Infrastructure maintenance and safety are becoming more and more dependent on structural health monitoring, or SHM. By using a variety of technologies to keep an eye on the state of structures, SHM helps identify possible problems before they become serious ones, improving safety and lowering maintenance costs.

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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