Structural Health Monitoring Market Summary

The global structural health monitoring (SHM) market size was estimated at USD 3.68 billion in 2024 and is projected to reach USD 10.48 billion by 2030, growing at a CAGR of 19.2% from 2025 to 2030. The market growth is primarily driven by stringent public safety regulations, increasing emphasis on the maintenance of aging infrastructure, and rising investments in smart infrastructure projects. Governments and private organizations are increasingly adopting SHM systems to ensure the structural integrity and safety of critical assets such as bridges, dams, tunnels, and buildings. The growing need for real-time data and predictive maintenance is further fueling market expansion.

Government initiatives aimed at standardizing SHM systems as part of broader public safety efforts have significantly contributed to market growth. These systems help in early detection of structural damage, enabling timely repairs and reducing the risk of catastrophic failures. The integration of advanced technologies such as artificial intelligence (AI), Internet of Things (IoT), and machine learning is improving the accuracy and reliability of monitoring systems. Additionally, the rising adoption of smart infrastructure projects globally is encouraging the deployment of innovative SHM solutions, enhancing efficiency and reducing maintenance costs for public and private assets.

Key Market Trends & Insights

  • North America held the major revenue share of over 36% in 2024. The region’s dominance can be attributed to the presence of well-established infrastructure, supportive regulatory frameworks, and the early adoption of advanced monitoring technologies. Continuous investments in upgrading transport and civil infrastructure, combined with the focus on ensuring structural safety, have fueled the demand for SHM systems in the region.
  • Europe’s structural health monitoring market is expected to grow significantly at a CAGR of over 20% from 2025 to 2030. The region’s growth is driven by increasing efforts toward infrastructure modernization, sustainability initiatives, and strict regulations related to building safety. The adoption of SHM solutions across renewable energy infrastructure, bridges, and tunnels is further supporting market growth.
  • The structural health monitoring market in the Asia Pacific is projected to expand at a CAGR of over 21% from 2025 to 2030. Rapid urbanization, large-scale infrastructure projects, and government-backed smart city initiatives in countries such as China, India, and Japan are major factors contributing to regional growth. The increasing need to monitor high-rise structures, highways, and bridges to prevent structural failures is further propelling the adoption of SHM technologies.
  • By solution, the hardware segment accounted for the largest share of over 62% in 2024. This dominance is attributed to the growing deployment of sensors, data acquisition systems, and other monitoring devices used for collecting real-time structural performance data.
  • By technology, the wired SHM segment dominated the market in 2024 due to its reliability, high accuracy, and established use in large-scale infrastructure projects. However, wireless systems are gaining traction as they offer easier installation, flexibility, and cost-effectiveness.

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Market Size & Forecast

  • 2024 Market Size: USD 3.68 Billion
  • 2030 Projected Market Size: USD 10.48 Billion
  • CAGR (2025-2030): 19.2%
  • North America: Largest market in 2024

Key Players

  • Acellent Technologies, Inc.
  • Campbell Scientific, Inc.
  • COWI A/S
  • Digitexx Data Systems, Inc.
  • Geocomp, Inc.
  • GEOKON
  • GeoSIG Ltd.
  • Hottinger Brüel & Kjaer (HBK)
  • James Fisher and Sons plc
  • Kinemetrics
  • National Instruments Corp
  • Nova Ventures
  • SIXENSE
  • Structural Monitoring Systems Plc.
  • Xylem, Inc.

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Conclusion

The global structural health monitoring market is poised for strong growth, driven by increasing infrastructure investments, safety regulations, and advancements in monitoring technologies. The integration of IoT, AI, and smart sensors is revolutionizing how infrastructure health is assessed and maintained, enabling predictive maintenance and cost efficiency. With governments prioritizing safety and sustainability, SHM systems are becoming essential components of modern infrastructure management. Regions like Asia Pacific and Europe are emerging as key growth markets due to rapid urban development and modernization efforts. Overall, the SHM market is set to play a critical role in ensuring safer and smarter infrastructure worldwide.