Ground Penetrating Radar Market Size is Anticipated to Gain $453 Mn by 2027, at a CAGR of 7.5% - says MarketsandMarkets™
Chicago, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Ground Penetrating Radar Market by Offering (Equipment, Services), Type (Handheld, Cart-based and Vehicle-mounted), Application (Utility Detection, Concrete Investigation, Transportation, Law Enforcement) and Region - Global Forecast to 2027, The global ground penetrating radar (GPR) market size is projected to grow from USD 315 million in 2022 to USD 453 million by 2027 at CAGR of 7.5% during the forecast period.
The growing government involvement and mandates for implementing GPR in applications such as utility detection and transportation infrastructure development will help grow this market. Government mandates to facilitate communication between the owners and operators of underground facilities and the excavation teams, is driving the demand for GPR systems worldwide.
Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=74332617
Scope of the Report
Market Size Available for Years
Value (USD Million)
Offering, Type, and Application
Geographic Regions Covered
North America, Asia Pacific, Europe, and RoW
Major Players: Hexagon AB (Sweden), SPX Corporation (US), Geophysical Survey Systems, Inc. (US), Guideline Geo (Sweden), Chemring Group PLC (UK) and Others- (Total 20 players have been covered)
Browse in-depth TOC on "Ground Penetrating Radar Market”
155 – Tables
59 – Figures
191 – Pages
This research report categorizes the ground penetrating radar market by offering, type, application, and region.
Geology & Environment
Law Enforcement & Military
Rest of Europe
Rest of Asia Pacific
Rest of the World
Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=74332617
Hexagon AB is one of the leading companies in digital reality solutions, combining sensors, software, and autonomous technologies. It operates through two business segments, namely, Geospatial Enterprise Solutions and Industrial Enterprise Solutions. The company offers ground penetrating radar (GPR) solutions through its Geospatial Enterprise Solutions segment. Furthermore, it offers all GPR-related solutions through IDS GeoRadar s.r.l. and Leica Geosystems AG, which are now part of Hexagon AB. IDS GeoRadar s.r.l. was acquired by Hexagon in 2016. The company designs and provides products and services for subsurface investigation, structures investigation and monitoring, and slope stability monitoring. It manufactures GPR and interferometric radar systems.
SPX Corporation, along with its subsidiaries, is a diversified, global supplier of infrastructure and detection and measurement equipment. It provides its products through two business segments, namely, HVAC Reportable Segment and Detection and Measurement Reportable Segment. The company offers GPR systems through its Detection and Measurement Reportable Segment. Moreover, the segment delivers transportation solutions, specialized underground location and inspection equipment, and navigation aids. The company sells its products through Radiodetection Ltd. and Sensors & Software Inc.—companies acquired by SPX Corporation. Sensors & Software Inc. offers various GPR-based equipment to locate underground utilities such as soil, rock, rubble, pavement, concrete, water, and ice.
Geophysical Survey Systems, Inc.
Geophysical Survey Systems, Inc. (GSSI) was incorporated in 1970 and is headquartered in Nashua, US. GSSI develops and manufactures GPR equipment and electromagnetic induction instruments. The company has a wide product portfolio, namely, structurescan, utilityscan, pavescan, roadscan, bridgescan, SIR systems, and more. Furthermore, it offers its products for concrete inspection, utility locating, road inspection, geological applications, archaeological applications, bridge inspection, environmental assessment, ice and snow investigation, agriculture and forestry applications, mining, golf course management, railway evaluation, forensics, military and security applications, and research applications. The company has more than 15,000 square feet of dedicated engineering and lab space. Furthermore, the company’s engineering work is dedicated to GPRs and other technology solutions. The company also provides technical support and training services. It serves customers through a network of application specialists and representatives worldwide.
In May 2022, IDS GeoRadar s.r.l., a part of Hexagon AB, announced the newest solution for utility professionals, AiMaps, which offers intelligent cloud-processing of GPR data to deliver the right information to detect the underground utilities faster.
In January 2022, Sensors & Software Inc. announced the release of SPIDAR SDK, a software development kit. It is designed for those who want to use GPRs in their own platforms and control a GPR with their own data acquisition and data processing software.
In September 2021, Guideline Geo introduced the MALA Easy Locator Core for utility locating. This is designed in a way that it can traverse the toughest terrains.
The Embedded Antenna Systems Market by Antenna Type (Chip, Patch, PCB Trace and FPC), Connectivity (Wi-Fi/Bluetooth, GNSS/GPS, Cellular, LPWAN, and UWB), End User, and Geography (2020-2027)
The NDT and Inspection Market by Technique (Visual Testing, Magnetic Particle, Liquid Penetrant, Eddy-Current, Ultrasonic, Radiographic, Terahertz Imaging, Acoustic Emission), Method, Service, Application, Vertical and Region-Global Forecast to 2028
CONTACT: About MarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: firstname.lastname@example.org