Global Structural Health Monitoring Market – Vertical Analysis and Forecast (2020-2027) – By Technology, Component, Vertical and Region.

Global Structural Health Monitoring Market – Vertical Analysis and Forecast (2020-2027) – By Technology, Component, Vertical and Region.

Market Scenario

Global Structural Health Monitoring Market size was valued at US$ 1.50 Bn in 2019 and is expected to reach US$ 1.77 Bn by 2027 to exhibit a CAGR of 18.24 % during the forecast period. Global Structural Health Monitoring Market, by TechnologyGlobal Structural Health Monitoring market growth is driven by high capital investments for structural health monitoring across several countries, stringent government regulations relating to sustainability of structures, improved focus on structural health monitoring, outdated infrastructure in Europe and North America, outdated aircraft of domestic & international airlines, decrease of inspection costs, and frequent occurrences of natural calamities. High implementation cost, incorrect results due to errors in readings, slow progress in developing countries restrain the structural health monitoring market growth. Technical challenges and operational factors, the necessity for large amounts of data processing and management and requirement of skilled labors are the major challenges to the growth of the market. Development in investments in infrastructure and advances in wireless sensor networks, use of innovative sensor technologies and integration technology generate ample opportunities for the global structural health monitoring market. Wireless technology is projected to grow at a higher rate during the forecast period because, in wireless technology, the use of wires is eliminated, thus stopping the need for installation and protection of cables is reduced the cost of the wireless structural health monitoring system. Civil infrastructure is expected to grow at a high rate during the forecast period due to civil infrastructure services contain many critical structures, like bridges, dams, tunnels, highways, and buildings. All these structures are directly associated with the whole demographic and economic growth of any country. Also, many governments are taking initiatives to monitor the whole health of the structure. Similarly, major countries in different regions are heavily investing in building new infrastructural facilities. Software and services expected to hold the highest share of the market owing to the growing importance of large civil projects and frequent existences of structural failure, and structural health monitoring systems are becoming more and more essential. The primary approach of any structural health monitoring system is to continuously assemble the data about the whole condition of the structure. To collect the vast data the adaption of modified software applications, software platform, and software algorithms are increased. For example, software such as MATLAB and SCADA play a vital role in early damage detection. They regulate the damage at an early stage and facilitate the required repair to maintain a high level of safety. North America region is expected to hold the largest share of the market during the forecast period owing to the increased use of monitoring systems in the US is the main factor behind the market progress in the Americas. The governments of South and North American countries are taking initiatives for the adoption of monitoring systems in diverse applications. The old infrastructure in the US and fast-growing infrastructure services in Brazil and Canada are driving the market progress in this region. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, vertical-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding global structural health monitoring market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by technology, price, financial position, technology portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in global structural health monitoring market.

Scope of the Global Structural Health Monitoring Market

Global Structural Health Monitoring Market, by Technology:

• Wired • Wireless

Global Structural Health Monitoring Market, by Component:

• Hardware • Software • Services

Global Structural Health Monitoring Market, by Vertical:

• Civil Infrastructure • Aerospace & Defense • Energy • Mining • Others

Global Structural Health Monitoring Market, by Region:

• North America • Europe • Asia-Pacific • Middle East & Africa • South America

Key Players operating in the Global Structural Health Monitoring Market:

• Nova Metrix • Geokon • Campbell Scientific • Cowi • Geocomp • Acellent • Sixense • Pure Technologies • Structural Monitoring Systems • Digitexx • First Sensor • Bridge Diagnostics • Sisgeo • Rst Instruments • Avt Reliability • Geomotion Singapore Global Data Warehouse Market

Table of Contents

Global Structural Health Monitoring Market

1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Structural Health Monitoring Market, by Market Value (US$ Bn) and Market Volume (Units) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7.  Global Structural Health Monitoring Market Industry Trends and Emerging Technologies 4.8. Patent Registration 5. Supply Side and Demand Side Indicators 6. Global Structural Health Monitoring Market Analysis and Forecast 6.1. Global Structural Health Monitoring Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Structural Health Monitoring Market Analysis and Forecast, by Technology 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Structural Health Monitoring Market Value Share Analysis, by Technology 7.4. Global Structural Health Monitoring Market Size (US$ Bn) Forecast, by Technology 7.5. Global Structural Health Monitoring Market Analysis, by Technology 7.6. Global Structural Health Monitoring Market Attractiveness Analysis, by Technology 8. Global Structural Health Monitoring Market Analysis and Forecast, by Component 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Structural Health Monitoring Market Value Share Analysis, by Component 8.4. Global Structural Health Monitoring Market Size (US$ Bn) Forecast, by Component 8.5. Global Structural Health Monitoring Market Analysis, by Component 8.6. Global Structural Health Monitoring Market Attractiveness Analysis, by Component 9. Global Structural Health Monitoring Market Analysis and Forecast, by Vertical 9.1. Introduction and Definition 9.2. Key Findings 9.3. Global Structural Health Monitoring Market Value Share Analysis, by Vertical 9.4. Global Structural Health Monitoring Market Size (US$ Bn) Forecast, by Vertical 9.5. Global Structural Health Monitoring Market Analysis, by Vertical 9.6. Global Structural Health Monitoring Market Attractiveness Analysis, by Vertical 10. Global Structural Health Monitoring Market Analysis, by Region 10.1. Global Structural Health Monitoring Market Value Share Analysis, by Region 10.2. Global Structural Health Monitoring Market Size (US$ Bn) Forecast, by Region 10.3. Global Structural Health Monitoring Market Attractiveness Analysis, by Region 11. North America Structural Health Monitoring Market Analysis 11.1. Key Findings 11.2. North America Structural Health Monitoring Market Overview 11.3. North America Structural Health Monitoring Market Value Share Analysis, by Technology 11.4. North America Structural Health Monitoring Market Forecast, by Technology 11.4.1. Wired 11.4.2. Wireless 11.5. North America Structural Health Monitoring Market Value Share Analysis, by Component 11.6. North America Structural Health Monitoring Market Forecast, by Component 11.6.1. Hardware 11.6.2. Software 11.6.3. Services 11.7. North America Structural Health Monitoring Market Value Share Analysis, by Vertical 11.8. North America Structural Health Monitoring Market Forecast, by Vertical 11.8.1. Civil Infrastructure 11.8.2. Aerospace & Defense 11.8.3. Energy 11.8.4. Mining 11.8.5. Others 11.9. North America Structural Health Monitoring Market Value Share Analysis, by Country 11.10. North America Structural Health Monitoring Market Forecast, by Country 11.10.1. U.S. 11.10.2. Canada 11.11. North America Structural Health Monitoring Market Analysis, by Country 11.12. U.S. Structural Health Monitoring Market Forecast, by Technology 11.12.1. Wired 11.12.2. Wireless 11.13. U.S. Structural Health Monitoring Market Forecast, by Component 11.13.1. Hardware 11.13.2. Software 11.13.3. Services 11.14. U.S. Structural Health Monitoring Market Forecast, by Vertical 11.14.1. Civil Infrastructure 11.14.2. Aerospace & Defense 11.14.3. Energy 11.14.4. Mining 11.14.5. Others 11.15. Canada Structural Health Monitoring Market Forecast, by Technology 11.15.1. Wired 11.15.2. Wireless 11.16. Canada Structural Health Monitoring Market Forecast, by Component 11.16.1. Hardware 11.16.2. Software 11.16.3. Services 11.17. Canada Structural Health Monitoring Market Forecast, by Vertical 11.17.1. Civil Infrastructure 11.17.2. Aerospace & Defense 11.17.3. Energy 11.17.4. Mining 11.17.5. Others 11.18. North America Structural Health Monitoring Market Attractiveness Analysis 11.18.1. By Technology 11.18.2. By Component 11.18.3. By Vertical 11.19. PEST Analysis 11.20. Key Trends 11.21. Key Developments 12. Europe Structural Health Monitoring Market Analysis 12.1. Key Findings 12.2. Europe Structural Health Monitoring Market Overview 12.3. Europe Structural Health Monitoring Market Value Share Analysis, by Technology 12.4. Europe Structural Health Monitoring Market Forecast, by Technology 12.4.1. Wired 12.4.2. Wireless 12.5. Europe Structural Health Monitoring Market Value Share Analysis, by Component 12.6. Europe Structural Health Monitoring Market Forecast, by Component 12.6.1. Hardware 12.6.2. Software 12.6.3. Services 12.7. Europe Structural Health Monitoring Market Value Share Analysis, by Vertical 12.8. Europe Structural Health Monitoring Market Forecast, by Vertical 12.8.1. Civil Infrastructure 12.8.2. Aerospace & Defense 12.8.3. Energy 12.8.4. Mining 12.8.5. Others 12.9. Europe Structural Health Monitoring Market Value Share Analysis, by Country 12.10. Europe Structural Health Monitoring Market Forecast, by Country 12.10.1. Germany 12.10.2. U.K. 12.10.3. France 12.10.4. Italy 12.10.5. Spain 12.10.6. Rest of Europe 12.11. Europe Structural Health Monitoring Market Analysis, by Country 12.12. Germany Structural Health Monitoring Market Forecast, by Technology 12.12.1. Wired 12.12.2. Wireless 12.13. Germany Structural Health Monitoring Market Forecast, by Component 12.13.1. Hardware 12.13.2. Software 12.13.3. Services 12.14. Germany Structural Health Monitoring Market Forecast, by Vertical 12.14.1. Civil Infrastructure 12.14.2. Aerospace & Defense 12.14.3. Energy 12.14.4. Mining 12.14.5. Others 12.15. U.K. Structural Health Monitoring Market Forecast, by Technology 12.15.1. Wired 12.15.2. Wireless 12.16. U.K. Structural Health Monitoring Market Forecast, by Component 12.16.1. Hardware 12.16.2. Software 12.16.3. Services 12.17. U.K. Structural Health Monitoring Market Forecast, by Vertical 12.17.1. Civil Infrastructure 12.17.2. Aerospace & Defense 12.17.3. Energy 12.17.4. Mining 12.17.5. Others 12.18. France Structural Health Monitoring Market Forecast, by Technology 12.18.1. Wired 12.18.2. Wireless 12.19. France Structural Health Monitoring Market Forecast, by Component 12.19.1. Hardware 12.19.2. Software 12.19.3. Services 12.20. France Structural Health Monitoring Market Forecast, by Vertical 12.20.1. Civil Infrastructure 12.20.2. Aerospace & Defense 12.20.3. Energy 12.20.4. Mining 12.20.5. Others 12.21. Italy Structural Health Monitoring Market Forecast, by Technology 12.21.1. Wired 12.21.2. Wireless 12.22. Italy Structural Health Monitoring Market Forecast, by Component 12.22.1. Hardware 12.22.2. Software 12.22.3. Services 12.23. Italy Structural Health Monitoring Market Forecast, by Vertical 12.23.1. Civil Infrastructure 12.23.2. Aerospace & Defense 12.23.3. Energy 12.23.4. Mining 12.23.5. Others 12.24. Spain Structural Health Monitoring Market Forecast, by Technology 12.24.1. Wired 12.24.2. Wireless 12.25. Spain Structural Health Monitoring Market Forecast, by Component 12.25.1. Hardware 12.25.2. Software 12.25.3. Services 12.26. Spain Structural Health Monitoring Market Forecast, by Vertical 12.26.1. Civil Infrastructure 12.26.2. Aerospace & Defense 12.26.3. Energy 12.26.4. Mining 12.26.5. Others 12.27. Rest of Europe Structural Health Monitoring Market Forecast, by Technology 12.27.1. Wired 12.27.2. Wireless 12.28. Rest of Europe Structural Health Monitoring Market Forecast, by Component 12.28.1. Hardware 12.28.2. Software 12.28.3. Services 12.29. Rest of Europe Structural Health Monitoring Market Forecast, by Vertical 12.29.1. Civil Infrastructure 12.29.2. Aerospace & Defense 12.29.3. Energy 12.29.4. Mining 12.29.5. Others 12.30. Europe Structural Health Monitoring Market Attractiveness Analysis 12.30.1. By Technology 12.30.2. By Component 12.30.3. By Vertical 12.31. PEST Analysis 12.32. Key Trends 12.33. Key Developments 13. Asia Pacific Structural Health Monitoring Market Analysis 13.1. Key Findings 13.2. Asia Pacific Structural Health Monitoring Market Overview 13.3. Asia Pacific Structural Health Monitoring Market Value Share Analysis, by Technology 13.4. Asia Pacific Structural Health Monitoring Market Forecast, by Technology 13.4.1. Wired 13.4.2. Wireless 13.5. Asia Pacific Structural Health Monitoring Market Value Share Analysis, by Component 13.6. Asia Pacific Structural Health Monitoring Market Forecast, by Component 13.6.1. Hardware 13.6.2. Software 13.6.3. Services 13.7. Asia Pacific Structural Health Monitoring Market Value Share Analysis, by Vertical 13.8. Asia Pacific Structural Health Monitoring Market Forecast, by Vertical 13.8.1. Civil Infrastructure 13.8.2. Aerospace & Defense 13.8.3. Energy 13.8.4. Mining 13.8.5. Others 13.9. Asia Pacific Structural Health Monitoring Market Value Share Analysis, by Country 13.10. Asia Pacific Structural Health Monitoring Market Forecast, by Country 13.10.1. China 13.10.2. India 13.10.3. Japan 13.10.4. ASEAN 13.10.5. Rest of Asia Pacific 13.11. Asia Pacific Structural Health Monitoring Market Analysis, by Country 13.12. China Structural Health Monitoring Market Forecast, by Technology 13.12.1. Wired 13.12.2. Wireless 13.13. China Structural Health Monitoring Market Forecast, by Component 13.13.1. Hardware 13.13.2. Software 13.13.3. Services 13.14. China Structural Health Monitoring Market Forecast, by Vertical 13.14.1. Civil Infrastructure 13.14.2. Aerospace & Defense 13.14.3. Energy 13.14.4. Mining 13.14.5. Others 13.15. India Structural Health Monitoring Market Forecast, by Technology 13.15.1. Wired 13.15.2. Wireless 13.16. India Structural Health Monitoring Market Forecast, by Component 13.16.1. Hardware 13.16.2. Software 13.16.3. Services 13.17. India Structural Health Monitoring Market Forecast, by Vertical 13.17.1. Civil Infrastructure 13.17.2. Aerospace & Defense 13.17.3. Energy 13.17.4. Mining 13.17.5. Others 13.18. Japan Structural Health Monitoring Market Forecast, by Technology 13.18.1. Wired 13.18.2. Wireless 13.19. Japan Structural Health Monitoring Market Forecast, by Component 13.19.1. Hardware 13.19.2. Software 13.19.3. Services 13.20. Japan Structural Health Monitoring Market Forecast, by Vertical 13.20.1. Civil Infrastructure 13.20.2. Aerospace & Defense 13.20.3. Energy 13.20.4. Mining 13.20.5. Others 13.21. ASEAN Structural Health Monitoring Market Forecast, by Technology 13.21.1. Wired 13.21.2. Wireless 13.22. ASEAN Structural Health Monitoring Market Forecast, by Component 13.22.1. Hardware 13.22.2. Software 13.22.3. Services 13.23. ASEAN Structural Health Monitoring Market Forecast, by Vertical 13.23.1. Civil Infrastructure 13.23.2. Aerospace & Defense 13.23.3. Energy 13.23.4. Mining 13.23.5. Others 13.24. Rest of Asia Pacific Structural Health Monitoring Market Forecast, by Technology 13.24.1. Wired 13.24.2. Wireless 13.25. Rest of Asia Pacific Structural Health Monitoring Market Forecast, by Component 13.25.1. Hardware 13.25.2. Software 13.25.3. Services 13.26. Rest of Asia Pacific Structural Health Monitoring Market Forecast, by Vertical 13.26.1. Civil Infrastructure 13.26.2. Aerospace & Defense 13.26.3. Energy 13.26.4. Mining 13.26.5. Others 13.27. Asia Pacific Structural Health Monitoring Market Attractiveness Analysis 13.27.1. By Technology 13.27.2. By Component 13.27.3. By Vertical 13.28. PEST Analysis 13.29. Key Trends 13.30. Key Developments 14. Middle East & Africa Structural Health Monitoring Market Analysis 14.1. Key Findings 14.2. Middle East & Africa Structural Health Monitoring Market Overview 14.3. Middle East & Africa Structural Health Monitoring Market Value Share Analysis, by Technology 14.4. Middle East & Africa Structural Health Monitoring Market Forecast, by Technology 14.4.1. Wired 14.4.2. Wireless 14.5. Middle East & Africa Structural Health Monitoring Market Value Share Analysis, by Component 14.6. Middle East & Africa Structural Health Monitoring Market Forecast, by Component 14.6.1. Hardware 14.6.2. Software 14.6.3. Services 14.7. Middle East & Africa Structural Health Monitoring Market Value Share Analysis, by Vertical 14.8. Middle East & Africa Structural Health Monitoring Market Forecast, by Vertical 14.8.1. Civil Infrastructure 14.8.2. Aerospace & Defense 14.8.3. Energy 14.8.4. Mining 14.8.5. Others 14.9. Middle East & Africa Structural Health Monitoring Market Value Share Analysis, by Country 14.10. Middle East & Africa Structural Health Monitoring Market Forecast, by Country 14.10.1. GCC 14.10.2. South Africa 14.10.3. Rest of Middle East & Africa 14.11. Middle East & Africa Structural Health Monitoring Market Analysis, by Country 14.12. GCC Structural Health Monitoring Market Forecast, by Technology 14.12.1. Wired 14.12.2. Wireless 14.13. GCC Structural Health Monitoring Market Forecast, by Component 14.13.1. Hardware 14.13.2. Software 14.13.3. Services 14.14. GCC Structural Health Monitoring Market Forecast, by Vertical 14.14.1. Civil Infrastructure 14.14.2. Aerospace & Defense 14.14.3. Energy 14.14.4. Mining 14.14.5. Others 14.15. South Africa Structural Health Monitoring Market Forecast, by Technology 14.15.1. Wired 14.15.2. Wireless 14.16. South Africa Structural Health Monitoring Market Forecast, by Component 14.16.1. Hardware 14.16.2. Software 14.16.3. Services 14.17. South Africa Structural Health Monitoring Market Forecast, by Vertical 14.17.1. Civil Infrastructure 14.17.2. Aerospace & Defense 14.17.3. Energy 14.17.4. Mining 14.17.5. Others 14.18. Rest of Middle East & Africa Structural Health Monitoring Market Forecast, by Technology 14.18.1. Wired 14.18.2. Wireless 14.19. Rest of Middle East & Africa Structural Health Monitoring Market Forecast, by Component 14.19.1. Hardware 14.19.2. Software 14.19.3. Services 14.20. Rest of Middle East & Africa Structural Health Monitoring Market Forecast, by Vertical 14.20.1. Civil Infrastructure 14.20.2. Aerospace & Defense 14.20.3. Energy 14.20.4. Mining 14.20.5. Others 14.21. Middle East & Africa Structural Health Monitoring Market Attractiveness Analysis 14.21.1. By Technology 14.21.2. By Component 14.21.3. By Vertical 14.22. PEST Analysis 14.23. Key Trends 14.24. Key Developments 15. South America Structural Health Monitoring Market Analysis 15.1. Key Findings 15.2. South America Structural Health Monitoring Market Overview 15.3. South America Structural Health Monitoring Market Value Share Analysis, by Technology 15.4. South America Structural Health Monitoring Market Forecast, by Technology 15.4.1. Wired 15.4.2. Wireless 15.5. South America Structural Health Monitoring Market Value Share Analysis, by Component 15.6. South America Structural Health Monitoring Market Forecast, by Component 15.6.1. Hardware 15.6.2. Software 15.6.3. Services 15.7. South America Structural Health Monitoring Market Value Share Analysis, by Vertical 15.8. South America Structural Health Monitoring Market Forecast, by Vertical 15.8.1. Civil Infrastructure 15.8.2. Aerospace & Defense 15.8.3. Energy 15.8.4. Mining 15.8.5. Others 15.9. South America Structural Health Monitoring Market Value Share Analysis, by Country 15.10. South America Structural Health Monitoring Market Forecast, by Country 15.10.1. Brazil 15.10.2. Mexico 15.10.3. Rest of South America 15.11. South America Structural Health Monitoring Market Analysis, by Country 15.12. Brazil Structural Health Monitoring Market Forecast, by Technology 15.12.1. Wired 15.12.2. Wireless 15.13. Brazil Structural Health Monitoring Market Forecast, by Component 15.13.1. Hardware 15.13.2. Software 15.13.3. Services 15.14. Brazil Structural Health Monitoring Market Forecast, by Vertical 15.14.1. Civil Infrastructure 15.14.2. Aerospace & Defense 15.14.3. Energy 15.14.4. Mining 15.14.5. Others 15.15. Mexico Structural Health Monitoring Market Forecast, by Technology 15.15.1. Wired 15.15.2. Wireless 15.16. Mexico Structural Health Monitoring Market Forecast, by Component 15.16.1. Hardware 15.16.2. Software 15.16.3. Services 15.17. Mexico Structural Health Monitoring Market Forecast, by Vertical 15.17.1. Civil Infrastructure 15.17.2. Aerospace & Defense 15.17.3. Energy 15.17.4. Mining 15.17.5. Others 15.18. Rest of South America Structural Health Monitoring Market Forecast, by Technology 15.18.1. Wired 15.18.2. Wireless 15.19. Rest of South America Structural Health Monitoring Market Forecast, by Component 15.19.1. Hardware 15.19.2. Software 15.19.3. Services 15.20. Rest of South America Structural Health Monitoring Market Forecast, by Vertical 15.20.1. Civil Infrastructure 15.20.2. Aerospace & Defense 15.20.3. Energy 15.20.4. Mining 15.20.5. Others 15.21. South America Structural Health Monitoring Market Attractiveness Analysis 15.21.1. By Technology 15.21.2. By Component 15.21.3. By Vertical 15.22. PEST Analysis 15.23. Key Trends 15.24. Key Developments 16. Company Profiles 16.1. Market Share Analysis, by Company 16.2. Competition Matrix 16.2.1. Competitive Benchmarking of key players by price, presence, market share, Vertical and R&D investment 16.2.2. New Product Launches and Product Enhancements 16.2.3. Market Consolidation 16.2.3.1. M&A by Regions, Investment and Vertical 16.2.3.2. M&A Key Players, Forward Integration and Backward Integration 16.3. Company Profiles: Key Players 16.3.1. Nova Metrix 16.3.1.1. Company Overview 16.3.1.2. Financial Overview 16.3.1.3. Product Portfolio 16.3.1.4. Business Strategy 16.3.1.5. Recent Developments 16.3.1.6. Deployments Footprints 16.3.2. Geokon 16.3.3. Campbell Scientific 16.3.4. Cowi 16.3.5. Geocomp 16.3.6. Acellent 16.3.7. Sixense 16.3.8. Pure Technologies 16.3.9. Structural Monitoring Systems 16.3.10. Digitexx 16.3.11. First Sensor 16.3.12. Bridge Diagnostics 16.3.13. Sisgeo 16.3.14. Rst Instruments 16.3.15. Avt Reliability 16.3.16. Geomotion Singapore 17. Primary Key Insights

About This Report

Report ID25216
Published DateJAN 2020
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