Smart Bridge Market 2018 – By Analyzing the Performance of Various Competitors

Smart Bridge Market by By Technology (Condition Monitoring Systems and Transportation & Communication Systems), By Sensors Type (Accelerometers, Temperature Sensors, Weigh in Motion Sensors, Anemometers, Photonic Sensors, Strain Gauges, and Others) Forecast to 2016-2023

Industry Outlook and Trend Analysis

Smart Bridge Market is expected to gain immense popularity by 2023, while registering itself at a significant compound annual growth rate (CAGR) during the forecast period. Smart bridges are bridges that have advanced features, which alarm the maintenance sections for any kind of mishaps, for example, issues with the structure, which could diminish the danger of falling, before they can arrive. Monitoring on real time basis and assessment system for maintaining safety condition is one of the main considerations for development of the smart bridge market. Expanding investment for smart cities areas is one of the main factors for development of the market. For example, as indicated by the Indian government Union Budget 2018-19, the legislature has chosen 99 urban communities under the smart city mission and will give a store of US$ 3.1billion for the advancement of the urban communities. Therefore, this expanding subsidizing for smart cities have additionally quickened development of the smart bridges market. Moreover, expanding frequency of bridge collapsing is likewise one of the main aspects, prompting expanding interest for smart bridges.

Sensor Type Outlook and Trend Analysis

Based on sensor type, temperature sensors portion held the prevailing position in the market and is anticipated to hold its predominance all through the conjecture time frame. Because of different benefits, for example, low cost, high sensitivity, small size, quick response, improved accuracy, and offering information on real time basis have prompted development of this portion in the market.

Technology Outlook and Trend Analysis

Based on technology, condition monitoring systems fragment held the predominant position in the brilliant extension market in 2017 and is anticipated to hold its strength all through the conjecture time frame. Expanding demand for lessening maintenance and testing expense without trading off the structural integrity of the extension is anticipated to be a factor for development of the portion. Besides, transportation & communication systems portion is anticipated to display a significant CAGR in the estimate time frame.

Regional Outlook and Trend Analysis

North America held the predominant position in the market in 2017 and is anticipated to hold its strength all through the figure time frame. Because of pattern of early appropriation of advances and high existence of market players in this locale are factors prompting development of this area. Besides, Asia Pacific is anticipated to display the most noteworthy CAGR over the conjecture time frame. India, China, and Japan are a portion of the significant nations, in this locale. Expanding interest in smart cities by governments is a main consideration for development of the smart bridge market in Asia Pacific.

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Competitive Insights

The leading players in the market are Kapsch TrafficCom AG, IBM, Indra Sistemas, Huawei, Lord Corporation, Siemens, Cisco Systems, Alcatel-Lucent and Honeywell. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

The Smart Bridge Market is segmented based on regions as follows-

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • India
    • Southeast Asia
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Columbia
    • South Africa
    • Rest of South America
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Nigeria
    • South Africa
    • Rest of MEA

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Table of Contents:

Chapter 1. Introduction

1.1. Report Description

1.2. Research Methodology

1.2.1. Secondary Research

1.2.2. Primary Research

Chapter 2. Executive Summary

2.1. Key Highlights

Chapter 3. Market Overview

3.1. Introduction

3.1.1. Market Definition

3.1.2. Market Segmentation

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities

Chapter 4. Market Analysis by Regions

4.1. North America (United States, Canada and Mexico)

4.1.1. United States Market States and Outlook (2014-2023)

4.1.2. Canada Market States and Outlook (2014-2023)

4.1.3. Mexico Market States and Outlook (2014-2023)

4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

4.2.1. Germany Market States and Outlook (2014-2023)

4.2.2. France Market States and Outlook (2014-2023)

4.2.3. UK Market States and Outlook (2014-2023)

4.2.4. Russia Market States and Outlook (2014-2023)

4.2.5. Italy Market States and Outlook (2014-2023)

4.2.6. Rest of Europe Market States and Outlook (2014-2023)

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