Global Structural Health Monitoring Market was valued at USD 1.8 billion in 2019 which is expected to reach USD 4.8 billion by 2030 at a CAGR 17.5%.
Structural health monitoring is an important tool in analysis, design, and maintenance of modern civil engineering systems and structures. This system is mainly aims to maintain the structure of the domain specified. Structural health monitoring technologies can be described as observing the damage caused and developing strategies to characterize the structures. This technology is mainly involved in improving the safety of the structures along with low maintenance cost.
Increase in focus on structural health monitoring, obsolete infrastructure in various regions including Europe and North America is the key driving factor which is expected to boost the global structural health monitoring market. Further, rise in investments in infrastructure and advances in wireless sensor network will have the positive impact on global structural health monitoring market growth during this forecast period. Moreover, increase in technological advancements and innovations will fuel the global structural health monitoring market growth.
Market Restraints
However, an inaccurate result due to errors is the restarting factor which is expected to hamper the global structural health monitoring market growth. Also, high implementation cost will affect the global structural health monitoring market growth.
Global Structural Health Monitoring Market is segmented into technology such as Wired Structural Health Monitoring, and Wireless Structural Health Monitoring, by component such as Hardware, Software, and Services. Further, Global Structural Health Monitoring Market is segmented into end user such as Mining, Energy, Defense, Aerospace, Civil, and Others.
Also, Global Structural Health Monitoring Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as Nova Metrix LLC , Geokon, COWI, Geocomp, Acellent, Pure Technologies, Kinemetrics Inc, Campbell Scientific , Sixense , and Others
By Technology Wired Structural Health Monitoring Wireless Structural Health Monitoring By Component Hardware Software Services By End User Mining Energy Defense Aerospace Civil Others
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Structural Health Monitoring Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Structural Health Monitoring Market, By Technology
5.1 Y-o-Y Growth Comparison, By Technology
5.2 Global Structural Health Monitoring Market Share Analysis, By Technology
5.3 Global Structural Health Monitoring Market Size and Forecast, By Technology
5.3.1 Wired Structural Health Monitoring
5.3.2Wireless Structural Health Monitoring
6 Global Structural Health Monitoring Market, By Component
6.1 Y-o-Y Growth Comparison, By Component
6.2 Global Structural Health Monitoring Market Share Analysis, By Component
6.3 Global Structural Health Monitoring Market Size and Forecast, By Component
6.3.1 Hardware
6.3.2 Software
6.3.3Services
7 Global Structural Health Monitoring Market, By End User
7.1 Y-o-Y Growth Comparison, By End User
7.2 Global Structural Health Monitoring Market Share Analysis, By End User
7.3 Global Structural Health Monitoring Market Size and Forecast, By End User
7.3.1 Mining
7.3.2 Energy
7.3.3 Defence
7.3.4 Aerospace
7.3.5Civil
7.3.6 Others
8Global Structural Health Monitoring Market, By Region
8.1 Global Structural Health Monitoring Market Share Analysis, By Region
8.2 Global Structural Health Monitoring Market Share Analysis, By Region
8.3 Global Structural Health Monitoring Market Size and Forecast, By Region
9 North America Structural Health Monitoring Market Analysis and Forecast (2017 – 2030)
9.1 Introduction
9.2 North America Structural Health Monitoring Market Share Analysis, By Technology
9.3 North America Structural Health Monitoring Market Size and Forecast, By Component
9.4 North America Structural Health Monitoring Market Size and Forecast, By End User
9.5 North America Structural Health Monitoring Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10Europe Structural Health Monitoring Market Analysis and Forecast (2017 – 2030)
10.1 Introduction
10.2 Europe Structural Health Monitoring Market Share Analysis, By Technology
10.3 Europe Structural Health Monitoring Market Size and Forecast, By Component
10.4 Europe Structural Health Monitoring Market Size and Forecast, By End User
10.5 Europe Structural Health Monitoring Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11Asia Pacific Structural Health Monitoring Market Analysis and Forecast (2017 – 2030)
11.1 Introduction
11.2 Asia Pacific Structural Health Monitoring Market Share Analysis, By Technology
11.3 Asia Pacific Structural Health Monitoring Market Size and Forecast, By Component
11.4 Asia Pacific Structural Health Monitoring Market Size and Forecast, By End User
11.5 Asia Pacific Structural Health Monitoring Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12Latin America Structural Health Monitoring Market Analysis and Forecast (2017 – 2030)
12.1 Introduction
12.2 Latin America Structural Health Monitoring Market Share Analysis, By Technology
12.3 Latin America Structural Health Monitoring Market Size and Forecast, By Component
12.4 Latin America Structural Health Monitoring Market Size and Forecast, By End User
12.5 Latin America Structural Health Monitoring Market Size and Forecast, Country
13Middle East Structural Health Monitoring Market Analysis and Forecast (2017 – 2030)
13.1 Introduction
13.2 Middle East Structural Health Monitoring Market Share Analysis, By Technology
13.3 Middle East Structural Health Monitoring Market Size and Forecast, By Component
13.4 Middle East Structural Health Monitoring Market Size and Forecast, By End User
13.5 Middle East Structural Health Monitoring Market Size and Forecast, By Country
14Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15Company Profiles
15.1 Nova Metrix LLC
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Geokon
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 COWI
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Geocomp
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Acellent
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Pure Technologies
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Hansford Sensors
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Kinemetrics Inc
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Campbell Scientific
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Sixense
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
15.11 Others
15.11.1 Overview
15.11.2 Offerings
15.11.3 Key Financials
15.11.4 Business Segment & Geographic Overview
15.11.5 Key Market Developments
15.11.6 Key Strategies
