Global Geotechnical Instrumentation Market 2018 Key Players – Fugro N.V, Geokon, Durham Ge,etc


Posted January 30, 2018 by poojapatange

The geographic information system (GIS) market was valued at USD 5.33 Billion in 2016 and is expected to reach USD 10.12 Billion by 2023, growing at a CAGR of 9.6% between 2017 and 2023.

 
Geotechnical instrumentation and monitoring deals in instruments used to monitor geotechnical sites or projects. Geotechnical monitoring is crucial for the successful completion of infrastructural projects. The demand for geotechnical instrumentation and monitoring varies for critical projects, such as tunnels, bridges, dams, excavations, and slopes.

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.

The growth of the geotechnical instrumentation and monitoring market can be attributed to the awareness about the benefits of geotechnical instrumentation and monitoring and stringent government regulations for its implementation.

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Key players in 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).


Fugro is a leader in geotechnical instrumentation and monitoring applications and has an extensive array of services that are used in geotechnical monitoring applications across structures, such as bridges, dams, tunnels, and buildings. The company operates in more than 60 countries and is engaged in providing geotechnical, environmental, geological, and survey services for various structures. The services offered by Fugro include testing and monitoring, geoconsulting, and site investigation. In June 2016, Fugro signed a contract with the Ministry of Economic Affairs, Netherlands, to complete a geotechnical investigation at Hollandse Kust Zuid, a 356 km2 wind farm zone.

Keller Group plc is dedicated to providing services to the geotechnical instrumentation and monitoring market. The company is engaged in a broad range of geotechnical applications. Some of the services offered by the company include monitoring and analysis of deformation, vibration, dust and noise monitoring, excavation monitoring, and rail track monitoring. The company focuses on acquiring its competitors to grow in the market. For instance, it acquired Tecnogeo Group (Brazil) in 2016, and GeoConstruction Group (U.S.) in 2015. The company has attempted to provide sustainable alternatives through its geotechnical instrumentation and monitoring services.

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Contact Email [email protected]
Issued By Pooja
Country United States
Categories Business , Construction , Technology
Tags civil , geotech , geotechnical , geotechnical instrumnetation market
Last Updated January 30, 2018