Tunnel Monitoring System Market, by Offering (Hardware, Software & Services), Tunnel Type (Highway, Railway, Other Tunnels), Networking Technologies (Wired, Wireless), and Region (North America, Europe, Asia Pacific, Middle East and Africa, South America) — Industry Trends and Forecast to 2030

The Global Tunnel Monitoring System Market is estimated to value USD XX million in 2021 and reach USD XX million by 2030 with a CAGR of XX% during the forecast period. Tunnel monitoring serves as a tool for checking the tunnel's stability and strength, confirming the design, and evaluating the intensity and order of activities during construction. Sensors are crucial parts of tunnel monitoring system because they detect pressure, strain, force, vibration, temperature, and other factors that are important in assessing the state of a tunnel construction. Sensors are becoming more affordable. Micro-electromechanical systems (MEMS) and fiber-optic sensors have been mass produced for a range of applications, lowering their prices to tens of dollars, and with their growing popularity, costs may be further decreased. Tunnel monitoring system will be less expensive as the cost of sensors decreases. The market for tunnel monitoring systems is being driven by the low-cost availability of a wide range of tunnel monitoring sensors.

As tunnel monitoring systems get more complicated as new integration technologies are emerging to aid in the integration of hardware—sensors, communication modules, and data gathering systems—with software that analyzes the collected monitoring data. As it is difficult to monitor the full health of tunnels with a single approach, integration is the best option for tunnel monitoring. The total monitoring of tunnels using a tunnel monitoring system will become more cost-effective and precise as the integration of data sensed and recorded through multiple hardware systems with software advances and becomes less difficult. This is expected to provide market growth opportunities.

In the tunnel monitoring system industry, data processing and administration is a key challenge. Sensors are strategically positioned in the infrastructure to monitor and collect environmental and reaction data. Hence, every decision on tunnel structure maintenance is based on sensor data (integrated in the structure) gathered at the base station via a wired or wireless communication network. Strain gauge sensors, accelerometer sensors, and displacement sensors gather critical data about the structure and send it to the base center for processing. Furthermore, every day, these sensors create a massive amount of data. The process of analyzing and preserving this data is difficult. With the widespread use of the internet, modern computer system for data management and processing may be applied. Various research institutes are experimenting with various approaches to solve the problem of data processing and administration while retaining data integrity. This problem is intended to be solved using a novel technique to locate and extract valuable data from a big database. Tunnel monitoring systems are complicated by nature; they are made up of several distinct systems that operate together. Software is essential for evaluating data collected by various devices. As these technologies capture data in real-time, experienced individuals are necessary to make critical choices in real-time. Furthermore, the information needed during and after construction differs. In certain situations, monitoring just one parameter is adequate, but in complicated cases, monitoring many parameters and their correlation is required. Skilled individuals are required to complete this task. As a result, the tunnel monitoring system market faces significant challenges due to a scarcity of trained employees in APAC and high labor costs in the Americas and Europe.

Impact of COVID-19 on Global Tunnel Monitoring System Market

The tunnel monitoring market is expected to experience a recession for the first two to three quarters of 2021, as major construction, repair, and repair activities in the civil infrastructure, aerospace and automotive, as well as energy sectors across different countries were put on hold to contain the virus in the first half of 2020. The tunnel monitoring business has witnessed a decline in demand for monitoring equipment as a result of the COVID-19 pandemic. By the end of 2020, the market, on the other hand, had bounce back gradually as governments undertake infrastructure building projects to reduce the unemployment rate caused by the COVID-19 outbreak.

TABLE 1: GLOBAL TUNNEL MONITORING SYSTEM MARKET OVERALL SNAPSHOT

table 1

Market Segmentation

The global tunnel monitoring system market report has been segmented by offering, tunnel type, networking technologies, and region.

FIGURE 2 GLOBAL TUNNEL MONITORING SYSTEM MARKET

fig 1

Global Tunnel Monitoring System Market, by Offering

Based on offering, the market is segmented into hardware and software and services. Among these, hardware segment holds the largest market share in global tunnel monitoring system market in 2021 and is expected to remain largest during the forecast period. The segment growth can be because the most essential component of a tunnel monitoring system is hardware. It is used to measure the physical characteristics of a tunnel, like temperature, pressure, strain, dynamic load, fractures, as well as corrosion.

Global Tunnel Monitoring System Market, by Tunnel Type

Based on tunnel type, the market is segmented into highway, railway and other tunnels. Among these, railway segment holds the largest market share in 2021 and is estimated to remain largest during the forecast period. Railway tunnels are an important part of every country's communication infrastructure. For underground transit, the majority of railway routes are in mountain ranges and cities. As a result, the demand for tunnel monitoring system to manage and maintain the health of railway tunnels is expected to drive segment growth.

Global Tunnel Monitoring System Market, by Networking Technologies

Based on networking technologies, the market is segmented into wired and wireless. Among these, the wireless segment holds the largest market share in 2021 and is expected to remain the largest during the forecast period. Due to the rising use of supporting technologies such as the internet of things (IoT), the use of wireless technology-based tunnel monitoring system is expected to accelerate during the forecast period. Tunnel monitoring system based on wired networking technology, on the other hand, are more expensive than tunnel monitoring system based on wireless networking technology. All these factors are expected to drive the segment growth.

Global Tunnel Monitoring System Market, by Region

Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and South America. Asia Pacific holds the largest market share in 2021 and is expected to remain the largest during the forecast period. Factors such as rising population and rapid urbanization have led to a rise in use of roads and railways in Asia Pacific. Governments in Asia Pacific are actively investing in infrastructural improvements such as motorways and railways to provide connectivity across the country. This has resulted in an upsurge in tunnel building in nations such as China and India.

Asia Pacific has begun to emphasize the advantages of tunnel monitoring system, with nations such as China, Japan, Singapore, India, and South Korea taking the lead. Tunnel monitoring systems have been more popular in Asia Pacific, with economies such as China, Japan, Singapore, India, and South Korea progressively using them to assure the safety of their current and new tunnel constructions.

TABLE 2: Global Tunnel Monitoring System Market Overview

table 2 

 FIGURE 2: Global Tunnel Monitoring System Market (USD MILLION), 2021–2030

 img 2

Recent Developments in Global Tunnel Monitoring System Market

  • August 2017-COWI was given the contract to design a water main project (an underground engineering project) for Norway to provide a consistent water system, even in the event of severe leaks or maintenance work.
  • March 2017-Ramboll, Arup (UK), and TEC Tunnel Engineering Consultants (Netherlands) were selected as Femern's client consultants (Denmark). The Fehmarn Belt fixed line between Denmark and Germany is being designed by Femern, a tunnel that will shorten the distance between the two nations.
  • May 2017-Strainstall, a James Fisher company, released the SmartLoad 1Ex wireless product line with improved functionality that helps its clients in a variety of safety-critical sectors.
  • November 2016-Geokon linked their inclinometer with digital compasses allowing spiral surveys and expanding the application spectrum. Readers can be used to record the readings.

What Does This Report Provide?

This report provides a detailed understanding of the global market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market. The major market drivers, challenges, and opportunities for the global tunnel monitoring system market have been covered in the report. This report further includes the market shares of the leading companies operating in the global market, along with their production capacities and the growth strategies adopted by them.

Market Segmentation:

 By Offering

  • Hardware
  • Software and Service

By Tunnel Type

  • Highway Tunnels
  • Railway Tunnels
  • Other Tunnels

By Networking Technologies

  • Wired
  • Wireless

By Region

North America Market

  • North America, by Country
    • US
    • Canada
    • Mexico
  • North America, by Offering
  • North America, by Tunnel Type
  • North America, by Networking Technologies

Europe Market

  • Europe, by Country
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Europe, by Offering
  • Europe, by Tunnel Type
  • Europe, by Networking Technologies

Asia Pacific Market

  • Asia Pacific, by Country
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • Asia Pacific, by Offering
  • Asia Pacific, by Tunnel Type
  • Asia Pacific, by Networking Technologies

Middle East and Africa Market

  • Middle East and Africa, by Country
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of Middle East and Africa
  • Middle East and Africa, by Offering
  • Middle East and Africa, by Tunnel Type
  • Middle East and Africa, by Networking Technologies

South America Market

  • South America, by Country
    • Brazil
    • Argentina
    • Rest of South America
  • South America, by Offering
  • South America, by Tunnel Type
  • South America, by Networking Technologies

Major Companies: In this report, the major companies studied are Nova Metric (US), SISGEO (Italy), Fugro (Netherlands), Ramboll (Denmark), James Fisher (UK), GEOKON (US), Geocomp (US), RST Instruments (Canada)

Objectives of this Report:

  • To estimate the market size for the global tunnel monitoring system market on a regional and global basis
  • To identify major segments in the global tunnel monitoring system market and evaluate their market shares and demand
  • To provide a competitive scenario for the global tunnel monitoring system market with major developments observed by the key companies in the historic years
  • To evaluate key factors governing the dynamics of global tunnel monitoring system market with their potential gravity during the forecast period
  • To evaluate the leading company-wise pricing analysis for the mentioned applications

Key Questioned Answered in the Study:

  • What are major growth drivers and market trends that impacting on the global tunnel monitoring system market?
  • What the market size both in terms of value and volume for global tunnel monitoring system market?
  • Who are leading market players and who are the new market players that operate in the global tunnel monitoring system market with an estimated market share?
  • What are the future investment pockets and opportunity in the global tunnel monitoring system market?
  • Major list of customers and potential futuristic customer list along with an estimated buying volume
  • Impact of COVID-19 on global tunnel monitoring system market

Customization:

This study is customized to meet your specific requirements:

  • By sub-segment
  • By client-specific country, type, and application market analysis
  • Pricing analysis along with the potential list of customers
  • Product-specific competitive analysis

For more information, contact: sales@quincemarketinsights.com