Structural health monitoring market of Western Europe to be dominated by UK till the end of 2016

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The structural health monitoring market in the Western European region is predicted to be valued at US$ 343.2 Mn by the end of 2016, according to a report published by Future Market Insights. The structural heath monitoring market is directly attached with the growth of the real estate market and growing awareness among private and public players about public safety and structural health monitoring standardisation. Amongst the western European countries Britain (UK) has preserved its heritage and has equally promoted futuristic engineering through proper government policies. The country is nurturing one of the fastest growing real estate markets of Western Europe. The country’s revamped real estate policies after the global meltdown and foreign investment in the real estate sector is expanding the market for real estate. The growth of real estate is directly impacting the growth of the structural health monitoring market. The country has also rolled out some strict measures to maintain public safety and to maintain the quality of engineering structures through regular structural health monitoring. The emergence of massive industrialisation is fuelling market growth and opening a window of opportunity for the growth of the structural health monitoring market.

Apart from realty health care is another thriving industry in UK. Some of the major players of this segment are camped across UK and they are constantly creating a cohesive atmosphere of growth for the structural health monitoring market. The other industries in UK such as military and aviation, education industries are registering steady growth and they are taking special care for towards public safety by building safe buildings. The commercial and domestic constructions are regularly passed through structural health monitoring tests and this trend is aggravating the growth of the structural health monitoring market in UK. The tourism industry and preservation of historical structures spread across UK is a prime priority of the government. In a bid to protect and preserve historical buildings the government has taken several reform measures and in this area structural health monitoring is playing a crucial role. Regulatory policies are also creating new avenues suitable for the growth of the structural health monitoring market.

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Find out more by accessing a sample of the report at http://www.futuremarketinsights.com/reports/sample/rep-gb-1167



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FMI

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.