Global Ground Penetrating Radar Market is valued at approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Ground-penetrating radar is a geophysical procedure that utilizes radar pulses to image the subsurface. It is a non-intrusive method that examines the sub-surface to explore and investigates underground utilities involving cables, asphalt, masonry, concrete, pipes, and metals. The surging demand for GPR equipment in utility safety and damage protection, favorable government policies, and the introduction of advanced ground penetrating radar (GPR) by the leading market players are the major factors fostering the global market demand. For instance, in January 2022, Sensors & Software Inc. introduce the SPIDAR SDK- a software development kit. The product is designed for those who want to use GPRs on their platforms and control a GPR with their data attainment and data processing software. Likewise, in May 2022, IDS GeoRadar s.r.l. declared the launch of AiMaps- a new solution for utility professionals. The product offers intelligent cloud-processing of GPR data to provide the right data to detect the underground utilities faster. Thereby, the rising number of product launches is exhibiting a positive influence on the demand for the Ground Penetrating Radar, which excels the market growth around the world. However, the high cost of GPR equipment and the growing need for skilled professionals to operate GPR equipment hinders the growth of the market over the forecast period of 2022-2028. Also, the growing need for real-time data through GPRs and increasing demand for GPRs in military applications are anticipated to act as catalyzing factors for the market demand during the forecast period.
The key regions considered for the global Ground Penetrating Radar Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to rising government support and growing need to monitor and inspect the structures in real-time. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing number of infrastructural development projects, such as transportation and railway infrastructure development projects, and the rising frequency of natural disasters, would create lucrative growth prospects for the Ground Penetrating Radar Market across the Asia-Pacific region.
Major market players included in this report are:
Hexagon AB
SPX Corporation
Geophysical Survey Systems, Inc.
Guideline Geo
Chemring Group PLC
Japan Radio Co., Ltd.
Hilti
Screening Eagle Technologies
Pipehawk Plc
Kontur
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Offering:
Equipment
Services
By Type:
Handheld Systems
Cart-based Systems
Vehicle-mounted Systems
By Application:
Utility Detection
Transportation Infrastructure
Geology & Environment
Law Enforcement & Military
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Ground Penetrating Radar Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
- 1.2.1. Ground Penetrating Radar Market, by Region, 2020-2028 (USD Million)
- 1.2.2. Ground Penetrating Radar Market, by Offering, 2020-2028 (USD Million)
- 1.2.3. Ground Penetrating Radar Market, by Type, 2020-2028 (USD Million)
- 1.2.4. Ground Penetrating Radar Market, by Application, 2020-2028 (USD Million)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Ground Penetrating Radar Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Ground Penetrating Radar Market Dynamics
- 3.1. Ground Penetrating Radar Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Surging demand for GPR equipment in utility safety and damage protection
- 3.1.1.2. Favorable government policies
- 3.1.1.3. Introduction of advanced ground penetrating radar (GPR) by the leading market players
- 3.1.2. Market Challenges
- 3.1.2.1. High cost of GPR equipment
- 3.1.2.2. Growing need for skilled professionals to operate GPR equipment
- 3.1.3. Market Opportunities
- 3.1.3.1. Growing need for real-time data through GPRs
- 3.1.3.2. Increasing demand for GPRs in military applications
Chapter 4. Global Ground Penetrating Radar Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Ground Penetrating Radar Market, by Offering
- 6.1. Market Snapshot
- 6.2. Global Ground Penetrating Radar Market by Offering, Performance - Potential Analysis
- 6.3. Global Ground Penetrating Radar Market Estimates & Forecasts by Offering, 2018-2028 (USD Million)
- 6.4. Ground Penetrating Radar Market, Sub Segment Analysis
- 6.4.1. Equipment
- 6.4.2. Services
Chapter 7. Global Ground Penetrating Radar Market, by Type
- 7.1. Market Snapshot
- 7.2. Global Ground Penetrating Radar Market by Type, Performance - Potential Analysis
- 7.3. Global Ground Penetrating Radar Market Estimates & Forecasts by Type, 2018-2028 (USD Million)
- 7.4. Ground Penetrating Radar Market, Sub Segment Analysis
- 7.4.1. Handheld Systems
- 7.4.2. Cart-based Systems
- 7.4.3. Vehicle-mounted Systems
Chapter 8. Global Ground Penetrating Radar Market, by Application
- 8.1. Market Snapshot
- 8.2. Global Ground Penetrating Radar Market by Application, Performance - Potential Analysis
- 8.3. Global Ground Penetrating Radar Market Estimates & Forecasts by Application, 2018-2028 (USD Million)
- 8.4. Ground Penetrating Radar Market, Sub Segment Analysis
- 8.4.1. Utility Detection
- 8.4.2. Transportation Infrastructure
- 8.4.3. Geology & Environment
- 8.4.4. Law Enforcement & Military
- 8.4.5. Others
Chapter 9. Global Ground Penetrating Radar Market, Regional Analysis
- 9.1. Ground Penetrating Radar Market, Regional Market Snapshot
- 9.2. North America Ground Penetrating Radar Market
- 9.2.1. U.S. Ground Penetrating Radar Market
- 9.2.1.1. Offering breakdown estimates & forecasts, 2018-2028
- 9.2.1.2. Type breakdown estimates & forecasts, 2018-2028
- 9.2.1.3. Application breakdown estimates & forecasts, 2018-2028
- 9.2.2. Canada Ground Penetrating Radar Market
- 9.3. Europe Ground Penetrating Radar Market Snapshot
- 9.3.1. U.K. Ground Penetrating Radar Market
- 9.3.2. Germany Ground Penetrating Radar Market
- 9.3.3. France Ground Penetrating Radar Market
- 9.3.4. Spain Ground Penetrating Radar Market
- 9.3.5. Italy Ground Penetrating Radar Market
- 9.3.6. Rest of Europe Ground Penetrating Radar Market
- 9.4. Asia-Pacific Ground Penetrating Radar Market Snapshot
- 9.4.1. China Ground Penetrating Radar Market
- 9.4.2. India Ground Penetrating Radar Market
- 9.4.3. Japan Ground Penetrating Radar Market
- 9.4.4. Australia Ground Penetrating Radar Market
- 9.4.5. South Korea Ground Penetrating Radar Market
- 9.4.6. Rest of Asia Pacific Ground Penetrating Radar Market
- 9.5. Latin America Ground Penetrating Radar Market Snapshot
- 9.5.1. Brazil Ground Penetrating Radar Market
- 9.5.2. Mexico Ground Penetrating Radar Market
- 9.6. Rest of The World Ground Penetrating Radar Market
Chapter 10. Competitive Intelligence
- 10.1. Top Market Strategies
- 10.2. Company Profiles
- 10.2.1. Hexagon AB
- 10.2.1.1. Key Information
- 10.2.1.2. Overview
- 10.2.1.3. Financial (Subject to Data Availability)
- 10.2.1.4. Product Summary
- 10.2.1.5. Recent Developments
- 10.2.2. SPX Corporation
- 10.2.3. Geophysical Survey Systems, Inc.
- 10.2.4. Guideline Geo
- 10.2.5. Chemring Group PLC
- 10.2.6. Japan Radio Co., Ltd.
- 10.2.7. Hilti
- 10.2.8. Screening Eagle Technologies
- 10.2.9. Pipehawk Plc
- 10.2.10. Kontur
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption