What is Dam Monitoring Market?
Dam monitoring is an important engineering and monitoring topic of the current human society. Dams are a vital part of the infrastructure and provide water, power, flood control, and recreation. Automated monitoring systems become an important part of many dam maintenance programs. Dam Monitoring empowers operators to dynamically manage the integrity and safety of their entire asset base such as remotely, at scale, and cost-effectively. It tracks unusual changes in ground motion, vegetation, and moisture. Prediction of aging, earthquakes, erosion, water level and many other factors drive the global dam monitoring market growth.
Highlights from Dam Monitoring Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | GEOKON (United States), IntellTech (Brazil), Rezatec (United Kingdom), Soil Instruments Limited (United Kingdom), RST Instruments Ltd (Canada), Interface Inc. (United States), Transcell Technology, Inc. (United States), Micron Instruments Inc. (India), Durham Geo-Enterprises Inc. (Georgia) and Tetra Tech (United States) |
Global Dam Monitoring is a fragmented market due to the presence of various players. The players are launching intelligent satellite-based dam monitoring systems. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to enhance their global growth strategy, and offers opportunities.
GEOKON (United States), IntellTech (Brazil), Rezatec (United Kingdom), Soil Instruments Limited (United Kingdom), RST Instruments Ltd (Canada), Interface Inc. (United States), Transcell Technology, Inc. (United States), Micron Instruments Inc. (India), Durham Geo-Enterprises Inc. (Georgia) and Tetra Tech (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Stantec (Canada), Leica Geosystems (Switzerland), Schnabel Engineering (United States), GeoSIG Ltd (Switzerland), Nextware Technologies (United States), Rite Geosystems Inc. (United States), Binnies (United Kingdom) and Geosyntec Consultants, Inc. (United States). Dam Monitoring Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Water Level Monitoring, Abnormal Weather Warning and Others |
Type | Concrete Dams, Tailings Dams and Earth + Rockfill Dams |
Sensor Type | Thermocouples,Deformation Sensors,Accelerometers,Sonic Water-Level Sensors |
System | Distributed System,Centralized System |
On the basis of geography, the market of Dam Monitoring has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Problems like Overtopping, Foundation Problems, Structural Problems, and Piping
- The Necessity to Avoid Failure and Catastrophes
Market Trend
- Advances in Geotechnical Instrumentation, Surveying Technologies, and Data Transmission Systems
Restraints
- Concerns with the Accuracy of Dam Monitoring in Extreme Weather Conditions
Opportunities
- Robust Solution of Geodetic Networks
- New Technologies have been Applied to Dam Deformation Measurement, offering Unprecedented Opportunities for the Market Demand
Challenges
- Lack of Measurement Accuracy and Problems with the Long-term Stability of Dam Monitoring Equipment
Market Leaders & Development Strategies
On 3rd March 2022, Tetra Tech expanded its sustainable water management practice with the addition of Piteau Associated. The partnership will help Piteau to collaborate on technical multi-disciplinary projects, enhance its global growth strategy, and offers opportunities for its team and a broader scope of service to its clients.
On 28th January 2021, Binnies and Rezatec launched an intelligent satellite-based dam monitoring system. iDMS, a remote monitoring service, uses Geospatial data to pinpoint any movement in the dam’s structure, down to insufficient millimeters of movement. This delivers an exceptional risk management tool that helps and enhances existing reservoir safety best practices while existing scalable and cost-effective.
Key Target Audience
Dam Monitoring, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others