
Future Market Insights tracks the performance of the global structural health monitoring market and presents a revised revenue forecast for the assessment period 2017 to 2027 in a recently published report titled 'Structural Health Monitoring Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017 – 2027).'According to the report, the global structural health monitoring market is anticipated to grow from US$ 1,903.9 Mn in 2017 to US$ 7,184.1 Mn by 2027, expanding at a CAGR of 14.2% in terms of revenue during the forecast period (2017-2027). In this report, the global structural health monitoring market is tracked in terms of value, calibrated to obtain the market revenue estimates. Factors such as rapidly expanding infrastructural development across the globe, wide availability of low-cost sensors and increasing government initiatives towards public safety and structural health monitoring system standardisation are boosting revenue growth of the global market.