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Global SHM Market: North America Leads, Asia-Pacific Grows 10.5%

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Global SHM Market: North America Leads, Asia-Pacific Grows 10.5%

LONDON, July 17 — The global structural health monitoring market is not a single story but a collection of regional ones, each with its own drivers, risks, and regulatory pressures. A new report from Custom Market Insights breaks down the landscape by region, and the technical reality under the hood is that ageing infrastructure, not just new construction, is driving the biggest share of demand. North America held the largest slice of the market in 2024, estimated at 35 percent.

The detail that matters here is the regulatory push: agencies such as the US Federal Highway Administration and the Canadian Standards Association have imposed strict safety rules on bridges, tunnels, and highways. The US has an enormous stock of ageing concrete and steel, and the cost of catastrophic failure has made continuous monitoring a line item rather than an afterthought.

Europe accounted for 28 percent of the market, with Germany, the UK, and France leading the charge. The European approach is distinct: significant investment is flowing into SHM for historical structures — cathedrals, viaducts, and medieval bridges — alongside modern transport networks. The continent’s regulatory environment is dense, and the cultural imperative to preserve heritage buildings adds a layer of complexity that pure infrastructure markets do not face.

The Asia-Pacific region is the one to watch. The report projects it will grow at the highest compound annual growth rate — 10.5 percent — from 2025 to 2035.

Rapid urbanisation in China and India is the headline driver, but Japan’s focus is different. Japan’s market is shaped by its seismic reality: earthquake-resistant building codes and retrofit programmes have made structural monitoring a standard practice rather than an optional upgrade. China’s Belt and Road Initiative has also generated major infrastructure projects across multiple countries, each requiring SHM systems for compliance and insurance purposes.

The Middle East & Africa and Latin America are smaller markets, but they are not static. Growth in these regions is tied to oil and gas pipeline monitoring. Pipelines running through remote or environmentally sensitive terrain need constant assessment for corrosion, ground movement, and pressure changes.

Saudi Arabia and Brazil are the named country-level forecasts in the report, reflecting the scale of their hydrocarbon infrastructure. The report provides country-level forecasts for ten nations: the US, Canada, Germany, the UK, France, China, India, Japan, Brazil, and Saudi Arabia.

That list alone tells you where the analysts see the most concentrated demand — a mix of mature economies with ageing assets and rapidly industrialising states building from scratch. As ever, the market segmentation is not just about geography. It reflects the different regulatory cultures, construction booms, and risk appetites that define how each region approaches the question of whether a bridge or a building is safe enough.

The detail that matters for investors and engineers alike is that no single solution fits all these markets, and the companies that can tailor their systems to local conditions will have the edge. What to watch next: the pace of adoption in Asia-Pacific, particularly whether India’s urbanisation wave translates into mandatory SHM requirements, or remains voluntary.

Japan’s earthquake-driven demand will continue, but the real test of the market’s long-term trajectory is whether the US and Europe can maintain their regulatory momentum.

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