Global Ground Penetrating Radar Market was valued US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at CAGR of 9.3% during forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Global Ground Penetrating Radar Market is anticipated to grow significantly in the forecast period owing to a rise in demand for radars. Ground-penetrating radar (GPR) sensor is geophysical equipment that records subsurface features without the essential for probing, digging, or drilling. Ground-penetrating radar market is driven by the growing geopolitical instabilities and territorial fights, increase in advancements in radar technologies, and a rise in need for safety, assistant, and comfort features in the equipment. However, the market is facing hindrances due to increase in demand for robot cars, and major development cost.
Major opportunities faced by the market include the rise in demand for self-driving cars and an increase in military spending on a global scale. Instead, ground penetrating radars are highly sensitive to noise interference which is a challenging the market. Also, stringent regulations for the use of radar systems is a challenge to the market.
Based on product type, cart-based GPR dominates the global market for ground-penetrating radar owing to increasing its application in geophysical surveys, underground infrastructure mapping, unexploded ordnance (UXO) and mine detection.
Region-wise, North American region is expected to be the fastest-growing market during the forecast period. The growth of the market in the region is primarily led owing to high use of GPR for a geologic survey. GPR has been utilized by the USGS (U.S, Geological Survey) in environmental, hydrologic, geologic, bridge-scour studies by rising antennas in boats or floating antennas on water. Also, the high adoption of radar sensors is one major reason for market growth in the region. The APAC is also growing with the fastest rate because of the growing automotive industry and military spending in the region.
Several players operating in the global ground penetrating radar market. The Sensors & Software Inc. (Canada) designs, manufactures, develops, sells, and rents GPR instrumentation and software. The company proposals various GPR-based equipment to locate underground utilities such as soil, rubble, rock, pavement, concrete, water, and ice. Sensors & Software Inc. provides value to its consumers through an extensive dealer network and global offices.
Sensors & Software Inc. the company offers solutions for utility locating, concrete assessment, mining and quarrying, roads and bridges, military, agriculture and forestry, and other applications. To grow in the GPR market, it has been mostly adopting the organic growth strategy of product launches.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Global Ground Penetrating Radar Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in Global Ground Penetrating Radar Market.
Global Ground Penetrating Radar Market Request For View Sample Report Page :@https://www.maximizemarketresearch.com/request-sample/33011
Scope of the Global Ground Penetrating Radar Market
Global Ground Penetrating Radar Market, By Offering
• Equipment
• Services
Global Ground Penetrating Radar Market, By Product Type
• Handheld Systems
• Cart-Based Systems
• Vehicle-Mounted Systems
Global Ground Penetrating Radar Market, By Application
• Utility Detection
• Concrete Investigation
• Transportation Infrastructure
• Archaeology
• Geology and Environment
• Law Enforcement and Military
• Others
Global Ground Penetrating Radar Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Key players operating in Global Ground Penetrating Radar Market
• IDS Georadar
• Guideline GEO
• Sensors & Software Inc.
• Chemring Group
• Geophysical Survey Systems, Inc. (GSSI)
• Leica Geosystems AG
• US Radar
• Radiodetection
• Penetradar Corp.
• Utsi Electronics Ltd.
• Geoscanners
• Groundradar
• Pipehawk PLC
• Proceq
• Impulseradar
• Transient Technologies
• Hilti
• 3D Radar
• T&A Survey
• Maverick Inspection
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According to the new market research report "Ground Penetrating Radar Market by Product Type (Handheld, Cart-Based, and Vehicle-Mounted), Application (Utility Detection, Concrete Investigation, Transportation Infrastructure, and Archaeology), Offering, and Geography - Global Forecast to 2024", published by MarketsandMarkets™, the Ground Penetrating Radar Market is expected to grow from USD 493 million by 2019 to USD 726 million by 2024 at a CAGR of 8.1% from 2019 to 2024.
Ask for PDF Brochure:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=74332617 Utility detection to hold largest size of GPR market during forecast period The utility detection application is expected to hold the largest size of GPR market during the forecast period.
Market for vehicle-mounted GPR systems to grow at highest CAGR during forecast period The GPR market for vehicle-mounted GPR systems is expected to grow at the highest CAGR during the forecast period.
Vehicle-mounted GPR consist of GPR equipment fit on vehicles such as trucks, cars, UAVs, tanks, and armored vehicles.
They are most commonly used for transportation infrastructure, and law enforcement and military applications, which are expected to witness high growth rates during the forecast period.
This growth can be attributed to the rapid infrastructure building activities being undertaken in APAC, mainly in China, India, and Japan, where structural health monitoring paves the way for the modernization of infrastructure.
The ground penetrating radar market is expected to grow from USD 493 million by 2019 to USD 726 million by 2024 at a CAGR of 8.1% from 2019 to 2024.
A few of the key factors driving the growth of this market are the safety- and protection-related concerns for underground utilities, advantages of GPR over other traditional technologies, and support offered by governments for implementation of GPRs.Download PDF Brochure:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=74332617GPR can be used to locate metallic and nonmetallic pipes, power lines, conduit, water lines, re-bar and post-tension cables inside concrete structures.
The primary benefit of GPR over other traditional technologies is that GPR provides better imaging for utility lines, regardless of their composition.The GPR market for vehicle-mounted GPR systems is expected to grow at the highest CAGR during the forecast period.
Factors such as the rise in the practice of procuring GPR systems on a rental basis owing to their high cost of ownership, continuous innovation in GPR, and imposed regulations and standards by the government for using a suitable detecting device before commencing digging, demolishing, or constructing any infrastructure contribute to the growth of the market for services.The GPR market for transportation infrastructure is expected to grow at the highest CAGR during the forecast period.
This is attributed to the worldwide increase in a number of construction projects for bridges, roadways, railways, seaways, and dams.The GPR market in APAC is expected to grow at the highest CAGR during the forecast period.
This growth can be attributed to the rapid infrastructure building activities being undertaken in APAC, mainly in China, India, and Japan, where structural health monitoring paves the way for the modernization of infrastructure.Request Free Sample Pages:https://www.marketsandmarkets.com/requestsampleNew.asp?id=74332617The major opportunities for the growth of the market include high demand for real-time GPR services, and aging infrastructure and increasing maintenance requirements.
The new report by Expert Market Research titled, ‘Global Ground Penetrating Radar Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global ground penetrating radar market, assessing the market based on its segments like equipment, services and major regions.
The sample report shall be delivered to you within 24 hours.Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/ground-penetrating-radar-marketThe key highlights of the report include:Market Overview (2016-2026)Forecast CAGR (2021-2026): 5%Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/ground-penetrating-radar-market/requestsampleIndustry Definition and Major SegmentsGround-penetrating radar is a geophysical technology that uses radar pulses to image the subsurface.
This non-destructive technology uses electromagnetic radiation to detect reflected signals from subterranean structures in the microwave band of the radio spectrum.Based on offering, the market is divided into:EquipmentServicesBased on product type, the market is segmented as:Handheld SystemsCart-Based SystemsVehicle Mounted SystemBased on the application, the market can be segmented as:Utility DetectionConcrete InvestigationTransportation InfrastructureArchaeologyGeology and EnvironmentLaw Enforcement and MilitaryOthersThe EMR report looks into the regional markets of ground penetrating radar like:North AmericaLatin AmericaEuropethe Middle East and Africathe Asia PacificMarket TrendsThe increasing usage of ground-penetrating radar to find underground utilities, such as plastic conduits or concrete storm and sanitary sewers, as well as changes in subterranean dielectric characteristics, is the primary driver of market expansion.
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