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Client Consult Problem Statement:

MnM’s client who is one of the leading manufacturer of Structural Health Monitoring (SHM) sensors was interested in Structural Health Monitoring market for U.S. and Europe region. In order to cater applications segment, case studies of “Application Of Structural Health Monitoring On Bridges” were included in this consulting study. The key objective for the study involved :

  1. In-depth analysis of applications of SHM on infrastructures such as bridges and buildings.
  2. Detailed insights on supply chain, value chain, pricing analysis and competitor analysis
  3. Government policies and agencies impacting the SHM market for U.S. and European region

Solution Provided:

  1. Methodology Adopted by MnM : : MnM carried out a detailed search of the public domain and its own proprietary & non-proprietory database on target SHM market to orient the project, develop the industry structure including, manufacturers/suppliers, distributors, customers, associations, regulatory authorities and allied stakeholders. In order to trace the number of applications of SHM, bridges and buildings which are having SHM system were studied. Exhaustive interviews were conducted from sales, marketing, production, R&D, technical experts using a semi-structured Discussion Guide to understand and provide the in-depth analysis of the market. These interviews were used to draw out information such as major customers, end user industry demand, customers activity, trends, future growth, etc. Similarly among regulatory authorities, associations and others bodies, MnM also obtained detailed information on market sizes, usage trends, future growth prospective for target end user industries along with the major consumer details.
  2. Actual Solution Provided: - Through the detailed outcome of the study, we provided inputs on-
    • Market size of the SHM by infrastructure –bridges and buildings
    • Value chain analysis of the SHM industry with the contribution of each entities in value chain
    • Detailed case studies on applications
    • Developments trends in the SHM industry and the competitors analysis, benchmarking on the basis of technology, applications and various other parameters. Profiles of key industry players with SWOT analysis and recent development's

Value Delivered:

MnM’s client was able to understand the current scenario of the SHM market. Also, the government indicatives and regulations impacting SHM market were provided to give insights on actual market conditions.

The competitive benchmarking also helped to understand the client’s present situation in the market and further helps the client to built short and long term strategies to gain the market share

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