The North America Infrastructure Asset Management Market would witness market growth of 8.5% CAGR during the forecast period (2023-2030).
The Internet of Things (IoT) technology revolutionizes asset management by providing real-time data on asset conditions. Sensors embedded in infrastructure assets can monitor structural integrity, performance, and environmental factors, allowing for predictive maintenance and data-driven decision-making. AI and machine learning algorithms analyze vast amounts of asset data, identifying patterns and trends that human operators might miss. This technology helps predict failures, optimize maintenance schedules, and improve asset performance. Geospatial Information Systems (GIS) technology combines geographic and asset data, providing a spatial context for asset management. It helps in location-based decision-making, such as optimizing transportation routes or analyzing the impact of infrastructure changes on the environment.
Resilience and disaster preparedness strategies help identify and mitigate risks associated with infrastructure assets. Asset managers can lower the risk of damage and disruption by proactively evaluating vulnerabilities and possible threats. In a disaster or emergency, resilient infrastructure assets are designed to minimize downtime. Quick recovery and operational continuity are essential for maintaining critical services and reducing economic losses. Infrastructure asset management focusing on resilience ensures the safety and welfare of the public. Assets that can withstand disasters help protect lives and property, a critical responsibility for asset owners and operators. Disaster preparedness often involves modernizing infrastructure assets to make them more resilient. This can increase investment in asset rehabilitation and replacement, driving market growth.
Asset management in the U.S. increasingly incorporates advanced technologies, such as IoT sensors, AI, and machine learning, to optimize asset performance and maintenance. In the U.S., asset management involves planning for the entire lifecycle of assets, from acquisition and installation to maintenance, rehabilitation, and eventual disposal or replacement. In the U.S., asset management systems often include technology for tracking assets in real time. This is crucial for monitoring performance and location. The factors mentioned above will drive the regional market growth.
The US market dominated the North America Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $18,011.9 million by 2030. The Canada market is registering a CAGR of 11% during (2023 - 2030). Additionally, The Mexico market would showcase a CAGR of 10% during (2023 - 2030).
Based on Component, the market is segmented into Services (Operational Asset Management, Strategic Asset Management, Tactical Asset Management), and Solution. Based on Application, the market is segmented into Transportation, Energy Infrastructure, Water & Waste Infrastructure, Critical Infrastructure, Mining, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Infrastructure Asset Management Market is Predict to reach $73.3 Billion by 2030, at a CAGR of 9.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Golder Associates (WSP Global Inc.), Tetra Laval International S.A, Clarios, LLC. (Brookfield Business Partners), Macquarie Group Limited, SIMCO Technologies, Pitney Bowes, Inc., SNC-Lavalin Group, Inc., Aabasoft Technologies Pvt. Ltd., ThomasLloyd Global Asset Management GmbH, EverStream Capital Management.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Services
- Operational Asset Management
- Strategic Asset Management
- Tactical Asset Management
- Solution
By Application
- Transportation
- Energy Infrastructure
- Water & Waste Infrastructure
- Critical Infrastructure
- Mining
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Golder Associates (WSP Global Inc.)
- Tetra Laval International S.A
- Clarios, LLC. (Brookfield Business Partners)
- Macquarie Group Limited
- SIMCO Technologies
- Pitney Bowes, Inc.
- SNC-Lavalin Group, Inc.
- Aabasoft Technologies Pvt. Ltd.
- ThomasLloyd Global Asset Management GmbH
- EverStream Capital Management.
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 Asset Management Market, by Component
1.4.2 North America Infrastructure Asset Management Market, by Application
1.4.3 North America Infrastructure Asset Management Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
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
3.3 Porter Five Forces Analysis
Chapter 4. North America Infrastructure Asset Management Market by Component
4.1 North America Services Market by Country
4.2 North America Infrastructure Asset Management Market by Services Type
4.2.1 North America Operational Asset Management Market by Country
4.2.2 North America Strategic Asset Management Market by Country
4.2.3 North America Tactical Asset Management Market by Country
4.3 North America Solution Market by Country
Chapter 5. North America Infrastructure Asset Management Market by Application
5.1 North America Transportation Market by Country
5.2 North America Energy Infrastructure Market by Country
5.3 North America Water & Waste Infrastructure Market by Country
5.4 North America Critical Infrastructure Market by Country
5.5 North America Mining Market by Country
5.6 North America Others Market by Country
Chapter 6. North America Infrastructure Asset Management Market by Country
6.1 US Infrastructure Asset Management Market
6.1.1 US Infrastructure Asset Management Market by Component
6.1.1.1 US Infrastructure Asset Management Market by Services Type
6.1.2 US Infrastructure Asset Management Market by Application
6.2 Canada Infrastructure Asset Management Market
6.2.1 Canada Infrastructure Asset Management Market by Component
6.2.1.1 Canada Infrastructure Asset Management Market by Services Type
6.2.2 Canada Infrastructure Asset Management Market by Application
6.3 Mexico Infrastructure Asset Management Market
6.3.1 Mexico Infrastructure Asset Management Market by Component
6.3.1.1 Mexico Infrastructure Asset Management Market by Services Type
6.3.2 Mexico Infrastructure Asset Management Market by Application
6.4 Rest of North America Infrastructure Asset Management Market
6.4.1 Rest of North America Infrastructure Asset Management Market by Component
6.4.1.1 Rest of North America Infrastructure Asset Management Market by Services Type
6.4.2 Rest of North America Infrastructure Asset Management Market by Application
Chapter 7. Company Profiles
7.1 Golder Associates (WSP Global Inc.)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Recent strategies and developments:
7.1.4.1 Partnerships, Collaborations, and Agreements:
7.1.5 SWOT Analysis
7.2 Tetra Laval International S.A.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Regional Analysis of Tetra Pak
7.2.5 Regional Analysis of Sidel
7.2.6 Regional Analysis of DeLaval
7.2.7 SWOT Analysis
7.3 Clarios, LLC. (Brookfield Business Partners)
7.3.1 Company Overview
7.3.2 SWOT Analysis
7.4 Macquarie Group Limited
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 SWOT Analysis
7.5 SIMCO Technologies
7.5.1 Company Overview
7.5.2 SWOT Analysis
7.6 Pitney Bowes, Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segment & Regional Analysis
7.6.4 Research & Development Expense
7.6.5 SWOT Analysis
7.7 SNC-Lavalin Group, Inc.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 SWOT Analysis
7.8 Aabasoft Technologies Pvt. Ltd.
7.8.1 Company Overview
7.8.2 SWOT Analysis
7.9 Thomas Cook (India) Limited (Fairfax Financial Holdings Limited)
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental Analysis
7.9.4 SWOT Analysis
7.10. EverStream Capital Management
7.10.1 Company Overview
7.10.2 SWOT Analysis
TABLE 1 North America Infrastructure Asset Management Market, 2019 - 2022, USD Million
TABLE 2 North America Infrastructure Asset Management Market, 2023 - 2030, USD Million
TABLE 3 North America Infrastructure Asset Management Market by Component, 2019 - 2022, USD Million
TABLE 4 North America Infrastructure Asset Management Market by Component, 2023 - 2030, USD Million
TABLE 5 North America Services Market by Country, 2019 - 2022, USD Million
TABLE 6 North America Services Market by Country, 2023 - 2030, USD Million
TABLE 7 North America Infrastructure Asset Management Market by Services Type, 2019 - 2022, USD Million
TABLE 8 North America Infrastructure Asset Management Market by Services Type, 2023 - 2030, USD Million
TABLE 9 North America Operational Asset Management Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Operational Asset Management Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Strategic Asset Management Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Strategic Asset Management Market by Country, 2023 - 2030, USD Million
TABLE 13 North America Tactical Asset Management Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Tactical Asset Management Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Solution Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Solution Market by Country, 2023 - 2030, USD Million
TABLE 17 North America Infrastructure Asset Management Market by Application, 2019 - 2022, USD Million
TABLE 18 North America Infrastructure Asset Management Market by Application, 2023 - 2030, USD Million
TABLE 19 North America Transportation Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Transportation Market by Country, 2023 - 2030, USD Million
TABLE 21 North America Energy Infrastructure Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Energy Infrastructure Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Water & Waste Infrastructure Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Water & Waste Infrastructure Market by Country, 2023 - 2030, USD Million
TABLE 25 North America Critical Infrastructure Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Critical Infrastructure Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Mining Market by Country, 2019 - 2022, USD Million
TABLE 28 North America Mining Market by Country, 2023 - 2030, USD Million
TABLE 29 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 31 North America Infrastructure Asset Management Market by Country, 2019 - 2022, USD Million
TABLE 32 North America Infrastructure Asset Management Market by Country, 2023 - 2030, USD Million
TABLE 33 US Infrastructure Asset Management Market, 2019 - 2022, USD Million
TABLE 34 US Infrastructure Asset Management Market, 2023 - 2030, USD Million
TABLE 35 US Infrastructure Asset Management Market by Component, 2019 - 2022, USD Million
TABLE 36 US Infrastructure Asset Management Market by Component, 2023 - 2030, USD Million
TABLE 37 US Infrastructure Asset Management Market by Services Type, 2019 - 2022, USD Million
TABLE 38 US Infrastructure Asset Management Market by Services Type, 2023 - 2030, USD Million
TABLE 39 US Infrastructure Asset Management Market by Application, 2019 - 2022, USD Million
TABLE 40 US Infrastructure Asset Management Market by Application, 2023 - 2030, USD Million
TABLE 41 Canada Infrastructure Asset Management Market, 2019 - 2022, USD Million
TABLE 42 Canada Infrastructure Asset Management Market, 2023 - 2030, USD Million
TABLE 43 Canada Infrastructure Asset Management Market by Component, 2019 - 2022, USD Million
TABLE 44 Canada Infrastructure Asset Management Market by Component, 2023 - 2030, USD Million
TABLE 45 Canada Infrastructure Asset Management Market by Services Type, 2019 - 2022, USD Million
TABLE 46 Canada Infrastructure Asset Management Market by Services Type, 2023 - 2030, USD Million
TABLE 47 Canada Infrastructure Asset Management Market by Application, 2019 - 2022, USD Million
TABLE 48 Canada Infrastructure Asset Management Market by Application, 2023 - 2030, USD Million
TABLE 49 Mexico Infrastructure Asset Management Market, 2019 - 2022, USD Million
TABLE 50 Mexico Infrastructure Asset Management Market, 2023 - 2030, USD Million
TABLE 51 Mexico Infrastructure Asset Management Market by Component, 2019 - 2022, USD Million
TABLE 52 Mexico Infrastructure Asset Management Market by Component, 2023 - 2030, USD Million
TABLE 53 Mexico Infrastructure Asset Management Market by Services Type, 2019 - 2022, USD Million
TABLE 54 Mexico Infrastructure Asset Management Market by Services Type, 2023 - 2030, USD Million
TABLE 55 Mexico Infrastructure Asset Management Market by Application, 2019 - 2022, USD Million
TABLE 56 Mexico Infrastructure Asset Management Market by Application, 2023 - 2030, USD Million
TABLE 57 Rest of North America Infrastructure Asset Management Market, 2019 - 2022, USD Million
TABLE 58 Rest of North America Infrastructure Asset Management Market, 2023 - 2030, USD Million
TABLE 59 Rest of North America Infrastructure Asset Management Market by Component, 2019 - 2022, USD Million
TABLE 60 Rest of North America Infrastructure Asset Management Market by Component, 2023 - 2030, USD Million
TABLE 61 Rest of North America Infrastructure Asset Management Market by Services Type, 2019 - 2022, USD Million
TABLE 62 Rest of North America Infrastructure Asset Management Market by Services Type, 2023 - 2030, USD Million
TABLE 63 Rest of North America Infrastructure Asset Management Market by Application, 2019 - 2022, USD Million
TABLE 64 Rest of North America Infrastructure Asset Management Market by Application, 2023 - 2030, USD Million
TABLE 65 Key Information – Golder Associates
TABLE 66 Key Information – Tetra Laval International S.A.
TABLE 67 Key Information – Clarios, LLC.
TABLE 68 Key Information – Macquarie Group Limited
TABLE 69 Key Information – SIMCO Technologies
TABLE 70 Key information – Pitney Bowes, Inc.
TABLE 71 key information – SNC-Lavalin Group, Inc.
TABLE 72 Key Information – Aabasoft Technologies Pvt. Ltd.
TABLE 73 Key Information – THOMAS COOK (INDIA) LIMITed
TABLE 74 Key Information – EverStream Capital Management
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Infrastructure Asset Management Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Infrastructure Asset Management Market
FIG 4 Porter’s Five Forces Analysis – Infrastructure Asset Management Market
FIG 5 North America Infrastructure Asset Management Market share by Component, 2022
FIG 6 North America Infrastructure Asset Management Market share by Component, 2030
FIG 7 North America Infrastructure Asset Management Market by Component, 2019 - 2030, USD Million
FIG 8 North America Infrastructure Asset Management Market share by Application, 2022
FIG 9 North America Infrastructure Asset Management Market share by Application, 2030
FIG 10 North America Infrastructure Asset Management Market by Application, 2019 - 2030, USD Million
FIG 11 North America Infrastructure Asset Management Market share by Country, 2022
FIG 12 North America Infrastructure Asset Management Market share by Country, 2030
FIG 13 North America Infrastructure Asset Management Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: Golder Associates
FIG 15 SWOT Analysis: Tetra Laval international S.A.
FIG 16 SWOT Analysis: Clarios, LLC.
FIG 17 SWOT Analysis: Macquarie Group Limited
FIG 18 SWOT Analysis: SIMCO Technologies
FIG 19 SWOT Analysis: Pitney Bowes, Inc.
FIG 20 SWOT Analysis: SNC-Lavalin Group, Inc.
FIG 21 SWOT Analysis: Aabasoft Technologies Pvt. Ltd.
FIG 22 SWOT Analysis:Thomas Cook (India) Limited
FIG 23 SWOT Analysis: EverStream Capital Management