Damage Bridge Inspection Services An Insight On the Important Factors and Trends Influencing the Market

Global Bridge Inspection Services Market: Segmentation

Segmentation table of the global bridge inspection services market has been provided below on the basis of inspection, inspection purpose, bridge category, testing, bridge construction and region.

Inspection

• Superficial / Initial
• Routine
• Principal
• Special
• Damage

Inspection Purpose

• Inventory Inspection
• Condition Inspection
• Maintenance Inspection
• Rehabilitation Inspection

Bridge Category

• Transportation Over bridge
  • On Land
  • On Water Bodies
• Pedestrian (Foot) Over Bridge
  • On Road
  • Transit Stations (Railways, Airport etc.)
  • Commercial Spaces and Amusement Parks
• Railway Over bridge
• Pipeline Bridge

Testing

• Concrete Structure Testing
  • Rebound Hammer Test
  • Carbonation Depth
  • Ultrasonic Pulse Velocity Test
  • Half Cell Electric Potential Test
  • Rebar Detection Test
  • Infrared Thermal Imaging Test
  • Compressive Strength Test
• Steel Structure Testing
  • Paint Thickness Test
  • Metal Thickness Test
  • Magnetic Particle Testing
  • Eddy Current Testing
• Special Non-Destructive Test
  • Ultrasonic Flow Detection Test
  • Static Load Carrying Test
  • Dynamic Load Carrying Test
  • Ambient Vibration Test
  • Impact Vibration Test.
  • SONAR Test (For Scouring)
  • Impact Echo Test
  • X-Ray Test
  • In-Situ Stress Measurement Test.

Bridge Construction

• Permanent Bridges
  • Fixed Bridges
  • Movable Bridges
• Temporary Bridges
  • Fixed Bridges
  • Movable Bridges

Region

• North America
• Europe
• Asia-Pacific
• Rest of the World

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Global Bridge Inspection Services Market – Scope Of The Report

The bridge inspection services market is anticipated to observe a significant growth in the forecast period of 2019 to 2029, according to the Fact.MR study. The study propounds key trends that are currently shaping the growth of the bridge inspection services market.

This newly published and insightful report sheds light on key dynamics, which are expected to transform the future of the bridge inspection services market. This, in turn, is creating flourishing avenues for prominent companies as well as emerging players associated with bridge inspection services.

The bridge inspection services market study is a sinuous market intelligence on key drivers, challenges, industry trends and opportunities, which is likely to influence the growth trajectory of the bridge inspection services market. The report initially imparts an overview of the bridge inspection services market, considering current and future prospects in growth, to unveil attractive facets pertaining to the adoption of bridge inspection services across key regional markets.

An in-depth assessment of a few of the bridge inspection service providers in the report enables the report readers to gain detailed insights that are derived from bridge inspection service providers across regional markets. A list of key companies operating in the bridge inspection services market provided in the report adds to the credibility of this exhaustive research study.

Global Bridge Inspection Services Market: Opportunity Analysis

The report offers a detailed study of different factors influencing demand, sales, and revenue generation in the bridge inspection services market around the world. The opportunity analysis included in the report is beneficial for readers to better understand opportunities in the bridge inspection services industry, which in turn, is likely to trigger the adoption of bridge inspection services. An elaborated cost structure analysis provides the report with innate completeness, and analysis offered on the cost structure involves all the regional markets incorporated.

A detailed forecast on the global bridge inspection services market has also been offered by experts, who have categorized market forecasts into a likely scenario, a conservative scenario, and an optimistic scenario regarding adoption and involvement of the global market during the forecast period. Analysis and assessment of price point by region has also been included in this study. The study also exerts details on aspects impacting strategies of service providers within the global bridge inspection services market.

Global Bridge Inspection Services Market: Analysis on Market Size Evaluation

Market valuation at the global and regional scale for the global bridge inspection services market is offered in terms of “US$ Bn.” A Y-o-Y growth comparison on the key bridge inspection services market segments, along with the market attractiveness assessment quantifies insights delivered in the report.

Global Bridge Inspection Services Market: Scrutinized Assessment on Regional Segments

Weighted chapters have been included in the report on the global bridge inspection services market, which imparts a forecast on the regional markets recognizing the regional macros (business, economic and political environment outlook), which are expected to have an impact on the growth of the global bridge inspection services market in the near future.

Country-specific assessment on the demand for bridge inspection services has also been provided for each regional market, along with the market size valuation, price point assessment, price index, and impact analysis of key regional and country-wise dynamics. Y-o-Y growth projections have also been offered on all regional markets that are incorporated in the report.

Global Bridge Inspection Services Market: In-depth Analysis on Competitive Landscape

The report concludes with a weighted chapter on the competition landscape considering up-to-date and essential developments related to market players, who are predominantly engaged in the services of bridge inspection, along with company’s strategies, identification, and analysis. Market share comparison and analysis of these market players offered in the report enables readers to devise strategies for their businesses.

The intensity mapping of the market players operating in the global bridge inspection services market provides readers with actionable intelligence, which helps in understanding the current market status and prospects determining the competition levels in the global bridge inspection services market.

Key Takeaways of Global Bridge Inspection Services Market

• Routine bridge inspection services are projected to expand 1.4X as compared to 2019, and account for around 83% of the overall value opportunity in the global market by 2029 end. The growing awareness around damage caused by improper inspection will drive the segment of routine bridge inspection services.
• The inventory inspection purpose segment is expected to create an absolute dollar opportunity ~US$ 766 Mn during the forecast period
• Asia-Pacific will remain the prominent region across the forecast period, accounting for more than 35% share in the global market, as countries in this region are focusing on modernizing their infrastructure
• Transportation over bridges account for nearly three-fifth of the overall bridge inspection market value by the end of the forecast duration
• Demand for bridge construction with permanent bridges is projected to expand 1.3X as compared to 2019

“Adoption of mobile inspection robots, drones, and virtual reality will improve the performance and efficiency of bridge inspection and will also open new growth prospects for service providers” says the Fact.MR analyst

Acquisitions Remain Market Imperative

The report reveals some of the prominent market players, including Mistras Group, KCI Technologies, Stantec, TÜV Rheinland, Mabey Group, ATS Engineering, Burns & McDonnell, Collins Engineers, Volkert Inc., GHD Group Pty Ltd, WSP Global and others. Prominent service providers are continuously focusing on strategic acquisitions in order to expand their geographic presence and business operations. For instance,

• In August 2019 TÜV Rheinland acquired Certio ITV. This strategic acquisition strengthens the mobility business area with 12 new periodical technical inspection centers
• In December 2018, Mistras Group acquired on-stream pipeline inspection services. The acquisition provides company diversification in their business operations. It will also enable company to leverage strength in the midstream segment