The structural health monitoring (SHM) market is witnessing strong growth due to rising concerns around infrastructure durability and safety. SHM systems enable real-time assessment of bridges, buildings, dams, tunnels, and other critical infrastructure—enhancing maintenance efficiency, disaster prevention, and lifecycle extension of assets.

Structural Health Monitoring Market size was valued at USD 3.1 billion in 2023 and is poised to grow from USD 3.44 billion in 2024 to USD 7.93 billion by 2032, growing at a CAGR of 11.0% during the forecast period (2025-2032).

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Key Market Drivers

• Aging Infrastructure Across the Globe – Many countries face rising risks due to deteriorating bridges and buildings, increasing demand for continuous monitoring systems.

• Government Regulations and Safety Mandates – Safety standards for public infrastructure are encouraging adoption of SHM in both developed and developing nations.

• Advancements in IoT and AI – Integration of smart sensors, predictive analytics, and AI-driven diagnostics enhances real-time detection of structural issues.

• Natural Disaster Resilience – Earthquake-prone and high-risk zones are deploying SHM to improve structural response and disaster mitigation strategies.

• Cost-Efficient Maintenance – SHM reduces long-term costs by enabling predictive maintenance over reactive repairs.

Market Segmentation

By Component

• Hardware (Sensors, Data Acquisition Systems, etc.)

• Software

• Services

By Technology

• Wired Systems

• Wireless Systems

By Application

• Bridges and Dams

• Buildings

• Tunnels

• Stadiums

• Aerospace

• Others

Regional Insights

• North America – Leading the market with aging infrastructure and robust investments in smart city and safety technologies.

• Europe – Strong focus on infrastructure sustainability and safety compliance across Germany, the UK, and France.

• Asia-Pacific – Rapid urbanization in India, China, and Southeast Asia driving the need for safe, long-lasting infrastructure.

• Rest of the World – Expanding use of SHM in Latin America and the Middle East as part of infrastructure modernization initiatives.

Future Outlook

The structural health monitoring market is set to grow significantly with increased infrastructure investments and the rise of smart cities. By integrating AI, wireless systems, and cloud analytics, SHM technologies are transforming asset management, enabling proactive safety strategies and sustainable infrastructure development.

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