1. Home
  2. > Aerospace and Defense
  3. > Aerospace
  4. > Aviation
  5. > Aircraft
  6. > Drone Market Trends
Infrastructure Inspection Global Market Report 2022: Ukraine-Russia War Impact

Infrastructure Inspection Global Market Report 2022: Ukraine-Russia War Impact

  • November 2022
  • 175 pages
  • ID: 6368700
  • Format: PDF
  • The Business Research Company

Summary

Table of Contents

Major players in the infrastructure inspection market are Honeybee Robotics, Eddyfi Technologies, Wipro Limited, Xylem Inc., Campbell Scientific Inc., Geokon , Digitexx Data Systems Inc. , Sisgeo S.r.l., AVT Reliability Ltd , MISTRAS Group, Wipro, Intel Corporation , Lockheed Martin Corporation, Northrop Grumman, DJI, Parrot Drone SAS., and Acellent Technologies Inc.

The global infrastructure inspection market is expected to grow from $1.81 billion in 2021 to $1.97 billion in 2022 at a compound annual growth rate (CAGR) of 8.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting manyevery markets across the globe. The infrastructure inspection market is expected to grow to $2.77 billion in 2026 at a CAGR of 8.9%.

The infrastructure inspection market consists of sales of infrastructure inspection by entities (organizations, sole traders, and partnerships) that are used in analysing and monitoring tools that help to analyse the state of the infrastructure.Infrastructure inspection refers to the technology that involves collecting and assessing meaningful data about the infrastructure.

Infrastructure inspections can include bridges, pipelines, power grids, and other facilities that are essential to the use and safety of structures.

The main types of infrastructure inspection are drones, unmanned aerial vehicles (UAVs), crawlers, and submersibles.A crawler refers to a programme that visits Web sites and reads their pages and other information in order to create entries for a search engine index.

The operations are autonomous or semi-autonomous.The various applications involved pipes, tanks and vessels, sewers, roads and bridges, underwater inspection, wind turbines, nuclear applications, and auxiliary structures.

The various end-users included building and construction, oil and gas, power generation, chemicals, petrochemicals, municipal, and general purpose.

North America was the largest region in the infrastructure inspection market in 2021. The regions covered in this infrastructure inspection market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The surge in capital investments for structural health monitoring to ensure better maintenance of critical infrastructure is expected to propel the growth of the infrastructure inspection market going forward.Structural health monitoring (SHM) is a set of systems that are installed on full-scale civil infrastructures to assist and inform operators.

To ensure structural integrity, ageing bridges, highways, buildings, dams, pylons, tunnels, and other structures are inspected.For instance, in March 2022, according to a report by Govtribe, a US-based company that focuses on government contractors and provides a real-time resource locator, the Federal Government granted the opportunity to Engineer Research and Development Centre (ERDC) for innovative technologies in structural health monitoring to advance structural health monitoring (SHM) technologies and assess the current and future condition and reliability of infrastructure components and systems.

The first year was allocated $2 million, with a total budget of $12 million. Therefore, the surge in capital investments for structural health monitoring is driving the growth of the infrastructure inspection market.

Technological advancement is a key trend gaining popularity in the infrastructure inspection market.Major companies operating in the infrastructure inspection market are focused on developing new technological solutions to strengthen their position.

For instance, in May 2022, Toshiba, a Japan-based company operating in infrastructure inspection, develops Infrastructure Inspection AI for detecting anomalies with unprecedented accuracy from a small number of reference images.Instead of requiring real-world training like traditional AI, the technology compares inspection shots against reference images using features from pre-trained deep learning models.

The new AI would detect anomalies with high accuracy even when inspection photos are taken from different perspectives than in the reference images because of Toshiba’s proprietary rectification technology. This technology also helps to reduce false positives for unusual patterns that are truly normal.

In July 2022, DroneBase, a US-based leader in intelligent imaging, acquired U.K.-based Inspection for an undisclosed amount. DroneBase’s acquisition of Inspection2 expands DroneBase’s AI-enabled inspection capabilities across telecom and transmission and distribution, creating a complete offering for owners, operators, and investors in renewable energy infrastructure and systems. Inspection2 is a UK-based company operating in infrastructure inspection.

The countries covered in the infrastructure inspection market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The infrastructure inspection market research report is one of a series of new reports that provides infrastructure inspection market statistics, including infrastructure inspection industry global market size, regional shares, competitors with an infrastructure inspection market share, detailed infrastructure inspection market segments, market trends and opportunities, and any further data you may need to thrive in the infrastructure inspection industry. This infrastructure inspection market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Grace helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

South America Predictive Maintenance Market Forecast to 2028 - COVID-19 Impact and Regional Analysis by Component, Deployment Type, Technique, and Industry

  • $ 3000
  • December 2022
  • 156 pages

South America Predictive Maintenance Market Forecast to 2028 - COVID-19 Impact and Regional Analysis by Component (Solutions and Services), Deployment Type (Cloud and On-Premise), Technique (Vibration ...

  • Brazil
  • Hydropower
  • Renewable Energy
  • Industry analysis

ref:plp2022

Reportlinker.com © Copyright 2023. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on