Structural Health Monitoring Market Size” Analysis and Recommendations | [2025-2037]
The Structural Health Monitoring (SHM) Market was valued at USD 3.6 billion in 2024 and is anticipated to surge to USD 32.5 billion by 2037, achieving a strong CAGR of 18.5% during the forecast period. This market expansion is attributed to an increasing demand for maintaining infrastructure safety and longevity through real-time monitoring, alongside the growing adoption of advanced technologies in sensor systems and data analytics.
Structural Health Monitoring Industry Demand