Structural Health Monitoring Market

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

Report Code: SE 3865 Jul, 2018, by marketsandmarkets.com
Updated date -

The Structural Health Monitoring Market is expected to reach $3.4 billion USD by 2023 from $1.5 billion USD in 2018, at a CAGR of 17.9% between 2018 and 2023.

 Structural Health Monitoring (SHM) Market

Selected Market Dynamics in Structural Health Monitoring Market

Decreasing cost of sensors results in reducing the structural health monitoring system cost

Sensors are the major components of a structural health monitoring system since they measure parameters such as pressure, strain, force, vibration, and temperature, which are crucial in determining the condition of any structure. Structural health monitoring systems are becoming smarter and advanced with modern sensing technologies. Structural health monitoring system includes a large number of sensors; for instance, a long span suspension bridge in Asia employs a sensor network that includes Sherborne Sensors’ precision servo inclinometers and accelerometers. It enables the identification of structural problems at an early stage, prolonging the life of the structure, identifying areas of concern, and improving public safety.

The cost of the sensors is also decreasing. The mass production of MEMS and fiber-optic sensors for a variety of applications has reduced their cost by tens of dollars, and with their increasing popularity, costs may be reduced to a significant level. This decreasing cost of sensors results in reducing the cost of a structural health monitoring system.

Slow growth in developing countries

Developing and underdeveloped countries have a lower standard of living and an underdeveloped industrial base. Presently, structural health monitoring is majorly adopted in developed countries such as the US, the UK, Australia, Germany, France, South Korea, and Japan wherein infrastructural facilities are highly efficient. In contrast, developing countries such as Malaysia, Indonesia, the Philippines, and Eastern European countries are also implementing structural health monitoring techniques; however, slow growth in infrastructure is a major hindrance, mainly due to space and cost constraints.

The Government of India declared spending of USD 27.68 billion for the financial year 2013–2014 for infrastructural development, while the Government of UK declared infrastructural spending of USD 498.50 billion in 2013. Sudden failure in structures such as bridges, dams, and buildings is a recurring problem worldwide.

The adoption rate of structural health monitoring solutions is likely to increase when the governments all over the world start focusing on infrastructural development. The impact of this restraint is high at present; however, in the future, the impact is expected to reduce as many countries have significant plans for improving their infrastructure.

Hardware will the larger segment of the structural health monitoring market during the forecast period

In terms of offerings, the hardware segment is expected to hold a larger market share by 2023 owing to the fact that hardware components are the integral elements of the structural health monitoring system, which measure physical properties of any structure under observation. On the basis of received data from various hardware instruments, decisions are made regarding the corrective actions pertaining to the structure.

Civil infrastructure will be the largest vertical for structural health monitoring market

In the vertical segment, civil infrastructure is expected to hold the largest market share during the forecast period. Civil infrastructure facilities include numerous critical structures such as bridges, dams, tunnels, highways, and buildings. At present, major countries in different regions such as US, UK, Germany, and Japan are heavily investing in building infrastructural facilities, thereby ultimately growing the economy of the country. Thus, the growing civil infrastructure would increase the demand for structural health monitoring systems to maintain and monitor the health of each civil infrastructure.

Structural Health Monitoring (SHM) Market

The demand from Americas will drive the structural health monitoring market during the forecast period

The growth of the structural health monitoring market in the Americas is likely to be propelled by the driving factors such as the aging infrastructure, support from various governments in the region, and need for effective solutions for the maintenance of infrastructure facilities. Furthermore, according to the Federal Highway Administration (FHWA) in the US, more than 30% of the structures, such as bridges and tunnels, have exceeded their 50 years of design life.

So, to enhance the public safety and improve the structural lifespan, the implementation of the structural health monitoring system is a must. Such factors would further contribute to the growth of the market in the Americas. However, high installation and monitoring costs, inaccurate results due to errors in readings, and slow growth in developing countries are a few major restraining factors for the growth of the structural health monitoring market.

Scope of the Report:

Report Metric

Details

Report Name

Structural Health Monitoring Market | SHM Market

Base year

2017

Forecast period

2018–2023

Forecast units

Value in terms of USD million and billion

Segments covered

Technology, Offering, Vertical & region

Geographic regions covered

North America, APAC, Europe, and RoW

Companies covered

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).

Key Questions Answered by the Report

  • Most of the suppliers have opted product launch and development and acquisition as the key strategies as could be seen from the recent developments. Where will it take the industry in the mid-to-long term?
  • Which are the key players in the market, and how intense is the competition?

In this report, the structural health monitoring market has been segmented on the basis of technology, offering, and geographic region. To provide a holistic picture, current market demands and forecasts have been included in the report. The research report segments the structural health monitoring market as follows:

By Technology:

  • Wired
  • Wireless

By Offering:

  • Hardware
    • Sensors
    • Data Acquisition Systems
    • Others (Cabling, Terminal Blocks and Connectors, Enclosures, and Cabinets)
  • Software & Services
    • Software
    • Services
      • Pre-installation
      • Post-installation

By Vertical:

  • Civil Infrastructure
  • Aerospace & Defense
  • Energy
  • Mining
  • Others (Industrial Machinery, Automotive, Transportation, and Marine Structures)

By Region:

  • Americas
  • Asia Pacific (APAC)
  • Europe 
  • Rest of the World (RoW)

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

  • Company information: Detailed analysis and profiling of additional 5 market players

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 17)
    1.1 Objectives of the Study
    1.2 Definition
    1.3 Market Scope
    1.4 Years Considered for the Study
    1.5 Currency
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 21)

    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data for Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Data Triangulation
    2.4 Assumptions

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 33)

    4.1 Attractive Opportunities in the Market
    4.2 Market, By Hardware
    4.3 Market in APAC, By Vertical and Country
    4.4 Market, By Geography

5 Structural Health Monitoring Market Overview (Page No. - 36)

    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Catastrophic Failure of the Infrastructure Results in Loss of Lives and Incurs High Costs
                    5.2.1.2 High Capital Investments for Structural Health Monitoring Across Various Countries Worldwide
                    5.2.1.3 Stringent Government Regulations Pertaining to Sustainability of Structures
                    5.2.1.4 Aging Infrastructure and Superior Benefits of Structural Health Monitoring
                    5.2.1.5 Decreasing Cost of Sensors Results in Reducing the Structural Health Monitoring System Cost
           5.2.2 Restraints
                    5.2.2.1 High Installation and Monitoring Costs
                    5.2.2.2 Inaccurate Results Due to Errors in Readings
                    5.2.2.3 Slow Growth in Developing Countries
           5.2.3 Opportunities
                    5.2.3.1 Regional Opportunities in APAC and GCC Countries
                    5.2.3.2 Public–Private Partnerships (P3S Or PPPS) for Infrastructural Growth
                    5.2.3.3 Use of Advanced Sensor Technologies
                    5.2.3.4 Integration Technology
           5.2.4 Challenges
                    5.2.4.1 Requirement of Skilled Labors/Operators for Installation and Calibration of Structural Health Monitoring Instruments
                    5.2.4.2 Technical Challenges and Operational Factors
                    5.2.4.3 Need for Large Amounts of Data Processing and Management

6 Industry Trends (Page No. - 47)

    6.1 Value Chain Analysis
           6.1.1 Instrumentation and Hardware Manufacturers
                    6.1.1.1 Research and Development
                    6.1.1.2 Raw Material/Component Supply
                    6.1.1.3 Manufacturing and Assembly
                    6.1.1.4 Product Distribution
                    6.1.1.5 Post-Sales Services
           6.1.2 Software and Service Providers
           6.1.3 End Users
    6.2 Market Evolution
    6.3 Key Trends

7 Structural Health Monitoring Market, By Technology (Page No. - 51)
    7.1 Introduction
    7.2 Wired Structural Health Monitoring
    7.3 Wireless Structural Health Monitoring

8 Structural Health Monitoring Market, By Offering (Page No. - 57)
    8.1 Introduction
    8.2 Hardware
           8.2.1 Sensors
                    8.2.1.1 Accelerometers
                    8.2.1.2 Displacement Sensors
                    8.2.1.3 Inclinometers and Tiltmeters
                    8.2.1.4 Strain Gauges
                    8.2.1.5 Corrosion Sensors
                    8.2.1.6 Temperature Sensors
                    8.2.1.7 Others (Acoustic Sensors, Ultrasonic Sensors, and So On)
           8.2.2 Data Acquisition Systems (DAS) and Communication Systems
           8.2.3 Others
    8.3 Software & Services
           8.3.1 Software
           8.3.2 Services
                    8.3.2.1 Pre-Installation
                    8.3.2.2 Post-Installation

9 Structural Health Monitoring Market, By Vertical (Page No. - 70)
    9.1 Introduction
    9.2 Civil Infrastructure
           9.2.1 Dams
           9.2.2 Bridges
           9.2.3 Stadiums
           9.2.4 Buildings
           9.2.5 Tunnels
           9.2.6 Others
    9.3 Aerospace & Defence
           9.3.1 Aerospace
           9.3.2 Defense
    9.4 Energy
    9.5 Mining
    9.6 Others

10 Implementation Methods for Structural Health Monitoring Systems (Page No. - 83)
     10.1 Introduction
     10.2 New Construction
     10.3 Retrofitting

11 Applications of Structural Health Monitoring Systems (Page No. - 86)
     11.1 Introduction
     11.2 Structural Health Monitoring and Nondestructive Testing
     11.3 Damage Detection
     11.4 Crack Detection
     11.5 Impact Monitoring
     11.6 Corrosion Monitoring
     11.7 Strain Monitoring
     11.8 Hotspot Monitoring
     11.9 State Sensing
     11.10 Multimodal Sensing

12 Structural Health Monitoring Market, By Region (Page No. - 91)
     12.1 Introduction
     12.2 Americas
             12.2.1 North America
                        12.2.1.1 US
             12.2.2 Rest of North America
                        12.2.2.1 Canada
                        12.2.2.2 Mexico
             12.2.3 South America
                        12.2.3.1 Brazil
                        12.2.3.2 Rest of South America
     12.3 Europe
             12.3.1 UK
             12.3.2 Germany
             12.3.3 France
             12.3.4 Rest of Europe
     12.4 APAC
             12.4.1 China
             12.4.2 Japan
             12.4.3 South Korea
             12.4.4 Rest of APAC
     12.5 Rest of the World (RoW)
             12.5.1 Middle East
             12.5.2 Africa

13 Competitive Landscape (Page No. - 124)
     13.1 Overview
     13.2 Ranking of Players, 2017
     13.3 Competitive Scenario
             13.3.1 Partnerships, Agreements, Collaborations, and Contracts
             13.3.2 Product Launches/Developments
             13.3.3 Mergers & Acquisitions

14 Company Profiles (Page No. - 131)
(Business Overview, Products & Solutions Offered, Brand-Wise Product Offerings, Recent Developments, SWOT Analysis and MnM View)*
     14.1 Key Players
             14.1.1 Nova Metrix
             14.1.2 Geokon
             14.1.3 Campbell Scientific
             14.1.4 Cowi
             14.1.5 Geocomp
             14.1.6 Acellent
             14.1.7 Sixense
             14.1.8 Pure Technologies
             14.1.9 Structural Monitoring Systems
             14.1.10 Digitexx
     14.2 Other Important Players
             14.2.1 First Sensor
             14.2.2 Bridge Diagnostics
             14.2.3 Sisgeo
             14.2.4 Rst Instruments
             14.2.5 Avt Reliability (Aesseal)
             14.2.6 Geomotion Singapore
             14.2.7 Strainstall UK (James Fisher & Sons PLC)
             14.2.8 Hottinger Baldwin Messtechnik
             14.2.9 Kinemetrics
     14.3 Start-Up Ecosystem
             14.3.1 Feac Engineering
             14.3.2 Yapidestek Engineering
             14.3.3 Sites-Afla
             14.3.4 Sensuron
             14.3.5 Infibra Technologies
             14.3.6 Sodis Lab
             14.3.7 Set Point Technologies

*Details on Business Overview, Products & Solutions Offered, Brand-Wise Product Offerings, Recent Developments, SWOT Analysis and MnM View Might Not Be Captured in Case of Unlisted Companies.

15 Appendix (Page No. - 162)
     15.1 Insights of Industry Experts
     15.2 Discussion Guide
     15.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     15.4 Introducing RT: Real-Time Market Intelligence
     15.5 Available Customizations
     15.6 Related Reports
     15.7 Author Details


List of Tables (69 Tables)

Table 1 Errors and Corrective Measures in Structural Health Monitoring
Table 2 Global Structural Health Monitoring Systems Market, By Technology, 2015–2023 (USD Million)
Table 3 Market for Wired Technology, By Region, 2015–2023 (USD Million)
Table 4 Comparison Between Wired and Wireless Structural Health Monitoring Systems
Table 5 Structural Health Monitoring Market for Wireless Technology, By Region, 2015–2023 (USD Million)
Table 6 Market, By Offering, 2015–2023 (USD Million)
Table 7 Market, By Hardware, 2015–2023 (USD Million)
Table 8 Market for Hardware, By Region, 2015–2023 (USD Million)
Table 9 Market for Sensors, By Type, 2015–2023 (USD Million)
Table 10 Market for Sensors, By Type, 2015–2023 (Thousand Units)
Table 11 Market for Sensors, By Region, 2015–2023 (USD Million)
Table 12 Market for Data Acquisition and Communication Systems, By Region, 2015–2023 (USD Million)
Table 13 Market for Other Hardware Components, By Region, 2015–2023 (USD Million)
Table 14 Market for Software & Services, By Region, 2015–2023 (USD Million)
Table 15 Structural Health Monitoring Market, By Vertical, 2015–2023 (USD Million)
Table 16 Market for Civil Infrastructure, By Region, 2015–2023 (USD Million)
Table 17 Market for Aerospace & Defense Vertical, By Region, 2015–2023 (USD Million)
Table 18 Market for Energy Vertical, By Region, 2015–2023 (USD Million)
Table 19 Market for Mining Vertical, By Region, 2015–2023 (USD Million)
Table 20 Market for Other Verticals, By Region, 2015–2023 (USD Million)
Table 21 Nondestructive Testing and Structural Health Monitoring
Table 22 Global Market, By Region, 2015–2023 (USD Million)
Table 23 Market in Americas, By Technology, 2015–2023 (USD Million)
Table 24 Market in Americas, By Offering, 2015–2023 (USD Million)
Table 25 Market in Americas, By Hardware, 2015–2023 (USD Million)
Table 26  Market in Americas, By Vertical, 2015–2023 (USD Million)
Table 27 Market in Americas, By Region, 2015–2023 (USD Million)
Table 28 Market in North America, By Hardware, 2015–2023 (USD Million)
Table 29 Market in North America, By Technology, 2015–2023 (USD Million)
Table 30 Market in North America, By Country, 2015–2023 (USD Million)
Table 31 Market in US, By Technology, 2015–2023 (USD Million)
Table 32 Market in South America, By Hardware, 2015–2023 (USD Million)
Table 33 Market in South America, By Technology, 2015–2023 (USD Million)
Table 34 Market in South America, By Country, 2015–2023 (USD Million)
Table 35 Market in Brazil, By Technology, 2015–2023 (USD Million)
Table 36 Market in Rest of South America, By Technology, 2015–2023 (USD Million)
Table 37 Major Structural Monitoring Projects in Americas
Table 38 Market in Europe, By Technology, 2015–2023 (USD Million)
Table 39 Market in Europe, By Offering, 2015–2023 (USD Million)
Table 40 Market in Europe, By Hardware, 2015–2023 (USD Million)
Table 41 Market in Europe, By Vertical, 2015–2023 (USD Million)
Table 42 Market in Europe, By Country, 2015–2023 (USD Million)
Table 43 Market in UK, By Technology, 2015–2023 (USD Million)
Table 44 Market in Germany, By Technology, 2015–2023 (USD Million)
Table 45 Market in France, By Technology, 2015–2023 (USD Million)
Table 46 Market in Rest of Europe, By Technology, 2015–2023 (USD Million)
Table 47 Major Structural Monitoring Projects in Europe
Table 48 Market in APAC, By Technology, 2015–2023 (USD Million)
Table 49 Market APAC, By Offering, 2015–2023 (USD Million)
Table 50  Market in APAC, By Hardware, 2015–2023 (USD Million)
Table 51 Market in APAC, By Vertical, 2015–2023 (USD Million)
Table 52 Market in APAC, By Country, 2015–2023 (USD Million)
Table 53 Market in China, By Technology, 2015–2023 (USD Million)
Table 54 Market in Japan, By Technology, 2015–2023 (USD Million)
Table 55 Market in South Korea, By Technology, 2015–2023 (USD Million)
Table 56 Market in Rest of APAC, By Technology, 2015–2023 (USD Million)
Table 57 Major Structural Monitoring Projects in APAC
Table 58 Market in RoW, By Technology, 2015–2023 (USD Million)
Table 59 Market in RoW, By Offering, 2015–2023 (USD Million)
Table 60 Market in RoW, By Hardware, 2015–2023 (USD Million)
Table 61 Market in RoW, By Vertical, 2015–2023 (USD Million)
Table 62 Market in RoW, By Region, 2015–2023 (USD Million)
Table 63 Market in Middle East, By Technology, 2015–2023 (USD Million)
Table 64 Market in Middle East, By Offering, 2015–2023 (USD Million)
Table 65 Market in Africa, By Technology, 2015–2023 (USD Million)
Table 66 Market in Africa, By Offering, 2015–2023 (USD Million)
Table 67 Major Structural Monitoring Projects in RoW
Table 68 Ranking Analysis Based on Hardware Offerings in the Market, 2017
Table 69 Ranking Analysis Based on Software and Service Offerings in the Market, 2017


List of Figures (47 Figures)

Figure 1 Market Segmentation: Structural Health Monitoring Market
Figure 2 Geographic Scope
Figure 3 Research Design
Figure 4 Data Triangulation
Figure 5 Structural Health Monitoring Market, By Technology, 2017–2023 (USD Million)
Figure 6 Market Share, By Offering, 2017 vs 2023
Figure 7 Aerospace & Defense Vertical to Exhibit the Highest CAGR in the Market During the Forecast Period
Figure 8 Market in APAC Expected to Register the Highest CAGR Between 2018 and 2023
Figure 9 Catastrophic Failure of the Infrastructure Results in Loss of Lives and Incurs Higher Costs Propels the Market Growth Between 2018 and 2023
Figure 10 Sensors Expected to Hold the Largest Share of the Overall Market for Hardware By 2023
Figure 11 Civil Infrastructure Held the Largest Share of the Market in APAC in 2017
Figure 12 US Held the Largest Market Share of the Global Market in 2017
Figure 13 Catastrophic Failure of the Infrastructure Results in Loss of Lives and Incurs High Costs
Figure 14 Concept of Structural Health Monitoring System
Figure 15 Actual Spending on Maintenance of Bridges vs Need for Capital Investment Till 2028 in the Us
Figure 16 Advantages of Structural Health Monitoring
Figure 17 Responsibilities/Costs Involved in Structural Health Monitoring
Figure 18 Value Chain of Structural Health Monitoring Ecosystem
Figure 19 Market Evolution
Figure 20 Structural Health Monitoring Market, By Technology
Figure 21 Market for Wireless Structural Health Monitoring Systems Expected to Grow at A Higher Rate Between 2018 and 2023
Figure 22 Market for Wireless Structural Health Monitoring Systems in APAC Estimated to Grow at the Highest CAGR Between 2018 and 2023
Figure 23 Market, By Offering
Figure 24 Market for Software & Services Estimated to Grow at A Higher Rate Between 2018 and 2023
Figure 25 Market, By Hardware
Figure 26 APAC to Exhibit the Highest CAGR in the Market for Sensors During the Forecast Period
Figure 27 APAC to Exhibit the Highest Growth in the Market for Software & Services During the Forecast Period
Figure 28 Market, By Vertical
Figure 29 Civil Infrastructure Estimated to Hold the Largest Size of the Market During 2018–2023
Figure 30 Market, By Civil Infrastructure
Figure 31 Americas to Hold the Largest Market Size in the Market for Aerospace & Defense Vertical During 2018–2023
Figure 32 Market in APAC for Energy Vertical Estimated to Grow at the Highest CAGR During 2018–2023
Figure 33 Implementation Methods for Structural Health Monitoring Systems
Figure 34 Applications of Structural Health Monitoring Systems
Figure 35 User Survey on Viability of Structural Health Monitoring Compared to Nondestructive Testing (NDT)
Figure 36 Market in China Expected to Grow at the Highest CAGR During the Forecast Period
Figure 37 Market in APAC Estimated to Grow at the Highest CAGR Between 2018 and 2023
Figure 38 Geographical Snapshot: Americas
Figure 39 Geographical Snapshot: Europe
Figure 40 Geographical Snapshot: APAC
Figure 41 Geographical Snapshot: RoW
Figure 42 Key Developments in the Market for Hardware Offerings
Figure 43 Key Developments in the Market for Software and Service Offerings
Figure 44 Product Launches/Developments, Partnerships, and Contracts Were the Key Strategies Adopted By Market Players Between 2015 and 2017
Figure 45 Cowi: Company Snapshot
Figure 46 Pure Technologies: Company Snapshot
Figure 47 Structural Health Monitoring Market: Company Snapshot

    This research study involves the extensive use of secondary sources, directories, and databases (such as Hoovers, Bloomberg Business, Factiva, and OneSource) to identify and collect information useful for this technical, market-oriented, and commercial study. In-depth interviews have been conducted with various primary respondents including key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants, to obtain and verify critical qualitative and quantitative information and assess prospects.

    Secondary Research

    The secondary sources referred to for this research study include government sources, publications, magazines, journals, corporate filings (such as annual reports, investor presentations, and financial statements), and trade, business, and professional associations, among others. The secondary data has been collected and analyzed to arrive at the overall market size, which has been further validated through the primary research.

    Primary Research

    Extensive primary research has been conducted after acquiring knowledge about the structural health monitoring market scenario through secondary research. Several primary interviews have been conducted with experts from both demand side (various end-user verticals) and supply side (structural health monitoring system manufacturers, connectivity and service providers) across 4 major geographic regions, namely, the Americas, Europe, APAC, and RoW. Approximately 60% and 40% primary interviews have been conducted from demand and supply sides, respectively. This primary data has been collected through questionnaires, emails, and telephonic interviews.

    Structural Health Monitoring (SHM) Market

    To know about the assumptions considered for the study, download the pdf brochure

    Market Size Estimation

    Both top-down and bottom-up approaches have been used to estimate and validate the size of the global market and other dependent submarkets in the overall structural health monitoring market. The key players in the market have been identified through secondary research, and their market positioning in the respective regions have been determined through primary and secondary research. This entire procedure included the study of annual and financial reports of top players and extensive interviews with industry leaders such as CEOs, VPs, directors, and marketing executives for key insights. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. Moreover, all possible parameters that can affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. This data has been consolidated and supplemented with detailed inputs and analysis from MarketsandMarkets.

    Data Triangulation

    After arriving at the overall market size from the market size estimation process explained above, the total market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, the market breakdown and data triangulation procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both demand and supply sides. Along with this, the market has been validated using both top-down and bottom-up approaches.

    The objectives of the study are as follows:

    • To describe and forecast the structural health monitoring market, in terms of technology, offering and vertical
    • To describe and forecast the structural health monitoring market, in terms of value, by region—Americas, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
    • To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
    • To strategically analyze micromarkets with regards to individual growth trends, prospects, and contributions to the total market
    • To study the complete value chain of structural health monitoring
    • To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing competitive landscape for market leaders
    • To analyze strategic approaches such as product launches, acquisitions, contracts, agreements, and partnerships in the structural health monitoring market.
    Report Code
    SE 3865
    Published ON
    Jul, 2018
    Choose License Type
    BUY NOW
    • SHARE
    X
    Request Customization
    Speak to Analyst
    Speak to Analyst
    OR FACE-TO-FACE MEETING
    PERSONALIZE THIS RESEARCH
    • Triangulate with your Own Data
    • Get Data as per your Format and Definition
    • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
    • Any level of Personalization
    REQUEST A FREE CUSTOMIZATION
    LET US HELP YOU!
    • What are the Known and Unknown Adjacencies Impacting the Structural Health Monitoring Market
    • What will your New Revenue Sources be?
    • Who will be your Top Customer; what will make them switch?
    • Defend your Market Share or Win Competitors
    • Get a Scorecard for Target Partners
    CUSTOMIZED WORKSHOP REQUEST
    ADJACENT MARKETS
    REQUEST BUNDLE REPORTS
    ONLINE CHAT
    +1-888-600-6441
    • Call Us
    • +1-888-600-6441 (Corporate office hours)
    • +1-888-600-6441 (US/Can toll free)
    • +44-800-368-9399 (UK office hours)
    CONNECT WITH US
    ABOUT TRUST ONLINE
    © MarketsandMarkets Research Private Ltd. All rights reserved
    ...

    Digital Virtual Assistant - MarketsandMarkets

    Home