The study covers geographic analysis that includes regions like North America, Europe, Asia Pacific, Latin America, Rest of the World and important players/vendors such as Geokon, Campbell Scientific, Cowi, Geocomp, Acellent, Sixense etc The report will help you gain market insights, future trends and growth prospects for forecast period of 2018-2025. Request a sample report @ https://www.htfmarketreport.com/sample-report/1375488-global-structural-health-monitoring-market-size-study-by-technology
Summary Global Structural Health Monitoring Market to reach USD 5.5 billion by 2025.
Global Structural Health Monitoring Market valued approximately USD 1.21 billion in 2016 is anticipated to grow with a healthy growth rate of more than 18.35% over the forecast period 2017-2025. Worldwide infrastructural development, rising government regulations for structural safety, and availability of the inexpensive sensors that reduce the overall cost of structural health monitoring system are the major factors which are driving the growth in the Global Structural Health Monitoring Market. On the other hand, a lack of technical expertise and complications associated with the installation of structural health monitoring systems for large structures are the factors that hamper the growth of the market. Structural Health Monitoring (SHM) technology deals with the implementation of systems and techniques which includes inspection, monitoring, and other processes for damage detection of structures. Its main function is to diagnose the condition of the materials of different parts of structures like rails, buildings, bridges, dams, power plants and so on. Structural health monitoring systems reduce the repairs and maintenance cost during a structure’s life cycle. Structural health monitoring is used in numerous industries such as railways, civil engineering, energy, and utilities. This technology encompasses various types of devices including measuring amplifiers, actuators, sensors, analyzing tools, data acquisition system, and transmission software. Structural health monitoring helps to detect damage and improve the structure safety, which results in time and cost saving.
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The regional analysis of Global Structural Health Monitoring Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below: By Technology:
§ Wired Structural Health Monitoring § Wireless Structural Health Monitoring
By Offering:
§ Hardware § Software & Services
By Vertical: § Civil Infrastructure § Aerospace & Defence § Energy § Mining § Others By Implementation Methods:
§ New Construction § Retrofitting
By Application: § Structural Health Monitoring and Nondestructive Testing § Damage Detection § Crack Detection § Impact Monitoring § Corrosion Monitoring § Strain Monitoring § Hotspot Monitoring § State Sensing § Multimodal Sensing
By Regions:
§ North America o U.S. o Canada § Europe o UK o Germany § Asia Pacific o China o India o Japan § Latin America o Brazil o Mexico § Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016 Base year – 2017 Forecast period – 2018 to 2025
The industry is seeming to be fairly competitive. Some of the leading market players include Nova Metrix, Geokon, Campbell Scientific, Cowi, Geocomp, Acellent, Sixense, Pure Technologies, Structural Monitoring Systems, Digitexx, First Sensor, Bridge Diagnostics, Sisgeo, Rst Instruments, Avt Reliability (Aesseal), Geomotion Singapore, Strainstall UK (James Fisher & Sons PLC), Hottinger Baldwin Messtechnik, Kinemetrics and so on. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Target Audience of the Global Structural Health Monitoring Market in Market Study:
§ Key Consulting Companies & Advisors § Large, medium-sized, and small enterprises § Venture capitalists § Value-Added Resellers (VARs) § Third-party knowledge providers § Investment bankers
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TABLE OF CONTENTS Chapter 1. Global Structural Health Monitoring Market Definition and Scope 1.1. Research Objective 1.2. Market Definition 1.3. Scope of The Study 1.4. Years Considered for The Study 1.5. Currency Conversion Rates 1.6. Report Limitation Chapter 2. Research Methodology 2.1. Research Process 2.1.1. Data Mining 2.1.2. Analysis 2.1.3. Market Estimation 2.1.4. Validation 2.1.5. Publishing 2.2. Research Assumption Chapter 3. Executive Summary 3.1. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion) 3.2. Key Trends Chapter 4. Global Structural Health Monitoring Market Dynamics 4.1. Growth Prospects 4.1.1. Drivers 4.1.2. Restraints 4.1.3. Opportunities 4.2. Industry Analysis 4.2.1. Porter’s 5 Force Model 4.2.2. PEST Analysis 4.2.3. Value Chain Analysis 4.3. Analyst Recommendation & Conclusion Chapter 5. Global Structural Health Monitoring Market, By Technology 5.1. Market Snapshot 5.2. Market Performance – Potential Model 5.3. Global Structural Health Monitoring Market, Sub Segment Analysis 5.3.1. Wired Structural Health Monitoring 5.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion) 5.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion) 5.3.2. Wireless Structural Health Monitoring 5.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion) 5.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
Chapter 6. Global Structural Health Monitoring Market, By Offering 6.1. Market Snapshot 6.2. Market Performance – Potential Model 6.3. Global Structural Health Monitoring Market, Sub Segment Analysis 6.3.1. Hardware 6.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion) 6.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion) 6.3.1.3. Sub Segment breakdown estimates & forecasts, 2015-2025 (USD Million) 5.3.1.3.1 Sensors 5.3.1.3.2 Data Acquisition Systems (DAS) and Communication Systems 5.3.1.3.3 Others 6.3.2. Software & Services 6.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion) 6.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion) 6.3.2.3. Sub Segment breakdown estimates & forecasts, 2015-2025 (USD Million) 5.3.1.3.4 Software 5.3.1.3.5 Services
….Continued
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