South Korea Structural Health Monitoring Market to 2032
Overview
The South Korea Structural Health Monitoring Market is expected to reach a 426.77 USD Million by 2032 and is projected to grow at a CAGR of 29.48% from 2025 to 2032.
Revenue, 2024 (USD Million)
98.78
Forecast, 2032 (USD Million)
426.77
CAGR, 2024 - 2032
29.48%
Report Coverage
South Korea
South Korea Structural Health Monitoring Market 2018-2032 USD Million
South Korea Structural Health Monitoring Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 98.78 USD Million
- Projected Market Size (2032): 426.77 USD Million
- CAGR (2025-2032): 29.48%
Key Findings of South Korea Structural Health Monitoring Market
- The South Korea Structural Health Monitoring Market was valued at 98.78 USD Million in 2024.
- The South Korea Structural Health Monitoring Market is likely to grow at a CAGR of 29.48% 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 588.08 USD Million
- The fastest growing segment Damage Detection in Application Segment grew Fastest with a CAGR of 34.23% during the forecast period from 2024 to 2032.
South Korea Structural Health Monitoring Market Scope
South Korea Structural Health Monitoring Market Segmentation & Scope
End User
- Other
- Industrial
- Defense
- Marine
- Automotive
- Offshore Platform
- Mining
- Schools
- Public Parks And Recreation
- Aerospace
- Energy
- Civil
Application
- Deflection Monitoring
- Impact Monitoring
- Hotspot Monitoring
- Corrosion Monitoring
- Multimodal Sensing
- Leakage Detection
- Wire Break Monitoring
- Strain Monitoring
- Crack Detection
- Damage Detection
Method
- Non-Destructive Evaluation (NDE)
- Visual Inspection
Installation
- Retrofit
- New Installation
Connectivity
- Wireless
- Wired
Type
- Services
- Software
- Hardware
South Korea Structural Health Monitoring Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 98.78 USD Million |
| Market Value in 2032 | 426.77 USD Million |
| CAGR (2025-2032) | 29.48% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End User,Application,Method,Installation,Connectivity,Type |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 98.78 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 98.78 USD Million in 2024.
Segments and Scope
-
South Korea Structural Health Monitoring Market to 2032, By End User
- Civil is the largest segment in South Korea Structural Health Monitoring Market to 2032 with a revenue of 588.08 USD Million in the year 2024.
- Industrial is the Fastest growing segment in South Korea Structural Health Monitoring Market to 2032 with a Growth rate of 29.44 % in forecast period 2025-2032.
-
South Korea Structural Health Monitoring Market to 2032, By Application
- Damage Detection is the largest segment in South Korea Structural Health Monitoring Market to 2032 with a revenue of 25.45 USD Million in the year 2024.
- Damage Detection is the Fastest growing segment in South Korea Structural Health Monitoring Market to 2032 with a Growth rate of 34.23 % in forecast period 2025-2032.
-
South Korea Structural Health Monitoring Market to 2032, By Method
- Visual Inspection is the largest segment in South Korea Structural Health Monitoring Market to 2032 with a revenue of 63.72 USD Million in the year 2024.
- Visual Inspection is the Fastest growing segment in South Korea Structural Health Monitoring Market to 2032 with a Growth rate of 31.16 % in forecast period 2025-2032.
-
South Korea Structural Health Monitoring Market to 2032, By Installation
- New Installation is the largest segment in South Korea Structural Health Monitoring Market to 2032 with a revenue of 63.31 USD Million in the year 2024.
- New Installation is the Fastest growing segment in South Korea Structural Health Monitoring Market to 2032 with a Growth rate of 31.29 % in forecast period 2025-2032.
-
South Korea Structural Health Monitoring Market to 2032, By Connectivity
- Wired is the largest segment in South Korea Structural Health Monitoring Market to 2032 with a revenue of 71.66 USD Million in the year 2024.
- Wired is the Fastest growing segment in South Korea Structural Health Monitoring Market to 2032 with a Growth rate of 30.84 % in forecast period 2025-2032.
-
South Korea Structural Health Monitoring Market to 2032, By Type
- Hardware is the largest segment in South Korea Structural Health Monitoring Market to 2032 with a revenue of 50.92 USD Million in the year 2024.
- Hardware is the Fastest growing segment in South Korea Structural Health Monitoring Market to 2032 with a Growth rate of 31.37 % in forecast period 2025-2032.
South Korea Structural Health Monitoring Market Company Share Analysis
| Company Name |
|
||
| National Instruments corp. | |||
| Xylem | |||
| Campbell Scientific, Inc. | |||
| First Sensor AG | |||
| HBK | |||
South Korea Structural Health Monitoring Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Structural Health Monitoring Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Structural Health Monitoring Market is segmented based on Segmentation End User,Application,Method,Installation,Connectivity,Type.
South Korea Structural Health Monitoring Market was valued at USD 98.78(Revenue in USD Million) in 2021.
South Korea Structural Health Monitoring Market is projected to grow at a CAGR of 29.48% during the forecast period of 2024 to 2032.
The Civil segment is expected to dominate the South Korea Structural Health Monitoring Market, holding a largest market share of 588.08 USD Million in 2024
South Korea Structural Health Monitoring Market Scope
South Korea Structural Health Monitoring Market Segmentation & Scope
End User
- Other
- Industrial
- Defense
- Marine
- Automotive
- Offshore Platform
- Mining
- Schools
- Public Parks And Recreation
- Aerospace
- Energy
- Civil
Application
- Deflection Monitoring
- Impact Monitoring
- Hotspot Monitoring
- Corrosion Monitoring
- Multimodal Sensing
- Leakage Detection
- Wire Break Monitoring
- Strain Monitoring
- Crack Detection
- Damage Detection
Method
- Non-Destructive Evaluation (NDE)
- Visual Inspection
Installation
- Retrofit
- New Installation
Connectivity
- Wireless
- Wired
Type
- Services
- Software
- Hardware
Frequently Asked Questions
The South Korea Structural Health Monitoring Market is segmented based on Segmentation End User,Application,Method,Installation,Connectivity,Type.
South Korea Structural Health Monitoring Market was valued at USD 98.78(Revenue in USD Million) in 2021.
South Korea Structural Health Monitoring Market is projected to grow at a CAGR of 29.48% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Structural Health Monitoring Market for final year is USD 426.77 (USD Million).
South Korea Structural Health Monitoring Market Company Profiling
Frequently Asked Questions
The South Korea Structural Health Monitoring Market is segmented based on Segmentation End User,Application,Method,Installation,Connectivity,Type.
South Korea Structural Health Monitoring Market was valued at USD 98.78(Revenue in USD Million) in 2021.
South Korea Structural Health Monitoring Market is projected to grow at a CAGR of 29.48% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Structural Health Monitoring Market for final year is USD 426.77 (USD Million).
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