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Structural Health Monitoring (SHM) Market - Strategic Insights and Forecasts (2025-2030)

Market Trends, Opportunities & Forecast By Type (Wired, Wireless), By Component (Hardware, Software, Services), By Industry Vertical (Civil Infrastructure, Aerospace and Defense, Oil and Gas, Energy and Power, Others), and Geography

Market Size in 2025
USD 3.25 billion
Market Size in 2030
USD 6.66 billion
CAGR 2025-2030
15.45%
Study Period
2020-2030
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The Structural Health Monitoring (SHM) Market will reach US$6.66 billion in 2030 from US$3.25 billion in 2025 at a CAGR of 15.45% during the forecast period.

Structural Health Monitoring (SHM) Market - Strategic Insights and Forecasts (2025-2030) market growth projection from $3.25B in 2025 to $6.66B by 2030 at a CAGR of 15.45%.
Structural Health Monitoring (SHM) Market - Strategic Insights and Forecasts (2025-2030) market growth projection from $3.25B in 2025 to $6.66B by 2030 at a CAGR of 15.45%.

Highlights:

  1. 1
    Structural health monitoring is being widely adopted for real-time infrastructure assessment.
  2. 2
    IoT and wireless sensor solutions are driving market growth.
  3. 3
    Civil infrastructure and energy sectors are leading adoption.
  4. 4
    North America holds a significant market share.

Structural health monitoring is a monitoring technique that aims to provide data regarding structural integrity in real time. SHM helps in regular maintenance and overcomes the costly and ineffective procedure of manual inspection. In addition, the structural integrity could be determined after major disasters and make necessary changes to improve its life expectancy. The development of state-of-the-art IoT solutions and the popularity of this technique are the major factors driving the demand for this technology. However, the high initial cost of setting up the necessary infrastructure will inhibit the growing demand for SHM solutions.

By industry vertical, the global structural health monitoring market has been segmented as civil infrastructure, aerospace and defense, oil and gas, and energy and power among others. Civil infrastructure held a significant market share owing to the deployment of SHM solutions on major infrastructure settings such as bridges, buildings, and dams among many others. The development of cost-effective solutions will boost the demand for SHM solutions in civil infrastructure. The energy and power industry is projected to witness substantial growth throughout the projected period owing to favorable government policies and increasing investment in renewable energy worldwide.

By geography, the global structural health monitoring market has been segmented as North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. Each region has been further segmented into major countries of their respective regions. Globally, North America and Europe held a significant market share on account of the early adoption of technology and advancements in the field of cost-effective wireless sensors. Impressive economic growth and the trend of automation will boost the demand for these solutions in the Asia Pacific region. Oil and gas exploration activities require constant monitoring of the subsea structures and this will augment the SHM demand in the Middle East and African region. One of the major factors affecting the growth of this market in the South American region is economic recovery and an increase in overall infrastructure spending.

SEGMENT SHARE DISTRIBUTION (ILLUSTRATIVE)
Market Share Breakdown — By Component
Unlock Exact Segment Splits →
Hardware
Software
Services
Bar lengths are illustrative. The full report gives historical and forecast revenue for each segment.
HISTORICAL & FORECAST DATA TABLE (ILLUSTRATIVE)
By Type — Revenue by Year (2025–2030)
Segment202520262027202820292030CAGR (%)
Wired
Wireless
Total Market SizeUSD 3.25 billionUSD 6.66 billion15.45%
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The structural health monitoring (SHM) market report provides an in-depth analysis of the industry landscape, delivering strategic and executive-level insights backed by data-driven forecasts and analysis. This regularly updated report equips decision-makers with actionable intelligence on current market trends, emerging opportunities, and competitive dynamics. The Structural Health Monitoring (SHM) market is experiencing rapid growth, driven by advancements in technology, aging infrastructure, and increasing safety regulations.  The report also investigates technological advancements, key government policies, regulations, and macroeconomic factors, offering a comprehensive view of the market.

Structural Health Monitoring (SHM) Market Scope

Report Metric Details
Total Market Size in 2025 USD 3.25 billion
Total Market Size in 2030 USD 6.66 billion
Forecast Unit Billion
Growth Rate 15.45%
Study Period 2020 to 2030
Historical Data 2020 to 2023
Base Year 2024
Forecast Period 2025 – 2030
Segmentation Type, Component, Industry Vertical, Geography
Companies
  • SGS SA
  • HBM (Member Of Spectris Plc)
  • Safran Colibrys SA
  • CTL Group
  • Sensuron
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Market Segmentation

By Type

Wired
Wireless

By Component

Hardware
Software
Services

By Industry Vertical

Civil Infrastructure
Aerospace and Defense
Oil and Gas
Energy and Power
Others

By Geography

North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
United Kingdom
Germany
France
Italy
Spain
Others
Middle East and Africa
Saudi Arabia
UAE
Others
Asia Pacific
China
Japan
India
South Korea
Taiwan
Thailand
Others

Table of Contents

1. EXECUTIVE SUMMARY 

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE 

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities 

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations 

3.7. Strategic Recommendations 

4. TECHNOLOGICAL OUTLOOK

5. STRUCTURAL HEALTH MONITORING (SHM) MARKET BY TYPE

5.1. Introduction

5.2. Wired

5.3. Wireless

6. STRUCTURAL HEALTH MONITORING (SHM) MARKET BY COMPONENT

6.1. Introduction

6.2. Hardware

6.3. Software

6.4. Services

7. STRUCTURAL HEALTH MONITORING (SHM) MARKET BY INDUSTRY VERTICAL

7.1. Introduction

7.2. Civil Infrastructure

7.3. Aerospace and Defense

7.4. Oil and Gas

7.5. Energy and Power

7.6. Others

8. STRUCTURAL HEALTH MONITORING (SHM) MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. USA

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. United Kingdom

8.4.2. Germany

8.4.3. France

8.4.4. Italy

8.4.5. Spain

8.4.6. Others

8.5. Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Others

8.6. Asia Pacific

8.6.1. China

8.6.2. Japan

8.6.3. India

8.6.4. South Korea

8.6.5. Taiwan

8.6.6. Thailand

8.6.7. Indosneisa

8.6.8. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. SGS SA

10.2. HBM (Member Of Spectris Plc)

10.3. Safran Colibrys SA

10.4. CTL Group

10.5. Sensuron

10.6. Osmos Group SA

10.7. Guralp Systems Ltd

10.8. TWI, Ltd.

10.9. GeoSIG Ltd

10.10. Senceive Ltd

10.11. Villari B.V.

10.12. VCS Engineering, Inc.

11. APPENDIX

11.1. Currency 

11.2. Assumptions

11.3. Base and Forecast Years Timeline

11.4. Key Benefits for the Stakeholders

11.5. Research Methodology 

11.6. Abbreviations

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Frequently asked questions

What will be the structural health monitoring market size by 2030?

The structural health monitoring market is expected to reach a total market size of US$6.66 billion by 2030.

What is the size of the structural health monitoring market?

Structural Health Monitoring Market is valued at US$3.25 billion in 2025.

What are the growth prospects for the structural health monitoring market?

The structural health monitoring market is expected to grow at a CAGR of 15.45% during the forecast period.

What factors are anticipated to drive the structural health monitoring market growth?

Rising infrastructure safety concerns, aging structures, and advancements in sensor technologies are driving structural health monitoring growth.

Which region holds the largest share of the structural health monitoring market?

The North American region is anticipated to hold a significant share of the structural health monitoring market.

Cite this report

Knowledge Sourcing Intelligence. (Apr 2026). Structural Health Monitoring (SHM) Market - Strategic Insights and Forecasts (2025-2030). https://www.knowledge-sourcing.com/report/structural-health-monitoring-smh-market

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