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Structural Health Monitoring Market to Witness Huge Growth by Key Players: COWI, Pure Technologies, Structural Monitoring Systems, Acellent, Geocomp, Campbell Scientific, Nova Metrix, Geokon, SIXENSE, Digitexx, Bridge Diagnostics and Others.

04-17-2020 07:18 AM CET | IT, New Media & Software

Press release from: ReportsandReports

Structural Health Monitoring Market to Witness Huge Growth

According to Market Study Report, Structural Health Monitoring Market provides a comprehensive analysis of the Structural Health Monitoring Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry. This report also provides market landscape, technological trends and market share information in the Structural Health Monitoring Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Structural Health Monitoring Market is estimated to grow from USD 1.48 Billion in 2018 to USD 3.38 Billion by 2023, at a CAGR of 17.93% between 2018 and 2023. This report spread across 171 pages, profiling 10 companies and supported with 69 tables and 47 figures are now available in this research.

Top Companies Profiled in the Structural Health Monitoring Market:
o COWI (Denmark)
o Pure Technologies (Canada)
o Structural Monitoring Systems (Australia)
o Acellent (US)
o Geocomp (US)
o Campbell Scientific (US)
o Nova Metrix (US)
o Geokon (US)
o SIXENSE (France)
o Digitexx (US)
o Bridge Diagnostics (US)
o Sisgeo (Italy)
o RST Instruments (Canada)
o AVT Reliability (UK)
o Geomotion Singapore (Singapore)

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"Wired structural health monitoring technology expected to hold a larger market share by2023"
Considering today's scenario, wired structural health monitoring systems are widely adopted for monitoring different types of structures as they offer reliable connectivity, and there is no limitation on long-distance data transfer. Additionally, wired minoring systems are already being used for the overall assessment of numerous structures such as bridges, buildings, and dams in various countries.

"Structural health monitoring market in APAC expected to grow at the highest rate between 2018 and 2023"
This growth can be due to the rapid infrastructure building activities being undertaken in APAC, mainly in China, India, and Japan where structural health monitoring paves the way for the modernization of infrastructure. Further, investments from the government sector are also increasing to enhance the infrastructure facilities in the region.

Breakdown of primary participants' profile:
o By Company Type: Tier 1 = 20%, Tier 2 = 45%, and Tier 3 = 35%
o By Designation: C-Level Executives = 35%, Directors= 25%, and Others=40%
o By Region: Americas = 45%, Europe = 25%, APAC = 20%, and RoW = 10%

Competitive Landscape of Structural Health Monitoring Market:
1 Overview
2 Ranking of Players, 2017
3 Competitive Scenario
3.1 Partnerships, Agreements, Collaborations, and Contracts
3.2 Product Launches/Developments
3.3 Mergers & Acquisitions

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Reason to access this report:
o Market development: Comprehensive information about lucrative emerging markets and analysis of the structural health monitoring market across regions
o Market diversification: Exhaustive information about new products, untapped geographic regions, and recent developments in the overall structural health monitoring market
o Competitive assessment: In-depth assessment of ranking, strategies, products of the leading players in the structural health monitoring market

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