Structural Health Monitoring (SHM) Systems Market Size, Share, Trends & Forecast
Deveshguwal06 Dec, 2023Business
The Global Structural Health Monitoring (SHM) Systems Market is projected to grow from USD 2.18 billion in 2022 to USD 4.93 billion by 2028 at a CAGR of over 14.56% during the forecast period. The market is mainly driven by the automation and standardization in maintenance & repair of civil infrastructure in the post-COVID-10 period, and rising capital investments in structural health monitoring across various countries in the world.
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