Global Structural Health Monitoring Market

The global structural health monitoring market is expected to rise at a CAGR of 18.9% during the forecast period 2016-2023. The various factors driving the market of structural health monitoring market includes growing focus on structural health monitoring, obsolete aircraft of international and domestic airlines, decrease of inspection costs and frequent occurrences of natural calamities. However, acceptance of structural health monitoring technologies and data processing and management is hindering the growth of the market.

The global structural health monitoring market is divided into 3 segments that includes technology, solutions and end-users. The technology segment is further divided into two segment that includes Wired Structural Health Monitoring System and Wireless Structural Health Monitoring System. The wireless structural health monitoring system is the dominating segment in 2016. The solution segment is divided into 3 sub segments which include software, hardware and services. The software segment is the dominating segment in 2016. Whereas the end-users of Structural health monitoring include civil, aerospace, defense, energy,mining and Others etc. Civil infrastructure dominates the end-user segment of the structural health monitoring market during the forecast period.

Geographically the structural health monitoring market is divided into north American, Europe, Asia pacific and rest of the world. North America is anticipated to hold the largest share of the structural health monitoring market during the forecast period. The rising usage of composites, quickly aging infrastructure such as bridges in North America, are factors that is driving the growth of the structural health monitoring market in North America.

Companies Mentioned

  • Acellent Technologies Inc. (U.S.)
  • Advitam Inc. (France.)
  • Cowi A/S (Denmark)
  • Digitexx Data Systems, Inc. (U.S.)
  • Exponent , Inc. (U.S.)
  • Geocomp Corporation (U.S.)
  • Geokon, Incorporated (U.S.)
  • Geosig Ltd. (Switzerland)
  • Hottinger Baldwin Messtechnik Gmbh(U.K.)
  • Kinemetrics Inc.(U.S.)
  • National Instruments Corporation (U.S.)
  • Nova Metrix Llc (U.S.)
  • Sodis Lab(Russia)
  • Strainstall Uk Ltd. (Uk)

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Determinants

4. Market Segmentation

5. Competitive Landscape

6. Geographical Analysis

7. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/7rxcpj/global_structural