South Korea Structural Health Monitoring Market Size & Outlook
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South Korea structural health monitoring market highlights
- The South Korea structural health monitoring market generated a revenue of USD 111.0 million in 2025 and is expected to reach USD 408.3 million by 2033.
- The South Korea market is expected to grow at a CAGR of 17.8% from 2026 to 2033.
- In terms of segment, hardware was the largest revenue generating solution in 2025.
- Software & Services is the most lucrative solution segment registering the fastest growth during the forecast period.
Structural health monitoring market data book summary
| Market revenue in 2025 | USD 111.0 million |
| Market revenue in 2033 | USD 408.3 million |
| Growth rate | 17.8% (CAGR from 2026 to 2033) |
| Largest segment | Hardware |
| Fastest growing segment | Software & Services |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software & Services |
| Key market players worldwide | Highbank Resources Ltd, Emerson Electric Co, Xylem Inc, Acellent Technologies, Campbell Scientific, COWI, DIGI-TEXX Vietnam, Geocomp, GEOKON, GeoSIG, James Fisher and Sons plc, Kinemetrics, Inc., Nova Ventures, Sixense, Structural Monitoring Systems |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.6% of the structural health monitoring market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China structural health monitoring market is projected to lead the regional market in terms of revenue in 2033.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,815.0 million by 2033.
The growth of the South Korea Structural Health Monitoring (SHM) market can be attributed to the growing construction sector and increasing focus on smart cities in the country. Government initiatives promoting preventative maintenance and a growing emphasis on safety in the construction sector are further driving the demand for SHM solutions in South Korea.
Moreover, the country is expected to witness significant growth in wireless sensor technology due to the ease of installation in existing structures. Thus, the growing construction sector, favorable regulatory environment, and technological advancements are driving the South Korea SHM market growth.
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Publish Date: Feb 04, 2026
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Structural Health Monitoring Market Scope
Structural Health Monitoring Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Emerson Electric Co | View profile | 67,000 | 8000 West Florissant Avenue, P.O. Box 4100, St. Louis, MO, United States, 63136 | www.emerson.com |
| Xylem Inc | View profile | 23,000 | 300 Water Street SE, Washington, DC, United States, 20003 | www.xylem.com |
| Highbank Resources Ltd | View profile | - | 800 West Pender Street, Suite 615, Vancouver, BC, Canada, V6C 2V6 | www.highbankresources.com |
| Acellent Technologies | View profile | 11-50 | Sunnyvale, California, United States, North America | www.acellent.com |
| Campbell Scientific | View profile | 11-50 | Gargett, Queensland, Australia, Oceania | www.campbellsci.com.au |
| COWI | View profile | 5001-10000 | Lyngby, Hovedstaden, Denmark, Europe | www.cowi.se/ |
| DIGI-TEXX Vietnam | View profile | 1001-5000 | Ho Chi Minh City, NA - Vietnam, Vietnam, Asia | digi-texx.com/ |
| Geocomp | View profile | 101-250 | Acton, Massachusetts, United States, North America | www.geocomp.com |
| GEOKON | View profile | 51-100 | Lebanon, New Hampshire, United States, North America | www.geokon.com |
| GeoSIG | View profile | 11-50 | Schlieren, Zurich, Switzerland, Europe | www.geosig.com |
South Korea Structural Health Monitoring Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Structural Health Monitoring Market Outlook will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 72.34% in 2025.
Horizon Databook has segmented the South Korea structural health monitoring market based on hardware, software & services covering the revenue growth of each sub-segment from 2021 to 2033.
The growth of the South Korea Structural Health Monitoring (SHM) market can be attributed to the growing construction sector and increasing focus on smart cities in the country. Government initiatives promoting preventative maintenance and a growing emphasis on safety in the construction sector are further driving the demand for SHM solutions in South Korea.
Moreover, the country is expected to witness significant growth in wireless sensor technology due to the ease of installation in existing structures. Thus, the growing construction sector, favorable regulatory environment, and technological advancements are driving the South Korea SHM market growth.
- South Korea Structural Health Monitoring Market Solution Outlook (Revenue, USD Million , 2021-2033)
- Hardware
- Software & Services
- South Korea Structural Health Monitoring Market Technology Outlook (Revenue, USD Million , 2021-2033)
- Wired SHM
- Wireless SHM
- South Korea Structural Health Monitoring Market Application Outlook (Revenue, USD Million , 2021-2033)
- Bridges & Dams
- Buildings & Statdiums
- Vessels & Platforms
- Airframes & Wind Turbines
- Large Machines & Equipments
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea Structural Health Monitoring Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea Structural Health Monitoring Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
South Korea Structural Health Monitoring Market, 2021-2033 (US$M)
South Korea structural health monitoring market statistics, by solution, 2021-2033 (US$M)
