Smarter Structural Health Monitoring

The rapidly aging infrastructure in North America and Europe is expected to drive the structural health monitoring market. Structural health monitoring solutions improve the performance of the structures such as commercial and residential buildings, dams, power plants by providing realtime data about the parameters such as strain, structural damage in various structures.

The structural health monitoring market is expected to grow to $3.4 billion by 2022.

Effective monitoring of civil structures help prolong its life, as the data enables action to be taken whenever significant structural damage is noticed.

The high cost of the installation of sensors and other hardware in large structures such as bridges and dams could be a major restraining factor for the growth of the market. The advancement in sensor technologies and growing usage of smart structures and smart materials with embedded sensors are some of the key future opportunities for the market.

The structural health monitoring market in APAC (Asia Pacific) is expected to grow between 2016 and 2022. The rapid urbanization and frequent occurrences of natural disasters are the major growth drivers for the market in this region. North America is expected to hold the largest share of the market between 2016 and 2022. The rapidly aging infrastructure in the U.S. and then commercialization of structural health monitoring systems in the aerospace industry are driving the growth of the market in North America.

This market is important because the need to repair and upgrade the structures will call for a lot of construction. Those that are in the know will be able to take advantage of the work that needs to be done.

Posted: 6/28/2017 7:24:31 PM



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