Structural Health Monitoring Global Market Report Top Companies and Crucial Challenges

Structural Health Monitoring Global Market Report Top Companies and Crucial Challenges

The global Structural Health Monitoring market report provided by Global Market Monitor analyzes the industry and major market trends in detail, and divides the market size by volume and value according to application types and geographic locations.

The global structural health monitoring market is expected to reach USD 1.6 billion by 2025. North America has stirred the demand for structural health monitoring systems due to the large number of aging infrastructure such as buildings, dams, bridges, and tunnels. According to the U.S. Federal Highway Administration, more than 30.0% of the structures, including bridges and dams, have exceeded their 50-year infrastructure design life. Hence, there is a need to install these systems in order to increase the life span of the structures and improve public safety. These factors are expected to drive the growth of the regional market. Increasing use of surveillance systems in the U.S. is playing a crucial role in the growth of the regional market. Governments in North and South America are taking measures to adopt surveillance systems in different applications to ensure public safety. Moreover, the Asia Pacific market is expected to grow at a rapid pace. Increasing infrastructure development activities and increasingly stringent government regulations in the region are likely to drive the market in the region. Moreover, some countries such as Indonesia and Japan are prone to earthquakes and hence, there is a high demand for improved public safety in these regions.

Structural Health Monitoring is a tool that allows civil engineers to reduce maintenance costs and improve safety measures for critical building structures.The basic functions performed by SHM systems include testing and monitoring the performance and operation of large machines, airframes, and turbines, as well as structures such as buildings, bridges, dams, and stadiums.

Rapid expansion in the infrastructure sector is expected to drive the market. Increasing government initiatives for standardization of Structural Health Monitoring systems and public safety are also driving the market growth. Stringent regulations related to sustainability of structures and decreasing cost of sensors are expected to facilitate the market. Growing infrastructural developments worldwide and increasing concerns about natural disasters have prompted governments across the world to implement certain regulations for Structural Health Monitoring, which is expected to have a favorable impact on the market. Surge in demand for cost-effective structures and maintenance is expected to fuel the market growth.

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Major Manufacture:
Geokon
Sixense
Sensuron
Rst Instruments
Pure Technologies
Cowi
Hottinger Baldwin Messtechnik
Acellent
Sites-Afla
James Fisher & Sons
Kinemetrics
Infibra Technologies
First Sensor
Feac Engineering
Nova Metrix
Aesseal
Structural Monitoring Systems
Bridge Diagnostics
Digitexx
Sisgeo
Campbell Scientific
Sodis Lab
Geomotion Singapore
Geocomp
Yapidestek Engineering
Set Point Technologies

Application Segmentation
Civil Infrastructure
Aerospace
Defence
Mining

Market Segments by Type
Wired
Wireless

Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Structural Health Monitoring Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Structural Health Monitoring Market by Types
4 Segmentation of Structural Health Monitoring Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Structural Health Monitoring Market in Major Countries
7 North America Structural Health Monitoring Landscape Analysis
8 Europe Structural Health Monitoring Landscape Analysis
9 Asia Pacific Structural Health Monitoring Landscape Analysis
10 Latin America, Middle East & Africa Structural Health Monitoring Landscape Analysis
11 Major Players Profile
…

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Overall Regions Outlook
North America (U.S., Canada, Mexico)
Europe (Germany, France, Italy, Spain, U.K., Nordic Countries, Belgium, Russia, Rest of Europe)
Asia Pacific (China, India, Australia, Japan, South Korea, Australia and New Zealand, Rest of Asia Pacific)
Latin America, Middle East & Africa (Brazil, Nigeria, Argentina, South Africa, GCC Countries)
Others

Target Audience:
Structural Health Monitoring manufacturers
Distributors and resellers of Structural Health Monitoring
Structural Health Monitoring industry associations
Product managers, Structural Health Monitoring industry administrator, C-level executives of the industries
Market research and consulting firms
Small and Medium-sized Enterprises (SMEs)
Structural Health Monitoring potential investors
Structural Health Monitoring key stakeholders
Structural Health Monitoring end-user sectors
Research and Development (R&D) companies

What Information does this report contain?
The report covers the prediction and analysis of the global Structural Health Monitoring market at the global and regional levels.
The report includes drivers and constraints that affect market growth.
Discussed details about market opportunities
The assessments for the regional market layout characteristics in the world.
The report includes detailed company profiles for prominent market participants.

Available Customizations – Market Monitor offers customizations according to the company's specific needs.
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