Structural Health Monitoring Market : Global Industry Analysis, Trends, Market Size, and Forecasts up to 2028

The report on the global structural health monitoring market provides qualitative and quantitative analysis for the period from 2020 to 2028. The report predicts the global structural health monitoring market to grow with a CAGR of over 14% over the forecast period from 2022-2028. The study on the structural health monitoring market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2020 to 2028.

The report on the structural health monitoring market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global structural health monitoring market over the period of 2020 to 2028. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market, and opportunities for the new entrants in the global structural health monitoring market over the period of 2020 to 2028. Further, Growth Matrix gave in the report brings insight into the investment areas that existing or new market players can consider.

Report Findings

1) Drivers

• The increased importance of automated maintenance and repair of critical infrastructures
• Increased focus on structural health monitoring
• Frequent occurrences of natural calamities

2) Restraints

• High installation and monitoring costs

3) Opportunities

• Growth in investments in infrastructure
• Advances in wireless sensor networks

Research Methodology

A) Primary Research

The primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders
2. Internal and External subject matter experts
3. Professionals and participants from the industry

The primary research respondents typically include

1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/country managers
5. Vice President level executives.

B) Secondary Research

Secondary research involves extensive exploration through the secondary sources of information available in both the public domain and paid sources. Each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include

1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered

The global structural health monitoring market is segmented on the basis of component, technology, and end user.

The Global Structural Health Monitoring Market by Component

• Hardware
• Software
• Services

The Global Structural Health Monitoring Market by Technology

• Wired
• Wireless

The Global Structural Health Monitoring Market by End User

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

Company Profiles

The companies covered in the report include

• COWI (Denmark)
• Campbell Scientific (US)
• Geokon (US)
• Nova Metrix LLC (US)
• SGS (Switzerland)
• Acellent Technologies
• Sixense
• Pure Technologies
• Structural Monitoring Systems
• Geocomp

What does this Report Deliver?

1. Comprehensive analysis of the global as well as regional markets of the structural health monitoring market.
2. Complete coverage of all the segments in the structural health monitoring market to analyze the trends, and developments in the global market, and forecast market size up to 2028.
3. Comprehensive analysis of the companies operating in the global structural health monitoring market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand and/or diversify.

This product will be delivered within 1-3 business days.