Global Structural Health Monitoring Market
Structural Health Monitoring Market

Report ID: SQMIG60I2004

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Structural Health Monitoring Market Size, Share, and Growth Analysis

Global Structural Health Monitoring Market

Structural Health Monitoring Market By Component (Hardware, Software and Services), By Technology (Wired, Wireless), By Vertical (Civil Infrastructure, Aerospace and Defence), By Applications, By Implementation, By Region -Industry Forecast 2026-2033


Report ID: SQMIG60I2004 | Region: Global | Published Date: December, 2025
Pages: 183 |Tables: 151 |Figures: 72

Format - word format excel data power point presentation

Structural Health Monitoring Market Insights

Global Structural Health Monitoring Market size was valued at USD 2.43 Billion in 2024 and is poised to grow from USD 2.68 Billion in 2025 to USD 5.87 Billion by 2033, growing at a CAGR of 10.3% during the forecast period (2026–2033).

The structural health monitoring market is experiencing strong growth due to increasing concerns over infrastructure safety and aging assets across the globe. As infrastructure such as bridges, dams, buildings, and tunnels continue to deteriorate, the need for real-time monitoring and predictive maintenance has become critical.

The adoption of advanced technologies like IoT-enabled sensors, edge computing, and AI-based analytics is transforming the way infrastructure is monitored, offering enhanced accuracy, automation, and efficiency. SHM systems are being increasingly integrated into both new construction and retrofitting projects to ensure long-term asset performance and compliance with safety regulations.

Aging infrastructure, increased infrastructure investment, and stringent safety regulations are among the major factors driving the growth of the Structural health monitoring for preventive maintenance and risk mitigation. Advancements in sensor technology, data analytics, and machine learning enhance monitoring capabilities, enabling real-time anomaly detection and predictive maintenance. Integration with building information modeling (BIM) further enhances monitoring, analysis, and decision-making throughout a structure's lifecycle.

The market is driven by factors such as aging infrastructure, rising infrastructure investments, stringent safety regulations, advancements in sensor technology, and data analytics. Key opportunities include expanding into new applications, focusing on cloud-based solutions, creating standardized protocols, prioritizing user-friendliness, and integrating with Building Information Modeling (BIM), Building Management Systems (BMS), and Computerized Maintenance Management Systems (CMMS). These drivers and opportunities facilitate the market's growth and adaptability.

The rapid growth of urbanization and infrastructural development stands as a significant driver fueling the growth of the structural health monitoring market. With global agendas such as the Sustainable Development Goals and the aim for net zero emissions by 2050 emphasizing the need for sustainable infrastructure, there is a growing need for substantial investments.

How is AI Transforming the Structural Health Monitoring Market?

Artificial Intelligence (AI) is significantly transforming the structural health monitoring market by enabling faster, smarter, and more predictive infrastructure management. In 2024, AI-driven SHM systems are playing a crucial role in enhancing decision-making, reducing false alarms, and improving the accuracy of structural assessments. The use of machine learning (ML) algorithms and deep learning models allows SHM systems to interpret complex datasets from sensors in real-time, detect anomalies early, and forecast potential failures before they occur.

Recent developments in 2024 include the integration of Edge AI in SHM systems, where AI models are deployed directly on monitoring devices to analyze data locally. This reduces latency and dependency on cloud infrastructure, which is especially valuable for remote or high-risk infrastructure like bridges, dams, and offshore platforms. For instance, companies have launched edge-based SHM devices that combine vibration sensors with onboard ML algorithms to detect cracks or fatigue in steel structures without the need for constant human inspection.

Market snapshot - 2026-2033

Global Market Size

USD 3.1 Billion

Largest Segment

Hardware

Fastest Growth

Software and Services

Growth Rate

11.0% CAGR

Global Structural Health Monitoring Market 2026-2033 ($ Bn)
Country Share for North America Region 2025 (%)

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Structural Health Monitoring Market Segments Analysis

Global structural health monitoring market is segmented into component, technology, vertical, applications, implementation and region. Based on components, the market is segmented into hardware, software and services. Based on technology, the market is segmented into wired and wireless. Based on vertical, the market is segmented into civil infrastructure, aerospace and defence, energy, mining and others. Based on applications, the market is segmented into crack detection, damage detection, impact monitoring, corrosion monitoring, strain monitoring, hotspot monitoring, state sensing, multi-modal sensing, pressure monitoring, leak detection, deflection monitoring and hurricane and earthquake monitoring. Based on implementation, the market is segmented into new construction and retrofitting. Based on region the market is segmented as, North America, Asia Pacific, Europe, Latin America, Middle East and Africa.

What Components are Included in the Hardware Segment?

As per structural health monitoring market analysis, the hardware segment currently holds the dominant position. This includes sensors, data acquisition systems, and communication devices that form the core components for collecting structural data. The widespread deployment of these physical devices across various infrastructures such as bridges, buildings, and dams maintains hardware as the largest revenue contributor.

As per the global structural health monitoring market outlook, the software and services segment are the fastest growing within the market. Advances in AI, machine learning, and cloud computing have accelerated demand for sophisticated software platforms that analyze sensor data, provide predictive insights, and support real-time decision-making. Additionally, services such as installation, maintenance, data management, and consulting are expanding rapidly, driven by the increasing complexity of SHM systems and the need for specialized expertise.

Why are Wired Systems Highly Prevalent in Structural Health Monitoring?

Wired segment currently holds the dominant position in the structural health monitoring market. Their prevalence is largely attributed to the high reliability and stable data transmission they offer, which is essential for monitoring critical infrastructure such as bridges, dams, tunnels, and high-rise buildings. Wired connections provide consistent, uninterrupted data flow, minimizing the risk of data loss or interference factors that are crucial in environments where safety, precision, and regulatory compliance are top priorities. Because of these advantages, wired SHM systems remain the preferred choice for permanent installations in complex and high-risk infrastructure projects, where long-term monitoring accuracy is critical.

As per global structural health monitoring market forecast, the wireless segment represents the fastest growing segment within the market. Advances in wireless sensor technologies, including low-power consumption and improved data security, have made wireless SHM solutions increasingly viable. Wireless systems significantly reduce installation complexity and costs by eliminating the need for extensive cabling, which can be expensive and time-consuming, especially in hard-to-reach or hazardous locations. This ease of deployment, combined with growing demand for scalable and flexible monitoring solutions, is driving rapid adoption of wireless SHM across various sectors.

Global Structural Health Monitoring Market By Component 2026-2033 (%)

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Structural Health Monitoring Market Regional Insights

What is the Overview of the Structural Health Monitoring Market in North America?

North America is a leading region in the market due to its well-established infrastructure and early adoption of advanced technologies. The presence of major infrastructure assets, coupled with stringent safety regulations and strong government funding, supports robust demand for SHM solutions. The U.S. and Canada drive the market with ongoing investments in infrastructure modernization, smart city projects, and disaster resilience initiatives.

Structural Health Monitoring Market in U.S.

The U.S. market holds a significant structural health monitoring market share. Extensive highway networks, aging bridges, and critical public facilities prompt widespread SHM adoption. Federal infrastructure programs, like the Infrastructure Investment and Jobs Act, allocate funding for sensor-based monitoring systems to enhance safety and longevity. Private sector investments in energy and transportation sectors also boost demand.

Structural Health Monitoring Market in Canada

Canada’s market is growing steadily, driven by increasing awareness of infrastructure risks due to harsh weather conditions and natural disasters. Public and private investments focus on bridge safety, hydroelectric plants, and urban infrastructure. Government initiatives promoting smart infrastructure and digital twin technologies further stimulate structural health monitoring market growth.

What is the Current Status of the Structural Health Monitoring Market in Asia-Pacific?

Asia-Pacific is the fastest-growing region in the market, fueled by rapid urbanization, infrastructure expansion, and government support for smart city projects. Countries like Japan and South Korea lead the adoption of cutting-edge SHM technologies, emphasizing automation and real-time monitoring for disaster-prone and densely populated areas.

Structural Health Monitoring Market in Japan

As per regional analysis, Japan’s market is mature and technologically advanced, largely driven by the country’s vulnerability to earthquakes and tsunamis. Continuous monitoring of bridges, tunnels, and nuclear facilities is mandatory, supported by strong government policies. The integration of AI and IoT in SHM solutions is widespread, aiming to improve predictive maintenance and disaster response.

What are the Drivers of Structural Health Monitoring Market Growth in South Korea?

As per structural health monitoring industry analysis, South Korea is investing heavily in smart infrastructure as part of its national development plan. The government promotes the use of wireless sensors and AI-driven analytics for real-time structural monitoring. The expanding construction of smart buildings, highways, and urban rail systems fuels demand for reliable SHM technologies.

How is the Structural Health Monitoring Market Shaping Up in Europe?

Europe holds a significant share in the global structural health monitoring market, backed by strict regulatory frameworks and large-scale infrastructure investments. The focus is on retrofitting aging infrastructure and integrating SHM systems into new construction projects, particularly in Germany, the UK, and Italy. European initiatives on sustainability and smart city development further encourage SHM adoption.

Structural Health Monitoring Market in Germany

Germany leads Europe in SHM deployment with advanced infrastructure and strong government support for digital transformation. The country emphasizes integrating SHM with Industry 4.0 concepts, using AI and cloud computing to enhance structural safety and maintenance efficiency, particularly in transportation and energy sectors.

Structural Health Monitoring Market in UK

The UK’s structural health monitoring market benefits from ongoing infrastructure renewal programs and investments in smart technologies. The focus is on monitoring railways, bridges, and heritage structures. Public-private partnerships play a key role in driving SHM adoption, with an emphasis on sustainability and regulatory compliance.

Structural Health Monitoring Market in Italy

Italy’s structural health monitoring market is growing as a response to aging infrastructure and seismic risks. Government policies encourage the use of sensor technologies and predictive maintenance, especially for historic buildings, bridges, and transportation networks. Italy also benefits from EU funding aimed at infrastructure resilience and smart city projects.

Global Structural Health Monitoring Market By Geography, 2026-2033
  • Largest
  • Fastest

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Structural Health Monitoring Market Dynamics

Structural Health Monitoring Market Drivers

Aging Infrastructure and Safety Concerns

  • Across developed and developing countries, a significant portion of infrastructure such as bridges, flyovers, tunnels, buildings, and dams is nearing or exceeding its intended lifespan. The structural integrity of these assets poses serious risks to public safety and economic stability. As a result, there is a growing demand for continuous, real-time monitoring systems that can detect early signs of stress, cracks, corrosion, or fatigue. SHM systems play a crucial role in enabling timely maintenance and rehabilitation, helping governments and private operators avoid catastrophic failures, reduce downtime, and extend the operational life of critical assets.

Government Regulations and Infrastructure Investments

  • Governments across the globe are prioritizing infrastructure safety through updated regulations and standards. Mandates for routine structural inspections, load testing, and lifecycle monitoring are pushing public agencies and private infrastructure managers to invest in SHM technologies. Large-scale infrastructure investment programs particularly in transportation, energy, and smart cities are also accelerating adoption. For example, national highway modernization plans, railway expansion projects, and offshore wind farm developments often include built-in SHM systems as a compliance requirement, boosting market growth.

Structural Health Monitoring Market Restraints

High Initial Costs and Complex Installation

  • Despite the long-term benefits of SHM, the high upfront investment required for system installation is a major barrier. Costs include not only the hardware components sensors, data acquisition systems, and communication units but also software licenses, integration with existing systems, and ongoing maintenance. Retrofitting SHM solutions onto existing structures can be particularly expensive and technically challenging, often requiring structural modifications or access to hard-to-reach areas. This cost factor limits adoption, especially in smaller infrastructure projects or in regions with limited public funding.

Data Management Challenges and Skill Shortages

  • SHM systems generate large volumes of data from various sensors over extended periods. Processing, analyzing, and interpreting this data for actionable insights requires advanced data management tools and highly skilled personnel. However, many infrastructure owners lack the in-house expertise to manage such systems or interpret complex outputs. Additionally, the shortage of trained professionals in structural analytics, data science, and AI integration hampers the full potential of SHM systems, particularly in developing economies or smaller engineering firms.

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Structural Health Monitoring Market Competitive Landscape

The competitive landscape of the structural health monitoring industry is marked by increased strategic collaborations, acquisitions, and technology partnerships aimed at strengthening market positions and expanding technological capabilities. Leading companies such as Siemens, Honeywell, ABB, and National Instruments are actively pursuing partnerships to integrate advanced AI, digital twin, and IoT technologies into their SHM offerings.

As per market strategies, NV5’s acquisition of myBIMteam in May 2024 exemplifies this trend, enhancing its digital twin and BIM capabilities critical for modern SHM solutions. Similarly, collaborations like ABS and Seatrium’s development of offshore SHM digital twins reflect a growing focus on combining sensor data with predictive analytics to improve infrastructure safety.

In recent years, the structural health monitoring market has seen the emergence of innovative startups that are driving technological advancements and disrupting traditional approaches to infrastructure monitoring. These startups focus on integrating cutting-edge technologies such as artificial intelligence, wireless sensor networks, edge computing, and digital twins to offer smarter, more scalable, and cost-effective SHM solutions.

  • Sanrachna Prahari Private Limited (SPPL): Founded in 2024 and incubated at IIT Delhi, Sanrachna Prahari Private Limited (SPPL) is an Indian startup focused on AI-powered structural health monitoring solutions. The company leverages real-time sensor data combined with predictive analytics to continuously monitor the condition of critical infrastructure such as bridges, dams, and buildings. Their goal is to enhance safety, optimize maintenance schedules, and reduce costs by detecting structural issues early.
  • RVmagnetics: Established in 2015 in Košice, Slovakia, RVmagnetics develops innovative contactless SHM systems based on magnetic microwire sensor technology. This approach enables the monitoring of stress and strain in materials like concrete and composites without physical contact, which is especially useful in scenarios where traditional sensors are difficult to deploy. RVmagnetics’ technology finds applications across construction, automotive, and other industries requiring reliable real-time structural monitoring.

Top Player’s Company Profiles

  • NV5
  • GISI
  • Siemens AG
  • General Electric (GE)
  • Honeywell International Inc.
  • National Instruments Corporation
  • ABB Ltd.
  • Cisco Systems, Inc.
  • SCHNEIDER ELECTRIC
  • Meggitt PLC
  • Acellent Technologies, Inc.
  • Kinemetrics, Inc.
  • Physical Acoustics Corporation
  • Baker Hughes Company

Recent Developments in Structural Health Monitoring Market

  • In February 2024, SAM Companies, known for geospatial and inspection solutions, acquired PrecisionPoint, a firm specializing in 3D laser scanning and BIM services. This acquisition enhances SAM Companies’ capabilities in high-resolution structural mapping and digital modeling, which supports detailed diagnostics and condition monitoring in SHM systems.
  • In May 2024, NV5 acquired myBIMteam, a company specializing in building information modeling (BIM), reality capture, and digital twins. This acquisition strengthens NV5’s capabilities in digital twin technology and spatial analytics, which are essential for advanced SHM solutions that integrate BIM with structural monitoring and modeling.
  • In May 2024, GISI acquired the operating assets of Gafcon, a construction management firm focused on complex infrastructure projects. While Gafcon’s core focus is on construction management, this acquisition expands GISI’s infrastructure management portfolio and could facilitate the integration of SHM services into broader infrastructure oversight and maintenance programs.

Structural Health Monitoring Key Market Trends

Structural Health Monitoring Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research. 

According to SkyQuest analysis, structural health monitoring is driven to increase market growth, aging infrastructure, strict safety rules and increase concerns for increasing investments in smart and flexible public assets. The SHM system is widely adopted to ensure structural integrity in areas such as transport, energy and civil infrastructure, reduce the cost of maintenance and prevent frightening errors. Integration of advanced technologies such as AI, IoT, wireless sensor networks and edge calculation increase the efficiency and scalability of SHM solutions, enabling real-time data analysis and future maintenance. While high installation costs and complications with data management face challenges, the market is continuously expanded, the government mandate, infrastructure is supported by the growing demand for modernization projects and active asset management in both developed and developed areas.

Report Metric Details
Market size value in 2024 USD 2.43 Billion
Market size value in 2033 USD 5.87 Billion
Growth Rate 10.3%
Base year 2024
Forecast period 2026-2033
Forecast Unit (Value) USD Billion
Segments covered
  • Component
    • Hardware and Software and Services
  • Technology
    • Wired, Wireless
  • Vertical
    • Civil Infrastructure, Aerospace and Defence, Energy, Mining, Others
  • Applications
    • Crack Detection, Damage Detection, Impact Monitoring, Corrosion Monitoring, Strain Monitoring, Hotspot Monitoring, State Sensing, Multi-modal Sensing, Pressure Monitoring, Leak Detection, Deflection Monitoring, Hurricane, Earthquake Monitoring
  • Implementation
    • New Construction and Retrofitting
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • NV5
  • GISI
  • Siemens AG
  • General Electric (GE)
  • Honeywell International Inc.
  • National Instruments Corporation
  • ABB Ltd.
  • Cisco Systems, Inc.
  • SCHNEIDER ELECTRIC
  • Meggitt PLC
  • Acellent Technologies, Inc.
  • Kinemetrics, Inc.
  • Physical Acoustics Corporation
  • Baker Hughes Company
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Structural Health Monitoring Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Structural Health Monitoring Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Structural Health Monitoring Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Structural Health Monitoring Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Structural Health Monitoring Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Structural Health Monitoring Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

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FAQs

Global Structural Health Monitoring Market size was valued at USD 2.43 Billion in 2024 and is poised to grow from USD 2.68 Billion in 2025 to USD 5.87 Billion by 2033, growing at a CAGR of 10.3% during the forecast period (2026–2033).

The competitive landscape of the structural health monitoring industry is marked by increased strategic collaborations, acquisitions, and technology partnerships aimed at strengthening market positions and expanding technological capabilities. Leading companies such as Siemens, Honeywell, ABB, and National Instruments are actively pursuing partnerships to integrate advanced AI, digital twin, and IoT technologies into their SHM offerings. 'NV5', 'GISI', 'Siemens AG', 'General Electric (GE)', 'Honeywell International Inc.', 'National Instruments Corporation', 'ABB Ltd.', 'Cisco Systems, Inc.', 'SCHNEIDER ELECTRIC', 'Meggitt PLC', 'Acellent Technologies, Inc.', 'Kinemetrics, Inc.', 'Physical Acoustics Corporation', 'Baker Hughes Company'

Across developed and developing countries, a significant portion of infrastructure such as bridges, flyovers, tunnels, buildings, and dams is nearing or exceeding its intended lifespan. The structural integrity of these assets poses serious risks to public safety and economic stability. As a result, there is a growing demand for continuous, real-time monitoring systems that can detect early signs of stress, cracks, corrosion, or fatigue. SHM systems play a crucial role in enabling timely maintenance and rehabilitation, helping governments and private operators avoid catastrophic failures, reduce downtime, and extend the operational life of critical assets.

Integration of AI and Machine Learning in SHM: The integration of artificial intelligence (AI) and machine learning (ML) is one of the most transformative structural health monitoring market trends. These technologies are being used to enhance the capabilities of monitoring systems by enabling automated anomaly detection, pattern recognition, and predictive maintenance. AI algorithms can sift through massive datasets to identify subtle signs of structural degradation that traditional methods may miss.

What is the Overview of the Structural Health Monitoring Market in North America?
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