Global Infrastructure Monitoring MarketSize & Trends Shows a Rapid Growth by 2027


Posted September 16, 2021 by danishahmed

The Global Infrastructure Monitoring Market is estimated to grow at a CAGR of nearly 16.0% during the forecast period.

 
The Global Infrastructure Monitoring Market is estimated to grow at a CAGR of nearly 16.0% during the forecast period. Rising investment in port infrastructure is offering an opportunity for the growth of the market. The investment in port infrastructure has primarily led by the rising maritime transportation coupled with the increasing global trade operations. Approximately 80% of the global trade is conducted by the sea which increases the need for ports across the globe. In 2017, the handling of bulk and containerized cargo and port activity increased rapidly across the globe. The container terminals across the globe have shown the rise in the volume of nearly 6% in 2017, rose from 2.1% in 2016.

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The global infrastructure monitoring market is estimated to grow at a CAGR of nearly 16.0% during the forecast period. Infrastructure monitoring is also known as structural health monitoring (SHM), which involves a range of connected sensors for collection and analysis of data, at every moment during the service life of the structure. The major factors contributing to the growth of the market include significant investment in infrastructure projects and rising demand for SHM in the energy sector. Both developed and developing countries are focusing on the investment in infrastructure projects owing to the increasing ageing infrastructure across the countries, which creates several problems such as delay in shipments and losing time and disruptions in the energy supplies. 


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Company Profiles

Acellent Technologies, Inc.
 AVT Reliability Ltd. (AES Engineering Corp.)
Campbell Scientific, Inc.
Digitexx Data Systems, Inc.
 Geocomp Corp.
Geokon Inc.
Geomotion Singapore
 Hottinger, Brüel & Kjaer (HBK), (Spectris plc)
 Kinemetrics, Inc.
Mabey Holdings Ltd.

Market Segmentation
Global Infrastructure Monitoring Market by Technology 

 Wired
 Wireless
 Global Infrastructure Monitoring Market by Component
 Hardware
 Software and Services

Global Infrastructure Monitoring Market by End-User

 Civil 
 Aerospace and Defense
 Energy
 Industrial Machinery
Mining
 Others



Market Segmentation

Global Infrastructure Monitoring Market– Segmentation by Region
North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America


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Contact Email [email protected]
Issued By Danish Ahmed
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Country India
Categories Business
Tags global infrastructure monitoring market
Last Updated September 16, 2021