Structural Health Monitoring (SHM) Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-615 | Report Format : | Status : Upcoming |

Abstract

Global Structural Health Monitoring (SHM) Market: Overview

Structural health monitoring is an essential tool for the engineers to access the safety of critical infrastructure. It includes many sensing technologies along with an integrated measurement controller to capture and analyze huge real-time data. These systems are used to monitor the performance of structures such as bridges and dams, large machinery, buildings and stadiums, vessels, airframes, equipment, wind turbines, and platforms.

Global Structural Health Monitoring (SHM) Market: Growth Factors

Growth of the structural health monitoring (SHM) market is mainly owing to the high availability of low-cost sensors. In addition, growing infrastructural development across the global may fuel the market in the coming years. Rising government initiatives in order to improve public safety and standardized structural health monitoring systems are anticipated to foster the market growth. Various market strategies to expand the footprint through acquisitions and higher investments for increasing production capacity are further expected to propel the global structural health monitoring market growth in the future. Rising adoption of distributed optic fiber and focus on low-cost energy harvesting monitoring systems is further contributing for the growth. Increasing demand for cost-effective constructions and maintenance propels the global structural health monitoring market growth. Growing concerns regarding natural calamities such as earthquake and others have led the government to implement certain regulations regarding structural health monitoring; this, in turn, enhances the global structural health monitoring market in a positive way. Conversely, the complexity associated with the implementation of the structural health monitoring solutions and lack of skilled professionals may hinder the global market growth.

Global Structural Health Monitoring (SHM) Market: Segmentation

The global structural health monitoring (SHM) market is categorized based on application, type, component, and geographical. The application segment is classified as buildings & stadiums, large machinery & equipment, bridges & dams, airframes & wind turbines, and vessels & platforms. Of these, bridges & dams segment is the leading segment in the global structural health monitoring market. However, buildings & stadiums segment contributed for the largest market share. The type segment is further segmented as wireless SHM system and wired SHM system. The wired segment is experiencing the higher growth amongst all. The component segment is segregated as software, services, and hardware. Of these, the hardware is the segment is the largest segment in the global market. Whereas, the software segment is growing at the considerable rate in the global structural health monitoring market. Furthermore, the global market is fragmented based on geographical regions as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Global Structural Health Monitoring (SHM) Market: Regional Analysis

Rapidly developing technologies in North America contributed for the market share. Asia Pacific is also growing significantly due to rapid growth in the construction sector, which may fuel the global structural health monitoring market growth in the near future. The introduction of government regulations to monitor new constructions in China is anticipated to boost the global market.

Global Structural Health Monitoring (SHM) Market: Competitive Players

Some of the key players dominating the global structural health monitoring (SHM) market are Strainstall UK Limited, Digitexx Data Systems, Inc., National Instruments Corporation, Geocomp Corporation, Hottinger Baldwin Messtechnik GmbH, Kinemetrics Inc., Nova Metrix LLC, Advitam Inc., COWI A/S, and Acellent Technologies, Inc.

Global Structural Health Monitoring (SHM) Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Performance Management Software Market By Deployment Mode (Cloud-Based and On-Premises), By Organization Size (Large Enterprises and Small and Medium-Sized Enterprises), and By Vertical (Media and Entertainment, BFSI, IT and Telecommunications, Healthcare, Manufacturing, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2026

Feb-2019 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3830 | Report Format:

The report covers a forecast and an analysis of the performance management software market on a global and regional level. The study provides historical data from 2015 to 2018 along with a forecast from 2019 to 2026 based on revenue (USD Million). The study includes drivers and restraints of the p...Read More

Enterprise Spam Filter Market by Deployment Mode (Cloud-Based and On-Premises), by Organizational Size (Small and Medium Enterprises and Large Enterprises), and by End-User (Information Technology and Telecommunication, Education, Government, BFSI, Healthcare, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018-2026

Feb-2019 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3826 | Report Format:

The report covers a forecast and an analysis of the enterprise spam filter market on a global and regional level. The study provides historical data for 2016, 2017, and 2018 along with a forecast from 2019 to 2026 based on revenue (USD Million). The study includes drivers and restraints of the ent...Read More

Computational Creativity Market by Deployment (On-Premises and Cloud-Based), by Operating System (Linux, macOS, and Microsoft Windows), and by Application (Marketing & Web Designing, Product Designing, Music Composition, Photography & Videography, and Automated Story Generation): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2026

Feb-2019 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3825 | Report Format:

The report covers a forecast and an analysis of the computational creativity market on a global and regional level. The study provides historical data for 2018 along with a forecast from 2019 to 2026 based on revenue (USD Million). The study includes drivers and restraints of the computational cre...Read More

Space Robotics Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3823 | Report Format:

Global Space Robotics Market: Overview Space roboticsis the development of general purpose machines that are capable of surviving (for a time, at least) the rigors of thespaceenvironment, and performing exploration, assembly, construction, maintenance, servicing or other tasks that may or may no...Read More

Childcare Management Software Market by Deployment (On-premise and Cloud-Based), by Solution(Family and Child Data Management, Time and Activity Management, Nutrition Management, Attendance Tracker, Employee Data Management, Payroll, Accounting, and Others), and by End-user(Parents, Daycare Centers, and Play Schools): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 - 2026

Feb-2019 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3797 | Report Format:

The report covers forecast and analysis for the Childcare Management Software market on a global and regional level. The study provides historical data for 2018 along with a forecast from 2019 to 2026 based on revenue (USD Million). The study includes drivers and restraints for the Childcare Manag...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.