The global structural health monitoring (SHM) market report includes a comprehensive analysis of the present market. The report starts with the basic cloud data integration market overview and then goes into each and every detail.
Structural health monitoring (SHM) is a tool that helps engineers improve the safety and maintainability of critical structures. Several detection technologies are combined with integrated measurement controllers to process and analyze data in real time. The basic functions performed by SHM are to monitor and test the health and performance of structures that include bridges, dams, buildings, stadiums, machinery and large equipment. SHM implements a damage identification strategy for several structures that helps prevent future damage. SHM is used to measure the tension in the blades of wind turbines, and the control of temperature and tension in the rails.
The global structural health monitoring (SHM) market is expected to grow at a CAGR of +18%.
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Top Key Players:
The Top Vendors of the structural health monitoring (SHM) market are National Instruments Corporation, Advitam Inc., Digitexx Data Systems, Inc., Acellent Technologies, Inc., Strainstall UK Limited (James Fisher & Sons PLC.), Nova Metrix LLC., COWI A/S, Geocomp Corporation., Hottinger Baldwin Messtechnik GmbH, and Kinemetrics Inc.
As industries across the world go through a phase of infrastructure change, large projects are being carried out to achieve this change. In addition, a growing number of sporting events such as the Olympic Games and the FIFA World Cup are creating a demand for infrastructure, including stadiums. Governments are promoting the use of SHM since it increases the security of the infrastructure. In addition, large projects such as smart cities are using SHM to monitor the state of the infrastructure in general. These projects present a great opportunity for the structural health monitoring (SHM) market to grow.
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- This report provides an in-depth analysis of the global structural health monitoring market to identify the potential investment pockets.
- It outlines the current trends and future scenarios to determine the overall market potential and gain stronger market foothold.
- Key drivers, restraints, and opportunities and their detailed impact analysis are elucidated.
- Quantitative analysis of the structural health monitoring market from 2016 to 2023 is highlighted to recognize the financial competency of the market.
- Porters Five Forces model illustrates the threat of new entrants, threat of substitutes, and strength of the buyers & suppliers.
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Table of Content:
Global Structural Health Monitoring (SHM) Market Research Report
- Market Overview of Global Structural Health Monitoring (SHM) Market
- Competition Analysis by Players
- Company (Top Players) Profiles
- Market Size by Type and Application
- US Market Status and Outlook
- EU Structural Health Monitoring (SHM) Market Status and Outlook
- Japan Market Development Status and Outlook
- China Market Status and Outlook
- India Global Structural Health Monitoring (SHM) Market Status and Outlook
- Southeast Asia Market Status and Outlook
- Market Forecast by Region, Type and Application
- Market Dynamics
- Structural Health Monitoring (SHM) Market Effect Factor Analysis
- Research Finding/ Conclusion
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