Global Geotechnical Sensors Market to Reach 440 M US$ by 2025 as per the Latest Research

Global Geotechnical Sensors Market offers a wide range of market dynamics like current trends (2019), estimated forecast (2025), segmentation by types, applications and by companies. It also includes key companies profile and talks about their market share.

Geotechnical sensors can provide information about the physical properties of the subsurface environment, for example, density, competence, and thickness of layers of soil or sediment. Sensors can provide information about stratigraphy, estimate depth to groundwater, or approximate hydraulic conductivity. An investigator must understand the properties and structure of soils and sediments to characterize a site accurately, as these conditions will affect sampling strategies and selection of technologies. Knowledge of the subsurface will also be critical when determining the location, extent, fate and transport, and attenuation of subsurface contaminants.

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.

Of all structural segments of geotechnical instrumentation and monitoring market, tunnels & bridges is the fastest-growing segment during the forecast period. Bridges and tunnels are important infrastructures and contribute majorly to the growth of a region. Geotechnical monitoring in tunnels is important due to the increased risks of cave-ins. Thus, it is necessary to monitor the safety of these structures with high precision.

Of all the regions, the North America held the largest market share in 2016. 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 North America has always been the leader in implementing this technology and is very particular about the safety of its structures. Some of the major restraining factors for the growth of the geotechnical instrumentation and monitoring market are the high installation cost and the slow adoption rate in emerging economies.

Major players in the geotechnical instrumentation and monitoring market are Geokon, Keller Group, Nova Metrix, Roctest, Fugro N.V., RST Instruments, Geosense, Opsens Solutions, Campbell Scientific, SISGEO. These players have adopted various strategies, such as new product developments, partnerships and contracts, and business expansions to cater to the needs of end users in the geotechnical instrumentation and monitoring market.

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The global Geotechnical Sensors market is valued at 240 million US$ in 2018 is expected to reach 440 million US$ by the end of 2025, growing at a CAGR of 7.7% during 2019-2025.

This report focuses on Geotechnical Sensors volume and value at global level, regional level and company level. From a global perspective, this report represents overall Geotechnical Sensors market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan. Key companies profiled on his report are Geokon, Keller Group, Nova Metrix, Roctest, Fugro N.V., Rst Instruments, Geosense, Opsens Solutions, Campbell Scientific, Sisgeo and more in the terms of Product Introduction, Application, Specification, companies Production, Revenue, Price and Gross Margin (2014-2019), etc.

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Segment by Regions

  • North America
  • Europe
  • China
  • Japan

Segment by Type

  • Tunnels & Bridges
  • Buildings & Utilities
  • Dams and Levees
  • Others

Segment by Application

  • Extensometers
  • Piezometers
  • Strain Gages
  • Thermometers
  • Others

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Posted by on Wednesday March 20 2019, 3:18 AM EDT. All trademarks acknowledged. Filed under Featured Press Release, Technology, Media, & Telecommunications. Comments and Trackbacks closed. Follow responses: RSS 2.0

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