North America Tunnel Sensor Market Developments and Forecast by 2027

Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027

North America Tunnel Sensor Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Solution (Visibility Monitoring, Air Flow Monitoring, Air Quality Monitoring, Filter Monitoring, Fire Monitoring, and Others), Services (Installation Services, Maintenance Services, and Consulting Services), Connectivity (Wired, Wireless), and Application (Road Tunnels, Rail Tunnels, and Others)

Report Date : Aug 2020
Report Code : TIPRE00012802

Category : Electronics and Semiconductor
Status : Published

Available Report Formats :
No. of Pages : 101

Page Updated: Oct 2020

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The tunnel sensor market in North America was valued at US$ 1,279.0 million in 2019 and is expected to grow at a CAGR of 4.7% during the forecast period to reach US$ 1,825.1 million by 2027.

The COVID-19 outbreak is anticipated to affect the growth rate of North America tunnel sensor market in the year 2020 and 2021 and thus there is sharp decline in y-o-y growth during these years. However, the growth is expected to normalize from 2021 onwards and the market is projected to grow at a steady pace.

The US, Canada, and Mexico are the key economies in North America. The constant technological advancements have created a stir in the competitive market across the region, with growing population attracting several technological R&D activities due to high spending powers. The economic growth of the region has shown a positive impact on the road infrastructure in these countries with various advanced devices, such as cameras, sensors, and lighting, are being integrated. The Trump government constantly focuses on the development of road infrastructure for efficient and smooth flow of traffic from one state to another or cross borders. In 2018, the US Department of Transportation evaluated that it would cost nearly US$ 1 trillion for bringing interstate highways system in the US. For instance, the construction of a bridge-tunnel system through the Bering Strait is creating an effective ground transportation link between North America and Asia. This project is facing a considerable number of obstacles including designing, and engineering. The design comprises a bridge–tunnel system crossing from Bering Strait to the Chukotka Peninsula in Russia and the Seward Peninsula in Alaska. The continuous planning and investment by the government for the construction of tunnels are anticipated to boost the demand for tunnel sensors.

Several tunnel sensor manufacturers in North America are continually focusing on the development and integration of innovative and smart technologies, which includes IoT, different models of tunnel sensors, and engineering tech applications, to meet the growing demands of customers. North America is further anticipated to experience significant growth in its technology market in the coming years, and investors are presently capitalizing on these advancements to gain rewards in the future. The integration of tunnel sensors enhances the monitoring efficiencies of the tunnel for the smooth movement of vehicles across North America. ACOEM Group, CODEL International Ltd, and SICK USA are some of the tunnel sensor providers prevailing in the North America region.

North America tunnel sensor market

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

The report segments the North America tunnel sensor market as follows:

North America Tunnel Sensor Market – By Solution

Visibility Monitoring
Air Flow Monitoring
Air Quality Monitoring
Filter Monitoring
Fire Monitoring
Others

North America Tunnel Sensor Market – By Services

Installation Services
Maintenance Services
Consulting Services

North America Tunnel Sensor Market – By Connectivity

Wired
Wireless

North America Tunnel Sensor Market – By Application

Road Tunnels
Rail Tunnels
Others

North America Tunnel Sensor Market – By Country

US
Canada
Mexico

North America Tunnel Sensor Market -Companies Mentioned

CODEL International Ltd.
DURAG GROUP
ACOEM
Trolex Ltd.
SICK AG

North America Tunnel Sensor Report Scope

Report Attribute	Details
Market size in 2019	US$ 1,279.0 Million
Market Size by 2027	US$ 1,825.1 Million
Global CAGR (2020 - 2027)	4.7%
Historical Data	2017-2018
Forecast period	2020-2027
Segments Covered	By Solution Visibility Monitoring Air Flow Monitoring Air Quality Monitoring Filter Monitoring Fire Monitoring By Services Installation Services Maintenance Services Consulting Services By Connectivity Wired Wireless By Application Road Tunnels Rail Tunnels
Regions and Countries Covered	North America US Canada Mexico
Market leaders and key company profiles	CODEL International Ltd. DURAG GROUP ACOEM Trolex Ltd. SICK AG

Research Manager

Naveen Chittaragi

Associate Vice President,
Market Research & Consulting

Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

What are the North America Tunnel Sensor Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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