出版：MarketsandMarkets（マーケッツアンドマーケッツ） 出版年月：2024年4月
Structural Health Monitoring Market – Global Forecast To 2029
構造ヘルスモニタリング市場 : オファリング（ハードウェア、ソフトウェア＆サービス）、テクノロジー（有線、無線）、垂直（都市インフラ、航空宇宙＆防衛、エネルギー、鉱業）、実装、用途＆地域別 – 2029年までの世界予測
Structural health monitoring Market by Offering (Hardware, Software & Services), Technology (Wired, Wireless), Vertical (Civil Infrastructure, Aerospace & Defense, Energy, Mining), Implementation, Application and Region – Global Forecast to 2029
| ページ数 | 246 |
| 図表数 | 253 |
| 価格 | |
| シングルユーザライセンス | USD 4,950 |
| マルチユーザライセンス（5名） | USD 6,650 |
| コーポレートライセンス | USD 8,150 |
| エンタープライズサイトライセンス | USD 10,000 |
| 種別 | 英文調査報告書 |
Report Overview
The global structural health monitoring market was valued at USD 2.5 billion in 2024 and is projected to reach USD 4.1 billion by 2029; it is expected to register a CAGR of 10.4% during the forecast period.
世界の構造ヘルスモニタリング市場は、2024 年に 25 億米ドルと評価され、2029 年までに 41 億米ドルに達すると予測されています。予測期間中に 10.4% の CAGR を記録すると予想されます。
The market’s growth is driven by several key factors, including the rising significance of automated maintenance and repair for critical infrastructures, the far-reaching consequences of structural failures leading to loss of lives and capital, substantial investments in the infrastructure sector, stringent government regulations promoting sustainable construction practices, aging infrastructure prompting the adoption of structural health monitoring, and the cost efficiencies associated with the structural health monitoring industry.
“The hardware segment to hold the largest share during the forecast period.”
The hardware segment is anticipated to hold the largest share of the structural health monitoring market, primarily due to its integral role in measuring the physical properties of structures under surveillance. Within the hardware segment, sensors play a crucial role in collecting data for structural health monitoring systems. Wired structural health monitoring systems, which involve physical connections between sensors and data acquisition systems, are known for their stability and accuracy in data acquisition, making them a preferred choice for critical infrastructure monitoring applications.
“the wired technology segment to record largest market share during the forecast period.”
The wired technology holds a substantial market share in structural health monitoring. Wired systems establish physical connections between sensors and data acquisition units, providing a dependable and well-established approach to monitoring structural integrity. This method is frequently employed for overseeing extensive structures with stringent safety and durability criteria such as bridges, buildings, chimneys, offshore platforms, and nuclear facilities. Wired solutions are recognized for their stability and precision in data collection, making them a favored option for critical infrastructure monitoring where reliability and accuracy are paramount.
“The Aerospace & Defence is likely to grow at the highest CAGR during the forecast period.”
The Aerospace & Defense vertical is expected to experience highest market growth in the field of structural health monitoring. This growth is attributed to the non-destructive inspection of critical components in the aerospace industry to ensure safety and reliability. Companies like Testia and CURTISS-WRIGHT are prominent players in this sector, emphasizing the importance of structural health monitoring for aerospace applications. The rise in investments in infrastructure, particularly in the aerospace and defense sectors, is driving the demand for advanced monitoring systems to enhance safety and operational efficiency
“The Europe segment is likely to grow at the third highest CAGR during the forecast period.”
The European market for structural health monitoring market is experiencing significant growth, primarily attributed to several factors. The European structural health monitoring (SHM) market is poised for substantial growth due to multiple converging factors. Firstly, aging infrastructure across Europe, including bridges and transportation networks, necessitates proactive management through SHM to detect issues early and prevent costly failures. Secondly, increased government investment in infrastructure renovation projects presents opportunities for integrating SHM solutions to ensure infrastructure longevity and safety. Thirdly, stringent safety regulations drive the demand for SHM by providing continuous monitoring data to ensure compliance and prioritize public safety. Furthermore, SHM contributes to sustainability goals by extending the lifespan of structures and optimizing resource utilization. Technological advancements in sensor technology and digitalization in construction enhance the accessibility and integration of SHM solutions. Additionally, growing awareness and expertise, focus on non-destructive testing, cost benefits, and applications beyond traditional infrastructure further fuel the growth of the SHM market in Europe.
Breakdown of primaries
The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
• By Company Type – Tier 1 – 50%, Tier 2 – 30%, Tier 3 – 20%
• By Designation— C-level Executives – 35%, Directors – 30%, Others – 35%
• By Region—North America – 40%, Europe – 25%, Asia Pacific – 20%, RoW – 15%
The structural health monitoring market is dominated by a few globally established players such as COWI A/S (Denmark), Campbell Scientific (US), Geokon (US), Nova Metrix LLC (US), SGS SA (Switzerland), Trimble Inc. (US), Structural Monitoring Systems PLC (Australia), Sixense (France), Digitexx Data Systems, Inc. (US), and Acellent Technologies, Inc. (US). The study includes an in-depth competitive analysis of these key players in the structural health monitoring market, with their company profiles, recent developments, and key market strategies.
Research Coverage:
The report segments the structural health monitoring market and forecasts its size by offering, by technology, implementation, application, vertical, and region. The report also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. It gives a detailed view of the market across four main regions—North America, Europe, Asia Pacific, and RoW. Supply chain analysis has been included in the report, along with the key players and their competitive analysis in the structural health monitoring ecosystem.
Key Benefits to Buy the Report:
• Analysis of key drivers (automation in maintenance & repair of infrastructure, loss of life and capital due to structural failures, increasing infrastructure investments,government regulations pertaining to sustainable structures, aging infrastructure and benefits associated with structural health monitoring, reduced costs of structural health monitoring systems). Restraint (high installation and monitoring costs, inaccurate results owing to errors in readings, slow adoption of structural health monitoring in developing countries). Opportunity (integration of advanced solutions for structural health monitoring, growing opportunities in Asia Pacific and GCC countries, advancements in sensor technologies, increasing investments in oil & gas and major energy projects). Challenges (dearth of skilled operators for installation and calibration of instruments, poor site conditions, technical challenges and operational factors, processing and management of large volumes of data)
• Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new productand services launches in the structural health monitoring market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the structural health monitoring market across varied regions
• Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the structural health monitoring market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like COWI A/S (Denmark), Campbell Scientific (US), Geokon (US), Nova Metrix LLC (US), SGS SA (Switzerland), Trimble Inc. (US), Structural Monitoring Systems PLC (Australia), Sixense (France), Digitexx Data Systems, Inc. (US), and Acellent Technologies, Inc. (US) among others in the structural health monitoring market.
Table of Contents
1 INTRODUCTION 35
1.1 STUDY OBJECTIVES 35
1.2 MARKET DEFINITION 36
1.3 STUDY SCOPE 36
1.3.1 MARKETS COVERED 36
FIGURE 1 STRUCTURAL HEALTH MONITORING MARKET SEGMENTATION 36
1.3.2 REGIONAL SCOPE 37
1.3.3 YEARS CONSIDERED 37
1.3.4 INCLUSIONS AND EXCLUSIONS 38
1.4 CURRENCY CONSIDERED 38
1.5 UNITS CONSIDERED 38
1.6 LIMITATIONS 38
1.7 STAKEHOLDERS 39
1.8 SUMMARY OF CHANGES 39
1.9 IMPACT OF RECESSION 40
2 RESEARCH METHODOLOGY 41
2.1 RESEARCH DATA 41
FIGURE 2 STRUCTURAL HEALTH MONITORING MARKET: RESEARCH DESIGN 42
2.1.1 SECONDARY DATA 42
2.1.1.1 List of key secondary sources 43
2.1.1.2 Key data from secondary sources 43
2.1.2 PRIMARY DATA 43
2.1.2.1 List of primary interview participants 44
2.1.2.2 Key data from primary sources 44
2.1.2.3 Key industry insights 45
2.1.2.4 Breakdown of primaries 45
2.1.3 SECONDARY AND PRIMARY RESEARCH 46
2.2 MARKET SIZE ESTIMATION METHODOLOGY 46
2.2.1 BOTTOM-UP APPROACH 47
2.2.1.1 Approach to arrive at market size using bottom-up analysis
(demand side) 47
FIGURE 3 STRUCTURAL HEALTH MONITORING MARKET: BOTTOM-UP APPROACH 47
FIGURE 4 STRUCTURAL HEALTH MONITORING MARKET SIZE ESTIMATION: DEMAND-SIDE ANALYSIS 48
2.2.2 TOP-DOWN APPROACH 48
2.2.2.1 Approach to arrive at market size using top-down analysis
(supply side) 48
FIGURE 5 STRUCTURAL HEALTH MONITORING MARKET: TOP-DOWN APPROACH 49
FIGURE 6 STRUCTURAL HEALTH MONITORING MARKET SIZE ESTIMATION: SUPPLY-SIDE ANALYSIS 49
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 50
FIGURE 7 STRUCTURAL HEALTH MONITORING MARKET: DATA TRIANGULATION 50
2.4 RESEARCH ASSUMPTIONS 51
TABLE 1 STRUCTURAL HEALTH MONITORING MARKET: RESEARCH ASSUMPTIONS 51
2.5 RISK ASSESSMENT 51
TABLE 2 STRUCTURAL HEALTH MONITORING MARKET: RISK ASSESSMENT 51
2.6 RECESSION IMPACT 52
TABLE 3 STRUCTURAL HEALTH MONITORING MARKET: RECESSION IMPACT 52
2.7 RESEARCH LIMITATIONS 52
FIGURE 8 STRUCTURAL HEALTH MONITORING MARKET: RESEARCH LIMITATIONS 52
3 EXECUTIVE SUMMARY 53
FIGURE 9 STRUCTURAL HEALTH MONITORING MARKET SIZE, 2020–2029 (USD MILLION) 54
FIGURE 10 HARDWARE OFFERINGS TO ACCOUNT FOR LARGER MARKET SHARE IN 2024 54
FIGURE 11 WIRED TECHNOLOGY TO DOMINATE STRUCTURAL HEALTH MONITORING MARKET BETWEEN 2024 AND 2029 55
FIGURE 12 CIVIL INFRASTRUCTURE VERTICAL TO HOLD LARGEST MARKET SHARE IN 2029 55
FIGURE 13 ASIA PACIFIC TO EXHIBIT HIGHEST CAGR IN STRUCTURAL HEALTH MONITORING MARKET FROM 2024 TO 2029 56
4 PREMIUM INSIGHTS 57
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN STRUCTURAL HEALTH MONITORING MARKET 57
FIGURE 14 RISING NEED TO MONITOR AGING INFRASTRUCTURE TO PROVIDE LUCRATIVE OPPORTUNITIES FOR PLAYERS IN STRUCTURAL HEALTH MONITORING MARKET 57
4.2 STRUCTURAL HEALTH MONITORING MARKET, BY OFFERING 57
FIGURE 15 HARDWARE TO ACCOUNT FOR LARGER SHARE OF STRUCTURAL HEALTH MONITORING MARKET, BY OFFERING, IN 2029 57
4.3 STRUCTURAL HEALTH MONITORING MARKET, BY VERTICAL 58
FIGURE 16 CIVIL INFRASTRUCTURE TO DOMINATE MARKET FROM 2024 TO 2029 58
4.4 STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY 58
FIGURE 17 WIRED TECHNOLOGY TO ACCOUNT FOR LARGER MARKET SHARE THAN WIRELESS TECHNOLOGY IN 2029 58
4.5 STRUCTURAL HEALTH MONITORING MARKET, BY REGION 59
FIGURE 18 NORTH AMERICA TO DOMINATE STRUCTURAL HEALTH MONITORING MARKET DURING FORECAST PERIOD 59
5 MARKET OVERVIEW 60
5.1 INTRODUCTION 60
5.2 MARKET DYNAMICS 60
FIGURE 19 STRUCTURAL HEALTH MONITORING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 60
5.2.1 DRIVERS 61
5.2.1.1 Rising automation of structural repair and maintenance processes 61
5.2.1.2 Increasing number of structurally deficient bridges 61
FIGURE 20 NUMBER OF STRUCTURALLY DEFICIENT BRIDGES IN US, 2019–2023 62
5.2.1.3 Surging investment in infrastructure development projects 62
5.2.1.4 Increasing focus on developing advanced tools to ensure building safety 63
5.2.1.5 Growing concern about aging infrastructure 63
5.2.1.6 Rising adoption of micro-electromechanical systems and fiber optic sensors 64
FIGURE 21 IMPACT ANALYSIS: DRIVERS 64
5.2.2 RESTRAINTS 65
5.2.2.1 High installation and monitoring costs 65
5.2.2.2 Inaccurate readings due to design & calibration errors 65
TABLE 4 DESIGN AND CALIBRATION ERRORS AND CORRECTIVE MEASURES 65
5.2.2.3 Insufficient infrastructure investments in developing countries 65
FIGURE 22 IMPACT ANALYSIS: RESTRAINTS 66
5.2.3 OPPORTUNITIES 66
5.2.3.1 Introduction of AI-powered infrastructure asset management solutions 66
5.2.3.2 Population growth in emerging economies 66
5.2.3.3 Rapid advancement in sensor technologies 67
5.2.3.4 Increased funding for oil & gas projects 67
FIGURE 23 IMPACT ANALYSIS: OPPORTUNITIES 68
5.2.4 CHALLENGES 68
5.2.4.1 Shortage of highly skilled operators 68
5.2.4.2 Harsh weather and adverse site conditions 68
5.2.4.3 Complex installation processes 69
5.2.4.4 Difficulties in managing large volumes of data 69
FIGURE 24 IMPACT ANALYSIS: CHALLENGES 69
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 70
FIGURE 25 STRUCTURAL HEALTH MONITORING MARKET: TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 70
5.4 PRICING ANALYSIS 70
5.4.1 AVERAGE SELLING PRICE OF STRUCTURAL HEALTH MONITORING SENSORS OFFERED BY KEY PLAYERS, BY TYPE 71
FIGURE 26 AVERAGE SELLING PRICE OF STRUCTURAL HEALTH MONITORING SENSORS OFFERED BY KEY PLAYERS, BY TYPE (USD) 71
TABLE 5 AVERAGE SELLING PRICE OF STRUCTURAL HEALTH MONITORING SENSORS OFFERED BY KEY PLAYERS, BY TYPE (USD) 71
5.4.2 AVERAGE SELLING PRICE OF STRUCTURAL HEALTH MONITORING HARDWARE PRODUCTS, BY REGION 72
FIGURE 27 AVERAGE SELLING PRICE OF STRUCTURAL HEALTH MONITORING HARDWARE PRODUCTS, BY REGION (USD) 72
5.5 SUPPLY CHAIN ANALYSIS 73
FIGURE 28 STRUCTURAL HEALTH MONITORING MARKET: SUPPLY CHAIN ANALYSIS 73
5.6 ECOSYSTEM ANALYSIS 74
TABLE 6 ROLE OF COMPANIES IN STRUCTURAL HEALTH MONITORING ECOSYSTEM 74
5.7 INVESTMENT AND FUNDING SCENARIO 75
FIGURE 29 STRUCTURAL HEALTH MONITORING MARKET: INVESTMENT AND FUNDING SCENARIO 75
5.8 TECHNOLOGY ANALYSIS 76
5.8.1 KEY TECHNOLOGY 76
5.8.1.1 Data acquisition systems (DAS) 76
5.8.2 COMPLEMENTARY TECHNOLOGIES 76
5.8.2.1 Non-destructive testing (NDT) 76
5.8.2.2 Building information modeling (BIM) 76
5.8.3 ADJACENT TECHNOLOGIES 77
5.8.3.1 Digital twins 77
5.8.3.2 Robotics and drones 77
5.9 PATENT ANALYSIS 78
FIGURE 30 STRUCTURAL HEALTH MONITORING MARKET: PATENTS APPLIED AND GRANTED, 2014–2023 78
FIGURE 31 STRUCTURAL HEALTH MONITORING MARKET: ANALYSIS OF PATENTS GRANTED IN US AND EUROPE 79
TABLE 7 STRUCTURAL HEALTH MONITORING MARKET: LIST OF PATENTS, 2020–2023 79
5.10 TRADE ANALYSIS 81
5.10.1 IMPORT SCENARIO 81
FIGURE 32 IMPORT DATA FOR HS CODE 9015-COMPLIANT MEASURING AND SURVEYING INSTRUMENTS, 2018–2022 81
5.10.2 EXPORT SCENARIO 82
FIGURE 33 EXPORT DATA FOR HS CODE 9015-COMPLIANT MEASURING AND SURVEYING INSTRUMENTS, 2018–2022 82
5.11 KEY CONFERENCES AND EVENTS, 2024–2025 82
TABLE 8 STRUCTURAL HEALTH MONITORING MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2024–2025 82
5.12 CASE STUDY ANALYSIS 83
5.12.1 KSEB PLANS TO INSTALL SAFETY AND RISK MANAGEMENT SOLUTIONS TO AVOID DAM FAILURE 83
5.12.2 ENCARDIO RITE OBTAINS CONTRACT TO PROVIDE ROCK MONITORING SOLUTIONS FOR IDENTIFYING FAULT ZONES 84
5.12.3 GEOCOMP PROVIDES MONITORING SERVICES TO EVALUATE IMPACT OF BRIDGE CONSTRUCTION ON ADJACENT STRUCTURES 84
5.13 TARIFF AND REGULATORY LANDSCAPE 85
5.13.1 TARIFF ANALYSIS 85
TABLE 9 MFN TARIFF FOR HS CODE 9015-COMPLIANT PRODUCTS EXPORTED BY US, 2023 85
5.13.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 86
TABLE 10 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 86
TABLE 11 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 86
TABLE 12 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 87
TABLE 13 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 87
5.14 PORTER’S FIVE FORCES ANALYSIS 88
FIGURE 34 STRUCTURAL HEALTH MONITORING MARKET: PORTER’S FIVE FORCES ANALYSIS 88
FIGURE 35 STRUCTURAL HEALTH MONITORING MARKET: PORTER’S FIVE FORCES IMPACT ANALYSIS 89
TABLE 14 STRUCTURAL HEALTH MONITORING MARKET: PORTER’S FIVE FORCES ANALYSIS, 2023 89
5.14.1 THREAT OF NEW ENTRANTS 89
5.14.2 THREAT OF SUBSTITUTES 89
5.14.3 BARGAINING POWER OF SUPPLIERS 90
5.14.4 BARGAINING POWER OF BUYERS 90
5.14.5 INTENSITY OF COMPETITIVE RIVALRY 90
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA 90
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS 90
FIGURE 36 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS 90
TABLE 15 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS (%) 91
5.15.2 BUYING CRITERIA 91
FIGURE 37 KEY BUYING CRITERIA FOR TOP THREE VERTICALS 91
TABLE 16 KEY BUYING CRITERIA FOR TOP THREE VERTICALS 91
6 IMPLEMENTATION METHODS FOR STRUCTURAL
HEALTH MONITORING SYSTEMS 92
6.1 INTRODUCTION 92
FIGURE 38 IMPLEMENTATION METHODS OF STRUCTURAL HEALTH MONITORING SYSTEMS 92
6.2 NEW CONSTRUCTION 92
6.3 RETROFITTING 93
7 APPLICATIONS OF STRUCTURAL HEALTH MONITORING SYSTEMS 95
7.1 INTRODUCTION 95
FIGURE 39 APPLICATIONS OF STRUCTURAL HEALTH MONITORING SYSTEMS 95
TABLE 17 APPLICATIONS, MONITORING PURPOSE, AND INSTRUMENTS USED IN STRUCTURAL HEALTH MONITORING 95
7.2 CRACK DETECTION 96
7.3 DAMAGE DETECTION 97
7.4 IMPACT MONITORING 97
7.5 CORROSION MONITORING 97
7.6 STRAIN MONITORING 98
7.7 HOTSPOT MONITORING 98
7.8 STATE SENSING 99
7.9 MULTI-MODAL SENSING 99
7.10 PRESSURE MONITORING 99
7.11 LEAKAGE DETECTION 99
7.12 DEFLECTION MONITORING 100
7.13 HURRICANE & EARTHQUAKE MONITORING 100
8 STRUCTURAL HEALTH MONITORING MARKET, BY OFFERING 101
8.1 INTRODUCTION 102
FIGURE 40 STRUCTURAL HEALTH MONITORING MARKET, BY OFFERING 102
TABLE 18 STRUCTURAL HEALTH MONITORING MARKET, BY OFFERING, 2020–2023 (USD MILLION) 102
TABLE 19 STRUCTURAL HEALTH MONITORING MARKET, BY OFFERING, 2024–2029 (USD MILLION) 102
FIGURE 41 HARDWARE SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE IN 2029 103
8.2 HARDWARE 103
TABLE 20 HARDWARE: STRUCTURAL HEALTH MONITORING MARKET, BY REGION, 2020–2023 (USD MILLION) 104
TABLE 21 HARDWARE: STRUCTURAL HEALTH MONITORING MARKET, BY REGION, 2024–2029 (USD MILLION) 104
TABLE 22 HARDWARE: STRUCTURAL HEALTH MONITORING MARKET, BY TYPE, 2020–2023 (USD MILLION) 104
TABLE 23 HARDWARE: STRUCTURAL HEALTH MONITORING MARKET, BY TYPE, 2024–2029 (USD MILLION) 105
FIGURE 42 SENSORS TO DOMINATE MARKET FOR HARDWARE DURING FORECAST PERIOD 105
8.2.1 SENSORS 105
TABLE 24 HARDWARE: STRUCTURAL HEALTH MONITORING MARKET FOR SENSORS, BY REGION, 2020–2023 (USD MILLION) 106
TABLE 25 HARDWARE: STRUCTURAL HEALTH MONITORING MARKET FOR SENSORS, BY REGION, 2024–2029 (USD MILLION) 106
TABLE 26 HARDWARE: STRUCTURAL HEALTH MONITORING MARKET FOR SENSORS, BY SENSOR TYPE, 2020–2023 (USD MILLION) 107
TABLE 27 HARDWARE: STRUCTURAL HEALTH MONITORING MARKET FOR SENSORS, BY SENSOR TYPE, 2024–2029 (USD MILLION) 107
TABLE 28 HARDWARE: STRUCTURAL HEALTH MONITORING MARKET FOR SENSORS, BY SENSOR TYPE, 2020–2023 (THOUSAND UNITS) 108
TABLE 29 HARDWARE: STRUCTURAL HEALTH MONITORING MARKET FOR SENSORS, BY SENSOR TYPE, 2024–2029 (THOUSAND UNITS) 108
8.2.1.1 Accelerometers 108
8.2.1.1.1 Need to measure gravity or dynamic loads and vibrations due to forces to fuel segmental growth 108
8.2.1.2 Displacement sensors 109
8.2.1.2.1 Adoption of linear variable differential transformers to monitor crack displacement to augment segmental growth 109
8.2.1.3 Tilt meters & inclinometers 109
8.2.1.3.1 Application of tilt meters & inclinometers in parallel displacement measurement to foster segmental growth 109
8.2.1.4 Strain gauges 110
8.2.1.4.1 Use of strain gauges to detect variations in strain distribution across structures to contribute to segmental growth 110
8.2.1.5 Corrosion sensors 110
8.2.1.5.1 Implementation of corrosion sensors for predictive maintenance analysis to facilitate segmental growth 110
8.2.1.6 Temperature sensors 110
8.2.1.6.1 Need to reduce cracking and spalling of structures due to sudden temperature changes to expedite segmental growth 110
8.2.1.7 Other sensor types 110
8.2.2 DATA ACQUISITION SYSTEMS 111
8.2.2.1 Adoption of data acquisition systems for real-time, remote monitoring of structures to accelerate market growth 111
TABLE 30 DATA ACQUISITION SYSTEMS: STRUCTURAL HEALTH MONITORING MARKET, BY REGION, 2020–2023 (USD MILLION) 111
TABLE 31 DATA ACQUISITION SYSTEMS: STRUCTURAL HEALTH MONITORING MARKET, BY REGION, 2024–2029 (USD MILLION) 111
8.2.3 OTHER HARDWARE TYPES 112
TABLE 32 OTHER HARDWARE TYPES: STRUCTURAL HEALTH MONITORING MARKET, BY REGION, 2020–2023 (USD MILLION) 112
TABLE 33 OTHER HARDWARE TYPES: STRUCTURAL HEALTH MONITORING MARKET, BY REGION, 2024–2029 (USD MILLION) 112
8.3 SOFTWARE & SERVICES 113
8.3.1 REQUIREMENT FOR SOFTWARE AND SERVICES FOR EARLY STRUCTURAL DAMAGE DETECTION TO FOSTER SEGMENTAL GROWTH 113
8.3.2 PRE-INSTALLATION SERVICES 113
8.3.3 POST-INSTALLATION SERVICES 113
TABLE 34 SOFTWARE & SERVICES: STRUCTURAL HEALTH MONITORING MARKET, BY REGION, 2020–2023 (USD MILLION) 114
TABLE 35 SOFTWARE & SERVICES: STRUCTURAL HEALTH MONITORING MARKET, BY REGION, 2024–2029 (USD MILLION) 114
9 STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY 115
9.1 INTRODUCTION 116
FIGURE 43 STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY 116
TABLE 36 STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 116
TABLE 37 STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 117
FIGURE 44 WIRED TECHNOLOGY TO HOLD LARGER SHARE OF STRUCTURAL HEALTH MONITORING MARKET IN 2029 117
9.2 WIRED 117
9.2.1 LOW RISK OF DATA LOSS TO BOOST ADOPTION OF WIRED STRUCTURAL HEALTH MONITORING SYSTEMS 117
TABLE 38 WIRED: STRUCTURAL HEALTH MONITORING MARKET, BY REGION, 2020–2023 (USD MILLION) 118
TABLE 39 WIRED: STRUCTURAL HEALTH MONITORING MARKET, BY REGION, 2024–2029 (USD MILLION) 118
9.3 WIRELESS 119
9.3.1 HIGH EFFICIENCY AND LOW MAINTENANCE COSTS TO FUEL DEMAND FOR WIRELESS STRUCTURAL HEALTH MANAGEMENT SYSTEMS 119
TABLE 40 WIRELESS: STRUCTURAL HEALTH MONITORING MARKET, BY REGION, 2020–2023 (USD MILLION) 119
TABLE 41 WIRELESS: STRUCTURAL HEALTH MONITORING MARKET, BY REGION, 2024–2029 (USD MILLION) 120
10 STRUCTURAL HEALTH MONITORING MARKET, BY VERTICAL 121
10.1 INTRODUCTION 122
FIGURE 45 STRUCTURAL HEALTH MONITORING MARKET, BY VERTICAL 122
FIGURE 46 CIVIL INFRASTRUCTURE VERTICAL TO ACCOUNT FOR LARGEST MARKET SHARE IN 2029 123
TABLE 42 STRUCTURAL HEALTH MONITORING MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 123
TABLE 43 STRUCTURAL HEALTH MONITORING MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 123
10.2 CIVIL INFRASTRUCTURE 124
10.2.1 REQUIREMENT FOR REGULAR MONITORING OF CIVIL INFRASTRUCTURE TO CURB REPLACEMENT COSTS TO FUEL SEGMENTAL GROWTH 124
10.2.2 BRIDGES 124
10.2.3 TUNNELS 124
10.2.4 DAMS 124
10.2.5 BUILDINGS & STADIUMS 125
TABLE 44 MAJOR CIVIL INFRASTRUCTURE PROJECTS 125
FIGURE 47 CIVIL INFRASTRUCTURE TO RECORD HIGHEST CAGR IN STRUCTURAL HEALTH MONITORING MARKET IN ASIA PACIFIC DURING FORECAST PERIOD 126
TABLE 45 CIVIL INFRASTRUCTURE: STRUCTURAL HEALTH MONITORING MARKET, BY REGION, 2020–2023 (USD MILLION) 126
TABLE 46 CIVIL INFRASTRUCTURE: STRUCTURAL HEALTH MONITORING MARKET, BY REGION, 2024–2029 (USD MILLION) 127
10.3 AEROSPACE & DEFENSE 127
10.3.1 NEED TO MINIMIZE RISK OF AIRCRAFT STRUCTURAL FAILURES TO ACCELERATE SEGMENTAL GROWTH 127
TABLE 47 MAJOR AEROSPACE & DEFENSE PROJECTS 128
FIGURE 48 AEROSPACE & DEFENSE VERTICAL TO ACCOUNT FOR LARGEST SHARE OF NORTH AMERICAN MARKET IN 2029 128
TABLE 48 AEROSPACE & DEFENSE: STRUCTURAL HEALTH MONITORING MARKET, BY REGION, 2020–2023 (USD MILLION) 129
TABLE 49 AEROSPACE & DEFENSE: STRUCTURAL HEALTH MONITORING MARKET, BY REGION, 2024–2029 (USD MILLION) 129
10.4 ENERGY 129
10.4.1 DEVELOPMENT OF WIND AND NUCLEAR ENERGY PROJECTS TO BOOST SEGMENTAL GROWTH 129
TABLE 50 MAJOR ENERGY PROJECTS 130
FIGURE 49 ENERGY VERTICAL TO EXHIBIT HIGHEST CAGR IN STRUCTURAL HEALTH MONITORING MARKET IN ASIA PACIFIC DURING FORECAST PERIOD 130
TABLE 51 ENERGY: STRUCTURAL HEALTH MONITORING MARKET, BY REGION, 2020–2023 (USD MILLION) 131
TABLE 52 ENERGY: STRUCTURAL HEALTH MONITORING MARKET, BY REGION, 2024–2029 (USD MILLION) 131
10.5 MINING 131
10.5.1 USE OF HEAVY ROTATING MACHINES IN MINING OPERATIONS TO FACILITATE SEGMENTAL GROWTH 131
TABLE 53 MAJOR MINING PROJECTS 132
FIGURE 50 MINING VERTICAL TO HOLD LARGEST SHARE OF STRUCTURAL HEALTH MONITORING MARKET IN EUROPE IN 2029 132
TABLE 54 MINING: STRUCTURAL HEALTH MONITORING MARKET, BY REGION, 2020–2023 (USD MILLION) 132
TABLE 55 MINING: STRUCTURAL HEALTH MONITORING MARKET, BY REGION, 2024–2029 (USD MILLION) 133
10.6 OTHER VERTICALS 133
TABLE 56 MAJOR INDUSTRIAL MACHINERY, MARINE, AND AUTOMOTIVE & TRANSPORTATION PROJECTS 133
FIGURE 51 OTHER VERTICALS TO DOMINATE MARKET IN NORTH AMERICA BETWEEN 2024 AND 2029 134
TABLE 57 OTHER VERTICALS: STRUCTURAL HEALTH MONITORING MARKET, BY REGION, 2020–2023 (USD MILLION) 134
TABLE 58 OTHER VERTICALS: STRUCTURAL HEALTH MONITORING MARKET, BY REGION, 2024–2029 (USD MILLION) 135
11 STRUCTURAL HEALTH MONITORING MARKET, BY REGION 136
11.1 INTRODUCTION 137
FIGURE 52 STRUCTURAL HEALTH MONITORING MARKET, BY REGION 137
FIGURE 53 INDIA TO EXHIBIT HIGHEST CAGR IN GLOBAL STRUCTURAL HEALTH MONITORING MARKET DURING FORECAST PERIOD 138
FIGURE 54 NORTH AMERICA TO DOMINATE STRUCTURAL HEALTH MONITORING MARKET FROM 2024 TO 2029 138
TABLE 59 STRUCTURAL HEALTH MONITORING MARKET, BY REGION, 2020–2023 (USD MILLION) 139
TABLE 60 STRUCTURAL HEALTH MONITORING MARKET, BY REGION, 2024–2029 (USD MILLION) 139
11.2 NORTH AMERICA 140
11.2.1 RECESSION IMPACT ON STRUCTURAL HEALTH MONITORING MARKET IN NORTH AMERICA 140
FIGURE 55 NORTH AMERICA: RECESSION IMPACT ANALYSIS 141
FIGURE 56 NORTH AMERICA: STRUCTURAL HEALTH MONITORING MARKET SNAPSHOT 142
TABLE 61 NORTH AMERICA: STRUCTURAL HEALTH MONITORING MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 142
TABLE 62 NORTH AMERICA: STRUCTURAL HEALTH MONITORING MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 143
TABLE 63 NORTH AMERICA: STRUCTURAL HEALTH MONITORING MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 143
TABLE 64 NORTH AMERICA: STRUCTURAL HEALTH MONITORING MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 143
TABLE 65 NORTH AMERICA: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 144
TABLE 66 NORTH AMERICA: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 144
TABLE 67 NORTH AMERICA: STRUCTURAL HEALTH MONITORING MARKET, BY OFFERING, 2020–2023 (USD MILLION) 144
TABLE 68 NORTH AMERICA: STRUCTURAL HEALTH MONITORING MARKET, BY OFFERING, 2024–2029 (USD MILLION) 144
TABLE 69 NORTH AMERICA: STRUCTURAL HEALTH MONITORING MARKET FOR HARDWARE, BY TYPE, 2020–2023 (USD MILLION) 145
TABLE 70 NORTH AMERICA: STRUCTURAL HEALTH MONITORING MARKET FOR HARDWARE, BY TYPE, 2024–2029 (USD MILLION) 145
11.2.2 US 145
11.2.2.1 Rising infrastructure and economic developments to drive market 145
TABLE 71 US: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 146
TABLE 72 US: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 146
11.2.3 CANADA 146
11.2.3.1 Increasing investments in highway construction to contribute to market growth 146
TABLE 73 CANADA: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 147
TABLE 74 CANADA: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 147
11.2.4 MEXICO 147
11.2.4.1 Growing emphasis on new infrastructure development to foster market growth 147
TABLE 75 MEXICO: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 148
TABLE 76 MEXICO: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 148
11.3 EUROPE 148
11.3.1 RECESSION IMPACT ON STRUCTURAL HEALTH MONITORING MARKET IN EUROPE 148
FIGURE 57 EUROPE: RECESSION IMPACT ANALYSIS 149
FIGURE 58 EUROPE: STRUCTURAL HEALTH MONITORING MARKET SNAPSHOT 150
TABLE 77 EUROPE: STRUCTURAL HEALTH MONITORING MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 151
TABLE 78 EUROPE: STRUCTURAL HEALTH MONITORING MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 151
TABLE 79 EUROPE: STRUCTURAL HEALTH MONITORING MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 152
TABLE 80 EUROPE: STRUCTURAL HEALTH MONITORING MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 152
TABLE 81 EUROPE: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 152
TABLE 82 EUROPE: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 153
TABLE 83 EUROPE: STRUCTURAL HEALTH MONITORING MARKET, BY OFFERING, 2020–2023 (USD MILLION) 153
TABLE 84 EUROPE: STRUCTURAL HEALTH MONITORING MARKET, BY OFFERING, 2024–2029 (USD MILLION) 153
TABLE 85 EUROPE: STRUCTURAL HEALTH MONITORING MARKET FOR HARDWARE, BY TYPE, 2020–2023 (USD MILLION) 153
TABLE 86 EUROPE: STRUCTURAL HEALTH MONITORING MARKET FOR HARDWARE, BY TYPE, 2024–2029 (USD MILLION) 154
11.3.2 UK 154
11.3.2.1 Surging adoption of advanced monitoring systems to detect structural failures at early stage to augment market growth 154
TABLE 87 UK: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 154
TABLE 88 UK: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 155
11.3.3 GERMANY 155
11.3.3.1 Growing population and new construction projects to facilitate market growth 155
TABLE 89 GERMANY: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 155
TABLE 90 GERMANY: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 155
11.3.4 FRANCE 156
11.3.4.1 Rising investments in transport and industrial sectors to fuel market growth 156
TABLE 91 FRANCE: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 156
TABLE 92 FRANCE: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 156
11.3.5 ITALY 156
11.3.5.1 Increasing number of large construction projects to propel market 156
TABLE 93 ITALY: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 157
TABLE 94 ITALY: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 157
11.3.6 NETHERLANDS 157
11.3.6.1 Growing concern about aging infrastructure to boost demand 157
TABLE 95 NETHERLANDS: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 158
TABLE 96 NETHERLANDS: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 158
11.3.7 REST OF EUROPE 158
TABLE 97 REST OF EUROPE: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 158
TABLE 98 REST OF EUROPE: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 159
11.4 ASIA PACIFIC 159
11.4.1 RECESSION IMPACT ON STRUCTURAL HEALTH MONITORING MARKET IN ASIA PACIFIC 159
FIGURE 59 ASIA PACIFIC: RECESSION IMPACT ANALYSIS 160
FIGURE 60 ASIA PACIFIC: STRUCTURAL HEALTH MONITORING MARKET SNAPSHOT 161
TABLE 99 ASIA PACIFIC: STRUCTURAL HEALTH MONITORING MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 162
TABLE 100 ASIA PACIFIC: STRUCTURAL HEALTH MONITORING MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 162
TABLE 101 ASIA PACIFIC: STRUCTURAL HEALTH MONITORING MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 163
TABLE 102 ASIA PACIFIC: STRUCTURAL HEALTH MONITORING MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 163
TABLE 103 ASIA PACIFIC: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 163
TABLE 104 ASIA PACIFIC: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 164
TABLE 105 ASIA PACIFIC: STRUCTURAL HEALTH MONITORING MARKET, BY OFFERING, 2020–2023 (USD MILLION) 164
TABLE 106 ASIA PACIFIC: STRUCTURAL HEALTH MONITORING MARKET, BY OFFERING, 2024–2029 (USD MILLION) 164
TABLE 107 ASIA PACIFIC: STRUCTURAL HEALTH MONITORING MARKET FOR HARDWARE, BY TYPE, 2020–2023 (USD MILLION) 164
TABLE 108 ASIA PACIFIC: STRUCTURAL HEALTH MONITORING MARKET FOR HARDWARE, BY TYPE, 2024–2029 (USD MILLION) 165
11.4.2 CHINA 165
11.4.2.1 Enforcement of strict regulations to ensure structural safety to drive market 165
TABLE 109 CHINA: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 165
TABLE 110 CHINA: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 166
11.4.3 JAPAN 166
11.4.3.1 High investments in large-scale infrastructure projects to expedite market growth 166
TABLE 111 JAPAN: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 166
TABLE 112 JAPAN: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 167
11.4.4 SOUTH KOREA 167
11.4.4.1 Increased skyscraper construction to contribute to market growth 167
TABLE 113 SOUTH KOREA: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 167
TABLE 114 SOUTH KOREA: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 167
11.4.5 INDIA 168
11.4.5.1 Government-led infrastructure investments to accelerate market growth 168
TABLE 115 INDIA: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 168
TABLE 116 INDIA: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 168
11.4.6 SINGAPORE 168
11.4.6.1 Construction of new subway lines to expedite market growth 168
TABLE 117 SINGAPORE: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 169
TABLE 118 SINGAPORE: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 169
11.4.7 REST OF ASIA PACIFIC 169
TABLE 119 REST OF ASIA PACIFIC: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 170
TABLE 120 REST OF ASIA PACIFIC: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 170
11.5 ROW 170
11.5.1 RECESSION IMPACT ON STRUCTURAL HEALTH MONITORING MARKET IN ROW 170
FIGURE 61 ROW: RECESSION IMPACT ANALYSIS 171
FIGURE 62 ROW: STRUCTURAL HEALTH MONITORING MARKET SNAPSHOT 172
TABLE 121 ROW: STRUCTURAL HEALTH MONITORING MARKET, BY REGION, 2020–2023 (USD MILLION) 172
TABLE 122 ROW: STRUCTURAL HEALTH MONITORING MARKET, BY REGION, 2024–2029 (USD MILLION) 173
TABLE 123 ROW: STRUCTURAL HEALTH MONITORING MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 173
TABLE 124 ROW: STRUCTURAL HEALTH MONITORING MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 173
TABLE 125 ROW: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 174
TABLE 126 ROW: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 174
TABLE 127 ROW: STRUCTURAL HEALTH MONITORING MARKET, BY OFFERING, 2020–2023 (USD MILLION) 174
TABLE 128 ROW: STRUCTURAL HEALTH MONITORING MARKET, BY OFFERING, 2024–2029 (USD MILLION) 174
TABLE 129 ROW: STRUCTURAL HEALTH MONITORING MARKET FOR HARDWARE, BY TYPE, 2020–2023 (USD MILLION) 175
TABLE 130 ROW: STRUCTURAL HEALTH MONITORING MARKET FOR HARDWARE, BY TYPE, 2024–2029 (USD MILLION) 175
11.5.2 SOUTH AMERICA 175
11.5.2.1 Rising construction of dams and bridges to contribute to market growth 175
TABLE 131 SOUTH AMERICA: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 176
TABLE 132 SOUTH AMERICA: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 176
11.5.3 MIDDLE EAST & AFRICA 176
TABLE 133 MIDDLE EAST & AFRICA: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 177
TABLE 134 MIDDLE EAST & AFRICA: STRUCTURAL HEALTH MONITORING MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 177
TABLE 135 MIDDLE EAST & AFRICA: STRUCTURAL HEALTH MONITORING MARKET, BY GEOGRAPHY, 2020–2023 (USD MILLION) 177
TABLE 136 MIDDLE EAST & AFRICA: STRUCTURAL HEALTH MONITORING MARKET, BY GEOGRAPHY, 2024–2029 (USD MILLION) 177
11.5.3.1 GCC countries 178
11.5.3.1.1 Rising focus on managing essential infrastructure assets to propel market 178
11.5.3.2 Rest of Middle East & Africa 178
12 COMPETITIVE LANDSCAPE 179
12.1 OVERVIEW 179
12.2 STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2023 179
TABLE 137 OVERVIEW OF STRATEGIES ADOPTED BY KEY MID- AND HIGH-LEVEL PLAYERS IN STRUCTURAL HEALTH MONITORING MARKET, 2020–2023 179
12.3 REVENUE ANALYSIS OF KEY PLAYERS, 2019–2023 181
FIGURE 63 REVENUE ANALYSIS OF FIVE KEY PLAYERS, 2019–2023 181
12.4 MARKET SHARE ANALYSIS, 2023 182
FIGURE 64 STRUCTURAL HEALTH MONITORING MARKET SHARE ANALYSIS, 2023 182
TABLE 138 STRUCTURAL HEALTH MONITORING MARKET: DEGREE OF COMPETITION, 2023 182
12.5 COMPANY VALUATION AND FINANCIAL METRICS 184
FIGURE 65 COMPANY VALUATION, 2023 (USD BILLION) 184
FIGURE 66 FINANCIAL METRICS (EV/EBITDA), 2023 184
12.6 BRAND/PRODUCT COMPARISON 185
FIGURE 67 BRAND/PRODUCT COMPARISON 185
12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 186
FIGURE 68 STRUCTURAL HEALTH MONITORING MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023 186
12.7.1 STARS 187
12.7.2 EMERGING LEADERS 187
12.7.3 PERVASIVE PLAYERS 187
12.7.4 PARTICIPANTS 187
12.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 188
12.7.5.1 Overall footprint 188
FIGURE 69 STRUCTURAL HEALTH MONITORING MARKET: OVERALL FOOTPRINT 188
12.7.5.2 Offering footprint 189
TABLE 139 STRUCTURAL HEALTH MONITORING MARKET: OFFERING FOOTPRINT 189
12.7.5.3 Technology footprint 189
TABLE 140 STRUCTURAL HEALTH MONITORING MARKET: TECHNOLOGY FOOTPRINT 189
12.7.5.4 Vertical footprint 190
TABLE 141 STRUCTURAL HEALTH MONITORING MARKET: VERTICAL FOOTPRINT 190
12.7.5.5 Region footprint 191
TABLE 142 STRUCTURAL HEALTH MONITORING MARKET: REGION FOOTPRINT 191
12.8 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023 192
FIGURE 70 STRUCTURAL HEALTH MONITORING: COMPANY EVALUATION MATRIX (START-UPS/SMES), 2023 192
12.8.1 PROGRESSIVE COMPANIES 192
12.8.2 RESPONSIVE COMPANIES 192
12.8.3 DYNAMIC COMPANIES 193
12.8.4 STARTING BLOCKS 193
12.8.5 COMPETITIVE BENCHMARKING: START-UPS/SMES, 2023 193
12.8.5.1 List of key start-ups/SMEs 193
TABLE 143 STRUCTURAL HEALTH MONITORING MARKET: LIST OF KEY START-UPS/SMES 193
12.8.5.2 Competitive benchmarking of key start-ups/SMEs 194
TABLE 144 STRUCTURAL HEALTH MONITORING MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES 194
12.9 COMPETITIVE SCENARIOS AND TRENDS 195
12.9.1 PRODUCT LAUNCHES 195
TABLE 145 STRUCTURAL HEALTH MONITORING MARKET: PRODUCT LAUNCHES, MARCH 2020–DECEMBER 2023 195
12.9.2 DEALS 198
TABLE 146 STRUCTURAL HEALTH MONITORING MARKET: DEALS, MARCH 2020–DECEMBER 2023 198
12.9.3 OTHERS 202
TABLE 147 STRUCTURAL HEALTH MONITORING MARKET: OTHERS, MARCH 2020–DECEMBER 2023 202
13 COMPANY PROFILES 203
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
13.1 KEY PLAYERS 203
13.1.1 COWI A/S 203
TABLE 148 COWI A/S: COMPANY OVERVIEW 203
FIGURE 71 COWI A/S: COMPANY SNAPSHOT 204
TABLE 149 COWI A/S: PRODUCTS/SOLUTIONS/SERVICES OFFERED 204
TABLE 150 COWI A/S: DEALS 205
TABLE 151 COWI A/S: OTHERS 206
13.1.2 CAMPBELL SCIENTIFIC, INC. 208
TABLE 152 CAMPBELL SCIENTIFIC, INC.: COMPANY OVERVIEW 208
TABLE 153 CAMPBELL SCIENTIFIC, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 208
TABLE 154 CAMPBELL SCIENTIFIC, INC.: PRODUCT LAUNCHES 210
TABLE 155 CAMPBELL SCIENTIFIC, INC.: DEALS 211
13.1.3 GEOKON 212
TABLE 156 GEOKON: COMPANY OVERVIEW 212
TABLE 157 GEOKON: PRODUCTS/SOLUTIONS/SERVICES OFFERED 213
TABLE 158 GEOKON: PRODUCT LAUNCHES 213
TABLE 159 GEOKON: DEALS 214
13.1.4 NOVA METRIX 216
TABLE 160 NOVA METRIX: COMPANY OVERVIEW 216
TABLE 161 NOVA METRIX: PRODUCTS/SOLUTIONS/SERVICES OFFERED 217
TABLE 162 NOVA METRIX: PRODUCT LAUNCHES 218
13.1.5 SGS SA 220
TABLE 163 SGS SA: COMPANY OVERVIEW 220
FIGURE 72 SGS SA: COMPANY SNAPSHOT 221
TABLE 164 SGS SA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 221
TABLE 165 SGS SA: DEALS 222
13.1.6 TRIMBLE INC. 224
TABLE 166 TRIMBLE INC.: COMPANY OVERVIEW 224
FIGURE 73 TRIMBLE INC.: COMPANY SNAPSHOT 225
TABLE 167 TRIMBLE INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 225
TABLE 168 TRIMBLE INC.: PRODUCT LAUNCHES 226
TABLE 169 TRIMBLE INC.: DEALS 227
13.1.7 SIXENSE 229
TABLE 170 SIXENSE: COMPANY OVERVIEW 229
TABLE 171 SIXENSE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 229
TABLE 172 SIXENSE: DEALS 230
TABLE 173 SIXENSE: OTHERS 230
13.1.8 STRUCTURAL MONITORING SYSTEMS PLC. 231
TABLE 174 STRUCTURAL MONITORING SYSTEMS PLC.: COMPANY OVERVIEW 231
FIGURE 74 STRUCTURAL MONITORING SYSTEMS PLC.: COMPANY SNAPSHOT 231
TABLE 175 STRUCTURAL MONITORING SYSTEMS PLC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 232
13.1.9 ACELLENT TECHNOLOGIES, INC. 233
TABLE 176 ACELLENT TECHNOLOGIES, INC.: COMPANY OVERVIEW 233
TABLE 177 ACELLENT TECHNOLOGIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 233
13.1.10 DIGITEXX DATA SYSTEMS, INC. 234
TABLE 178 DIGITEXX DATA SYSTEMS, INC.: COMPANY OVERVIEW 234
TABLE 179 DIGITEXX DATA SYSTEMS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 234
13.2 OTHER PLAYERS 236
13.2.1 FIRST SENSOR AG 236
13.2.2 BDI 237
13.2.3 SISGEO 238
13.2.4 RST INSTRUMENTS LTD. 239
13.2.5 AVT RELIABILITY 240
13.2.6 GEOMOTION SINGAPORE 241
13.2.7 STRAINSTALL ( JAMES FISHER AND SONS PLC.) 242
13.2.8 HBK 242
13.2.9 KINEMETRICS 243
13.2.10 FEAC ENGINEERING P.C. 243
13.2.11 EFI GLOBAL, INC. 244
13.2.12 SENSURON 244
13.2.13 INFIBRA TECHNOLOGIES 245
13.2.14 SODIS LAB 245
13.2.15 SET POINT TECHNOLOGIES 246
13.2.16 MISTRAS GROUP 246
13.2.17 METIS DESIGN CORPORATION 247
13.2.18 GEOSIG LTD. 247
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
14 APPENDIX 248
14.1 INSIGHTS FROM INDUSTRY EXPERTS 248
14.2 DISCUSSION GUIDE 248
14.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 251
14.4 CUSTOMIZATION OPTIONS 253
14.5 RELATED REPORTS 253
14.6 AUTHOR DETAILS 254