Infrastructure Monitoring Market by Technology (Wired and Wireless), Offering (Hardware: Sensors, Data Acquisition Systems; Software & Services), Vertical (Civil infrastructure, Energy), Application, and Geography - Global Forecast to 2023
“Infrastructure monitoring market expected to grow at a CAGR of 17.93% between 2018 and 2023”
The infrastructure market is estimated to grow from USD 1.48 billion in 2018 to USD 3.38 billion by 2023, at a CAGR of 17.93% between 2018 and 2023. The major factors driving the growth of the infrastructure monitoring market include catastrophic failure of the infrastructure that results in loss of lives and incurs higher costs, stringent environmental regulations pertaining to the sustainability of structures, and aging infrastructure and the superior benefits of infrastructure monitoring. However, high installation and monitoring costs, inaccurate results due to errors in readings, slow growth of developing countries are the major restraining factors for the growth of the infrastructure monitoring market.
“Wired infrastructure monitoring technology expected to hold a larger market share by 2023”
Considering today’s scenario, wired infrastructure monitoring systems are widely adopted for different types of structures as they offer reliable connectivity, and there is no limitation on long-distance data transfer. Additionally, wired minoring systems are already being used for the overall assessment of numerous structures in various countries such as bridges, buildings, and dams.
“Infrastructure monitoring market in APAC expected to grow at the highest rate between 2018 and 2023”
This growth can be due to the rapid infrastructure building activities being undertaken in APAC, mainly China, India, and Japan where infrastructure monitoring paves the way for the modernization of infrastructure. Further, investments from the government sector are also increasing to enhance the infrastructure facility in the country.
In the process of determining and verifying the market size for several segments gathered through secondary research, extensive primary interviews have been conducted with the key industry people. The breakup of the profile of primary participants has been given below:
Research Coverage:
From an insight perspective, this research report has focused on various levels of analysis—market ranking of top players, value chain analysis, company profiles that provide the basic views on the competitive landscape, emerging and high-growth segments of the infrastructure monitoring market, high-growth regions, and market dynamics—such as drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
The infrastructure market is estimated to grow from USD 1.48 billion in 2018 to USD 3.38 billion by 2023, at a CAGR of 17.93% between 2018 and 2023. The major factors driving the growth of the infrastructure monitoring market include catastrophic failure of the infrastructure that results in loss of lives and incurs higher costs, stringent environmental regulations pertaining to the sustainability of structures, and aging infrastructure and the superior benefits of infrastructure monitoring. However, high installation and monitoring costs, inaccurate results due to errors in readings, slow growth of developing countries are the major restraining factors for the growth of the infrastructure monitoring market.
“Wired infrastructure monitoring technology expected to hold a larger market share by 2023”
Considering today’s scenario, wired infrastructure monitoring systems are widely adopted for different types of structures as they offer reliable connectivity, and there is no limitation on long-distance data transfer. Additionally, wired minoring systems are already being used for the overall assessment of numerous structures in various countries such as bridges, buildings, and dams.
“Infrastructure monitoring market in APAC expected to grow at the highest rate between 2018 and 2023”
This growth can be due to the rapid infrastructure building activities being undertaken in APAC, mainly China, India, and Japan where infrastructure monitoring paves the way for the modernization of infrastructure. Further, investments from the government sector are also increasing to enhance the infrastructure facility in the country.
In the process of determining and verifying the market size for several segments gathered through secondary research, extensive primary interviews have been conducted with the key industry people. The breakup of the profile of primary participants has been given below:
- By Company Type: Tier 1 = 20%, Tier 2 = 45%, and Tier 3 = 35%
- By Designation: C-Level Executives = 35%, Directors = 25%, Others=40%
- By Region: Americas = 45%, Europe = 25%, APAC = 20%, and RoW = 10%
Research Coverage:
- The infrastructure monitoring market based on technology has been segmented into wired and wireless.
- The infrastructure monitoring market based on offering covers hardware, and software and services.
- The infrastructure monitoring market based on vertical comprises civil infrastructure, aerospace & defense, energy, mining, and others (including industrial machinery, automotive, transportation, and marine structures).
- The geographic analysis has been done with regard to the Americas, Europe, APAC, and RoW.
From an insight perspective, this research report has focused on various levels of analysis—market ranking of top players, value chain analysis, company profiles that provide the basic views on the competitive landscape, emerging and high-growth segments of the infrastructure monitoring market, high-growth regions, and market dynamics—such as drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
- Market development: Comprehensive information about lucrative emerging markets and analysis of the infrastructure monitoring market across regions
- Market diversification: Exhaustive information about new products, untapped geographic regions, and recent developments in the overall infrastructure monitoring market
- Competitive assessment: In-depth assessment of ranking, strategies, products of the leading players in the infrastructure monitoring market
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 DEFINITION
1.3 MARKET SCOPE
1.4 YEARS CONSIDERED FOR THE STUDY
1.5 CURRENCY
1.6 LIMITATIONS
1.7 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data for primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.3 DATA TRIANGULATION
2.4 ASSUMPTIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN THE INFRASTRUCTURE MONITORING MARKET
4.2 INFRASTRUCTURE MONITORING MARKET, BY HARDWARE
4.3 INFRASTRUCTURE MONITORING MARKET IN APAC, BY VERTICAL AND COUNTRY
4.4 INFRASTRUCTURE MONITORING MARKET, BY GEOGRAPHY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Catastrophic failure of the infrastructure results in loss of lives and incurs higher costs
5.2.1.2 High capital investments for structural health monitoring across various countries worldwide
5.2.1.3 Stringent government regulations pertaining to sustainability of structures
5.2.1.4 Aging infrastructure and superior benefits of infrastructure monitoring
5.2.1.5 Decreasing cost of sensors results in reducing the infrastructure monitoring system cost
5.2.2 RESTRAINTS
5.2.2.1 High installation and monitoring costs
5.2.2.2 Inaccurate results due to errors in readings
5.2.2.3 Slow growth in developing countries
5.2.3 OPPORTUNITIES
5.2.3.1 Regional opportunities in APAC and GCC countries
5.2.3.2 Public–private partnerships (P3s or PPPs) for infrastructural growth
5.2.3.3 Use of advanced sensor technologies
5.2.3.4 Integration technology
5.2.4 CHALLENGES
5.2.4.1 Requirement of skilled labors/operators for installation and calibration of infrastructure monitoring instruments
5.2.4.2 Technical challenges and operational factors
5.2.4.3 Need for large amounts of data processing and management
6 INDUSTRY TRENDS
6.1 VALUE CHAIN ANALYSIS
6.1.1 INSTRUMENTATION AND HARDWARE MANUFACTURERS
6.1.1.1 Research and development
6.1.1.2 Raw material/component supply
6.1.1.3 Manufacturing and assembly
6.1.1.4 Product distribution
6.1.1.5 Post-sales services
6.1.2 SOFTWARE AND SERVICE PROVIDERS
6.1.3 END USERS
6.2 MARKET EVOLUTION
6.3 KEY TRENDS
7 INFRASTRUCTURE MONITORING MARKET, BY TECHNOLOGY
7.1 INTRODUCTION
7.2 WIRED INFRASTRUCTURE MONITORING
7.3 WIRELESS INFRASTRUCTURE MONITORING
8 INFRASTRUCTURE MONITORING MARKET, BY OFFERING
8.1 INTRODUCTION
8.2 HARDWARE
8.2.1 SENSORS
8.2.1.1 Accelerometers
8.2.1.2 Displacement sensors
8.2.1.3 Inclinometers and tiltmeters
8.2.1.4 Strain gauges
8.2.1.5 Corrosion sensors
8.2.1.6 Temperature sensors
8.2.1.7 Others (acoustic sensors, ultrasonic sensors, and so on)
8.2.2 DATA ACQUISITION SYSTEMS (DAS) AND COMMUNICATION SYSTEMS
8.2.3 OTHERS
8.3 SOFTWARE & SERVICES
8.3.1 SOFTWARE
8.3.2 SERVICES
8.3.2.1 Pre-installation
8.3.2.2 Post-installation
9 INFRASTRUCTURE MONITORING MARKET, BY VERTICAL
9.1 INTRODUCTION
9.2 CIVIL INFRASTRUCTURE
9.2.1 DAMS
9.2.2 BRIDGES
9.2.3 STADIUMS
9.2.4 BUILDINGS
9.2.5 TUNNELS
9.2.6 OTHERS
9.3 AEROSPACE & DEFENCE
9.3.1 AEROSPACE
9.3.2 DEFENSE
9.4 ENERGY
9.5 MINING
9.6 OTHERS
10 APPLICATIONS OF INFRASTRUCTURE MONITORING SYSTEMS (QUALITATIVE CHAPTER)
10.1 INTRODUCTION
10.2 INFRASTRUCTURE MONITORING AND NONDESTRUCTIVE TESTING
10.3 DAMAGE DETECTION
10.4 CRACK DETECTION
10.5 IMPACT MONITORING
10.6 CORROSION MONITORING
10.7 STRAIN MONITORING
10.8 HOTSPOT MONITORING
10.9 STATE SENSING
10.10 MULTIMODAL SENSING
11 INFRASTRUCTURE MONITORING MARKET, BY REGION
11.1 INTRODUCTION
11.2 AMERICAS
11.2.1 NORTH AMERICA
11.2.1.1 US
11.2.1.2 Canada
11.2.1.3 Mexico
11.2.2 SOUTH AMERICA
11.2.2.1 Brazil
11.2.2.2 Rest of South America
11.3 EUROPE
11.3.1 UK
11.3.2 GERMANY
11.3.3 FRANCE
11.3.4 REST OF EUROPE
11.4 APAC
11.4.1 CHINA
11.4.2 JAPAN
11.4.3 SOUTH KOREA
11.4.4 REST OF APAC
11.5 REST OF THE WORLD (ROW)
11.5.1 MIDDLE EAST
11.5.2 AFRICA
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 RANKING OF PLAYERS, 2016
12.3 COMPETITIVE SCENARIO
12.3.1 PARTNERSHIPS, AGREEMENTS, COLLABORATIONS, AND CONTRACTS
12.3.2 PRODUCT LAUNCHES/DEVELOPMENTS
12.3.3 MERGERS & ACQUISITIONS
13 COMPANY PROFILES
(Business Overview, Services & Solutions Offered, Recent Developments, SWOT Analysis, MnM View)*
13.1 KEY PLAYERS
13.1.1 COWI
13.1.2 PURE TECHNOLOGIES
13.1.3 STRUCTURAL MONITORING SYSTEMS
13.1.4 ACELLENT
13.1.5 GEOCOMP
13.1.6 CAMPBELL SCIENTIFIC
13.1.7 NOVA METRIX
13.1.8 GEOKON
13.1.9 SIXENSE
13.1.10 DIGITEXX
13.1.11 BRIDGE DIAGNOSTICS
13.1.12 SISGEO
13.1.13 RST INSTRUMENTS
13.1.14 AVT RELIABILITY (AESSEAL)
13.1.15 GEOMOTION SINGAPORE
13.2 START-UP ECOSYSTEM
13.2.1 FEAC ENGINEERING
13.2.2 YAPIDESTEK ENGINEERING
13.2.3 SITES-AFLA
13.2.4 SENSURON
13.2.5 INFIBRA TECHNOLOGIES
*Details on Business Overview, Services & Solutions Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
14 APPENDIX
14.1 INSIGHTS OF INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
14.5 AVAILABLE CUSTOMIZATIONS
14.6 RELATED REPORTS
14.7 AUTHOR DETAILS
1.1 OBJECTIVES OF THE STUDY
1.2 DEFINITION
1.3 MARKET SCOPE
1.4 YEARS CONSIDERED FOR THE STUDY
1.5 CURRENCY
1.6 LIMITATIONS
1.7 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data for primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.3 DATA TRIANGULATION
2.4 ASSUMPTIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN THE INFRASTRUCTURE MONITORING MARKET
4.2 INFRASTRUCTURE MONITORING MARKET, BY HARDWARE
4.3 INFRASTRUCTURE MONITORING MARKET IN APAC, BY VERTICAL AND COUNTRY
4.4 INFRASTRUCTURE MONITORING MARKET, BY GEOGRAPHY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Catastrophic failure of the infrastructure results in loss of lives and incurs higher costs
5.2.1.2 High capital investments for structural health monitoring across various countries worldwide
5.2.1.3 Stringent government regulations pertaining to sustainability of structures
5.2.1.4 Aging infrastructure and superior benefits of infrastructure monitoring
5.2.1.5 Decreasing cost of sensors results in reducing the infrastructure monitoring system cost
5.2.2 RESTRAINTS
5.2.2.1 High installation and monitoring costs
5.2.2.2 Inaccurate results due to errors in readings
5.2.2.3 Slow growth in developing countries
5.2.3 OPPORTUNITIES
5.2.3.1 Regional opportunities in APAC and GCC countries
5.2.3.2 Public–private partnerships (P3s or PPPs) for infrastructural growth
5.2.3.3 Use of advanced sensor technologies
5.2.3.4 Integration technology
5.2.4 CHALLENGES
5.2.4.1 Requirement of skilled labors/operators for installation and calibration of infrastructure monitoring instruments
5.2.4.2 Technical challenges and operational factors
5.2.4.3 Need for large amounts of data processing and management
6 INDUSTRY TRENDS
6.1 VALUE CHAIN ANALYSIS
6.1.1 INSTRUMENTATION AND HARDWARE MANUFACTURERS
6.1.1.1 Research and development
6.1.1.2 Raw material/component supply
6.1.1.3 Manufacturing and assembly
6.1.1.4 Product distribution
6.1.1.5 Post-sales services
6.1.2 SOFTWARE AND SERVICE PROVIDERS
6.1.3 END USERS
6.2 MARKET EVOLUTION
6.3 KEY TRENDS
7 INFRASTRUCTURE MONITORING MARKET, BY TECHNOLOGY
7.1 INTRODUCTION
7.2 WIRED INFRASTRUCTURE MONITORING
7.3 WIRELESS INFRASTRUCTURE MONITORING
8 INFRASTRUCTURE MONITORING MARKET, BY OFFERING
8.1 INTRODUCTION
8.2 HARDWARE
8.2.1 SENSORS
8.2.1.1 Accelerometers
8.2.1.2 Displacement sensors
8.2.1.3 Inclinometers and tiltmeters
8.2.1.4 Strain gauges
8.2.1.5 Corrosion sensors
8.2.1.6 Temperature sensors
8.2.1.7 Others (acoustic sensors, ultrasonic sensors, and so on)
8.2.2 DATA ACQUISITION SYSTEMS (DAS) AND COMMUNICATION SYSTEMS
8.2.3 OTHERS
8.3 SOFTWARE & SERVICES
8.3.1 SOFTWARE
8.3.2 SERVICES
8.3.2.1 Pre-installation
8.3.2.2 Post-installation
9 INFRASTRUCTURE MONITORING MARKET, BY VERTICAL
9.1 INTRODUCTION
9.2 CIVIL INFRASTRUCTURE
9.2.1 DAMS
9.2.2 BRIDGES
9.2.3 STADIUMS
9.2.4 BUILDINGS
9.2.5 TUNNELS
9.2.6 OTHERS
9.3 AEROSPACE & DEFENCE
9.3.1 AEROSPACE
9.3.2 DEFENSE
9.4 ENERGY
9.5 MINING
9.6 OTHERS
10 APPLICATIONS OF INFRASTRUCTURE MONITORING SYSTEMS (QUALITATIVE CHAPTER)
10.1 INTRODUCTION
10.2 INFRASTRUCTURE MONITORING AND NONDESTRUCTIVE TESTING
10.3 DAMAGE DETECTION
10.4 CRACK DETECTION
10.5 IMPACT MONITORING
10.6 CORROSION MONITORING
10.7 STRAIN MONITORING
10.8 HOTSPOT MONITORING
10.9 STATE SENSING
10.10 MULTIMODAL SENSING
11 INFRASTRUCTURE MONITORING MARKET, BY REGION
11.1 INTRODUCTION
11.2 AMERICAS
11.2.1 NORTH AMERICA
11.2.1.1 US
11.2.1.2 Canada
11.2.1.3 Mexico
11.2.2 SOUTH AMERICA
11.2.2.1 Brazil
11.2.2.2 Rest of South America
11.3 EUROPE
11.3.1 UK
11.3.2 GERMANY
11.3.3 FRANCE
11.3.4 REST OF EUROPE
11.4 APAC
11.4.1 CHINA
11.4.2 JAPAN
11.4.3 SOUTH KOREA
11.4.4 REST OF APAC
11.5 REST OF THE WORLD (ROW)
11.5.1 MIDDLE EAST
11.5.2 AFRICA
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 RANKING OF PLAYERS, 2016
12.3 COMPETITIVE SCENARIO
12.3.1 PARTNERSHIPS, AGREEMENTS, COLLABORATIONS, AND CONTRACTS
12.3.2 PRODUCT LAUNCHES/DEVELOPMENTS
12.3.3 MERGERS & ACQUISITIONS
13 COMPANY PROFILES
(Business Overview, Services & Solutions Offered, Recent Developments, SWOT Analysis, MnM View)*
13.1 KEY PLAYERS
13.1.1 COWI
13.1.2 PURE TECHNOLOGIES
13.1.3 STRUCTURAL MONITORING SYSTEMS
13.1.4 ACELLENT
13.1.5 GEOCOMP
13.1.6 CAMPBELL SCIENTIFIC
13.1.7 NOVA METRIX
13.1.8 GEOKON
13.1.9 SIXENSE
13.1.10 DIGITEXX
13.1.11 BRIDGE DIAGNOSTICS
13.1.12 SISGEO
13.1.13 RST INSTRUMENTS
13.1.14 AVT RELIABILITY (AESSEAL)
13.1.15 GEOMOTION SINGAPORE
13.2 START-UP ECOSYSTEM
13.2.1 FEAC ENGINEERING
13.2.2 YAPIDESTEK ENGINEERING
13.2.3 SITES-AFLA
13.2.4 SENSURON
13.2.5 INFIBRA TECHNOLOGIES
*Details on Business Overview, Services & Solutions Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
14 APPENDIX
14.1 INSIGHTS OF INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
14.5 AVAILABLE CUSTOMIZATIONS
14.6 RELATED REPORTS
14.7 AUTHOR DETAILS
LIST OF TABLES
Table 1 ERRORS AND CORRECTIVE MEASURES IN INFRASTRUCTURE MONITORING
Table 2 GLOBAL INFRASTRUCTURE MONITORING MARKET, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 3 INFRASTRUCTURE MONITORING MARKET FOR WIRED TECHNOLOGY, BY REGION, 2015–2023 (USD MILLION)
Table 4 COMPARISON BETWEEN WIRED AND WIRELESS INFRASTRUCTURE MONITORING SYSTEMS
Table 5 INFRASTRUCTURE MONITORING MARKET FOR WIRELESS TECHNOLOGY, BY REGION, 2015–2023 (USD MILLION)
Table 6 INFRASTRUCTURE MONITORING MARKET, BY OFFERING, 2015–2023 (USD MILLION)
Table 7 INFRASTRUCTURE MONITORING MARKET, BY HARDWARE, 2015–2023 (USD MILLION)
Table 8 INFRASTRUCTURE MONITORING MARKET FOR HARDWARE, BY REGION, 2015–2023 (USD MILLION)
Table 9 INFRASTRUCTURE MONITORING MARKET FOR SENSORS, BY TYPE, 2015–2023 (USD MILLION)
Table 10 INFRASTRUCTURE MONITORING MARKET FOR SENSORS, BY TYPE, 2015–2023 (THOUSAND UNITS)
Table 11 INFRASTRUCTURE MONITORING MARKET FOR SENSORS, BY REGION, 2015–2023 (USD MILLION)
Table 12 INFRASTRUCTURE MONITORING MARKET FOR DATA ACQUISITION AND COMMUNICATION SYSTEMS, BY REGION, 2015–2023 (USD MILLION)
Table 13 INFRASTRUCTURE MONITORING MARKET FOR OTHER HARDWARE COMPONENTS, BY REGION, 2015–2023 (USD MILLION)
Table 14 INFRASTRUCTURE MONITORING MARKET FOR SOFTWARE & SERVICES, BY REGION, 2015–2023 (USD MILLION)
Table 15 INFRASTRUCTURE MONITORING MARKET, BY VERTICAL, 2015–2023 (USD MILLION)
Table 16 INFRASTRUCTURE MONITORING MARKET FOR CIVIL INFRASTRUCTURE, BY REGION, 2015–2023 (USD MILLION)
Table 17 INFRASTRUCTURE MONITORING MARKET FOR AEROSPACE & DEFENSE VERTICAL, BY REGION, 2015–2023 (USD MILLION)
Table 18 INFRASTRUCTURE MONITORING MARKET FOR ENERGY VERTICAL, BY REGION, 2015–2023 (USD MILLION)
Table 19 INFRASTRUCTURE MONITORING MARKET FOR MINING VERTICAL, BY REGION, 2015–2023 (USD MILLION)
Table 20 INFRASTRUCTURE MONITORING MARKET FOR OTHER VERTICALS, BY REGION, 2015–2023 (USD MILLION)
Table 21 NONDESTRUCTIVE TESTING AND INFRASTRUCTURE MONITORING
Table 22 GLOBAL INFRASTRUCTURE MONITORING MARKET, BY REGION, 2015–2023 (USD MILLION)
Table 23 INFRASTRUCTURE MONITORING MARKET IN AMERICAS, BY REGION, 2015–2023 (USD MILLION)
Table 24 INFRASTRUCTURE MONITORING MARKET IN AMERICAS, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 25 INFRASTRUCTURE MONITORING MARKET IN AMERICAS, BY OFFERING, 2015–2023 (USD MILLION)
Table 26 INFRASTRUCTURE MONITORING MARKET IN AMERICAS, BY HARDWARE, 2015–2023 (USD MILLION)
Table 27 INFRASTRUCTURE MONITORING MARKET IN AMERICAS, BY VERTICAL, 2015–2023 (USD MILLION)
Table 28 INFRASTRUCTURE MONITORING MARKET IN NORTH AMERICA, BY HARDWARE, 2015–2023 (USD MILLION)
Table 29 INFRASTRUCTURE MONITORING MARKET IN NORTH AMERICA, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 30 INFRASTRUCTURE MONITORING MARKET IN NORTH AMERICA, BY COUNTRY, 2015–2023 (USD MILLION)
Table 31 INFRASTRUCTURE MONITORING MARKET IN US, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 32 INFRASTRUCTURE MONITORING MARKET IN CANADA, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 33 INFRASTRUCTURE MONITORING MARKET IN MEXICO, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 34 INFRASTRUCTURE MONITORING MARKET IN SOUTH AMERICA, BY HARDWARE, 2015–2023 (USD MILLION)
Table 35 INFRASTRUCTURE MONITORING MARKET IN SOUTH AMERICA, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 36 INFRASTRUCTURE MONITORING MARKET IN SOUTH AMERICA, BY COUNTRY, 2015–2023 (USD MILLION)
Table 37 INFRASTRUCTURE MONITORING MARKET IN BRAZIL, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 38 INFRASTRUCTURE MONITORING MARKET IN REST OF SOUTH AMERICA, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 39 MAJOR UPCOMING INFRASTRUCTURE PROJECTS IN THE AMERICAS
Table 40 INFRASTRUCTURE MONITORING MARKET IN EUROPE, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 41 INFRASTRUCTURE MONITORING MARKET IN EUROPE, BY OFFERING, 2015–2023 (USD MILLION)
Table 42 INFRASTRUCTURE MONITORING MARKET IN EUROPE, BY HARDWARE, 2015–2023 (USD MILLION)
Table 43 INFRASTRUCTURE MONITORING MARKET IN EUROPE, BY VERTICAL, 2015–2023 (USD MILLION)
Table 44 INFRASTRUCTURE MONITORING MARKET IN EUROPE, BY COUNTRY, 2015–2023 (USD MILLION)
Table 45 INFRASTRUCTURE MONITORING MARKET IN UK, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 46 INFRASTRUCTURE MONITORING MARKET IN GERMANY, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 47 INFRASTRUCTURE MONITORING MARKET IN FRANCE, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 48 INFRASTRUCTURE MONITORING MARKET IN REST OF EUROPE, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 49 MAJOR INFRASTRUCTURE PROJECTS IN EUROPE
Table 50 INFRASTRUCTURE MONITORING MARKET IN APAC, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 51 INFRASTRUCTURE MONITORING MARKET APAC, BY OFFERING, 2015–2023 (USD MILLION)
Table 52 INFRASTRUCTURE MONITORING MARKET IN APAC, BY HARDWARE, 2015–2023 (USD MILLION)
Table 53 INFRASTRUCTURE MONITORING MARKET IN APAC, BY VERTICAL, 2015–2023 (USD MILLION)
Table 54 INFRASTRUCTURE MONITORING MARKET IN APAC, BY COUNTRY, 2015–2023 (USD MILLION)
Table 55 INFRASTRUCTURE MONITORING MARKET IN CHINA, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 56 INFRASTRUCTURE MONITORING MARKET IN JAPAN, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 57 INFRASTRUCTURE MONITORING MARKET IN SOUTH KOREA, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 58 INFRASTRUCTURE MONITORING MARKET IN REST OF APAC, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 59 UPCOMING MAJOR INFRASTRUCTURE PROJECTS IN APAC
Table 60 INFRASTRUCTURE MONITORING MARKET IN ROW, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 61 INFRASTRUCTURE MONITORING MARKET IN ROW, BY OFFERING, 2015–2023 (USD MILLION)
Table 62 INFRASTRUCTURE MONITORING MARKET IN ROW, BY HARDWARE, 2015–2023 (USD MILLION)
Table 63 INFRASTRUCTURE MONITORING MARKET IN ROW, BY VERTICAL, 2015–2023 (USD MILLION)
Table 64 INFRASTRUCTURE MONITORING MARKET IN ROW, BY REGION, 2015–2023 (USD MILLION)
Table 65 INFRASTRUCTURE MONITORING MARKET IN MIDDLE EAST, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 66 INFRASTRUCTURE MONITORING MARKET IN MIDDLE EAST, BY OFFERING, 2015–2023 (USD MILLION)
Table 67 INFRASTRUCTURE MONITORING MARKET IN AFRICA, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 68 INFRASTRUCTURE MONITORING MARKET IN AFRICA, BY OFFERING, 2015–2023 (USD MILLION)
Table 69 UPCOMING MAJOR INFRASTRUCTURE PROJECTS IN THE ROW REGION
Table 70 RANKING ANALYSIS BASED ON HARDWARE OFFERINGS IN THE INFRASTRUCTURE MONITORING MARKET, 2016
Table 71 RANKING ANALYSIS BASED ON SOFTWARE AND SERVICE OFFERINGS IN THE INFRASTRUCTURE MONITORING MARKET, 2016
Table 1 ERRORS AND CORRECTIVE MEASURES IN INFRASTRUCTURE MONITORING
Table 2 GLOBAL INFRASTRUCTURE MONITORING MARKET, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 3 INFRASTRUCTURE MONITORING MARKET FOR WIRED TECHNOLOGY, BY REGION, 2015–2023 (USD MILLION)
Table 4 COMPARISON BETWEEN WIRED AND WIRELESS INFRASTRUCTURE MONITORING SYSTEMS
Table 5 INFRASTRUCTURE MONITORING MARKET FOR WIRELESS TECHNOLOGY, BY REGION, 2015–2023 (USD MILLION)
Table 6 INFRASTRUCTURE MONITORING MARKET, BY OFFERING, 2015–2023 (USD MILLION)
Table 7 INFRASTRUCTURE MONITORING MARKET, BY HARDWARE, 2015–2023 (USD MILLION)
Table 8 INFRASTRUCTURE MONITORING MARKET FOR HARDWARE, BY REGION, 2015–2023 (USD MILLION)
Table 9 INFRASTRUCTURE MONITORING MARKET FOR SENSORS, BY TYPE, 2015–2023 (USD MILLION)
Table 10 INFRASTRUCTURE MONITORING MARKET FOR SENSORS, BY TYPE, 2015–2023 (THOUSAND UNITS)
Table 11 INFRASTRUCTURE MONITORING MARKET FOR SENSORS, BY REGION, 2015–2023 (USD MILLION)
Table 12 INFRASTRUCTURE MONITORING MARKET FOR DATA ACQUISITION AND COMMUNICATION SYSTEMS, BY REGION, 2015–2023 (USD MILLION)
Table 13 INFRASTRUCTURE MONITORING MARKET FOR OTHER HARDWARE COMPONENTS, BY REGION, 2015–2023 (USD MILLION)
Table 14 INFRASTRUCTURE MONITORING MARKET FOR SOFTWARE & SERVICES, BY REGION, 2015–2023 (USD MILLION)
Table 15 INFRASTRUCTURE MONITORING MARKET, BY VERTICAL, 2015–2023 (USD MILLION)
Table 16 INFRASTRUCTURE MONITORING MARKET FOR CIVIL INFRASTRUCTURE, BY REGION, 2015–2023 (USD MILLION)
Table 17 INFRASTRUCTURE MONITORING MARKET FOR AEROSPACE & DEFENSE VERTICAL, BY REGION, 2015–2023 (USD MILLION)
Table 18 INFRASTRUCTURE MONITORING MARKET FOR ENERGY VERTICAL, BY REGION, 2015–2023 (USD MILLION)
Table 19 INFRASTRUCTURE MONITORING MARKET FOR MINING VERTICAL, BY REGION, 2015–2023 (USD MILLION)
Table 20 INFRASTRUCTURE MONITORING MARKET FOR OTHER VERTICALS, BY REGION, 2015–2023 (USD MILLION)
Table 21 NONDESTRUCTIVE TESTING AND INFRASTRUCTURE MONITORING
Table 22 GLOBAL INFRASTRUCTURE MONITORING MARKET, BY REGION, 2015–2023 (USD MILLION)
Table 23 INFRASTRUCTURE MONITORING MARKET IN AMERICAS, BY REGION, 2015–2023 (USD MILLION)
Table 24 INFRASTRUCTURE MONITORING MARKET IN AMERICAS, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 25 INFRASTRUCTURE MONITORING MARKET IN AMERICAS, BY OFFERING, 2015–2023 (USD MILLION)
Table 26 INFRASTRUCTURE MONITORING MARKET IN AMERICAS, BY HARDWARE, 2015–2023 (USD MILLION)
Table 27 INFRASTRUCTURE MONITORING MARKET IN AMERICAS, BY VERTICAL, 2015–2023 (USD MILLION)
Table 28 INFRASTRUCTURE MONITORING MARKET IN NORTH AMERICA, BY HARDWARE, 2015–2023 (USD MILLION)
Table 29 INFRASTRUCTURE MONITORING MARKET IN NORTH AMERICA, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 30 INFRASTRUCTURE MONITORING MARKET IN NORTH AMERICA, BY COUNTRY, 2015–2023 (USD MILLION)
Table 31 INFRASTRUCTURE MONITORING MARKET IN US, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 32 INFRASTRUCTURE MONITORING MARKET IN CANADA, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 33 INFRASTRUCTURE MONITORING MARKET IN MEXICO, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 34 INFRASTRUCTURE MONITORING MARKET IN SOUTH AMERICA, BY HARDWARE, 2015–2023 (USD MILLION)
Table 35 INFRASTRUCTURE MONITORING MARKET IN SOUTH AMERICA, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 36 INFRASTRUCTURE MONITORING MARKET IN SOUTH AMERICA, BY COUNTRY, 2015–2023 (USD MILLION)
Table 37 INFRASTRUCTURE MONITORING MARKET IN BRAZIL, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 38 INFRASTRUCTURE MONITORING MARKET IN REST OF SOUTH AMERICA, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 39 MAJOR UPCOMING INFRASTRUCTURE PROJECTS IN THE AMERICAS
Table 40 INFRASTRUCTURE MONITORING MARKET IN EUROPE, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 41 INFRASTRUCTURE MONITORING MARKET IN EUROPE, BY OFFERING, 2015–2023 (USD MILLION)
Table 42 INFRASTRUCTURE MONITORING MARKET IN EUROPE, BY HARDWARE, 2015–2023 (USD MILLION)
Table 43 INFRASTRUCTURE MONITORING MARKET IN EUROPE, BY VERTICAL, 2015–2023 (USD MILLION)
Table 44 INFRASTRUCTURE MONITORING MARKET IN EUROPE, BY COUNTRY, 2015–2023 (USD MILLION)
Table 45 INFRASTRUCTURE MONITORING MARKET IN UK, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 46 INFRASTRUCTURE MONITORING MARKET IN GERMANY, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 47 INFRASTRUCTURE MONITORING MARKET IN FRANCE, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 48 INFRASTRUCTURE MONITORING MARKET IN REST OF EUROPE, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 49 MAJOR INFRASTRUCTURE PROJECTS IN EUROPE
Table 50 INFRASTRUCTURE MONITORING MARKET IN APAC, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 51 INFRASTRUCTURE MONITORING MARKET APAC, BY OFFERING, 2015–2023 (USD MILLION)
Table 52 INFRASTRUCTURE MONITORING MARKET IN APAC, BY HARDWARE, 2015–2023 (USD MILLION)
Table 53 INFRASTRUCTURE MONITORING MARKET IN APAC, BY VERTICAL, 2015–2023 (USD MILLION)
Table 54 INFRASTRUCTURE MONITORING MARKET IN APAC, BY COUNTRY, 2015–2023 (USD MILLION)
Table 55 INFRASTRUCTURE MONITORING MARKET IN CHINA, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 56 INFRASTRUCTURE MONITORING MARKET IN JAPAN, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 57 INFRASTRUCTURE MONITORING MARKET IN SOUTH KOREA, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 58 INFRASTRUCTURE MONITORING MARKET IN REST OF APAC, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 59 UPCOMING MAJOR INFRASTRUCTURE PROJECTS IN APAC
Table 60 INFRASTRUCTURE MONITORING MARKET IN ROW, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 61 INFRASTRUCTURE MONITORING MARKET IN ROW, BY OFFERING, 2015–2023 (USD MILLION)
Table 62 INFRASTRUCTURE MONITORING MARKET IN ROW, BY HARDWARE, 2015–2023 (USD MILLION)
Table 63 INFRASTRUCTURE MONITORING MARKET IN ROW, BY VERTICAL, 2015–2023 (USD MILLION)
Table 64 INFRASTRUCTURE MONITORING MARKET IN ROW, BY REGION, 2015–2023 (USD MILLION)
Table 65 INFRASTRUCTURE MONITORING MARKET IN MIDDLE EAST, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 66 INFRASTRUCTURE MONITORING MARKET IN MIDDLE EAST, BY OFFERING, 2015–2023 (USD MILLION)
Table 67 INFRASTRUCTURE MONITORING MARKET IN AFRICA, BY TECHNOLOGY, 2015–2023 (USD MILLION)
Table 68 INFRASTRUCTURE MONITORING MARKET IN AFRICA, BY OFFERING, 2015–2023 (USD MILLION)
Table 69 UPCOMING MAJOR INFRASTRUCTURE PROJECTS IN THE ROW REGION
Table 70 RANKING ANALYSIS BASED ON HARDWARE OFFERINGS IN THE INFRASTRUCTURE MONITORING MARKET, 2016
Table 71 RANKING ANALYSIS BASED ON SOFTWARE AND SERVICE OFFERINGS IN THE INFRASTRUCTURE MONITORING MARKET, 2016
The report "Infrastructure Monitoring Market by Technology (Wired and Wireless), Offering (Hardware: Sensors, Data Acquisition Systems; Software & Services), Vertical (Civil infrastructure, Energy), Application, and Geography - Global Forecast to 2023", The infrastructure monitoring market is estimated to grow from USD 1.48 Billion in 2018 to USD 3.38 Billion by 2023, at a CAGR of 17.93% between 2018 and 2023. The major factors driving the growth of the infrastructure monitoring market include catastrophic failure of the infrastructure that results in loss of lives and incurs higher costs, stringent government regulations pertaining to the sustainability of structures, and aging infrastructures and the superior benefits of infrastructure monitoring.
Some of the major players in the infrastructure monitoring market are
- COWI (Denmark)
- Pure Technologies (Canada)
- Structural Monitoring Systems (Australia)
- Acellent (US)
- Geocomp (US)
- Campbell Scientific (US)
- Nova Metrix (US)
- Geokon (US)
- SIXENSE (France)
- Digitexx (US)
- Bridge Diagnostics (US)
- Sisgeo (Italy)
- RST Instruments (Canada)
- AVT Reliability (UK)
- Geomotion Singapore (Singapore)
The civil infrastructure segment expected to hold the largest share of the infrastructure monitoring market by 2023
The civil infrastructure facilities include numerous critical structures such as bridges, dams, tunnels, highways, and buildings. All these structures are directly related to the overall demographic and economic growth of any country. Therefore, many governments are taking initiatives to monitor the overall health of the structure. Also, at present, major countries in different regions such as the US, the UK, Germany, Japan, China, India, Qatar, and Saudi Arabia are heavily investing in building new infrastructural facilities, thereby ultimately growing the economy of the country. For such increasing infrastructure facilities, there would be growing opportunities for the infrastructure monitoring market players.
The market for software and services expected to grow at a higher rate between 2018 and 2023
With the increasing importance of large civil projects and frequent occurrences of structural failure, infrastructure monitoring systems are becoming more and more crucial. The basic approach of any infrastructure monitoring system is to continuously collect the data (over the longer period of time) about the overall condition of the structure from various installed sensors. This sensory data includes loading, stress, strain, acceleration, temperature, and video signal, among others. Furthermore, it is challenging for structural engineers to obtain, process, store, and analyze such a huge volume of data. To resolve this challenge, the software platform, customized software application, and software algorithm are being adopted. For example, software such as MATLAB and SCADA play a crucial role in early damage detection; they determine the damages at an early stage and facilitate necessary repair to maintain a high level of safety.
Americas expected to hold the largest share of the infrastructure monitoring market by 2023
The increased use of monitoring systems in the US is a key factor behind the market growth in the Americas. The governments of the South and North American countries are taking initiatives for the adoption of monitoring systems for different applications. Aging infrastructure in the US and fast-growing infrastructure facilities in Brazil and Canada are driving the market in this region.
