NATIONAL INSTRUMENTS CORP., Xylem Inc. and COWI A/S have dominated the Global Structural Health Monitoring Market in 2020

Global Structural Health Monitoring Market is said to grow with the CAGR of 17.50% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.

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Global structural health monitoring market is a highly fragmented market, which includes number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

NATIONAL INSTRUMENTS CORP. is the dominating player in global structural health monitoring market The other key players existing in the market includes Xylem Inc., COWI A/S, James Fisher and Sons plc., First Sensor AG, Acellent Technologies Inc., Campbell Scientific, Inc., Digitex, Digitexx Data Systems, Inc., FEAC Engineering, GEOKON, Geomotion Singapore, GeoSIG Ltd, HBK, Kinemetrics, Nova Ventures, OSMOS Group SA, Sisgeo S.r.l., SIXENSE Systems, SODIS Lab, STRUCTURAL MONITORING SYSTEMS PLC.,  among others.

Structural Health Monitoring MarketNATIONAL INSTRUMENTS CORP.

NATIONAL INSTRUMENTS CORP. is headquartered in Austin, Texas and was founded in 1976. The company mainly focuses on development in automated test and automated measurement systems. The company provides product sales and software maintenance sales. The company offers product categories such as Hardware, Software and Services in which Hardware, Software and Services are the market focused category.

  • 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 global leader in engineering simulations. The company is benefitted by this acquisition because the company’s expand in the ADAS & simulation markets.

The company has wide global presence across North America, South America, Europe and Middle East and Africa.

Xylem Inc.

Xylem Inc. is headquartered in Alberta, Canada and was founded in 1993. The company is engaged in the development and application of innovative technologies for critical infrastructure. The company offers product categories such as Water Infrastructure, Applied Water and Measurement and Control Systems in which Measurement and Control Systems is the market focused category.

  • In January 2018, Pure Technologies was acquired by Xylem Inc., a leading global water technology company. This acquisition resulted in developing innovative technology solutions to the world’s water challenges. Also, the acquisition helped in improving the product portfolio of the company.

The company has wide global presence across North America, South America, Europe, Asia-Pacific and Middle East and Africa.

COWI A/S

COWI A/S is headquartered in Lyngby, Denmark and was founded in 1930. The company is engaged in delivering solutions in different industrial segments such as architecture, infrastructure, buildings, environment, water, energy and others. The company offers wide range of products categories such as architecture, infrastructure, buildings, environment, water, energy, industry and planning in which infrastructure and buildings are the market focused category.

  • In September 2021, COWI A/S executed Hising Bridge which crosses the river Göta Älv in Gothenburg and forms the new link between the mainland and Hisingen. This project execution has improved the recognition of the company.

The company has wide global presence across North America, Asia-Pacific and Europe.