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Infrastructure Monitoring Market Analysis 2023 : Market Growth Rate, Competitive Landscape And Top Opportunities | National Instruments Corporation, Campbell Scientific Inc.
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Infrastructure Monitoring Global Market Report 2023 identifies The growing demand for public infrastructure as the major driver for the Infrastructure Monitoring market's growth in the forecast period. Public infrastructure refers to infrastructure systems, buildings and facilities that are created, owned and maintained by the government and are accessible to the general public. Infrastructure monitoring is used in public infrastructure for inspection and maintenance of infrastructure, monitoring of the environment, emergency rescue and others to prevent accidents and major losses if accidents take place, where it uses real-time data collection, storage and analysis to enhance the safety of the structures.
The global infrastructure monitoring market size is expected to grow from $4.85 billion in 2022 to $5.39 billion in 2023 at a compound annual growth rate (CAGR) of 11.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global infrastructure monitoring market size is expected to grow to $8.46 billion in 2027 at a CAGR of 11.9%.
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Major competitors in the Infrastructure Monitoring market are National Instruments Corporation, Campbell Scientific Inc., Pure Technologies, Structural Monitoring Systems PLC., Acellent Technologies Inc.
A key trend in the Infrastructure Monitoring market includes Product innovations. Major companies operating in the infrastructure monitoring market are introducing innovative products to sustain their position in the market.
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The Infrastructure Monitoring market is segmented -
• By Component: Software, Hardware, Services
• By Technology: Wired, Wireless
• By Application: Corrosion Monitoring, Detection, Damage Detection, Hotspot Monitoring, Impact Monitoring, Multimodal Sensing, State Sensing, Strain Monitoring, Structural Health Monitoring And Non-Destructive Testing
• By End-User Industry: Mining, Aerospace And Defense, Civil Infrastructure, Energy, Other End-User Industries
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Infrastructure Monitoring market.
The Business Research Company's "Global Infrastructure Monitoring Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Infrastructure Monitoring Market Include:
1. Executive Summary
2. Infrastructure Monitoring Market Characteristics
3. Infrastructure Monitoring Market Trends And Strategies
4. Infrastructure Monitoring Market - Macro Economic Scenario
5. Infrastructure Monitoring Market Size And Growth
........
26. Africa Infrastructure Monitoring Market
27. Infrastructure Monitoring Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Infrastructure Monitoring Market
29. Infrastructure Monitoring Market Future Outlook and Potential Analysis
30. Appendix
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