Technology
Structural Health Monitoring Market to grow by USD 2.62 Billion from 2024-2028, driven by infrastructure safety needs and AI’s impact on market trends – Technavio
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1 year agoon
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NEW YORK, Dec. 5, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The global structural health monitoring market size is estimated to grow by USD 2.62 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 15.8% during the forecast period. Increasing need for infrastructure maintenance and safety is driving market growth, with a trend towards advent of iot in structural health monitoring. However, rise in budgetary constraints poses a challenge. Key market players include Campbell Scientific Inc., CGG SA, COWI Holding AS, Digitexx Systems Ltd., Geosense Ltd., Hottinger Bruel and Kjaer GmbH, James Fisher and Sons Plc, Kinemetrics Inc., LiveHooah Technologies Pvt. Ltd., MachineSense LLC, Mistras Group Inc., National Instruments Corp., Nova Ventures Group Corp., Ramboll Group AS, RST Instruments Ltd., Sisgeo S.r.l., STRUCTURAL MONITORING SYSTEMS plc, Vinci, Xylem Inc., and Yokogawa Electric Corp..
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Forecast period
2024-2028
Base Year
2023
Historic Data
2018 – 2022
Segment Covered
Component (Hardware, Software, and Services), Connectivity (Wired and Wireless), and Geography (North America, Europe, Asia, and Rest of World (ROW))
Region Covered
North America, Europe, Asia, and Rest of World (ROW)
Key companies profiled
Campbell Scientific Inc., CGG SA, COWI Holding AS, Digitexx Systems Ltd., Geosense Ltd., Hottinger Bruel and Kjaer GmbH, James Fisher and Sons Plc, Kinemetrics Inc., LiveHooah Technologies Pvt. Ltd., MachineSense LLC, Mistras Group Inc., National Instruments Corp., Nova Ventures Group Corp., Ramboll Group AS, RST Instruments Ltd., Sisgeo S.r.l., STRUCTURAL MONITORING SYSTEMS plc, Vinci, Xylem Inc., and Yokogawa Electric Corp.
Key Market Trends Fueling Growth
The Structural Health Monitoring (SHM) market is experiencing significant growth, particularly in the infrastructure sector. SHM systems are becoming increasingly important for ensuring public safety and the sustainability of structures such as bridges, dams, buildings, and airframes. Civil engineers and construction companies are adopting SHM systems to monitor the condition of large machines, turbines, and other critical infrastructure. SHM systems use sensors, data acquisition, and analyzing tools to measure structural performance and assess damage in real-time. These systems are also being integrated into smart cities and are essential for predicting natural calamities and preventing economic and social complications. The SHM market includes players in various segments such as infrastructure development, aerospace, mining, energy, and defense. The need for SHM systems is driven by safety regulations, the aging of infrastructure, and the need for productivity growth. Some of the key trends in the SHM market include the use of wireless sensors, predictive solutions, and energy harvesting systems. Cost-effective constructions and the integration of distributed optic fibers are also gaining popularity. Despite the advantages of SHM systems, there are limitations, such as costs and the need for maintenance. However, the benefits of prior warnings and avoiding loss of lives and economic complications far outweigh the costs. In Europe and France, SHM systems are becoming essential for infrastructure projects, and the market is expected to grow significantly in the coming years. The dominance of the SHM industry is also being felt in Latin America, the Middle East, and other nations. Geokon, Acellent Technologies, and Sixense are some of the key players in the SHM systems market, offering hardware, software, and integration services. The market is expected to continue growing as more infrastructure projects are undertaken and the need for reliable and predictive solutions becomes increasingly important.
The structural health monitoring market has experienced significant growth due to the integration of IoT and Industry 4.0 technologies. IoT networks, consisting of sensors, thermostats, and actuators, enable smart facilities management by collecting and evaluating data. This data leads to energy savings through predictive maintenance and lower operational costs. IoT also ensures timely maintenance, enhancing productivity and equipment longevity. Overall, these technological innovations have made structural health monitoring more efficient and cost-effective.
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Market Challenges
The Structural Health Monitoring (SHM) market is witnessing significant growth in various sectors including infrastructure, aerospace, mining, and energy. The need for SHM systems is crucial for ensuring safety and sustainability of structures such as bridges, dams, buildings, and stadiums. However, challenges exist in standardizing SHM systems, cost-effectiveness, and integration with existing infrastructure. Civil engineers and construction companies are increasingly focusing on SHM systems for condition assessment and predictive maintenance of large machines, airframes, wind turbines, and turbines. The adoption of SHM systems is driven by the need for prior warnings during natural calamities and the impact of economic and social complications due to infrastructure failures. The SHM systems market includes sensors, data acquisition, transmission systems, analyzing tools, measuring amplifiers, software, and smart cities applications. The market is segmented into infrastructure projects, aerospace, mining, energy, and others. Governments and private players are investing in SHM technologies for safety regulations and productivity growth. The market is witnessing advancements in wireless real-time measurement, damage assessment, and predictive solutions. However, limitations include the high costs associated with SHM systems and the lack of standardization. The SHM market is expected to grow in Europe, France, Latin America, the Middle East, Mexico, South Africa, and other nations. Key players in the market include Accelent Technologies, Geokon, Sixense, and Geocomp Corporation. The market offers opportunities for sensor technology integration, power plant testing, and repair solutions.Small businesses in growing economies often face budget constraints, limiting their ability to invest in structural health monitoring services from reputable companies. This can lead to the procurement of subpar services, which in turn increases maintenance and operational costs and negatively impacts a company’s profitability. Additionally, rising labor costs pose another challenge to the structural health monitoring market’s growth during the forecast period. These factors can make it difficult for small organizations to effectively monitor and maintain the structural health of their assets, potentially leading to costly repairs or replacements in the future.
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Segment Overview
This structural health monitoring market report extensively covers market segmentation by
Component1.1 Hardware1.2 Software1.3 ServicesConnectivity2.1 Wired2.2 WirelessGeography3.1 North America3.2 Europe3.3 Asia3.4 Rest of World (ROW)
1.1 Hardware- The structural health monitoring market comprises various sectors, including hardware. Hardware in this context refers to the physical components and devices used to assess the structural health of infrastructure, buildings, bridges, dams, and civil engineering structures. This hardware segment is vital as it gathers data, measures various parameters, transmits signals, and processes information for monitoring purposes. Three significant hardware categories exist within the global structural health monitoring market: sensors, data acquisition systems (DAQ), and communication devices. Sensors are fundamental, capturing data on structural behavior such as strain, vibration, displacement, temperature, and humidity. Common sensors include accelerometers, strain gauges, temperature sensors, displacement transducers, and inclinometers. Data acquisition systems (DAQ) are responsible for collecting, digitizing, and processing data from sensors. They convert analog signals into digital data for further analysis. DAQ systems typically consist of analog-to-digital converters, signal conditioning modules, data loggers, and communication interfaces. Communication devices enable data transmission from the structural health monitoring system to a central monitoring station or cloud-based platform. These devices may utilize wired connections like Ethernet or fiber optic cables or wireless technologies such as Wi-Fi, Bluetooth, cellular networks, or satellite communication systems. In summary, the hardware segment of the global structural health monitoring market encompasses a broad array of components, technologies, and devices that collaborate to facilitate the monitoring, analysis, and maintenance of critical structures. Advancements in sensor technology, data processing capabilities, and communication systems have significantly boosted the effectiveness and growth of structural health monitoring solutions, driving the expansion of the hardware segment in the forecast period.
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Research Analysis
The Structural Health Monitoring (SHM) market encompasses sensors, monitoring systems, and technologies used to assess the condition and performance of infrastructure, including bridges, dams, buildings, stadiums, and large machines such as airframes and turbines. SHM focuses on ensuring the safety, reliability, and predictive maintenance of these structures by providing real-time measurement and damage assessment capabilities. Wireless sensors play a significant role in SHM systems, enabling cost-effective and efficient implementation in various segments, including energy infrastructure and smart cities. Advancements in SHM technologies have led to increased adoption and implementation, with a focus on preventing failures and ensuring public safety. Civil engineers and other stakeholders rely on SHM systems to optimize maintenance costs, enhance infrastructure investments, and improve overall performance and safety. Natural calamities have further the need for SHM systems to assess damage and facilitate quick response and recovery efforts.
Market Research Overview
The Structural Health Monitoring (SHM) market is witnessing significant growth in various sectors including infrastructure, aerospace, mining, defense, and energy. SHM systems are essential for ensuring the safety and sustainability of structures such as bridges, dams, buildings, stadiums, airframes, wind turbines, and large machines. These systems use sensors, data acquisition, transmission systems, analyzing tools, measuring amplifiers, software, and other hardware to monitor the health condition of structures in real-time. SHM systems play a crucial role in public safety, especially in the context of natural calamities and aging infrastructure. The need for SHM systems is increasingly recognized by governments, sports organizations, and industries worldwide. The market is driven by the need for predictive solutions to assess damage and improve reliability, productivity growth, and cost-effective constructions. SHM systems are also being integrated into smart cities and urbanization projects to ensure the safety and integrity of structures. The market is expected to grow significantly in the coming years due to advancements in sensor technology, wireless communication, and energy harvesting systems. However, there are also limitations to the adoption and implementation of SHM systems, including costs and the need for specialized inspection staff. The SHM market is segmented into various applications, including infrastructure projects, buildings and stadiums, vessels and platforms, airframes and wind turbines, large machines and equipments, and power plants. The market is dominated by players such as Geokon, Geocomp Corporation, and Acellent Technologies, among others. The market is expected to grow significantly in regions such as Europe, Asia Pacific, Latin America, Middle East, and Brazil.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
ComponentHardwareSoftwareServicesConnectivityWiredWirelessGeographyNorth AmericaEuropeAsiaRest Of World (ROW)
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio
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Ellucian Announces 2026 Impact Award Winners, Honoring Institutions Leading with Data, SaaS, and Student-First Innovation
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April 22, 2026By
Key Highlights:
Ellucian recognized four institutions for innovative use of the company’s technology solutions to improve student outcomes and operational efficiency.Award winners demonstrated measurable impact through SaaS transformation, data-driven decision-making, and student-first digital experiences.Each winning institution will receive $25,000 USD to support continued innovation and student success initiatives.
RESTON, Va., April 22, 2026 /PRNewswire/ — Ellucian, the leading higher education technology solutions provider, announced the winners of its eighth annual Impact Award at Ellucian Live, the industry’s premier technology conference. The annual Ellucian Impact Award Program celebrates visionary higher education institutions that are inspiring others to push the boundaries of technology and innovation. These institutions demonstrate the impactful use of Ellucian’s AI-powered platform and solutions to transform the student experience and institutional performance.
Recognizing Innovation that Transforms Higher Education
“Higher education is being redefined in real time, and this year’s Impact Award winners exemplify what it means to lead through change,” said Laura Ipsen, President and CEO, Ellucian. “These institutions are harnessing the full power of Ellucian’s AI-driven, SaaS-native solutions to break down barriers, unlock insights, and create more connected, student-centered experiences. Their work demonstrates how innovation, when grounded in purpose, can drive meaningful outcomes for students, faculty, staff, and communities worldwide.”
2026 Ellucian Impact Award-winning institutions will each receive a $25,000 USD award recognizing achievements across four categories, including Students First, Unlocking the Power of Data, Shaping the Future through SaaS, and Institutional Agility.
The 2026 Ellucian Impact Award Winners are:
Shaping the Future through SaaS
St. John’s University – Queens, N.Y.
St. John’s University earned recognition for its bold, institution-wide SaaS transformation through Project Genesis, modernizing core systems across student, finance, and HR on Ellucian’s SaaS-native platform. The university retired nearly 800 customizations, reduced support requests by 20%, and enabled faculty and staff to save 30–40% of their time through streamlined processes. Critical services are now significantly faster, with financial aid processing reduced from multiple days to one day and grade changes completed in about an hour instead of a full day. With 99.99% uptime and a more agile operating model, St. John’s is accelerating innovation while strengthening the experience for students, faculty, and staff.
Students First
Florida Polytechnic University – Lakeland, Fla.
Florida Polytechnic University was recognized for transforming the student experience with Ellucian solutions delivering a unified, student-first digital campus. The central workspace, MyFloridaPoly, is a single hub consolidating academic, administrative, and campus life resources. Streamlining access to essential tools and services reduced login barriers by 85%, increased mobile usage by 70%, and helped students save up to two hours per week. At the same time, the university retired more than 100 customizations and reduced infrastructure and licensing costs by 40%, creating a modern, scalable environment built around student success and continuous innovation.
Unlocking the Power of Data
Rend Lake College – Ina, Ill.
Rend Lake College earned recognition for using Ellucian Student powered by Colleague to transform a manual, paper-based state reporting process — collecting required student career and demographic data — into a fully automated, data-driven workflow. The institution expanded its data collection reach by 45%, increasing from 1,290 to more than 1,870 students, while boosting response rates by over 13%. Automation eliminated approximately two weeks of manual data entry, improving accuracy and freeing staff to focus on higher-value, student-centered support. The initiative also delivered measurable financial impact and supported a 5% enrollment growth, demonstrating how targeted data innovation can drive both operational efficiency and institutional outcomes.
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American University of Beirut – Beirut, Lebanon
The American University of Beirut was recognized for its exceptional institutional agility, leveraging Ellucian solutions to sustain operations and expand global reach amid ongoing national crises. Through the launch of AUB Online and modernization of its digital ecosystem, the university increased its program portfolio to more than 30 offerings and generated $6 million in tuition revenue, with continued growth projected. At the same time, AUB unified access to services through Ellucian’s central workspace capability, simplifying the digital environment by 83% and increasing user adoption from 45% to 90%. Operational efficiency improved significantly, with 80% fewer support tickets, 20% faster registration processes, and a 40% reduction in IT costs — positioning the university to deliver resilient, scalable education to learners worldwide.
To learn more about Ellucian solutions, visit: https://www.ellucian.com/
WHAT IS ELLUCIAN
Ellucian powers innovation for higher education, partnering with approximately 3,000 customers across 50 countries, serving more than 21 million students. Ellucian’s AI-powered platform, trained on the richest dataset available in higher education, drives efficiency, personalized experiences, and strengthened engagement for all students, faculty and staff. Fueled by decades of experience with a singular focus on the unique needs of learning institutions, the Ellucian platform features best-in-class SaaS capabilities and delivers insights needed now and into the future. These solutions and services span the entire student lifecycle, including data-rich tools for student recruitment, enrolment, and retention to workforce analytics, fundraising, and alumni engagement. Ellucian’s innovative solutions, vast ecosystem of partners and user community of more than 45,000 provides best practices leading to greater institutional success and achieving better student outcomes.
Media Contacts
Greg Giangrande, Chief Marketing Officer
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Bahamas Grid Company Appoints Two New Board Directors
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NASSAU, The Bahamas, April 22, 2026 /PRNewswire/ — Bahamas Grid Company (BGC) today announced the appointment of Nikolai Sawyer and Debra Symonette to its Board of Directors, effective April 20, 2026.
These appointments follow the company’s recent transition to a fully independent, Bahamian-led operating model, including the conclusion of Island Grid Solutions’ management role and the appointment of new executive leadership.
Mr. Sawyer is a senior financial attorney with over 20 years of experience across corporate law, banking, and financial services. He brings deep expertise in regulatory strategy, risk management, and corporate governance.
Ms. Symonette is President and Director of Super Value Food Stores Limited and a Certified Public Accountant with over 25 years of financial leadership experience. She has held senior roles in accounting, audit, and corporate governance, and currently serves as a Director of Commonwealth Bank.
“With these appointments, BGC continues to strengthen its governance as we move forward as a fully Bahamian-led organization,” said Anthony Ferguson, Chairman of BGC. “Nikolai and Debra bring extensive legal, financial, and operational experience that will support the company’s long-term performance and accountability.”
“This is an important step in BGC’s continued evolution,” said Dareo McKenzie, Chief Executive Officer. “I look forward to working with the Board to drive long-term performance and reliability across the system.”
The company’s Board of Directors now comprises Anthony Ferguson (Chairman), Nikolai Sawyer, and Debra Symonette.
About Bahamas Grid Company
Bahamas Grid Company (BGC) is a utility company in New Providence responsible for upgrading, maintaining, and operating the island’s transmission and distribution infrastructure, with the goal of delivering reliable, resilient, and sustainable power to all residents and businesses.
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Auburn’s College of Education embraces an AI-powered future to advance its mission
Published
21 minutes agoon
April 22, 2026By
AUBURN, Ala., April 22, 2026 /PRNewswire/ — As Artificial Intelligence (AI) becomes more integrated into daily life, Auburn University’s College of Education is sharpening its focus on this powerful tool and exploring how it can strengthen the preparation of future educators and healthcare workers.
Throughout the College of Education (and featured in the recent release of the college’s Keystone Magazine), artificial intelligence is being thoughtfully integrated across its four academic units, reflecting both the breadth of the college and a shared commitment to ethical, human-centered practice. Auburn College of Education Dean Jeffrey Fairbrother shared his perspective on how artificial intelligence aligns with the college’s vision for the future.
“In the College of Education, we’re committed to opening doors and improving lives, and artificial intelligence is an important door to opportunity,” he said. “I am proud of our faculty who are embracing AI to expand access, enhance learning and empower educators, always guided by ethics and integrity. By opening these doors today, we’re building a better future for all, far into the future.”
In the Department of Curriculum and Teaching, faculty are focused on teacher preparation and continuously improving methods of learning. Paul Fitchett, head of C&T, oversees several faculty members leading AI-focused initiatives, including some who are developing a course on the applied use of AI in the workplace that will come with industry credentialing.
“We are exploring AI through a number of different, applied facets,” Fitchett said. “Some individuals are leveraging AI to expand research capabilities while others are engaging AI to support teaching and learning, improving the educational experience for instructors and students alike.”
In Agricultural Education, Leadership and Communications, AI is treated as both a research tool and an object of study, with faculty developing a new AI course and even patent-pending technologies that support agriculture, Extension work and global food systems, always emphasizing the “expert in the loop” and transparency over blind automation. In Elementary Education, future teachers learn to use AI as a collaborative planning and efficiency tool, refining outputs through pedagogical expertise and deep knowledge of learners.
Margaret Flores, interim head of the Department of Special Education, Rehabilitation, and Counseling, emphasized the importance of research regarding how AI will impact these professions. SERC faculty members are working to integrate AI into their classrooms to inform their students about future uses in their careers.
In Clinical Rehabilitation Counseling, faculty are embedding AI directly into applied coursework, training students to critically evaluate AI-generated vocational data, labor market information and assessment recommendations while grounding decisions in professional judgment and ethics. In the School Counseling Program, students are prepared to navigate AI’s possibilities and limits through ethics-focused coursework and national research, reinforcing that empathy, nuance and confidentiality remain irreplaceable.
Meanwhile, the Education to Accomplish Growth in Life Experiences for Success (EAGLES) Program is leveraging AI as an equalizer for students with intellectual disabilities, using federally funded digital literacy and AI modules to promote independence, self-advocacy and access.
“AI can enhance the services or instruction that we provide, reduce administrative tasks and increase efficiency in research,” Flores said. “We must ensure that researchers are shaping how AI is changing our fields.”
In the Department of Educational Foundations, Leadership, and Technology, faculty are working with AI in multiple ways. Through basic and applied research, faculty are addressing early childhood vocabulary learning and mathematics learning, and learning how AI can help with research workflow, STEM learning and even the development of education policy.
Several faculty members are also incorporating AI into their classrooms, including the use of an AU tutor to support independent learning and AI-explicit language in teaching materials such as syllabi.
EFLT Department Head Hank Murrah said that his unit’s approach is about embracing the changes that come with AI while also working to shape how it will affect the future of education.
“We view AI as both a transformative research tool and a catalyst for innovation in teaching and learning,” Murrah said. “Our faculty are developing AI-driven interventions for STEM education, leveraging AI to streamline research workflows and exploring ethical frameworks for its use in classrooms. These efforts position us to prepare graduates who are not only AI-literate but capable of shaping evidence-based policy and practice. We believe AI will redefine how educators design learning experiences and how researchers generate insights—making education more adaptive, fair and impactful.”
Matt Miller serves as the director of the School of Kinesiology, whose faculty members are exploring how AI can help with conducting research and processing data to find ways to improve a person’s health. Within the School of Kinesiology, AI is being introduced in coursework related to exercise prescription and programming, helping students analyze data, tailor training plans and think critically about how emerging technologies can support safe, individualized, evidence-based practice.
“School of Kinesiology faculty members conduct research that yields large and complex datasets involving measures related to human movement, including but not limited to their physical activity throughout the day, brain activity during exercise, joint angles while walking or throwing a ball and protein expression after exercise training,” Miller said. “AI helps faculty members make sense of these measures to translate research findings into practical knowledge that can be used to enhance health and performance.”
Additionally, in the School of Kinesiology, the Sensorimotor and Rehabilitation (SMART) Neuroscience Lab studies the neuroscience of human movement using virtual and augmented reality simulations. And now, a new member of the lab has joined the team to help understand things like balance and walking: Circuit, the robotic “dog” who comes complete with artificial intelligence built in. Circuit is what’s called a quadruped robot (“robot dog”), and he’s used to explore new ways of supporting older adults’ safety at home.
Led by Director of Physical Therapy Harsimran Baweja, the SMART Neuroscience Lab is using Circuit to study whether robot dogs equipped with artificial intelligence and advanced sensors can reliably track human movement during everyday activities.
While there are many uses for AI, College of Education faculty members are also acutely aware that the human touch is an essential part of their work. The overall goal is to use AI to enhance the service provided to another human being, whether they are a student or a patient.
“Whatever their approach, integrity and professional ethics remain the driving force for our use of generative Artificial Intelligence,” Fitchett said. “Maintaining these principles is essential as we navigate an ever-changing landscape.”
Together, these efforts highlight a college-wide approach to AI that spans disciplines and populations, using emerging technologies not as replacements for human expertise, but as tools to expand opportunity, insight and impact.
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SOURCE Auburn University College of Education
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