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

Market Introduction

Tunnel sensors play a crucial role in any tunnel safety system by sensing and monitoring various important parameters such as ventilation, air quality, visibility, and lighting. The efficient measurement of these parameters helps tunnel construction and management companies in ensuring high operational efficiency, preventing tunnel accident/fatalities, and reducing costs. The demand for tunnel sensors in applications such as air quality monitoring for ventilation control and smoke detection is growing at an impressive pace. In addition to this, the growing environmental pollution concerns and people safety concerns are further driving the demand for these sensors to measure concentration of gases such as Nitric Oxide (NO) and Carbon Monoxide (CO) in tunnel environments. The adoption of tunnel sensors in road and railway tunnels is anticipated to increase owing to various advantages offered by these sensors. Some of the common advantages include cost savings, high accuracy, enhanced productivity, and environmental benefits.

Market Overview and Dynamics

The tunnel sensor market in North America was valued at US$ 1,279.0 million in 2019 and is expected to grow at a CAGR of 4.7% during the forecast period to reach US$ 1,825.1 million by 2027. The COVID-19 outbreak is anticipated to affect the growth rate of North America tunnel sensor market in the year 2020 and 2021 and thus there is sharp decline in y-o-y growth during these years. However, the growth is expected to normalize from 2021 onwards and the market is projected to grow at a steady pace. The rising levels of industrialization and urbanization in developing countries due to population growth coupled with tunnel infrastructure upgradation and growing tunnel safety regulations in developed regions such as North America are some of the key factors that are expected to boost the growth of tunnel sensor market over the forecast period of 2020 to 2027.

Key Market Segments

In terms of solution type, the air quality monitoring segment held the largest share of the North America tunnel sensor market in 2019. In terms of services type, the installation services segment contributed the largest share to the market in 2019. By connectivity type and application, wired and road tunnels were the largest segments respectively.

Major Sources and Companies Listed

A few major primary and secondary sources referred while preparing this report on the tunnel sensor market in North America are company websites, annual reports, financial reports, national government documents, statistical database, and among others. CODEL International Ltd., DURAG GROUP, ACOEM, Trolex Ltd., and SICK AG are some of the major companies listed in the report.

Reasons to buy report

• To understand the North America tunnel sensor market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for North America tunnel sensor market
• Efficiently plan M&A and partnership deals in North America tunnel sensor market by identifying market segments with the most promising probable sales
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America tunnel sensor market
• Obtain market revenue forecast for market by various segments from 2020 to 2027 in North America region

The report segments the North America tunnel sensor market as follows:

North America Tunnel Sensor Market – By Solution

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

North America Tunnel Sensor Market – By Services

• Installation Services
• Maintenance Services
• Consulting Services

North America Tunnel Sensor Market – By Connectivity

• Wired
• Wireless

North America Tunnel Sensor Market – By Application

• Road Tunnels
• Rail Tunnels
• Others

North America Tunnel Sensor Market – By Country

• US
• Canada
• Mexico

North America Tunnel Sensor Market -Companies Mentioned

• CODEL International Ltd.
• DURAG GROUP
• ACOEM
• Trolex Ltd.
• SICK AG

1. CODEL International Ltd.
2. DURAG GROUP
3. ACOEM
4. Trolex Ltd.
5. SICK AG

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• Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
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