FMI develops a list of industry players

Structural Health Monitoring Market Analysis

The Structural Health Monitoring market is expected to witness substantial revenue growth during the forecast period owing to mounting infrastructural development across the globe, as well as increasing government initiatives towards the standardisation of Structural Health Monitoring systems. Advancements in wireless technology are also expected to be among important factors driving the Structural Health Monitoring market owing to ease of connectivity, communication and control of Structural Health Monitoring systems. Structural Health Monitoring has critical applications in large structures such as bridges, dams, buildings and construction infrastructure, which are prone to intense load during their lifetime, especially during natural calamities such as earthquakes, typhoons, cyclones, etc.

The global Structural Health Monitoring report starts with an overview of the Structural Health Monitoring market in terms of value. In addition, this section includes an analysis of key trends, drivers and restraints from the supply, demand and economy side, which are influencing the Structural Health Monitoring market.

On the basis of the component, the Structural Health Monitoring market is segmented into hardware (sensors, data acquisition system and others), software (design & analysis, parameter identification & tracking and others) and services (installation services, design & consulting services, operation & maintenance services).