Global Geotechnical Instruementation Market - Forecast & Opportunities to 2026
- Report Code : SMA2286666
- Published On: Feb, 2021
- Category : Semiconductors
- Pages : 180
Get in-depth COVID-19 impact and recovery analysis on the Global Geotechnical Instruementation Market
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The global geotechnical instrumentation and monitoring market accounted for a value of USD 3.1 billion in 2019. The global geotechnical instrumentation and monitoring market is estimated to grow at a CAGR of 7.5% during the forecast period.
COVID-19 has impacted GTIM market. The demand for such tools has been declined as the construction activities are stopped by lockdown. In 2020 it is expected to show a significant decline due to virus outbreak. The supply chain and timely delivery is difficult to achieve due to this global pandemic. The raw material supply is also facing difficulties. The reduction in fixed income due to corona virus and lockdown is another factor contraction of GTIM market. It will showcase some growth after resuming all the halted construction projects.
Definition:
Geotechnical instrumentation and monitoring are the instruments, which is used for monitoring geotechnical projects or other site in which there is requirement of such monitoring. For successful completion of geotechnical projects, GTIM tools are important. Critical projects such as slopes, tunnels and excavations demands geotechnical instrumentation and monitoring. Simpler projects may demand partial geotechnical instrumentation.
Market Dynamics (Drivers/Opportunities):
Developed infrastructure has a vast contribution in economic growth and productivity improvement. Developed infrastructure is also responsible for well-being of people in different ways and for regional development. Most countries across the globe focus on developing infrastructure and they are investing a heavy amount on the same. This is increasing demand for GTIM tools and drives growth in this sector.
US alone are investing USD 2 trillion in order to upgrade broadband, bridges, railroads and highways across the country. UK government has also invested USD 625 billion for national construction and infrastructure projects. All this projects required GTIM tools. Thus, drives growth in the GTIM sector.
Major countries of Asia-pacific region such as China and India, the rate of adoption of GTIM is increasing immensely. Asia-Pacific countries are densely populated and the governments in these countries are focusing on constructional and infrastructure developments for sustainable growth. This has created immense opportunities in GTIM sector in coming years.
Market Insights, by Offering
On the basis of offerings, the geotechnical instrumentation and monitoring market segmented into services and hardware & software. The service segment is projected to register growth at a highest CAGR during the forecast period. The major market players are dedicated to offer GTIM services and demand for service offerings is also increasing immensely. Thus drives growth in service offering in GTIM market.
Market Insights, by Networking Technology
On the basis of networking technology, the GTIM market is segmented into wired technology and wireless technology. The wired technology segment is estimated to register to growth at highest CAGR during the forecast period. The advantages of wired technology are reduction in attenuation of data, offers high bandwidth and provides high speed of operation. This technology serves a geotechnical purpose for measuring pore water pressure, underground pressure and slope & rock stability. All these factors are attributing growth in GTIM segment.
Market Insights, by End-User
On the basis of end-user, the geotechnical instrumentation and monitoring is segmented into mining, oil & gas, energy & power and building & infrastructure. The building & infrastructure segment accounted for maximum market share in 2019. It is estimated to continue its dominance over the GTIM market. The awareness about geotechnical instrumentation and monitoring technique’s benefits such as accurate data and real-time monitoring across the world is responsible for growth of GTIM market in building & infrastructure. The critical structures projects such as dams, bridges, tunnels and buildings that need close monitoring demands GTIM tools. This sector is an early adopter of GTIM. All these factors contribute to growth in this segment.
Regional Insights
Asia-Pacific region is estimated to register growth at highest CAGR during the forecast period. The rapid increase in industrialization is responsible for market growth in this region. The governments in many countries are also investing in developing the infrastructure. This is likely to boost building & infrastructure segment in coming years which drives growth for GTIM market in Asia-Pacific region. The adoption of GTIM tools is immensely increasing this region.
Key Companies & Market Share Insights
The key market players in GTIM market are Keller Group plc, Fugro, Nova Metrix, Geocomp Corp., Sisgeo S.r.l, GEOKON, RST Instruments Ltd., Deep Excavation, COWI A/S, James Fishr & Sons plc, Encardio-Rite Electronics, Geosense, Roctest Ltd., Eustis Engineering Llc and Wood Plc.
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With tables and figures helping analyze worldwide Global Geotechnical Instruementation market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Research Framework
Market Definition and Product Overview
Market Segmentation
Research Methodology
Qualitative Research
Primary & Secondary Sources
Quantitative Research
Primary & Secondary Sources
Breakdown of Primary Research Respondents, By Region
Secondary Research
Primary Research
Breakdown of Primary Research Respondents, By Industry Participants
Market Size Estimation
Assumption for the Study
Market Breakdown & Data Triangulation
Executive Summary
Market Snapshot
Industry Insights
Industry ecosystem analysis
Value Chain Analysis
Industry impact and forces
Growth Drivers
Challenges &Restraints
Opportunities
Disruptive Technological Analysis
Regulatory framework
North America
Europe
Asia Pacific
Middle East & Africa
South America
Growth potential analysis, 2019
Porter’s Five forces analysis
Pricing Analysis
North America
Europe
Asia Pacific
Middle East & Africa
South America
COVID – Impact Analysis
North America
Europe
Asia Pacific
Middle East & Africa
South America
GTIM Market, By Offering , Market Size & Forecast To 2026
(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)
Introduction
Services
Hardware & Software
GTIM Market, By Networking Technology, Market Size & Forecast To 2026
(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)
Introduction
Wired Technology
Wireless Technology
GTIM Market, By End User, Market Size & Forecast To 2026
(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)
Introduction
Mining
Oil & Gas
Energy & Power
Building & Infrastructure
GTIM Market, By Region, Market Size & Forecast To 2026
(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)
Introduction
North America Market Size & Forecast To 2026
Market Overview
COVID-19 Impact
By Offering
By Networking Technology
By End-User
By Country
USA
By End-User
Canada
Mexico
South America Market Size & Forecast To 2026
Market Overview
COVID-19 Impact
By Offering
By Networking Technology
By End-User
By Country
Brazil
By End-User
Argentina
Chile
Rest of South America
Europe Market Size & Forecast To 2026
Market Overview
COVID-19 Impact
By Offering
By Networking Technology
By End-User
By Country
UK
By End-User
Germany
France
Italy
Rest of Europe
APAC Market Size & Forecast To 2026
Market Overview
COVID-19 Impact
By Offering
By Networking Technology
By End-User
By Country
China
By End-User
India
Japan
South Korea
Australia
Rest of APAC
Middle East & Africa Market Size & Forecast To 2026
Market Overview
COVID-19 Impact
By Offering
By Networking Technology
By End-User
By Country
Saudi Arabia
By End-User
UAE
Qatar
Kuwait
South Africa
Rest of Middle East & Africa
Competitive Landscaping
Competitive Benchmarking
Market Share Analysis, 2019
Global Presence and Growth Strategies
Mergers & Acquisitions
New Product Launches
Investments Trends
R&D Initiatives
Company Profile
Wood Plc
Company Overview
Financial Overview
Product Portfolio
Recent Developments
SWOT Analysis
Strategic Outlook
Keller Group plc
Fugro
Nova Metrix
Geocomp Corp.
Sisgeo S.r.l
GEOKON
RST Instruments Ltd.
Deep Excavation
COWI A/S
James Fishr & Sons plc
Encardio-Rite Electronics
Geosense
Roctest Ltd.
Eustis Engineering Llc
Appendix
Interrelated Market
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The Global Geotechnical Instruementation Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.
Report Objectives / Segmentation Covered :
By Companies / players:
- Keller Group plc
- Fugro
- Nova Metrix
- Geocomp Corp.
- Sisgeo S.r.l
- GEOKON
- RST Instruments Ltd.
- Deep Excavation
- COWI A/S
- James Fishr & Sons plc
- Encardio-Rite Electronics
- Geosense
- Roctest Ltd.
- Eustis Engineering Llc and Wood Plc
By Regions:
By Type:
By Application:
