Market revenue in 2024 | USD 333.1 million |
Market revenue in 2030 | USD 1,110.1 million |
Growth rate | 22.2% (CAGR from 2024 to 2030) |
Largest segment | Hardware |
Fastest growing segment | Software & Services |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 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 |
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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 62.44% in 2024. Horizon Databook has segmented the China structural health monitoring market based on hardware, software & services covering the revenue growth of each sub-segment from 2018 to 2030.
In September 2022, large areas of the Yangtze Basin in China were affected by a record heatwave, which led to a reduction in water levels and disrupted electricity transmission to other parts of the country. The prolonged heat wave affected other parts of the country as well.
In response, Central China’s Hubei province, affected by the Yangtze drought, planned to spend CNY 176 billion (USD 24.7 billion) from 2021 to 2025 on water projects and began the construction of 18 such water projects. Such projects require the use of structural health monitoring tools to ensure the structural health of dams.
Horizon Databook provides a detailed overview of country-level data and insights on the China structural health monitoring market , including forecasts for subscribers. This country databook contains high-level insights into China structural health monitoring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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