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Europe Structural Health Monitoring Market Size, Share & Industry Trends Analysis Report By Technology, By End Use, By Offering (Hardware and Software & Services), By Hardware Type, By Country and Growth Forecast, 2021-2027

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    Report

  • 84 Pages
  • February 2022
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5571338
The Europe Structural Health Monitoring Market is expected to witness market growth of 12.7% CAGR during the forecast period (2021-2027).

SHM technology is being investigated by aerospace businesses and government organizations for detecting degradation to the space shuttle control surfaces that is disguised by heat shields. Clearly, determining the extent of damage has serious consequences for life safety. Furthermore, there seem to be currently no quantitative ways for determining whether buildings are safe to reoccupy following a major earthquake. SHM might one day give the capability to considerably reduce the uncertainty involved with post-earthquake damage estimates. The quick reoccupation of facilities, particularly those involved with manufacturing, can help to offset the economic losses caused by big earthquakes.

Almost every commercial and public sector company wants to identify harm to their products and production equipment as soon as feasible. The potential for life-safety and economic effect of this technology drives the need for these businesses to do some kind of SHM. The semiconductor manufacturing sector, for example, is implementing this technology to reduce the requirement for redundant gear in order to avoid unintended downtime in their fabrication processes. Downtime like this may cost major businesses millions of dollars each hour.

A key driving reason for the expansion in the installation of structural health monitoring systems is the high focus of governments in various nations on development and use of cutting-edge technology. The European government, for example, sponsored COST Action TU1402: Quantifying the Value of Structural Health Monitoring activities as part of its Transport and Research and Innovation Monitoring and Information System (TRIMIS) initiative. Between 2014 and 2019, the COST Action TU1402 was active, with the goal of gathering scientific data on the high value of SHM, as well as its social and industrial implications for infrastructure management and design. The impact and proof of SHM's optimum and targeted application resulted in up to a 90% decrease in operating expense and a 90% reduction in risk through enhancing dependability, robustness, and safety.

The Germany market dominated the Europe Structural Health Monitoring Market by Country 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $226.8 million by 2027. The UK market is exhibiting CAGR of 11.8% during (2021 - 2027). Additionally, The France market is expected to witness a CAGR of 13.5% during (2021 - 2027).

Based on Technology, the market is segmented into Wired and Wireless. Based on End Use, the market is segmented into Civil Infrastructure, Aerospace & Defense, Energy, Mining, and Others. Based on Offering, the market is segmented into Hardware and Software & Services. Based on Hardware Type, the market is segmented into Sensors, Data Acquisition Systems (DAS) & Communication Systems and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Acellent Technologies, Inc., Sixense, Nova Ventures Group Corp., Structural Monitoring System Plc., Digitexx Data Systems, Inc., SGS S.A, Campbell Scientific, Inc., COWI A/S, GEOKON, and Geocomp Corporation.

Scope of the Study


Market Segments Covered in the Report:


By Technology
  • Wired and
  • Wireless

By End Use
  • Civil Infrastructure
  • Aerospace & Defense
  • Energy
  • Mining, and
  • Others

By Offering
  • Hardware and
  • Software & Services

By Hardware Type
  • Sensors
  • Data Acquisition Systems (DAS) & Communication Systems
  • Others

By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Key Market Players


List of Companies Profiled in the Report:


  • Acellent Technologies, Inc.
  • Sixense
  • Nova Ventures Group Corp.
  • Structural Monitoring System Plc.
  • Digitexx Data Systems, Inc.
  • SGS S.A.
  • Campbell Scientific, Inc.
  • COWI A/S
  • GEOKON
  • Geocomp Corporation

Unique Offerings from the Publisher


  • Exhaustive coverage
  • The highest number of market tables and figures
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  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Structural Health Monitoring Market, by Technology
1.4.2 Europe Structural Health Monitoring Market, by End Use
1.4.3 Europe Structural Health Monitoring Market, by Offering
1.4.4 Europe Structural Health Monitoring Market, by Hardware Type
1.4.5 Europe Structural Health Monitoring Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Structural Health Monitoring Market by Technology
3.1 Europe Wired Market by Country
3.2 Europe Wireless Market by Country
Chapter 4. Europe Structural Health Monitoring Market by End Use
4.1 Europe Civil Infrastructure Market by Country
4.2 Europe Aerospace & Defense Market by Country
4.3 Europe Energy Market by Country
4.4 Europe Mining Market by Country
4.5 Europe Other End Use Market by Country
Chapter 5. Europe Structural Health Monitoring Market by Offering
5.1 Europe Hardware Market by Country
5.2 Europe Hardware Market by Type
5.2.1 Europe Sensors Market by Country
5.2.2 Europe Data Acquisition Systems (DAS) & Communication Systems Market by Country
5.2.3 Europe Others Market by Country
5.3 Europe Software & Services Market by Country
Chapter 6. Europe Structural Health Monitoring Market by Country
6.1 Germany Structural Health Monitoring Market
6.1.1 Germany Structural Health Monitoring Market by Technology
6.1.2 Germany Structural Health Monitoring Market by End Use
6.1.3 Germany Structural Health Monitoring Market by Offering
6.1.3.1 Germany Hardware Market by Type
6.2 UK Structural Health Monitoring Market
6.2.1 UK Structural Health Monitoring Market by Technology
6.2.2 UK Structural Health Monitoring Market by End Use
6.2.3 UK Structural Health Monitoring Market by Offering
6.2.3.1 UK Hardware Market by Type
6.3 France Structural Health Monitoring Market
6.3.1 France Structural Health Monitoring Market by Technology
6.3.2 France Structural Health Monitoring Market by End Use
6.3.3 France Structural Health Monitoring Market by Offering
6.3.3.1 France Hardware Market by Type
6.4 Russia Structural Health Monitoring Market
6.4.1 Russia Structural Health Monitoring Market by Technology
6.4.2 Russia Structural Health Monitoring Market by End Use
6.4.3 Russia Structural Health Monitoring Market by Offering
6.4.3.1 Russia Hardware Market by Type
6.5 Spain Structural Health Monitoring Market
6.5.1 Spain Structural Health Monitoring Market by Technology
6.5.2 Spain Structural Health Monitoring Market by End Use
6.5.3 Spain Structural Health Monitoring Market by Offering
6.5.3.1 Spain Hardware Market by Type
6.6 Italy Structural Health Monitoring Market
6.6.1 Italy Structural Health Monitoring Market by Technology
6.6.2 Italy Structural Health Monitoring Market by End Use
6.6.3 Italy Structural Health Monitoring Market by Offering
6.6.3.1 Italy Hardware Market by Type
6.7 Rest of Europe Structural Health Monitoring Market
6.7.1 Rest of Europe Structural Health Monitoring Market by Technology
6.7.2 Rest of Europe Structural Health Monitoring Market by End Use
6.7.3 Rest of Europe Structural Health Monitoring Market by Offering
6.7.3.1 Rest of Europe Hardware Market by Type
Chapter 7. Company Profiles
7.1 Acellent Technologies, Inc.
7.1.1 Company Overview
7.2 Sixense (Soletanche Freyssinet)
7.2.1 Company Overview
7.3 Nova Ventures Group Corp.
7.3.1 Company Overview
7.3.2 Recent strategies and developments:
7.3.2.1 Acquisition and Mergers
7.4 Structural Monitoring System Plc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional & Segmental Analysis
7.4.4 Research & Development Expenses
7.5 Digitexx Data Systems, Inc.
7.5.1 Company Overview
7.6 SGS S.A.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.7 Campbell Scientific, Inc.
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Product Launches and Product Expansions:
7.8 COWI A/S
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Recent strategies and developments:
7.8.4.1 Partnerships, Collaborations, and Agreements:
7.9 GEOKON
7.9.1 Company Overview
7.10. Geocomp Corporation
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Product Launches and Product Expansions:

Companies Mentioned

  • Acellent Technologies, Inc.
  • Sixense
  • Nova Ventures Group Corp.
  • Structural Monitoring System Plc.
  • Digitexx Data Systems, Inc.
  • SGS S.A.
  • Campbell Scientific, Inc.
  • COWI A/S
  • GEOKON
  • Geocomp Corporation

Methodology

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