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Structural Health Monitoring Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023

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Global Structural Health Monitoring Market: Snapshot

Structural Health Monitoring is an essential device for specialists to evaluate the safety of basic design structures. Structural health monitoring systems contain various detecting technologies with an incorporated estimation controller to catch and break down a tremendous measure of constant information. These systems are intended to screen and additionally test the health and execution of structures such as large equipment and machinery, platforms and vessels, wind turbines, air frames, dams and bridges, and stadiums and buildings. The basic estimations in structural health monitoring incorporate strain and vibration that are measured through different sensors, information procurement frameworks, and equipment and programming solutions.

The rising demand for financially savvy infrastructure maintenance has pushed the development of the global market for structural health monitoring. Expanding worries about questionable natural catastrophes, for instance, earthquake have driven governments of countries to implement several rules with respect to structural health monitoring. For instance, nations such as Indonesia and Japan are susceptible to quakes and subsequently, structural health monitoring over these areas is high sought after to guarantee safety for public. Every one of these components are likely to support the development of the worldwide structural health monitoring market.

Nevertheless, expensive structural health monitoring is foreseen to limit the market's development amid the forecast period. Administration of humongous amount of information, alongside the shortage of specialists to address the specialized and operational issues in incorporating the systems will have an adverse impact on the progress of the market.

Global Structural Health Monitoring Market

Structural health monitoring is an important tool for engineers to assess the safety of critical architectural structures. Structural health monitoring systems comprise of a number of sensing technologies with an integrated measurement controller to capture and analyze a vast amount of real-time data. These systems are designed to monitor as well as test the health and performance of structures such as buildings and stadiums, bridges and dams, air frames, wind turbines, vessels and platforms, and large machinery and equipment. The common measurements in structural health monitoring include vibration and strain that are measured through various sensors, data acquisition systems, and hardware and software solutions.

Rapid expansion of the infrastructure sector has fuelled the demand for structural health monitoring. Structural health monitoring can be classified into portable testing and continuous monitoring. While portable testing systems are installed temporarily to analyze the current condition of a structure and its components, continuous monitoring systems are collect ongoing information about the health of a structure. In terms of technology, the global structural health monitoring market has been categorized into wired and wireless structural health monitoring systems. Wireless structural health monitoring systems offer ease and convenience and hence, are more in demand. Market players are focusing on addressing the compatibility issues between different structural health monitoring sensors. The wireless sensors have also different operational mode, transmission bandwidth, and real-time ability variance. Research activities are being carried out to understand the difference between the energy consumption requirements of different applications in structural health monitoring to develop next-generation wireless sensors. Currently, the various sensors used in structural health monitoring include piezoelectric vibration, dip angle, optical fiber strain, resistance strain, acoustic emission, and stress measurement sensors.                                                                  

Global Structural Health Monitoring Market: Overview                        

The growing demand for cost-effective infrastructure maintenance has propelled the growth of the global structural health monitoring market. Increasing concerns about uncertain natural calamities such as earthquake have led governments across nations to implement various regulations regarding structural health monitoring. For example, countries such as Japan and Indonesia are prone to earthquakes and hence, structural health monitoring across these regions is high in demand to ensure public safety. All these factors are expected to boost the growth of the global structural health monitoring market.

However, the high cost of structural health monitoring system is anticipated to restrain the market’s growth during the forecast horizon. Management of huge amount of data, along with the dearth of experts to address the technical and operational issues in integrating the system will also negatively affect the growth of the market.

Global Structural Health Monitoring Market: Region-wise Outlook                                         

The global structural monitoring market has been segmented into four key regions: Europe, North America, Asia Pacific, and Rest of the World. High technological advancements and awareness about structural health monitoring across North America and Europe have contributed towards the growth of the market. In the coming years, Asia Pacific is expected to grow significantly due to the rapid growth of the construction sector and the introduction of government regulations regarding structural health monitoring of newly built architectural structures in countries such as China.

Some of the key players in the global structural health monitoring market are Geokon Incorporated, COWI A/S, Digitexx Data Systems Inc., Advitam, CTLGroup, Acellent Technologies Inc., and Exponent Inc. The key players are investing hugely

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  • Market segments and sub-segments
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The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, North Africa)

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A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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  • Market segmentation up to the second or third level
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  • Reporting and evaluation of recent industry developments
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