Key Trends Influencing the Growth of the Infrastructure Inspection Market in 2025: AI Advancements Spearhead Growth In Infrastructure Inspection Market

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What Is the Expected CAGR for the Infrastructure Inspection Market Through 2025?
The market size of infrastructure inspection has seen a vigorous growth over the past years. It's projected to increase from $2.14 billion in 2024 to $2.27 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.9%. Factors such as outdated infrastructure, required regulatory compliance, the drive for cost cutting and improved efficiency, data analytics, reporting needs, as well as environmental concerns have contributed significantly to the growth seen in the past.

What's the Projected Size of the Global Infrastructure Inspection Market by 2029?
Anticipated robust expansion can be seen in the infrastructure inspection market in the forthcoming years, with a projection to reach a whopping $3.22 billion by 2029, marking a predicted compound annual growth rate (CAGR) of 9.2%. This surge through the forecast period is linked with the advent of remote inspection methods, heightened concentration on sustainability and cybersecurity, as well as predictive maintenance solutions. Distinguished trends for the forecast period include advancements in drone technology, technological progress, improved safety protocols, and automation to boost efficiency.

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Top Growth Drivers in the Infrastructure Inspection Industry: What's Accelerating the Market?
The increase in capital funding for structural health monitoring, aimed at improving the upkeep of crucial infrastructure, is anticipated to bolster the expansion of the infrastructure inspection market. Structural health monitoring (SHM) encompasses a range of systems implemented on large-scale civil structures to aid and inform operators. A range of structures like ageing bridges, highways, buildings, dams, pylons, tunnels, and others are examined to ensure structural solidity. For example, in March 2022, as reported by Govtribe, a company that concentrates on government contractors and supplies a real-time resource locator, the Federal Government endowed the Engineer Research and Development Centre (ERDC) with the opportunity to advance SHM technologies and evaluate the present and future state and dependability of infrastructure elements and systems, in the pursuit of innovative technologies in structural health monitoring. The first year saw an allocation of $2 million, culminating in a total budget of $12 million. Hence, the rise in capital financing for structural health monitoring is a key factor propelling the infrastructure inspection market evolution.

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What Trends Will Shape the Infrastructure Inspection Market Through 2029 and Beyond?
The advancement of technology is becoming a major trend within the infrastructure inspection market. The key companies in the market are focusing on innovating new technological solutions to solidify their market standing. For instance, in May 2022, Toshiba, a company based in Japan that operates in the infrastructure inspection realm, came up with an Infrastructure Inspection AI. This AI is capable of detecting any discrepancies with remarkable precision from a small set of reference images. Unlike traditional AI that needs real-world training, this technology pits inspection snapshots against reference images using features from pre-used deep learning models. The unique aspect of Toshiba's new AI is its ability to identify mishaps accurately regardless of the viewpoint from which the inspection photographs were taken, thanks to Toshiba's unique rectification technology. This technology also aids in minimizing false positives for unusual patterns that, in reality, are normal.

What Are the Main Segments in the Infrastructure Inspection Market?
The infrastructure inspection market covered in this report is segmented -

1) By Product Type: Drones Or Unmanned Aerial Vehicles (UAVs), Crawlers, Submersibles
2) By Operation: Autonomous, Semi-Autonomous
3) By Application: Pipes, Tanks And Vessels, Sewers, Roads And Bridges, Underwater Inspection, Wind Turbines, Nuclear Applications, Auxiliary Structures
4) By End-Use: Building And Construction, Oil And Gas, Power Generation, Chemical, Petrochemical, Municipal, General Purpose

Subsegments:
1) By Drones Or Unmanned Aerial Vehicles (UAVs): Fixed-Wing Drones, Rotary-Wing Drones (Quadcopters), Hybrid Drones, Drone Mapping And Surveying Equipment
2) By Crawlers: Tracked Crawlers, Wheeled Crawlers, Remote-Controlled Crawlers, Crawler Inspection Robots
3) By Submersibles: Remotely Operated Vehicles (ROVs), Autonomous Underwater Vehicles (AUVs), Inspection-Class Submersibles, Heavy-Duty Submersibles

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Which Top Companies are Driving Growth in the Infrastructure Inspection Market?
Major companies operating in the infrastructure inspection market include Jacobs Engineering Group Inc., AES Engineering Ltd., Bureau Veritas, Xylem Inc., FLIR Systems Inc., Eddyfi Technologies, Honeybee Robotics, Golder Associates Ltd., ERM Group, MISTRAS Group, Parrot Drone SAS, Lockheed Martin Corporation, Geokon Inc., Northrop Grumman Corporation, Campbell Scientific Inc., Geocomp Corporation, AVT Reliability Ltd., DJI Technology Co. Ltd., Pure Technologies Ltd Company, RAE Systems by Honeywell, Sisgeo S.r.l., Structural Monitoring Systems plc, Acellent Technologies Inc.

Which Regions Will Dominate the Infrastructure Inspection Market Through 2029?
North America was the largest region in the infrastructure inspection market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the infrastructure inspection market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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