Navigating Sustainable, Profitable Growth in a Rapidly Changing World

Manufacturing

Global Ground Penetrating Radar Mar...

Historical and Forecast Market Trends

2018-34

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The heightened investments in the construction and mining sector are predicted to drive the global ground penetrating radar industry in the forecast period. This can be attributed to the increased demand for surface, sub-surface, and geospatial investigation. For instance, in the form of utility detection in the construction of subways and for the accurate detection of oil wells deep below the ground, among others. In addition, the increased demand for high quality scanning and accurate detailing such as in concrete quality detection is expected to bolster the market growth in the coming years. Furthermore, the rapid technological advancements are also expected to aid the market growth.

The growing mergers and acquisitions among the leading market players to expand their detection portfolios and fulfill the growing demand for ground penetrating radar systems across different industries, such as construction, are predicted to significantly bolster the industry growth in the forecast period. For instance, in November 2020, SPX Corporation (NYSE: SPXC), a supplier of highly engineered products and technologies,  announced the acquisition of Sensors and Software Inc., a manufacturer and distributor of ground penetrating radar products. This acquisition is expected to aid SPX’s Radiodetection business  portfolio of cable and pipe locator and detection and measurement products. Such developments are expected to positively impact the growth of the ground penetrating radar industry in the forecast period.

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Market Breakup by Offering, Product Type, Application, and Region:

  • The market is divided based on offering into equipment and services.
  • On the basis of product type, the market can be categorised into handheld systems, cart-based systems, and vehicle-mounted systems.
  • Based on application, the industry can be segmented into utility detection, concrete investigation, forensics and archaeology, transportation infrastructure, geotechnical and environment, and others.
  • Region-wise, the global market for ground penetrating radar can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The global market for ground penetrating radar is being driven by the increased investments in the construction and mining sector.
  • The growing applications of the product in the oil and gas industry has significantly contributed to the market expansion.
  • Heightened demand for quality scanning and accurate detection is also aiding the industry growth.
  • The rapid technological advancements are further propelling the market growth.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for ground penetrating radar for the periods (2018-2023) and (2024-2032).
  • The report also offers historical (2018-2023) and forecast (2024-2032) market information for the offerings, product types, applications, and regions of ground penetrating radar.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global ground penetrating radar market are IDS GeoRadar s.r.l., Sensors & Software Inc., Guideline Geo, Chemring Group PLC, GSSI Geophysical Survey Systems, Inc., Geoscanners AB, Leica Geosystems AG, US Radar Inc., Radiodetection Ltd., Others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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Report Summary

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Offering
  • Product Type
  • Application
  • Region
Breakup by Offering
  • Equipment 
  • Services
Breakup by Product Type
  • Handheld Systems
  • Cart-Based Systems
  • Vehicle-Mounted Systems
Breakup by Application
  • Utility Detection
  • Concrete Investigation
  • Forensics and Archaeology
  • Transportation Infrastructure
  • Geotechnical and Environment
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • IDS GeoRadar s.r.l.
  • Sensors & Software Inc.
  • Guideline Geo
  • Chemring Group PLC
  • GSSI Geophysical Survey Systems, Inc.
  • Geoscanners AB
  • Leica Geosystems AG
  • US Radar Inc.
  • Radiodetection Ltd.
  • Others
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