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.
Free Valuable Insights: The Worldwide Infrastructure Monitoring Market is Projected to reach USD 9.6 Billion by 2030, at a CAGR of 10.4%
The market research report covers the analysis of key stake holders 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
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- 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)
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
10.9.5 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
TABLE 1 North America Infrastructure Monitoring Market, 2019 - 2022, USD Million
TABLE 2 North America Infrastructure Monitoring Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Infrastructure Monitoring Market
TABLE 4 Product Launches And Product Expansions– Infrastructure Monitoring Market
TABLE 5 Acquisition and Mergers– Infrastructure Monitoring Market
TABLE 6 Geographical Expansions– Infrastructure Monitoring Market
TABLE 7 North America Infrastructure Monitoring Market by Vertical, 2019 - 2022, USD Million
TABLE 8 North America Infrastructure Monitoring Market by Vertical, 2023 - 2030, USD Million
TABLE 9 North America Construction Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Construction Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Manufacturing & Automotive Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Manufacturing & Automotive Market by Country, 2023 - 2030, USD Million
TABLE 13 North America Oil & Gas Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Oil & Gas Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Aerospace & Defense Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Aerospace & Defense Market by Country, 2023 - 2030, USD Million
TABLE 17 North America Power Generation & Others Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Power Generation & Others Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Infrastructure Monitoring Market by Application, 2019 - 2022, USD Million
TABLE 20 North America Infrastructure Monitoring Market by Application, 2023 - 2030, USD Million
TABLE 21 North America Vibration Monitoring Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Vibration Monitoring Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Damage Detection Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Damage Detection Market by Country, 2023 - 2030, USD Million
TABLE 25 North America Corrosion Monitoring Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Corrosion Monitoring Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Crack Detection Market by Country, 2019 - 2022, USD Million
TABLE 28 North America Crack Detection Market by Country, 2023 - 2030, USD Million
TABLE 29 North America Thermal Monitoring Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Thermal Monitoring Market by Country, 2023 - 2030, USD Million
TABLE 31 North America Multimodal Sensing Market by Country, 2019 - 2022, USD Million
TABLE 32 North America Multimodal Sensing Market by Country, 2023 - 2030, USD Million
TABLE 33 North America Strain Monitoring Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Strain Monitoring Market by Country, 2023 - 2030, USD Million
TABLE 35 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 36 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 37 North America Infrastructure Monitoring Market by Component, 2019 - 2022, USD Million
TABLE 38 North America Infrastructure Monitoring Market by Component, 2023 - 2030, USD Million
TABLE 39 North America Hardware Market by Country, 2019 - 2022, USD Million
TABLE 40 North America Hardware Market by Country, 2023 - 2030, USD Million
TABLE 41 North America Software Market by Country, 2019 - 2022, USD Million
TABLE 42 North America Software Market by Country, 2023 - 2030, USD Million
TABLE 43 North America Services Market by Country, 2019 - 2022, USD Million
TABLE 44 North America Services Market by Country, 2023 - 2030, USD Million
TABLE 45 North America Infrastructure Monitoring Market by Technology, 2019 - 2022, USD Million
TABLE 46 North America Infrastructure Monitoring Market by Technology, 2023 - 2030, USD Million
TABLE 47 North America Wireless Market by Country, 2019 - 2022, USD Million
TABLE 48 North America Wireless Market by Country, 2023 - 2030, USD Million
TABLE 49 North America Wired Market by Country, 2019 - 2022, USD Million
TABLE 50 North America Wired Market by Country, 2023 - 2030, USD Million
TABLE 51 North America Infrastructure Monitoring Market by Country, 2019 - 2022, USD Million
TABLE 52 North America Infrastructure Monitoring Market by Country, 2023 - 2030, USD Million
TABLE 53 US Infrastructure Monitoring Market, 2019 - 2022, USD Million
TABLE 54 US Infrastructure Monitoring Market, 2023 - 2030, USD Million
TABLE 55 US Infrastructure Monitoring Market by Vertical, 2019 - 2022, USD Million
TABLE 56 US Infrastructure Monitoring Market by Vertical, 2023 - 2030, USD Million
TABLE 57 US Infrastructure Monitoring Market by Application, 2019 - 2022, USD Million
TABLE 58 US Infrastructure Monitoring Market by Application, 2023 - 2030, USD Million
TABLE 59 US Infrastructure Monitoring Market by Component, 2019 - 2022, USD Million
TABLE 60 US Infrastructure Monitoring Market by Component, 2023 - 2030, USD Million
TABLE 61 US Infrastructure Monitoring Market by Technology, 2019 - 2022, USD Million
TABLE 62 US Infrastructure Monitoring Market by Technology, 2023 - 2030, USD Million
TABLE 63 Canada Infrastructure Monitoring Market, 2019 - 2022, USD Million
TABLE 64 Canada Infrastructure Monitoring Market, 2023 - 2030, USD Million
TABLE 65 Canada Infrastructure Monitoring Market by Vertical, 2019 - 2022, USD Million
TABLE 66 Canada Infrastructure Monitoring Market by Vertical, 2023 - 2030, USD Million
TABLE 67 Canada Infrastructure Monitoring Market by Application, 2019 - 2022, USD Million
TABLE 68 Canada Infrastructure Monitoring Market by Application, 2023 - 2030, USD Million
TABLE 69 Canada Infrastructure Monitoring Market by Component, 2019 - 2022, USD Million
TABLE 70 Canada Infrastructure Monitoring Market by Component, 2023 - 2030, USD Million
TABLE 71 Canada Infrastructure Monitoring Market by Technology, 2019 - 2022, USD Million
TABLE 72 Canada Infrastructure Monitoring Market by Technology, 2023 - 2030, USD Million
TABLE 73 Mexico Infrastructure Monitoring Market, 2019 - 2022, USD Million
TABLE 74 Mexico Infrastructure Monitoring Market, 2023 - 2030, USD Million
TABLE 75 Mexico Infrastructure Monitoring Market by Vertical, 2019 - 2022, USD Million
TABLE 76 Mexico Infrastructure Monitoring Market by Vertical, 2023 - 2030, USD Million
TABLE 77 Mexico Infrastructure Monitoring Market by Application, 2019 - 2022, USD Million
TABLE 78 Mexico Infrastructure Monitoring Market by Application, 2023 - 2030, USD Million
TABLE 79 Mexico Infrastructure Monitoring Market by Component, 2019 - 2022, USD Million
TABLE 80 Mexico Infrastructure Monitoring Market by Component, 2023 - 2030, USD Million
TABLE 81 Mexico Infrastructure Monitoring Market by Technology, 2019 - 2022, USD Million
TABLE 82 Mexico Infrastructure Monitoring Market by Technology, 2023 - 2030, USD Million
TABLE 83 Rest of North America Infrastructure Monitoring Market, 2019 - 2022, USD Million
TABLE 84 Rest of North America Infrastructure Monitoring Market, 2023 - 2030, USD Million
TABLE 85 Rest of North America Infrastructure Monitoring Market by Vertical, 2019 - 2022, USD Million
TABLE 86 Rest of North America Infrastructure Monitoring Market by Vertical, 2023 - 2030, USD Million
TABLE 87 Rest of North America Infrastructure Monitoring Market by Application, 2019 - 2022, USD Million
TABLE 88 Rest of North America Infrastructure Monitoring Market by Application, 2023 - 2030, USD Million
TABLE 89 Rest of North America Infrastructure Monitoring Market by Component, 2019 - 2022, USD Million
TABLE 90 Rest of North America Infrastructure Monitoring Market by Component, 2023 - 2030, USD Million
TABLE 91 Rest of North America Infrastructure Monitoring Market by Technology, 2019 - 2022, USD Million
TABLE 92 Rest of North America Infrastructure Monitoring Market by Technology, 2023 - 2030, USD Million
TABLE 93 Key Information – Parker Hannifin Corporation
TABLE 94 Key Information – Siemens AG
TABLE 95 Key Information – General Electric Company
TABLE 96 Key Information – Yokogawa Electric Corporation
TABLE 97 Key Information – National Instruments Corporation
TABLE 98 Key Information – Acellent Technologies, Inc.
TABLE 99 Key Information – Campbell Scientific, Inc.
TABLE 100 Key Information – Honeywell International, Inc.
TABLE 101 Key Information – Rockwell Automation, Inc.
TABLE 102 Key Information – AVT Reliability Ltd
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Infrastructure Monitoring Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Infrastructure Monitoring Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2019, Dec – 2023, Jun) Leading Players
FIG 7 Porter’s Five Forces Analysis – Infrastructure Monitoring Market
FIG 8 North America Infrastructure Monitoring Market share by Vertical, 2022
FIG 9 North America Infrastructure Monitoring Market share by Vertical, 2030
FIG 10 North America Infrastructure Monitoring Market by Vertical, 2019 - 2030, USD Million
FIG 11 North America Infrastructure Monitoring Market share by Application, 2022
FIG 12 North America Infrastructure Monitoring Market share by Application, 2030
FIG 13 North America Infrastructure Monitoring Market by Application, 2019 - 2030, USD Million
FIG 14 North America Infrastructure Monitoring Market share by Component, 2022
FIG 15 North America Infrastructure Monitoring Market share by Component, 2030
FIG 16 North America Infrastructure Monitoring Market by Component, 2019 - 2030, USD Million
FIG 17 North America Infrastructure Monitoring Market share by Technology, 2022
FIG 18 North America Infrastructure Monitoring Market share by Technology, 2030
FIG 19 North America Infrastructure Monitoring Market by Technology, 2019 - 2030, USD Million
FIG 20 North America Infrastructure Monitoring Market share by Country, 2022
FIG 21 North America Infrastructure Monitoring Market share by Country, 2030
FIG 22 North America Infrastructure Monitoring Market by Country, 2019 - 2030, USD Million
FIG 23 Recent strategies and developments: Parker Hannifin Corporation
FIG 24 SWOT Analysis: Parker Hannifin Corporation
FIG 25 Recent strategies and developments: Siemens AG
FIG 26 SWOT Analysis: Siemens AG
FIG 27 SWOT Analysis: General electric (GE) Co.
FIG 28 Recent strategies and developments: Yokogawa Electric Corporation
FIG 29 SWOT Analysis: Yokogawa Electric Corporation
FIG 30 SWOT Analysis: National Instruments Corporation
FIG 31 SWOT Analysis: Acellent Technologies, Inc.
FIG 32 SWOT Analysis: Campbell Scientific, Inc.
FIG 33 Recent strategies and developments: Honeywell International, Inc.
FIG 34 SWOT Analysis: Honeywell International, Inc.
FIG 35 SWOT Analysis: Rockwell Automation, Inc.
FIG 36 Recent strategies and developments: AVT Reliability Ltd
FIG 37 SWOT Analysis: AVT Reliability Ltd