Structural Health Monitoring Market Trends

Growth Drivers

• Green building standards and government regulations: The aspects of safety regulations, upgraded building codes, and green certification standards have readily incentivized the integration of monitoring systems for performance validation, sustainability, and safety. According to an article published by the World Economic Forum in June 2024, the collaboration between BOSTON Consulting Group with China and Beyond has resulted in identifying 11 tactical transition levers that can unlock more than 80% of abatement potential and ensure a USD 1.8 trillion market growth opportunity. Moreover, buildings are responsible for 37% of international carbon dioxide emissions, along with 34% of the Earth’s species, thus denoting the increasing demand for green buildings for the structural health monitoring market’s growth.
• Increase in aging infrastructures: The deteriorating state of buildings, pipelines, dams, and bridges, particularly in Europe and North America, is also considered a primary driver for the structural health monitoring market. This has readily compelled international governments to generously invest in monitoring solutions for optimizing repair planning and ensuring risk mitigation by legislation, such as the U.S. Infrastructure Investment and Jobs Act. For instance, as per an article published by the ITA in January 2024, different states in India have planned to develop infrastructure, and this can be initiated by targeting a USD 5 trillion economy through an investment of USD 30 billion by the government to focus on smart city strategies. These particular projects are expected to provide opportunities for the safety and security industry, thus denoting an optimistic outlook for the market.
• Advancement in enabling technologies: The declining expense of sensors, powerful AI software, strong wireless connectivity, and ubiquitous cloud computing have made sophisticated structural health monitoring systems more cost-effective, dependable, and accessible for comprehensive applications. As per an article published by the National Bureau of Economic Research in 2025, the cost of basic cloud computing services reduced by 55% to 70%. For instance, the cloud storage products of Amazon fell at an average yearly rate of 12% to 25%. Moreover, the aspect of traffic at cloud data centers, which is compiled by Cisco Systems, indicated advancements by 62%. Therefore, with such low cloud computing operations, there is a huge growth opportunity for the structural health monitoring market across different nations.

Challenges

• Lack of interoperability and standardization: The structural health monitoring market is highly plagued by the absence of data and universal technical standards, which has created an effective friction in system design, scalability, and deployment. Besides, data acquisition systems and sensors from various manufacturers frequently utilize software interfaces, data formats, and proprietary communication protocols. This has resulted in vendor lock-in that readily limits an owner’s capability to implement best-in-class components and effectively complicates data aggregation from disparate systems across a portfolio of assets. Moreover, the resultant data silos have hindered the development of organizational predictive analytics as well as digital twins, thereby creating a negative impact on the market’s growth.
• Skill shortage, cybersecurity risks, and data overload: The promise of ongoing monitoring can rapidly emerge as a liability of data overload, which causes a gap in the structural health monitoring market’s growth. Different systems generate massive volumes of raw data without offering actionable and clear insights, resulting in alert fatigue, wherein critical warnings are overlooked. Besides, extracting value needs innovative data science, along with structured engineering expertise, which is considered an expensive and rare combination, leading to a significant shortage in skills and talent. Meanwhile, increased focus on connectivity of severe infrastructure to corporate IT networks, as well as cloud, has introduced critical cybersecurity vulnerabilities, thus negatively impacting the market’s development.