DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Smart Bridges Market: By Sensor (Accelerometers, Anemometers, Others); By Technology (Transportation and Communication System, Traffic Management System, Others) & By Region (Europe, North America, Asia-Pacific, RoW)-Forecast (2016-2022)" report to their offering.
Smart bridges are technologically advanced bridges that alert the respectable maintenance department for any uncertainties prior to their occurrence, by providing more efficient and real-time monitoring and inspection. Globally, development of efficient and advanced technology, rising incidences of bridge collapsing, flourishing construction industry, increasing government initiatives around the globe, and advantages of smart bridges are the prime growth drivers of the smart bridges market. In addition, an increase in adoption of smart bridges for application in emerging economies such as China, India and others, will create new opportunities for the smart bridges market. However, higher cost of research and development, availability of substitute methods such as visual inspection, dye penetrant testing, magnetic particle testing, and ultrasonic techniques, and higher cost of smart bridges as compared to conventional bridges are the key restraints for the smart bridges market.
Geographically, North America dominated the smart bridges market, followed by Europe, because of availability of advanced technologies and skilled labour. Asia Pacific is projected to have the fastest growth, owing to rapidly increasing government initiatives, higher number of bridges with structural damage, and growing urbanization, and rise in construction of new bridges in developing nations such as China, and India in this region. Among all the sensors, accelerometers sensors has the highest market share in the smart bridges market due to a spur in construction of smart bridges.
This report identifies the smart bridges market size for the years 2014-2016, and forecast of the same till the year 2022. It also highlights the market drivers, restraints, growth indicators, challenges, and other key aspects with respect to the smart bridges market.
Key Topics Covered:
1. Smart Bridges Market - Overview
2. Executive Summary
3. Smart Bridges Market Landscape
4. Smart Bridges Market- Forces
5. Smart Bridges Market - Strategic Analysis
6. Smart Bridges Market, By Sensor
7. Smart Bridges Market, By Technology
8. Smart Bridges Market, By Application
9. Smart Bridges Market, By Geography
10. Smart Bridges - Entropy
11. Company Profiles (Overview, Financials, SWOT Analysis, Developments, Product Portfolio)
- Kapsch TrafficCom
- Siemens AG
- Indra Sistemas
- LG CNS
- Honeywell International Inc.
For more information about this report visit http://www.researchandmarkets.com/research/t822lg/smart_bridges