https://www.globenewswire.com/news-release/2022/08/02/2490603/0/en/Structural-Health-Monitoring-Market-Size-is-projected-to-reach-USD-7-59-Billion-by-2030-growing-at-a-CAGR-of-14-7-Straits-Research.htmlThe Global Structural Health Monitoring Market was valued at USD 2.21 billion in 2021 and is predicted to reach at USD 7.59 billion by 2030, increasing at a CAGR of 14.7% from 2022 to 2030. Asia-Pacific is the dominant and fastest-growing region. It is estimated to grow at a CAGR of 15.2% during the forecast period.
Big growth and the STC might've put us in the box seat. I was pleasantly surprised to see we got a couple of mentions.
Major Players in Global Structural Health Monitoring MarketRecent Developments
- Campbell Scientific, Inc.
- Nova Ventures
- Geokon
- CGG SA
- Digitexx Data Systems, Inc.
- Structural Monitoring Systems plc.
- Xylem Inc.
- Acellent Technologies, Inc.
- Sixense
- SGS S.A.
- April 2022 - On 26 April 2022, U.K.-based Structural Monitoring Systems Plc gained FAA STC clearance for their Comparative Vacuum Monitor (CVM) sensor technology, which identifies fractures on commercial aircraft.
USD $7.59 Bill by 2030
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