Infrastructure monitoring market and Global Trends

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MarketsandMarkets Presents
Infrastructure Monitoring Market by Technology
(Wired and Wireless), Components, Application
(Damage Detection and Others), End-User (Civil,
Aerospace, Defense, Energy, Mining, and Others),
and Geography - Global Trends Forecast to 2020
The total market is expected to reach USD2.47
Billion by 2020, at a CAGR of 26.3 during the
forecast period. Increasing need of safety and
reliability as well as the aging infrastructure
are factors that drive the Infrastructure
monitoring market.
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Civil infrastructure is expected to lead the
Infrastructure Monitoring for end users. The
growing demand for infrastructure monitoring in
civil infrastructure, worldwide is one of the key
drivers of the market. To continue the growth of
a countrys 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 real-time
monitoring solutions of civil structures, while
reducing the maintenance cost. Sample pages of
the Report http//www.marketsandmarkets.com/requ
estsample.asp?id251897013 Wireless technology
is expected to exhibit high growth rate in the
market for Infrastructure Monitoring. There is a
growing demand for wireless technology in the
infrastructure monitoring market. Wireless
infrastructure monitoring has emerged as a
technology that would significantly influence the
field of infrastructure asset management and
structural monitoring.
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The market in APAC is expected to grow at the
highest CAGR during the forecast period. The
market in APAC is expected to grow at high CAGR
between 2015 and 2020 because of the rapid
infrastructure development. Major driving factors
include government regulatory bodies, large
number of infrastructure construction projects,
and natural calamities which create the need for
IHM. China and Japan are the leading countries in
the infrastructure monitoring market in this
region. Report Information http//www.marketsa
ndmarkets.com/Market-Reports/infrastructure-monito
ring-market-251897013.html The key players in
the 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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