Shifting Consumer Preferences Fuel Global STRUCTURAL HEALTH...

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2025-01-03 17:01:51

Shifting Consumer Preferences Fuel Global STRUCTURAL HEALTH MONITORING Market Expansion

The Global Structural Health Monitoring (SHM) Market, valued at USD 3.5 billion in 2023, is projected to experience substantial growth, reaching USD 13.2 billion by 2032. This reflects a robust compound annual growth rate (CAGR) of 15.9% over the forecast period from 2024 to 2032. The SHM market is witnessing increased adoption due to rising infrastructure investments, advancements in...

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