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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