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Geotechnical instrumentation and monitoring market projected to reach US$ 4.64 billion by 2022

Industrial Market Research

The geotechnical instrumentation and monitoring market is estimated to grow from USD 2.37 billion in 2016 to USD 4.64 billion by 2022, growing at a CAGR of 11.37% between 2017 and 2022. Growth of the geotechnical instrumentation and monitoring market can be attributed to the increasing infrastructural investment across various countries all over the world, catastrophic failure of structures resulting in loss of lives, stringent environmental regulations pertaining to the sustainability of structures

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To estimate the size of geotechnical instrumentation and monitoring market, the top players and their share in this market have been considered. This research study involves the extensive use of secondary sources, such as the American Society of Civil Engineers (ASCE), the British Geotechnical Association (BGA), the IEEE Standards Association, the Australian Geomechanics Society, the International Journal of Geotechnical Engineering, a study of annual and financial reports of top players, presentations, press releases, journals, paid databases, and interviews with industry experts.

Key Target Audience:

  • Video analytics software vendors
  • Video surveillance system providers
  • Internet Service Providers (ISPs)
  • Cloud Service Providers (CSPs)
  • Managed Service Providers (MSPs)
  • System integrators
  • Networking companies
  • Third-party providers
  • Value-Added Resellers (VARs)
  • Government agencies
  • Consultants/consultancies/advisory firms
  • Support and maintenance service providers
  • Technology providers

Geotechnical instrumentation and monitoring market, tunnels & bridges is the fastest-growing segment during the forecast period.

Bridges and tunnels are important infrastructures and contribute majorly to the growth of a region. Geotechnical monitoring in tunnels is important due to the increased risks of cave-ins.

Thus, it is necessary to monitor the safety of these structures with high precision.

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The geotechnical instrumentation and monitoring market based on offering is classified into hardware & software and services. The services market is projected to grow at the highest rate between 2017 and 2022.

The primary reason behind this growth is the demand for remote and real-time monitoring of critical structures, such as mines and tunnels & bridges.

Premium Insights

1 Attractive Market Opportunities in the Video Analytics Market

2 Market Share Across Various Regions

3 Market By Industry Vertical and Region

4 Lifecycle Analysis, By Region, 2017

The geotechnical instrumentation and monitoring market includes component manufacturers, such as Geokon, Incorporated (U.S.), Geotechnical Instrumentation (South Africa), RST Instruments Ltd. (Canada), and Nova Metrix LLC (U.S.); and service providers such as Fugro N.V.

(Netherlands), Geocomp Corp. (U.S.), Nova Metrix LLC (U.S.), Keller Group plc (U.K.), and COWI A/S (Denmark).

Access report at www.rnrmarketresearch.com/contacts…ount?rname=998867 .

The geotechnical instrumentation and monitoring market based on offering is classified into hardware & software and services. The services market is projected to grow at the highest rate between 2017 and 2022.

The primary reason behind this growth is the demand for remote and real-time monitoring of critical structures, such as mines and tunnels & bridges.

Key Benefits of Buying the Report:

  • This report includes market statistics pertaining to the offering, networking technology type, structure, end user, and region along with their respective revenues
  • The major drivers, restraints, challenges, and opportunities for the geotechnical instrumentation and monitoring market have been covered in this report
  • Illustrative segmentation, analysis, and forecast for the geotechnical instrumentation and monitoring market based on offering, networking technology type, structure type, end user type, and region have been conducted to provide an overall view of the geotechnical instrumentation and monitoring market
  • A detailed competitive landscape has been provided that includes key players, in-depth analysis, and revenues of key players
  • The available customizations for the report offer further country-wise segmentation of the geotechnical instrumentation and monitoring market in terms of value. Further breakdown of the industry could be provided along with the profiling of additional companies in the report.

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