Structural Health Monitoring Market
By Hardware Type;
Data Acquisition Systems ( DAS ), Communication Systems , Sensors, and OthersBy Offering;
Hardware, Software, and ServiceBy Technology;
Wired SHM and Wireless SHMBy Application;
Fiber Optic, Acoustic Emission, Ultrasound, Thermography, and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Structural Health Monitoring Market Overview
Structural Health Monitoring Market (USD Million)
Structural Health Monitoring Market was valued at USD 2,680.75 million in the year 2024. The size of this market is expected to increase to USD 6,811.62 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 14.3%.
Structural Health Monitoring Market
*Market size in USD million
CAGR 14.3 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 14.3 % |
Market Size (2024) | USD 2,680.75 Million |
Market Size (2031) | USD 6,811.62 Million |
Market Concentration | Low |
Report Pages | 374 |
Major Players
- COWI A/S
- DIGI-TEXX
- Geocomp Inc
- GEOKON
- GeoSIG Ltd
- HBK
- James Fisher and Sons plc
- Kinemetrics
- NATIONAL INSTRUMENTS CORP
- Nova Ventures Group
- Sixense
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Structural Health Monitoring Market
Fragmented - Highly competitive market without dominant players
The Structural Health Monitoring Market is witnessing rapid growth due to the increasing focus on infrastructure safety and risk management. As structures age and environmental stressors intensify, there's a surge in adopting real-time monitoring solutions. Over 62% of infrastructure projects now incorporate SHM systems to ensure safety, improve maintenance strategies, and reduce lifecycle costs.
Technology-Driven Advancements
The integration of advanced sensing technologies such as fiber optics, wireless sensors, and machine learning is revolutionizing SHM. These innovations offer higher accuracy and faster diagnostics. Approximately 57% of monitoring systems now rely on intelligent data analytics to detect structural anomalies and predict failure events before they occur.
Increased Adoption Across Industries
SHM is no longer limited to bridges or buildings. There's a significant increase in adoption across sectors such as energy, aerospace, and transportation, where safety is paramount. Around 48% of SHM installations are now deployed outside traditional construction applications, indicating the market’s expanding influence.
Regulatory Pressures and Safety Compliance
Stringent safety regulations are pushing stakeholders to adopt SHM systems to meet compliance requirements. With over 53% of infrastructure inspections now requiring digital monitoring tools, the market is being reshaped by both regulatory standards and the growing demand for transparency in structural integrity reporting.
Structural Health Monitoring Market Recent Developments
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In June 2023, Samsung Heavy Industries Co., Ltd announced the approval of ABS SMART Tier 2 in principle (AIP) for their Hull Stress Monitoring System (HSMS). This achievement is part of a joint development project with ABS, aiming to improve hull safety using smart ship technology.
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In October 2022, Sumitomo Heavy Industries Marine & Engineering (SHI-ME) partnered with Light Structures AS. Within this collaboration, SHI-ME has chosen the SENSFIBTM Structural Health Monitoring system for the third vessel in a series of crude oil tankers constructed for Samos Steamship.
Structural Health Monitoring Market Segment Analysis
In this report, the Structural Health Monitoring Market has been segmented by Hardware Type, Offering, Technology, Application, and Geography.
Structural Health Monitoring Market, Segmentation by Hardware Type
The Structural Health Monitoring Market has been segmented by Hardware Type into Data Acquisition Systems (DAS), Communication Systems, Sensors, and Others.
Data Acquisition Systems (DAS)
Data Acquisition Systems play a central role in monitoring critical infrastructure by collecting real-time data on structural integrity. These systems enhance decision-making by enabling continuous assessment and proactive maintenance. The growing adoption of IoT-enabled DAS solutions is further fueling demand in smart cities and high-risk infrastructure projects.
Communication Systems
Communication Systems ensure seamless data transmission from sensors to monitoring hubs, aiding in real-time alerts and analytics. The market is witnessing rising integration of wireless and 5G technologies to support remote and automated monitoring. This trend is significantly boosting demand across transportation and defense sectors.
Sensors
Sensors such as strain gauges, accelerometers, and displacement sensors are essential components of SHM systems. These devices detect early warning signs of structural failures, ensuring safety and performance. Advancements in MEMS and fiber optic sensor technologies are expanding their applicability across diverse industries.
Others
This category includes ancillary components such as signal conditioners and power supply units that support the functioning of SHM systems. Innovations in miniaturized and low-power electronics are enhancing their integration into compact SHM architectures. These components are critical to ensure uninterrupted system performance.
Structural Health Monitoring Market, Segmentation by Offering
The Structural Health Monitoring Market has been segmented by Offering into Hardware, Software, and Service.
Hardware
Hardware offerings dominate the market owing to the high demand for physical components such as sensors, DAS, and communication modules. As infrastructure projects grow globally, there is an increasing focus on deploying rugged and scalable hardware solutions that can withstand harsh environments.
Software
Software solutions in SHM focus on data processing, analytics, and visualization. The integration of AI and machine learning algorithms has enhanced capabilities for anomaly detection and predictive maintenance. This segment is gaining traction due to its role in delivering actionable insights.
Service
Services include system installation, maintenance, and consultation, playing a key role in the successful implementation of SHM solutions. There is growing demand for customized service packages to address the unique requirements of end-users across construction and aerospace industries.
Structural Health Monitoring Market, Segmentation by Technology
The Structural Health Monitoring Market has been segmented by Technology into Wired SHM and Wireless SHM.
Wired SHM
Wired SHM systems offer reliable and accurate data transmission, making them ideal for permanent installations. Despite higher installation complexity, they remain preferred in critical infrastructure like bridges and dams. Their durability ensures long-term data continuity and integrity.
Wireless SHM
Wireless SHM systems offer flexibility, ease of deployment, and reduced maintenance costs. Their adoption is increasing in areas with limited access or mobile structures. Rapid advancements in wireless protocols and battery technology are enhancing system efficiency and longevity.
Structural Health Monitoring Market, Segmentation by Application
The Structural Health Monitoring Market has been segmented by Application into Fiber Optic, Acoustic Emission, Ultrasound, Thermography, and Others.
Fiber Optic
Fiber optic sensors are valued for their high sensitivity, immunity to electromagnetic interference, and ability to function in harsh environments. They are increasingly used in long-span bridges, tunnels, and skyscrapers for real-time strain and temperature monitoring.
Acoustic Emission
Acoustic emission technology detects sound waves emitted by materials under stress, making it suitable for early crack detection. Its non-invasive nature is ideal for applications in oil pipelines, aircraft structures, and composite materials.
Ultrasound
Ultrasonic SHM uses high-frequency sound waves to detect internal flaws and monitor material degradation. It is widely applied in industrial plants and aerospace structures for its precision in identifying hidden structural issues.
Thermography
Thermographic techniques identify temperature anomalies that indicate underlying structural issues. Its use is expanding in building inspections and electrical infrastructure, where heat patterns help detect insulation failures and energy loss.
Others
This segment encompasses emerging SHM applications such as laser-based monitoring and electromagnetic methods. These techniques are gaining interest for their potential in specialized monitoring scenarios requiring non-contact and high-resolution diagnostics.
Structural Health Monitoring Market, Segmentation by Geography
In this report, the Structural Health Monitoring Market has been segmented by Geography into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
Regions and Countries Analyzed in this Report
Rest of the World
Structural Health Monitoring Market Share (%), by Geographical Region
North America
North America leads the Structural Health Monitoring market with a share of approximately 35%, driven by aging infrastructure and government regulations. The region benefits from the strong presence of leading SHM vendors and investments in smart infrastructure technologies.
Europe
Europe accounts for nearly 25% of the market share, supported by stringent building codes and sustainability initiatives. Countries like Germany and the UK are at the forefront of infrastructure digitalization and retrofitting practices using SHM technologies.
Asia Pacific
Asia Pacific holds around 28% market share, propelled by rapid urbanization, seismic vulnerability, and growing infrastructure spending. Countries such as China, Japan, and India are investing heavily in smart city projects and transport networks requiring robust SHM solutions.
Middle East & Africa
The Middle East & Africa region contributes roughly 7%, with a focus on high-value infrastructure projects like airports, metros, and bridges. Increased awareness and the need for safety in extreme climate zones are spurring SHM deployment.
Latin America
Latin America accounts for about 5% of the market share, supported by government-led urban redevelopment initiatives. Brazil and Mexico are emerging as key adopters of sensor-based monitoring systems to maintain public safety standards.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Structural Health Monitoring Market. These factors include; Market Drivers, Restraints and Opportunities.
Drivers, Restraints and Opportunity Analysis
Drivers
- Increasing concerns about aging infrastructure
- Rising frequency of natural disasters
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Growing adoption of advanced sensor technologies - The adoption of advanced sensor technologies, such as fiber optic sensors, piezoelectric sensors, and wireless sensor networks, has witnessed a surge due to their ability to provide real-time, high-fidelity data on various structural parameters. These sensors can monitor critical parameters such as strain, temperature, vibration, corrosion, and deformation with unparalleled precision and sensitivity. By embedding these sensors into infrastructure assets, stakeholders gain unprecedented insights into structural behavior and health, enabling proactive maintenance, timely interventions, and enhanced safety.
Advancements in sensor miniaturization, durability, and energy efficiency have expanded the applicability of sensor technologies across a wide range of infrastructure assets, including bridges, buildings, dams, pipelines, aircraft, and wind turbines. Miniaturized sensors can be deployed in hard-to-reach or hazardous environments, allowing for comprehensive monitoring of structures that were previously inaccessible.
The integration of sensor technologies with other emerging technologies such as artificial intelligence (AI), machine learning (ML), and the Internet of Things (IoT) has further enhanced the capabilities of structural health monitoring systems. AI and ML algorithms can analyze vast amounts of sensor data to detect patterns, anomalies, and potential failure modes, enabling predictive maintenance and proactive risk mitigation strategies. Meanwhile, IoT-enabled sensor networks facilitate real-time data collection, remote monitoring, and centralized data management, enhancing the scalability, flexibility, and efficiency of SHM systems.
Restraints
- Challenges related to data management
- Limited interoperability
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Concerns about data privacy and security - One of the primary concerns revolves around the potential exposure of sensitive data collected by SHM systems to unauthorized access, manipulation, or breaches. As SHM systems continuously gather data from sensors installed on structures, including bridges, buildings, and offshore platforms, there is a risk that this data could be intercepted or compromised by malicious actors. Unauthorized access to such data could have serious implications, including the manipulation of monitoring results, sabotage of infrastructure assets, or breaches of privacy rights.
The integration of SHM systems with digital technologies such as the Internet of Things (IoT), cloud computing, and wireless communication further amplifies data privacy and security risks. The transmission of data over wireless networks or storage of data in cloud-based platforms introduces vulnerabilities that could be exploited by cyber threats, including malware, ransomware, and data breaches. Additionally, the interconnected nature of SHM systems with other IT systems within organizations increases the attack surface, making them susceptible to cyber attacks targeting critical infrastructure.
Regulatory compliance and standards pertaining to data privacy and security add another layer of complexity to SHM implementations. Organizations deploying SHM systems must ensure compliance with data protection regulations such as the General Data Protection Regulation (GDPR) in Europe or the Health Insurance Portability and Accountability Act (HIPAA) in the United States. Failure to comply with these regulations could result in legal liabilities, financial penalties, and reputational damage for organizations involved in SHM projects.
Opportunities
- Integration of artificial intelligence and machine learning
- Expansion of structural health monitoring applications
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Development of wireless sensor networks - The development of WSNs empowers stakeholders to monitor structures remotely and in real-time, facilitating continuous data collection and analysis. By leveraging wireless communication technologies such as Wi-Fi, Bluetooth, Zigbee, or cellular networks, WSNs enable seamless transmission of sensor data to monitoring systems or control centers, irrespective of the geographical location or accessibility of the monitored structures. This capability is particularly advantageous for monitoring infrastructure assets in remote or inaccessible locations, where deploying wired infrastructure may be impractical or cost-prohibitive.
WSNs offer greater flexibility and adaptability, allowing for dynamic sensor placement and configuration to meet specific monitoring requirements. The modular nature of WSNs enables easy expansion or reconfiguration of sensor networks, facilitating scalability and customization based on evolving monitoring needs. Additionally, WSNs facilitate rapid deployment and installation, minimizing disruption to existing infrastructure and reducing installation costs compared to wired systems.
The adoption of WSNs in structural health monitoring presents opportunities for innovation and optimization across various industries, including civil infrastructure, aerospace, energy, and transportation. In civil infrastructure, WSNs enable comprehensive monitoring of bridges, buildings, and dams, enhancing safety and resilience. In aerospace, WSNs facilitate real-time monitoring of aircraft structures, contributing to enhanced flight safety and operational efficiency. In the energy sector, WSNs are utilized for monitoring wind turbines, oil and gas pipelines, and offshore platforms, optimizing asset performance and reliability.
Competitive Landscape Analysis
Key players in Global Structural Health Monitoring Market include:
- COWI A/S
- DIGI-TEXX
- Geocomp Inc
- GEOKON
- GeoSIG Ltd
- HBK
- James Fisher and Sons plc
- Kinemetrics
- NATIONAL INSTRUMENTS CORP
- Nova Ventures Group
- Sixense
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Hardware Type
- Market Snapshot, By Offering
- Market Snapshot, By Technology
- Market Snapshot, By Application
- Market Snapshot, By Region
- Structural Health Monitoring Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
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Increasing concerns about aging infrastructure
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Rising frequency of natural disasters
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Growing adoption of advanced sensor technologies
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- Restraints
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Challenges related to data management
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Limited interoperability
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Concerns about data privacy and security
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- Opportunities
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Integration of artificial intelligence and machine learning
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Expansion of structural health monitoring applications
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Development of wireless sensor networks
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- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
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Structural Health Monitoring Market, By Hardware Type, 2021 - 2031 (USD Million)
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Data Acquisition Systems ( DAS )
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Communication Systems
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Sensors
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Others
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- Structural Health Monitoring Market, By Offering, 2021 - 2031 (USD Million)
- Hardware
- Software
- Service
- Structural Health Monitoring Market, By Technology, 2021 - 2031 (USD Million)
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Wired SHM
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Wireless SHM
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- Structural Health Monitoring Market, By Application, 2021 - 2031 (USD Million)
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Fiber Optic
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Acoustic Emission
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Ultrasound
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Thermography
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Others
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- Structural Health Monitoring Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
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- Competitive Landscape
- Company Profiles
- COWI A/S
- DIGI-TEXX
- Geocomp Inc
- GEOKON
- GeoSIG Ltd
- HBK
- James Fisher and Sons plc
- Kinemetrics
- NATIONAL INSTRUMENTS CORP
- Nova Ventures Group
- Sixense
- Company Profiles
- Analyst Views
- Future Outlook of the Market