North America Structural Health Monitoring Market is forecasted to grow at 17.6% with increasing growth industrialization.
The structural health monitoring market has shown an exceptional penetration in countries such as U.S. Technological advancement is increasing the penetration in developed countries. In developing countries,, the integration of technologically advanced solutions for structural health and monitoring is creating opportunities for the North America structural health monitoring market.
Structural Health Monitoring Market Scenario
According to Data Bridge Market Research, the market for structural health monitoring in U.S. region has the highest market share, followed by Canada. Market leader is Xylem Inc. which accounts for an estimated market share of approximately 10% to 15% in the North America region. The company has gained outstanding sales through their structural health monitoring products, which includes oscilloscopes and digitizers, switches, source measure units, and so on.
Trends Impacting the Market
Now the question is which other regions NATIONAL INSTRUMENTS CORP., Xylem Inc., and COWI A/S are targeting? Data Bridge Market Research has estimated a large growth in North America structural health monitoring market and the market leaders targeting U.S., Canada, and Mexico to be their next revenue pockets for 2021.
The structural health monitoring market is becoming more competitive every year with companies Xylem Inc., NATIONAL INSTRUMENTS CORP., and First Sensor AG as they are the market leaders for the structural health monitoring market. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the Structural health monitoring market.
For more analysis on the structural health monitoring market, request a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=north-america-structural-health-monitoring-market
Structural health monitoring Market Development in 2020
- In May 2021, NATIONAL INSTRUMENTS CORP. acquired Monodrive to accelerate its vehicle development. Monodrive excels in signal processing. There is a strategic collaboration with Ansys, the North America leader in engineering simulations. This acquisition benefits the company because the company’s expansion in the ADAS & simulation markets.
Scope of the Structural health monitoring Market
North America Structural health monitoring market is segmented on the basis of countries into the U.S., Canada, and Mexico.
- All country based analysis of structural health monitoring market is further analyzed based on further segmentation. On the basis of type, the structural health monitoring market is segmented into hardware, software, and services. On the basis of connectivity, the structural health monitoring market is segmented into wired and wireless. On the basis of installation type, the structural health monitoring market is segmented into new installation and retrofit. On the basis of method, the structural health monitoring market is segmented into visual inspection and non-destructive evaluation (NDE). On the basis of application, the structural health monitoring market is segmented into damage detection, crack detection, strain monitoring, wire break monitoring, leakage detection, multimodal sensing, corrosion monitoring, hotspot monitoring, impact monitoring, and deflection monitoring. On the basis of end user, the structural health monitoring market is segmented into civil, aerospace, energy, mining, marine, industrial, offshore platform, defense, schools, public parks and recreation, automotive, and others.
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Key Pointers Covered in Structural health monitoring Market Industry Trends and Forecast to 2028
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Market Key Vendors and Disruptors Study
Key Market Competitors Covered in the Report
- GEOKON
- Campbell Scientific, Inc.
- SIXENSE Systems
- Kinemetrics
- Digitexx Data Systems, Inc.
- NATIONAL INSTRUMENTS CORP.
- OSMOS Group SA
- HBK
- Nova Ventures
- Acellent Technologies Inc.
- James Fisher and Sons plc.
- SODIS Lab
- GoeSIG Ltd
- STRUCTURAL MONITORING SYSTEMS PLC.
- FEAC Engineering
- Xylem Inc.
- Sisgeo S.r.l.
- FIRST SENSOR AG
- Digitex
- Geomotion Singapore
- COWI A/S
Above are the key players covered in the report, to know about more and exhaustive list of Structural health monitoring companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=north-america-structural-health-monitoring-market
Research Methodology: North America Structural health monitoring Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Product Managers, Financial Institutions, Laboratories
- Supply Side: Service Providers, Product Managers, Structural health monitoring Product Designer, Marketing Managers, C-Level Executives, Market Intelligence, and Regulatory Affairs Managers among others.
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