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Structural Health Monitoring Market by Technology (Wired and Wireless), Offering (Hardware (Sensors, Data Acquisition Systems) and Software & Services), Vertical (Civil Infrastructure, Energy), Application, and Geography - Global Forecast to 2023

Structural Health Monitoring Market by Technology (Wired and Wireless), Offering (Hardware (Sensors, Data Acquisition Systems) and Software & Services), Vertical (Civil Infrastructure, Energy), Application, and Geography - Global Forecast to 2023

“Structural health monitoring market expected to grow at a CAGR of 17.93% between 2018 and 2023”
The structural health monitoring market is estimated to grow from USD 1.48 billion in 2018 to USD 3.38 billion by 2023, at a CAGR of 17.93% between 2018 and 2023. Major factors driving the growth of the structural health monitoring market include the catastrophic failure of the infrastructure that results in loss of lives and incurs higher costs, stringent environmental regulations pertaining to the sustainability of structures, and aging infrastructure and the superior benefits of structural health monitoring. However, high installation and monitoring costs, inaccurate results due to errors in readings, slow growth of developing countries are the major restraining factors for the growth of the structural health monitoring market.

“Wired structural health monitoring technology expected to hold a larger market share by 2023”
Considering today’s scenario, wired structural health monitoring systems are widely adopted for monitoring different types of structures as they offer reliable connectivity, and there is no limitation on long-distance data transfer. Additionally, wired minoring systems are already being used for the overall assessment of numerous structures such as bridges, buildings, and dams in various countries.

“Structural health monitoring market in APAC expected to grow at the highest rate between 2018 and 2023”
This growth can be due to the rapid infrastructure building activities being undertaken in APAC, mainly in China, India, and Japan where structural health monitoring paves the way for the modernization of infrastructure. Further, investments from the government sector are also increasing to enhance the infrastructure facilities in the region.

In the process of determining and verifying the market size for several segments gathered through secondary research, extensive primary interviews have been conducted with key industry people. The breakup of the profile of primary participants has been given below:
By Company Type: Tier 1 = 20%, Tier 2 = 45%, and Tier 3 = 35%
By Designation: C-Level Executives = 35%, Directors = 25%, and Others=40%
By Region: Americas = 45%, Europe = 25%, APAC = 20%, and RoW = 10%

The report profiles the top players in the structural health monitoring market, along with providing their respective market ranking. Prominent players in the market include COWI (Denmark), Pure Technologies (Canada), Structural Monitoring Systems (Australia), Acellent (US), Geocomp (US), Campbell Scientific (US), Nova Metrix (US), Geokon (US), SIXENSE (France), Digitexx (US), Bridge Diagnostics (US), Sisgeo (Italy), RST Instruments (Canada), AVT Reliability (UK), and Geomotion Singapore (Singapore).

Research Coverage:
The structural health monitoring market based on technology has been segmented into wired and wireless.
The structural health monitoring market based on offering covers hardware, and software and services.
The structural health monitoring market based on vertical comprises civil infrastructure, aerospace & defense, energy, mining, and others (including industrial machinery, automotive, transportation, and marine structures).
The geographic analysis has been done with regard to the Americas, Europe, APAC, and RoW.

Reasons to Buy This Report:
From an insight perspective, this research report has focused on various levels of analysis—market ranking of top players, value chain analysis, company profiles that provide the overview on the competitive landscape, emerging and high-growth segments of the structural health monitoring market, high-growth regions, and market dynamics such as drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:
Market development: Comprehensive information about lucrative emerging markets and analysis of the structural health monitoring market across regions
Market diversification: Exhaustive information about new products, untapped geographic regions, and recent developments in the overall structural health monitoring market
Competitive assessment: In-depth assessment of ranking, strategies, products of the leading players in the structural health monitoring market


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • DEFINITION
    • MARKET SCOPE
    • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • DATA TRIANGULATION
    • ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE STRUCTURAL HEALTH MONITORING MARKET
    • STRUCTURAL HEALTH MONITORING MARKET, BY HARDWARE
    • STRUCTURAL HEALTH MONITORING MARKET IN APAC, BY VERTICAL AND COUNTRY
    • STRUCTURAL HEALTH MONITORING MARKET, BY GEOGRAPHY
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
        • Table ERRORS AND CORRECTIVE MEASURES IN STRUCTURAL HEALTH MONITORING
      • OPPORTUNITIES
      • CHALLENGES
  • INDUSTRY TRENDS
    • VALUE CHAIN ANALYSIS
      • INSTRUMENTATION AND HARDWARE MANUFACTURERS
      • SOFTWARE AND SERVICE PROVIDERS
      • END USERS
    • MARKET EVOLUTION
    • KEY TRENDS
  • STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY
    • INTRODUCTION
      • Table GLOBAL STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2015-2023 (USD MILLION)
    • WIRED STRUCTURAL HEALTH MONITORING
      • Table STRUCTURAL HEALTH MONITORING MARKET FOR WIRED TECHNOLOGY, BY REGION, 2015-2023 (USD MILLION)
    • WIRELESS STRUCTURAL HEALTH MONITORING
      • Table COMPARISON BETWEEN WIRED AND WIRELESS STRUCTURAL HEALTH MONITORING SYSTEMS
      • Table STRUCTURAL HEALTH MONITORING MARKET FOR WIRELESS TECHNOLOGY, BY REGION, 2015-2023 (USD MILLION)
  • STRUCTURAL HEALTH MONITORING MARKET, BY OFFERING
    • INTRODUCTION
      • Table STRUCTURAL HEALTH MONITORING MARKET, BY OFFERING, 2015-2023 (USD MILLION)
    • HARDWARE
      • Table STRUCTURAL HEALTH MONITORING MARKET, BY HARDWARE, 2015-2023 (USD MILLION)
      • Table STRUCTURAL HEALTH MONITORING MARKET FOR HARDWARE, BY REGION, 2015-2023 (USD MILLION)
      • SENSORS
        • Table STRUCTURAL HEALTH MONITORING MARKET FOR SENSORS, BY TYPE, 2015-2023 (USD MILLION)
        • Table STRUCTURAL HEALTH MONITORING MARKET FOR SENSORS, BY TYPE, 2015-2023 (THOUSAND UNITS)
        • Table STRUCTURAL HEALTH MONITORING MARKET FOR SENSORS, BY REGION, 2015-2023 (USD MILLION)
      • DATA ACQUISITION SYSTEMS (DAS) AND COMMUNICATION SYSTEMS
        • Table STRUCTURAL HEALTH MONITORING MARKET FOR DATA ACQUISITION AND COMMUNICATION SYSTEMS, BY REGION, 2015-2023 (USD MILLION)
      • OTHERS
        • Table STRUCTURAL HEALTH MONITORING MARKET FOR OTHER HARDWARE COMPONENTS, BY REGION, 2015-2023 (USD MILLION)
    • SOFTWARE & SERVICES
      • SOFTWARE
      • SERVICES
        • Table STRUCTURAL HEALTH MONITORING MARKET FOR SOFTWARE & SERVICES, BY REGION, 2015-2023 (USD MILLION)
  • STRUCTURAL HEALTH MONITORING MARKET, BY VERTICAL
    • INTRODUCTION
      • Table STRUCTURAL HEALTH MONITORING MARKET, BY VERTICAL, 2015-2023 (USD MILLION)
    • CIVIL INFRASTRUCTURE
      • DAMS
      • BRIDGES
      • STADIUMS
      • BUILDINGS
      • TUNNELS
      • OTHERS
        • Table STRUCTURAL HEALTH MONITORING MARKET FOR CIVIL INFRASTRUCTURE, BY REGION, 2015-2023 (USD MILLION)
    • AEROSPACE & DEFENCE
      • AEROSPACE
      • DEFENSE
        • Table STRUCTURAL HEALTH MONITORING MARKET FOR AEROSPACE & DEFENSE VERTICAL, BY REGION, 2015-2023 (USD MILLION)
    • ENERGY
      • Table STRUCTURAL HEALTH MONITORING MARKET FOR ENERGY VERTICAL, BY REGION, 2015-2023 (USD MILLION)
    • MINING
      • Table STRUCTURAL HEALTH MONITORING MARKET FOR MINING VERTICAL, BY REGION, 2015-2023 (USD MILLION)
    • OTHERS
      • Table STRUCTURAL HEALTH MONITORING MARKET FOR OTHER VERTICALS, BY REGION, 2015-2023 (USD MILLION)
  • IMPLEMENTATION METHODS FOR STRUCTURAL HEALTH MONITORING SYSTEMS
    • INTRODUCTION
    • NEW CONSTRUCTION
    • RETROFITTING
  • APPLICATIONS OF STRUCTURAL HEALTH MONITORING SYSTEMS
    • INTRODUCTION
    • STRUCTURAL HEALTH MONITORING AND NONDESTRUCTIVE TESTING
      • Table NONDESTRUCTIVE TESTING AND STRUCTURAL HEALTH MONITORING
    • DAMAGE DETECTION
    • CRACK DETECTION
    • IMPACT MONITORING
    • CORROSION MONITORING
    • STRAIN MONITORING
    • HOTSPOT MONITORING
    • STATE SENSING
    • MULTIMODAL SENSING
  • STRUCTURAL HEALTH MONITORING MARKET, BY REGION
    • INTRODUCTION
      • Table GLOBAL STRUCTURAL HEALTH MONITORING MARKET, BY REGION, 2015-2023 (USD MILLION)
    • AMERICAS
      • Table STRUCTURAL HEALTH MONITORING MARKET IN AMERICAS, BY TECHNOLOGY, 2015-2023 (USD MILLION)
      • Table STRUCTURAL HEALTH MONITORING MARKET IN AMERICAS, BY OFFERING, 2015-2023 (USD MILLION)
      • Table STRUCTURAL HEALTH MONITORING MARKET IN AMERICAS, BY HARDWARE, 2015-2023 (USD MILLION)
      • Table STRUCTURAL HEALTH MONITORING MARKET IN AMERICAS, BY VERTICAL, 2015-2023 (USD MILLION)
      • Table STRUCTURAL HEALTH MONITORING MARKET IN AMERICAS, BY REGION, 2015-2023 (USD MILLION)
      • NORTH AMERICA
        • Table STRUCTURAL HEALTH MONITORING MARKET IN NORTH AMERICA, BY HARDWARE, 2015-2023 (USD MILLION)
        • Table STRUCTURAL HEALTH MONITORING MARKET IN NORTH AMERICA, BY TECHNOLOGY, 2015-2023 (USD MILLION)
        • Table STRUCTURAL HEALTH MONITORING MARKET IN NORTH AMERICA, BY COUNTRY, 2015-2023 (USD MILLION)
        • Table STRUCTURAL HEALTH MONITORING MARKET IN US, BY TECHNOLOGY, 2015-2023 (USD MILLION)
      • REST OF NORTH AMERICA
      • SOUTH AMERICA
        • Table STRUCTURAL HEALTH MONITORING MARKET IN SOUTH AMERICA, BY HARDWARE, 2015-2023 (USD MILLION)
        • Table STRUCTURAL HEALTH MONITORING MARKET IN SOUTH AMERICA, BY TECHNOLOGY, 2015-2023 (USD MILLION)
        • Table STRUCTURAL HEALTH MONITORING MARKET IN SOUTH AMERICA, BY COUNTRY, 2015-2023 (USD MILLION)
        • Table STRUCTURAL HEALTH MONITORING MARKET IN BRAZIL, BY TECHNOLOGY, 2015-2023 (USD MILLION)
        • Table STRUCTURAL HEALTH MONITORING MARKET IN REST OF SOUTH AMERICA, BY TECHNOLOGY, 2015-2023 (USD MILLION)
        • Table MAJOR STRUCTURAL MONITORING PROJECTS IN AMERICAS
    • EUROPE
      • Table STRUCTURAL HEALTH MONITORING MARKET IN EUROPE, BY TECHNOLOGY, 2015-2023 (USD MILLION)
      • Table STRUCTURAL HEALTH MONITORING MARKET IN EUROPE, BY OFFERING, 2015-2023 (USD MILLION)
      • Table STRUCTURAL HEALTH MONITORING MARKET IN EUROPE, BY HARDWARE, 2015-2023 (USD MILLION)
      • Table STRUCTURAL HEALTH MONITORING MARKET IN EUROPE, BY VERTICAL, 2015-2023 (USD MILLION)
      • Table STRUCTURAL HEALTH MONITORING MARKET IN EUROPE, BY COUNTRY, 2015-2023 (USD MILLION)
      • UK
        • Table STRUCTURAL HEALTH MONITORING MARKET IN UK, BY TECHNOLOGY, 2015-2023 (USD MILLION)
      • GERMANY
        • Table STRUCTURAL HEALTH MONITORING MARKET IN GERMANY, BY TECHNOLOGY, 2015-2023 (USD MILLION)
      • FRANCE
        • Table STRUCTURAL HEALTH MONITORING MARKET IN FRANCE, BY TECHNOLOGY, 2015-2023 (USD MILLION)
      • REST OF EUROPE
        • Table STRUCTURAL HEALTH MONITORING MARKET IN REST OF EUROPE, BY TECHNOLOGY, 2015-2023 (USD MILLION)
        • Table MAJOR STRUCTURAL MONITORING PROJECTS IN EUROPE
    • APAC
      • Table STRUCTURAL HEALTH MONITORING MARKET IN APAC, BY TECHNOLOGY, 2015-2023 (USD MILLION)
      • Table STRUCTURAL HEALTH MONITORING MARKET APAC, BY OFFERING, 2015-2023 (USD MILLION)
      • Table STRUCTURAL HEALTH MONITORING MARKET IN APAC, BY HARDWARE, 2015-2023 (USD MILLION)
      • Table STRUCTURAL HEALTH MONITORING MARKET IN APAC, BY VERTICAL, 2015-2023 (USD MILLION)
      • Table STRUCTURAL HEALTH MONITORING MARKET IN APAC, BY COUNTRY, 2015-2023 (USD MILLION)
      • CHINA
        • Table STRUCTURAL HEALTH MONITORING MARKET IN CHINA, BY TECHNOLOGY, 2015-2023 (USD MILLION)
      • JAPAN
        • Table STRUCTURAL HEALTH MONITORING MARKET IN JAPAN, BY TECHNOLOGY, 2015-2023 (USD MILLION)
      • SOUTH KOREA
        • Table STRUCTURAL HEALTH MONITORING MARKET IN SOUTH KOREA, BY TECHNOLOGY, 2015-2023 (USD MILLION)
      • REST OF APAC
        • Table STRUCTURAL HEALTH MONITORING MARKET IN REST OF APAC, BY TECHNOLOGY, 2015-2023 (USD MILLION)
        • Table MAJOR STRUCTURAL MONITORING PROJECTS IN APAC
    • REST OF THE WORLD (ROW)
      • Table STRUCTURAL HEALTH MONITORING MARKET IN ROW, BY TECHNOLOGY, 2015-2023 (USD MILLION)
      • Table STRUCTURAL HEALTH MONITORING MARKET IN ROW, BY OFFERING, 2015-2023 (USD MILLION)
      • Table STRUCTURAL HEALTH MONITORING MARKET IN ROW, BY HARDWARE, 2015-2023 (USD MILLION)
      • Table STRUCTURAL HEALTH MONITORING MARKET IN ROW, BY VERTICAL, 2015-2023 (USD MILLION)
      • Table STRUCTURAL HEALTH MONITORING MARKET IN ROW, BY REGION, 2015-2023 (USD MILLION)
      • MIDDLE EAST
        • Table STRUCTURAL HEALTH MONITORING MARKET IN MIDDLE EAST, BY TECHNOLOGY, 2015-2023 (USD MILLION)
        • Table STRUCTURAL HEALTH MONITORING MARKET IN MIDDLE EAST, BY OFFERING, 2015-2023 (USD MILLION)
      • AFRICA
        • Table STRUCTURAL HEALTH MONITORING MARKET IN AFRICA, BY TECHNOLOGY, 2015-2023 (USD MILLION)
        • Table STRUCTURAL HEALTH MONITORING MARKET IN AFRICA, BY OFFERING, 2015-2023 (USD MILLION)
        • Table MAJOR STRUCTURAL MONITORING PROJECTS IN ROW
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • RANKING OF PLAYERS, 2017
      • Table RANKING ANALYSIS BASED ON HARDWARE OFFERINGS IN THE STRUCTURAL HEALTH MONITORING MARKET, 2017
      • Table RANKING ANALYSIS BASED ON SOFTWARE AND SERVICE OFFERINGS IN THE STRUCTURAL HEALTH MONITORING MARKET, 2017
    • COMPETITIVE SCENARIO
      • PARTNERSHIPS, AGREEMENTS, COLLABORATIONS, AND CONTRACTS
      • PRODUCT LAUNCHES/DEVELOPMENTS
      • MERGERS & ACQUISITIONS
  • COMPANY PROFILES
    • KEY PLAYERS
      • NOVA METRIX
      • GEOKON
      • CAMPBELL SCIENTIFIC
      • COWI
      • GEOCOMP
      • ACELLENT
      • SIXENSE
      • PURE TECHNOLOGIES
      • STRUCTURAL MONITORING SYSTEMS
      • DIGITEXX
    • OTHER IMPORTANT PLAYERS
      • FIRST SENSOR
      • BRIDGE DIAGNOSTICS
      • SISGEO
      • RST INSTRUMENTS
      • AVT RELIABILITY (AESSEAL)
      • GEOMOTION SINGAPORE
      • STRAINSTALL UK (JAMES FISHER & SONS PLC)
      • HOTTINGER BALDWIN MESSTECHNIK
      • KINEMETRICS
    • START-UP ECOSYSTEM
      • FEAC ENGINEERING
      • YAPIDESTEK ENGINEERING
      • SITES-AFLA
      • SENSURON
      • INFIBRA TECHNOLOGIES
      • SODIS LAB
      • SET POINT TECHNOLOGIES
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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