{"id":51025,"date":"2022-11-18T12:02:43","date_gmt":"2022-11-18T11:02:43","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/structural-health-monitoring-market-report-2022-increasing-requirement-for-standardization-and-automation-for-the-repair-and-maintenance-of-civil-and-infrastructural-constructions-driving-growth-re\/"},"modified":"2022-11-18T12:02:43","modified_gmt":"2022-11-18T11:02:43","slug":"structural-health-monitoring-market-report-2022-increasing-requirement-for-standardization-and-automation-for-the-repair-and-maintenance-of-civil-and-infrastructural-constructions-driving-growth-re","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/structural-health-monitoring-market-report-2022-increasing-requirement-for-standardization-and-automation-for-the-repair-and-maintenance-of-civil-and-infrastructural-constructions-driving-growth-re\/","title":{"rendered":"Structural Health Monitoring Market Report 2022: Increasing Requirement for Standardization and Automation for the Repair and Maintenance of Civil and Infrastructural Constructions Driving Growth – ResearchAndMarkets.com"},"content":{"rendered":"
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DUBLIN–(BUSINESS WIRE)–The “Structural Health Monitoring Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”<\/a> report has been added to ResearchAndMarkets.com’s<\/strong> offering.\n<\/p>\n

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\nThe global structural health monitoring market reached a value of US$ 1.7 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 3.8 Billion by 2027, exhibiting at a CAGR of 14.5% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.\n<\/p>\n

\nStructural health monitoring (SHM) refers to the process of observing and scanning 3D, aerospace, civil, mechanical and infrastructural structures to detect faults and abnormalities. The information is collected through multiple sensors that transmit continuous data throughout the service life of the structure. It involves the use of non-destructive acoustic emission, ultrasonic and thermal imaging technologies to prevent any anomalies caused by deterioration, incorrect construction, lack of quality control or excessive accidental or environmental load. SHM is widely used for bridges, power and wind energy plants, water, gas and oil pipelines, tunnels, rigs and pavements. It is also utilized for detecting internal or external wear and malfunction in marine vessels, aircraft and heavy commercial automobiles.\n<\/p>\n

\nStructural Health Monitoring Market Trends:<\/strong>\n<\/p>\n

\nThe increasing requirement for standardization and automation for the repair and maintenance of civil and infrastructural constructions is one of the key factors driving the market growth. Due to rapid digitization and the advent of smart sensors, SHM is widely used for the design, analysis, and maintenance of modern civil engineering structures and systems. Contractors are also able to utilize SHM solutions for remote monitoring of construction processes to exercise control over quality.\n<\/p>\n

\nAdditionally, various technological advancements, such as the integration of innovative communication modules and data acquisition systems for the processing and analysis of information, are acting as other growth-inducing factors. These solutions enable the consumers to include electrical, magnetic, thermal, physical and chemical variables for improved analysis of the structural health. Other factors, including the implementation of favorable government policies to promote public safety, along with extensive infrastructural development, especially in the emerging economies, are anticipated to drive the market toward growth.\n<\/p>\n

\nKey Market Segmentation:<\/strong>\n<\/p>\n

\nThe publisher provides an analysis of the key trends in each sub-segment of the global structural health monitoring market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, technology, implementation method and vertical.\n<\/p>\n

\nBreakup by Component:<\/strong>\n<\/p>\n