Market Overview:
The global construction site monitoring market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The market growth is attributed to the increasing demand for advanced and innovative construction site monitoring systems across the globe. Additionally, the growing awareness about safety and security in construction sites is also propelling the growth of this market. Based on type, the global construction site monitoring market can be segmented into mobile monitoring system and fixed-point monitoring system. The mobile monitoring system segment is projected to grow at a higher CAGR during the forecast period as it offers several advantages such as easy installation, portability, and real-time data transmission among others. Based on application, bridge construction accounted for majority of share in 2017 and is expected to maintain its dominance during the forecast period owing to increasing number of infrastructure development projects globally.
Product Definition:
Site monitoring is the process of tracking the progress and quality of a construction project. This can include everything from ensuring that workers are following safety protocols to making sure that materials are being delivered on time. Construction site monitoring is important because it helps ensure that projects are completed on schedule and within budget. It also helps identify potential problems early so they can be addressed before they cause delays or cost overruns.
Mobile Monitoring System:
A mobile monitoring system is a tool that enables construction managers to track and monitor the activities at construction sites in real-time. It provides information about site conditions such as soil erosion, waste disposal, and weather changes. The factors responsible for the growth of this market are increasing awareness regarding safety at construction sites, need for effective quality control procedures during building operations and growing emphasis on reducing costs by using advanced technologies in monitoring systems.
Fixed-point Monitoring System:
Fixed-point Monitoring System (FPS) is a system that measures real-time process variables and environmental parameters in construction sites. It provides data on the site conditions such as ground movement, temperature, humidity, air pressure and material properties. FPS can be used for predictive maintenance of construction equipment to predict component failure or degradation so that appropriate maintenance action can be taken in time.
Application Insights:
Building construction was the largest application segment in 2017 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for residential, commercial and civil infrastructure across countries such as India, China, U.S., Germany etc.
The other applications include transportation infrastructure projects such as railway line/highway/airport etc., which are majorly constructed on public-private partnerships basis owing to low government funding rate in these projects along with attractive profit margins for private investors involved in these projects. These factors are expected to drive the market growth over the forecast period by 2030 eventually resulting in increased constructions activities thereby driving site monitoring systems demand globally over the next eight years (2030 - 2038).
Regional Analysis:
Asia Pacific construction site monitoring market is expected to grow at the highest CAGR of XX% from 2018 to 2030. This growth can be attributed to increasing investments in infrastructure development across emerging economies such as China and India. For instance, according to the World Bank Group, between 2010 and 2016, China’s GDP grew by 11%. Similarly, India's GDP grew by 7% during the same period. Such high growth rates are anticipated to create a significant demand for global construction site monitoring systems in APAC over the forecast period.
The Middle East & Africa region accounted for approximately 9% of revenue share in 2017 owing its large oil & gas reserves which require constant maintenance and surveillance on account of ongoing projects such as Al-Shaheen field (Saudi Arabia) and Khurais field (Qatar). Moreover, rising government spending on various infrastructure projects including hospitals buildings bridges roads airports is anticipated drive regional market growth over next eight years.
Growth Factors:
- Increasing demand for construction projects owing to population growth and urbanization
- Rising awareness about the benefits of construction site monitoring among contractors, builders, and developers
- Proliferation of innovative construction site monitoring technologies and solutions
- Growing number of public-private partnerships for infrastructure development projects
- Increasing focus on safety and security in the construction industry
Scope Of The Report
Report Attributes
Report Details
Report Title
Construction Site Monitoring Market Research Report
By Type
Mobile Monitoring System, Fixed-point Monitoring System
By Application
Bridge Construction, Road Construction, Building Construction, Other
By Companies
Stealth Monitoring, Sensera Systems, ECAMSECURE, Fedora Security Group, Worldsensing, OT Systems, STROPS Technologies, SentriForce, Night Hawk Monitoring, Live Patrol, Sonitrol Corporation, Rysta GmbH, Sigicom, Wireless CCTV, Robowatch, VPS Holdings, OpticVyu, Hikvision
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Construction Site Monitoring Market Report Segments:
The global Construction Site Monitoring market is segmented on the basis of:
Types
Mobile Monitoring System, Fixed-point Monitoring System
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Bridge Construction, Road Construction, Building Construction, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Stealth Monitoring
- Sensera Systems
- ECAMSECURE
- Fedora Security Group
- Worldsensing
- OT Systems
- STROPS Technologies
- SentriForce
- Night Hawk Monitoring
- Live Patrol
- Sonitrol Corporation
- Rysta GmbH
- Sigicom
- Wireless CCTV
- Robowatch
- VPS Holdings
- OpticVyu
- Hikvision
Highlights of The Construction Site Monitoring Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Mobile Monitoring System
- Fixed-point Monitoring System
- By Application:
- Bridge Construction
- Road Construction
- Building Construction
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Construction Site Monitoring Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Construction site monitoring is the process of continuously monitoring a construction project to ensure that all safety and environmental requirements are being met. Site monitors may be employed by the construction company, subcontractor, or government agency overseeing the project.
Some of the major companies in the construction site monitoring market are Stealth Monitoring, Sensera Systems, ECAMSECURE, Fedora Security Group, Worldsensing, OT Systems, STROPS Technologies, SentriForce, Night Hawk Monitoring, Live Patrol, Sonitrol Corporation, Rysta GmbH, Sigicom, Wireless CCTV, Robowatch, VPS Holdings, OpticVyu, Hikvision.
The construction site monitoring market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Construction Site Monitoring Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Construction Site Monitoring Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Construction Site Monitoring Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Construction Site Monitoring Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Construction Site Monitoring Market Size & Forecast, 2018-2028 4.5.1 Construction Site Monitoring Market Size and Y-o-Y Growth 4.5.2 Construction Site Monitoring Market Absolute $ Opportunity
Chapter 5 Global Construction Site Monitoring Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Construction Site Monitoring Market Size Forecast by Type
5.2.1 Mobile Monitoring System
5.2.2 Fixed-point Monitoring System
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Construction Site Monitoring Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Construction Site Monitoring Market Size Forecast by Applications
6.2.1 Bridge Construction
6.2.2 Road Construction
6.2.3 Building Construction
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Construction Site Monitoring Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Construction Site Monitoring Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Construction Site Monitoring Analysis and Forecast
9.1 Introduction
9.2 North America Construction Site Monitoring Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Construction Site Monitoring Market Size Forecast by Type
9.6.1 Mobile Monitoring System
9.6.2 Fixed-point Monitoring System
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Construction Site Monitoring Market Size Forecast by Applications
9.10.1 Bridge Construction
9.10.2 Road Construction
9.10.3 Building Construction
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Construction Site Monitoring Analysis and Forecast
10.1 Introduction
10.2 Europe Construction Site Monitoring Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Construction Site Monitoring Market Size Forecast by Type
10.6.1 Mobile Monitoring System
10.6.2 Fixed-point Monitoring System
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Construction Site Monitoring Market Size Forecast by Applications
10.10.1 Bridge Construction
10.10.2 Road Construction
10.10.3 Building Construction
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Construction Site Monitoring Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Construction Site Monitoring Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Construction Site Monitoring Market Size Forecast by Type
11.6.1 Mobile Monitoring System
11.6.2 Fixed-point Monitoring System
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Construction Site Monitoring Market Size Forecast by Applications
11.10.1 Bridge Construction
11.10.2 Road Construction
11.10.3 Building Construction
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Construction Site Monitoring Analysis and Forecast
12.1 Introduction
12.2 Latin America Construction Site Monitoring Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Construction Site Monitoring Market Size Forecast by Type
12.6.1 Mobile Monitoring System
12.6.2 Fixed-point Monitoring System
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Construction Site Monitoring Market Size Forecast by Applications
12.10.1 Bridge Construction
12.10.2 Road Construction
12.10.3 Building Construction
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Construction Site Monitoring Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Construction Site Monitoring Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Construction Site Monitoring Market Size Forecast by Type
13.6.1 Mobile Monitoring System
13.6.2 Fixed-point Monitoring System
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Construction Site Monitoring Market Size Forecast by Applications
13.10.1 Bridge Construction
13.10.2 Road Construction
13.10.3 Building Construction
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Construction Site Monitoring Market: Competitive Dashboard
14.2 Global Construction Site Monitoring Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Stealth Monitoring
14.3.2 Sensera Systems
14.3.3 ECAMSECURE
14.3.4 Fedora Security Group
14.3.5 Worldsensing
14.3.6 OT Systems
14.3.7 STROPS Technologies
14.3.8 SentriForce
14.3.9 Night Hawk Monitoring
14.3.10 Live Patrol
14.3.11 Sonitrol Corporation
14.3.12 Rysta GmbH
14.3.13 Sigicom
14.3.14 Wireless CCTV
14.3.15 Robowatch
14.3.16 VPS Holdings
14.3.17 OpticVyu
14.3.18 Hikvision