Market Overview
The global structural health monitoring market is projected to grow at a compound annual growth rate (CAGR) of approximately 25% from 2023 to 2030. This growth is fueled by the rising need for infrastructure safety, government regulations promoting maintenance, and advancements in sensor technology.
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Segmentation
The structural health monitoring market can be segmented based on several criteria:
By Technology
- Sensors
- Strain Gauges
- Accelerometers
- Displacement Sensors
- Temperature Sensors
- Data Acquisition Systems
- Software
By Application
- Bridges
- Buildings
- Dams
- Tunnels
- Highway Infrastructure
Key Players
Several key players are driving growth in the structural health monitoring market, including:
- Geosense
- Vibra-Tech
- Keller Group plc
- Honeywell International Inc.
- National Instruments Corporation
- GEO-INVESTIGATION
- RST Instruments Ltd.
These companies are leveraging innovative technologies to enhance the effectiveness and reliability of structural health monitoring systems.
Regional Analysis
The structural health monitoring market is experiencing significant growth across various regions.
- North America: Leading the market due to stringent safety regulations and the extensive use of SHM technologies in infrastructure projects.
- Europe: Witnessing robust growth driven by increasing investments in infrastructure maintenance and the adoption of advanced monitoring technologies.
Contact
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