Middle East & Africa Structural Health Monitoring Market Size & Outlook
Middle East & Africa structural health monitoring market, 2018-2030 (US$M)
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MEA structural health monitoring market highlights
- The MEA structural health monitoring market generated a revenue of USD 418.9 million in 2024.
- The market is expected to grow at a CAGR of 17.3% 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, UAE is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 418.9 million |
| Market revenue in 2030 | USD 1,092.2 million |
| Growth rate | 17.3% (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, MEA region accounted for 11.4% 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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Middle East & Africa 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 62.69% in 2024. Horizon Databook has segmented the Middle East & Africa structural health monitoring market based on hardware, software & services covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East & Africa market is anticipated to grow substantially owing to the increasing number of construction projects in the region. SHM plays a vital role in enhancing construction safety and the growth of the market is directly proportional to the number of construction sites.
Middle Eastern countries such as the Kingdom of Saudi Arabia (KSA) and the United Arab Emirates (UAE) are investing heavily in renewable energy projects and upgrading public infrastructure.
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Target buyers of Middle East & Africa 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 Middle East & Africa structural health monitoring market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa structural health monitoring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA structural health monitoring market size, by country, 2018-2030 (US$M)
Middle East & Africa Structural Health Monitoring Market Outlook Share, 2024 & 2030 (US$M)
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