The infrastructure monitoring ecosystem includes hardware component offering companies such as Nova Metrix (US), Geokon (US), Campbell Scientific (US), RST Instruments (Canada), and Sisgeo (Italy). Some of the software and service offering companies include COWI (Denmark), Geocomp (US), Acellent (US), and SIXENSE (France), among many others.
The overall infrastructure monitoring market is estimated to grow from USD 1.24 Billion in 2017 to USD 3.38 Billion by 2023.Global Infrastructure Monitoring market at a CAGR of 17.93% between 2018 and 2023.
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APAC expected to lead infrastructure monitoring market between 2017 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.
1 Ranking of Players, 2016
2 Competitive Scenario
3 Partnerships, Agreements, Collaborations, and Contracts
4 Product Launches/Developments
5 Mergers & Acquisitions
More Inquire of 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 at www.rnrmarketresearch.com/contacts/461560
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.
Key Target Audience:
- Semiconductor and electronic component manufacturers and distributors
- Sensor manufacturers and distributors
- Raw material and manufacturing equipment suppliers
- Original equipment manufacturers (OEMs)
- ODM and OEM technology solution providers
- Technology standards organizations, forums, alliances, and associations
- Government bodies, venture capitalists, and private equity firms
- System integrators
- Technology investors
The overall infrastructure monitoring market was dominated by Prominent players in the market include 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), and Geomotion Singapore (Singapore).
Key Point from Table of Content
7 Infrastructure Monitoring Market, By Technology
7.2 Wired Infrastructure Monitoring
7.3 Wireless Infrastructure Monitoring
8 Infrastructure Monitoring Market, By Offering
22.214.171.124 Displacement Sensors
126.96.36.199 Inclinometers and Tiltmeters
188.8.131.52 Strain Gauges
184.108.40.206 Corrosion Sensors
220.127.116.11 Temperature Sensors
18.104.22.168 Others (Acoustic Sensors, Ultrasonic Sensors, and So On)
8.2.2 Data Acquisition Systems (DAS) and Communication Systems
8.3 Software & Services
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