Global Structural Health Monitoring Systems Market Research Report 2022 - Market Size, Current Insights and Development Trends

Structural health monitoring (SHM) refers to the process of implementing a damage detection and characterization strategy for engineering structures. Here damage is defined as changes to the material and/or geometric properties of a structural system, including changes to the boundary conditions and system connectivity, which adversely affect the system's performance. The SHM process involves the observation of a system over time using periodically sampled dynamic response measurements from an array of sensors, the extraction of damage-sensitive features from these measurements, and the statistical analysis of these features to determine the current state of system health.
The Structural Health Monitoring Systems market has witnessed a growth from USD XX million to USD XX million from 2017 to 2022. With a CAGR of X.X%, this market is estimated to reach USD XX million in 2029.

The report focuses on the Structural Health Monitoring Systems market size, segment size (mainly covering product type, application, and geography), competitor landscape, recent status, and development trends. Furthermore, the report provides strategies for companies to overcome threats posed by COVID-19.

Technological innovation and advancement will further optimize the performance of the product, enabling it to acquire a wider range of applications in the downstream market. Moreover, customer preference analysis, market dynamics (drivers, restraints, opportunities), new product release, impact of COVID-19, regional conflicts and carbon neutrality provide crucial information for us to take a deep dive into the Structural Health Monitoring Systems market.

Major Players in the Structural Health Monitoring Systems market are:
National Instruments
Advitam
Digitexx
Kinemetrics
Digitexx Data Systems
Acellent Technologies
Campbell Scientific
Nova Metrix LLC
Geocomp
Geokon

On the basis of types, the Structural Health Monitoring Systems market is primarily split into:
Hardware
Software
Services

On the basis of applications, the market covers:
Bridges & Dams
Building & Stadiums
Vessels & Platforms
Airframes & Wind Turbines
Large Machines & Equipment

Major Region

s or countries covered in this report:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others

Years considered for this report:

Historical Years:

2017-2021

Base Year:

2021

Estimated Year:

2022

Forecast Period:

2022-2029