Report Feature
The future of the ground penetrating radar market looks promising with opportunities in utility detection, concrete investigation, transportation infrastructure, archaeology, geology and environment, and law enforcement and military applications. The global ground penetrating radar market is expected to decline in 2020 due to global economic recession led by the COVID-19 pandemic. However, the market will witness recovery in the year 2021, and it is expected grow with a CAGR of 7% to 9% from 2020 to 2025. The major drivers for this market are benefits of ground penetrating radar system over other traditional technologies, increasing support from governments for deployment of ground penetrating radars, and growing concerns regarding safety and protection of underground utilities.
A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of ground penetrating radar market report download the report brochure.
The study includes trends and forecasts for the global ground penetrating radar market by product type, offering, application, and region as follows:
By Product Type [$M shipment analysis for 2014 – 2025]:
- Handheld Systems
- Cart-Based Systems
- Vehicle-Mounted Systems
By Application [$M shipment analysis for 2014 – 2025]:
- Utility Detection
- Concrete Investigation
- Transportation Infrastructure
- Archaeology
- Geology and Environment
- Law Enforcement and Military
- Others
By Offering [$M shipment analysis for 2014 – 2025]:
- Equipment
- Services
By Region [$M shipment analysis for 2014 – 2025]:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- United Kingdom
- France
- Italy
- Asia Pacific
- China
- Japan
- India
- South Korea
- The Rest of the World
Some of the ground penetrating radar companies profiled in this report include IDS Georadar, Sensors & Software Inc., Guideline Geo, Chemring Group, Geophysical Survey Systems, Inc., Leica Geosystems, Radiodetection, Penetradar Corp., Utsi Electronics, Hilti, Pipehawk PLC, and Geoscanners.
Lucintel forecasts that cart-based systems will remain the largest product type segment during the forecast period, as it provides reliable and high resolution data about depths of subsurface.
North America will remain the largest region the forecast period due to the increasing development in military, utility detection, transportation infrastructure.
|
Features of Ground Penetrating Radar Market |
|
|
This report answers following 11 key questions |
|
Q.1 What are some of the most promising potential, high-growth opportunities for the global ground penetrating radar market by product type (handheld systems, cart-based systems, and vehicle-mounted systems), application (utility detection, concrete investigation, transportation infrastructure, archaeology, geology and environment, law enforcement and military, and others), offering (equipment and services), and region (North America, Europe, Asia Pacific, and the Rest of the World)? Q.2 Which segments will grow at a faster pace and why? Q.3 Which regions will grow at a faster pace and why? Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the ground penetrating radar market? Q.5 What are the business risks and threats to the ground penetrating radar market? Q.6 What are emerging trends in this ground penetrating radar market and the reasons behind them? Q.7 What are some changing demands of customers in the ground penetrating radar market? Q.8 What are the new developments in the ground penetrating radar market? Which companies are leading these developments? Q.9 Who are the major players in the ground penetrating radar market? What strategic initiatives are being implemented by key players for business growth? Q.10 What are some of the competitive products and processes in the ground penetrating radar market, and how big of a threat do they pose for loss of market share via material or product substitution? Q.11 What M&A activities did take place in the last five years in the ground penetrating radar market? |
Table of Contents
1. Executive Summary
6.2 Emerging Trends in the Global Ground penetrating radar Market
6.1.1 Growth Opportunities for the Global Ground penetrating radar Market by Application
6.1.2 Growth Opportunities for the Global Ground penetrating radar Market by Product Type
6.1.3 Growth Opportunities for the Global Ground penetrating radar Market by Offering
6.1.4 Growth Opportunities for the Global Ground penetrating radar Market by Region
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
Buy Now
Choose a license that fits your team. Instant PDF delivery.
Prices exclude taxes. Instant delivery. Custom licensing available on request.
