The Asia Pacific IoT in Construction Market would witness market growth of 14.7% CAGR during the forecast period (2023-2029).
Construction IoT solutions drastically change how the industry pivots as they become more widely available. Every partner may now comprehend what happens at every level of the real-time development process, from planning through constructive development, post-development, and how the structure performs during administration. Managing security & safety is among the most difficult tasks on a construction site. IoT-enabled tags can easily stop material or item theft because these sensors will let the user know where the materials or items are.
It is no longer essential to send out a human worker to conduct an in-depth analysis. IoT makes it possible to create a digital, real-time map of the working site that includes the most recent risks related to the operation and warns each employee when they reach at the area of risk. IoT technology will not only shield workers from hazardous situations, but additionally, it will be able to identify them before or as they develop. With real-time IoT data, employees may be more proactive about issues on the job site and avoid situations that might cause a safety incident and lost time.
The site logistics and material handling system has been cited as the main contributor to low productivity on construction sites. This is because it requires workers to handle equipment and materials more than once, moving them from delivery vehicles to warehouses or other storage facilities and back to their final destination. Considering this concern, Japanese construction businesses have started using robotics and other automation methods to manage site logistics and material handling. For example, automated high-rise building assembly systems are designed to solve this problem since they coordinate logistics and material handling on the construction site, like how a factory coordinates material handling throughout the manufacturing process. These factors suggest that the IoT in construction market will expand in the region.
The China market dominated the Asia Pacific IoT in Construction Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $2,694.4 million by 2029. The Japan market is estimated to grow a CAGR of 13.9% during (2023 - 2029). Additionally, The India market would exhibit a CAGR of 15.4% during (2023 - 2029).
Based on End User, the market is segmented into Non-residential and Residential. Based on Component, the market is segmented into Hardware, Software, Services and Connectivity. Based on Application, the market is segmented into Predictive Maintenance, Asset Monitoring, Wearables, Fleet Management and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide IoT in Construction Market is Projected to reach USD 30.2 Billion by 2029, at a CAGR of 14.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Autodesk, Inc., Advanced Opto-Mechanical Systems and Technologies Inc., CalAmp Corp, Hexagon AB, Hilti AG, Oracle Corporation, Topcon Corporation, Triax Technologies, Inc., Trimble, Inc., and Giatec Scientific Inc.
Scope of the Study
Market Segments Covered in the Report:
By End User
- Non-residential
- Residential
By Component
- Hardware
- Software
- Services
- Connectivity
By Application
- Predictive Maintenance
- Asset Monitoring
- Wearables
- Fleet Management
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Autodesk, Inc.
- Advanced Opto-Mechanical Systems and Technologies Inc.
- CalAmp Corp
- Hexagon AB
- Hilti AG
- Oracle Corporation
- Topcon Corporation
- Triax Technologies, Inc.
- Trimble, Inc.
- Giatec Scientific Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific IoT in Construction Market, by End User
1.4.2 Asia Pacific IoT in Construction Market, by Component
1.4.3 Asia Pacific IoT in Construction Market, by Application
1.4.4 Asia Pacific IoT in Construction Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
Chapter 4. Asia Pacific IoT in Construction Market by End User
4.1 Asia Pacific Non-residential Market by Country
4.2 Asia Pacific Residential Market by Country
Chapter 5. Asia Pacific IoT in Construction Market by Component
5.1 Asia Pacific Hardware Market by Country
5.2 Asia Pacific Software Market by Country
5.3 Asia Pacific Services Market by Country
5.4 Asia Pacific Connectivity Market by Country
Chapter 6. Asia Pacific IoT in Construction Market by Application
6.1 Asia Pacific Predictive Maintenance Market by Country
6.2 Asia Pacific Asset Monitoring Market by Country
6.3 Asia Pacific Wearables Market by Country
6.4 Asia Pacific Fleet Management Market by Country
6.5 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific IoT in Construction Market by Country
7.1 China IoT in Construction Market
7.1.1 China IoT in Construction Market by End User
7.1.2 China IoT in Construction Market by Component
7.1.3 China IoT in Construction Market by Application
7.2 Japan IoT in Construction Market
7.2.1 Japan IoT in Construction Market by End User
7.2.2 Japan IoT in Construction Market by Component
7.2.3 Japan IoT in Construction Market by Application
7.3 India IoT in Construction Market
7.3.1 India IoT in Construction Market by End User
7.3.2 India IoT in Construction Market by Component
7.3.3 India IoT in Construction Market by Application
7.4 South Korea IoT in Construction Market
7.4.1 South Korea IoT in Construction Market by End User
7.4.2 South Korea IoT in Construction Market by Component
7.4.3 South Korea IoT in Construction Market by Application
7.5 Singapore IoT in Construction Market
7.5.1 Singapore IoT in Construction Market by End User
7.5.2 Singapore IoT in Construction Market by Component
7.5.3 Singapore IoT in Construction Market by Application
7.6 Malaysia IoT in Construction Market
7.6.1 Malaysia IoT in Construction Market by End User
7.6.2 Malaysia IoT in Construction Market by Component
7.6.3 Malaysia IoT in Construction Market by Application
7.7 Rest of Asia Pacific IoT in Construction Market
7.7.1 Rest of Asia Pacific IoT in Construction Market by End User
7.7.2 Rest of Asia Pacific IoT in Construction Market by Component
7.7.3 Rest of Asia Pacific IoT in Construction Market by Application
Chapter 8. Company Profiles
8.1 Autodesk, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.1.5.3 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 Advanced Opto-Mechanical Systems and Technologies Inc.
8.2.1 Company Overview
8.3 CalAmp Corp.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.4 Hexagon AB
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional & Segmental Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Acquisition and Mergers:
8.5 Hilti AG
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Product Launches and Product Expansions:
8.5.5.3 Acquisition and Mergers:
8.6 Oracle Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Geographical Expansions:
8.6.6 SWOT Analysis
8.7 Topcon Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Acquisition and Mergers:
8.8 Triax Technologies, Inc.
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Product Launches and Product Expansions:
8.9 Trimble, Inc.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.5.2 Acquisition and Mergers:
8.10. Giatec Scientific Inc.
8.10.1 Company Overview
TABLE 1 Asia Pacific IoT in Construction Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific IoT in Construction Market, 2023 - 2029, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– IoT in Construction Market
TABLE 4 Product Launches And Product Expansions– IoT in Construction Market
TABLE 5 Acquisition and Mergers– IoT in Construction Market
TABLE 6 Geographical Expansions – IoT in Construction Market
TABLE 7 Asia Pacific IoT in Construction Market by End User, 2019 - 2022, USD Million
TABLE 8 Asia Pacific IoT in Construction Market by End User, 2023 - 2029, USD Million
TABLE 9 Asia Pacific Non-residential Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Non-residential Market by Country, 2023 - 2029, USD Million
TABLE 11 Asia Pacific Residential Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Residential Market by Country, 2023 - 2029, USD Million
TABLE 13 Asia Pacific IoT in Construction Market by Component, 2019 - 2022, USD Million
TABLE 14 Asia Pacific IoT in Construction Market by Component, 2023 - 2029, USD Million
TABLE 15 Asia Pacific Hardware Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Hardware Market by Country, 2023 - 2029, USD Million
TABLE 17 Asia Pacific Software Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Software Market by Country, 2023 - 2029, USD Million
TABLE 19 Asia Pacific Services Market by Country, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Services Market by Country, 2023 - 2029, USD Million
TABLE 21 Asia Pacific Connectivity Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Connectivity Market by Country, 2023 - 2029, USD Million
TABLE 23 Asia Pacific IoT in Construction Market by Application, 2019 - 2022, USD Million
TABLE 24 Asia Pacific IoT in Construction Market by Application, 2023 - 2029, USD Million
TABLE 25 Asia Pacific Predictive Maintenance Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Predictive Maintenance Market by Country, 2023 - 2029, USD Million
TABLE 27 Asia Pacific Asset Monitoring Market by Country, 2019 - 2022, USD Million
TABLE 28 Asia Pacific Asset Monitoring Market by Country, 2023 - 2029, USD Million
TABLE 29 Asia Pacific Wearables Market by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Wearables Market by Country, 2023 - 2029, USD Million
TABLE 31 Asia Pacific Fleet Management Market by Country, 2019 - 2022, USD Million
TABLE 32 Asia Pacific Fleet Management Market by Country, 2023 - 2029, USD Million
TABLE 33 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Others Market by Country, 2023 - 2029, USD Million
TABLE 35 Asia Pacific IoT in Construction Market by Country, 2019 - 2022, USD Million
TABLE 36 Asia Pacific IoT in Construction Market by Country, 2023 - 2029, USD Million
TABLE 37 China IoT in Construction Market, 2019 - 2022, USD Million
TABLE 38 China IoT in Construction Market, 2023 - 2029, USD Million
TABLE 39 China IoT in Construction Market by End User, 2019 - 2022, USD Million
TABLE 40 China IoT in Construction Market by End User, 2023 - 2029, USD Million
TABLE 41 China IoT in Construction Market by Component, 2019 - 2022, USD Million
TABLE 42 China IoT in Construction Market by Component, 2023 - 2029, USD Million
TABLE 43 China IoT in Construction Market by Application, 2019 - 2022, USD Million
TABLE 44 China IoT in Construction Market by Application, 2023 - 2029, USD Million
TABLE 45 Japan IoT in Construction Market, 2019 - 2022, USD Million
TABLE 46 Japan IoT in Construction Market, 2023 - 2029, USD Million
TABLE 47 Japan IoT in Construction Market by End User, 2019 - 2022, USD Million
TABLE 48 Japan IoT in Construction Market by End User, 2023 - 2029, USD Million
TABLE 49 Japan IoT in Construction Market by Component, 2019 - 2022, USD Million
TABLE 50 Japan IoT in Construction Market by Component, 2023 - 2029, USD Million
TABLE 51 Japan IoT in Construction Market by Application, 2019 - 2022, USD Million
TABLE 52 Japan IoT in Construction Market by Application, 2023 - 2029, USD Million
TABLE 53 India IoT in Construction Market, 2019 - 2022, USD Million
TABLE 54 India IoT in Construction Market, 2023 - 2029, USD Million
TABLE 55 India IoT in Construction Market by End User, 2019 - 2022, USD Million
TABLE 56 India IoT in Construction Market by End User, 2023 - 2029, USD Million
TABLE 57 India IoT in Construction Market by Component, 2019 - 2022, USD Million
TABLE 58 India IoT in Construction Market by Component, 2023 - 2029, USD Million
TABLE 59 India IoT in Construction Market by Application, 2019 - 2022, USD Million
TABLE 60 India IoT in Construction Market by Application, 2023 - 2029, USD Million
TABLE 61 South Korea IoT in Construction Market, 2019 - 2022, USD Million
TABLE 62 South Korea IoT in Construction Market, 2023 - 2029, USD Million
TABLE 63 South Korea IoT in Construction Market by End User, 2019 - 2022, USD Million
TABLE 64 South Korea IoT in Construction Market by End User, 2023 - 2029, USD Million
TABLE 65 South Korea IoT in Construction Market by Component, 2019 - 2022, USD Million
TABLE 66 South Korea IoT in Construction Market by Component, 2023 - 2029, USD Million
TABLE 67 South Korea IoT in Construction Market by Application, 2019 - 2022, USD Million
TABLE 68 South Korea IoT in Construction Market by Application, 2023 - 2029, USD Million
TABLE 69 Singapore IoT in Construction Market, 2019 - 2022, USD Million
TABLE 70 Singapore IoT in Construction Market, 2023 - 2029, USD Million
TABLE 71 Singapore IoT in Construction Market by End User, 2019 - 2022, USD Million
TABLE 72 Singapore IoT in Construction Market by End User, 2023 - 2029, USD Million
TABLE 73 Singapore IoT in Construction Market by Component, 2019 - 2022, USD Million
TABLE 74 Singapore IoT in Construction Market by Component, 2023 - 2029, USD Million
TABLE 75 Singapore IoT in Construction Market by Application, 2019 - 2022, USD Million
TABLE 76 Singapore IoT in Construction Market by Application, 2023 - 2029, USD Million
TABLE 77 Malaysia IoT in Construction Market, 2019 - 2022, USD Million
TABLE 78 Malaysia IoT in Construction Market, 2023 - 2029, USD Million
TABLE 79 Malaysia IoT in Construction Market by End User, 2019 - 2022, USD Million
TABLE 80 Malaysia IoT in Construction Market by End User, 2023 - 2029, USD Million
TABLE 81 Malaysia IoT in Construction Market by Component, 2019 - 2022, USD Million
TABLE 82 Malaysia IoT in Construction Market by Component, 2023 - 2029, USD Million
TABLE 83 Malaysia IoT in Construction Market by Application, 2019 - 2022, USD Million
TABLE 84 Malaysia IoT in Construction Market by Application, 2023 - 2029, USD Million
TABLE 85 Rest of Asia Pacific IoT in Construction Market, 2019 - 2022, USD Million
TABLE 86 Rest of Asia Pacific IoT in Construction Market, 2023 - 2029, USD Million
TABLE 87 Rest of Asia Pacific IoT in Construction Market by End User, 2019 - 2022, USD Million
TABLE 88 Rest of Asia Pacific IoT in Construction Market by End User, 2023 - 2029, USD Million
TABLE 89 Rest of Asia Pacific IoT in Construction Market by Component, 2019 - 2022, USD Million
TABLE 90 Rest of Asia Pacific IoT in Construction Market by Component, 2023 - 2029, USD Million
TABLE 91 Rest of Asia Pacific IoT in Construction Market by Application, 2019 - 2022, USD Million
TABLE 92 Rest of Asia Pacific IoT in Construction Market by Application, 2023 - 2029, USD Million
TABLE 93 Key Information – Autodesk, Inc.
TABLE 94 Key Information – Advanced Opto-Mechanical Systems and Technologies Inc.
TABLE 95 Key Information – CalAmp Corp.
TABLE 96 Key information – Hexagon AB
TABLE 97 Key Information – Hilti AG
TABLE 98 Key Information – Oracle Corporation
TABLE 99 key Information – Topcon Corporation
TABLE 100 Key Information – Triax Technologies, Inc.
TABLE 101 Key Information – Trimble, Inc.
TABLE 102 Key Information – Giatec Scientific Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Recent strategies and developments: Autodesk, Inc.
FIG 6 SWOT Analysis: Autodesk, Inc.
FIG 7 Recent strategies and developments: CalAmp Corp.
FIG 8 Recent strategies and developments: Hexagon AB
FIG 9 Recent strategies and developments: Hilti AG
FIG 10 SWOT analysis: Oracle Corporation
FIG 11 Recent strategies and developments: Trimble, Inc.