The Structural Health Monitoring Market has emerged as a game-changing technology that not only ensures the longevity of critical structures but also enhances their resilience and performance. As the world grapples with aging infrastructure and increasing urbanization, the SHM market has gained momentum, promising a future where structures ‘self-report’ their health and facilitate proactive maintenance. …
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Structural Health Monitoring Market Expected to Reach $3.8 Billion by 2027
The Global Structural Health Monitoring Market size is expected to reach $3.8 billion in 2027 from $1.6 billion in 2019, growing at a CAGR of 14.5% from 2020 to 2027. In 2019, Asia-Pacific dominated the market, in terms of revenue, accounting for 37.0% share of the global market. Top Companies The major players operating in …
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