Global Structural Health Monitoring Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Offering;

Hardware, Software, and Service

By Technology;

Wired SHM, and Wireless SHM.

By Application;

Fiber Optic, Acoustic Emission, Ultrasound, Thermography, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn649069171 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Structural Health Monitoring Market (USD Million), 2021 - 2031

In the year 2023, the Global Structural Health Monitoring Market was valued at USD 2,346.39 million. The size of this market is expected to increase to USD 5,962.03 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 14.3%.

Structural Health Monitoring involves the continuous surveillance and evaluation of structures like bridges, buildings, dams, and pipelines to swiftly detect and diagnose potential damage or deterioration in real-time. This proactive approach enables stakeholders to identify risks promptly, prioritize maintenance efforts effectively, and prolong the lifespan of critical infrastructure assets.

The market's growth is propelled by various factors, including the escalating frequency of natural disasters, aging infrastructure, and an increased emphasis on safety and sustainability. Advanced SHM solutions utilize an array of cutting-edge technologies such as sensors, data analytics, and predictive modeling techniques to monitor structural behavior comprehensively. By embedding sensors into structures, SHM systems monitor critical parameters like strain, vibration, temperature, and corrosion, offering invaluable insights into structural integrity.

Catering to a wide spectrum of industries including civil infrastructure, aerospace, energy, and transportation, the Global SHM Market plays a pivotal role in ensuring safety and reliability. In civil infrastructure, SHM is instrumental in safeguarding bridges, tunnels, and buildings, especially in urban areas prone to seismic activity or environmental hazards. Meanwhile, in aerospace, SHM technologies enable continuous monitoring of aircraft structures, contributing to enhanced flight safety and reduced maintenance costs.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Offering
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Structural Health Monitoring Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing concerns about aging infrastructure

        2. Rising frequency of natural disasters

        3. Growing adoption of advanced sensor technologies

      2. Restraints
        1. Challenges related to data management

        2. Limited interoperability

        3. Concerns about data privacy and security

      3. Opportunities
        1. Integration of artificial intelligence and machine learning

        2. Expansion of structural health monitoring applications

        3. Development of wireless sensor networks

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Structural Health Monitoring Market, By Offering, 2021 - 2031 (USD Million)
      1. Hardware
      2. Software
      3. Service
    2. Global Structural Health Monitoring Market, By Technology, 2021 - 2031 (USD Million)
      1. Wired SHM

      2. Wireless SHM

    3. Global Structural Health Monitoring Market, By Application, 2021 - 2031 (USD Million)
      1. Fiber Optic

      2. Acoustic Emission

      3. Ultrasound

      4. Thermography

      5. Others

    4. Global Structural Health Monitoring Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. COWI A/S
      2. DIGI-TEXX
      3. Geocomp Inc
      4. GEOKON
      5. GeoSIG Ltd
      6. HBK
      7. James Fisher and Sons plc
      8. Kinemetrics
      9. NATIONAL INSTRUMENTS CORP
      10. Nova Ventures Group
      11. Sixense
  7. Analyst Views
  8. Future Outlook of the Market