Structural Health Monitoring (SHM) Market By Solution, By Application (Bridges & Dams, Buildings & Stadiums, Vessels & Platforms), By Technology (Wired, Wireless), And Segment Forecasts, 2018 - 2025

Published: Oct, 2018 | Pages: 140 | Publisher: Grand View Research
Industry: Technology & Media | Report Format: Electronic (PDF)

The global structural health monitoring market size is estimated to reach USD 4.34 billion by 2025, according to a study conducted by Grand View Research, Inc., rising at a CAGR of 17.3% during the forecast period. Growing investments in infrastructural development and government regulations mandating implementation of sensors and data acquisition systems to monitor structure health are expected to augment the market. Increasing age of existing bridges and dams and rising focus on infrastructural advancements including construction of new bridges, dams, buildings, and stadiums are also providing a push to the market.

Superior infrastructure is essential for regional development and it helps to increase productivity of the private as well as public sectors. Therefore, rapid infrastructural development across the globe is one of the primary growth stimulants for the market. These systems help in reducing cost by removing need for inspection staff and maintenance. Additionally, with ongoing advancements in technology, these systems are being used in applications such as diagnosing vessels and platforms in marine industries, aircraft frames in aerospace and defense, and inspection of large machines.

North America is projected to dominate the market throughout the forecast horizon owing to surging demand from applications such as bridges & dams and buildings & stadiums. However, Asia Pacific is poised to post the highest CAGR of 18.9% during the same period. This is owing to increasing investments in the civil infrastructure sector, along with industries such as aerospace, defense, marine, and manufacturing. Moreover, in 2014, the Chinese government laid down new regulations mandating use of SHM systems while building new architectural structures and bridges. They have restricted replacement time period for an embedded sensor to 20 years and three to five years for a sensor placed on the surface of the bridge. Furthermore, expanding production of oil sands and shale gas in regions such as Africa and Asia are anticipated to stir up the demand for structural health monitoring systems.

Further key findings from the study suggest:

• The hardware segment is likely to dominate the structural health monitoring market throughout the forecast period owing to higher cost of sensors and data acquisition systems as compared to that of software and services

• In terms of application, the market for structural health monitoring is dominated by bridges & dams and the trend is estimated to continue until 2025. This is due to increasing investments in order to check for health of structures, thus ensuring public safety

• Prominent industry participants include National Instruments Corporation; Structural Monitoring Systems; Digitexx Data Systems, Inc.; and Pure Technologies.

 Table of Contents

Chapter 1 Methodology and Scope
                 1.1 Information Procurement
                 1.2 Purchased Database
                     1.2.1 GVR's internal database
                 1.3 Research Methodology
                 1.4 Geographic Scope & Assumptions
                 1.5 Region/Country Wise Market Calculation
                     1.5.1 Region /country wise market: Base estimates
                     1.5.2 Region/country market: CAGR calculation
                 1.6 Region-based Segment Share Calculation
                 1.7 List of Primary Sources
                 1.8 List of Secondary Sources
Chapter 2 Executive Summary
Chapter 3 Market Definitions
                 3.1 Market Segmentation
Chapter 4 Industry Outlook
                 4.1 Market Snapshot
                 4.2 Global Structural Health Monitoring Market Trends
                     4.2.1 Solution segment trends
                     4.2.2 Application segment trends
                     4.2.3 Technology segment trends
                 4.3 Value Chain Analysis
                     4.3.1 Vendor Landscape
                 4.4 Market Variable Analysis
                     4.4.1 Market driver analysis
                     4.4.2 Market restraint analysis
                     4.4.3 Market Opportunity analysis
                 4.5 Penetration and Growth Prospect Mapping
                 4.6 Structural Health Monitoring Market Key Company Analysis, 2017
                 4.7 Business Environment Analysis Tool
                     4.7.1 Structural Health Monitoring market: PEST analysis
                     4.7.2 Structural Health Monitoring market: PORTERS analysis
                 4.8 Competitive and Vendor Landscape
                     4.8.1 Key innovators
                     4.8.2 Key strategic initiatives, by company
                     4.8.3 Key strategic initiatives, by Region
                     4.8.4 Key strategic initiatives, by technology
Chapter 5 Structural Health Monitoring Market: Product Solution Analysis
                 5.1 Hardware
                     5.1.1 Globe structural health monitoring market, 2015 - 2025 (USD Million)
                         5.1.1.1 Sensors Segment Trends
                         5.1.1.2 Data Acquisition Systems Segment Trends
                         5.1.1.3 Others Segment Trends
                 5.2 Software & Solution
                     5.2.1 Globe structural health monitoring market, 2015 - 2025 (USD Million)
Chapter 6 Structural Health Monitoring Market: Application Segment Analysis
                 6.1 Bridges & Dams
                     6.1.1 Bridges & dams market, 2015 - 2025 (USD Million)
                 6.2 Buildings & Stadiums
                     6.2.1 Buildings & stadiums market, 2015 - 2025 (USD Million)
                 6.3 Vessels & Platforms
                     6.3.1 Vessels & platforms market, 2015 - 2025 (USD Million)
                 6.4 Airframes & Wind Turbines
                     6.4.1 Airframs & wind turbines market, 2015 - 2025 (USD Million)
                 6.5 Large Machines & Equipments
                     6.5.1 Large machines & equipments market, 2015 - 2025 (USD Million)
Chapter 7 Structural Health Monitoring Market: Technology Segment Analysis
                 7.1 Wired Structural Health Monitoring
                     7.1.1 Wired Structural Health Monitoring market, 2014 - 2025 (USD Million)
                 7.2 Wireless Structural Health Monitoring
                     7.2.1 Wireless Structural Health Monitoring market, 2014 - 2025 (USD Million)
Chapter 8 Structural Health Monitoring Market: Regional Outlook
                 8.1 North America
                     8.1.1 North America structural health monitoring market, by country, 2015 - 2025
                     8.1.2 North America structural health monitoring market, by solution, 2015 - 2025
                         8.1.2.1. North America structural health monitoring market, by hardware, 2015 - 2025
                     8.1.3 North America structural health monitoring market, by application, 2015 - 2025
                     8.1.4 North America structural health monitoring market, by technology, 2015 - 2025
                     8.1.5 U.S.
                         8.1.5.1. U.S. structural health monitoring market, by solution, 2015 - 2025
                             8.1.5.1.1. U.S. structural health monitoring market, by hardware, 2015 - 2025
                         8.1.5.2. U.S. structural health monitoring market, by application, 2015 - 2025
                         8.1.5.3. U.S. structural health monitoring market, by technology, 2015 - 2025
                     8.1.6 Canada
                         8.1.6.1. Canada structural health monitoring market, by solution, 2015 - 2025
                             8.1.6.1.1. Canada structural health monitoring market, by hardware, 2015 - 2025
                         8.1.6.2. Canada structural health monitoring market, by application, 2015 - 2025
                         8.1.6.3. Canada structural health monitoring market, by technology, 2015 - 2025
                     8.1.7 Mexico
                         8.1.7.1. Mexico structural health monitoring market, by solution, 2015 - 2025
                             8.1.7.1.1. Mexico structural health monitoring market, by hardware, 2015 - 2025
                         8.1.7.2. Mexico structural health monitoring market, by application, 2015 - 2025
                         8.1.7.3. Mexico structural health monitoring market, by technology, 2015 - 2025
                 8.2 Europe
                     8.2.1 Europe structural health monitoring market, by country, 2015 - 2025
                     8.2.2 Europe structural health monitoring market, by solution, 2015 - 2025
                         8.2.2.1. Europe structural health monitoring market, by hardware, 2015 - 2025
                     8.2.3 Europe structural health monitoring market, by application, 2015 - 2025
                     8.2.4 Europe structural health monitoring market, by technology, 2015 - 2025
                     8.2.5 UK
                         8.2.5.1. UK structural health monitoring market, by solution, 2015 - 2025
                             8.2.5.1.1. UK structural health monitoring market, by hardware, 2015 - 2025
                         8.2.5.2. UK structural health monitoring market, by application, 2015 - 2025
                         8.2.5.3. UK structural health monitoring market, by technology, 2015 - 2025
                     8.2.6 Germany
                         8.2.6.1. Germany structural health monitoring market, by solution, 2015 - 2025
                             8.2.6.1.1. Germany structural health monitoring market, by hardware, 2015 - 2025
                         8.2.6.2. Germany structural health monitoring market, by application, 2015 - 2025
                         8.2.6.3. Germany structural health monitoring market, by technology, 2015 - 2025
                 8.3 Asia Pacific
                     8.3.1 Asia Pacific structural health monitoring market, by country, 2015 - 2025
                     8.3.2 Asia Pacific structural health monitoring market, by solution, 2015 - 2025
                         8.3.2.1. Asia Pacific structural health monitoring market, by hardware, 2015 - 2025
                     8.3.3 Asia Pacific structural health monitoring market, by application, 2015 - 2025
                     8.3.4 Asia Pacific structural health monitoring market, by technology, 2015 - 2025
                     8.3.5 China
                         8.3.5.1. China structural health monitoring market, by solution, 2015 - 2025
                             8.3.5.1.1. China structural health monitoring market, by hardware, 2015 - 2025
                         8.3.5.2. China structural health monitoring market, by application, 2015 - 2025
                         8.3.5.3. China structural health monitoring market, by technology, 2015 - 2025
                     8.3.6 Japan
                         8.3.6.1. Japan structural health monitoring market, by solution, 2015 - 2025
                             8.3.6.1.1. Japan structural health monitoring market, by hardware, 2015 - 2025
                         8.3.6.2. Japan structural health monitoring market, by application, 2015 - 2025
                         8.3.6.3. Japan structural health monitoring market, by technology, 2015 - 2025
                     8.3.7 India
                         8.3.7.1. India structural health monitoring market, by solution, 2015 - 2025
                             8.3.7.1.1. India structural health monitoring market, by hardware, 2015 - 2025
                         8.3.7.2. India structural health monitoring market, by application, 2015 - 2025
                         8.3.7.3. India structural health monitoring market, by technology, 2015 - 2025
                 8.4 South America
                     8.4.1 South America structural health monitoring market, by country, 2015 - 2025
                     8.4.2 South America structural health monitoring market, by solution, 2015 - 2025
                         8.4.2.1. South America structural health monitoring market, by hardware, 2015 - 2025
                     8.4.3 South America structural health monitoring market, by application, 2015 - 2025
                     8.4.4 South America structural health monitoring market, by technology, 2015 - 2025
                     8.4.5 Brazil
                         8.4.5.1. Brazil structural health monitoring market, by solution, 2015 - 2025
                             8.4.5.1.1. Brazil structural health monitoring market, by hardware, 2015 - 2025
                         8.4.5.2. Brazil structural health monitoring market, by application, 2015 - 2025
                         8.4.5.3. Brazil structural health monitoring market, by technology, 2015 - 2025
                 8.5 Middle East & Africa
                     8.5.1 Middle East & Africa structural health monitoring market, by solution, 2015 - 2025
                         8.5.1.1. Middle East & Africa structural health monitoring market, by hardware, 2015 - 2025
                     8.5.2 Middle East & Africa structural health monitoring market, by application, 2015 - 2025
                     8.5.3 Middle East & Africa structural health monitoring market, by technology, 2015 - 2025
Chapter 9 Company Profiles
                 9.1 Acellent Technologies 
                     9.1.1 Company overview
                     9.1.2 Financial performance
                     9.1.3 Product benchmarking
                     9.1.4 Recent Developments
                 9.2 Campbell Scientific, Inc. 
                     9.2.1 Company overview
                     9.2.2 Financial performance
                     9.2.3 Product benchmarking
                     9.2.4 Recent Developments
                 9.3 COWI A/S 
                     9.3.1 Company overview
                     9.3.2 Financial performance
                     9.3.3 Product benchmarking
                     9.3.4 Recent Developments
                 9.4 Digitexx 
                     9.4.1 Company overview
                     9.4.2 Financial performance
                     9.4.3 Product benchmarking
                     9.4.4 Recent Developments
                 9.5 Geocomp Corporation 
                     9.5.1 Company overview
                     9.5.2 Financial performance
                     9.5.3 Product benchmarking
                     9.5.4 Recent Developments
                 9.6 GEOKON, INCORPORATED 
                     9.6.1 Company overview
                     9.6.2 Financial performance
                     9.6.3 Product benchmarking
                     9.6.4 Recent Developments
                 9.7 GeoSIG Ltd. 
                     9.7.1 Company overview
                     9.7.2 Financial performance
                     9.7.3 Product benchmarking
                     9.7.4 Recent Developments
                 9.8 HBM 
                     9.8.1 Company overview
                     9.8.2 Financial performance
                     9.8.3 Product benchmarking
                     9.8.4 Recent Developments
                 9.9 James Fisher and Sons plc 
                     9.9.1 Company overview
                     9.9.2 Financial performance
                     9.9.3 Product benchmarking
                     9.9.4 Recent Developments
                 9.10 Kinemetrics 
                     9.10.1 Company overview
                     9.10.2 Financial performance
                     9.10.3 Product benchmarking
                     9.10.4 Recent Developments
                 9.11 National Instruments 
                     9.11.1 Company overview
                     9.11.2 Financial performance
                     9.11.3 Product benchmarking
                     9.11.4 Recent Developments
                 9.12 Nova Metrix LLC 
                     9.12.1 Company overview
                     9.12.2 Financial performance
                     9.12.3 Product benchmarking
                     9.12.4 Recent Developments
                 9.13 SIXENSE Systems 
                     9.13.1 Company overview
                     9.13.2 Financial performance
                     9.13.3 Product benchmarking
                     9.13.4 Recent Developments
                 9.14 STRUCTURAL MONITORING SYSTEMS LTD 
                     9.14.1 Company overview
                     9.14.2 Financial performance
                     9.14.3 Product benchmarking
                     9.14.4 Recent Developments
                 9.15 Xylem Inc.
                     9.15.1 Company overview
                     9.15.2 Financial performance
                     9.15.3 Product benchmarking
                     9.15.4 Recent Developments
Chapter 10 KOL Commentary
Chapter 11 Recommendations

List of Tables

Table 1 Structural health monitoring market, by region, 2015 - 2025 (USD Million)
Table 2 Hardware solution structural health monitoring market, by region, 2015 - 2025 (USD Million)
Table 3 Software & services structural health monitoring market, by region, 2015 - 2025 (USD Million)
Table 4 Sensors structural health monitoring market, by region, 2015 - 2025 (USD Million)
Table 5 Data acquisition systems structural health monitoring market, by region, 2015 - 2025 (USD Million)
Table 6 Others type structural health monitoring market, by region, 2015 - 2025 (USD Million)
Table 7 Bridges & dams structural health monitoring market, by region, 2015 - 2025 (USD Million)
Table 8 Building & stadiums structural health monitoring market, by region, 2015 - 2025 (USD Million)
Table 9 Vessels & platforms structural health monitoring market, by region, 2015 - 2025 (USD Million)
Table 10 Airframs & wind turbines structural health monitoring market, by region, 2015 - 2025 (USD Million)
Table 11 Wired structural health monitoring market, by region, 2015 - 2025 (USD Million)
Table 12 Wireless structural health monitoring market, by region, 2015 - 2025 (USD Million)
Table 13 North America structural health monitoring market, by country, 2015 - 2025 (USD Million)
Table 14 North America structural health monitoring market, by hardware, 2015 - 2025 (USD Million)
Table 15 North America structural health monitoring market, by solution, 2015 - 2025 (USD Million)
Table 16 North America structural health monitoring market, by application, 2015 - 2025 (USD Million)
Table 17 North America structural health monitoring market, by technology, 2015 - 2025 (USD Million)
Table 18 U.S. structural health monitoring market, by solution, 2015 - 2025 (USD Million)
Table 19 U.S. structural health monitoring market, by hardware, 2015 - 2025 (USD Million)
Table 20 U.S. structural health monitoring market, by application, 2015 - 2025 (USD Million)
Table 21 U.S. structural health monitoring market, by technology, 2015 - 2025 (USD Million)
Table 22 Canada structural health monitoring market, by solution, 2015 - 2025 (USD Million)
Table 23 Canada structural health monitoring market, by hardware, 2015 - 2025 (USD Million)
Table 24 Canada structural health monitoring market, by application, 2015 - 2025 (USD Million)
Table 25 Canada structural health monitoring market, by technology, 2015 - 2025 (USD Million)
Table 26 Mexico structural health monitoring market, by solution, 2015 - 2025 (USD Million)
Table 27 Mexico structural health monitoring market, by hardware, 2015 - 2025 (USD Million)
Table 28 Mexico structural health monitoring market, by application, 2015 - 2025 (USD Million)
Table 29 Mexico structural health monitoring market, by technology, 2015 - 2025 (USD Million)
Table 30 Europe structural health monitoring market, by country, 2015 - 2025 (USD Million)
Table 31 Europe structural health monitoring market, by solution, 2015 - 2025 (USD Million)
Table 32 Europe structural health monitoring market, by hardware, 2015 - 2025 (USD Million)
Table 33 Europe structural health monitoring market, by application, 2015 - 2025 (USD Million)
Table 34 Europe structural health monitoring market, by technology, 2015 - 2025 (USD Million)
Table 35 U.K. structural health monitoring market, by solution, 2015 - 2025 (USD Million)
Table 36 U.K. structural health monitoring market, by hardware, 2015 - 2025 (USD Million)
Table 37 U.K. structural health monitoring market, by application, 2015 - 2025 (USD Million)
Table 38 U.K. structural health monitoring market, by technology, 2015 - 2025 (USD Million)
Table 39 Germany structural health monitoring market, by solution, 2015 - 2025 (USD Million)
Table 40 Germany structural health monitoring market, by hardware, 2015 - 2025 (USD Million)
Table 41 Germany structural health monitoring market, by application, 2015 - 2025 (USD Million)
Table 42 Germany structural health monitoring market, by technology, 2015 - 2025 (USD Million)
Table 43 Asia Pacific structural health monitoring market, by country, 2015 - 2025 (USD Million)
Table 44 Asia Pacific structural health monitoring market, by solution, 2015 - 2025 (USD Million)
Table 45 Asia Pacific structural health monitoring market, by hardware, 2015 - 2025 (USD Million)
Table 46 Asia Pacific structural health monitoring market, by application, 2015 - 2025 (USD Million)
Table 47 Asia Pacific structural health monitoring market, by technology, 2015 - 2025 (USD Million)
Table 48 China structural health monitoring market, by solution, 2015 - 2025 (USD Million)
Table 49 China structural health monitoring market, by hardware, 2015 - 2025 (USD Million)
Table 50 China structural health monitoring market, by application, 2015 - 2025 (USD Million)
Table 51 China structural health monitoring market, by technology, 2015 - 2025 (USD Million)
Table 52 Japan structural health monitoring market, by solution, 2015 - 2025 (USD Million)
Table 53 Japan structural health monitoring market, by hardware, 2015 - 2025 (USD Million)
Table 54 Japan structural health monitoring market, by application, 2015 - 2025 (USD Million)
Table 55 Japan structural health monitoring market, by technology, 2015 - 2025 (USD Million)
Table 56 India structural health monitoring market, by solution, 2015 - 2025 (USD Million)
Table 57 India structural health monitoring market, by hardware, 2015 - 2025 (USD Million)
Table 58 India structural health monitoring market, by application, 2015 - 2025 (USD Million)
Table 59 India structural health monitoring market, by technology, 2015 - 2025 (USD Million)
Table 60 South America structural health monitoring market, by country, 2015 - 2025 (USD Million)
Table 61 South America structural health monitoring market, by solution, 2015 - 2025 (USD Million)
Table 62 South America structural health monitoring market, by hardware, 2015 - 2025 (USD Million)
Table 63 South America structural health monitoring market, by application, 2015 - 2025 (USD Million)
Table 64 South America structural health monitoring market, by technology, 2015 - 2025 (USD Million)
Table 65 Brazil structural health monitoring market, by solution, 2015 - 2025 (USD Million)
Table 66 Brazil structural health monitoring market, by hardware, 2015 - 2025 (USD Million)
Table 67 Brazil structural health monitoring market, by application, 2015 - 2025 (USD Million)
Table 68 Brazil structural health monitoring market, by technology, 2015 - 2025 (USD Million)
Table 69 MEA structural health monitoring market, by solution, 2015 - 2025 (USD Million)
Table 70 MEA structural health monitoring market, by hardware, 2015 - 2025 (USD Million)
Table 71 MEA structural health monitoring market, by application, 2015 - 2025 (USD Million)
Table 72 MEA structural health monitoring market, by technology, 2015 - 2025 (USD Million)

List of Figures

Fig.1 Market research process
Fig.2 Information procurement
Fig.3 Structural health monitoring market segmentation
Fig.4 Structural health monitoring market snapshot
Fig.5 Global structural health monitoring market, 2015 - 2025 (USD Million)
Fig.6 Global structural health monitoring market, by solution, 2015 - 2025 (USD Million)
Fig.7 Global structural health monitoring market, by hardware, 2015 - 2025 (USD Million)
Fig.8 Global structural health monitoring market, by application, 2015 - 2025 (USD Million)
Fig.9 Global structural health monitoring market, by technology, 2015 - 2025 (USD Million)
Fig.10 Global structural health monitoring market, by region, 2015 - 2025 (USD Million)
Fig.11 Structural health monitoring market: Value chain analysis
Fig.12 Global structural health monitoring market - Penetration and growth prospect mapping
Fig.13 Structural health monitoring market: PORTER's analysis
Fig.14 Structural health monitoring market share analysis, 2017
Fig.15 Structural health monitoring market: PEST analysis
Fig.16 Structural health monitoring market: Solution analysis
Fig.17 Structural health monitoring market: Application analysis
Fig.18 Structural health monitoring market: Technology analysis
Fig.19 Structural health monitoring market: Regional analysis
Fig.20 North America structural health monitoring market - key takeaways
Fig.21 Europe structural health monitoring market - key takeaways
Fig.22 Asia Pacific structural health monitoring market - key takeaways
Fig.23 South America structural health monitoring market - key takeaways
Fig.24 Middle East and Africa structural health monitoring market - key takeaways