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Worldwide Geotechnical Instrumentation and Monitoring Industry to 2025 - Featuring Fugro, Keller Group & Nova Metrix Among Others

DUBLIN, Sept. 1, 2020 /PRNewswire/ -- The "Geotechnical Instrumentation and Monitoring Market with Covid-19 Impact Analysis by Offering (Hardware & Software, and Services), Networking Technology (Wired, Wireless), Structure, Application, End User, and Geography - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

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The GTIM market is projected to reach USD 4.5 billion by 2025 from USD 2.9 billion in 2020; it is expected to grow at a CAGR of 9.2% from 2020 to 2025.

Major drivers for the growth of the market are a significant rise in infrastructure investments across various countries, use of geotechnical instrumentation to prevent failure of geotechnical structures and loss of lives, stringent government regulations to make structures more sustainable and safe, and growing awareness about benefits of GTIM tools. The major restraints for the growth of the market are high installation and monitoring cost.

The wired networking technology segment projected to hold a larger share of the GTIM market during the forecast period.

Wired technology is the most commonly used networking technology in geotechnical instrumentation and monitoring applications. Wired technology has major advantages, such as reduces the attenuation of data, provides a high speed of operation, and offers high bandwidth. This technology used to serve a geotechnical purpose is primarily used to measure pore water pressure, slope and rock stability, and underground pressure. These applications are useful to efficiently monitor the structure and maintain their safety.

Among all end-users, the building & infrastructure segment to grow at the highest CAGR between 2020 and 2025.

The buildings and infrastructure segment is expected to continue to dominate the GTIM market, by end-user, during the forecast period. The major factor contributing to the growth of this market is the growing awareness about geotechnical instrumentation and monitoring techniques, along with their benefits, across the world. Benefits such as real-time monitoring and accurate data are supporting the GTIM market to grow. The primary reason for the growth of the market for the buildings and infrastructure segment is that this sector includes a few of the major critical structures, such as dams, tunnels, bridges, and buildings that need to be closely monitored regularly. Also, this segment was the early adopter of the geotechnical instrumentation and monitoring techniques; therefore, it is likely to continue to lead the GTIM market in the coming years.

Americas projected to hold the largest share of the GTIM market in 2025.

The GTIM market in the Americas is expected to grow at a significant rate owing to an increase in investments in infrastructural projects in the region. For instance, from 2009 to 2017, the US federal government and local government spent about USD 440 billion on infrastructure. In addition, countries such as the US and Canada are increasingly adopting geotechnical instrumentation and monitoring tools to ensure the safety and security of structures and their people.

Additionally, in the Americas, both government and private sectors are aggressively involved in large-scale infrastructure projects. For example, the Nevada Department of Transportation (NDOT) has constructed a 4-lane concrete interstate freeway between Silverline Road and Foothill Drive in Henderson. The government spent USD 83 million in this project. This is one of the many projects in the region. Such new infrastructure projects would upsurge the demand for geotechnical instrumentation and monitoring tools. Therefore, the rapid development of new infrastructures in the Americas is one of the major driving factors for the market growth in this region.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Growth Opportunities in Geotechnical Instrumentation & Monitoring Market
4.2 Geotechnical Instrumentation & Monitoring Market in Apac, by Offering
4.3 Geotechnical Instrumentation & Monitoring Market in Apac, by End User and Country
4.4 Geotechnical Instrumentation & Monitoring Market in Americas, by End User
4.5 Geotechnical Instrumentation & Monitoring Market, by Region

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Significant Rise in Infrastructure Investments Across Various Countries
5.2.1.2 Use of Geotechnical Instrumentation to Prevent Failure of Geotechnical Structures and Loss of Lives
5.2.1.3 Stringent Government Regulations to Make Structures More Sustainable and Safe
5.2.1.4 Growing Awareness About Benefits of GTIM Tools
5.2.2 Restraints
5.2.2.1 High Installation and Monitoring Costs
5.2.3 Opportunities
5.2.3.1 Opportunities in Apac and Gcc Countries
5.2.3.2 Investments in Oil & Gas and Major Energy Projects
5.2.4 Challenges
5.2.4.1 Lack of Skilled Labor/Operators for Installation and Calibration of Geotechnical Instruments
5.2.4.2 Technical Challenges and Operational Factors
5.2.4.3 Generation of Inaccurate Results Owing to Errors in Readings
5.2.4.4 Negative Impact of Covid-19 on Construction Engineering

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.2.1 Instrumentation and Hardware Manufacturers
6.2.1.1 Research and Development
6.2.1.2 Raw Material/Component Suppliers
6.2.1.3 Manufacturing and Assembly
6.2.1.4 Distributors
6.2.1.5 Post-Sales Services
6.2.2 Service Providers
6.2.3 End Users
6.3 Key Trends

7 GTIM Market, by Offering
7.1 Introduction
7.2 Hardware and Software
7.2.1 Hardware and Software Market in Apac is Growing at Highest Rate During Forecast Period
7.2.1.1 Sensors
7.2.1.2 Piezometers
7.2.1.3 Inclinometers
7.2.1.4 Extensometers
7.2.1.5 Data Acquisition Systems
7.2.1.6 Software
7.2.1.7 Others
7.3 Services
7.3.1 Americas Held Largest Share of GTIM Market for Services in 2019
7.4 Impact of Covid-19 on Offering

8 GTIM Market, by Networking Technology
8.1 Introduction
8.2 Wired Networking Technology
8.2.1 Wired Technology is Most Commonly Used Networking Technology in Geotechnical Instrumentation and Monitoring Applications
8.3 Wireless Technology
8.3.1 Wireless Instruments Have Great Potential to Expand Their Use in Geotechnical Engineering
8.4 Impact of Covid-19 on Networking Technology

9 GTIM Market, by Structure
9.1 Introduction
9.2 Tunnels and Bridges
9.2.1 Apac Has Started Using Geotechnical Monitoring Techniques to Almost Every Project
9.3 Buildings and Utilities
9.3.1 Need for Buildings and Utilities is Growing with Rapid Industrialization and Urbanization
9.4 Dams
9.4.1 Major Factor That Makes Apac Fastest-Growing Market is Government Mandates to Employ Geotechnical Instrumentation and Monitoring Instruments for Dams and Other Major Structures
9.5 Others
9.6 Impact of Covid-19 on Structure

10 Applications of GTIM Techniques
10.1 Introduction
10.2 Measurement of Pore Water Pressure
10.2.1 Prediction of Slope Stability
10.3 Measurement of Rock/Soil Stress
10.3.1 Soil Stability
10.3.2 Rock Stability
10.4 Monitoring of Lateral Deformation
10.5 Monitoring of Vertical Deformation

11 GTIM Market, by End User
11.1 Introduction
11.2 Buildings and Infrastructure
11.2.1 Countries Such As Us and Canada Are Increasingly Adopting Geotechnical Instrumentation and Monitoring Techniques to Ensure Safety and Security of Structures and People
11.3 Energy & Power
11.3.1 Market Growth in This Vertical is Driven by Nuclear Power, Geothermal Power, Hydroelectric Power, and Wind Power Projects Worldwide
11.4 Oil & Gas
11.4.1 in Oil & Gas Sector, Geotechnical Monitoring Plays Vital Role in Maintaining Safety of Structures
11.5 Mining
11.5.1 Geotechnical Monitoring Technique Helps Predict Alarming Situations to Protect Mines and Miners from Hazards
11.6 Impact of Covid-19 on End User

12 GTIM Market, by Region
12.1 Introduction
12.2 Americas
12.2.1 North America
12.2.2 South America
12.2.3 Impact of Covid-19 on America
12.3 Europe
12.3.1 UK
12.3.2 Germany
12.3.3 Netherlands
12.3.4 France
12.3.4.1 Involvement of France in Large Number of Infrastructure Projects Propels GTIM Market Growth
12.3.5 Italy
12.3.5.1 Italy is Expected to Witness Significantly High Growth Owing to Rise in Construction Projects
12.3.6 Rest of Europe
12.3.7 Impact of Covid-19 on Europe
12.4 Asia Pacific (Apac)
12.4.1 China
12.4.2 Japan
12.4.3 Australia
12.4.4 South Korea
12.4.5 India
12.4.6 Rest of Apac
12.4.7 Impact of Covid-19 on Apac
12.5 Rest of the World (Row)
12.5.1 Middle East
12.5.2 Africa
12.5.3 Impact of Covid-19 on Row

13 Competitive Landscape
13.1 Overview
13.2 Ranking Analysis of Key Players in GTIM Market
13.3 Competitive Situations and Trends
13.3.1 Product Launches
13.3.2 Contracts
13.3.3 Acquisitions
13.3.4 Partnerships, Joint Ventures, and Expansions
13.4 Competitive Leadership Mapping, 2019
13.4.1 Visionary Leaders
13.4.2 Dynamic Differentiators
13.4.3 Innovators
13.4.4 Emerging Companies

14 Company Profiles
14.1 Key Players
14.1.1 Fugro
14.1.2 Keller Group Plc.
14.1.3 Nova Metrix Llc
14.1.4 Geokon
14.1.5 Geocomp Corporation
14.1.6 Sisgeo S.R.L.
14.1.7 Cowi A/S
14.1.8 James Fisher and Sons Plc
14.1.9 Deep Excavation Llc.
14.1.10 Rst Instruments Ltd.
14.2 Right-To-Win
14.3 Other Ecosystem Players
14.3.1 Encardio-Rite Electronics Pvt. Ltd.
14.3.2 Geocisa
14.3.3 S.W.Cole Engineering, Inc.
14.3.4 Geosense
14.3.5 Roctest Ltd.
14.3.6 Geomotion Singapore
14.3.7 Eustis Engineering Llc.
14.3.8 Dst Consulting Engineers Inc.
14.3.9 Geosig Ltd.
14.3.10 Smart Structures (Radise International)
14.3.11 Amberg Technologies
14.3.12 Wood Plc
14.3.13 Progressive Machine Tools
14.3.14 Sixense Soldata
14.3.15 Terracon

15 Adjacent and Related Market
15.1 Introduction
15.2 Limitations
15.3 Structural Health Monitoring Market
15.3.1 Market Definition

16 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/3c7i0j

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