Sweden Structural Health Monitoring Market to 2032
Overview
The Sweden Structural Health Monitoring Market is expected to reach a 70.93 USD Million by 2032 and is projected to grow at a CAGR of 17.23% from 2025 to 2032.
Revenue, 2024 (USD Million)
28.64
Forecast, 2032 (USD Million)
70.93
CAGR, 2024 - 2032
17.23%
Report Coverage
Sweden
Sweden Structural Health Monitoring Market 2018-2032 USD Million
Sweden Structural Health Monitoring Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 28.64 USD Million
- Projected Market Size (2032): 70.93 USD Million
- CAGR (2025-2032): 17.23%
Key Findings of Sweden Structural Health Monitoring Market
- The Sweden Structural Health Monitoring Market was valued at 28.64 USD Million in 2024.
- The Sweden Structural Health Monitoring Market is likely to grow at a CAGR of 17.23% 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 170.10 USD Million
- The fastest growing segment Damage Detection in Application Segment grew Fastest with a CAGR of 21.12% during the forecast period from 2024 to 2032.
Sweden Structural Health Monitoring Market Scope
Sweden Structural Health Monitoring Market Segmentation & Scope
End User
- Other
- Marine
- Industrial
- Automotive
- Defense
- Aerospace
- Offshore Platform
- Mining
- Schools
- Public Parks And Recreation
- Energy
- Civil
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
Type
- Services
- Software
- Hardware
Method
- Non-Destructive Evaluation (NDE)
- Visual Inspection
Sweden Structural Health Monitoring Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 28.64 USD Million |
| Market Value in 2032 | 70.93 USD Million |
| CAGR (2025-2032) | 17.23% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End User,Application,Installation,Connectivity,Type,Method |
Regional Insights:
-
Leading Market (2024-2032): Sweden, leading in terms of revenue 28.64 USD Million in 2024
- Key Country: Sweden, leading in terms of revenue with value of 28.64 USD Million in 2024.
Segments and Scope
-
Sweden Structural Health Monitoring Market to 2032, By End User
- Civil is the largest segment in Sweden Structural Health Monitoring Market to 2032 with a revenue of 170.10 USD Million in the year 2024.
- Aerospace is the Fastest growing segment in Sweden Structural Health Monitoring Market to 2032 with a Growth rate of 17.20 % in forecast period 2025-2032.
-
Sweden Structural Health Monitoring Market to 2032, By Application
- Damage Detection is the largest segment in Sweden Structural Health Monitoring Market to 2032 with a revenue of 9.57 USD Million in the year 2024.
- Damage Detection is the Fastest growing segment in Sweden Structural Health Monitoring Market to 2032 with a Growth rate of 21.12 % in forecast period 2025-2032.
-
Sweden Structural Health Monitoring Market to 2032, By Installation
- New Installation is the largest segment in Sweden Structural Health Monitoring Market to 2032 with a revenue of 17.87 USD Million in the year 2024.
- New Installation is the Fastest growing segment in Sweden Structural Health Monitoring Market to 2032 with a Growth rate of 18.95 % in forecast period 2025-2032.
-
Sweden Structural Health Monitoring Market to 2032, By Connectivity
- Wired is the largest segment in Sweden Structural Health Monitoring Market to 2032 with a revenue of 20.40 USD Million in the year 2024.
- Wired is the Fastest growing segment in Sweden Structural Health Monitoring Market to 2032 with a Growth rate of 18.51 % in forecast period 2025-2032.
-
Sweden Structural Health Monitoring Market to 2032, By Type
- Hardware is the largest segment in Sweden Structural Health Monitoring Market to 2032 with a revenue of 14.11 USD Million in the year 2024.
- Hardware is the Fastest growing segment in Sweden Structural Health Monitoring Market to 2032 with a Growth rate of 19.02 % in forecast period 2025-2032.
-
Sweden Structural Health Monitoring Market to 2032, By Method
- Visual Inspection is the largest segment in Sweden Structural Health Monitoring Market to 2032 with a revenue of 17.99 USD Million in the year 2024.
- Visual Inspection is the Fastest growing segment in Sweden Structural Health Monitoring Market to 2032 with a Growth rate of 18.83 % in forecast period 2025-2032.
Sweden Structural Health Monitoring Market Company Share Analysis
| Company Name |
|
||
| National Instruments corp. | |||
| Xylem | |||
| Campbell Scientific, Inc. | |||
| First Sensor AG | |||
| HBK | |||
Sweden Structural Health Monitoring Market Geographical Sales Distribution, 2018-2032 USD Million
Sweden Structural Health Monitoring Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Sweden Structural Health Monitoring Market is segmented based on Segmentation End User,Application,Installation,Connectivity,Type,Method.
Sweden Structural Health Monitoring Market was valued at USD 28.64(Revenue in USD Million) in 2021.
Sweden Structural Health Monitoring Market is projected to grow at a CAGR of 17.23% during the forecast period of 2024 to 2032.
The Civil segment is expected to dominate the Sweden Structural Health Monitoring Market, holding a largest market share of 170.10 USD Million in 2024
Sweden Structural Health Monitoring Market Scope
Sweden Structural Health Monitoring Market Segmentation & Scope
End User
- Other
- Marine
- Industrial
- Automotive
- Defense
- Aerospace
- Offshore Platform
- Mining
- Schools
- Public Parks And Recreation
- Energy
- Civil
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
Type
- Services
- Software
- Hardware
Method
- Non-Destructive Evaluation (NDE)
- Visual Inspection
Frequently Asked Questions
The Sweden Structural Health Monitoring Market is segmented based on Segmentation End User,Application,Installation,Connectivity,Type,Method.
Sweden Structural Health Monitoring Market was valued at USD 28.64(Revenue in USD Million) in 2021.
Sweden Structural Health Monitoring Market is projected to grow at a CAGR of 17.23% during the forecast period of 2024 to 2032.
The estimated market value of the Sweden Structural Health Monitoring Market for final year is USD 70.93 (USD Million).
Sweden Structural Health Monitoring Market Company Profiling
Frequently Asked Questions
The Sweden Structural Health Monitoring Market is segmented based on Segmentation End User,Application,Installation,Connectivity,Type,Method.
Sweden Structural Health Monitoring Market was valued at USD 28.64(Revenue in USD Million) in 2021.
Sweden Structural Health Monitoring Market is projected to grow at a CAGR of 17.23% during the forecast period of 2024 to 2032.
The estimated market value of the Sweden Structural Health Monitoring Market for final year is USD 70.93 (USD Million).
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