HBM is one of the leading market players in the global structural health monitoring market. The brand has earned its reliability by assuring maximum quality at an affordable price. They curate some of the quality products with maximum precision. Millions of users around the world rely on their quality products. They produce strain gauges, transducers, sensors, data acquisition systems, amplifiers as well as structural durability investigations software. The company is headquartered in Germany and they have other branches which are spread across 60 countries of the world. The company is actively trying to tap the growing potential of the structural health monitoring market. The relevance of structural health management is surging in some of the economically advanced markets of the world as well as in developing economies.
Structural health management is gaining ground in different industries and the market is expected to grow in the coming few years according to a recent Future Market Insights report. The global structural health monitoring market is estimated to register a value CAGR of 13.8% over a 10-year period 2016 – 2026 and is expected to be valued at US$ 5,771.5 Mn by 2026 end. Several industries such as real estate, heavy industries, military, aviation, tourism and hotels are trying to minimise the defects in building structures by using structural health monitoring techniques. The early precaution is in dodging an impending danger and also reducing the cost of reconstruction. The company has recently organised a webinar to showcase their advanced sensor technology which can be used to detect any possible fracture in tunnels, rails, bridges, etc. Through this webinar, HBM is targeting potential customers of the market and also trying to earn an edge over market competitors.
Find out more about the global structural health monitoring market by accessing a sample of the report