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Structural Health Monitoring Market Research Report: By Technology (Wired, Wireless), Offering (Hardware, Software & Services), End User (Civil Infrastructure, Automotive, Aerospace & Defense, Energy, Mining) - Global Industry Analysis and Growth Forecast to 2030

  • Publishing: May 2021
  • Report Code: SE12018
  • Available Format: PDF

Structural Health Monitoring Market Overview

Structural health monitoring solutions are used for the detection of any kind of damage to architectural structures. These help civil engineers in monitoring structures, such as buildings, dams, bridges, turbines, and stadiums, affected by external factors and assessing their structural integrity to improve safety measures. The technology is a combination of sensors, transmission and data acquisition systems, software, and measuring amplifiers. It involves health monitoring, operational evaluation, data feature extraction, and statistical model development.

Growing infrastructural investments, technological advancements in wireless sensor networks, toughening government regulations for the sustainability of structures, and rising awareness on the benefits of structural screening are some of the key factors driving the global structural health monitoring market.

The market is categorized into wired and wireless structural health monitoring, on the basis of technology. Of the two, the wireless category is projected to witness higher growth during the forecast period (2020–2030), as a wireless configuration results in a substantial decrease in the overall cost of the structural monitoring system. This is due to the reduction in the cost associated with cable installation and maintenance. Moreover, higher flexibility in wireless systems due to technological advancements allows the incorporation of sensors into an autonomous network. It further makes addition, updation, movement, and replacement of the solutions much easier post-installation.

The structural health monitoring market, based on offering, is categorized into hardware and software & services. Between the two, the hardware category held the larger market share in terms of revenue in 2019, owing to a significant drop in the cost of sensors and data acquisition systems, which are integral components of the systems meant for structural monitoring.

Moreover, sensors are expected to be in high demand, since they are required to be installed in structures. These include accelerometers, displacement sensors, inclinometers, tiltmeters, strain gauges, corrosion sensors, temperature sensors, acoustic sensors, and ultrasonic sensors. Besides, the growing focus on smart structures and the increasing use of smart materials that are equipped with sensors are supporting the market growth in this category.

The structural health monitoring market, when segmented on the basis of end user, is categorized into civil infrastructure, automotive, aerospace & defense, energy, mining, and others, which include industrial plants and marine. Among these, civil infrastructure is projected to hold the largest market share in the forecast period. Rising economic acitivities around the world have led to massive growth in civil infrastructural developments, including the establishment of critical structures such as dams, bridges, highways, airports, and tunnels. Besides, the growing number of deficient and functionally outdated structures is boosting the demand for their monitoring systems. Moreover, governments worldwide are encouraging the use of these systems to monitor structural health and enhance infrastructural security via damage detection, impact monitoring, corrosion monitoring, hotspot monitoring, crack detection, strain monitoring, and others.

Among all regions, Asia-Pacific (APAC) is expected to register the fastest growth in the structural health monitoring market in the forecast period. Increasing investments in infrastructure in countries such as China, India, and Japan and the growing focus of governments on structural security are some key factors driving the growth of the regional market. Structural monitoring solutions are witnessing high demand in APAC countries, primarily those in earthquake-prone regions, such as Indonesia and the Philippines.

The North American region is projected to account for the largest market share in the forecast period, owing to the presence of a large number of concrete structures and the rapidly aging infrastructure in the U.S.

Besides, expanding infrastructure facilities in the LATAM region, especially in Brazil and Mexico, are driving the market in the region. In addition, governments in South and North America are taking steps toward boosting the adoption of monitoring systems in different structural applications to ensure security.

Structural Health Monitoring Market Dynamics

Drivers

The increasing focus on structural health monitoring, growing share of obsolete and old infrastructure in Europe and North America, government initiatives to increase the adoption of structural monitoring systems, frequent occurrence of natural calamities, reduction in inspection costs due to technological advancements in the sensor technology, and rising expenditure on infrastructural development, particularly in the APAC region, are the major growth drivers for the structural health monitoring market. The concept is gaining traction in the field of construction management and maintenance, since it helps civil engineers in understanding the behaviour of architectural structures for seismic protection and dynamic load handling.

Structural Health Monitoring Market Competitive Landscape

Due to the presence of a large number of players, the structural health monitoring market is highly competitive in nature, with companies increasingly focusing on the launch of new products to increase their customer base and market share. Some of the key players operating in the market are National Instruments Corporation, Digitexx Data Systems Inc., Acellent Technologies Inc., James Fisher & Sons plc, Nova Metrix LLC, Cowi A/S, Geocomp Corporation, Spectris plc, Kinemetrics Inc., and Campbell Scientific Inc.

The report also provides a country-wise analysis. Some of the major countries covered in the report are the U.S., Canada, the U.K., Germany, France, Italy, Spain, Russia, China, Japan, India, South Korea, Mexico, Brazil, the U.A.E., Saudi Arabia, and Qatar.

Structural Health Monitoring Market Segmentation

Market Segmentation by Technology

  • Wired
  • Wireless

Market Segmentation by Offering

  • Hardware
  • Software & Services

Market Segmentation by End User

  • Civil Infrastructure
  • Automotive
  • Aerospace & Defense
  • Energy
  • Mining
  • Others (Industrial & Marine)

Market Segmentation by Region

  • North America Structural Health Monitoring Market
    • By technology
    • By offering
    • By end user
    • By country – U.S. and Canada
  • Europe Structural Health Monitoring Market
    • By technology
    • By offering
    • By end user
    • By country – U.K., Germany, France, Italy, Spain, Russia, and Rest of Europe
  • Asia-Pacific (APAC) Structural Health Monitoring Market
    • By technology
    • By offering
    • By end user
    • By country – China, Japan, India, South Korea, and Rest of APAC
  • Latin America (LATAM) Structural Health Monitoring Market
    • By technology
    • By offering
    • By end user
    • By country – Mexico, Brazil, and Rest of LATAM
  • Middle East & Africa (MEA) Structural Health Monitoring Market
    • By technology
    • By offering
    • By end user
    • By country – U.A.E., Saudi Arabia, Qatar, and Rest of MEA
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