Structural Health Monitoring Market Report 2026

The structural health monitoring market size has grown rapidly in recent years. It will grow from $3.44 billion in 2025 to $3.96 billion in 2026 at a compound annual growth rate (CAGR) of 15.1%. The growth in the historic period can be attributed to structural monitoring of bridges and dams, adoption in large civil infrastructures, early deployment of wired sensor systems, usage in industrial machinery maintenance, incorporation in wind turbine monitoring.

The structural health monitoring market size is expected to see rapid growth in the next few years. It will grow to $6.93 billion in 2030 at a compound annual growth rate (CAGR) of 15%. The growth in the forecast period can be attributed to expansion of wireless sensor networks, rising investment in predictive maintenance, increasing adoption of real-time monitoring technologies, growth in digital infrastructure management, advancement in structural visualization tools. Major trends in the forecast period include integration of AI-based damage detection tools, deployment of IoT-connected monitoring networks, advancement of automated structural diagnostic systems, adoption of sustainable infrastructure monitoring solutions, expansion of cloud-powered structural data platforms.

The frequent occurrences of natural calamities are expected to boost the growth of the structural health monitoring market. Natural calamities are catastrophic events caused by natural phenomena on Earth. Structural health monitoring is highly useful for preventing water and flood damage resulting from the failure of dams, dykes, pipelines, and other infrastructure during natural disasters. As such events occur more frequently, the need for advanced monitoring solutions increases. For example, in January 2024, the National Centers for Environmental Information (NCEI), a U.S.-based government agency, reported that the United States experienced 28 separate weather and climate-related disasters in 2023, each causing at least $1 billion in damages - a new record for the highest number of billion-dollar disasters in a single year. Therefore, the rising frequency of natural calamities is driving the growth of the structural health monitoring market.

Leading companies in the structural health monitoring market are forming strategic partnerships to develop advanced monitoring solutions and strengthen their competitive positions. Strategic partnerships involve organizations combining their strengths and resources to achieve mutual benefits. For instance, in November 2023, the American Bureau of Shipping (ABS), a U.S.-based non-profit organization, partnered with Seatrium Limited, a Singapore-based shipbuilding and repair company, to advance structural health monitoring technologies for offshore structures. As part of this collaboration, ABS assigned a Structural Health Monitoring Notation to ADMARINE 686, the world’s first self-elevating drilling unit (SEDU), recognizing its capability to monitor and assess critical structural components. Seatrium Offshore Technology, working with the Technology Centre for Offshore and Marine, Singapore, is developing a structural digital twin for the SEDU using real-time sensor data to enable enhanced structural monitoring. This initiative aligns with the companies’ broader efforts to integrate smart technologies into maritime assets, building on previous advancements such as smart LNG bunkering vessels.

In June 2025, TransDigm Group Incorporated, a U.S.-based provider of highly engineered aerospace components and proprietary systems, acquired Simmonds Precision Products, Inc. for approximately US$765 million in cash. The acquisition strengthens TransDigm’s portfolio in structural health monitoring and sensing technologies, expands its presence in the aerospace market, and enhances aftermarket revenue opportunities. Simmonds Precision Products, Inc. is a U.S.-based developer of fuel and proximity sensing solutions and structural health monitoring systems for aerospace and defense applications.

Major companies operating in the structural health monitoring market are Geokon, Campbell Scientific Inc., COWI A/S, Geocomp Corporation, Acellent Technologies Inc., Sixense, Structural Monitoring Systems Plc, Digitexx Data Systems Inc., Kinemetrics, National Instruments Corporation, Hottinger Baldwin Messtechnik GmbH, SGS Société Générale de Surveillance SA, James Fisher Strainstall, Strainstall Limited, Pure Technologies, RST Instruments Ltd., Smart Structures Inc., Hexagon AB, Hottinger Bruel & Kjaer (HBK) Test and Measurement, General Electric (GE) Sensing & Inspection Technologies, Dynastar SAS, B&K Vibro, ASI Technologies, Applied Acoustic Systems, Agilent Technologies.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have affected the structural health monitoring market by raising the cost of imported sensors, acquisition systems, communication modules, and specialized hardware critical for civil, aerospace, energy, and defense applications. Regions dependent on global electronics supply chains, including North America, Europe, and Asia-Pacific, face procurement delays and higher installation costs. However, tariffs are promoting domestic sensor manufacturing, encouraging regional system integration capabilities, and supporting innovation in cost-efficient and high-performance SHM technologies.

The structural health monitoring market research report is one of a series of new reports that provides structural health monitoring market statistics, including structural health monitoring industry global market size, regional shares, competitors with a structural health monitoring market share, detailed structural health monitoring market segments, market trends and opportunities and any further data you may need to thrive in the structural health monitoring industry. This structural health monitoring market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Structural health monitoring (SHM) involves the application of tools for detecting and characterizing damage in crucial structures such as bridges, wind turbines, and tunnels. Its primary purpose is to ensure the structural integrity and safety of these infrastructures, monitor the progression of damage, and assess the overall performance of civil structures.

The main components of structural health monitoring include hardware, software, and associated services. Hardware refers to the physical components of a computer system or its delivery mechanisms that facilitate the storage and execution of software instructions. SHM systems utilize both wired and wireless connectivity for monitoring purposes. These monitoring systems find application in various sectors such as bridges and dams, buildings and stadiums, vessels and platforms, airframes and wind turbines, as well as large machinery and equipment. They serve diverse end-users including civil engineering, aerospace, defense, energy, mining, and other related industries.Asia-Pacific was the largest region in the structural health monitoring market in 2025. The regions covered in the structural health monitoring market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the structural health monitoring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The structural health monitoring market consists of revenues earned by entities by providing quantitative and reliable data on the real conditions of a bridge and observing its evolution and detecting the visual of degradations. The market value includes the value of related goods sold by the service provider or included within the service offering. The structural health monitoring market also includes sales of fiber optic sensors, accelerometers and vibrating wire transducers which are used in providing structural health monitoring services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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