Structural Health Monitoring Market Size, Share, Growth Analysis, By Offering(Hardware [Sensors (Accelerometers, Displacement sensors, Tilt meters & inclinometers, Strain gauges), By Technology(Wired, Wireless), By Vertical(Civil Infrastructure [Bridges, Tunnels, Dams, Buildings & Stadiums]), By Application(Agricultural, Cleaning, Educational, Healthcare), By Region - Industry Forecast 2024-2031

North America dominated the global structural health monitoring market, accounting for over 35.1% of revenue in 2022. The demand for structural health monitoring systems in North America is increasing due to increased focus on public infrastructure maintenance and repair, old infrastructure, and various airports & wind turbines investment increased. Moreover, countries such as the US. and Canada rely heavily on health-control systems in construction to protect the safety and security of buildings and people. Rapidly growing infrastructure in North America for public infrastructure such as bridges, dams and procedures have adopted construction health surveillance methods.

Asia-Pacific is expected to grow at the fastest CAGR of 20.4% during the forecast period. Systemic health monitoring gains prominence in Asia Pacific due to huge expansion of infrastructure projects like bridges, power plants and smart cities. Many countries like China, India are providing investments in bridges and infrastructure in other sectors to help increase the economic growth. The main drivers of market expansion are rapid urbanization and the urgent need for high quality products. With the increasing number of public infrastructure projects, systematic health monitoring systems will be required to monitor the status of each system and prevent catastrophic failures.