This report provides Transforma Insights’ view on the Infrastructure Monitoring IoT market. The report covers details on the evolution of infrastructure monitoring solutions. IoT plays an important role in monitoring infrastructure, including dams, tunnels, bridges, and pipelines by making sure that they can continue to function properly by detecting any faults at very early stages. This not only ensures a longer life for infrastructure, but it also proves to be of great economic value to the organisations deploying these IoT solutions with projects creating significant savings for operators.
The report provides a detailed definition of the sector, analysis of market development and profiles of the key vendors in the space. It also provides a summary of the current status of adoption and Transforma Insights’ ten-year forecasts for the market. The forecasts include analysis of the number of IoT connections by geography, the technologies used and revenue.
A full set of forecast data, including country-level forecasts, sector breakdowns and public/private network splits, is available through the IoT Forecast tool.
This section focuses on how IoT plays a crucial role in monitoring public infrastructure as it ages, by making sure that it can continue to function properly by detecting any faults at very early stages. It also talks about the functions (like monitoring the health and strength of infrastructure) and benefits of the infrastructure monitoring solutions (like their cost-effectiveness, compared to regular on-site inspections and in-person sensor readings).
It then discusses the preferred connectivity technologies supporting these solutions (like how the advent of LPWA technologies such as LoRa or NB-IoT has enabled the adoption of sensors on less critical and more remote infrastructure) and charts their future growth possibilities as well. It also includes some of the barriers (like the adoption of drones) that may hinder their market growth.
The “Market Development” segment has been further bifurcated into Non-Pipeline and Pipeline monitoring.
The non-pipeline monitoring has been divided into construction monitoring, dam and reservoir monitoring, bridge monitoring, rail infrastructure monitoring, and tunnel monitoring.
This section explains the need to monitor infrastructure projects and explains how wireless IoT solutions are used in such projects. It also describes some of the benefits of using infrastructure monitoring systems during construction (such as installing sensors to monitor the health and status of infrastructure with minimal disruption).
It also contains some relevant IoT deployments in this application, like like Worldsensing and Geomotion Australia offering tunnel monitoring solutions for Melbourne’s Metro Tunnel Project.
This section describes the importance of deploying IoT devices in dams and reservoirs (such as to stabilise the amount of water in these bodies). It then talks about the relevant features of such systems like monitoring hydraulic failures and keeping a check on the structural and mechanical failures of dams.
It also includes a few examples of relevant IoT deployments in this application, such as Yuba Water Agency using Bentley’s iTwin Application to monitor New Bullards Bar Dam in California.
This section talks about the factors that can deteriorate bridges (such as natural wear and tear from wind, humidity, heat, and seismic events), how IoT sensors are being deployed across numerous bridges that are at high risk of collapsing, and the purpose of these sensors (like monitoring such bridges’ conditions and providing necessary updates to the concerned authorities). Additionally, there is a concise exploration of the favoured communication technologies employed in these sensors, along with an examination of why these options are being chosen over alternative ones. For instance, LoRa is a common choice here, due to its long range and low power capabilities.
It also mentions a few relevant IoT deployments in this application like the Italian navy partnering with Engineering Industries Excellence to monitor and maintain the naval bridge in Apulia.
This section explains why the rail industry is rapidly adopting IoT solutions, what these solutions can do for the railway (like detecting anomalies and warning the concerned authorities), and why LPWA is the preferred technology choice in these sensors. To cite an instance, a webinar by Worldsensing titled, “IoT Wireless Monitoring in the Rail Industry”, showcased that 58% of the event attendees were already using IoT solutions in their railway projects.
A few examples of relevant IoT deployments in this application have also been included in this section, like AP Sensing offering cable theft monitoring solutions to Deutsche Bahn.
This section explores the reasons for tunnel monitoring (such as their ageing), explains how IoT solutions are typically deployed inside such tunnels to remotely monitor their status in real-time, and talks about the preferred connectivity technology in these sensors and their benefits (such as LPWA and the longer battery life associated with it).
It also contains a few examples of relevant IoT deployments in this application, such as Encardio-rite offering tunnel monitoring solutions to Rohtang Atal Tunnel in partnership with Strabag AG-Afcons JV.
This section explains why maintaining and monitoring pipeline infrastructure is necessary (for instance, to prevent leaks and damages, eventually increasing the lifespan of the pipes). An illustrative example is the 2018 Line 5 oil spill at Michigan's Straits of Mackinac, where the failure of twin 65-year-old pipelines connecting Michigan's Upper and Lower Peninsulas resulted in USD697.5 million in natural resource damage and restoration costs, along with a total economic impact of USD5.6 billion. This subsection also includes the communication technologies that these systems use to monitor the status of the pipeline (such as a combination of Short Range and long-range technologies) and their working mechanism.
There is also an example of relevant IoT deployments in this application, which is Saudi’s Saline Water Conversion Corporation (SWCC) partnering with OptaSense to provide monitoring solutions for water pipelines.
The key vendors section lists some of the main providers of products and services related to the Infrastructure Monitoring market, such as Geokon, Infrastructure IoT, IoT Bridge, Resensys, Viotel, and Worldsensing. The report provides profiles of the various vendors including aspects most relevant to this Application Group, such as product offerings, pricing, financial results, and technology.
In the market forecasts section, we provide a summary of the forecasts from the Transforma Insights IoT Forecast Database:
The report charts the growth in the number of Infrastructure Monitoring connected devices, which will grow from 18.6 million in 2023 to approximately 45.7
million in 2033.
Transforma Insights forecasts are compiled on a country-by-country basis. This report includes a regional summary, showing splits between Australasia, Greater China, North America, Europe, Japan, Latin America, MENA, Russia & Central Asia, South East Asia, South Korea, India & South Asia, and Sub-Saharan Africa.
Transforma Insights’ IoT forecasts include splits between the various connectivity technologies as follows: 2G, 3G, 4G, 5G mMTC, 5G non-mMTC, LPWA (non-mMTC), Satellite, Short Range, and Other.
This section discusses which technologies will be used in the infrastructure monitoring application group.
This part of the report discusses the market growth in terms of revenue (module revenue, service wrap revenue, and VAC revenue). Transforma Insights estimates that the revenue in the Infrastructure Monitoring Application Group will grow at a CAGR of 8%.
