Structural Health Monitoring Market: Trends, Technologies, and Future Outlook
The global structural health monitoring market size is estimated to reach USD 10.48 billion by 2030, expanding at a CAGR of 19.2% from 2025 to 2030, according to a new report by Grand View Research, Inc. Growing investments in infrastructural development and government regulations mandating implementation of sensors and data acquisition systems to monitor structure health are expected to augment the market. Increasing age of existing bridges and dams and rising focus on infrastructural advancements including construction of new bridges, dams, buildings, and stadiums are also providing a push to the market. Superior infrastructure is essential for regional development and it helps to increase productivity of the private as well as public sectors. Therefore, rapid infrastructural development across the globe is one of the primary growth stimulants for the market. These systems help in reducing cost by removing need for inspection staff and maintenance. Additional...