North America Structural Health Monitoring Market Size & Outlook

The structural health monitoring market in North America is expected to reach a projected revenue of US$ 3,622.7 million by 2030. A compound annual growth rate of 18.8% is expected of North America structural health monitoring market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,290.5
Forecast, 2030 (US$M)
$3,622.7
CAGR, 2025 - 2030
18.8%
Report Coverage
North America

North America structural health monitoring market highlights

  • The North America structural health monitoring market generated a revenue of USD 1,290.5 million in 2024.
  • The market is expected to grow at a CAGR of 18.8% 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, U.S. is expected to register the highest CAGR from 2025 to 2030.


North America data book summary

Market revenue in 2024USD 1,290.5 million
Market revenue in 2030USD 3,622.7 million
Growth rate18.8% (CAGR from 2024 to 2030)
Largest segmentHardware
Fastest growing segmentSoftware & Services
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software & Services
Key market players worldwideHighbank 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, North America region accounted for 35.0% 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 segmentation & scope
Sensors
Data Acquisition Syatems
Others
Software & Services
Wired SHM
Wireless SHM
Bridges & Dams
Buildings & Statdiums
Vessels & Platforms
Airframes & Wind Turbines
Large Machines & Equipments

Structural Health Monitoring Market Companies

Name Profile # Employees HQ Website

North America 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 60.99% in 2024. Horizon Databook has segmented the North America structural health monitoring market based on hardware, software & services covering the revenue growth of each sub-segment from 2018 to 2030.


The growth of the Structural Health Monitoring (SHM) market in North America can be attributed to the high investments undertaken by countries such as the U.S. and Canada for infrastructure development. Both government and private sectors support these large-scale infrastructure development activities.

For instance, in November 2021, the U.S. government signed the Infrastructure Investment and Jobs Act (IIJA), alternatively known as the Bipartisan Infrastructure Law (BIL). The law allotted USD 1.2 trillion for infrastructure and transportation. BIL directs federal funds toward energy, transportation, and climate infrastructure projects, most of which are distributed via state and local governments.

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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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America structural health monitoring market , including forecasts for subscribers. This continent databook contains high-level insights into North America structural health monitoring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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North America structural health monitoring market size, by country, 2018-2030 (US$M)

North America Structural Health Monitoring Market Outlook Share, 2024 & 2030 (US$M)

North America structural health monitoring market size, by country, 2018-2030 (US$M)

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