Global Ground Penetrating Radar Market Competitive Analysis, Top Manufacturers and Forecast 2027


Posted August 5, 2022 by mayurikathade

Ground Penetrating Radar Market is expected to reach US$ 721 Mn. by 2027, at a CAGR of 8.24% during the forecast period. The report has covered region wise market trends with competitive landscape.

 
The research report provides deep insights into the global market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of Ground Penetrating Radar Market during the forecast period. Most importantly, the report further identifies the qualitative impact of various market factors on market segments and geographies. The research segments the Ground Penetrating Radar Market on the basis of product type, application, technology, and region. To offer more clarity regarding the Ground Penetrating Radar Market Industry, the report takes a closer look at the current status of various factors including but not limited to supply chain management, niche markets, distribution channel, trade, supply, and demand and production capability across different countries.

Ground Penetrating Radar Market Overview:

This study looks at the market growth drivers and roadblocks for the manufacturer, as well as an assessment of the market's firm strategies, procedures, and financially sound and grow plan. Individual customer requirements can be satisfied through customization and a deep understanding of market opportunities. The Ground Penetrating Radar Market provides a comprehensive overview of the market's competitive landscape and key players. This report can assist with structural planning in light of current industry conditions.

Expected Growth Value Of Ground Penetrating Radar Market :

Ground Penetrating Radar Market is expected to reach US$ 721 Mn. by 2027, at a CAGR of 8.24% during the forecast period. The report has covered region wise market trends with competitive landscape.

Ground Penetrating Radar Market

Market Scope:

As per the forecast period 2021-2027, the Ground Penetrating Radar market is expected to grow at a steady rate of between 2021 and 2027. This study covers the Ground Penetrating Radar market and provides a value-based analysis and estimate. This study and analysis of market drivers, restraints, and opportunities affecting the growth of the Ground Penetrating Radar Market is included in this report. The global market has been segmented into four categories: type, source, end-user, and geography (country-wise). The scope of the research is a strategic analysis of the Ground Penetrating Radar market in terms of individual growth trends, future prospects, and the contributions of important sub-market stakeholders. Ground Penetrating Radar market analyses and forecasts for five key regions: North America, Europe, Asia Pacific, the Middle East and Africa (MEA), and Latin America, as well as country-by-country segmentation. Major industry participants' profiles, as well as their strategic orientations, market positioning, and core competence analysis, are offered. The top players in the Ground Penetrating Radar Market are also profiled, with details on their recent competitive advancements, investments, strategic growth, and competitive landscape.

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Precision Farming Market Segmentation:

The cart-based Product type segment led the ground penetrating radar market during the forecast period, accounting for a share of 56.12 percent. Cart-Based GPR leads the total Ground Penetrating Radar (GPR) due to increasing its application in geophysical surveys, underground infrastructure mapping, unexploded ordnance (UXO), and mine detection. The hand-held market will increase by applications of hand-held GPR in the construction industry for tracing rebar, conduits, post-tension cables & voids, and control concrete slab thickness in real-time.

The North America region is expected to grow at 8.60 percent CAGR during the forecast period. The progress of the market in the North America is primarily led due to high usage of GPR for a geologic survey. GPR has been used by the USGS (U.S, Geological Survey) in environmental, hydrologic, geologic, bridge-scour studies by increasing antennas in boats or floating antennas on water. Also, the increasing adoption of radar sensors is one key reason for market development in the region.

The Asia-Pacific is anticipated to reach USD xx Mn by 2027, at a CAGR 8.55% due to rising automotive industry & military spending in the region. Main cities of Asia pacific regions are facing the development of subways construction to combat the problems of pollution, travel time & increasing prices of fuel by providing reasonable & safe means of transportation. For example, in the year 2019, China spent more than USD 125 Bn for the construction of high-speed rail network. China Railway Corporation is set to open 6,800 km of new lines, including 4,100 km of high-speed infrastructure, which is 45 percent more than the total mileage commissioned in 2018.

Some prominent players in the Ground Penetrating Radar Market:

• IDS Georadar
• Guideline GEO
• Sensors & Software Inc.
• Chemring Group
• Geophysical Survey Systems, Inc. (GSSI)
• Leica Geosystems AG
• US Radar
• Radiodetection
• Penetradar Corp.
• Utsi Electronics Ltd.
• Geoscanners
• Groundradar
• Pipehawk PLC
• Proceq
• Impulseradar
• Transient Technologies
• Hilti
• 3D Radar

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Regional Insights on Ground Penetrating Radar Market :

The several sections on regional segmentation provide information on the regional characteristics of the Ground Penetrating Radar Market. This chapter discusses the regulatory environment that will have an impact on the market. It highlights the market’s political landscape & anticipates its impact on the worldwide Ground Penetrating Radar Market industry. Global brands’ presence and availability, as well as the problems they face from fierce competition from local & domestic brands, the influence of domestic tariffs, and trade channels, are all considered. The Ground Penetrating Radar Market report examines the five areas & their distribution by country:

North America – (U.S., Canada, and Mexico)

Europe – (U.K., Germany, France, Spain, Italy, Sweden, CIS Countries, and Rest of Europe)

Asia Pacific – (China, India, Japan, South Korea, Australia, ASEAN, and Rest of APAC)

Middle East & Africa – (South Africa, GCC Countries, Nigeria, Egypt, and Rest of ME&A)

South America – (Brazil, Argentina, Colombia, and Rest of South America)

COVID-19 Impact Analysis on Ground Penetrating Radar Market:

The recovery phase of the COVID-19 outbreak has come to an end over the world. Maximize Industry Research has released the Ground Penetrating Radar Market Status, Trends, and COVID-19 Impact Report 2021, which gives a detailed look at the Ground Penetrating Radar market in light of the present economic situation.

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The report provides insights on the following:

Market Penetration: Offers complete information on the market offered by the key players
Market Development: Provides in-depth information about emerging market trends and analyses the markets
Competitive Assessment & Intelligence: Provides a comprehensive assessment of market shares, strategies, products, and manufacturing capabilities of the leading key players operating in the market
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Last Updated August 5, 2022