Ground Penetrating Radar Market 2023 Industry Size, Shares, Segment and Forecast up to 2031

Global Ground Penetrating Radar Market is valued at approximately USD $$ million in 2021 and is anticipated to grow with a healthy growth rate of more than $$% over the forecast period 2022-2028. Ground-penetrating radar is a geophysical procedure that utilizes radar pulses to image the subsurface.

It is a non-intrusive method that examines the sub-surface to explore and investigates underground utilities involving cables, asphalt, masonry, concrete, pipes, and metals. The surging demand for GPR equipment in utility safety and damage protection, favorable government policies, and the introduction of advanced ground penetrating radar (GPR) by the leading market players are the major factors fostering the global market demand.

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For instance, in January 2022, Sensors & Software Inc. introduce the SPIDAR SDK- a software development kit. The product is designed for those who want to use GPRs on their platforms and control a GPR with their data attainment and data processing software. Likewise, in May 2022, IDS GeoRadar s.r.l. declared the launch of AiMaps- a new solution for utility professionals. The product offers intelligent cloud-processing of GPR data to provide the right data to detect the underground utilities faster. Thereby, the rising number of product launches is exhibiting a positive influence on the demand for the Ground Penetrating Radar, which excels the market growth around the world. However, the high cost of GPR equipment and the growing need for skilled professionals to operate GPR equipment hinders the growth of the market over the forecast period of 2022-2028. Also, the growing need for real-time data through GPRs and increasing demand for GPRs in military applications are anticipated to act as catalyzing factors for the market demand during the forecast period.

The key regions considered for the global Ground Penetrating Radar Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to rising government support and growing need to monitor and inspect the structures in real-time. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing number of infrastructural development projects, such as transportation and railway infrastructure development projects, and the rising frequency of natural disasters, would create lucrative growth prospects for the Ground Penetrating Radar Market across the Asia-Pacific region.

Major market players included in this report are:

Hexagon AB

SPX Corporation

Geophysical Survey Systems, Inc.

Guideline Geo

Chemring Group PLC

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Japan Radio Co., Ltd.

Hilti

Screening Eagle Technologies

Pipehawk Plc

Kontur

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Offering:

Equipment

Services

By Type:

Handheld Systems

Cart-based Systems

Vehicle-mounted Systems

By Application:

Utility Detection

Transportation Infrastructure

Geology & Environment

Law Enforcement & Military

Others

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By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Table of Content:

  • Report Overview
  • Global Growth Trends
  • Competition Landscape by Key Players
  • Data Segments
  • North America Market Analysis
  • Europe Market Analysis
  • Asia-Pacific Market Analysis
  • Latin America Market Analysis
  • Middle East & Africa Market Analysis
  • Key Players Profiles Market Analysis
  • Analysts Viewpoints/Conclusions
  • Appendix

Here is an overview of the different factual statements covered by the study:

  • The learn about consists of an area that breaks down strategic traits for the primary gamers in present and upcoming R&D, new product launches, collaborations, regional expansion, and mergers & acquisitions.
  • The lookup focuses on essential market traits such as revenue, product cost, potential and utilization rates, import/export rates, supply/demand figures, market share and CAGR.
  • The learn about is a series of analyzed records and a variety of barrels of house bought via a mixture of analytical equipment and an inside look up process.
  • The Market can be divided into 4 areas in accordance to the regional breakdown: North American Markets, European Markets, Asian Markets and Rest of the World.

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