Structural Health Monitoring Market by Offering (Hardware, Software & Services), Technology (Wired, Wireless), End Use (Civil Infrastructure, Aerospace & Defense, Energy, Mining) and Geography, 2027
Updated on : April 04, 2023
The structural health monitoring market size is projected to grow from USD 2.0 billion in 2022 to reach USD 4 billion by 2027, at a CAGR of 14.6% during the forecast period. The major factors contributing to the market growth are increased importance of automated maintenance and repair of critical infrastructures, cascading effects of structural failures such as loss of lives and capital, significant investments in infrastructure sector, stringent government regulations to build sustainable structures, aging infrastructure and benefits offered by structural health monitoring, and reduced costs of structural health monitoring industry.
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COVID-19 impact on Structural Health Monitoring Market
Structural health monitoring market had witnessed a downturn for the first two to three quarters of 2020 as major construction, maintenance, and repair activities in the civil infrastructure, aerospace & defence, and energy sectors across various countries were stopped. The companies in the market have witnessed a decrease in the demand for monitoring devices and services due to the supply chain disruptions caused by the pandemic. However, the market has shown gradual recovery from 2021 as the governments are resuming infrastructure development work to reduce the unemployment rate caused by the COVID-19 pandemic. Moreover, the halting of operations of the airlines due to travel restrictions imposed by the countries could increase the maintenance, repair, and overhaul activities in the aviation sector.
In the most realistic scenario, the structural health monitoring market has witnessed a growth of ~8%–10% in 2021 owing to the increasing infrastructure investments globally and the subsequent increase in the construction projects. The market is expected to witness robust growth from 2022.
Structural Health Monitoring Market Dynamics
Drivers: Increased importance of automated maintenance and repair of critical infrastructures
In recent years, several important processes related to the repair and maintenance of infrastructure have been automated. Due to the COVID-19 pandemic, the need to maintain social distancing with a limited workforce at construction sites has led to a decrease in productivity. This has led to the development of automation as well as the standardization of key processes and remote working solutions. COVID-19 has resulted in a shortage of workforce and thus, delayed repair and maintenance. The impact of the pandemic has been significant on the construction sector, owing to the constraints of operating under limited capacity along with social distancing. Moreover, the increasing costs related to physical inspection and continuous maintenance will lead to a surge in demand for automated solutions in the post COVID-19 period. Due to the automation and standardization of repair & maintenance processes, overrun costs can be avoided as operations & maintenance (O&M) costs can be planned more efficiently owing to the digital control of various assets and their components. The gradual increase in the automation of maintenance and repair of infrastructure is expected to facilitate the trend of remote working, which could have a transformational impact on the construction industry. Skilled personnel will be able to monitor structures remotely with the help of the data gathered from installed systems without compromising on quality. Additionally, the use of smart sensors will allow the solutions to be more adaptive and resilient during uncertain times like the COVID-19 pandemic.
Restraints: High installation and monitoring costs
An increase in range, resolution, repeatability, precision, and accuracy leads to an increase in the cost of systems. Though these systems help reduce costs in the long term, the cost involved in installation and monitoring them is high. This is due to the adoption of advanced sensors, software, and complex data acquisition systems. These costs include hardware, software, and service costs and depend majorly on the complexity of structures and the cost of construction, which increases with the increasing complexity of structures. Though high installation and monitoring costs would slow down market growth, the impact of this restraint is expected to decrease gradually during the forecast period owing to the competition among several market players globally and the declining prices of structural health monitoring systems.
Opportunities: Increasing market growth opportunities in Asia Pacific and GCC countries
The dense population of emerging Asia Pacific economies such as India and China has paved the way for rapid urbanization leading to an increased focus on infrastructure development. Thus, there has been a surge in demand for structural health monitoring solutions for both, new and existing structures to ensure safety. In recent years, several market players have been offering structural health monitoring solutions for various projects in Asia Pacific. Globally, the demand for structural health monitoring has been significantly increasing, with the Americas accounting for the largest market share. Structural health monitoring solutions are being aggressively adopted in the US and European countries. However, countries in the Asia Pacific such as China, Japan, India, and Singapore, among others, along with GCC countries such as the UAE, Saudi Arabia, and Qatar, present a huge potential for the structural health monitoring market, considering the growing infrastructural investments in buildings, utilities, bridges, and tunnels in these countries.
Challenges: Poor site conditions
A major challenge faced during structural health monitoring is the adverse site conditions. Several natural and man-made factors affect structural health monitoring. For instance, harsh weather conditions in many regions frequently disturb the monitoring process or damage instruments. High-speed winds, heavy rainfall, and frequent temperature changes cause significant damage to the sensors installed at various positions on the structure. Along with harsh weather conditions, the accessibility and complexity of the structure are also major challenges. If the structure is complex, operators may find it difficult to install instruments as certain parts of the structure may be inaccessible, resulting in appropriate readings not being obtained. Poor site conditions may lead to a decrease in demand for structural health monitoring solutions in the short term. However, with the integration of advanced technologies and the development of advanced solutions, the adverse impact of poor site conditions is expected to decrease gradually.
The market for software & services to grow at a higher rate between 2022 and 2027
As the data is being received from the sensors by the data acquisition systems, the software starts monitoring and analyzing the structure. Software provides the visual representation of the data pertaining to the structural behavior to the monitoring team so that the team can analyze this data, and damages can be detected at the earliest to safeguard the structure from failure. With the increasing number of large infrastructure projects and frequent occurrences of structural failures, structural health monitoring systems are becoming more and more crucial. The basic approach of any structural health monitoring system is to continuously collect data about the overall condition of the structure from various installed sensors. This data includes parameters related to loading, stress, strain, acceleration, temperature, and video signal, among others. Furthermore, it is challenging for structural engineers to obtain, process, store, and analyze such a huge volume of data. To resolve this challenge, software platforms, customized software applications, and software algorithms are being adopted. For example, software such as MATLAB and SCADA play a crucial role in the early damage detection; they determine the damage at an early stage and facilitate necessary repair to maintain a high level of safety.
Wired type structural health monitoring systems to account for larger market share during the forecast period
At present, wired monitoring systems are already being used widely for the overall assessment of numerous structures such as bridges, buildings, and dams. The wired structural health monitoring system defines the communication technology between sensors, the data acquisition system (DAS), and other communication devices with the help of lead wires, co-axial cables, optical fibers, and other wired communication technologies. Wired monitoring systems offer several advantages such as reduced data attenuation, high speed of operation, no limitation on a transmission range, and high system bandwidth.
Civil infrastructure to account for the largest market share during the forecast period
The civil infrastructure segment comprises bridges, tunnels, dams, buildings, and stadiums. Many countries such as the US, the UK, Japan, Germany, Qatar, Saudi Arabia, China, and India are increasingly investing in building infrastructural facilities, such as bridges, dams, buildings, ultimately supporting economic growth. Rapid urbanization and an urgent need for high-quality infrastructure are the major factors driving the market growth for the civil infrastructure segment globally. Thus, the increasing number of civil infrastructure projects is expected to result in high demand for structural health monitoring systems to maintain and monitor the condition of each structure and avoid catastrophic failures.
Americas to dominate the structural health monitoring market between 2022 and 2027
The Americas dominated the market with the largest share in the year 2021 and is expected to follow the similar trend during the forecast period. The large share of the Americas market can be attributed to factors such as the rising focus of the government on the repair and maintenance of the civil infrastructure. The key driving factors for the market growth in the Americas include the aging infrastructure and increasing investments from various governments in the region. For instance, in 2021, the US government announced a USD 2-trillion plan to upgrade the country’s infrastructure, including roads and bridges. Furthermore, countries such as the US and Canada are increasingly using structural health monitoring systems to ensure the safety and security of structures and people.
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Key Market Players
The structural health monitoring companies are COWI (Denmark), Campbell Scientific (US), Geokon (US), Nova Metrix LLC (US), and SGS (Switzerland).
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|
Report Metric |
Details |
|
Market size available for years |
2018–2027 |
|
Base year considered |
2021 |
|
Forecast period |
2022–2027 |
|
Forecast units |
Value (USD Million) |
|
Segments covered |
By Offering, By Technology, By End Use |
|
Geographies covered |
Americas, Europe, Asia Pacific, and Rest of World |
|
Companies covered |
The major players in the structural health monitoring market are Nova Metrix LLC (US), Geokon (US), Campbell Scientific (US), COWI (Denmark), Geocomp (US), Acellent Technologies (US), Sixense (France), Pure Technologies (Canada), Structural Monitoring Systems (Australia), SGS (Switzerland), and Digitexx (US). |
The study categorizes the structural health monitoring market based on offering, technology, and end use at the regional and global level.
By Offering
- Hardware
- Software & Services
By Technology
- Wired
- Wireless
By End Use
- Civil Infrastructure
- Aerospace & Defense
- Energy
- Mining
- Others
By Region
- Americas
- Europe
- Asia Pacific
- Rest of the World
Recent Developments
- In March 2021, Geokon launched the GeoNet 8900 Series data acquisition system. The GeoNet 8900 Series is a wireless, low-power data acquisition system that collects data from sensors and provides secure access to view the data over the internet.
- In November 2020, the Port of Oslo, Norway's largest public commercial port and COWI signed a contract according to which, COWI would provide engineering services that include electrification solutions, structural design, environmental measures and monitoring of the port.
- In November 2020, Sixense (France) partnered with Topcon Positioning Systems (US) to expand its presence in Africa. Through this partnership, Sixense aims to meet the growing requirements for digital transformation in construction, infrastructure, mining, and agriculture sectors in Africa.
- In April 2020, Campbell Scientific launched the GRANITE series, a structural health monitoring data acquisition system (DAS). The presence of several measurement modules for various structural health monitoring parameters enables channel expansion and improves the flexibility of the system. The system’s design reduces the cable length and simplifies sensor installation. It facilitates real-time data collection and provides Ethernet and other wireless connectivity options to transmit data.
- In March 2020, Sherborne Sensors, a brand of Nova Metrix LLC introduced the LSOC-D Servo series sensor, an inclinometer with an integrated display. LSOC-D provides a single power supply for both the inclinometer and the display. This sensor is designed for monitoring bridges.
Frequently Asked Questions (FAQ):
What is the current size of the global structural health monitoring market?
The structural health monitoring market is estimated to grow from USD 2.0 billion in 2022 to USD 4.0 billion by 2027, at a CAGR of 14.6% between 2022 and 2027. The major factors contributing to the market growth are automation in maintenance & repair of infrastructure, loss of life and capital due to structural failures, increasing investment in infrastructure, government regulations pertaining to the sustainable structures, aging infrastructure and benefits associated with structural health monitoring, and reduced costs of structural health monitoring systems.
Who are the winners in the global structural health monitoring market?
Companies such as COWI (Denmark), Campbell Scientific (US), Geokon (US), Nova Metrix LLC (US), and SGS (Switzerland) fall under the winners category.
What is the COVID-19 impact on market players in the structural health monitoring market?
The key market players in the structural health monitoring market, such as COWI (Denmark) and SGS (Switzerland) witnessed a higher growth in 2021 as compared to 2020. .
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 35)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 STRUCTURAL HEALTH MONITORING MARKET SEGMENTATION
1.3.2 GEOGRAPHIC SCOPE
FIGURE 2 MARKET: GEOGRAPHIC SCOPE
1.3.3 INCLUSIONS AND EXCLUSIONS
1.3.4 INCLUSIONS AND EXCLUSIONS AT COMPANY LEVEL
1.3.5 INCLUSIONS AND EXCLUSIONS AT TECHNOLOGY LEVEL
1.3.6 INCLUSIONS AND EXCLUSIONS AT END USE LEVEL
1.3.7 INCLUSIONS AND EXCLUSIONS AT OFFERING LEVEL
1.3.8 INCLUSIONS AND EXCLUSIONS AT REGIONAL LEVEL
1.3.9 YEARS CONSIDERED
1.4 CURRENCY
1.5 PACKAGE SIZE
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 41)
2.1 RESEARCH DATA
FIGURE 3 STRUCTURAL HEALTH MONITORING MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Primary interviews with experts
2.1.2.2 List of key interview participants
2.1.2.3 Breakdown of primaries
2.1.2.4 Primary sources
2.1.3 SECONDARY AND PRIMARY RESEARCH DESIGN
2.1.3.1 Key industry insights
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach for arriving at market share by bottom-up approach
FIGURE 4 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach for arriving at market share by bottom-up approach
FIGURE 5 TOP-DOWN APPROACH
2.2.3 STRUCTURAL HEALTH MONITORING MARKET: DEMAND-SIDE ANALYSIS
FIGURE 6 MARKET SIZE ESTIMATION: DEMAND-SIDE-ANALYSIS
2.2.4 MARKET: SUPPLY-SIDE ANALYSIS
FIGURE 7 MARKET SIZE ESTIMATION: SUPPLY-SIDE ANALYSIS
2.2.5 GROWTH FORECAST ASSUMPTIONS
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 RISK ASSESSMENT
TABLE 1 RISK ASSESSMENT: STRUCTURAL HEALTH MONITORING MARKET
3 EXECUTIVE SUMMARY (Page No. - 54)
3.1 POST-COVID-19: REALISTIC SCENARIO
3.2 POST-COVID-19: OPTIMISTIC SCENARIO
3.3 POST-COVID-19: PESSIMISTIC SCENARIO
FIGURE 9 POST-COVID-19 SCENARIO ANALYSIS FOR STRUCTURAL HEALTH MONITORING MARKET, 2018–2027 (USD MILLION)
FIGURE 10 MARKET, BY REGION, 2022–2027 (USD MILLION)
FIGURE 11 HARDWARE SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD
FIGURE 12 WIRED TECHNOLOGY TO ACCOUNT FOR MAJORITY OF MARKET SHARE THROUGHOUT FORECAST PERIOD
FIGURE 13 CIVIL INFRASTRUCTURE SEGMENT TO CAPTURE LARGEST SHARE OF MARKET, BY END USE, DURING FORECAST PERIOD
FIGURE 14 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN MARKET DURING FORECAST PERIOD
4 PREMIUM INSIGHTS (Page No. - 61)
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN MARKET
FIGURE 15 GROWING INFRASTRUCTURE INVESTMENTS TO SIGNIFICANTLY CONTRIBUTE TO MARKET GROWTH
4.2 STRUCTURAL HEALTH MONITORING MARKET, BY OFFERING
FIGURE 16 HARDWARE SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE THAN SOFTWARE & SERVICES SEGMENT THROUGHOUT FORECAST PERIOD
4.3 MARKET, BY TECHNOLOGY
FIGURE 17 WIRED TECHNOLOGY TO ACCOUNT FOR LARGER MARKET SHARE THAN WIRELESS TECHNOLOGY THROUGHOUT FORECAST PERIOD
4.4 MARKET, BY END USE
FIGURE 18 CIVIL INFRASTRUCTURE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE FROM 2022 TO 2027
4.5 STRUCTURAL HEALTH MONITORING MARKET, BY REGION
FIGURE 19 AMERICAS TO ACCOUNT FOR LARGEST SHARE OF STRUCTURAL HEALTH MONITORING MARKET IN 2027
4.6 MARKET IN EUROPE, BY END USE AND COUNTRY, 2021
FIGURE 20 CIVIL INFRASTRUCTURE AND UK HELD LARGEST SHARE OF MARKET, BY END USE AND COUNTRY, RESPECTIVELY, IN EUROPE IN 2021
5 MARKET OVERVIEW (Page No. - 64)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 21 MARKET DYNAMICS: STRUCTURAL HEALTH MONITORING MARKET
5.2.1 DRIVERS
5.2.1.1 Increased importance of automated maintenance and repair of critical infrastructures
5.2.1.2 Cascading effects of structural failures such as loss of lives and capital
FIGURE 22 CONCEPT OF STRUCTURAL HEALTH MONITORING SYSTEM
FIGURE 23 US: STRUCTURALLY DEFICIENT BRIDGES
5.2.1.3 Significant investments in infrastructure sector
5.2.1.4 Stringent government regulations to build sustainable structures
5.2.1.5 Aging infrastructure and benefits offered by structural health monitoring
5.2.1.6 Reduced costs of structural health monitoring systems
FIGURE 24 IMPACT ANALYSIS OF DRIVERS ON MARKET
5.2.2 RESTRAINTS
5.2.2.1 High installation and monitoring costs
5.2.2.2 Inaccurate results owing to errors in readings
TABLE 2 ERRORS AND CORRECTIVE MEASURES
5.2.2.3 Slow adoption of structural health monitoring systems in developing countries
FIGURE 25 IMPACT ANALYSIS OF RESTRAINTS ON STRUCTURAL HEALTH MONITORING MARKET
5.2.3 OPPORTUNITIES
5.2.3.1 Growing focus on integrating advanced solutions in structural health monitoring
5.2.3.2 Increasing market growth opportunities in Asia Pacific and GCC countries
5.2.3.3 Ongoing advancements in sensor technologies
5.2.3.4 Rising investments in oil & gas and energy projects
FIGURE 26 ANNUAL CAPACITY ADDITION FOR LNG, 2018–2020
FIGURE 27 IMPACT ANALYSIS OF OPPORTUNITIES ON MARKET
5.2.4 CHALLENGES
5.2.4.1 Dearth of skilled operators to install and calibrate instruments
5.2.4.2 Poor site conditions
5.2.4.3 Technical challenges and operational factors
5.2.4.4 Processing and management of large volumes of data
5.2.4.5 Adverse impact of COVID-19 on various industries
FIGURE 28 GLOBAL OIL & GAS SUPPLY INVESTMENTS, 2015–2020
FIGURE 29 IMPACT ANALYSIS OF CHALLENGES ON STRUCTURAL HEALTH MONITORING MARKET
6 INDUSTRY TRENDS (Page No. - 76)
6.1 INTRODUCTION
6.2 VALUE CHAIN ANALYSIS
FIGURE 30 MARKET: VALUE CHAIN ANALYSIS
6.2.1 RESEARCH & DEVELOPMENT ENGINEERS
6.2.2 RAW MATERIAL/COMPONENT SUPPLIERS
6.2.3 MANUFACTURERS & ASSEMBLERS
6.2.4 DISTRIBUTORS
6.2.5 END USERS
6.2.6 POST-SALES SERVICE PROVIDERS
TABLE 3 MARKET: VALUE CHAIN ANALYSIS
6.3 PRICING ANALYSIS: AVERAGE SELLING PRICE TRENDS
FIGURE 31 AVERAGE SELLING PRICE (ASP) OF STRUCTURAL HEALTH MONITORING SENSORS, 2018–2027 (USD)
6.4 LIST OF KEY PATENTS AND INNOVATIONS
FIGURE 32 NUMBER OF PATENTS GRANTED FOR (2011–2021)
FIGURE 33 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENTS GRANTED FROM 2011 TO 2021
TABLE 4 TOP 20 PATENT OWNERS FROM 2011 TO 2021
TABLE 5 KEY PATENTS AND INNOVATIONS IN MARKET, 2011–2021
6.5 KEY TECHNOLOGY TRENDS
6.5.1 HEALTH MONITORING OF BRIDGES WITH AUTONOMOUS UNMANNED AERIAL VEHICLE (UAV) SENSING SYSTEMS WITH 3D-DIGITAL IMAGE CORRELATION (DIC)
6.5.2 USE OF WIRELESS SMART SENSOR NETWORKS TO CAPTURE COST BENEFITS AND REDUCE MONITORING TIME
6.5.3 DISTRIBUTION OF PROCESSED DATA OVER INTERNET USING REMOTE ACCESS SOFTWARE
6.5.4 ADOPTION OF ULTRA-LOW-POWER AND BATTERY-BASED STRAIN GAUGES TO DETECT STRAINS
6.6 PORTER’S FIVE FORCES ANALYSIS
FIGURE 34 STRUCTURAL HEALTH MONITORING: PORTER’S FIVE FORCES ANALYSIS
FIGURE 35 IMPACT OF PORTER’S FIVE FORCES ON STRUCTURAL HEALTH MONITORING
TABLE 6 PORTER’S FIVE FORCES: IMPACT ON MARKET, 2020
6.6.1 THREAT FROM NEW ENTRANTS
6.6.2 THREAT FROM SUBSTITUTES
6.6.3 BARGAINING POWER OF SUPPLIERS
6.6.4 BARGAINING POWER OF BUYERS
6.6.5 INTENSITY OF COMPETITIVE RIVALRY
6.7 CASE STUDIES
6.7.1 DAM MONITORING
TABLE 7 ENCARDIO-RITE: AMONG HIGHEST ARC DAMS IN ASIA – IDUKKI DAM MONITORING
6.7.2 TUNNEL MONITORING
TABLE 8 ENCARDIO-RITE: ROHTANG PASS TUNNEL MONITORING
6.7.3 BRIDGE MONITORING
TABLE 9 GEOCOMP CORPORATION: BAYONNE BRIDGE INSTRUMENTATION AND MONITORING
6.8 TRADE DATA
TABLE 10 EXPORT DATA FOR INSTRUMENTS USED FOR SURVEYING, HS CODE: 9015, 2016–2020 (USD MILLION)
FIGURE 36 INSTRUMENTS USED FOR SURVEYING: EXPORT VALUES FOR MAJOR COUNTRIES, 2016–2020
TABLE 11 IMPORT DATA FOR INSTRUMENTS USED FOR SURVEYING, HS CODE: 9015, 2016–2020 (USD MILLION)
FIGURE 37 INSTRUMENTS USED FOR SURVEYING: IMPORT VALUES FOR MAJOR COUNTRIES, 2016–2020
TABLE 12 EXPORT DATA FOR MEASURING AND CHECKING INSTRUMENTS, HS CODE: 9031, 2016–2020 (USD MILLION)
FIGURE 38 MEASURING AND CHECKING INSTRUMENTS: EXPORT VALUES FOR MAJOR COUNTRIES, 2016–2020
TABLE 13 IMPORT DATA FOR MEASURING AND CHECKING INSTRUMENTS, HS CODE: 9031, 2016–2020 (USD MILLION)
FIGURE 39 MEASURING AND CHECKING INSTRUMENTS: IMPORT VALUES FOR MAJOR COUNTRIES, 2016–2020
6.9 REGULATORY ENVIRONMENT
6.9.1 EUROPE
6.9.2 US
6.10 STRUCTURAL HEALTH MONITORING MARKET ECOSYSTEM
FIGURE 40 STRUCTURAL HEALTH MONITORING MARKET ECOSYSTEM
6.11 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 41 REVENUE SHIFT FOR STRUCTURAL HEALTH MONITORING MARKET
6.11.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR MARKET PLAYERS
7 STRUCTURAL HEALTH MONITORING MARKET, BY OFFERING (Page No. - 95)
7.1 INTRODUCTION
FIGURE 42 STRUCTURAL HEALTH MONITORING MARKET, BY OFFERING
TABLE 14 MARKET, BY OFFERING, 2018–2021 (USD MILLION)
FIGURE 43 HARDWARE SEGMENT TO ACCOUNT FOR LARGEST SHARE OF STRUCTURAL HEALTH MONITORING DURING FORECAST PERIOD
TABLE 15 MARKET, BY OFFERING, 2022–2027 (USD MILLION)
7.2 IMPACT OF COVID-19 ON HARDWARE AND SOFTWARE & SERVICES SEGMENTS
FIGURE 44 PRE- AND POST-COVID-19 ANALYSES FOR HARDWARE MARKET, 2022–2027 (USD MILLION)
FIGURE 45 PRE- AND POST-COVID-19 ANALYSES FOR SOFTWARE & SERVICES MARKET, 2022–2027 (USD MILLION)
7.3 HARDWARE
TABLE 16 STRUCTURAL HEALTH MONITORING MARKET FOR HARDWARE, BY REGION, 2018–2021 (USD MILLION)
TABLE 17 MARKET FOR HARDWARE, BY REGION, 2022–2027 (USD MILLION)
TABLE 18 STRUCTURAL HEALTH MONITORING MARKET FOR HARDWARE, BY TYPE, 2018–2021 (USD MILLION)
FIGURE 46 SENSORS TO COMMAND MARKET FOR HARDWARE DURING FORECAST PERIOD
TABLE 19 STRUCTURAL HEALTH MONITORING MARKET FOR HARDWARE, BY TYPE, 2022–2027 (USD MILLION)
7.3.1 SENSORS
TABLE 20 MARKET FOR SENSORS, BY REGION, 2018–2021 (USD MILLION)
TABLE 21 STRUCTURAL HEALTH MONITORING MARKET FOR SENSORS, BY REGION, 2022–2027 (USD MILLION)
TABLE 22 MARKET FOR SENSORS, BY TYPE, 2018–2021 (USD MILLION)
TABLE 23 MARKET FOR SENSORS, BY TYPE, 2022–2027 (USD MILLION)
TABLE 24 MARKET FOR SENSORS, BY TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 25 MARKET FOR SENSORS, BY TYPE, 2022–2027 (THOUSAND UNITS)
7.3.1.1 Accelerometers
7.3.1.1.1 Accelerometers measure acceleration experienced by structures due to gravity or applied force
7.3.1.2 Displacement sensors
7.3.1.2.1 Displacement sensors measure displacements across critical locations on structures
7.3.1.3 Tiltmeters & inclinometers
7.3.1.3.1 MEMS-based inclinometers are expected to witness increased adoption in structural health monitoring systems
7.3.1.4 Strain gauge sensors
7.3.1.4.1 Low cost and easy installation process are major factors propelling growth of market for strain gauge sensors
7.3.1.5 Corrosion sensors
7.3.1.5.1 Corrosion sensors are extensively used to monitor oil and gas pipelines, chemical and petrochemical plants, bridges and aircraft
7.3.1.6 Temperature sensors
7.3.1.6.1 Temperature sensors are expected to witness increased demand from civil infrastructure vertical
7.3.1.7 Others
7.3.2 DATA ACQUISITION SYSTEMS
7.3.2.1 Data acquisition systems transmit data collected from sensors to base station
TABLE 26 STRUCTURAL HEALTH MONITORING MARKET FOR DATA ACQUISITION SYSTEMS, BY REGION, 2018–2021 (USD MILLION)
TABLE 27 STRUCTURAL HEALTH MONITORING MARKET FOR DATA ACQUISITION SYSTEMS, BY REGION, 2022–2027 (USD MILLION)
7.3.3 OTHERS
TABLE 28 MARKET FOR OTHER HARDWARE OFFERINGS, BY REGION, 2018–2021 (USD MILLION)
TABLE 29 STRUCTURAL HEALTH MONITORING MARKET FOR OTHER HARDWARE OFFERINGS, BY REGION, 2022–2027 (USD MILLION)
7.4 SOFTWARE & SERVICES
TABLE 30 MARKET FOR SOFTWARE & SERVICES, BY REGION, 2018–2021 (USD MILLION)
FIGURE 47 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN MARKET FOR SOFTWARE & SERVICES DURING FORECAST PERIOD
TABLE 31 STRUCTURAL HEALTH MONITORING MARKET FOR SOFTWARE & SERVICES, BY REGION, 2022–2027 (USD MILLION)
7.4.1 SOFTWARE
7.4.1.1 Growing need for predictive analysis to ensure safety of structures to stimulate market growth
7.4.2 SERVICES
7.4.2.1 Pre-installation services
7.4.2.1.1 Pre-installation services include design, engineering, consulting, and installation services
7.4.2.2 Post-installation services
7.4.2.2.1 Post-installation services involve monitoring, maintenance, diagnostic and testing, and application-specific monitoring services
8 STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY (Page No. - 112)
8.1 INTRODUCTION
FIGURE 48 STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY
TABLE 32 MARKET, BY TECHNOLOGY, 2018–2021 (USD MILLION)
FIGURE 49 WIRELESS TECHNOLOGY TO REGISTER HIGHER CAGR IN MARKET DURING FORECAST PERIOD
TABLE 33 STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)
8.2 WIRED TECHNOLOGY
8.2.1 WIRED TECHNOLOGY ACCOUNTS FOR LARGER MARKET SHARE OWING TO ITS ADVANTAGES SUCH AS REDUCED DATA ATTENUATION, UNLIMITED TRANSMISSION RANGE, AND HIGH SYSTEM BANDWIDTH
TABLE 34 STRUCTURAL HEALTH MONITORING MARKET FOR WIRED TECHNOLOGY, BY REGION, 2018–2021 (USD MILLION)
TABLE 35 MARKET FOR WIRED TECHNOLOGY, BY REGION, 2022–2027 (USD MILLION)
8.3 WIRELESS TECHNOLOGY
8.3.1 INCREASED ADOPTION OF WIRELESS TECHNOLOGY-BASED STRUCTURAL MONITORING SYSTEMS WILL MAKE IT FAST-GROWING MARKET
TABLE 36 STRUCTURAL HEALTH MONITORING MARKET FOR WIRELESS TECHNOLOGY, BY REGION, 2018–2021 (USD MILLION)
TABLE 37 STRUCTURAL HEALTH MONITORING MARKET FOR WIRELESS TECHNOLOGY, BY REGION, 2022–2027 (USD MILLION)
8.4 IMPACT OF COVID-19 ON WIRED AND WIRELESS SYSTEMS
FIGURE 50 PRE- AND POST-COVID-19 ANALYSES FOR WIRED STRUCTURAL HEALTH MONITORING MARKET, 2022–2027 (USD MILLION)
FIGURE 51 PRE- AND POST-COVID-19 ANALYSES FOR WIRELESS MARKET, 2022–2027 (USD MILLION)
9 STRUCTURAL HEALTH MONITORING MARKET, BY END USE (Page No. - 119)
9.1 INTRODUCTION
FIGURE 52 STRUCTURAL HEALTH MONITORING MARKET, BY END USE
TABLE 38 MARKET, BY END USE, 2018–2021 (USD MILLION)
FIGURE 53 CIVIL INFRASTRUCTURE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2027
TABLE 39 MARKET, BY END USE, 2022–2027 (USD MILLION)
9.2 CIVIL INFRASTRUCTURE
9.2.1 BRIDGES
9.2.1.1 Bridges contribute significantly to regional economic growth
9.2.2 TUNNELS
9.2.2.1 Monitoring structural integrity of tunnels in pre- and post-construction phases is important
9.2.3 DAMS
9.2.3.1 Dams are monitored to identify threat to structural integrity ensures safety
9.2.4 BUILDINGS & STADIUMS
9.2.4.1 Increasing number of sporting events to drive market growth
TABLE 40 MAJOR CIVIL INFRASTRUCTURE PROJECTS
TABLE 41 STRUCTURAL HEALTH MONITORING FOR CIVIL INFRASTRUCTURE, BY REGION, 2018–2021 (USD MILLION)
FIGURE 54 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN STRUCTURAL HEALTH MONITORING MARKET FOR CIVIL INFRASTRUCTURE DURING FORECAST PERIOD
TABLE 42 STRUCTURAL HEALTH MONITORING FOR CIVIL INFRASTRUCTURE, BY REGION, 2022–2027 (USD MILLION)
FIGURE 55 PRE- AND POST-COVID-19 ANALYSES OF STRUCTURAL HEALTH MONITORING MARKET FOR CIVIL INFRASTRUCTURE, 2022–2027 (USD MILLION)
9.3 AEROSPACE & DEFENSE
9.3.1 STRONG NEED TO MINIMIZE RISK OF STRUCTURAL FAILURES SUPPORTS MARKET GROWTH
TABLE 43 MAJOR AEROSPACE & DEFENSE PROJECTS
TABLE 44 STRUCTURAL HEALTH MONITORING FOR AEROSPACE & DEFENSE, BY REGION, 2018–2021 (USD MILLION)
FIGURE 56 AMERICAS TO ACCOUNT FOR LARGEST SHARE OF STRUCTURAL HEALTH MONITORING MARKET FOR AEROSPACE & DEFENSE THROUGHOUT FORECAST PERIOD
TABLE 45 STRUCTURAL HEALTH MONITORING FOR AEROSPACE & DEFENSE, BY REGION, 2022–2027 (USD MILLION)
FIGURE 57 PRE- AND POST-COVID-19 ANALYSES OF STRUCTURAL HEALTH MONITORING MARKET FOR AEROSPACE & DEFENSE, 2022–2027 (USD MILLION)
9.4 ENERGY
9.4.1 INCREASED ADOPTION OF STRUCTURAL HEALTH MONITORING SYSTEMS IN WIND AND NUCLEAR POWER GENERATION PROJECTS TO PROPEL MARKET GROWTH
TABLE 46 MAJOR ENERGY PROJECTS
TABLE 47 STRUCTURAL HEALTH MONITORING FOR ENERGY, BY REGION, 2018–2021 (USD MILLION)
FIGURE 58 ASIA PACIFIC TO EXHIBIT HIGHEST CAGR IN STRUCTURAL HEALTH MONITORING MARKET FOR ENERGY SEGMENT DURING FORECAST PERIOD
TABLE 48 STRUCTURAL HEALTH MONITORING FOR ENERGY, BY REGION, 2022–2027 (USD MILLION)
FIGURE 59 PRE- AND POST-COVID-19 ANALYSES OF STRUCTURAL HEALTH MONITORING MARKET FOR ENERGY, 2022–2027 (USD MILLION)
9.5 MINING
9.5.1 STRINGENT REGULATORY POLICIES FORMULATED TO ENSURE SAFETY OF MINE WORKERS TO SPUR DEMAND FOR STRUCTURAL HEALTH MONITORING SYSTEMS
TABLE 49 MAJOR MINING PROJECTS
TABLE 50 STRUCTURAL HEALTH MONITORING FOR MINING, BY REGION, 2018–2021 (USD MILLION)
FIGURE 60 AMERICAS TO HOLD LARGEST SHARE OF STRUCTURAL HEALTH MONITORING MARKET FOR MINING IN 2027
TABLE 51 STRUCTURAL HEALTH MONITORING FOR MINING, BY REGION, 2022–2027 (USD MILLION)
FIGURE 61 PRE- AND POST-COVID-19 ANALYSIS OF MARKET FOR MINING, 2022–2027 (USD MILLION)
9.6 OTHERS
TABLE 52 MAJOR PROJECTS FOR INDUSTRIAL MACHINERY, MARINE, AUTOMOTIVE & TRANSPORTATION MARKETS
TABLE 53 STRUCTURAL HEALTH MONITORING FOR OTHER END USES, BY REGION, 2018–2021 (USD MILLION)
FIGURE 62 ASIA PACIFIC TO RECORD HIGHEST CAGR IN STRUCTURAL HEALTH MONITORING MARKET FOR OTHER END USES DURING FORECAST PERIOD
TABLE 54 STRUCTURAL HEALTH MONITORING FOR OTHER END USES, BY REGION, 2022–2027 (USD MILLION)
FIGURE 63 PRE- AND POST-COVID-19 ANALYSES OF MARKET FOR OTHER END USES, 2022–2027 (USD MILLION)
9.7 IMPACT OF COVID-19 ON OTHER END USES
10 IMPLEMENTATION METHODS OF STRUCTURAL HEALTH MONITORING SYSTEMS (Page No. - 139)
10.1 INTRODUCTION
FIGURE 64 IMPLEMENTATION METHOD OF MARKET SYSTEMS
10.2 NEW CONSTRUCTIONS
10.3 RETROFITTING
11 APPLICATIONS OF STRUCTURAL HEALTH MONITORING SYSTEMS (Page No. - 142)
11.1 INTRODUCTION
FIGURE 65 APPLICATIONS OF STRUCTURAL HEALTH MONITORING SYSTEMS
TABLE 55 APPLICATIONS, PURPOSE OF MONITORING, AND INSTRUMENTS USED
11.2 CRACK DETECTION
11.3 DAMAGE DETECTION
11.4 IMPACT MONITORING
11.5 CORROSION MONITORING
11.6 STRAIN MONITORING
11.7 HOTSPOT MONITORING
11.8 STATE SENSING
11.9 MULTIMODAL SENSING
11.1 PRESSURE MONITORING
11.11 LEAKAGE DETECTION
11.12 DEFLECTION MONITORING
11.13 HURRICANE & EARTHQUAKE MONITORING
12 GEOGRAPHIC ANALYSIS (Page No. - 148)
12.1 INTRODUCTION
FIGURE 66 INDIA TO WITNESS HIGHEST CAGR IN GLOBAL STRUCTURAL HEALTH MONITORING MARKET DURING FORECAST PERIOD
TABLE 56 STRUCTURAL HEALTH MONITORING MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 57 MARKET, BY REGION, 2022–2027 (USD MILLION)
12.2 AMERICAS
TABLE 58 MARKET IN AMERICAS, BY REGION, 2018–2021 (USD MILLION)
TABLE 59 MARKET IN AMERICAS, BY REGION, 2022–2027 (USD MILLION)
TABLE 60 MARKET IN AMERICAS, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 61 MARKET IN AMERICAS, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 62 MARKET IN AMERICAS, BY OFFERING, 2018–2021 (USD MILLION)
TABLE 63 MARKET IN AMERICAS, BY OFFERING, 2022–2027 (USD MILLION)
TABLE 64 MARKET IN AMERICAS FOR HARDWARE, BY TYPE, 2018–2021 (USD MILLION)
TABLE 65 MARKET IN AMERICAS FOR HARDWARE, BY TYPE, 2022–2027 (USD MILLION)
TABLE 66 STRUCTURAL HEALTH MONITORING MARKET IN AMERICAS, BY END USE, 2018–2021 (USD MILLION)
TABLE 67 MARKET IN AMERICAS, BY END USE, 2022–2027 (USD MILLION)
12.2.1 NORTH AMERICA
FIGURE 67 SNAPSHOT OF MARKET IN NORTH AMERICA
TABLE 68 STRUCTURAL HEALTH MONITORING MARKET IN NORTH AMERICA, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 69 STRUCTURAL HEALTH MONITORING MARKET IN NORTH AMERICA, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 70 STRUCTURAL HEALTH MONITORING MARKET IN NORTH AMERICA, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 71 MARKET IN NORTH AMERICA, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 72 MARKET IN NORTH AMERICA FOR HARDWARE, BY TYPE, 2018–2021 (USD MILLION)
TABLE 73 MARKET IN NORTH AMERICA FOR HARDWARE, BY TYPE, 2022–2027 (USD MILLION)
12.2.1.1 US
12.2.1.1.1 Aging infrastructure and increasing infrastructure investments to accelerate market growth
TABLE 74 MARKET IN US, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 75 MARKET IN US, BY TECHNOLOGY, 2022–2027 (USD MILLION)
12.2.1.2 Canada
12.2.1.2.1 Growing infrastructure projects to spur market growth
TABLE 76 MARKET IN CANADA, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 77 MARKET IN CANADA, BY TECHNOLOGY, 2022–2027 (USD MILLION)
12.2.1.3 Mexico
12.2.1.3.1 Increasing number of infrastructure development projects to propel market growth in Mexico
TABLE 78 STRUCTURAL HEALTH MONITORING MARKET IN MEXICO, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 79 MARKET IN MEXICO, BY TECHNOLOGY, 2022–2027 (USD MILLION)
12.2.2 SOUTH AMERICA
FIGURE 68 SNAPSHOT OF MARKET IN SOUTH AMERICA
TABLE 80 MARKET IN SOUTH AMERICA, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 81 MARKET IN SOUTH AMERICA, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 82 MARKET IN SOUTH AMERICA, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 83 STRUCTURAL HEALTH MONITORING MARKET IN SOUTH AMERICA, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 84 STRUCTURAL HEALTH MONITORING MARKET IN SOUTH AMERICA FOR HARDWARE, BY TYPE, 2018–2021 (USD MILLION)
TABLE 85 STRUCTURAL HEALTH MONITORING MARKET IN SOUTH AMERICA FOR HARDWARE, BY TYPE, 2022–2027 (USD MILLION)
12.2.2.1 Brazil
12.2.2.1.1 Increasing awareness about benefits of structural health monitoring to boost market growth
TABLE 86 STRUCTURAL HEALTH MONITORING MARKET IN BRAZIL, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 87 STRUCTURAL HEALTH MONITORING MARKET IN BRAZIL, BY TECHNOLOGY, 2022–2027 (USD MILLION)
12.2.2.2 Rest of South America
TABLE 88 STRUCTURAL HEALTH MONITORING MARKET IN REST OF SOUTH AMERICA, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 89 STRUCTURAL HEALTH MONITORING MARKET IN REST OF SOUTH AMERICA, BY TECHNOLOGY, 2022–2027 (USD MILLION)
12.2.3 IMPACT OF COVID-19 ON MARKET IN AMERICAS
FIGURE 69 PRE- AND POST-COVID-19 ANALYSES FOR STRUCTURAL HEALTH MONITORING MARKET IN AMERICAS, 2022–2027 (USD MILLION)
TABLE 90 MAJOR STRUCTURAL HEALTH MONITORING PROJECTS IN AMERICAS
12.3 EUROPE
FIGURE 70 SNAPSHOT OF STRUCTURAL HEALTH MONITORING MARKET IN EUROPE
TABLE 91 STRUCTURAL HEALTH MONITORING MARKET IN EUROPE, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 92 STRUCTURAL HEALTH MONITORING MARKET IN EUROPE, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 93 STRUCTURAL HEALTH MONITORING MARKET IN EUROPE, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 94 STRUCTURAL HEALTH MONITORING MARKET IN EUROPE, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 95 STRUCTURAL HEALTH MONITORING MARKET IN EUROPE, BY OFFERING, 2018–2021 (USD MILLION)
TABLE 96 STRUCTURAL HEALTH MONITORING MARKET IN EUROPE, BY OFFERING, 2022–2027 (USD MILLION)
TABLE 97 STRUCTURAL HEALTH MONITORING MARKET IN EUROPE FOR HARDWARE, BY TYPE, 2018–2021 (USD MILLION)
TABLE 98 STRUCTURAL HEALTH MONITORING MARKET IN EUROPE FOR HARDWARE, BY TYPE, 2022–2027 (USD MILLION)
TABLE 99 STRUCTURAL HEALTH MONITORING MARKET IN EUROPE, BY END USE, 2018–2021 (USD MILLION)
TABLE 100 STRUCTURAL HEALTH MONITORING MARKET IN EUROPE, BY END USE, 2022–2027 (USD MILLION)
12.3.1 UK
12.3.1.1 Growing need to repair existing infrastructure to accelerate market growth
TABLE 101 STRUCTURAL HEALTH MONITORING MARKET IN UK, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 102 STRUCTURAL HEALTH MONITORING MARKET IN UK, BY TECHNOLOGY, 2022–2027 (USD MILLION)
12.3.2 GERMANY
12.3.2.1 Surging requirement for new infrastructure to push market growth
TABLE 103 STRUCTURAL HEALTH MONITORING MARKET IN GERMANY, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 104 STRUCTURAL HEALTH MONITORING MARKET IN GERMANY, BY TECHNOLOGY, 2022–2027 (USD MILLION)
12.3.3 FRANCE
12.3.3.1 Increasing investments in transport, energy, infrastructure, commercial, and industrial infrastructure projects to fuel market growth
TABLE 105 STRUCTURAL HEALTH MONITORING MARKET IN FRANCE, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 106 STRUCTURAL HEALTH MONITORING MARKET IN FRANCE, BY TECHNOLOGY, 2022–2027 (USD MILLION)
12.3.4 ITALY
12.3.4.1 Rising number of construction projects to support market growth
TABLE 107 STRUCTURAL HEALTH MONITORING MARKET IN ITALY, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 108 STRUCTURAL HEALTH MONITORING MARKET IN ITALY, BY TECHNOLOGY, 2022–2027 (USD MILLION)
12.3.5 NETHERLANDS
12.3.5.1 Extensive focus of country on R&D and adoption of advanced monitoring solutions to drive market growth
TABLE 109 STRUCTURAL HEALTH MONITORING MARKET IN NETHERLANDS, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 110 STRUCTURAL HEALTH MONITORING MARKET IN NETHERLANDS, BY TECHNOLOGY, 2022–2027 (USD MILLION)
12.3.6 REST OF EUROPE
TABLE 111 STRUCTURAL HEALTH MONITORING MARKET IN REST OF EUROPE, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 112 STRUCTURAL HEALTH MONITORING MARKET IN REST OF EUROPE, BY TECHNOLOGY, 2022–2027 (USD MILLION)
12.3.7 IMPACT OF COVID-19 ON MARKET IN EUROPE
FIGURE 71 PRE- AND POST-COVID-19 ANALYSES FOR STRUCTURAL HEALTH MONITORING MARKET IN EUROPE, 2022–2027 (USD MILLION)
TABLE 113 MAJOR STRUCTURAL HEALTH MONITORING PROJECTS IN EUROPE
12.4 ASIA PACIFIC (APAC)
FIGURE 72 SNAPSHOT OF STRUCTURAL HEALTH MONITORING MARKET IN ASIA PACIFIC
TABLE 114 STRUCTURAL HEALTH MONITORING MARKET IN ASIA PACIFIC, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 115 STRUCTURAL HEALTH MONITORING MARKET IN ASIA PACIFIC, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 116 STRUCTURAL HEALTH MONITORING MARKET IN ASIA PACIFIC, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 117 STRUCTURAL HEALTH MONITORING MARKET IN ASIA PACIFIC, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 118 STRUCTURAL HEALTH MONITORING MARKET IN ASIA PACIFIC, BY OFFERING, 2018–2021 (USD MILLION)
TABLE 119 STRUCTURAL HEALTH MONITORING MARKET IN ASIA PACIFIC, BY OFFERING, 2022–2027 (USD MILLION)
TABLE 120 STRUCTURAL HEALTH MONITORING MARKET IN ASIA PACIFIC FOR HARDWARE, BY TYPE, 2018–2021 (USD MILLION)
TABLE 121 STRUCTURAL HEALTH MONITORING MARKET IN ASIA PACIFIC FOR HARDWARE, BY TYPE, 2022–2027 (USD MILLION)
TABLE 122 STRUCTURAL HEALTH MONITORING MARKET IN ASIA PACIFIC, BY END USE, 2018–2021 (USD MILLION)
TABLE 123 STRUCTURAL HEALTH MONITORING MARKET IN ASIA PACIFIC, BY END USE, 2022–2027 (USD MILLION)
12.4.1 CHINA
12.4.1.1 Stringent government regulations and presence of several component manufacturers to propel market growth in China
TABLE 124 STRUCTURAL HEALTH MONITORING MARKET IN CHINA, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 125 STRUCTURAL HEALTH MONITORING MARKET IN CHINA, BY TECHNOLOGY, 2022–2027 (USD MILLION)
12.4.2 JAPAN
12.4.2.1 Growing number of infrastructure projects and rising need for regular monitoring of structures to spur market growth
TABLE 126 STRUCTURAL HEALTH MONITORING MARKET IN JAPAN, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 127 STRUCTURAL HEALTH MONITORING MARKET IN JAPAN, BY TECHNOLOGY, 2022–2027 (USD MILLION)
12.4.3 SOUTH KOREA
12.4.3.1 Rising number of infrastructure projects to elevate demand for structural health monitoring
TABLE 128 STRUCTURAL HEALTH MONITORING MARKET IN SOUTH KOREA, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 129 STRUCTURAL HEALTH MONITORING MARKET IN SOUTH KOREA, BY TECHNOLOGY, 2022–2027 (USD MILLION)
12.4.4 INDIA
12.4.4.1 Increasing infrastructure investments and subsequent rise in construction projects to boost market growth in India
TABLE 130 STRUCTURAL HEALTH MONITORING MARKET IN INDIA, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 131 STRUCTURAL HEALTH MONITORING MARKET IN INDIA, BY TECHNOLOGY, 2022–2027 (USD MILLION)
12.4.5 SINGAPORE
12.4.5.1 Suring number of mega construction projects with increasing infrastructure investment to propel market growth
TABLE 132 STRUCTURAL HEALTH MONITORING MARKET IN SINGAPORE, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 133 STRUCTURAL HEALTH MONITORING MARKET IN SINGAPORE, BY TECHNOLOGY, 2022–2027 (USD MILLION)
12.4.6 REST OF ASIA PACIFIC
TABLE 134 STRUCTURAL HEALTH MONITORING MARKET IN REST OF ASIA PACIFIC, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 135 STRUCTURAL HEALTH MONITORING MARKET IN REST OF ASIA PACIFIC, BY TECHNOLOGY, 2022–2027 (USD MILLION)
12.4.7 IMPACT OF COVID-19 ON MARKET IN ASIA PACIFIC
FIGURE 73 PRE- AND POST-COVID-19 ANALYSES OF STRUCTURAL HEALTH MONITORING MARKET IN ASIA PACIFIC, 2022–2027 (USD MILLION)
TABLE 136 MAJOR STRUCTURAL HEALTH MONITORING PROJECTS IN ASIA PACIFIC
12.5 REST OF THE WORLD (ROW)
TABLE 137 STRUCTURAL HEALTH MONITORING MARKET IN ROW, BY REGION, 2018–2021 (USD MILLION)
TABLE 138 STRUCTURAL HEALTH MONITORING MARKET IN ROW, BY REGION, 2022–2027 (USD MILLION)
TABLE 139 STRUCTURAL HEALTH MONITORING MARKET IN ROW, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 140 STRUCTURAL HEALTH MONITORING MARKET IN ROW, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 141 STRUCTURAL HEALTH MONITORING MARKET IN ROW, BY OFFERING, 2018–2021 (USD MILLION)
TABLE 142 STRUCTURAL HEALTH MONITORING MARKET IN ROW, BY OFFERING, 2022–2027 (USD MILLION)
TABLE 143 STRUCTURAL HEALTH MONITORING MARKET IN ROW FOR HARDWARE, BY TYPE, 2018–2021 (USD MILLION)
TABLE 144 STRUCTURAL HEALTH MONITORING MARKET IN ROW FOR HARDWARE, BY TYPE, 2022–2027 (USD MILLION)
TABLE 145 STRUCTURAL HEALTH MONITORING MARKET IN ROW, BY END USE, 2018–2021 (USD MILLION)
TABLE 146 STRUCTURAL HEALTH MONITORING MARKET IN ROW, BY END USE, 2022–2027 (USD MILLION)
12.5.1 MIDDLE EAST
12.5.1.1 Rising need to monitor skyscrapers and increasing infrastructure investments to drive market growth in Middle East
TABLE 147 STRUCTURAL HEALTH MONITORING MARKET IN MIDDLE EAST, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 148 STRUCTURAL HEALTH MONITORING MARKET IN MIDDLE EAST, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 149 STRUCTURAL HEALTH MONITORING MARKET IN MIDDLE EAST, BY OFFERING, 2018–2021 (USD MILLION)
TABLE 150 STRUCTURAL HEALTH MONITORING MARKET IN MIDDLE EAST, BY OFFERING, 2022–2027 (USD MILLION)
12.5.2 AFRICA
TABLE 151 STRUCTURAL HEALTH MONITORING MARKET IN AFRICA, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 152 STRUCTURAL HEALTH MONITORING MARKET IN AFRICA, BY TECHNOLOGY, 2022–2027 (USD MILLION)
TABLE 153 STRUCTURAL HEALTH MONITORING MARKET IN AFRICA, BY OFFERING, 2018–2021 (USD MILLION)
TABLE 154 STRUCTURAL HEALTH MONITORING MARKET IN AFRICA, BY OFFERING, 2022–2027 (USD MILLION)
12.5.3 IMPACT OF COVID-19 ON MARKET IN ROW
FIGURE 74 PRE- AND POST-COVID-19 ANALYSES OF STRUCTURAL HEALTH MONITORING MARKET IN ROW, 2022–2027 (USD MILLION)
13 COMPETITIVE LANDSCAPE (Page No. - 196)
13.1 INTRODUCTION
FIGURE 75 COMPANIES ADOPTED PRODUCT LAUNCHES AS KEY GROWTH STRATEGY FROM 2018 TO 2020
13.2 MARKET SHARE ANALYSIS, 2021
TABLE 155 MARKET SHARE ANALYSIS OF KEY COMPANIES, 2021
13.3 HISTORICAL REVENUE ANALYSIS, 2016–2020
FIGURE 76 HISTORICAL REVENUE ANALYSIS OF MAJOR COMPANIES IN
13.4 COMPANY EVALUATION QUADRANT, 2021
13.4.1 STAR
13.4.2 EMERGING LEADER
13.4.3 PERVASIVE
13.4.4 PARTICIPANT
FIGURE 77 STRUCTURAL HEALTH MONITORING MARKET (GLOBAL): COMPANY EVALUATION QUADRANT, 2021
13.5 STARTUP/SME EVALUATION QUADRANT, 2021
13.5.1 PROGRESSIVE COMPANY
13.5.2 RESPONSIVE COMPANY
13.5.3 DYNAMIC COMPANY
13.5.4 STARTING BLOCK
FIGURE 78 STRUCTURAL HEALTH MONITORING MARKET (GLOBAL): STARTUP/SME EVALUATION MATRIX, 2021
TABLE 156 COMPANY FOOTPRINT
TABLE 157 COMPANY OFFERING FOOTPRINT
TABLE 158 COMPANY END USE FOOTPRINT
TABLE 159 COMPANY REGION FOOTPRINT
13.6 COMPETITIVE SCENARIO
13.6.1 PRODUCT LAUNCHES AND DEVELOPMENTS
TABLE 160 STRUCTURAL HEALTH MONITORING MARKET, PRODUCT LAUNCHES AND DEVELOPMENTS, 2018–2021
13.6.2 DEALS
TABLE 161 STRUCTURAL HEALTH MONITORING MARKET, DEALS (CONTRACTS, PARTNERSHIPS, AGREEMENTS, COLLABORATIONS, AND MERGERS & ACQUISITIONS), 2018–2021
TABLE 162 STRUCTURAL HEALTH MONITORING MARKET, EXPANSIONS, 2018–2021
14 COMPANY PROFILES (Page No. - 214)
14.1 INTRODUCTION
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View)*
14.2 KEY PLAYERS
14.2.1 NOVA METRIX LLC
TABLE 163 NOVA METRIX LLC: COMPANY OVERVIEW
TABLE 164 NOVA METRIX LLC: PRODUCTS OFFERED
TABLE 165 NOVA METRIX LLC: PRODUCT LAUNCHES
TABLE 166 NOVA METRIX LLC: DEALS
14.2.2 GEOKON
TABLE 167 GEOKON: COMPANY OVERVIEW
TABLE 168 GEOKON: PRODUCTS OFFERED
TABLE 169 GEOKON: PRODUCT LAUNCHES
TABLE 170 GEOKON: OTHERS
14.2.3 CAMPBELL SCIENTIFIC
TABLE 171 CAMPBELL SCIENTIFIC: COMPANY OVERVIEW
TABLE 172 CAMPBELL SCIENTIFIC: PRODUCTS OFFERED
TABLE 173 CAMPBELL SCIENTIFIC: SERVICES OFFERED
TABLE 174 CAMPBELL SCIENTIFIC: PRODUCT LAUNCHES
14.2.4 COWI
TABLE 175 COWI: COMPANY OVERVIEW
FIGURE 79 COWI: COMPANY SNAPSHOT
TABLE 176 COWI: SERVICES OFFERED
TABLE 177 COWI: DEALS
TABLE 178 COWI: OTHERS
14.2.5 GEOCOMP
TABLE 179 GEOCOMP: COMPANY OVERVIEW
TABLE 180 GEOCOMP: PRODUCTS OFFERED
TABLE 181 GEOCOMP: PRODUCT LAUNCHES
14.2.6 ACELLENT TECHNOLOGIES
TABLE 182 ACELLENT: COMPANY OVERVIEW
TABLE 183 ACELLENT: PRODUCTS OFFERED
TABLE 184 ACELLENT: DEALS
14.2.7 SIXENSE
TABLE 185 SIXENSE: COMPANY OVERVIEW
TABLE 186 SIXENSE: PRODUCTS OFFERED
TABLE 187 SIXENSE: DEALS
14.2.8 PURE TECHNOLOGIES
TABLE 188 PURE TECHNOLOGIES: COMPANY OVERVIEW
TABLE 189 PURE TECHNOLOGIES: PRODUCTS OFFERED
14.2.9 STRUCTURAL MONITORING SYSTEMS PLC.
TABLE 190 STRUCTURAL MONITORING SYSTEMS: COMPANY OVERVIEW
FIGURE 80 STRUCTURAL MONITORING SYSTEMS: COMPANY SNAPSHOT
TABLE 191 STRUCTURAL MONITORING SYSTEMS: PRODUCTS OFFERED
14.2.10 SGS
TABLE 192 SGS: COMPANY OVERVIEW
FIGURE 81 SGS: COMPANY SNAPSHOT
TABLE 193 SGS: SERVICES OFFERED
TABLE 194 SGS: DEALS
14.2.11 DIGITEXX
TABLE 195 DIGITEXX: COMPANY OVERVIEW
TABLE 196 DIGITEXX: PRODUCTS OFFERED
* Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View might not be captured in case of unlisted companies.
14.3 OTHER PLAYERS
14.3.1 FIRST SENSOR
14.3.2 BRIDGE DIAGNOSTICS
14.3.3 SISGEO
14.3.4 RST INSTRUMENTS
14.3.5 AVT RELIABILITY
14.3.6 GEOMOTION SINGAPORE
14.3.7 STRAINSTALL UK (JAMES FISHER & SONS PLC)
14.3.8 HOLTINGER BALDWIN MESSTECHNIK (HBM)
14.3.9 KINEMETRICS
14.3.10 FEAC ENGINEERING
14.3.11 DESTEK ENGINEERING LLC
14.3.12 SENSURON
14.3.13 INFIBRA TECHNOLOGIES
14.3.14 SODIS LABS
14.3.15 SET POINT TECHNOLOGIES
14.3.16 MISTRAS GROUP
14.3.17 METIS DESIGN CORPORATION
14.3.18 GEOSIG LTD.
15 APPENDIX (Page No. - 256)
15.1 INSIGHTS FROM INDUSTRY EXPERTS
15.2 DISCUSSION GUIDE
15.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.4 AVAILABLE CUSTOMIZATIONS
15.5 RELATED REPORTS
15.6 AUTHOR DETAILS
The study involved 4 major activities in estimating the size of the structural health monitoring market. Exhaustive secondary research has been done to collect information on the market, peer market, and parent market. Validation of these findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. Both top-down and bottom-up approaches have been employed to estimate the global market size. After that, market breakdown and data triangulation have been used to estimate the market sizes of segments and subsegments.
Secondary Research
The secondary sources referred to for this research study include government sources, corporate filings (such as annual reports, investor presentations, and financial statements), and trade, business, and professional associations. The secondary data has been collected and analyzed to arrive at the overall market size, which has been further validated through primary research.
In the structural health monitoring market report, both top-down and bottom-up approaches have been used to estimate and validate the size of the structural health monitoring market, along with other dependent submarkets. The key players in the structural health monitoring market have been identified through secondary research, and their market presence have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
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 the demand side (end users) and the supply side (manufacturers, and semiconductor, connectivity, and application providers) across four major geographic regions—Americas, Europe, Asia Pacific, and RoW. Approximately 75% and 25% of the primary interviews have been conducted with supply and demand sides, respectively. This primary data has been collected through questionnaires, e-mails, and telephonic interviews.
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 total size of the structural health monitoring market. These methods have also been extensively used to estimate the sizes of various market subsegments. The research methodology used to estimate the market sizes includes the following:
- Initially, MarketsandMarkets focuses on top line investments and spending in the ecosystems. Further, major developments in the key market area have been considered
- Information related to the revenue generated by key players in the structural health monitoring market was obtained
- Multiple on-field discussions have been conducted with key opinion leaders from major companies that develop structural health monitoring instruments and software and provide monitoring services as well as supply-related services
- Geographic splits have been estimated using secondary sources based on various factors, such as the number of players in a specific region, types of services provided by them or the products offered, and the various end users related to the market
- Analyzing the structural health monitoring market in each country and identifying instrument manufacturers, software providers and service providers in the market
- Estimating the market size in each country
- Estimating the size of the market in each region by the summation of country-wise markets
- Identifying the upcoming structural health monitoring projects by various companies in different regions and forecasting the market size based on these developments and other critical parameters.
- Arriving at the global market size by the summation of the market size for all regions
To know about the assumptions considered for the study, Request for Free Sample Report
Data Triangulation
After arriving at the overall market size—using the market size estimation processes explained above—the market has been split into several segments and subsegments. To complete the overall market engineering process to arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides.
The main objectives of this study are as follows:
- To define, describe, segment, and forecast the structural health monitoring market, by offering, technology, and end use, in terms of value
- To forecast the market for sensors, which is the subsegment of hardware offerings, in terms of volume
- To describe and forecast the market for various segments, with respect to four main regions, namely, the Americas, Europe, Asia Pacific, and the Rest of the World, in terms of value
- To provide detailed information regarding drivers, restraints, opportunities, and challenges influencing the growth of the structural health monitoring market
- To define and describe implementation methods and applications of structural health monitoring systems
- To provide a detailed overview of the structural health monitoring market’s value chain, along with the ecosystem, technology trends, use cases, regulatory environment, and Porter’s five forces analysis for the market
- To analyze industry trends, pricing data, patents and innovations, and trade data (export and import data) related to the structural health monitoring systems
- To strategically analyze the micro markets with respect to individual growth trends, prospects, and contributions to the total market
- To strategically profile the key players and comprehensively analyze their market share and core competencies
- To analyze opportunities for stakeholders and provide a detailed competitive landscape of the market
- To analyze competitive developments such as product launches/developments, contracts, collaborations, partnerships, agreements, acquisitions, expansions, and research and development (R&D) activities carried out by players in the structural health monitoring market
Available Customizations:
MarketsandMarkets offers the following customizations for this market report:
- Country-wise Information:
- Country-wise breakdown for the Americas, Europe, Asia Pacific, and Rest of the World
- Detailed analysis of various offerings for each country
- Company Information:
- Detailed analysis and profiling of additional market players (up to five)
Generating Response ...
Growth opportunities and latent adjacency in Structural Health Monitoring Market
I've seen that catastrophic failures of the civil structures led to severe losses. SHM is best solution to overcome it. I am researching various aspects of structural health monitoring and this document looks to be of interest. It is possible that extracts from this may be quoted and the reference cited in a forthcoming publication by Construction Industry Research and Information Association (CIRIA).
Because of my new role, I would like to read your analysis and adapt to German and scandinavian markets. It could be useful to find out new market segment to develop in the next years. Can you share sectional infromation? What is the price for that?
I am writing my Master's Thesis on business model innovation through Industry 4.0. The proposed new business models are especially for Structural Health Monitoring divisions. Does the report provide any specific information about how infrastructural developments and investments could create oppportunities for SHM?
I am currently doing research on the sensors and data analytics for structural health monitoring. Does your report include information about recent launcches in the sensors and software for SHM? I am interested in understanding the current and upcoming market potential for the sensors in SHM? Can you provide such information?
We have a structural monitoring project in Istanbul, turkey, and we want to learn global market details to improve our systems. Does the report include all the emerging trends, technological changes, projects in the SHM space?