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  • Global Structural Health Monitoring Equipment: What are the Novel Growth Hubs?
    Innovation culture in structural health monitoring to improve accuracy and reduce failure

    Overview

    This structural health monitoring (SHM) equipment analysis identifies developments and growth opportunities across various emerging products from industry participants, including sensors and data acquisition (DAQ) hardware (wired and wireless) and software for SHM in industry verticals.

    • The applications covered include strain measurement and vibration monitoring across key end users, such as civil infrastructure, aerospace and defense, oil and gas, power and energy, and others (metals and mining, transportation).

    • Key drivers include wired (DAQ system) and wireless (sensor) component requirement in SHM systems, increasing awareness for structure safety, demand for wireless strain measurement sensors, and distributed strain sensing fiber optics for large-area monitoring.

    • Prominent restraints are the effect of changing governments on budget approvals and project implementation, resistance to adopting new technologies, and how a slowing economy restrains demand.

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