Smart Bridges Market - Forecast(2021 - 2026)
The global Smart Bridge market has recorded annual revenue of $475.81 million in 2017 and is estimated to grow at a CAGR of 24.63% during the forecast period 2018-2023. Mineral salt is the single largest segment in the Smart Bridge market in the perspective of ingredient type. The revenue of mineral salt is $527.4 million in 2017 and is expected to grow at a CAGR of 12.3% during 2018 to 2023. Request Sample What is Smart Bridge? Smart bridge is a type of smart infrastructure incorporated with multiple sensing or data acquisition hardware to monitor various parameters including traffic influx, load on the bridge, stress induced on pillars or strain on the suspension cables, thermal stress and so on. The data so collected is processed by a central control unit for traffic management and condition monitoring. On the occurrence of any failure symptoms on the bridge the system detects location of critically so that it can be subjected to proper maintenance and prevents catastrophic fa...