in manufacturing processes that have led to development of new and innovative designs for steel tape measures, increasing their appeal among consumers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Steel Tape Measures for Construction Market Research Report
By Type
Pocket Steel Tape Measures, Long Steel Tape Measures
By Application
House, Commercial Building, Industrial Plant, Public Construction
By Companies
Stanley Black & Decker, TAJIMA, Komelon, Apex, Starrett, Pro'skit, Grate Wall, Endura, Hultafors, EXPLOIT, PST, BERENT, Empire, Jetech Tool, BOSI, Kraftwelle
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Steel Tape Measures for Construction Market Report Segments:
The global Steel Tape Measures for Construction market is segmented on the basis of:
Types
Pocket Steel Tape Measures, Long Steel Tape Measures
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
House, Commercial Building, Industrial Plant, Public Construction
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Stanley Black & Decker
- TAJIMA
- Komelon
- Apex
- Starrett
- Pro'skit
- Grate Wall
- Endura
- Hultafors
- EXPLOIT
- PST
- BERENT
- Empire
- Jetech Tool
- BOSI
- Kraftwelle
Highlights of The Steel Tape Measures for Construction Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pocket Steel Tape Measures
- Long Steel Tape Measures
- By Application:
- House
- Commercial Building
- Industrial Plant
- Public Construction
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Steel Tape Measures for Construction Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Steel tape measures are used in construction to measure distances between objects. They are also used to measure the size of objects.
Some of the major companies in the steel tape measures for construction market are Stanley Black & Decker, TAJIMA, Komelon, Apex, Starrett, Pro'skit, Grate Wall, Endura, Hultafors, EXPLOIT, PST, BERENT, Empire, Jetech Tool, BOSI, Kraftwelle.
The steel tape measures for construction market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Steel Tape Measures for Construction Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Steel Tape Measures for Construction Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Steel Tape Measures for Construction Market - Supply Chain
4.5. Global Steel Tape Measures for Construction Market Forecast
4.5.1. Steel Tape Measures for Construction Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Steel Tape Measures for Construction Market Size (000 Units) and Y-o-Y Growth
4.5.3. Steel Tape Measures for Construction Market Absolute $ Opportunity
5. Global Steel Tape Measures for Construction Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Steel Tape Measures for Construction Market Size and Volume Forecast by Type
5.3.1. Pocket Steel Tape Measures
5.3.2. Long Steel Tape Measures
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Steel Tape Measures for Construction Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Steel Tape Measures for Construction Market Size and Volume Forecast by Application
6.3.1. House
6.3.2. Commercial Building
6.3.3. Industrial Plant
6.3.4. Public Construction
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Steel Tape Measures for Construction Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Steel Tape Measures for Construction Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Steel Tape Measures for Construction Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Steel Tape Measures for Construction Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Steel Tape Measures for Construction Demand Share Forecast, 2019-2026
9. North America Steel Tape Measures for Construction Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Steel Tape Measures for Construction Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Steel Tape Measures for Construction Market Size and Volume Forecast by Application
9.4.1. House
9.4.2. Commercial Building
9.4.3. Industrial Plant
9.4.4. Public Construction
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Steel Tape Measures for Construction Market Size and Volume Forecast by Type
9.7.1. Pocket Steel Tape Measures
9.7.2. Long Steel Tape Measures
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Steel Tape Measures for Construction Demand Share Forecast, 2019-2026
10. Latin America Steel Tape Measures for Construction Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Steel Tape Measures for Construction Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Steel Tape Measures for Construction Market Size and Volume Forecast by Application
10.4.1. House
10.4.2. Commercial Building
10.4.3. Industrial Plant
10.4.4. Public Construction
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Steel Tape Measures for Construction Market Size and Volume Forecast by Type
10.7.1. Pocket Steel Tape Measures
10.7.2. Long Steel Tape Measures
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Steel Tape Measures for Construction Demand Share Forecast, 2019-2026
11. Europe Steel Tape Measures for Construction Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Steel Tape Measures for Construction Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Steel Tape Measures for Construction Market Size and Volume Forecast by Application
11.4.1. House
11.4.2. Commercial Building
11.4.3. Industrial Plant
11.4.4. Public Construction
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Steel Tape Measures for Construction Market Sze and Volume Forecast by Type
11.7.1. Pocket Steel Tape Measures
11.7.2. Long Steel Tape Measures
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Steel Tape Measures for Construction Demand Share, 2019-2026
12. Asia Pacific Steel Tape Measures for Construction Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Steel Tape Measures for Construction Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Steel Tape Measures for Construction Market Size and Volume Forecast by Application
12.4.1. House
12.4.2. Commercial Building
12.4.3. Industrial Plant
12.4.4. Public Construction
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Steel Tape Measures for Construction Market Size and Volume Forecast by Type
12.7.1. Pocket Steel Tape Measures
12.7.2. Long Steel Tape Measures
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Steel Tape Measures for Construction Demand Share, 2019-2026
13. Middle East & Africa Steel Tape Measures for Construction Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Steel Tape Measures for Construction Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Steel Tape Measures for Construction Market Size and Volume Forecast by Application
13.4.1. House
13.4.2. Commercial Building
13.4.3. Industrial Plant
13.4.4. Public Construction
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Steel Tape Measures for Construction Market Size and Volume Forecast by Type
13.7.1. Pocket Steel Tape Measures
13.7.2. Long Steel Tape Measures
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Steel Tape Measures for Construction Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Steel Tape Measures for Construction Market: Market Share Analysis
14.2. Steel Tape Measures for Construction Distributors and Customers
14.3. Steel Tape Measures for Construction Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Stanley Black & Decker
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. TAJIMA
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Komelon
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Apex
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Starrett
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Pro'skit
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Grate Wall
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Endura
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hultafors
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. EXPLOIT
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. PST
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. BERENT
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Empire
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Jetech Tool
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. BOSI
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Kraftwelle
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
