Global Structural Health Monitoring Market Size & Outlook
The structural health monitoring industry worldwide is expected to reach a projected revenue of US$ 10,482.0 million by 2030. A compound annual growth rate of 19% is expected of the worldwide structural health monitoring industry from 2025 to 2030.
Revenue, 2024 (US$M)
$3,683.9
Forecast, 2030 (US$M)
$10,482.0
CAGR, 2025 - 2030
19%
Report Coverage
Worldwide
Global structural health monitoring market, 2018-2030 (US$M)
Related Markets
Global structural health monitoring market highlights
- The global structural health monitoring market generated a revenue of USD 3,683.9 million in 2024 and is expected to reach USD 10,482.0 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 19% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 2,289.8 million in 2024.
- Software & Services is the most lucrative solution segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, South Africa is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 3,683.9 million |
| Market revenue in 2030 | USD 10,482.0 million |
| Growth rate | 19% (CAGR from 2024 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software & Services |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software & Services |
Other key industry trends
- In terms of revenue, the North America accounted for 35.0% of the global structural health monitoring market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 99.3 million by 2030.
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Structural Health Monitoring Market Scope
Structural health monitoring market segmentation & scope
Structural Health Monitoring Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global structural health monitoring market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to structural health monitoring market will help companies and investors design strategic landscapes.
hardware was the largest segment with a revenue share of 62.16% in 2024. Horizon Databook has segmented the Global structural health monitoring market based on hardware, software & services covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Structural Health Monitoring Solution Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Sensors
- Data Acquisition Syatems
- Others
- Software & Services
- Hardware
- Global Structural Health Monitoring Technology Outlook (Revenue, USD Million, 2018-2030)
- Wired SHM
- Wireless SHM
- Global Structural Health Monitoring Application Outlook (Revenue, USD Million, 2018-2030)
- Bridges & Dams
- Buildings & Statdiums
- Vessels & Platforms
- Airframes & Wind Turbines
- Large Machines & Equipments
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Target buyers of Global structural health monitoring market databook
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Our clientele includes a mix of structural health monitoring market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global structural health monitoring market , including forecasts for subscribers. This global databook contains high-level insights into Global structural health monitoring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global structural health monitoring market statistics, by region, 2018-2030 (US$M)
Top 10 countries: Structural health monitoring market size, 2024 (USD Million)
Top 10 countries: Structural health monitoring market size, 2024 (USD Million)
Global structural health monitoring market, by region, 2024 (US$M)
Related regional statistics
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