Product Code: GVR-2-68038-587-8
Structural Health Monitoring Market Growth & Trends:
The global structural health monitoring market size is estimated to reach USD 10.48 billion by 2030, expanding at a CAGR of 19.2% from 2025 to 2030, according to a new report by Grand View Research, Inc. Growing investments in infrastructural development and government regulations mandating implementation of sensors and data acquisition systems to monitor structure health are expected to augment the market. Increasing age of existing bridges and dams and rising focus on infrastructural advancements including construction of new bridges, dams, buildings, and stadiums are also providing a push to the market.
Superior infrastructure is essential for regional development and it helps to increase productivity of the private as well as public sectors. Therefore, rapid infrastructural development across the globe is one of the primary growth stimulants for the market. These systems help in reducing cost by removing need for inspection staff and maintenance. Additionally, with ongoing advancements in technology, these systems are being used in applications such as diagnosing vessels and platforms in marine industries, aircraft frames in aerospace and defense, and inspection of large machines.
North America is projected to dominate the market throughout the forecast horizon owing to surging demand from applications such as bridges & dams and buildings & stadiums. However, Asia Pacific is poised to post the highest CAGR of 18.9% during the same period. This is owing to increasing investments in the civil infrastructure sector, along with industries such as aerospace, defense, marine, and manufacturing. Moreover, in 2014, the Chinese government laid down new regulations mandating use of SHM systems while building new architectural structures and bridges. They have restricted replacement time period for an embedded sensor to 20 years and three to five years for a sensor placed on the surface of the bridge. Furthermore, expanding production of oil sands and shale gas in regions such as Africa and Asia are anticipated to stir up the demand for structural health monitoring systems.
Structural Health Monitoring Market Report Highlights:
- The hardware segment is likely to dominate the structural health monitoring market throughout the forecast period owing to higher cost of sensors and data acquisition systems as compared to that of software and services
- In terms of application, the market for structural health monitoring is dominated by bridges & dams and the trend is estimated to continue until 2030. This is due to increasing investments in order to check for health of structures, thus ensuring public safety
- Prominent industry participants include National Instruments Corporation; Structural Monitoring Systems; Digitexx Data Systems, Inc.; and Pure Technologies.
- North America dominated the global structural health market, accounting for the highest revenue share of 36% in 2024.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.2.1. Information Procurement
- 1.3. Information or Data Analysis
- 1.4. Methodology
- 1.5. Research Scope and Assumptions
- 1.6. Market Formulation & Validation
- 1.7. Country Based Segment Share Calculation
- 1.8. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Structural Health Monitoring Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. Structural Health Monitoring Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic and social landscape
- 3.3.2.3. Technological landscape
- 3.4. Pain Point Analysis
Chapter 4. Structural Health Monitoring Market: Solution Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Structural Health Monitoring Market: Solution Movement Analysis, USD Billion, 2024 & 2030
- 4.3. Hardware
- 4.3.1. Hardware Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.3.2. Sensors
- 4.3.2.1. Sensors Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.3.3. Data Acquisition Systems
- 4.3.3.1. Data Acquisition Systems Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.3.4. Others
- 4.3.4.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.4. Software & Services
- 4.4.1. Software & Services Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 5. Structural Health Monitoring Market: Technology Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Structural Health Monitoring Market: Technology Movement Analysis, USD Billion, 2024 & 2030
- 5.3. Wireless SHM
- 5.3.1. Wireless SHM Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.4. Wired SHM
- 5.4.1. Wired SHM Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 6. Structural Health Monitoring Market: Application Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Structural Health Monitoring Market: Application Movement Analysis, USD Billion, 2024 & 2030
- 6.3. Vessels & Platforms
- 6.3.1. Vessels & Platforms Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4. Bridges & Dams
- 6.4.1. Bridges & Dams Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.2. Bridges
- 6.4.2.1. Bridges Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.3. Rails
- 6.4.3.1. Rails Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.4. Dams
- 6.4.4.1. Dams Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.5. Buildings & Statdiums
- 6.5.1. Buildings & Statdiums Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.6. Healthcare & Lifesciences
- 6.6.1. Healthcare & Lifesciences Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.7. Buildings & Statdiums
- 6.7.1. Buildings & Statdiums Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.8. Airframes & Wind Turbines
- 6.8.1. Airframes & Wind Turbines Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.8.2. Airframes
- 6.8.2.1. Airframes Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.8.3. Wind Turbines
- 6.8.3.1. Wind Turbines Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.9. Large Machines & Equipment
- 6.9.1. Large Machines & Equipment Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 7. Structural Health Monitoring Market: Regional Estimates & Trend Analysis
- 7.1. Structural Health Monitoring Market Share, By Region, 2024 & 2030, USD Billion
- 7.2. North America
- 7.2.1. North America Structural Health Monitoring Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.2. U.S.
- 7.2.2.1. U.S. Structural Health Monitoring Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.3. Canada
- 7.2.3.1. Canada Structural Health Monitoring Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.4. Mexico
- 7.2.4.1. Mexico Structural Health Monitoring Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3. Europe
- 7.3.1. Europe Structural Health Monitoring Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.2. UK
- 7.3.2.1. UK Structural Health Monitoring Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.3. Germany
- 7.3.3.1. Germany Structural Health Monitoring Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.4. France
- 7.3.4.1. France Structural Health Monitoring Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Structural Health Monitoring Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.2. China
- 7.4.2.1. China Structural Health Monitoring Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.3. Japan
- 7.4.3.1. Japan Structural Health Monitoring Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.4. India
- 7.4.4.1. India Structural Health Monitoring Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.5. South Korea
- 7.4.5.1. South Korea Structural Health Monitoring Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.6. Australia
- 7.4.6.1. Australia Structural Health Monitoring Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.5. Latin America
- 7.5.1. Latin America Structural Health Monitoring Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.5.2. Brazil
- 7.5.2.1. Brazil Structural Health Monitoring Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6. Middle East and Africa
- 7.6.1. Middle East and Africa Structural Health Monitoring Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6.2. UAE
- 7.6.2.1. UAE Structural Health Monitoring Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6.3. KSA
- 7.6.3.1. KSA Structural Health Monitoring Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6.4. South Africa
- 7.6.4.1. South Africa Structural Health Monitoring Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 8. Competitive Landscape
- 8.1. Company Categorization
- 8.2. Company Market Positioning
- 8.3. Company Heat Map Analysis
- 8.4. Company Profiles/Listing
- 8.4.1. Acellent Technologies, Inc.
- 8.4.1.1. Participant's Overview
- 8.4.1.2. Financial Performance
- 8.4.1.3. Product Benchmarking
- 8.4.1.4. Strategic Initiatives
- 8.4.2. Campbell Scientific, Inc.
- 8.4.2.1. Participant's Overview
- 8.4.2.2. Financial Performance
- 8.4.2.3. Product Benchmarking
- 8.4.2.4. Strategic Initiatives
- 8.4.3. COWI A/S
- 8.4.3.1. Participant's Overview
- 8.4.3.2. Financial Performance
- 8.4.3.3. Product Benchmarking
- 8.4.3.4. Strategic Initiatives
- 8.4.4. Digitexx Data Systems, Inc.
- 8.4.4.1. Participant's Overview
- 8.4.4.2. Financial Performance
- 8.4.4.3. Product Benchmarking
- 8.4.4.4. Strategic Initiatives
- 8.4.5. Geocomp, Inc.
- 8.4.5.1. Participant's Overview
- 8.4.5.2. Financial Performance
- 8.4.5.3. Product Benchmarking
- 8.4.5.4. Strategic Initiatives
- 8.4.6. GEOKON
- 8.4.6.1. Participant's Overview
- 8.4.6.2. Financial Performance
- 8.4.6.3. Product Benchmarking
- 8.4.6.4. Strategic Initiatives
- 8.4.7. GeoSIG Ltd.
- 8.4.7.1. Participant's Overview
- 8.4.7.2. Financial Performance
- 8.4.7.3. Product Benchmarking
- 8.4.7.4. Strategic Initiatives
- 8.4.8. Hottinger Bruel & Kjaer (HBK)
- 8.4.8.1. Participant's Overview
- 8.4.8.2. Financial Performance
- 8.4.8.3. Product Benchmarking
- 8.4.8.4. Strategic Initiatives
- 8.4.9. James Fisher and Sons plc
- 8.4.9.1. Participant's Overview
- 8.4.9.2. Financial Performance
- 8.4.9.3. Product Benchmarking
- 8.4.9.4. Strategic Initiatives
- 8.4.10. Kinemetrics
- 8.4.10.1. Participant's Overview
- 8.4.10.2. Financial Performance
- 8.4.10.3. Product Benchmarking
- 8.4.10.4. Strategic Initiatives
- 8.4.11. National Instruments Corp
- 8.4.11.1. Participant's Overview
- 8.4.11.2. Financial Performance
- 8.4.11.3. Product Benchmarking
- 8.4.11.4. Strategic Initiatives
- 8.4.12. Nova Ventures
- 8.4.12.1. Participant's Overview
- 8.4.12.2. Financial Performance
- 8.4.12.3. Product Benchmarking
- 8.4.12.4. Strategic Initiatives
- 8.4.13. SIXENSE
- 8.4.13.1. Participant's Overview
- 8.4.13.2. Financial Performance
- 8.4.13.3. Product Benchmarking
- 8.4.13.4. Strategic Initiatives
- 8.4.14. Structural Monitoring Systems Plc.
- 8.4.14.1. Participant's Overview
- 8.4.14.2. Financial Performance
- 8.4.14.3. Product Benchmarking
- 8.4.14.4. Strategic Initiatives
- 8.4.15. Xylem, Inc.
- 8.4.15.1. Participant's Overview
- 8.4.15.2. Financial Performance
- 8.4.15.3. Product Benchmarking
- 8.4.15.4. Strategic Initiatives