New York, Global Structural Health Monitoring Market Report by Global Insight Services is the single and trusted source of information for the Structural Health Monitoring Market. This report provides an analysis of the market impact of the latest market disruptions such as the Russian-Ukraine War and Covid-19. The report provides a qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. The report includes in-depth segmentation and market size data by category, product type, application, and region. The report also includes a comprehensive analysis of recent events such as key issues, trends and drivers, restraints and challenges, competitive landscape, and M&A activity in the market.
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Structural Health Monitoring (SHM) is a technology used to detect, diagnose, and predict the performance of structures or components. It is typically used to assess the safety and performance of critical infrastructures, such as bridges, buildings, and pipelines. SHM systems typically use sensors to measure various aspects of a structure’s performance, such as strain, stress, temperature, and vibration. The data collected by the sensors is then analyzed to identify potential problems, such as cracks, corrosion, or other damage. SHM can be used to monitor the performance of a structure in real-time or over time, allowing for the early detection of problems and the prevention of catastrophic failures.
Key Players
The global structural health monitoring market includes players such as Geokon, Nova Metrix LLC, Campbell Scientific, Geocomp, Sixense, Pure Technologies, Digitexx, Structural Monitoring Systems, SGS, Acellent Technologies, and others.
Key Trends
There are a number of key trends in Structural Health Monitoring technology. One of the most important is the trend toward using more sophisticated sensors.
Another key trend is the use of data analytics to improve the accuracy of predictions. By analyzing large data sets, it is possible to identify patterns that may not be obvious when considering individual data points.
Finally, there is a trend towards using more distributed systems. This means that data is collected from a large number of sensors, which are spread out over a wide area.
Key Drivers
There are several key drivers of the structural health monitoring market.
First, there is an increasing awareness of the importance of monitoring the condition of critical infrastructures, such as bridges and buildings.
Second, there is a growing need for real-time monitoring of infrastructure to enable early detection of problems and to allow for preventive maintenance.
Third, there is an increasing demand for remote monitoring of infrastructure, driven by the need to reduce costs and improve efficiency.
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Market Segments
By Offering
- Hardware
- Software
By Technology
- Wired
- Wireless
By End-Use
- Energy
- Mining
- Others
By Region
- North America
- US
- Canada
- Mexico
- Europe
- UK
- France
- Germany
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
- Rest of the World
- Latin America
- Middle East
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