South America Tunnel Sensor Market Analysis and Opportunities by 2027

South 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 and Wireless), and Application (Road Tunnels, Rail Tunnels, and Others)

Report Date : Sep 2020
Report Code : TIPRE00014152

Category : Electronics and Semiconductor
Status : Published

Available Report Formats :
No. of Pages : 89

The tunnel sensor market in SAM is expected to grow from US$ 141.43 million in 2019 to US$ 192.56 million by 2027; it is estimated to grow at a CAGR of 4.1% from 2020 to 2027.

Brazil and Argentina major economies in SAM. SAM is witnessing increment in tunnel safety concerns in recent times after weak concerns in last few years. Tunnels are an important part of highway and railway infrastructure to ensure connectivity through mountains and other formations. Tunnels are also widely used for rail transportation in subways and metros across various countries. The proper construction, management, and maintenance of tunnel systems include monitoring of multiple parameters such as ventilation, lighting, signaling, gas concentration, air velocity & direction, temperature, and emergency response among many others. The efficient measurement and monitoring of various tunnel parameters is crucial to avoid accidents & mishaps and to ensure safety of people who uses tunnels for commute. For instance, the increasing number of road accidents due to lighting conditions in tunnels can be prevented with the use of visibility and lighting monitoring tunnel sensors. Various types of tunnel sensors such as sensors that are used for measuring concentration of gases like CO, NO2, & NO; visibility monitoring sensors; and air quality sensors are essential parts of any road or railway tunnel safety systems. The use of these sensors enhances the overall safety and reduces the workload as well as operational and maintenance costs in tunnels throughout SAM. Hence, the increasing use of different types of sensors in tunnel environment to improve safety, reduce costs, and minimize casualties is a major driving factor for the growth of SAM tunnel sensor market. Also the COVID-19 pandemic is very severely affecting the SAM region. In the SAM region, Brazil has the highest number of COVID-19 confirmed cases, followed by other countries such as Ecuador, Peru, Chile, and Argentina. The governments of various countries in South America are taking several initiatives to protect people and to contain COVID-19’s spread in the region through lockdowns, trade bans, and travel restrictions. These measures are expected to have a direct impact on the region’s economic growth as the region will face lower export revenues, both from the drop in commodity prices and reduction in export volumes, especially to major trading partners. The presence of various developing nations makes South America as one of the major market for the growth of tunnel sensor market over the forecast period of 2020 to 2027. However, the sharp decline in manufacturing, construction, and infrastructure development activities in this region due to COVID-19 lockdown measures is expected to directly impact the growth of South America tunnel sensor market in the coming quarters. In addition to this, the supply chain disruptions and non-availability of raw materials will also aggravate the problems of various industries operating in this region. Hence, the decline in business operations and infrastructure development activities is expected to directly affect the growth rate of tunnel sensor market in this region for the next three to four quarters.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the tunnel sensor market. The SAM tunnel sensor market is expected to grow at a good CAGR during the forecast period.

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SAM Tunnel Sensor Market Segmentation

SAM Tunnel Sensor Market – By Solution

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

SAM Tunnel Sensor Market – By Services

Installation Services
Maintenance Services
Consulting Services

SAM Tunnel Sensor Market – By Connectivity

Wired
Wireless

SAM Tunnel Sensor Market – By Application

Road Tunnels
Rail Tunnels
Others

SAM Tunnel Sensor Market - By Country

Brazil
Argentina
Rest of SAM

SAM Tunnel Sensor Market-Companies Mentioned

ACOEM
CODEL International Ltd
DURAG Group
Geonica
SICK AG
Trolex Ltd.

Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered

Solution, Services, Connectivity, and Application

Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope

US, Canada, Brazil, Argentina

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. SAM Tunnel Sensor Market Landscape

4.1 Market Overview

4.2 SAM PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. SAM Tunnel Sensor –Market Dynamics

5.1 Market Drivers

5.1.1 SAM Witnessed Increment in Tunnel Safety Concerns

5.1.2 Tunnel Automation and Monitoring Solutions Getting Highly Accepted

5.2 Market Restraints

5.2.1 Scarcity of Awareness and Insufficient Skilled Professionals

5.3 Market Opportunities

5.3.1 Investments in Infrastructure Development Witnessed Huge Growth Across Countries

5.4 Future Trends

5.4.1 Technology Alliance in Tunnel Sensors to Improve the Capabilities

5.5 Impact Analysis of Drivers and Restraints

6. Tunnel Sensor Market – SAM Analysis

6.1 Tunnel Sensor Market SAM Overview

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

6.3 Market Positioning – Five Key Players

7. SAM Tunnel Sensor Market Analysis – By Solution

7.1 Overview

7.1.1 SAM Tunnel Sensor Market Breakdown, by Solution, 2019 & 2027

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. SAM Tunnel Sensor Market Analysis – By Services

8.1 Overview

8.2 SAM Tunnel Sensor Market Breakdown, by Services, 2019 & 2027

8.3 Installation Services

8.3.1 Overview

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

8.4 Maintenance Services

8.4.1 Overview

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

8.5 Consulting Services

8.5.1 Overview

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

9. SAM Tunnel Sensor Market Analysis – By Connectivity

9.1 Overview

9.2 SAM Tunnel Sensor Market Breakdown, by Connectivity, 2019 & 2027

9.3 Wired

9.3.1 Overview

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

9.4 Wireless

9.4.1 Overview

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

10. SAM Tunnel Sensor Market Analysis – By Application

10.1 Overview

10.2 SAM Tunnel Sensor Market Breakdown, by Application, 2019 & 2027

10.3 Road Tunnels

10.3.1 Overview

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

10.4 Rail Tunnels

10.4.1 Overview

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

10.5 Others

10.5.1 Overview

10.5.2 Others Market Revenue and Forecast to 2027 (US$ Million)

11. SAM Tunnel Sensor Market – Country Analysis

11.1 Overview

11.1.1 SAM: Tunnel Sensor Market, by Key Country

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

11.1.1.1.1 Brazil: Tunnel Sensor Market, by Solution

11.1.1.1.2 Brazil: Tunnel Sensor Market, by Services

11.1.1.1.3 Brazil: Tunnel Sensor Market, by Connectivity

11.1.1.1.4 Brazil: Tunnel Sensor Market, by Application

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

11.1.1.2.1 Argentina: Tunnel Sensor Market, by Solution

11.1.1.2.2 Argentina: Tunnel Sensor Market, by Services

11.1.1.2.3 Argentina: Tunnel Sensor Market, by Connectivity

11.1.1.2.4 Argentina: Tunnel Sensor Market, by Application

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

11.1.1.3.1 Rest of SAM: Tunnel Sensor Market, by Solution

11.1.1.3.2 Rest of SAM: Tunnel Sensor Market, by Services

11.1.1.3.3 Rest of SAM: Tunnel Sensor Market, by Connectivity

11.1.1.3.4 Rest of SAM: Tunnel Sensor Market, by Application

12. SAM Tunnel Sensor Market- COVID-19 Impact Analysis

12.1 SAM

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 Geonica

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 SICK AG

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

14.6 Trolex Ltd

14.6.1 Key Facts

14.6.2 Business Description

14.6.3 Products and Services

14.6.4 Financial Overview

14.6.5 SWOT Analysis

14.6.6 Key Developments

15. Appendix

15.1 About The Insight Partners

15.2 Word Index

LIST OF TABLES

Table 1. SAM Tunnel Sensor Market – Revenue and Forecast to 2027 (US$ Billion)

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

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

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

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

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

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

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

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

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

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

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

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

Table 14. List of Abbreviation

LIST OF FIGURES

Figure 1. SAM Tunnel Sensor Market Segmentation

Figure 2. SAM Tunnel Sensor Market Segmentation – By Country

Figure 3. SAM 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. Rest of SAM to Show Great Traction During Forecast Period

Figure 9. SAM Tunnel Sensor Market, Industry Landscape

Figure 10. SAM Tunnel Sensor Market, Country Analysis

Figure 11. SAM – PEST Analysis

Figure 12. Ecosystem Analysis

Figure 13. Expert Opinion

Figure 14. SAM Tunnel Sensor Market Impact Analysis of Drivers and Restraints

Figure 15. SAM Tunnel Sensor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 16. SAM Tunnel Sensor Market Breakdown, by Solution (2019 and 2027)

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

Figure 18. SAM Air Flow Monitoring Market Revenue and Forecast To 2027(US$ Million)

Figure 19. SAM Air Quality Monitoring Market Revenue and Forecast To 2027(US$ Million)

Figure 20. SAM Filter Monitoring Market Revenue and Forecast To 2027(US$ Million)

Figure 21. SAM Fire Monitoring Market Revenue and Forecast To 2027(US$ Million)

Figure 22. SAM Other Solutions Market Revenue and Forecast To 2027(US$ Million)

Figure 23. SAM Tunnel Sensor Market Breakdown, by Services (2019 and 2027)

Figure 24. SAM Installation Services Market Revenue and Forecast to 2027(US$ Million)

Figure 25. SAM Maintenance Services Market Revenue and Forecast to 2027(US$ Million)

Figure 26. SAM Consulting Services Market Revenue and Forecast to 2027(US$ Million)

Figure 27. SAM Tunnel Sensor Market Breakdown, by Connectivity (2019 and 2027)

Figure 28. SAM Wired Market Revenue and Forecast to 2027(US$ Million)

Figure 29. SAM Wireless Market Revenue and Forecast to 2027(US$ Million)

Figure 30. SAM Tunnel Sensor Market Breakdown, by Application (2019 and 2027)

Figure 31. SAM Road Tunnel Market Revenue and Forecast to 2027(US$ Million)

Figure 32. SAM Rail Tunnels Market Revenue and Forecast to 2027(US$ Million)

Figure 33. SAM Others Market Revenue and Forecast to 2027(US$ Million)

Figure 34. SAM: Tunnel Sensor Market Revenue Share, by Key Country (2019 and 2027)

Figure 35. Brazil: Tunnel Sensor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 36. Argentina: Tunnel Sensor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 37. Rest of SAM: Tunnel Sensor Market – Revenue and Forecast to 2027 (US$ Million)

Figure 38. Impact of COVID-19 Pandemic in SAM Country Markets

The List of Companies - South America Tunnel Sensor Market

ACOEM
CODEL International Ltd
DURAG Group
GEONICA
SICK AG
Trolex Ltd

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
Validates and strengthens in-house secondary research findings
Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

Industry participants: VPs, business development managers, market intelligence managers and national sales managers
Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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