According to Verified Market Intelligence, the Global Structural Health Monitoring Market is projected to reach 5.01 billion by 2025 from an estimated value of 1.03 billion in 2017, growing at a CAGR of 16.6% from 2018 to 2025.
Structural Health Monitoring (SHM) is mainly a system which aims to maintain the structure of the domain specified. Structural Health Monitoring can be described as observing the damage caused and developing strategies to characterize the structures. It is mainly involved in improving the safety of the structures along with reducing the maintenance costs.

Get | Download FREE Sample Copy @ https://www.verifiedmarketresearch.com/download-sample/?rid=3088&utm_source=PR&utm_medium=Amol

Decreasing cost of sensors is reducing the cost for structural health monitoring system and stringent regulations laid by a government for pertaining sustainability of structures are the two main factors driving the global structural health monitoring market. Other than this, inaccurate results due to errors in readings could hamper the overall growth rate of the market at a global level.

The “Global Structural Health Monitoring Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Nova Metrix, Geokon, Campbell Scientific, Cowi, Geocomp, Acellent, Sixense, Pure Technologies, and Structural Monitoring Systems. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.