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Infrastructure Monitoring Market Worth 2.47 Billion USD by 2020


News provided by

MarketsandMarkets

25 Jan, 2016, 18:00 GMT

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PUNE, India, January 25, 2016 /PRNewswire/ --

According to a new market research report "Infrastructure Monitoring Market by Technology (Wired and Wireless), Components, Application (Damage Detection and Others), End-User (Civil, Aerospace, Defense, Energy, Mining, and Others), and Geography - Global Trends & Forecast to 2020", published by MarketsandMarkets, the total market is expected to reach $2.47 Billion USD by 2020, at a CAGR of 26.3 % during the forecast period.

Browse more than 75 market data Tables with 74 Figures spread through 160 Pages and in-depth TOC on "Infrastructure Monitoring Market"

http://www.marketsandmarkets.com/Market-Reports/infrastructure-monitoring-market-251897013.html 

Early buyers will receive 10% customization on this report.

Increasing need of safety and reliability as well as the aging infrastructure are factors that drive the Infrastructure monitoring market.

Civil infrastructure is expected to lead the Infrastructure Monitoring for end users. 

The growing demand for infrastructure monitoring in civil infrastructure, worldwide is one of the key drivers of the market. To continue the growth of a country's economy, it is essential to monitor the health condition of the civil infrastructure and take necessary actions to avoid accidents. IHM has the ability to provide real-time monitoring solutions of civil structures, while reducing the maintenance cost.

Wireless technology is expected to exhibit high growth rate in the market for Infrastructure Monitoring. 

There is a growing demand for wireless technology in the Infrastructure Monitoring Market. Wireless infrastructure monitoring has emerged as a technology that would significantly influence the field of infrastructure asset management and structural monitoring.

The market in APAC is expected to grow at the highest CAGR during the forecast period. 

The market in APAC is expected to grow at high CAGR between 2015 and 2020 because of the rapid infrastructure development. Major driving factors include government regulatory bodies, large number of infrastructure construction projects, and natural calamities which create the need for IHM. China and Japan are the leading countries in the infrastructure monitoring market in this region.

The report analyzes the market trends for each of the segments and their respective growth rates. Apart from the market segmentation, the report also covers in-depth analyses such as Porter's five forces analysis, value chain analysis with a detailed process flow diagram, and market dynamics such as drivers, restraints, opportunities, and challenges for the growth of the infrastructure monitoring market. The report also provides a qualitative and quantitative description of the verticals considered for the market. It also gives a detailed view of the market across four geographic regions: the Americas, Europe, APAC, and RoW. The Americas is the largest market, while APAC has been identified as the fastest-growing market, globally.

 Ask For PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=251897013

The report also profiles the most promising players in the infrastructure monitoring market. The key players in the market are COWI A/S(Denmark), AVTECH Software, Inc. (U.S.), Acellent Technologies Inc.(U.S.), Geocomp Corp.(U.S.), Nova Metrix LLC (U.S.), Advitam Group (France), Geokon, Inc. (U.S.), Pure Technologies (Canada), Strainstall UK Ltd. (U.K.), Airbus Group (Netherlands), Structural Monitoring Systems Plc. (U.K.), Digitexx Data Systems, Inc. (U.S.), and BAE Systems ( U.K.).

Browse Related Reports 

Structural Health Monitoring (SHM) Market by Technology (Wired and Wireless), by Solution Type (Hardware and Software & Services), by Application (Bridges, Dams, Tunnels, Buildings, Stadiums, and Other), and by Geography - Global Trend & Forecast to 2020
http://www.marketsandmarkets.com/Market-Reports/structural-health-monitoring-market-101431220.html

Vibration Monitoring Market by Product (Portable & Non-Portable), Component (Accelerometer, Proximity Probe, & Others), Application (Aerospace & Defense, Automotive, Chemical, Metal & Mining, & Others) & Geography - Global Forecast to 2020
http://www.marketsandmarkets.com/Market-Reports/vibration-monitoring-market-29273491.html

About MarketsandMarkets 

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact: 

Mr. Rohan

Markets and Markets

 UNIT no 802, Tower no. 7, SEZ

Magarpatta city, Hadapsar

Pune, Maharashtra 411013, India
Tel: + 1-888-600-6441
Email: sales@marketsandmarkets.com

Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors

Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

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