Press release
Asia-Pacific Principal Bridge Inspection Services Market Is Estimated to Create an Absolute Dollar Opportunity Worth US$ 526 Mn by 2029
Aging of bridges owing to challenging environmental conditions and higher traffic volume makes bridges more prone to deterioration. With damages in bridges remaining undetected, the structural integrity and service capability of a bridge deteriorates.Click Here to Get Synopsis of This Report https://www.factmr.com/report/4526/bridge-inspection-services-market
Owing to this, the demand for routine bridge inspection is soaring in order to help obtain a better prediction of the deterioration progress and identify defects at an early stage. The newest report by Fact.MR estimates that the bridge inspection services market will witness a fourfold growth to reach a valuation of US$ 6.3 Bn by the end of 2029.
Further, effective integration of drones, mobile inspection, and virtual reality are expected to unlock future growth prospects in the global market. Bridge inspection, maintenance, and repair, coupled with rapid technological developments are foreseen to propel market growth, reveals Fact.MR.
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“Adoption of mobile inspection robots, drones, and virtual reality will improve the performance and efficiency of bridge inspection and will also open new growth prospects for service providers” says the Fact.MR analyst
Key Takeaways of Global Bridge Inspection Services Market
Routine bridge inspection services are projected to expand 1.4X as compared to 2019, and account for around 83% of the overall value opportunity in the global market by 2029 end. The growing awareness around damage caused by improper inspection will drive the segment of routine bridge inspection services.
The inventory inspection purpose segment is expected to create an absolute dollar opportunity ~US$ 766 Mn during the forecast period
Asia-Pacific will remain the prominent region across the forecast period, accounting for more than 35% share in the global market, as countries in this region are focusing on modernizing their infrastructure
Transportation over bridges account for nearly three-fifth of the overall bridge inspection market value by the end of the forecast duration
Demand for bridge construction with permanent bridges is projected to expand 1.3X as compared to 2019
Global Bridge Inspection Services Market: Segmentation
Segmentation table of the global bridge inspection services market has been provided below on the basis of inspection, inspection purpose, bridge category, testing, bridge construction and region.
Inspection
Superficial / Initial
Routine
Principal
Special
Damage
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Inspection Purpose
Inventory Inspection
Condition Inspection
Maintenance Inspection
Rehabilitation Inspection
Bridge Category
Transportation Over bridge
On Land
On Water Bodies
Pedestrian (Foot) Over Bridge
On Road
Transit Stations (Railways, Airport etc.)
Commercial Spaces and Amusement Parks
Railway Over bridge
Pipeline Bridge
Testing
Concrete Structure Testing
Rebound Hammer Test
Carbonation Depth
Ultrasonic Pulse Velocity Test
Half Cell Electric Potential Test
Rebar Detection Test
Infrared Thermal Imaging Test
Compressive Strength Test
Steel Structure Testing
Paint Thickness Test
Metal Thickness Test
Magnetic Particle Testing
Eddy Current Testing
Special Non-Destructive Test
Ultrasonic Flow Detection Test
Static Load Carrying Test
Dynamic Load Carrying Test
Ambient Vibration Test
Impact Vibration Test.
SONAR Test (For Scouring)
Impact Echo Test
X-Ray Test
In-Situ Stress Measurement Test.
Bridge Construction
Permanent Bridges
Fixed Bridges
Movable Bridges
Temporary Bridges
Fixed Bridges
Movable Bridges
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Following Questions Answers Covered in the Report are:
How will the global Bridge Inspection Services Market perform during the forecast period? What will be the market size in terms of value and volume?
Which segment will drive the global Bridge Inspection Services Market? Which regional market will show extensive growth in the future? What are the reasons?
How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
What are the key strategies adopted by players to sustain themselves in the global Bridge Inspection Services Market?
How will these strategies influence the market growth and competition?
Regional analysis includes
North America (U.S., Canada)
Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
CIS & Russia
Japan
Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)
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The Report Covers Exhaustive Analysis On:
Market Segments
Market Dynamics
Market Size & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Find More Valuable Insights on Bridge Inspection Services Market
Fact.MR, in its new offering, brings to fore an unbiased analysis of the global bridge inspection services market, presenting historical demand data (2014-2018) and forecast statistics for the period, 2019-2029. The study divulges compelling insights on the bridge inspection services market based on inspection (superficial/initial, routine, principal, special, and damage), inspection purpose (inventory, condition, maintenance, and rehabilitation), bridge category (transportation over bridge, (pedestrian foot over bridge, railway over bridge, and pipeline bridge), testing (concrete structure testing, steel structure testing, and special non-destructive testing), and bridge construction (permanent bridge and temporary bridge) across four major regions.
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