Global Structural Health Monitoring Market to 2032
Overview
The Global Structural Health Monitoring Market is expected to reach a 14.90 USD Billion by 2032 and is projected to grow at a CAGR of 20.45% from 2025 to 2032.
Revenue, 2024 (USD Billion)
3.81
Forecast, 2032 (USD Billion)
14.90
CAGR, 2024 - 2032
20.45%
Report Coverage
Global
Global Structural Health Monitoring Market 2018-2032 USD Billion
Global Structural Health Monitoring Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 3.81 USD Billion
- Projected Market Size (2032): 14.90 USD Billion
- CAGR (2025-2032): 20.45%
Key Findings of Global Structural Health Monitoring Market
- The Global Structural Health Monitoring Market was valued at 14.90 USD Billion in 2024.
- The Global Structural Health Monitoring Market is likely to grow at a CAGR of 20.45% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Civil in End User Segment accounted for the largest share of the market with a revenue of 22.61 USD Billion
- The fastest growing segment Damage Detection in Application Segment grew Fastest with a CAGR of 23.88% during the forecast period from 2024 to 2032.
Global Structural Health Monitoring Market Scope
Global Structural Health Monitoring Market Segmentation & Scope
End User
- Offshore Platform
- Schools
- Defense
- Mining
- Industrial
- Marine
- Automotive
- Public Parks And Recreation
- Other
- Civil
- Aerospace
- Energy
Application
- Deflection Monitoring
- Impact Monitoring
- Hotspot Monitoring
- Corrosion Monitoring
- Leakage Detection
- Wire Break Monitoring
- Strain Monitoring
- Crack Detection
- Multimodal Sensing
- Damage Detection
Method
- Non-Destructive Evaluation (NDE)
- Visual Inspection
Type
- Hardware
- Services
- Software
Installation
- Retrofit
- New Installation
Connectivity
- Wireless
- Wired
Global Structural Health Monitoring Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 3.81 USD Billion |
| Market Value in 2032 | 14.90 USD Billion |
| CAGR (2025-2032) | 20.45% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End User,Application,Method,Type,Installation,Connectivity |
Regional Insights:
-
Leading Market (2024-2032): Global, leading in terms of revenue 3.81 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 930.20 USD Million in 2024.
Segments and Scope
-
Global Structural Health Monitoring Market to 2032, By End User
- Civil is the largest segment in Global Structural Health Monitoring Market to 2032 with a revenue of 22.61 USD Billion in the year 2024.
- Offshore Platform is the Fastest growing segment in Global Structural Health Monitoring Market to 2032 with a Growth rate of 20.43 % in forecast period 2025-2032.
-
Global Structural Health Monitoring Market to 2032, By Application
- Damage Detection is the largest segment in Global Structural Health Monitoring Market to 2032 with a revenue of 1.05 USD Billion in the year 2024.
- Damage Detection is the Fastest growing segment in Global Structural Health Monitoring Market to 2032 with a Growth rate of 23.88 % in forecast period 2025-2032.
-
Global Structural Health Monitoring Market to 2032, By Method
- Visual Inspection is the largest segment in Global Structural Health Monitoring Market to 2032 with a revenue of 2.33 USD Billion in the year 2024.
- Visual Inspection is the Fastest growing segment in Global Structural Health Monitoring Market to 2032 with a Growth rate of 21.73 % in forecast period 2025-2032.
-
Global Structural Health Monitoring Market to 2032, By Type
- Hardware is the largest segment in Global Structural Health Monitoring Market to 2032 with a revenue of 1.79 USD Billion in the year 2024.
- Hardware is the Fastest growing segment in Global Structural Health Monitoring Market to 2032 with a Growth rate of 21.83 % in forecast period 2025-2032.
-
Global Structural Health Monitoring Market to 2032, By Installation
- New Installation is the largest segment in Global Structural Health Monitoring Market to 2032 with a revenue of 2.31 USD Billion in the year 2024.
- New Installation is the Fastest growing segment in Global Structural Health Monitoring Market to 2032 with a Growth rate of 21.81 % in forecast period 2025-2032.
-
Global Structural Health Monitoring Market to 2032, By Connectivity
- Wired is the largest segment in Global Structural Health Monitoring Market to 2032 with a revenue of 2.66 USD Billion in the year 2024.
- Wired is the Fastest growing segment in Global Structural Health Monitoring Market to 2032 with a Growth rate of 21.48 % in forecast period 2025-2032.
Global Structural Health Monitoring Market Company Share Analysis
| Company Name |
|
||
| National Instruments corp. | |||
| Xylem | |||
| Campbell Scientific, Inc. | |||
| First Sensor AG | |||
| HBK | |||
Global Structural Health Monitoring Market Geographical Sales Distribution, 2018-2032 USD Billion
Global Structural Health Monitoring Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Global Structural Health Monitoring Market is segmented based on Segmentation End User,Application,Method,Type,Installation,Connectivity.
Global Structural Health Monitoring Market was valued at USD 3.81(Revenue in USD Billion) in 2021.
Global Structural Health Monitoring Market is projected to grow at a CAGR of 20.45% during the forecast period of 2024 to 2032.
The Civil segment is expected to dominate the Global Structural Health Monitoring Market, holding a largest market share of 22.61 USD Billion in 2024
Global Structural Health Monitoring Market Scope
Global Structural Health Monitoring Market Segmentation & Scope
End User
- Offshore Platform
- Schools
- Defense
- Mining
- Industrial
- Marine
- Automotive
- Public Parks And Recreation
- Other
- Civil
- Aerospace
- Energy
Application
- Deflection Monitoring
- Impact Monitoring
- Hotspot Monitoring
- Corrosion Monitoring
- Leakage Detection
- Wire Break Monitoring
- Strain Monitoring
- Crack Detection
- Multimodal Sensing
- Damage Detection
Method
- Non-Destructive Evaluation (NDE)
- Visual Inspection
Type
- Hardware
- Services
- Software
Installation
- Retrofit
- New Installation
Connectivity
- Wireless
- Wired
Frequently Asked Questions
The Global Structural Health Monitoring Market is segmented based on Segmentation End User,Application,Method,Type,Installation,Connectivity.
Global Structural Health Monitoring Market was valued at USD 3.81(Revenue in USD Billion) in 2021.
Global Structural Health Monitoring Market is projected to grow at a CAGR of 20.45% during the forecast period of 2024 to 2032.
The estimated market value of the Global Structural Health Monitoring Market for final year is USD 14.90 (USD Billion).
Global Structural Health Monitoring Market Company Profiling
Frequently Asked Questions
The Global Structural Health Monitoring Market is segmented based on Segmentation End User,Application,Method,Type,Installation,Connectivity.
Global Structural Health Monitoring Market was valued at USD 3.81(Revenue in USD Billion) in 2021.
Global Structural Health Monitoring Market is projected to grow at a CAGR of 20.45% during the forecast period of 2024 to 2032.
The estimated market value of the Global Structural Health Monitoring Market for final year is USD 14.90 (USD Billion).
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