Global Structural Health Monitoring Market Size, Trends & Growth Opportunity By Product (Wired Structural Health Monitoring, and Wireless Structural Health Monitoring), By Distribution Channel (Mining, Energy, Defense, Aerospace, Civil), By Region and Forecast till 2027
Report ID : IR100495 | Industries : Healthcare | Published On :May 2024 | Page Count : 241
Global Structural Health Monitoring Market Size, Trends & Growth Opportunity By Product (Wired Structural Health Monitoring, and Wireless Structural Health Monitoring), By Distribution Channel (Mining, Energy, Defense, Aerospace, Civil), By Region and Forecast till 2027
Market Overview
Global Structural Health Monitoring Market was valued at USD 2.8 billion in 2021 which is expected to reach USD 5.8 billion by 2027 at a CAGR 17.5% from 2022-2027.
The monitoring of structural health is a crucial instrument in the study, design, and maintenance of modern civil engineering systems and structures. This system's primary goal is to preserve the structure of the defined domain. The purpose of structural health monitoring systems is to observe the damage produced and devise techniques to characterize the structures. This technique is primarily concerned with enhancing structural safety while also lowering maintenance costs.
Market Drivers
the increased focus on structural health monitoring, as well as antiquated infrastructure in various countries such as Europe and North America, is likely to drive the worldwide structural health monitoring market. Furthermore, increased infrastructure investments and advancements in wireless sensor networks would boost global structural health monitoring market growth during the forecast period. Furthermore, technical improvements and innovations will drive the expansion of the worldwide structural health monitoring market.
Market Restraints
However, an inaccurate result due to inaccuracies is projected to stymie the worldwide structural health monitoring market's growth. Furthermore, the high implementation costs would have an impact on the worldwide structural health monitoring market growth.
Market Segmentation
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.
Market Key Players
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
Market Taxonomy
By Technology
• Wired Structural Health Monitoring
• Wireless Structural Health Monitoring
By Component
• Hardware
• Software
• Services
By End User
• Mining
• Energy
• Defense
• Aerospace
• Civil
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Structural Health Monitoring Market TOC
1 Introduction
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 (2022 – 2027)
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 (2022 – 2027)
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 (2022 – 2027)
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 (2022 – 2027)
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 (2022 – 2027)
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