Edit
Bizwit-Logo-Final

Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

With the emergence and long-term Impact of COVID-19, Global Infrastructure Monitoring Market to reach USD 10.04 Billion by 2030

Bizwit Research & Consulting LLP’s Recent Analysis on Global Infrastructure Monitoring Market is poised to raise up to USD 10.4 Billion by 2030. The Infrastructure Monitoring Market refers to the industry that provides solutions and technologies for monitoring and analyzing the condition, performance, and integrity of various types of infrastructure, including buildings, bridges, dams, pipelines, and transportation systems, to ensure their safety, efficiency, and longevity. The Infrastructure Monitoring Market is being driven by factors such as increasing urbanization & infrastructure and technology advancement in sensor technology. In addition to smart cities & IoT integration and rising demand for remote monitoring create lucrative opportunities for the market. However, the high implementation and maintenance costs hinder the market growth throughout the forecast period of 2023-2030.

Geographically, the global Infrastructure Monitoring market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). North America dominated the market in 2022 owing to the advanced infrastructure networks. North America has well-developed infrastructure networks, including transportation systems, utilities, buildings, and industrial facilities and investing heavily in smart city building. Asia Pacific is considered the fastest growing region during the forecast period due to rapid urbanization and significant infrastructure development, driven by population growth, economic expansion, and industrialization in the region.

The global Infrastructure Monitoring market is highly competitive owing to the presence of several key manufacturers such as Acellent Technologies, Inc.. Emerson Electric Co., Digitex Systems Ltd, Campbell Scientific, Inc., National Instruments Corporation, Honeywell International Inc. and others.

For further analysis on this or to request a sample copy of this report, please click the link mentioned below:

Global Infrastructure Monitoring Market Size study & Forecast, by Component (Hardware, Software, Services), by Technology (Wired, Wireless), by Application (Corrosion Monitoring, Crack Detection, Damage Detection, Vibration Monitoring, Thermal Monitoring, Multimodal Sensing, Strain Monitoring, Others), by Vertical (Oil & Gas, Manufacturing, Aerospace and Defense, Construction, Automotive, Power Generation, Others) and Regional Analysis, 2023-2030

Key findings of the study suggest:

  • Global Infrastructure Monitoring Market is anticipated to grow with a healthy growth rate of more than 11% over the forecast period 2023-2030.
  • In the Component segment, Hardware emerged out as the leading market segment in 2022.
  • In the Technology segment, Wired emerged out as the leading market segment in 2022.
  • North America is anticipated to drive regional growth owing to the advanced infrastructure networks. North America has well-developed infrastructure networks, including transportation systems, utilities, buildings, and industrial facilities and investing heavily in smart city building.
  • Asia-Pacific is expected to grow at higher rate followed by North America during 2023-2030.

Bizwit Research & Consulting has considered following segments for the study:

Component:

  • Hardware
  • Software
  • Services

Technology:

  • Wired
  • Wireless

Application:

  • Corrosion Monitoring
  • Crack Detection
  • Damage Detection
  • Vibration Monitoring
  • Thermal Monitoring
  • Multimodal Sensing
  • Strain Monitoring
  • Others

Vertical:

  • Oil & Gas
  • Manufacturing
  • Aerospace and Defense
  • Construction
  • Automotive
  • Power Generation
  • Others

Regional Outlook

  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Korea
    • Australia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of Middle East & Africa

To get a sample of this report or to purchase a copy of the study, you can directly contact us at: sales@bizwitresearch.com

About Us

Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. The company has a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. Bizwit incorporate big data, expert analysis, and huge industry database to deliver client focused business consulting reports. Our analysts perform unbiased measurement and assessment of market opportunities to comprehend detailed market forecast. Our team of key opinion leaders evaluates the market size, growth prospects, end-use, applications, value & supply chain and top vendors in the industry to help the clients to take conversant business decisions without any vague assumptions.

Contact US

Global Business Development

Phone : +1 209 498-3066

Email: Sales@bizwitresearch.com

Website: www.bizwitresearch.com

Leave a Reply

Your email address will not be published. Required fields are marked *