Market revenue in 2024 | USD 120.2 million |
Market revenue in 2030 | USD 316.9 million |
Growth rate | 17.5% (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 64.48% in 2024. Horizon Databook has segmented the Saudi Arabia structural health monitoring market based on hardware, software & services covering the revenue growth of each sub-segment from 2018 to 2030.
The Kingdom of Saudi Arabia (KSA) market is expected to grow rapidly from 2024 to 2030 owing to the growing construction of new cities across the country. This is expected to lead to the construction of public infrastructure such as buildings, bridges, and stadiums, which is expected to surge the adoption of structural health monitoring systems.
Saudi Arabia’s Crown Prince Mohammed bin Salman’s Vision 2030 plan includes the construction of a USD 500 billion megacity that will link to Africa through a bridge over the Red Sea. The development is expected to diversify Saudi Arabia’s oil-driven economy.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia structural health monitoring market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia structural health monitoring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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