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Ground Penetrating Radar (GPR) Market is Expected to Grow from USD 493 Million by 2019 to USD 726 Million by 2024 at a CAGR of 8.1% from 2019 to 2024DUBLIN, June 20, 2019 /PRNewswire/ -- The "Ground Penetrating Radar Market by Product Type (Handheld, Cart-Based, and Vehicle-Mounted), Application (Utility Detection, Concrete Investigation, Transportation Infrastructure, and Archaeology), Offering, and Geography - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering. Concerns pertaining to safety and protection of underground utilities, advantages of GPR over other traditional technologies, and government support for the implementation of GPRs are among the key factors driving the market growth. Equipment to hold a larger size of GPR market during the forecast period GPR equipment is expected to hold a larger share of the GPR market during the forecast period. Rising adoption of GPR equipment to avoid damage to underground assets and increasing demand from water and sewage, oil & gas, and construction industries, among many others, contribute to the larger share of this segment. Transportation infrastructure to witness the highest CAGR in the GPR market during the forecast period The GPR market for transportation infrastructure is expected to grow at the highest CAGR during the forecast period. This is attributed to the worldwide increase in a number of construction projects for bridges, roadways, railways, seaways, and dams. Bridge decks, parking decks, and other structures can be scanned to nondestructively evaluate the amount of deterioration of these structures. Americas to account for the largest size of GPR market during the forecast period The Americas is expected to hold the largest size of the GPR market during the forecast period. The presence of a large number of service providers, concerns pertaining to the safety of underground utilities, and continuous advancements in technology are contributing to the growth of the GPR market in the Americas. Moreover, the ageing civil structures and deteriorating buildings because of harsh environmental conditions, resulting in increased maintenance, repair, and overhaul cost, would drive the demand for the market in the region. Key Topics Covered: 1 Introduction 5.2.3.1 High Demand for Real-Time GPR Services 5.2.3.2 Aging Infrastructure and Increasing Maintenance Requirements 5.2.4 Challenges 5.2.4.1 Lack of Expertise and Skillset to Operate GPR Equipment 5.3 Value Chain Analysis 6 Ground Penetrating Radar Market, By Offering 6.1 Introduction 6.2 Equipment 6.2.1 Equipment to Account for Larger Share of Ground Penetrating Radar Market By 2024 6.3 Services 6.3.1 Ground Penetrating Radar Market for Services to Grow at Higher CAGR During Forecast Period 7 Ground Penetrating Radar Market, By Product Type 7.1 Introduction 7.2 Handheld Systems 7.2.1 Handheld Systems to Be Used Majorly for Concrete Investigation Applications 7.3 Cart-Based Systems 7.3.1 Cart-Based to Hold Largest Share of GPR Market During Forecast Period 7.4 Vehicle-Mounted Systems 7.4.1 Vehicle-Mounted Systems to Be Used Majorly for Transportation Infrastructure Applications 8 Ground Penetrating Radar Market, By Application 8.1 Introduction 8.2 Utility Detection 8.2.1 Utility Detection to Account for Largest Share of Ground Penetrating Radar Market During Forecast Period 8.3 Concrete Investigation 8.3.1 Americas to Dominate Concrete Investigation Application for Ground Penetrating Radar Market During Forecast Period 8.4 Transportation Infrastructure 8.4.1 US to Dominate Transportation Infrastructure Application for Ground Penetrating Radar Market During Forecast Period 8.5 Archaeology 8.5.1 Services Offering to have High Growth Rate for Ground Penetrating Radar Market for Archaeology 8.6 Geology and Environment 8.6.1 APAC Region to have Highest Growth Rate for Ground Penetrating Radar Market for Geology and Environment 8.7 Law Enforcement and Military 8.7.1 Law Enforcement and Military to Dominate With Second Highest Market Share of Ground Penetrating Radar Market 8.8 Others 9 Ground Penetrating Radar Market, By Geography 9.1 Introduction 9.2 Americas 9.2.1 US 9.2.1.1 US to Lead Ground Penetrating Radar Market in Americas 9.2.2 Canada 9.2.2.1 Increased Adoption of Monitoring Systems and Services in Infrastructure Segment in Canada Driving the Ground Penetrating Radar Market 9.2.3 Mexico 9.2.3.1 Growing Infrastructure Projects to Drive Ground Penetrating Market in Mexico 9.2.4 Rest of Americas 9.3 Europe 9.3.1 UK 9.3.1.1 Safety Measures for a Large Number of Civil Infrastructures Such as Bridges, Tunnels, and Buildings to Drive the Ground Penetrating Radar Market in the UK 9.3.2 Germany 9.3.2.1 Construction and Modernization of the Country's Infrastructure Over the Next Decade to Drive the Ground Penetrating Radar Market in Germany 9.3.3 France 9.3.3.1 Transportation Infrastructure Projects to Drive Ground Penetrating Radar Market in France 9.3.4 Rest of Europe 9.4 Asia Pacific 9.4.1 China 9.4.1.1 China to Dominate Ground Penetrating Radar Market in APAC During Forecast Period 9.4.2 Japan 9.4.2.1 Government Regulations Pertaining to Safety of Structures Driving Ground Penetrating Radar Market in Japan 9.4.3 South Korea 9.4.3.1 Ground Penetrating Radar Market in South Korea Being Driven By the Application of Monitoring Systems in Bridges, Buildings, and Tunnels 9.4.4 India 9.4.4.1 Safety Measures for Infrastructures and Utilities Driving the Ground Penetrating Radar Market in India 9.4.5 Rest of APAC 9.5 Rest of the World 9.5.1 Middle East 9.5.1.1 Heavy Investment in Infrastructural Development to Drive Ground Penetrating Radar Market in Middle East Region 9.5.2 Africa 9.5.2.1 Ongoing Infrastructural Projects in African Countries Driving Ground Penetrating Radar Market 10 Competitive Landscape 10.1 Introduction 10.2 Market Player Ranking Analysis 10.3 Competitive Leadership Mapping 10.3.1 Visionary Leaders 10.3.2 Innovators 10.3.3 Dynamic Differentiators 10.3.4 Emerging Companies 10.4 Strength of Product Portfolio 10.5 Business Strategy Excellence 10.6 Competitive Scenario 10.6.1 Product Launches/Developments 10.6.2 Contracts 10.6.3 Acquisitions/Partnerships 11 Company Profiles 11.1 Introduction 11.2 Key Players 11.2.1 IDS Georadar 11.2.2 Guideline GEO 11.2.3 Sensors & Software Inc. 11.2.4 Chemring Group 11.2.5 Geophysical Survey Systems, Inc. (GSSI) 11.2.6 Leica Geosystems AG 11.2.7 US Radar 11.2.8 Radiodetection 11.2.9 Penetradar Corp. 11.2.10 Utsi Electronics Ltd. 11.3 Other Key Players 11.3.1 Geoscanners 11.3.2 Groundradar 11.3.3 Pipehawk PLC 11.3.4 Proceq 11.3.5 Impulse radar 11.3.6 Transient Technologies 11.3.7 Hilti 11.3.8 3D Radar 11.3.9 T&A Survey 11.3.10 Maverick Inspection For more information about this report visit https://www.researchandmarkets.com/r/5u3oku About ResearchAndMarkets.com Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Laura Wood, Senior Manager SOURCE Research and Markets |