“Huge potential savings in operating cost by using SHM for long term that facilitates condition-based maintenance is expected to drive the SHM market for civil infrastructure. SHM is widely used in the civil infrastructure industry to ensure high inspection and monitoring solution.
The SHM market is divided into four major geographies, namely, North America, Europe, Asia-Pacific, and Rest of the World (RoW). The structural health monitoring market in North America accounted for the largest market share, in 2014 among the others region. The market in the North American region has been divided into the U.S., Canada, and Mexico. The key driving factors for the American SHM market include the ageing infrastructure, government support, along with the increasing need of effective solutions in the maintenance of infrastructure.
The practices such as use of SHM technology at the construction phase of civil infrastructure for the identification of any loop hole in design provides further boost to the SHM market. In Sochi Olympic 2014 (Russia), SHM was used in the construction of stadiums. Similarly, in upcoming international sports events such as Rio Olympic 2016 (Brazil), FIFA World Cup 2018 (Russia), and others, where stadium are going to build in a short period of time, SHM may be used for structural monitoring.
The report predicts that the SHM market is expected to reach USD 1.89 billion by 2020, at a CAGR of 24.7% between 2015 and 2020.
The report provides the market size and forecast the SHM market with broader segmentation by technology, by solution type, by application, and by geography. The technology segmentation covers wired and wireless SHM, while the solution type segmentation covers hardware and software & services. SHM market is segmented on the basis of SHM application, which includes bridges, dams, tunnels, buildings, stadiums, and others.
The report also provides an in-depth analysis of the key players in the SHM market with their profiles, recent developments, key issues, SWOT analysis, and opportunities in the market, global adoption trends, and future growth potentials.
”
“TABLE OF CONTENTS
1 INTRODUCTION 14
1.1 STUDY OBJECTIVES 14
1.2 MARKET DEFINITION 14
1.3 STUDY SCOPE 15
1.3.1 MARKETS COVERED 15
1.3.2 GEOGRAPHIC SCOPE 15
1.3.3 YEARS CONSIDERED FOR THE STUDY 16
1.4 CURRENCY 16
1.5 LIMITATIONS 17
1.6 STAKEHOLDERS 17
2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 19
2.1.1.1 Key data from secondary sources 19
2.1.2 PRIMARY DATA 19
2.1.2.1 Key data from primary sources 20
2.1.2.2 Key industry insights 21
2.1.2.3 Breakdown of primary interviews 21
2.2 FACTOR ANALYSIS 22
2.2.1 INTRODUCTION 22
2.2.2 DEMAND-SIDE INDICATORS 22
2.2.2.1 Aging infrastructure 22
2.2.2.2 Growing demand for cost-effective method/technology for the maintenance of structures 23
2.2.3 SUPPLY-SIDE ANALYSIS 24
2.2.3.1 Reduction in the price of sensors 24
2.3 MARKET SIZE ESTIMATION 25
2.3.1 BOTTOM-UP APPROACH 25
2.3.2 TOP-DOWN APPROACH 26
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 27
2.5 RESEARCH ASSUMPTIONS 28
2.5.1 ASSUMPTIONS 28
3 EXECUTIVE SUMMARY 29
4 PREMIUM INSIGHTS 34
4.1 THE INCREASING DEMAND FOR SHM IN AGING CIVIL INFRASTRUCTURE IS EXPECTED TO DRIVE THE MARKET 34
4.2 SHM MARKET SIZE FOR TOP 3 APPLICATIONS 35
4.3 CHINA IS EXPECTED TO LEAD THE APAC SHM MARKET DURING THE FORECAST PERIOD 35
4.4 SHM MARKET FOR BRIDGES IN NORTH AMERICA, 2014 36
4.5 APAC EXPECTED TO BE THE FASTEST-GROWING MARKET FOR SHM DURING THE FORECAST PERIOD 37
5 MARKET OVERVIEW 38
5.1 MARKET SEGMENTATION 39
5.1.1 SHM MARKET, BY TECHNOLOGY 39
5.1.2 SHM MARKET, BY SOLUTION TYPE 40
5.1.3 SHM MARKET, BY APPLICATION 40
5.1.4 SHM MARKET, BY GEOGRAPHY 41
5.2 MARKET EVOLUTION 41
5.3 MARKET DYNAMICS 43
5.3.1 DRIVERS 44
5.3.1.1 Demand for cost-effective infrastructure maintenance 44
5.3.1.2 Uncertainties in natural calamities leads to high demand for SHM 45
5.3.1.3 Increasing need of public safety measures 45
5.3.1.4 Government support 46
5.3.2 RESTRAINTS 46
5.3.2.1 Alternate methods 46
5.3.2.2 High SHM Cost 47
5.3.3 OPPORTUNITIES 47
5.3.3.1 SHM installation at the initial construction phase of infrastructure 47
5.3.4 CHALLENGES 48
5.3.4.1 Technical and operational challenges 48
5.3.4.2 Huge amount of data management and processing 48
5.3.5 WINNING IMPERATIVES 49
5.3.5.1 Obligation for the application of SHM by the government regulatory bodies 49
6 INDUSTRY TRENDS 50
6.1 INTRODUCTION 50
6.2 VALUE CHAIN ANALYSIS 50
6.3 PORTER’S FIVE FORCES MODEL 51
6.3.1 BARGAINING POWER OF SUPPLIERS 53
6.3.2 BARGAINING POWER OF BUYERS 54
6.3.3 THREAT OF NEW ENTRANTS 55
6.3.4 THREATS OF SUBSTITUTES 56
6.3.5 COMPETITIVE RIVALRY 57
7 SHM MARKET, BY TECHNOLOGY 58
7.1 INTRODUCTION 59
7.2 WIRED SHM SYSTEM 60
7.3 WIRELESS SHM SYSTEM 65
8 SHM MARKET, BY SOLUTION TYPE 70
8.1 INTRODUCTION 71
8.2 HARDWARE 72
8.2.1 SENSORS 72
8.2.2 DATA ACQUISITION SYSTEM (DAS) 73
8.2.3 OTHERS 74
8.3 SOFTWARE & SERVICES 76
8.3.1 SOFTWARE 76
8.3.2 SERVICES 76
8.3.2.1 Design and consulting services 76
8.3.2.2 Installation services 77
9 SHM MARKET, BY APPLICTAION 79
9.1 INTRODUCTION 80
9.2 BRIDGES 82
9.3 BUILDINGS 84
9.4 TUNNELS 86
9.5 DAMS 88
9.6 STADIUMS 89
9.7 OTHERS 91
10 GEOGRAPHIC ANALYSIS 93
10.1 INTRODUCTION 94
10.2 NORTH AMERICA 97
10.2.1 U.S. 102
10.2.2 CANADA 103
10.2.3 MEXICO 103
10.3 EUROPE 104
10.3.1 U.K. 109
10.3.2 GERMANY 109
10.3.3 FRANCE 110
10.3.4 OTHERS 111
10.4 ASIA-PACIFIC 111
10.4.1 CHINA 116
10.4.2 JAPAN 117
10.4.3 SINGAPOPRE 118
10.4.4 SOUTH KOREA 118
10.4.5 OTHERS 119
10.5 REST OF THE WORLD 119
11 COMPETITIVE LANDSCAPE 124
11.1 OVERVIEW 125
11.2 MARKET RANKING ANALYSIS FOR THE SHM MARKET 126
11.3 COMPETITIVE SCENARIO 128
11.4 RECENT DEVELOPMENTS 129
11.4.1 MERGERS & ACQUISITIONS 129
11.4.2 AGREEMENTS AND PARTNERSHIPS 130
11.4.3 NEW PRODUCT LAUNCHES 131
11.4.4 EXPANSION 132
12 COMPANY PROFILES 133
(Overview, Products and Services, Financials, Strategy & Development)*
12.1 INTRODUCTION 133
12.2 ADVITAM, INC. 134
12.3 COWI A/S 137
12.4 DIGITEXX DATA SYSTEMS, INC. 140
12.5 GEOCOMP CORP. 142
12.6 GEOKON, INC. 145
12.7 GEOSIG LTD. 148
12.8 HOTTINGER BALDWIN MESSTECHNIK GMBH (HBM) 150
12.9 NOVA METRIX LLC 153
12.10 SODIS LAB 156
12.11 STRAINSTALL UK LTD. 158
*Details on Overview, Products and Services, Financials, Strategy & Development might not be Captured in case of Unlisted Companies.
13 APPENDIX 160
13.1 INSIGHTS OF INDUSTRY EXPERTS 160
13.2 DISCUSSION GUIDE 161
13.3 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 165
13.4 AVAILABLE CUSTOMIZATIONS 167
13.5 RELATED REPORTS 167
“
“LIST OF TABLES
TABLE 1 AGING INFRASTUCTURE WORLDWIDE PROPELS THE GROWTH OF THE SHM MARKET 44
TABLE 2 EXISTENCE OF ALTERNATE METHODS HINDER THE GROWTH OF THE SHM MARKET 46
TABLE 3 THE INSTALLATION OF SHM AT THE INITIAL CONSTRUCTION PHASE IS A HUGE OPPORTUNITY FOR THE SHM MARKET 47
TABLE 4 PORTER’S FIVE FORCES ANALYSIS: INDUSTRY RIVALRY LIKELY TO HAVE THE MAXIMUM IMPACT ON THE OVERALL MARKET 52
TABLE 5 COMPARISON BETWEEN WIRED AND WIRELESS SHM 59
TABLE 6 GLOBAL SHM MARKET, BY TECHNOLOGY, 2013–2020 (USD MILLION) 60
TABLE 7 WIRED SHM MARKET, BY APPLICATION, 2013–2020 (USD MILLION) 61
TABLE 8 WIRED SHM MARKET, BY REGION, 2013–2020 (USD MILLION) 62
TABLE 9 NORTH AMERICA: WIRED SHM MARKET, BY COUNTRY, 2013–2020 (USD MILLION) 63
TABLE 10 EUROPE: WIRED SHM MARKET, BY COUNTRY, 2013–2020 (USD MILLION) 63
TABLE 11 APAC: WIRED SHM MARKET, BY COUNTRY, 2013–2020 (USD MILLION) 64
TABLE 12 ROW: WIRED SHM MARKET, BY GEOGRAPHY, 2013–2020 (USD MILLION) 64
TABLE 13 WIRELESS SHM MARKET, BY APPLICATION, 2013–2020 (USD MILLION) 66
TABLE 14 WIRELESS SHM MARKET, BY REGION, 2013–2020 (USD MILLION) 66
TABLE 15 NORTH AMERICA: WIRELESS SHM MARKET, BY COUNTRY,
2013–2020 (USD MILLION) 67
TABLE 16 EUROPE: WIRELESS SHM MARKET, BY COUNTRY, 2013–2020 (USD MILLION) 67
TABLE 17 APAC: WIRELESS SHM MARKET, BY COUNTRY, 2013–2020 (USD MILLION) 68
TABLE 18 ROW: WIRELESS SHM MARKET, BY GEOGRAPHY, 2013–2020 (USD MILLION) 69
TABLE 19 GLOBAL SHM MARKET, BY SOLUTION TYPE, 2013–2020 (USD MILLION) 72
TABLE 20 FUNCTION OF SENSORS 73
TABLE 21 SHM MARKET, BY HARDWARE, 2013–2020 (USD MILLION) 74
TABLE 22 SHM HARDWARE MARKET, BY REGION, 2013–2020 (USD MILLION) 75
TABLE 23 SHM MARKET, BY SOFTWARE & SERVICES, 2013–2020 (USD MILLION) 77
TABLE 24 SHM SOFTWARE & SERVICES MARKET, BY REGION, 2013–2020 (USD MILLION) 78
TABLE 25 GLOBAL SHM MARKET, BY APPLICATION, 2013–2020 (USD MILLION) 81
TABLE 26 SHM MARKET FOR BRIDGES, BY TECHNOLOGY, 2013–2020 (USD MILLION) 82
TABLE 27 SHM MARKET IN BRIDGES, BY REGION, 2013–2020 (USD MILLION) 83
TABLE 28 SHM MARKET IN BUILDINGS, BY TECHNOLOGY, 2013–2020 (USD MILLION) 84
TABLE 29 SHM MARKET FOR BUILDINGS, BY REGION, 2013–2020 (USD MILLION) 85
TABLE 30 SHM MARKET FOR TUNNELS, BY TECHNOLOGY, 2013–2020 (USD MILLION) 86
TABLE 31 SHM MARKET FOR TUNNELS, BY REGION, 2013–2020 (USD MILLION) 87
TABLE 32 SHM MARKET FOR DAMS, BY TECHNOLOGY, 2013–2020 (USD MILLION) 88
TABLE 33 SHM MARKET FOR DAMS, BY REGION, 2013–2020 (USD MILLION) 89
TABLE 34 SHM MARKET FOR STADIUMS, BY TECHNOLOGY, 2013–2020 (USD MILLION) 90
TABLE 35 SHM MARKET FOR STADIUMS, BY REGION, 2013–2020 (USD MILLION) 91
TABLE 36 SHM MARKET FOR OTHER APPLICATIONS, BY TECHNOLOGY,
2013–2020 (USD MILLION) 91
TABLE 37 SHM MARKET FOR OTHERS, BY REGION, 2013–2020 (USD MILLION) 92
TABLE 38 GLOBAL SHM MARKET, BY REGION, 2013–2020 (USD MILLION) 97
TABLE 39 NORTH AMERICA: SHM MARKET, BY TECHNOLOGY, 2013–2020 (USD MILLION) 99
TABLE 40 NORTH AMERICA: SHM MARKET, BY APPLICATION, 2013–2020 (USD MILLION) 100
TABLE 41 NORTH AMERICA: SHM MARKET, BY SOLUTION TYPE, 2013–2020 (USD MILLION) 100
TABLE 42 NORTH AMERICA: SHM MARKET, BY COUNTRY, 2013–2020 (USD MILLION) 101
TABLE 43 U.S.: SHM MARKET, BY TECHNOLOGY, 2013–2020 (USD MILLION) 102
TABLE 44 CANADA: SHM MARKET, BY TECHNOLOGY, 2013–2020 (USD MILLION) 103
TABLE 45 MEXICO: SHM MARKET, BY TECHNOLOGY, 2013–2020 (USD MILLION) 103
TABLE 46 EUROPE: SHM MARKET, BY TECHNOLOGY, 2013–2020 (USD MILLION) 106
TABLE 47 EUROPE: SHM MARKET, BY APPLICATION, 2013–2020 (USD MILLION) 107
TABLE 48 EUROPE: SHM MARKET, BY SOLUTION TYPE, 2013–2020 (USD MILLION) 107
TABLE 49 EUROPE: SHM MARKET, BY COUNTRY, 2013–2020 (USD MILLION) 108
TABLE 50 U.K.: SHM MARKET, BY TECHNOLOGY, 2013–2020 (USD MILLION) 109
TABLE 51 GERMANY: SHM MARKET, BY TECHNOLOGY, 2013–2020 (USD MILLION) 109
TABLE 52 FRANCE: SHM MARKET, BY TECHNOLOGY, 2013–2020 (USD MILLION) 110
TABLE 53 REST OF EUROPE: SHM MARKET, BY TECHNOLOGY, 2013–2020 (USD MILLION) 111
TABLE 54 APAC: SHM MARKET, BY TECHNOLOGY, 2013–2020 (USD MILLION) 113
TABLE 55 APAC: SHM MARKET, BY APPLICATION, 2013–2020 (USD MILLION) 114
TABLE 56 APAC: SHM MARKET, BY SOLUTION TYPE, 2013–2020 (USD MILLION) 114
TABLE 57 APAC: SHM MARKET, BY COUNTRY, 2013–2020 (USD MILLION) 115
TABLE 58 CHINA: SHM MARKET, BY TECHNOLOGY, 2013–2020 (USD MILLION) 116
TABLE 59 JAPAN: SHM MARKET, BY TECHNOLOGY, 2013–2020 (USD MILLION) 117
TABLE 60 SINGAPORE: SHM MARKET, BY TECHNOLOGY, 2013–2020 (USD MILLION) 118
TABLE 61 SOUTH KOREA: SHM MARKET, BY TECHNOLOGY, 2013–2020 (USD MILLION) 118
TABLE 62 REST OF APAC: SHM MARKET, BY TECHNOLOGY, 2013–2020 (USD MILLION) 119
TABLE 63 ROW: SHM MARKET, BY TECHNOLOGY, 2013–2020 (USD MILLION) 120
TABLE 64 ROW: SHM MARKET, BY APPLICATION, 2013–2020 (USD MILLION) 120
TABLE 65 ROW: SHM MARKET, BY GEOGRAPHY, 2013–2020 (USD MILLION) 121
TABLE 66 ROW: SHM MARKET, BY SOLUTION TYPE, 2013–2020 (USD MILLION) 122
TABLE 67 MIDDLE EAST: SHM MARKET, BY TECHNOLOGY, 2013–2020 (USD MILLION) 122
TABLE 68 AFRICA: SHM MARKET, BY TECHNOLOGY, 2013–2020 (USD MILLION) 122
TABLE 69 AUSTRALIA: SHM MARKET, BY TECHNOLOGY, 2013–2020 (USD MILLION) 123
TABLE 70 MARKET RANKING BASED ON HARDWARE OFFERING BY COMPANIES FOR THE SHM MARKET, 2014 126
TABLE 71 MARKET RANKING BASED ON SOFTWARE & SERVICES OFFERED BY COMPANIES FOR THE SHM MARKET, 2014 127
TABLE 72 MERGERS AND ACQUISITIONS 129
TABLE 73 AGREEMENTS AND PARTNERSHIPS 130
TABLE 74 NEW PRODUCT LAUNCHES 131
TABLE 75 EXPANSION 132
“
“LIST OF FIGURES
FIGURE 1 YEARS CONSIDERED IN THE REPORT 16
FIGURE 2 SHM MARKET: RESEARCH DESIGN 18
FIGURE 3 NUMBER OF INTERSTATE BRIDGES BUILD IN THE U.S., 1934–2013 23
FIGURE 4 NUMBER OF SENSORS VS. INSTALLATION COST PER SENSOR, 1997–2008 24
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 25
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 26
FIGURE 7 SHM APPLICATION IN BRIDGES EXPECTED TO HOLD THE LARGEST MARKET SHARE DURING THE FORECAST PERIOD 30
FIGURE 8 WIRELESS TECHNOLOGY IS EXPECTED TO WITNESS THE HIGHEST GROWTH RATE IN THE SHM MARKET DURING THE FORECAST PERIOD 31
FIGURE 9 SOFTWARE AND SERVICES SEGMENT ESTIMATED TO HOLD THE LARGEST SHARE OF THE SHM MARKET DURING THE FORECAST PERIOD 32
FIGURE 10 NORTH AMERICA HELD THE LARGEST MARKET SHARE OF THE SHM MARKET
IN 2014 33
FIGURE 11 A SIGNIFICANT INCREASE IN THE DEMAND FOR SHM FOR COST-EFFECTIVE INFRASTRUCTURE MAINTENANCE AND UPCOMING SPORTS EVENTS 34
FIGURE 12 SHM MARKET FOR BRIDGES EXPECTED TO GROW AT THE HIGHEST CAGR 35
FIGURE 13 CHINA HELD THE LARGEST SHARE OF THE SHM MARKET IN APAC IN 2014 35
FIGURE 14 NORTH AMERICA HELD NEARLY ONE-THIRD SHARE OF THE GLOBAL SHM MARKET FOR BRIDGES IN 2014 36
FIGURE 15 THE SHM MARKET IN CHINA IS EXPECTED TO GROW AT THE HIGHEST CAGR BETWEEN 2015 AND 2020 37
FIGURE 16 SHM MARKET: SEGMENTATION 39
FIGURE 17 MARKET SEGMENTATION: BY TECHNOLOGY 39
FIGURE 18 MARKET SEGMENTATION: BY SOLUTION TYPE 40
FIGURE 19 MARKET SEGMENTATION: BY APPLICATION 40
FIGURE 20 MARKET SEGMENTATION: BY GEOGRAPHY 41
FIGURE 21 EVOLUTION OF THE STRUCTURAL HEALTH MONITRING MARKET 42
FIGURE 22 DEMAND FOR COST-EFFECTIVE INFRASTRUCTURE MAINTENANCE —A MAJOR DRIVER FOR THE SHM MARKET DURING THE FORECAST PERIOD 43
FIGURE 23 U.S. SPENDING ON MAINTENANCE OF BRIDGES VS. NEED OF CAPITAL INVESTMENT (2012) 44
FIGURE 24 VALUE CHAIN ANALYSIS: MAJOR VALUE ADDITION IS DONE DURING MANUFACTURING & DISTRIBUTION 51
FIGURE 25 PORTER’S FIVE FORCES ANALYSIS 52
FIGURE 26 PORTERS ANALYSIS: SHM SENSORS 53
FIGURE 27 BARGAINING POWER OF SUPPLIERS 53
FIGURE 28 BARGAINING POWER OF BUYERS 54
FIGURE 29 THREAT OF NEW ENTRANTS 55
FIGURE 30 THREATS OF SUBSTITUTES 56
FIGURE 31 COMPETITIVE RIVALRY 57
FIGURE 32 SHM MARKET, BY TECHNOLOGY 59
FIGURE 33 WIRED SHM MARKET, BY APPLICATION, 2015-2020 (USD MILLION) 61
FIGURE 34 NORTH AMERICA: WIRED SHM MARKET, BY COUNTRY, 2015-2020 (USD MILLION) 62
FIGURE 35 WIRELESS SHM MARKET, BY APPLICATION, 2015-2020 (USD MILLION) 65
FIGURE 36 APAC WIRELESS SHM MARKET, BY COUNTRY, 2015-2020 (USD MILLION) 68
FIGURE 37 SHM MARKET, BY SOLUTION TYPE 71
FIGURE 38 GLOBAL SHM MARKET, BY SOLUTION TYPE, 2015 VS. 2020 (USD MILLION) 71
FIGURE 39 SHM MARKET, BY HARDWARE TYPE, 2015 VS. 2020 (USD MILLION) 74
FIGURE 40 SHM HARDWARE MARKET, BY REGION, 2015 VS. 2020 (USD MILLION) 75
FIGURE 41 SHM SOFTWARE & SERVICES MARKET, BY REGION, 2015 VS. 2020 (USD MILLION) 78
FIGURE 42 SHM MARKET, BY APPLICATION 80
FIGURE 43 GLOBAL SHM MARKET, BY APPLICATION, 2015 VS. 2020 (USD MILLION) 81
FIGURE 44 SHM MARKET FOR BRIDGES, BY REGION, 2015 VS. 2020 (USD MILLION) 83
FIGURE 45 SHM MARKET FOR BUILDINGS, BY REGION, 2015 VS. 2020 (USD MILLION) 85
FIGURE 46 SHM MARKET FOR TUNNELS, BY REGION, 2015 VS. 2020 (USD MILLION) 87
FIGURE 47 SHM MARKET FOR DAMS, BY REGION, 2015 VS. 2020 (USD MILLION) 88
FIGURE 48 SHM MARKET FOR STADIUMS, BY REGION, 2015 VS. 2020 (USD MILLION) 90
FIGURE 49 SHM MARKET FOR OTHER APPLICATIONS, BY REGION,
2015 VS. 2020 (USD MILLION) 92
FIGURE 50 GLOBAL SHM MARKET, BY REGION 94
FIGURE 51 GEOGRAPHIC SNAPSHOT: APAC SHM MARKET ESTIMATED TO GROW AT THE HIGHEST RATE DURING THE FORECAST PERIOD 95
FIGURE 52 CHINESE SHM MARKET ESTIMATED TO GROW AT THE HIGHEST RATE BETWEEN 2015 AND 2020 96
FIGURE 53 NORTH AMERICAN MARKET SNAPSHOT: DEMAND FOR SHM WOULD BE DRIVEN
BY THE LARGE NUMBER OF STRUCTURALLY DEFICIENT AND FUNCTIONALLY OBSOLETE BRIDGES 98
FIGURE 54 NORTH AMERICA: SHM MARKET 99
FIGURE 55 NORTH AMERICA: SHM MARKET, BY COUNTRY, 2015 VS. 2020 (USD MILLION) 101
FIGURE 56 EUROPEAN MARKET SNAPSHOT: DEMAND TO BE DRIVEN BY THE LARGE NUMBER OF AGING CIVIL INFRASTRUCTURE SUCH AS BRIDGES, DAMS, TUNNELS,
AND OTHERS 105
FIGURE 57 EUROPEAN SHM MARKET 106
FIGURE 58 EUROPE: SHM MARKET, BY COUNTRY, 2015 VS. 2020 (USD MILLION) 108
FIGURE 59 APAC MARKET SNAPSHOT: DEMAND TO BE DRIVEN BY NEW CHINESE GOVERNMENT RULES AND REGULATION REGARDING THE USE OF SHM IN CIVIL INFRASTRUCTURE PROJECTS 112
FIGURE 60 APAC SHM MARKET 113
FIGURE 61 APAC: SHM MARKET, BY COUNTRY, 2015 VS. 2020 (USD MILLION) 115
FIGURE 62 ROW SHM MARKET 120
FIGURE 63 ROW: SHM MARKET, BY COUNTRY, 2015 VS. 2020 (USD MILLION) 121
FIGURE 64 KEY GROWTH STRATEGIES ADOPTED BY THE TOP COMPANIES OVER THE LAST THREE YEARS 125
FIGURE 65 MARKET EVALUATION FRAMEWORK – AGREEMENTS AND PARTNERSHIPS FUELED THE GROWTH OF THE SHM MARKET IN 2014 128
FIGURE 66 BATTLE FOR MARKET SHARE: MERGERS AND ACQUISITIONS WERE THE KEY STRATEGIES IN 2014 129
FIGURE 67 GEOGRAPHIC REVENUE MIX OF KEY MARKET PLAYERS 133
FIGURE 68 ADVITAM, INC. SWOT ANALYSIS 136
FIGURE 69 COWI A/S: BUSINESS OVERVIEW 137
FIGURE 70 COWI A/S: SWOT ANALYSIS 139
FIGURE 71 GEOCOMP CORP.: SWOT ANALYSIS 144
FIGURE 72 GEOKON, INC.: SWOT ANALYSIS 147
FIGURE 73 SPECTRIS PLC: BUSINESS OVERVIEW 150
FIGURE 74 HOTTINGER BALDWIN MESSTECHNIK GMBH: SWOT ANALYSIS 152
FIGURE 75 NOVA METRIX LLC: SWOT ANALYSIS 155
“
