Market revenue in 2024 | USD 283.0 million |
Market revenue in 2030 | USD 793.8 million |
Growth rate | 18.8% (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 61.63% in 2024. Horizon Databook has segmented the Germany structural health monitoring market based on hardware, software & services covering the revenue growth of each sub-segment from 2018 to 2030.
Structural health monitoring tools have emerged as important tools to ensure the safety and longevity of infrastructure, including bridges, buildings, and dams in the Germany SHM market. These tools are being leveraged to detect any signs of damage, degradation, or unusual behavior.
Under Germany’s Federal Transport Infrastructure Plan (FTIP), the federal government of Germany sanctioned USD 147.6 billion for road development in Germany from 2016 to 2030. From this investment, USD 74.4 billion were allocated for structural maintenance and replacement of infrastructure.
Structural health monitoring tools play a critical role in the maintenance and detection of any signs of damage to infrastructure. The FTIP investment is expected to play a crucial role in driving the demand for structural health monitoring tools in Germany.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany structural health monitoring market , including forecasts for subscribers. This country databook contains high-level insights into Germany structural health monitoring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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