North America Tunnel Sensor Market Developments and Forecast by 2027

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.

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