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North America Infrastructure Monitoring Market Size, Share & Industry Trends Analysis Report By Vertical, By Application, By Component (Hardware, Software, and Services), By Technology (Wireless, and Wired), By Country and Growth Forecast, 2023 - 2030

Publisher Knowledge Based Value (KBV) Research
Published Jul 31, 2023
Length 145 Pages
SKU # KBV18138481

Description

North America Infrastructure Monitoring Market Size, Share & Industry Trends Analysis Report By Vertical, By Application, By Component (Hardware, Software, and Services), By Technology (Wireless, and Wired), By Country and Growth Forecast, 2023 - 2030


The North America Infrastructure Monitoring Market would witness market growth of 9.8% CAGR during the forecast period (2023-2030).

Infrastructure monitoring involves tracking and evaluating the efficiency, reliability, and integrity of different types of hardware, assets, and pipelines utilized in infrastructure systems. The efficient transfer of fluids or gases through pipelines and the secure and dependable operation of key equipment depend on such monitoring.

Monitoring parameters such as temperature, vibration, pressure, electrical signals, and other relevant factors occurs continuously or regularly for machine infrastructure. The machine's sensors and data-collecting systems can be used to perform such monitoring. The gathered data is then examined to spot deviations, identify future problems, and improve maintenance plans.

The demand for structural monitoring systems is anticipated to expand further as infrastructure continues to deteriorate and governments emphasize the security and resilience of vital assets. Advancements in sensor technologies, data management platforms, and integration with other cutting-edge technologies, such as the Internet of Things (IoT) and cloud computing, are anticipated to enable more effective and comprehensive monitoring solutions in the market.

Metrics that understand device and application performance within a network are actively used in infrastructure monitoring. An organization gains a deeper understanding of its internal processes as an outcome by this. Monitoring of infrastructure enables planning for an organization. ITIM procedures will clearly indicate the network's vulnerabilities as the organization continues to operate.

For the fiscal year 2022, the Federal Aviation Administration of the United States has requested USD 18.5 billion from the president. This budget aims to facilitate new entrants into the national airspace and ensure aviation safety, among other things, to stimulate market expansion. The Environmental Partnership, an industry-led initiative, was also created to support the US's largest oil & gas companies by collaborating and gradually reducing adverse environmental effects. It is needed to lower emissions from oil & gas production in the US. It illustrates the transition toward growing environmental concerns regarding energy conservation and emissions by streamlining the predictive maintenance approaches and proper monitoring to support the market expansion.

The US market dominated the North America Infrastructure Monitoring Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2.4 billion by 2030. The Canada market is estimated to grow at a CAGR of 12.3% during (2023 - 2030). Additionally, The Mexico market would showcase a CAGR of 11.3% during (2023 - 2030).

Based on Vertical, the market is segmented into Construction, Manufacturing & Automotive, Oil & Gas, Aerospace & Defense, and Power Generation & Others. Based on Application, the market is segmented into Vibration Monitoring, Damage Detection, Corrosion Monitoring, Crack Detection, Thermal Monitoring, Multimodal Sensing, Strain Monitoring, and Others. Based on Component, the market is segmented into Hardware, Software, and Services. Based on Technology, the market is segmented into Wireless, and Wired. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Parker Hannifin Corporation, Siemens AG, General Electric Company, Honeywell International, Inc., Rockwell Automation, Inc., Yokogawa Electric Corporation, National Instruments Corporation, Acellent Technologies, Inc., Campbell Scientific, Inc., AVT Reliability Ltd (A.E.S. Engineering Limited)

Scope of the Study

Market Segments covered in the Report:

By Vertical
  • Construction
  • Manufacturing & Automotive
  • Oil & Gas
  • Aerospace & Defense
  • Power Generation & Others
By Application
  • Vibration Monitoring
  • Damage Detection
  • Corrosion Monitoring
  • Crack Detection
  • Thermal Monitoring
  • Multimodal Sensing
  • Strain Monitoring
  • Others
By Component
  • Hardware
  • Software
  • Services
By Technology
  • Wireless
  • Wired
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America
Companies Profiled
  • Parker Hannifin Corporation
  • Siemens AG
  • General Electric Company
  • Honeywell International, Inc.
  • Rockwell Automation, Inc.
  • Yokogawa Electric Corporation
  • National Instruments Corporation
  • Acellent Technologies, Inc.
  • Campbell Scientific, Inc.
  • AVT Reliability Ltd (A.E.S. Engineering Limited)
Unique Offerings from KBV Research
  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

145 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Infrastructure Monitoring Market, by Vertical
1.4.2 North America Infrastructure Monitoring Market, by Application
1.4.3 North America Infrastructure Monitoring Market, by Component
1.4.4 North America Infrastructure Monitoring Market, by Technology
1.4.5 North America Infrastructure Monitoring Market, by Country
1.5 Methodology for the research
Chapter 2. Market At a Glance
2.1 Key Highlight
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Geographical Expansions
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2019, Dec – 2023, Jun) Leading Players
4.4 Porter Five Forces Analysis
Chapter 5. North America Infrastructure Monitoring Market by Vertical
5.1 North America Construction Market by Country
5.2 North America Manufacturing & Automotive Market by Country
5.3 North America Oil & Gas Market by Country
5.4 North America Aerospace & Defense Market by Country
5.5 North America Power Generation & Others Market by Country
Chapter 6. North America Infrastructure Monitoring Market by Application
6.1 North America Vibration Monitoring Market by Country
6.2 North America Damage Detection Market by Country
6.3 North America Corrosion Monitoring Market by Country
6.4 North America Crack Detection Market by Country
6.5 North America Thermal Monitoring Market by Country
6.6 North America Multimodal Sensing Market by Country
6.7 North America Strain Monitoring Market by Country
6.8 North America Others Market by Country
Chapter 7. North America Infrastructure Monitoring Market by Component
7.1 North America Hardware Market by Country
7.2 North America Software Market by Country
7.3 North America Services Market by Country
Chapter 8. North America Infrastructure Monitoring Market by Technology
8.1 North America Wireless Market by Country
8.2 North America Wired Market by Country
Chapter 9. North America Infrastructure Monitoring Market by Country
9.1 US Infrastructure Monitoring Market
9.1.1 US Infrastructure Monitoring Market by Vertical
9.1.2 US Infrastructure Monitoring Market by Application
9.1.3 US Infrastructure Monitoring Market by Component
9.1.4 US Infrastructure Monitoring Market by Technology
9.2 Canada Infrastructure Monitoring Market
9.2.1 Canada Infrastructure Monitoring Market by Vertical
9.2.2 Canada Infrastructure Monitoring Market by Application
9.2.3 Canada Infrastructure Monitoring Market by Component
9.2.4 Canada Infrastructure Monitoring Market by Technology
9.3 Mexico Infrastructure Monitoring Market
9.3.1 Mexico Infrastructure Monitoring Market by Vertical
9.3.2 Mexico Infrastructure Monitoring Market by Application
9.3.3 Mexico Infrastructure Monitoring Market by Component
9.3.4 Mexico Infrastructure Monitoring Market by Technology
9.4 Rest of North America Infrastructure Monitoring Market
9.4.1 Rest of North America Infrastructure Monitoring Market by Vertical
9.4.2 Rest of North America Infrastructure Monitoring Market by Application
9.4.3 Rest of North America Infrastructure Monitoring Market by Component
9.4.4 Rest of North America Infrastructure Monitoring Market by Technology
Chapter 10. Company Profiles
10.1 Parker Hannifin Corporation
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.5.2 Product Launches and Product Expansions:
10.1.6 SWOT Analysis
10.2 Siemens AG
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.5.2 Acquisition and Mergers:
10.2.6 SWOT Analysis
10.3 General Electric Company
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expense
10.3.5 SWOT Analysis
10.4 Yokogawa Electric Corporation
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expenses
10.4.5 Recent strategies and developments:
10.4.5.1 Product Launches and Product Expansions:
10.4.5.2 Acquisition and Mergers:
10.4.6 SWOT Analysis
10.5 National Instruments Corporation
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Regional Analysis
10.5.4 Research & Development Expense
10.5.5 Recent strategies and developments:
10.5.5.1 Partnerships, Collaborations, and Agreements:
10.5.6 SWOT Analysis
10.6 Acellent Technologies, Inc.
10.6.1 Company Overview
10.6.2 SWOT Analysis
10.7 Campbell Scientific, Inc.
10.7.1 Company Overview
10.7.2 SWOT Analysis
10.8 Honeywell International, Inc.
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expenses
10.8.5 Recent strategies and developments:
10.8.5.1 Product Launches and Product Expansions:
10.8.5.2 Acquisition and Mergers:
10.8.5.3 Geographical Expansions:
10.8.6 SWOT Analysis
10.9 Rockwell Automation, Inc.
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expenses
10.9.1 SWOT Analysis
10.10. AVT Reliability Ltd (A.E.S. Engineering Limited)
10.10.1 Company Overview
10.10.1.1 Partnerships, Collaborations, and Agreements:
10.10.1.2 Acquisition and Mergers:
10.10.1.3 Product Launches and Product Expansions:
10.10.2 SWOT Analysis

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