Geotechnical Instrumentation and Monitoring Market: The Americas to hold the largest share


Posted November 10, 2017 by poojapatange

Geotechnical Instrumentation and Monitoring Market by Offering (Hardware & Software, Services), Technology (Wired, Wireless), Structure (Tunnels & Bridges, Buildings & Utilities, Dams), End user, and Region - Global Forecast to 2022

 
The growth of the market is attributed to the increasing infrastructural investment across various countries all over the world, catastrophic failure of structures resulting in loss of lives, stringent environmental regulations pertaining to the sustainability of structures, and increasing awareness and superior benefits of geotechnical instrumentation and monitoring.

The geotechnical instrumentation and monitoring market is estimated to reach USD 4.64 Billion by 2022, growing at a CAGR of 11.37% between 2017 and 2022.

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This report provides a detailed analysis of geotechnical instrumentation and monitoring market based on offering, network technology, structure, end user, and region. The service segment, among offerings, is projected to grow at the highest CAGR between 2017 and 2022.

Major players in the geotechnical instrumentation and monitoring market are Fugro N.V. (Netherlands), Keller Group plc (U.K.), Geokon, Incorporated (U.S.), Durham Geo Slope Indicator, Inc. (U.S.), Nova Metrix LLC (U.S.), Geocomp Corporation (U.S.), and Sisgeo Srl (Italy).

The Americas is estimated to have the largest share of the geotechnical instrumentation and monitoring market by 2022. The major reason for this large market share is the high number of projects that are implementing geotechnical instrumentation and monitoring solutions in the region. The Americas has always been the leader in implementing this technology and is very particular about the safety of its structures.

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Contact Email [email protected]
Issued By Pooja
Country United States
Categories Environment
Tags geotechnical instrumenation market
Last Updated November 10, 2017