Global Geotechnical Instrumentation And Monitoring Market Price 2024, Forecast To 2033
20 Feb, 2024
The geotechnical instrumentation and monitoring market expanded from $3.95 billion in 2023 to $4.36 billion in 2024, boasting a 10.5% CAGR, attributed to urbanization and regulatory requirements. Expecting rapid growth to $6.46 billion in 2028 with a 10.3% CAGR, factors include resilience planning and standardization. Noteworthy trends involve patient-centric interoperability and telehealth compliance.
Global Geotechnical Instrumentation And Monitoring Market Key Driver
Infrastructure investments are fueling the growth of the geotechnical instrumentation and monitoring market. Governments globally are allocating substantial budgets to enhance physical structures, allocating USD 32.02 billion to India's infrastructure sector in 2021. This sector also attracted 13% of the total foreign direct investment (FDI) flows, reaching USD 81.72 billion in 2021. The rise in infrastructure investments across diverse nations is a key factor driving the geotechnical instrumentation and monitoring market.
Get A Free Sample Of The Global Geotechnical Instrumentation And Monitoring Market ReportGlobal Geotechnical Instrumentation And Monitoring Market Segments
The geotechnical instrumentation and monitoring market covered in this report is segmented –
1)By Component: Hardware, Software, Services
2)By Technology: Wired Networking, Wireless Networking
3)By Structure: Tunnels and Bridges, Buildings and Utilities, Dams, Other Structures
4)By End User: Energy and Power, Buildings and Infrastructure, Mining, Agriculture, Oil and gas, Others End Users
By Geography: The regions covered in the template market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
North America was the largest region in the geotechnical instrumentation and monitoring market in 2023. Asia-Pacific is the second largest region in the geotechnical instrumentation and monitoring market share. The regions covered in the geotechnical instrumentation and monitoring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Geotechnical Instrumentation And Monitoring Industry Players
Geomotion Singapore Pte Ltd.; Geocomp Corporation; Durham Geo Slope Indicator; Geosig Ltd.; RST Instruments Ltd.; Fugro N. V.; Keller Group plc; Nova Metrix LLC; Geokon, Incorporated; Sisgeo S. r. l.; COWI A/S; James Fisher and Sons plc; Smart Structures Inc.; Eustis Engineering Services L. L. C.; Deep Excavation LLC; GKM Consultants; S. W. Cole; Roctest Ltd.; Geosense Ltd.; Soil Instruments LLC; TML Technology Inc.; Trimble Inc.; Vaisala Oyj; Vector Instruments Inc.; Well Sounder Corporation; WGeotech Inc.; Applied Geomechanics Inc.; Geotech Instruments Inc.; GroundProbe Limited; In-Situ Inc.; Slope Indicator Co.
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Geotechnical Instrumentation And Monitoring Market Overview
Geotechnical instrumentation and monitoring are used to monitor geotechnical structures and the environment. Geotechnical instrumentation and monitoring are used to monitor pressure or stress on retaining walls, concrete structures, embankments, tunnel linings, and buildings. This market includes strain gauges, survey markers, load cells, and piezometers.
Geotechnical Instrumentation And Monitoring Global Market Report 2023 provides data on the global geotechnical instrumentation and monitoring market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The geotechnical instrumentation and monitoring market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.