Global Structural Health Monitoring Market - Market Size, Share & Industry Trends, Growth Analysis Report By Product Type, By Consumption and Forecast 2019 - 2025


DescriptionTable of ContentList of TablesList of Figures
Introduction

Structural Health Monitoring Market was valued at USD X.X Billion in 2018 and is projected to reach USD X.X billion by 2025, at a CAGR of X.X % from 2019-2025. Increasing government initiatives towards SHM system standardization and public safety are also boosting market growth. Stringent regulations pertaining to sustainability of structures and declining cost of sensors are projected to provide a fillip to the market.
Fundamental functions performed by SHM systems include testing and monitoring of performance and health of large machines, airframes, turbines, and structures such as buildings, bridges, dams, and stadiums. 

Geographical Overview

At a global level, North America region was holding the highest market share in 2018. Whereas, Asia Pacific region is considered as the fastest growing region with key players adopting expansion strategy in this region to gain maximum market share in the coming years. China and India are offering ample opportunities for the growth of Structural Health Monitoring Market with its high population base. Increasing infrastructural construction activities and growing stringency of government regulations in the region are likely to propel the market in the region. 
Segmental Overview
Structural Health Monitoring Market is segmented as per below specifications -  

By Product Type: 
• Hardware 
• Software & Services 

By Consumption: 
• Bridges & Dams
• Building & Stadiums
• Vessels & Platforms

 By Distribution Channel: 
• Wired
• Wireless


Competitor Analysis
Structural Health Monitoring Market has presence of some of the key major players across globe which includes
• National Instrument Corporation 
• Digitexx Data Systems, Inc. 
• Accelent Technologies, Inc. 
• Advitam, Inc. 
• Geokon ALS
• Geocomp Corporation 

These key players are concentrating its efforts on the continuous product improvement with innovative initiatives to have an edge over other competitors. Further, to garner maximum market share, companies are adopting merger/ acquisition/ partnership and maintaining strong distribution networks strategies.  

By Geographical Locations: 
• North America
o U.S.
o Canada
• Europe
o U.K.
o France
o Italy
o Germany
o Spain
o Russia & CIS
o Rest of Europe
• Asia-Pacific
o China 
o India
o Japan
o South Korea
o ASEAN
o Rest of Asia Pacific 
• Latin America
o Brazil
o Argentina
o Rest of LATAM
• Middle East & Africa
o UAE
o South Africa
o Rest of MEA

Highlights of the report
What is Structural Health Monitoring Market?
Who all are key market players in the industry?
How the Parent Industry is growing?
Where are the key opportunities for new market entrant?
A comprehensive analysis, which covers key growth factors across the value chain
Recent developments in market
Granular Market Segmentation 
Market size projection based on Historical & current market trends 
Market share analysis and key strategies adopted by leading Players
Production Cost & Sensitivity Analysis
Country Level Market Analysis of Top 16 countries
Data Driven Decision Recommendations