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Infrastructure Monitoring Market by Technology , Components, Application , End-User , and Geography - Global Trends & Forecast to 2020

Infrastructure Monitoring Market: Forecast until 2020

  • January 2016
  • 162 pages
  • ID: 3599073
In this report:
The market for the civil sector is expected to lead; it was valued at USD ##.## million in 2014 and is expected to reach USD ##,##.## million by 2020, at a CAGR of ##.##% between 2015 and 2020.
The market for the civil sector is expected to lead; it was valued at USD ##.## million in 2014 and would reach USD ##.## million by 2020, at a CAGR of ##.##% between 2015 and 2020.

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The infrastructure monitoring market is forecasted to reach USD 2.47billion by 2020, at a compound annual growth rate (CAGR) of 26.30 percent from 2015 to 2020. Growing initiatives of governments worldwide toward the growing need for public safety and reliability as well as the aging infrastructure are likely to drive the infrastructural health monitoring market.

"Civil Infrastructure anticipated to lead the end user segment of the infrastructural health monitoring during the estimate period"

An infrastructure monitoring system plays a top role in the civil infrastructure market. To continue the increase of a country's economy, it is essential to monitor the health condition of the civil infrastructure and take necessary actions to prevent accidents. IHM has the ability to offer the real-time monitoring solutions of civil structures including bridges, tunnels, dams, buildings, and others, while reducing the maintenance cost. Additionally, the sector for energy is anticipated to grow at the highest compound annual growth rate (CAGR) among all other markets. The rise in these two sectors can be accredited to the increasing adoption of infrastructural health monitoring systems.

"North America continent forecasted to hold the biggest market share during the outlook period"

Asia-Pacific is forecasted to be the quickest developing market until 2020. Civil and energy are main industries driving the increase of the infrastructure monitoring market in Asia-Pac. China (CN) and Japan (JP) are the leading countries in the infrastructural health monitoring market in this zone. Furthermore, rising infrastructure and government actions in these countries are likely to drive the industry in Asia-Pacific. Presently, North America (NA) maintains the biggest share of the infrastructural health monitoring market. It is the most technologically-advanced market for infrastructural health monitoring, due to the high penetration of these systems in this area. The U.S.A invests heavily in the civil and aerospace markets for higher safety.

In the process of finding out and checking the market value for various segments and sub-segments of the infrastructural health monitoring market collected by the secondary research, extensive primary audit sessions have been managed with main people. Break-up of the profiles of primary members taking part is shown below:

- By Company Type: Tier 1 - 55.0 percent, Tier 2 - 20.0 percent and Tier 3 - 25.0 percent

- By Description: C-suite - 60.0 percent, D-level - 25.0 percent, Others - 15.0 percent

- By area: North america (NA) - 10.0 percent, Europe - 20.0 percent, APAC - 40.0 percent, RoW - 30.0 percent

The geographic segmentation in the industry report includes four main regions of the world: North America continent, Europe (EU), Asia-Pac, and RoW. The report also profiles main actors in the infrastructural health monitoring market. Some of the main players in this industry are COWI A/S, AVTECH Software, Incorporated, Acellent Technologies Inc., Geocomp Corp., Nova Metrix LLC, Advitam Group, Geokon, Incorporated, Pure Technologies, Strainstall UK Ltd., Airbus Group, Structural Monitoring Systems Plc., Digitexx Data Systems, Incorporated, and BAE Systels (BAESF).

Why acquiring this study can help you:

This industry report caters to the needs of leading firms, final users, component manufacturers, and other related stakeholders in this sector. Other parties that could benefit from the analysis contain government bodies, environmental agencies, consulting firms, business development executives, C-level employees, and VPs. Our industry report would help analyze new opportunities and potential revenue sources and enhance the decision-making process for new business strategies. The quantitative and qualitative information in the market research, together with our comprehensive review, will facilitate a actor gain an edge in the sector

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