Asia Pacific Structural Health Monitoring Market Size & Outlook
Asia Pacific structural health monitoring market, 2018-2030 (US$M)
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Asia Pacific structural health monitoring market highlights
- The Asia Pacific structural health monitoring market generated a revenue of USD 895.1 million in 2024.
- The market is expected to grow at a CAGR of 20.6% from 2025 to 2030.
- In terms of segment, hardware was the largest revenue generating solution in 2024.
- Software & Services is the most lucrative solution segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 895.1 million |
| Market revenue in 2030 | USD 2,754.2 million |
| Growth rate | 20.6% (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 |
| Key market players worldwide | Highbank Resources Ltd, Emerson Electric Co, Xylem Inc, Acellent Technologies, Campbell Scientific, COWI, DIGI-TEXX Vietnam, Geocomp, GEOKON, GeoSIG, James Fisher and Sons plc, Kinemetrics, Inc., Nova Ventures, Sixense, Structural Monitoring Systems |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 24.3% of the global structural health monitoring market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,754.2 million by 2030.
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Structural Health Monitoring Market Scope
Structural Health Monitoring Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific 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 63.19% in 2024. Horizon Databook has segmented the Asia Pacific structural health monitoring market based on hardware, software & services covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific Structural Health Monitoring (SHM) market growth can be attributed to the growing government regulations in countries such as China and South Korea, requiring SHM for critical infrastructures such as bridges and buildings.
Additionally, increased awareness of the benefits of SHM, such as improved safety, lower maintenance costs, and a longer lifespan of structures, is contributing to the regional market growth. Moreover, advancements in technology such as advanced sensors, data analysis, and cloud computing are making SHM solutions more effective and affordable.
A favorable regulatory environment, increased awareness, and advancements in technology, coupled with rapid urbanization and aging infrastructure, in many Asian countries are driving the demand for SHM solutions in Asia Pacific.
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Target buyers of Asia Pacific 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 continent-level data and insights on the Asia Pacific structural health monitoring market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific structural health monitoring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific structural health monitoring market size, by country, 2018-2030 (US$M)
Asia Pacific Structural Health Monitoring Market Outlook Share, 2024 & 2030 (US$M)
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