Structural Health Monitoring (SHM) Systems
Market
Structural Health Monitoring (SHM) Systems Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Structural Health Monitoring (SHM) Systems Market Size and Growth
The global Structural Health Monitoring (SHM) Systems market is expected to grow at a steady pace due to an increase in infrastructure development projects and the need for regular maintenance. The market size is estimated to reach USD 2.9 billion by 2025, with Asia-Pacific region leading the growth.
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Companies Covered
(Covid 19 Impact Covered)
◍ Advitam Inc
◍ COWI A/S
◍ Geocomp Corp
◍ Geokon, Incorporated
◍ Nova Metrix LLC
◍ Acellent Technologies Inc
◍ Hottinger Baldwin Messtechnik GmbH (HBM)
◍ Sodis Lab
◍ Strainstall UK Ltd
◍ Digitexx Data Systems, Inc
◍ Geosig Ltd
◍ National Instruments Corp
◍ Kinemetrics Inc
The Structural Health Monitoring (SHM) Systems Market is highly competitive with companies like Advitam Inc, COWI A/S, Geocomp Corp, and Geokon, Inc. providing innovative solutions. These companies use SHM systems for infrastructure monitoring, asset management, and risk mitigation, contributing to market growth. Sales revenue figures for some companies: Geosig Ltd - $5 million, National Instruments Corp - $2.3 billion, Acellent Technologies Inc - $10 million.
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Market Segmentation
By Application
Civil
Aerospace & Defense
Energy
Mining
Others
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By Product
Wired Structural Health Monitoring System
Wireless Structural Health Monitoring System
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Market Growth
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$ X Billion USD
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