Structural health monitoring (SHM) is one of the new and improved methods to perform non-destructing evaluation. It is defined as the use of in-site and non-destructive sensing with analysis of structural characteristics to identify the location of the damage and evaluate its severity to observe the effects on the residual life of the structure. The global structural health monitoring market is driven by increase in construction activities and growth in need for continuous monitoring of the structure. SHM involves the integration of sensors, smart materials, data transmission, computational power, and processing ability inside the structures. Research Beam Model: Research Beam Product ID: 1728344 5370 USD New
Structural Health Monitoring Market by Component (Hardware, Software, and Services), Connectivity (Wired and Wireless), and End User (Civil, Aerospace, Defense, Energy, and Others): Global Opportunity Analysis and Industry Forecast, 2017-2023

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Structural Health Monitoring Market by Component (Hardware, Software, and Services), Connectivity (Wired and Wireless), and End User (Civil, Aerospace, Defense, Energy, and Others): Global Opportunity Analysis and Industry Forecast, 2017-2023

 
 
 

Structural health monitoring (SHM) is one of the new and improved methods to perform non-destructing evaluation. It is defined as the use of in-site and non-destructive sensing with analysis of structural characteristics to identify the location of the damage and evaluate its severity to observe the effects on the residual life of the structure. The global structural health monitoring market is driven by increase in construction activities and growth in need for continuous monitoring of the structure. SHM involves the integration of sensors, smart materials, data transmission, computational power, and processing ability inside the structures.

The global structural health monitoring market is segmented based on component, connectivity, end user, and geography. Based on component, the market is classified into hardware, software, and services. The hardware segment is further categorized into sensors, data acquisition systems (DAS), and others. The hardware segment accounted for dominant share of the market in 2016, and is expected to maintain this trend during the forecast period. The services segment in structural health monitoring industry is expected to grow at highest CAGR from 2017 to 2023.

Based on connectivity, the structural health monitoring market is bifurcated into wired systems and wireless systems. Based on end users, it is categorized into civil, aerospace, defense, energy, mining, and others. The civil segment is further classified into tunnels, dams, stadiums, and others. SHM has become an important tool for monitoring large and complex civil structures. Emerging legislations, increasing social pressures, and the changes in the contractual relationships between builder and users drive the demand for SHM in civil infrastructures. The aerospace industry is estimated to be the fastest growing end user in the structural health monitoring market, growing at a CAGR of 21.2% from 2017 to 2023.

Geographically, the structural health monitoring market is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, and rest of Europe), Asia-Pacific (Japan, China, India, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). Key companies profiled in the report include National Instruments Corporation, Advitam Inc., Digitexx Data Systems, Inc., Acellent Technologies, Inc., Nova Metrix LLC., COWI A/S, Geocomp Corporation, Hottinger Baldwin Messtechnik GmbH, Strainstall UK Limited, and Kinemetrics Inc.

KEY BENEFITS

  • This report provides an in-depth analysis of the global structural health monitoring market to identify the potential investment pockets.
  • It outlines the current trends and future scenarios to determine the overall market potential and gain stronger market foothold.
  • Key drivers, restraints, and opportunities and their detailed impact analysis are elucidated.
  • Quantitative analysis of the structural health monitoring market from 2016 to 2023 is highlighted to recognize the financial competency of the market.
  • Porter’s Five Forces model illustrates the threat of new entrants, threat of substitutes, and strength of the buyers & suppliers.

KEY MARKET SEGMENTS

BY COMPONENT

  • Hardware
    • Data Acquisition Units
    • Sensors
    • Others
  • Software
  • Services

BY CONNECTIVITY

  • Wired
  • Wireless

BY END USER

  • Civil
    • Tunnels
    • Dams
    • Stadiums
    • Others
  • Aerospace
  • Defense
  • Energy
  • Mining
  • Others

BY GEOGRAPHY

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Italy
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

KEY MARKET PLAYERS

  • National Instruments Corporation
  • Advitam Inc.
  • Digitexx Data Systems, Inc.
  • Acellent Technologies, Inc.
  • Strainstall UK Limited(James Fisher & Sons PLC.)
  • Nova Metrix LLC.
  • COWI A/S
  • Geocomp Corporation.
  • Hottinger Baldwin Messtechnik GmbH
  • Kinemetrics Inc.

CHAPTER 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

CHAPTER 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

CHAPTER 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top impacting factors
3.2.2. Top winning strategies
3.2.3. Top investment pockets

3.3. PORTERS FIVE FORCES ANALYSIS
3.4. MARKET SHARE ANALYSIS, 2015
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Increased focus on structural health monitoring
3.5.1.2. Obsolete infrastructure in Europe and North America
3.5.1.3. Obsolete aircraft of domestic & international airlines
3.5.1.4. Reduction of inspection costs
3.5.1.5. Frequent occurrences of natural calamities

3.5.2. Restraints

3.5.2.1. High implementation cost
3.5.2.2. Challenges pertaining to data normalization

3.5.3. Opportunities

3.5.3.1. Growth in investments in infrastructure
3.5.3.2. Advances in wireless sensor networks

CHAPTER 4 GLOBAL STRUCTURAL HEALTH MONITORING MARKET, BY COMPONENT

4.1. OVERVIEW
4.2. HARDWARE

4.2.1. Key market trends
4.2.2. Key growth factors and opportunities
4.2.3. Market size & forecast

4.2.3.1. Data acquisition units
4.2.3.2. Sensors
4.2.3.3. Others

4.3. SOFTWARE

4.3.1. Key market trends
4.3.2. Key growth factors and opportunities
4.3.3. Market size & forecast

4.4. SERVICES

4.4.1. Key market trends
4.4.2. Key growth factors and opportunities
4.4.3. Market size & forecast

CHAPTER 5 STRUCTURAL HEALTH MONITORING MARKET, BY CONNECTIVITY

5.1. OVERVIEW
5.2. WIRED

5.2.1. Key market trends
5.2.2. Key growth factors and opportunities
5.2.3. Market size & forecast

5.3. WIRELESS

5.3.1. Key market trends
5.3.2. Key growth factors and opportunities
5.3.3. Market size & forecast

CHAPTER 6 STRUCTURAL HEALTH MONITORING MARKET, BY END USER

6.1. OVERVIEW
6.2. CIVIL

6.2.1. Key market trends
6.2.2. Key growth factors and opportunities
6.2.3. Market size & forecast

6.2.3.1. Tunnels
6.2.3.2. Dams
6.2.3.3. Stadiums
6.2.3.4. Others

6.3. AEROSPACE

6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size & forecast

6.4. DEFENSE

6.4.1. Key market trends
6.4.2. Key growth factors and opportunities
6.4.3. Market size & forecast

6.5. ENERGY

6.5.1. Key market trends
6.5.2. Key growth factors and opportunities
6.5.3. Market size & forecast

6.6. MINING

6.6.1. Key market trends
6.6.2. Key growth factors and opportunities
6.6.3. Market size & forecast

6.7. OTHERS

6.7.1. Key market trends
6.7.2. Key growth factors and opportunities
6.7.3. Market size & forecast

CHAPTER 7 STRUCTURAL HEALTH MONITORING MARKET, BY GEOGRAPHY

7.1. OVERVIEW
7.2. NORTH AMERICA

7.2.1. Key market trends
7.2.2. Key growth factors and opportunities
7.2.3. Market size & forecast

7.2.3.1. U.S.
7.2.3.2. Canada
7.2.3.3. Mexico

7.3. EUROPE

7.3.1. Key market trends
7.3.2. Key growth factors and opportunities
7.3.3. Market size & forecast

7.3.3.1. UK
7.3.3.2. Germany
7.3.3.3. Italy
7.3.3.4. France
7.3.3.5. Rest of Europe

7.4. ASIA-PACIFIC

7.4.1. Key market trends
7.4.2. Key growth factors and opportunities
7.4.3. Market size & forecast

7.4.3.1. China
7.4.3.2. India
7.4.3.3. Japan
7.4.3.4. Rest of Asia-Pacific

7.5. LAMEA

7.5.1. Key market trends
7.5.2. Key growth factors and opportunities
7.5.3. Market size & forecast

7.5.3.1. Latin America
7.5.3.2. Middle East
7.5.3.3. Africa

CHAPTER 8 COMPANY PROFILES

8.1. NATIONAL INSTRUMENTS CORPORATION

8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Operating business segments
8.1.4. Product portfolio
8.1.5. Key strategic moves & developments, 2014-2016

8.2. ADVITAM INC.

8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Product portfolio

8.3. DIGITEXX DATA SYSTEMS, INC.

8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Operating business segments
8.3.4. Product portfolio
8.3.5. Key strategic moves & developments, 2014-2016

8.4. ACELLENT TECHNOLOGIES, INC.

8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating business segments
8.4.4. Product portfolio
8.4.5. Business performance

8.5. STRAINSTALL UK LIMITED (JAMES FISHER & SONS PLC.)

8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Operating business segments
8.5.4. Product portfolio
8.5.5. Key strategic moves & developments, 2014-2016

8.6. NOVA METRIX LLC.

8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Operating business segments
8.6.4. Product portfolio
8.6.5. Business performance

8.7. COWI A/S

8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Operating business segments
8.7.4. Product portfolio
8.7.5. Business performance
8.7.6. Key strategic moves & developments, 2014-2016

8.8. GEOCOMP CORPORATION

8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Operating business segments
8.8.4. Business performance
8.8.5. Key strategic moves and developments

8.9. HOTTINGER BALDWIN MESSTECHNIK GMBH

8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Operating business segments
8.9.4. Product portfolio

8.10. KINEMETRICS INC.

8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Operating business segments
8.10.4. Product portfolio
8.10.5. Business performance

LIST OF TABLES

TABLE 1. GLOBAL STRUCTURAL HEALTH MONITORING MARKET REVENUE, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 2. HARDWARE SEGMENT OF STRUCTURAL HEALTH MONITORING MARKET REVENUE, BY REGION, 2016-2023 ($MILLION)
TABLE 3. SOFTWARE SEGMENT OF STRUCTURAL HEALTH MONITORING MARKET REVENUE, BY REGION, 2016-2023 ($MILLION)
TABLE 4. SERVICES SEGMENT OF STRUCTURAL HEALTH MONITORING MARKET REVENUE, BY REGION, 2016-2023 ($MILLION)
TABLE 5. GLOBAL STRUCTURAL HEALTH MONITORING MARKET REVENUE, BY CONNECTIVITY, 2016-2023 ($MILLION)
TABLE 6. WIRED STRUCTURAL HEALTH MONITORING MARKET REVENUE, BY REGION, 2016-2023 ($MILLION)
TABLE 7. WIRELESS STRUCTURAL HEALTH MONITORING MARKET REVENUE, BY REGION, 2016-2023 ($MILLION)
TABLE 8. GLOBAL STRUCTURAL HEALTH MONITORING MARKET REVENUE, BY END USER, 2016-2023 ($MILLION)
TABLE 9. STRUCTURAL HEALTH MONITORING MARKET REVENUE IN CIVIL INDUSTRY, BY REGION, 2016-2023 ($MILLION)
TABLE 10. STRUCTURAL HEALTH MONITORING MARKET REVENUE IN AEROSPACE INDUSTRY, BY REGION, 2016-2023 ($MILLION)
TABLE 11. STRUCTURAL HEALTH MONITORING MARKET REVENUE IN DEFENSE INDUSTRY, BY REGION, 2016-2023 ($MILLION)
TABLE 12. STRUCTURAL HEALTH MONITORING MARKET REVENUE IN ENERGY INDUSTRY, BY REGION, 2016-2023 ($MILLION)
TABLE 13. STRUCTURAL HEALTH MONITORING MARKET REVENUE IN MINING INDUSTRY, BY REGION, 2016-2023 ($MILLION)
TABLE 14. STRUCTURAL HEALTH MONITORING MARKET REVENUE IN OTHER INDUSTRIES, BY REGION, 2016-2023 ($MILLION)
TABLE 15. STRUCTURAL HEALTH MONITORING MARKET BY REGION, 2016-2023 ($MILLION)
TABLE 16. NORTH AMERICA STRUCTURAL HEALTH MONITORING MARKET REVENUE, BY COMPONENT ($MILLION), 2016-2023
TABLE 17. NORTH AMERICA STRUCTURAL HEALTH MONITORING MARKET REVENUE, BY CONNECTIVITY ($MILLION), 2016-2023
TABLE 18. NORTH AMERICA STRUCTURAL HEALTH MONITORING MARKET REVENUE, BY END USER ($MILLION), 2016-2023
TABLE 19. NORTH AMERICA STRUCTURAL HEALTH MONITORING MARKET REVENUE, BY COUNTRY ($MILLION), 2016-2023
TABLE 20. U.S. STRUCTURAL HEALTH MONITORING MARKET REVENUE, 2016-2023 ($MILLION)
TABLE 21. CANADA STRUCTURAL HEALTH MONITORING MARKET REVENUE, 2016-2023 ($MILLION)
TABLE 22. MEXICO STRUCTURAL HEALTH MONITORING MARKET REVENUE ($MILLION), 2016-2023
TABLE 23. EUROPE STRUCTURAL HEALTH MONITORING MARKET REVENUE, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 24. EUROPE STRUCTURAL HEALTH MONITORING MARKET REVENUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 25. UK STRUCTURAL HEALTH MONITORING MARKET REVENUE ($MILLION), 2016-2023
TABLE 26. GERMANY STRUCTURAL HEALTH MONITORING MARKET REVENUE ($MILLION), 2016-2023
TABLE 27. ITALY STRUCTURAL HEALTH MONITORING MARKET REVENUE, 2016-2023 ($MILLION)
TABLE 28. FRANCE STRUCTURAL HEALTH MONITORING MARKET REVENUE, 2016-2023 ($MILLION)
TABLE 29. REST OF EUROPE STRUCTURAL HEALTH MONITORING MARKET REVENUE ($MILLION), 2016-2023
TABLE 30. ASIA-PACIFIC STRUCTURAL HEALTH MONITORING MARKET REVENUE, BY COMPONENT ($MILLION), 2016-2023
TABLE 31. ASIA-PACIFIC STRUCTURAL HEALTH MONITORING MARKET REVENUE, BY CONNECTIVITY ($MILLION), 2016-2023
TABLE 32. ASIA-PACIFIC STRUCTURAL HEALTH MONITORING MARKET REVENUE, BY END USER ($MILLION), 2016-2023
TABLE 33. ASIA-PACIFIC STRUCTURAL HEALTH MONITORING MARKET REVENUE, BY COUNTRY ($MILLION), 2016-2023
TABLE 34. CHINA STRUCTURAL HEALTH MONITORING MARKET REVENUE ($MILLION), 2016-2023
TABLE 35. INDIA STRUCTURAL HEALTH MONITORING MARKET REVENUE ($MILLION), 2016-2023
TABLE 36. JAPAN STRUCTURAL HEALTH MONITORING MARKET REVENUE ($MILLION), 2016-2023
TABLE 37. REST OF ASIA-PACIFIC STRUCTURAL HEALTH MONITORING MARKET REVENUE, 2016-2023 ($MILLION)
TABLE 38. LAMEA STRUCTURAL HEALTH MONITORING MARKET REVENUE, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 39. LAMEA STRUCTURAL HEALTH MONITORING MARKET REVENUE, BY REGION, 2016-2023 ($MILLION)
TABLE 40. LATIN AMERICA STRUCTURAL HEALTH MONITORING MARKET REVENUE, 2016-2023 ($MILLION)
TABLE 41. MIDDLE EAST STRUCTURAL HEALTH MONITORING MARKET REVENUE, 2016-2023 ($MILLION)
TABLE 42. AFRICA STRUCTURAL HEALTH MONITORING MARKET REVENUE, 2016-2023 ($MILLION)
TABLE 43. NATIONAL INSTRUMENTS CORPORATION: COMPANY SNAPSHOT
TABLE 44. NATIONAL INSTRUMENTS CORPORATION: OPERATING SEGMENTS
TABLE 45. NATIONAL INSTRUMENTS CORPORATION: PRODUCT PORTFOLIO
TABLE 46. ADVITAM INC.: COMPANY SNAPSHOT
TABLE 47. ADVITAM INC.: OPERATING SEGMENTS
TABLE 48. ADVITAM INC.: PRODUCT PORTFOLIO
TABLE 49. DIGITEXX DATA SYSTEMS, INC.: COMPANY SNAPSHOT
TABLE 50. DIGITEXX DATA SYSTEMS, INC.: OPERATING SEGMENTS
TABLE 51. DIGITEXX DATA SYSTEMS, INC.: PRODUCT PORTFOLIO
TABLE 52. ACELLENT TECHNOLOGIES, INC.: COMPANY SNAPSHOT
TABLE 53. ACELLENT TECHNOLOGIES, INC.: OPERATING SEGMENTS
TABLE 54. ACELLENT TECHNOLOGIES, INC.: PRODUCT PORTFOLIO
TABLE 55. STRAINSTALL UK LIMITED: COMPANY SNAPSHOT
TABLE 56. STRAINSTALL UK LIMITED: OPERATING SEGMENTS
TABLE 57. STRAINSTALL UK LIMITED: PRODUCT PORTFOLIO
TABLE 58. NOVA METRIX LLC.: COMPANY SNAPSHOT
TABLE 59. NOVA METRIX LLC.: OPERATING SEGMENTS
TABLE 60. NOVA METRIX LLC.: PRODUCT PORTFOLIO
TABLE 61. COWI A/S: COMPANY SNAPSHOT
TABLE 62. COWI A/S: OPERATING SEGMENTS
TABLE 63. COWI A/S: PRODUCT PORTFOLIO
TABLE 64. GEOCOMP CORPORATION: COMPANY SNAPSHOT
TABLE 65. GEOCOMP CORPORATION: OPERATING SEGMENTS
TABLE 66. HOTTINGER BALDWIN MESSTECHNIK GMBH: COMPANY SNAPSHOT
TABLE 67. HOTTINGER BALDWIN MESSTECHNIK GMBH: OPERATING SEGMENTS
TABLE 68. HOTTINGER BALDWIN MESSTECHNIK GMBH: PRODUCT PORTFOLIO
TABLE 69. KINEMETRICS INC.: COMPANY SNAPSHOT
TABLE 70. KINEMETRICS INC.: OPERATING SEGMENTS
TABLE 71. KINEMETRICS INC.: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 1. GLOBAL STRUCTURAL HEALTH MONITORINGMARKET: EXECUTIVE SUMMARY
FIGURE 2. GLOBAL STRUCTURAL HEALTH MONITORING MARKET SEGMENTATION
FIGURE 3. TOP IMPACTING FACTORS
FIGURE 4. TOP WINNING STRATEGIES IN STRUCTURAL HEALTH MONITORING MARKET
FIGURE 5. TOP WINNING STRATEGY ANALYSIS
FIGURE 6. TOP INVESTMENT POCKETS
FIGURE 7. PORTERS FIVE FORCES ANALYSIS
FIGURE 8. MARKET SHARE ANALYSIS, 2015
FIGURE 9. STRUCTURAL HEALTH MONITORING MARKET, BY COMPONENT
FIGURE 10. GLOBAL STRUCTURAL HEALTH MONITORING MARKET REVENUE, BY COMPONENT, 2016-2023 ($MILLION)
FIGURE 11. GLOBAL STRUCTURAL HEALTH MONITORING MARKET SEGMENTATION, BY CONNECTIVITY
FIGURE 12. STRUCTURAL HEALTH MONITORING MARKET SHARE, BY CONNECTIVITY, 2016 & 2023 (%)
FIGURE 13. GLOBAL STRUCTURAL HEALTH MONITORING MARKET SEGMENTATION, BY END USER
FIGURE 14. STRUCTURAL HEALTH MONITORING MARKET SHARE, BY END USER, 2016 & 2023 (%)
FIGURE 15. STRUCTURAL HEALTH MONITORING MARKET SHARE, BY GEOGRAPHY, 2016 (%)
FIGURE 16. NORTH AMERICA STRUCTURAL HEALTH MONITORING MARKET REVENUE, BY COUNTRY & COMPONENT, 2016-2023 ($MILLION)
FIGURE 17. EUROPE STRUCTURAL HEALTH MONITORING MARKET REVENUE, BY COUNTRY & COMPONENT, 2016-2023 ($MILLION)
FIGURE 18. ASIA-PACIFIC STRUCTURAL HEALTH MONITORING MARKET REVENUE, BY COUNTRY & COMPONENT ($MILLION), 2014-2022
FIGURE 19. LAMEA STRUCTURAL HEALTH MONITORING MARKET REVENUE, BY COUNTRY & COMPONENT, 2016-2023 ($MILLION)
FIGURE 20. NATIONAL INSTRUMENTS CORPORATION: STRATEGY SHARE, 2014-2016 (%)
FIGURE 21. DIGITEXX DATA SYSTEMS, INC.: STRATEGY SHARE, 2014-2016 (%)
FIGURE 22. ACELLENT TECHNOLOGIES, INC.: REVENUE, 2014-2016 ($MILLION)
FIGURE 23. ACELLENT TECHNOLOGIES, INC.: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 24. ACELLENT TECHNOLOGIES, INC.: REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 25. STRAINSTALL UK LIMITED: STRATEGY SHARE, 2014-2016 (%)
FIGURE 26. NOVA METRIX LLC.: REVENUE, 2014-2016 ($MILLION)
FIGURE 27. NOVA METRIX LLC.: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 28. NOVA METRIX LLC. : REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 29. COWI A/S: REVENUE, 2014-2016 ($MILLION)
FIGURE 30. COWI A/S: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 31. COWI A/S: REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 32. COWI A/S: STRATEGY SHARE, 2014-2016 (%)
FIGURE 33. GEOCOMP CORPORATION: REVENUE, 2014-2016 ($MILLION)
FIGURE 34. GEOCOMP CORPORATION: REVENUE BY SEGMENT, 2016 (%)
FIGURE 35. GEOCOMP CORPORATION: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 36. GEOCOMP CORPORATION: STRATEGY SHARE, 2014-2016 (%)
FIGURE 37. KINEMETRICS INC.: REVENUE, 2014-2016 ($MILLION)
FIGURE 38. KINEMETRICS INC.: REVENUE SHARE BY SEGMENT, 2016 (%)