Infrastructure Monitoring Market - Global Trends & Forecast to 2020

The infrastructure monitoring market is expected to reach USD 2.47billion by 2020, at a CAGR of 26.3% between 2015 and 2020. Increasing initiatives of governments worldwide toward the rising need for public safety and reliability as well as the aging infrastructure are likely to drive the infrastructural health monitoring market.
“Civil Infrastructure expected to lead the end user segment of the infrastructural health monitoring during the forecast period”
An infrastructure monitoring system plays a key role in the civil infrastructure 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 the real-time monitoring solutions of civil structures such as bridges, tunnels, dams, buildings, and others, while reducing the maintenance cost. In addition, the market for energy is expected to grow at the highest CAGR among all other industries. The growth in these two industries can be attributed to the rising adoption of infrastructural health monitoring systems.
“North America expected to hold the largest market share during the forecast period”
APAC is estimated to be the fastest-growing market till 2020. Civil and energy are major sectors driving the growth of the infrastructure monitoring market in APAC. China and Japan are the leading countries in the infrastructural health monitoring market in this region. Moreover, increasing infrastructure and government initiatives in these countries are likely to drive the market in APAC. Currently, North America holds the largest share of the infrastructural health monitoring market. It is the most technologically-advanced market for infrastructural health monitoring, owing to the high penetration of these systems in this region. The U.S. invests heavily in the civil and aerospace sectors for higher safety.
In the process of determining and verifying the market size for several segments and sub-segments of the infrastructural health monitoring market gathered through the secondary research, extensive primary interviews have been conducted with key people. Break-up of the profiles of primary participants is shown below:
‧ By Company Type: Tier 1 – 55%, Tier 2 – 20% and Tier 3 – 25%
‧ By Designation: C level – 60%, Director level – 25%, Others – 15%
‧ By Region: North America – 10%, Europe – 20%, APAC – 40%, RoW – 30%
The geographic segmentation in the report covers four major regions of the world: North America, Europe, APAC, and RoW. The report also profiles major players in the infrastructural health monitoring market. Some of the major players in this 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.).

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TABLE OF CONTENTS

1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 MARKET SCOPE 16
1.3.1 MARKETS COVERED 16
1.3.2 YEARS CONSIDERED FOR THE STUDY 17
1.4 CURRENCY 17
1.5 PACKAGE 17
1.6 STAKEHOLDERS 17
1.7 LIMITATIONS 18
2 RESEARCH METHODOLOGY 19
2.1 RESEARCH DATA 19
2.1.1 SECONDARY DATA 20
2.1.1.1 Key data from secondary sources 20
2.1.2 PRIMARY DATA 21
2.1.2.1 Key data from primary sources 21
2.1.2.2 Key industry insights 22
2.1.2.3 Breakdown of primaries 22
2.2 MARKET SIZE ESTIMATION 23
2.3 DATA TRIANGULATION 25
2.4 RESEARCH ASSUMPTIONS 26
2.4.1 ASSUMPTIONS 26
3 EXECUTIVE SUMMARY 27
4 PREMIUM INSIGHTS 32
4.1 ATTRACTIVE OPPORTUNITIES IN THE INFRASTRUCTURAL HEALTH MONITORING MARKET 32
4.2 INFRASTRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY 33
4.3 APPLICATION IN THE CIVIL SECTOR IS EXPECTED TO HOLD THE LARGEST MARKET SHARE 34
4.4 APAC EXPECTED TO BE THE FASTEST-GROWING MARKET FOR IHM DURING
THE FORECAST PERIOD 35
4.5 INFRASTRUCTURAL HEALTH MONITORING MARKET, BY GEOGRAPHY 36
4.6 LIFE CYCLE ANALYSIS, BY GEOGRAPHY 37

5 MARKET OVERVIEW 38
5.1 INTRODUCTION 39
5.2 MARKET EVOLUTION 40
5.3 MARKET SEGMENTATION 41
5.3.1 MARKET, BY TECHNOLOGY 41
5.3.2 MARKET, BY APPLICATION 41
5.3.3 MARKET, BY COMPONENT 42
5.3.4 MARKET, BY END USER 42
5.3.5 MARKET, BY GEOGRAPHY 43
5.4 MARKET DYNAMICS 44
5.4.1 DRIVERS 44
5.4.1.1 Aging infrastructure & cost 44
5.4.1.2 Decreasing cost of sensors 46
5.4.1.3 Wireless sensor network (WSN) 46
5.4.1.4 Increasing need for safety and reliability 47
5.4.2 RESTRAINTS 48
5.4.2.1 Large amount of data management and processing 48
5.4.2.2 High cost of IHM systems 48
5.4.3 OPPORTUNITIES 49
5.4.3.1 Increasing adoption of IHM in a wide range of industries
and government agencies 49
5.4.3.2 Usage of self-healing sensors 49
5.4.3.3 Possible adoption of IHM in aerospace 49
5.4.4 CHALLENGES 50
5.4.4.1 Technical and operational complexities 50
5.4.4.2 The lack of standards in system implementation and design 50
6 INDUSTRY TRENDS 51
6.1 INTRODUCTION 51
6.2 VALUE CHAIN ANALYSIS 51
6.3 PORTER’S FIVE FORCES ANALYSIS 52
6.3.1 COMPETITIVE RIVALRY 53
6.3.2 BARGAINING POWER OF BUYERS 55
6.3.3 BARGAINING POWER OF SUPPLIERS 56
6.3.4 THREAT OF NEW ENTRANTS 57
7 INFRASTRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY 58
7.1 INTRODUCTION 59
7.2 WIRED TYPE IHM 60
7.3 WIRELESS TYPE IHM 61

8 INFRASTRUCTURAL HEALTH MONITORING MARKET, BY APPLICATION 64
8.1 INTRODUCTION 65
8.2 DAMAGE DETECTION 66
8.3 CRACK DETECTION 67
8.4 IMPACT MONITORING 67
8.5 CORROSION MONITORING 68
8.6 STRAIN MONITORING 68
8.7 HOTSPOT MONITORING 68
8.8 STATE SENSING 69
8.9 MULTI-MODAL SENSING 69
9 INFRASTRUCTURAL HEALTH MONITORING MARKET, BY COMPONENT 70
9.1 INTRODUCTION 71
9.2 HARDWARE 72
9.2.1 SENSORS 74
9.2.2 DAS & COMMUNICATION SYSTEMS 78
9.2.3 OTHERS 79
9.3 SOFTWARE & SERVICES 80
9.3.1 MATLAB 80
9.3.2 SCADA 81
9.3.3 CONSULTING 81
10 INFRASTRUCTURAL HEALTH MONITORING MARKET, BY END USER 83
10.1 INTRODUCTION 84
10.2 CIVIL 85
10.3 AEROSPACE 88
10.4 DEFENSE 91
10.5 ENERGY 93
10.6 MINING 96
10.7 OTHERS 99
11 INFRASTRUCTURAL HEALTH MONITORING MARKET, BY GEOGRAPHY 102
11.1 INTRODUCTION 103
11.2 AMERICAS 104
11.2.1 NORTH AMERICA 107
11.2.1.1 U.S. 107
11.2.1.2 Others 108
11.2.2 SOUTH AMERICA 109
11.2.2.1 Brazil 109
11.2.2.2 Others 109

11.3 EUROPE 110
11.3.1 U.K. 112
11.3.2 FRANCE 112
11.3.3 GERMANY 112
11.3.4 REST OF EUROPE 112
11.4 APAC 114
11.4.1 CHINA 116
11.4.2 JAPAN 116
11.4.3 SOUTH KOREA 116
11.4.4 REST OF APAC 116
11.5 REST OF THE WORLD 118
11.5.1 MIDDLE EAST 118
11.5.2 AFRICA 118
11.5.3 AUSTRALIA, NEW ZEALAND, AND OCEANIA 118
12 COMPETITIVE LANDSCAPE 121
12.1 OVERVIEW 121
12.2 MARKET RANKING FOR INFRASTRUCTURAL HEALTH MONITORING (IHM) 122
12.3 COMPETITIVE SCENARIO 124
12.4 RECENT DEVELOPMENTS 126
12.4.1 CONTRACTS, AGREEMENTS, AND PARTNERSHIPS 126
12.4.2 NEW PRODUCT LAUNCHES 126
12.4.3 MERGERS & ACQUISITIONS 127
13 COMPANY PROFILES 128
(Company at a Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
13.1 INTRODUCTION 128
13.2 COWI A/S. 129
13.3 ADVITAM GROUP 131
13.4 ACELLENT TECHNOLOGIES 133
13.5 GEOCOMP CORP. 136
13.6 NOVA METRIX LLC 139
13.7 GEOKON, INC. 141
13.8 AVT RELIABILITY 143
13.9 PURE TECHNOLOGIES 144
13.10 STRAINSTALL UK LTD 146
13.11 AIRBUS GROUP 148
13.12 STRUCTURAL MONITORING SYSTEMS 150
13.13 DIGITEXX DATA SYSTEMS, INC. 152
13.14 BAE SYSTEMS 153
*Details on company at a glance, recent financials, products & services, strategies & insights, & recent developments might not be captured in case of unlisted companies.
14 APPENDIX 155
14.1 INSIGHTS OF INDUSTRY EXPERTS 155
14.2 DISCUSSION GUIDE 156
14.3 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 159
14.4 AVAILABLE CUSTOMIZATIONS 160
14.5 RELATED REPORTS 160