1 / 8

Geotechnical Instrumentation and Monitoring Market Report: Industry Overview

The geotechnical instrumentation and monitoring market is estimated to be worth USD 3.2 billion in 2021 and is projected to reach USD 5.1 billion by 2026, at a CAGR of 9.6%.

avinashgogawale14
Download Presentation

Geotechnical Instrumentation and Monitoring Market Report: Industry Overview

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. MarketsandMarkets Presents The Global Geotechnical Instrumentation and Monitoring Market is expected to reach USD 5.1 billion by 2026 from USD 3.2 billion in 2021, at a CAGR of 9.6% during the 2021-2026 period. Rising infrastructure investments, increasing adoption of geotechnical instruments to prevent structural failures, government regulations for sustainable structures, and growing awareness about the benefits of instrumentation and monitoring tools are some of the major factors contributing to the market growth.

  2. MarketsandMarkets Presents Geotechnical Instrumentation and Monitoring Services to hold the largest market share during the forecast period The number of market players offering geotechnical instrumentation and monitoring services is more than the companies offering instruments and software. Different types of instruments needed for geotechnical monitoring include inclinometers, piezometers, extensometers, and sensors among others. The data collected from these instruments is provided to the software for analysis. These solutions help to identify structural damages at an early stage and enable a high degree of structural safety.

  3. MarketsandMarkets Presents Geotechnical Instrumentation and Monitoring Services to hold the largest market share during the forecast period Though the hardware and software solutions can be reused after purchase, many companies that purchase these solutions rent them to other companies, which is considered as a service, making the services segment accounting for a larger market share than the hardware & software segment. Download PDF Sample @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=221 101423

  4. MarketsandMarkets Presents Wireless networking technology to register the highest growth in the Geotechnical Instrumentation and Monitoring Market during the period 2021 and 2026 Technological advancements related to wireless technology have led to the development of products to which conventional instruments such as strain gauges, piezometers, inclinometers, linear voltage displacement transducers, and accelerometers can be attached for centralized data collection and analysis. The growing demand for wireless networking technologies for geotechnical instrumentation and monitoring is a major factor contributing to the high market growth for wireless networking technology.

  5. MarketsandMarkets Presents Asia Pacific to register the highest growth in the Geotechnical Instrumentation and Monitoring Market during the forecast period Asia Pacific is expected to register the highest growth in the geotechnical instrumentation and monitoring market during the forecast period. The major factors driving market growth include the increasing investments related to infrastructure and directives by governments for the compulsory use of geotechnical instrumentation and monitoring for various structures. The growing population in many Asia Pacific countries has led to rapid urbanization which has led to the commencement of several infrastructure projects, thereby, driving the market growth.

  6. MarketsandMarkets Presents Key Players The report profiles key players such as Fugro (Netherlands), Keller Group (UK), Nova Metrix LLC (US), Geokon (US), Geocomp Corporation (US), Sisgeo S.r.l. (Italy), COWI A/S (Denmark), James Fisher and Sons (UK), Deep Excavation LLC (US), and RST Instruments (Canada). Browse For More Details - https://www.marketsandmarkets.com/Market- Reports/geotechnical-instrumentation-monitoring-market- 221101423.html

  7. MarketsandMarkets Presents About MarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

  8. MarketsandMarkets Presents Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: sales@marketsandmarkets.com Visit Our Website: https://www.marketsandmarkets.com Content Source: https://www.marketsandmarkets.com/PressReleases/geotechnical- instrumentation-monitoring.asp

More Related