Structural Health Monitoring Market worth $4.1 billion by 2029 - Exclusive Report by MarketsandMarkets™
The hardware segment of the structural health monitoring (SHM) market is poised to maintain its leading market share in the foreseeable future, driven by several key factors.
- The hardware segment of the structural health monitoring (SHM) market is poised to maintain its leading market share in the foreseeable future, driven by several key factors.
- Secondly, the diverse sensor needs of different structures necessitate a robust hardware market offering various sensor technologies to meet varied requirements.
- The global civil infrastructure sector of structural health monitoring (SHM) currently commands the largest market share and is expected to maintain its leadership position in the foreseeable future.
- North America is expected to hold the largest share of the structural health monitoring market during the forecast period.