Europe Structural Health Monitoring Market to 2032
Overview
The Europe Structural Health Monitoring Market is expected to reach a 3.51 USD Billion by 2032 and is projected to grow at a CAGR of 23.90% from 2025 to 2032.
Revenue, 2024 (USD Billion)
1.04
Forecast, 2032 (USD Billion)
3.51
CAGR, 2024 - 2032
23.90%
Report Coverage
Europe
Europe Structural Health Monitoring Market 2018-2032 USD Billion
Europe Structural Health Monitoring Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 1.04 USD Billion
- Projected Market Size (2032): 3.51 USD Billion
- CAGR (2025-2032): 23.90%
Key Findings of Europe Structural Health Monitoring Market
- The Europe Structural Health Monitoring Market was valued at 1.04 USD Billion in 2024.
- The Europe Structural Health Monitoring Market is likely to grow at a CAGR of 23.90% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Civil in End User Segment accounted for the largest share of the market with a revenue of 6.16 USD Billion
- The fastest growing segment Damage Detection in Application Segment grew Fastest with a CAGR of 28.43% during the forecast period from 2024 to 2032.
Europe Structural Health Monitoring Market Scope
Europe Structural Health Monitoring Market Segmentation & Scope
End User
- Other
- Defense
- Marine
- Industrial
- Automotive
- Mining
- Aerospace
- Schools
- Public Parks And Recreation
- Offshore Platform
- Energy
- Civil
Type
- Services
- Software
- Hardware
Application
- Deflection Monitoring
- Impact Monitoring
- Hotspot Monitoring
- Corrosion Monitoring
- Multimodal Sensing
- Leakage Detection
- Wire Break Monitoring
- Strain Monitoring
- Crack Detection
- Damage Detection
Installation
- Retrofit
- New Installation
Connectivity
- Wireless
- Wired
Method
- Non-Destructive Evaluation (NDE)
- Visual Inspection
Europe Structural Health Monitoring Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 1.04 USD Billion |
| Market Value in 2032 | 3.51 USD Billion |
| CAGR (2025-2032) | 23.90% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End User,Type,Application,Installation,Connectivity,Method |
Regional Insights:
-
Leading Market (2024-2032): Europe, leading in terms of revenue 1.04 USD Billion in 2024
- Key Country: Germany, leading in terms of revenue with value of 123.91 USD Million in 2024.
Segments and Scope
-
Europe Structural Health Monitoring Market to 2032, By End User
- Civil is the largest segment in Europe Structural Health Monitoring Market to 2032 with a revenue of 6.16 USD Billion in the year 2024.
- Mining is the Fastest growing segment in Europe Structural Health Monitoring Market to 2032 with a Growth rate of 23.87 % in forecast period 2025-2032.
-
Europe Structural Health Monitoring Market to 2032, By Type
- Hardware is the largest segment in Europe Structural Health Monitoring Market to 2032 with a revenue of 467.50 USD Billion in the year 2024.
- Hardware is the Fastest growing segment in Europe Structural Health Monitoring Market to 2032 with a Growth rate of 25.79 % in forecast period 2025-2032.
-
Europe Structural Health Monitoring Market to 2032, By Application
- Damage Detection is the largest segment in Europe Structural Health Monitoring Market to 2032 with a revenue of 277.98 USD Billion in the year 2024.
- Damage Detection is the Fastest growing segment in Europe Structural Health Monitoring Market to 2032 with a Growth rate of 28.43 % in forecast period 2025-2032.
-
Europe Structural Health Monitoring Market to 2032, By Installation
- New Installation is the largest segment in Europe Structural Health Monitoring Market to 2032 with a revenue of 615.26 USD Billion in the year 2024.
- New Installation is the Fastest growing segment in Europe Structural Health Monitoring Market to 2032 with a Growth rate of 25.78 % in forecast period 2025-2032.
-
Europe Structural Health Monitoring Market to 2032, By Connectivity
- Wired is the largest segment in Europe Structural Health Monitoring Market to 2032 with a revenue of 714.94 USD Billion in the year 2024.
- Wired is the Fastest growing segment in Europe Structural Health Monitoring Market to 2032 with a Growth rate of 25.29 % in forecast period 2025-2032.
-
Europe Structural Health Monitoring Market to 2032, By Method
- Visual Inspection is the largest segment in Europe Structural Health Monitoring Market to 2032 with a revenue of 620.25 USD Billion in the year 2024.
- Visual Inspection is the Fastest growing segment in Europe Structural Health Monitoring Market to 2032 with a Growth rate of 25.63 % in forecast period 2025-2032.
Europe Structural Health Monitoring Market Company Share Analysis
| Company Name |
|
||
| National Instruments corp. | |||
| Xylem | |||
| Campbell Scientific, Inc. | |||
| First Sensor AG | |||
| HBK | |||
Europe Structural Health Monitoring Market Geographical Sales Distribution, 2018-2032 USD Billion
Europe Structural Health Monitoring Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Europe Structural Health Monitoring Market is segmented based on Segmentation End User,Type,Application,Installation,Connectivity,Method.
Europe Structural Health Monitoring Market was valued at USD 1.04(Revenue in USD Billion) in 2021.
Europe Structural Health Monitoring Market is projected to grow at a CAGR of 23.90% during the forecast period of 2024 to 2032.
The Civil segment is expected to dominate the Europe Structural Health Monitoring Market, holding a largest market share of 6.16 USD Billion in 2024
Europe Structural Health Monitoring Market Scope
Europe Structural Health Monitoring Market Segmentation & Scope
End User
- Other
- Defense
- Marine
- Industrial
- Automotive
- Mining
- Aerospace
- Schools
- Public Parks And Recreation
- Offshore Platform
- Energy
- Civil
Type
- Services
- Software
- Hardware
Application
- Deflection Monitoring
- Impact Monitoring
- Hotspot Monitoring
- Corrosion Monitoring
- Multimodal Sensing
- Leakage Detection
- Wire Break Monitoring
- Strain Monitoring
- Crack Detection
- Damage Detection
Installation
- Retrofit
- New Installation
Connectivity
- Wireless
- Wired
Method
- Non-Destructive Evaluation (NDE)
- Visual Inspection
Frequently Asked Questions
The Europe Structural Health Monitoring Market is segmented based on Segmentation End User,Type,Application,Installation,Connectivity,Method.
Europe Structural Health Monitoring Market was valued at USD 1.04(Revenue in USD Billion) in 2021.
Europe Structural Health Monitoring Market is projected to grow at a CAGR of 23.90% during the forecast period of 2024 to 2032.
The estimated market value of the Europe Structural Health Monitoring Market for final year is USD 3.51 (USD Billion).
Europe Structural Health Monitoring Market Company Profiling
Frequently Asked Questions
The Europe Structural Health Monitoring Market is segmented based on Segmentation End User,Type,Application,Installation,Connectivity,Method.
Europe Structural Health Monitoring Market was valued at USD 1.04(Revenue in USD Billion) in 2021.
Europe Structural Health Monitoring Market is projected to grow at a CAGR of 23.90% during the forecast period of 2024 to 2032.
The estimated market value of the Europe Structural Health Monitoring Market for final year is USD 3.51 (USD Billion).
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