North America Tunnel Sensor Market to Grow at a CAGR of 4.7% to reach US$ 1,825.1 Million from 2020 to 2027

North America Tunnel Sensor Market Forecast to 2027 - COVID-19 Impact and 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)

Publication Month: Aug 2020 | Report Code: TIPRE00012802 | No. of Pages: 101 | Category: Electronics and Semiconductor | Status: Published
Covid

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

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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

TABLE OF CONTENTS

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Tunnel Sensor Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.2.1        North America

4.3         Ecosystem Analysis

5.           Tunnel Sensor –Market Dynamics

5.1         Market Drivers

5.1.1        Rising Tunnel Safety Concerns

5.1.2        Growing Adoption of Tunnel Automation and Monitoring Solutions

5.2         Market Restraints

5.2.1        Unavailability of Skilled Professionals and Lack of Awareness

5.3         Market Opportunities

5.3.1        Increasing Investments in Infrastructure Development Worldwide

5.4         Future Trends

5.4.1        Technology Integration for Enhanced Capabilities

5.5         Impact Analysis of Drivers and Restraints

6.           Tunnel Sensor Market – North America Analysis

6.1         Tunnel Sensor Market North America Overview

6.2         Tunnel Sensor Market – Revenue and Forecast to 2027 (US$ Million)

7.           Tunnel Sensor Market Analysis – By Solution

7.1         Overview

7.1.1        North America: Tunnel Sensor Market, by Solution

7.2         Visibility Monitoring

7.2.1        Overview

7.2.2        Visibility Monitoring Market Revenue and Forecast to 2027 (US$ Million)

7.3         Air Flow Monitoring

7.3.1        Overview

7.3.2        Air Flow Monitoring Market Revenue and Forecast to 2027 (US$ Million)

7.4         Air Quality Monitoring

7.4.1        Overview

7.4.2        Air Quality Monitoring Market Revenue and Forecast to 2027 (US$ Million)

7.5         Filter Monitoring

7.5.1        Overview

7.5.2        Filter Monitoring Market Revenue and Forecast to 2027 (US$ Million)

7.6         Fire Monitoring

7.6.1        Overview

7.6.2        Fire Monitoring Market Revenue and Forecast to 2027 (US$ Million)

7.7         Other Solutions

7.7.1        Overview

7.7.2        Other Solutions Market Revenue and Forecast to 2027 (US$ Million)

8.           Tunnel Sensor Market Analysis – By Services

8.1         Overview

8.1.1        North America: Tunnel Sensor Market, by Services

8.2         Installation Services

8.2.1        Overview

8.2.2        Installation Services Market Revenue and Forecast to 2027 (US$ Million)

8.3         Maintenance Services

8.3.1        Overview

8.3.2        Maintenance Services Market Revenue and Forecast to 2027 (US$ Million)

8.4         Consulting Services

8.4.1        Overview

8.4.2        Consulting Services Market Revenue and Forecast to 2027 (US$ Million)

9.           Tunnel Sensor Market Analysis – By Connectivity

9.1         Overview

9.1.1        North America: Tunnel Sensor Market, by Connectivity

9.2         Wired

9.2.1        Overview

9.2.2        Wired Market Revenue and Forecast to 2027 (US$ Million)

9.3         Wireless

9.3.1        Overview

9.3.2        Wireless Market Revenue and Forecast to 2027 (US$ Million)

10.        Tunnel Sensor Market Analysis – By Application

10.1      Overview

10.1.1     North America: Tunnel Sensor Market, by Application

10.2      Road Tunnels

10.2.1     Overview

10.2.2     Road Tunnels Market Revenue and Forecast to 2027 (US$ Million)

10.3      Rail Tunnels

10.3.1     Overview

10.3.2     Rail Tunnels Market Revenue and Forecast to 2027 (US$ Million)

10.4      Other Applications

10.4.1     Overview

10.4.2     Other Applications Market Revenue and Forecast to 2027 (US$ Million)

11.        Tunnel Sensor Market – Country Analysis

11.1      North America: Tunnel Sensor Market

11.1.1     North America: Tunnel Sensor Market, by Key Country

11.1.1.1       US: Tunnel Sensor Market – Revenue and Forecast to 2027 (US$ Million)

11.1.1.1.1       US: Tunnel Sensor Market, by Solution

11.1.1.1.2       US: Tunnel Sensor Market, by Services

11.1.1.1.3       US: Tunnel Sensor Market, by Connectivity

11.1.1.1.4       US: Tunnel Sensor Market, by Application

11.1.1.2       Canada: Tunnel Sensor Market – Revenue and Forecast to 2027 (US$ Million)

11.1.1.2.1       Canada: Tunnel Sensor Market, by Solution

11.1.1.2.2       Canada: Tunnel Sensor Market, by Services

11.1.1.2.3       Canada: Tunnel Sensor Market, by Connectivity

11.1.1.2.4       Canada: Tunnel Sensor Market, by Application

11.1.1.3       Mexico: Tunnel Sensor Market – Revenue and Forecast to 2027 (US$ Million)

11.1.1.3.1       Mexico: Tunnel Sensor Market, by Solution

11.1.1.3.2       Mexico: Tunnel Sensor Market, by Services

11.1.1.3.3       Mexico: Tunnel Sensor Market, by Connectivity

11.1.1.3.4       Mexico: Tunnel Sensor Market, by Application

12.        Tunnel Sensor Market- COVID-19 Impact Analysis

12.1      North America

13.        Industry Landscape

13.1      Market Initiative

13.2      Merger and Acquisition

13.3      New Development

14.        Company Profiles

14.1      ACOEM

14.1.1     Key Facts

14.1.2     Business Description

14.1.3     Products and Services

14.1.4     Financial Overview

14.1.5     SWOT Analysis

14.1.6     Key Developments

14.2      CODEL International Ltd

14.2.1     Key Facts

14.2.2     Business Description

14.2.3     Products and Services

14.2.4     Financial Overview

14.2.5     SWOT Analysis

14.2.6     Key Developments

14.3      Durag Group

14.3.1     Key Facts

14.3.2     Business Description

14.3.3     Products and Services

14.3.4     Financial Overview

14.3.5     SWOT Analysis

14.3.6     Key Developments

14.4      SICK AG

14.4.1     Key Facts

14.4.2     Business Description

14.4.3     Products and Services

14.4.4     Financial Overview

14.4.5     SWOT Analysis

14.4.6     Key Developments

14.5      Trolex Ltd

14.5.1     Key Facts

14.5.2     Business Description

14.5.3     Products and Services

14.5.4     Financial Overview

14.5.5     SWOT Analysis

14.5.6     Key Developments

15.        Appendix

15.1      About The Insight Partners

15.2      Word Index

 

LIST OF TABLES

Table 1.             North America Tunnel Sensor Market – Revenue and Forecast to 2027 (US$ Million)

Table 2.             US: Tunnel Sensor Market, by Solution –Revenue and Forecast to 2027 (US$ Million)

Table 3.             US: Tunnel Sensor Market, by Services –Revenue and Forecast to 2027 (US$ Million)

Table 4.             US: Tunnel Sensor Market, by Connectivity –Revenue and Forecast to 2027 (US$ Million)

Table 5.             US: Tunnel Sensor Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 6.             Canada: Tunnel Sensor Market, by Solution – Revenue and Forecast to 2027 (US$ Million)

Table 7.             Canada: Tunnel Sensor Market, by Services – Revenue and Forecast to 2027 (US$ Million)

Table 8.             Canada: Tunnel Sensor Market, by Connectivity – Revenue and Forecast to 2027 (US$ Million)

Table 9.             Canada: Tunnel Sensor Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 10.          Mexico: Tunnel Sensor Market, by Solution – Revenue and Forecast to 2027 (US$ Million)

Table 11.          Mexico: Tunnel Sensor Market, by Services – Revenue and Forecast to 2027 (US$ Million)

Table 12.          Mexico: Tunnel Sensor Market, by Connectivity – Revenue and Forecast to 2027 (US$ Million)

Table 13.          Mexico: Tunnel Sensor Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 14.          List of Abbreviation

 


LIST OF FIGURES

Figure 1.           Tunnel Sensor Market Segmentation

Figure 2.           Tunnel Sensor Market Segmentation – By Country

Figure 3.           North America Tunnel Sensor Market Overview

Figure 4.           Air Quality Monitoring Segment Held the Largest Share During Forecast Period

Figure 5.           Wired Segment Dominated the Market

Figure 6.           Installation Services Segment Held the Largest Market Share

Figure 7.           Road Tunnels Segment to be a Fastest Growing Application

Figure 8.           North America – PEST Analysis

Figure 9.           Ecosystem Analysis

Figure 10.        Tunnel Sensor Market Impact Analysis of Drivers and Restraints

Figure 11.        North America: Tunnel Sensor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 12.        North America: Tunnel Sensor Market Revenue Share, by Solution (2019 and 2027)

Figure 13.        Visibility Monitoring Market Revenue and Forecast To 2027(US$ Million)

Figure 14.        Air Flow Monitoring Market Revenue and Forecast To 2027(US$ Million)

Figure 15.        Air Quality Monitoring Market Revenue and Forecast To 2027(US$ Million)

Figure 16.        Filter Monitoring Market Revenue and Forecast To 2027(US$ Million)

Figure 17.        Fire Monitoring Market Revenue and Forecast To 2027(US$ Million)

Figure 18.        Other Solutions Market Revenue and Forecast To 2027(US$ Million)

Figure 19.        North America: Tunnel Sensor Market Revenue Share, by Services (2019 and 2027)

Figure 20.        Installation Services Market Revenue and Forecast to 2027(US$ Million)

Figure 21.        Maintenance Services Market Revenue and Forecast to 2027(US$ Million)

Figure 22.        Consulting Services Market Revenue and Forecast to 2027(US$ Million)

Figure 23.        North America: Tunnel Sensor Market Revenue Share, by Connectivity (2019 and 2027)

Figure 24.        Wired Market Revenue and Forecast to 2027(US$ Million)

Figure 25.        Wireless Market Revenue and Forecast to 2027(US$ Million)

Figure 26.        North America: Tunnel Sensor Market Revenue Share, by Application (2019 and 2027)

Figure 27.        Road Tunnels Market Revenue and Forecast to 2027(US$ Million)

Figure 28.        Rail Tunnels Market Revenue and Forecast to 2027(US$ Million)

Figure 29.        Other Applications Market Revenue and Forecast to 2027(US$ Million)

Figure 30.        North America: Tunnel Sensor Market Revenue Share, by Key Country (2019 and 2027)

Figure 31.        US: Tunnel Sensor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 32.        Canada: Tunnel Sensor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 33.        Mexico: Tunnel Sensor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 34.           Impact of COVID-19 Pandemic in North American Country Markets
  1. CODEL International Ltd.
  2. DURAG GROUP
  3. ACOEM
  4. Trolex Ltd.
  5. SICK AG
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America tunnel sensor market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the North America tunnel sensor market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.
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