Brazil Structural Health Monitoring Market Size & Outlook
Brazil structural health monitoring market, 2018-2030 (US$M)
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Brazil structural health monitoring market highlights
- The Brazil structural health monitoring market generated a revenue of USD 72.3 million in 2024 and is expected to reach USD 223.0 million by 2030.
- The Brazil market is expected to grow at a CAGR of 20.7% from 2025 to 2030.
- In terms of segment, hardware was the largest revenue generating solution in 2024.
- Software & Services is the most lucrative solution segment registering the fastest growth during the forecast period.
Structural health monitoring market data book summary
| Market revenue in 2024 | USD 72.3 million |
| Market revenue in 2030 | USD 223.0 million |
| Growth rate | 20.7% (CAGR from 2024 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software & Services |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software & Services |
| Key market players worldwide | Highbank Resources Ltd, Emerson Electric Co, Xylem Inc, Acellent Technologies, Campbell Scientific, COWI, DIGI-TEXX Vietnam, Geocomp, GEOKON, GeoSIG, James Fisher and Sons plc, Kinemetrics, Inc., Nova Ventures, Sixense, Structural Monitoring Systems |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.0% of the global structural health monitoring market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil structural health monitoring market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 223.0 million by 2030.
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Structural Health Monitoring Market Scope
Structural Health Monitoring Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil structural health monitoring market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to structural health monitoring market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 61.96% in 2024. Horizon Databook has segmented the Brazil structural health monitoring market based on hardware, software & services covering the revenue growth of each sub-segment from 2018 to 2030.
In January 2024, Petrobras, Brazil's state-run oil firm, announced that it would invest USD 5.2 billion in wind and solar power with an initial focus on onshore plants while researching the development of offshore wind power in Brazil.
Petrobas's investment in renewable energy is driving Brazil's rising demand for structural health monitoring solutions. As wind farms and solar plants spread across the country, ensuring their structural integrity becomes crucial.
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Target buyers of Brazil structural health monitoring market databook
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Our clientele includes a mix of structural health monitoring market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil structural health monitoring market , including forecasts for subscribers. This country databook contains high-level insights into Brazil structural health monitoring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil structural health monitoring market size, by solution, 2018-2030 (US$M)
Brazil Structural Health Monitoring Market Outlook Share, 2024 & 2030 (US$M)
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