NEW YORK, Nov. 22, 2022 /PRNewswire/ — The “Ground Penetrating Radar Market by Application and Geography – Forecast and Analysis 2022-2026” report has been added to Technavio’s offering. The report expects the market size to grow by USD 171.52 million, accelerating at a CAGR of 6.63% during the forecast period. Technavio categorizes the global ground penetrating radar (GPR) market as a part of the global industrial machinery market. The parent global industrial machinery market covers companies engaged in the manufacturing of industrial machinery and components covering presses, machine tools, compressors, pollution control equipment, escalators, insulators, pumps, roller bearings, and other metal fabrications. Technavio calculates the global industrial machinery market size based on combined revenue generated by manufacturers of machinery and components used in the industrial environment. Get more insights into the parent market. Download a Free PDF Report Sample
Technavio has announced its latest market research report titled Global Ground Penetrating Radar Market 2022-2026
Ground Penetrating Radar Market 2022-2026: Scope
To help businesses improve their market position, Technavio’s report provides a detailed analysis of around 25 vendors operating in the market. Market trends such as increased demand in the oil and gas industry is likely to emerge as one of the primary drivers of the market. However, factors such as the high initial cost of GPR products may threaten the growth of the market.
The report also covers the following areas:
Ground Penetrating Radar Market 2022-2026: Vendor Landscape
The global GPR market consists of global and regional market players such as Chemring Group, Geophysical Survey Systems, Inc., Ground Penetrating Radar Systems, LLC, and others, competing for market dominance through new innovative products. The vendors in the market are concentrating their efforts on extending their client base across all end-user industries. Strategic mergers and acquisitions to incorporate new technological capabilities are prominent in the market. The vendors operating in the market are leveraging on strategic collaborative initiatives to increase their market share and increase their profitability. The presence of well-established global players in the global GPR market increases the threat of rivalry among the existing players. Moreover, the low threat of new entrants further increased the intensity of competition in 2021. Hence, the threat of rivalry was high in 2021 and is expected to remain the same during the forecast period. Get a comprehensive analysis of the vendor landscape and make informed decisions. Buy Report!
Ground Penetrating Radar Market 2022-2026: Segmentation
Application
Transport and Road Inspection
Mining
Natural Hazard Monitoring
Others
By application, the transport and road inspection segment holds a major share of the global GPR market. This can be attributed to the extensive use of GPRs for monitoring roadway and bridge structural conditions effectively and efficiently and for early and accurate detection, localization, and assessment of damages or defects in pavements and bridge decks. GPR is one of the most preferred non-destructive technologies. GPR surveys in pavements (rigid or flexible) are widely used as a supplement to other methods for evaluating road and airport pavements. GPR pictures can be used in conjunction with falling weight deflectometer (FWD) testing to provide vital information about layer continuity and thickness. GPR inspection also enables the examination of the pavement layer’s state and the detection of faults, which is critical for the preservation and service life of the structure.
Geography
North America
Europe
APAC
Middle East and Africa
South America
38% of the market growth will come from North America during the forecast period. North America dominated the global GPR market in 2021. In North America, there has been a growth in demand for GPRs in recent years. The expansion of the construction industry, particularly the surge in real estate projects and the development of infrastructures such as roads and bridges, has fueled this demand. The GPR market in the region is further boosted by the demand for GPR in military applications. It is one of the technologies that the military can employ to identify mines laid on roads, which generally kill and severely injure innocent soldiers and civilians. The mining sector has already begun to adopt the technology, as it is quickly becoming an essential tool for planning mine excursions and explosions. GPR drone-integrated systems are also becoming more popular. These technologies are designed to provide a more efficient view of or inspection of subsurface infrastructure. All these factors will be a primary driving force for market expansion in North America during the forecast period. Discover potential segments and regions to invest in over the forecast period. Download a Free Sample Report
Ground Penetrating Radar Market 2022-2026: Key Highlights
CAGR of the market during the forecast period 2022-2026
Detailed information on factors that will assist ground penetrating radar market growth during the next five years
Estimation of the ground penetrating radar market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the ground penetrating radar market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of ground penetrating radar market vendors
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Ground Penetrating Radar Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6.63% |
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Market growth 2022-2026 |
USD 171.52 million |
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Market structure |
Fragmented |
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YoY growth (%) |
6.25 |
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Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
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Performing market contribution |
North America at 38% |
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Key consumer countries |
US, Canada, China, UK, and Germany |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Chemring Group Plc, Geophysical Survey Systems Inc., Geoscanners AB, Ground Penetrating Radar Systems LLC, Guideline Geo, Hilti Corp., IDS GeoRadar Srl, Japan Radio Co. Ltd., Leica Geosystems AG, OOO NPC GEOTECH, Penetradar Corp., Pipehawk Plc, Radiodetection Ltd., Sensors and Software Inc., US Radar Inc., and Utsi Electronics Ltd. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of contents:
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 09: Parent market
Exhibit 10: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 11: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 12: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
4.1 Five forces summary
Exhibit 17: Five forces analysis – Comparison between 2021 and 2026
4.2 Bargaining power of buyers
Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 23: Chart on Market condition – Five forces 2021 and 2026
5 Market Segmentation by Application
5.1 Market segments
Exhibit 24: Chart on Application – Market share 2021-2026 (%)
Exhibit 25: Data Table on Application – Market share 2021-2026 (%)
5.2 Comparison by Application
Exhibit 26: Chart on Comparison by Application
Exhibit 27: Data Table on Comparison by Application
5.3 Transport and road inspection – Market size and forecast 2021-2026
Exhibit 28: Chart on Transport and road inspection – Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on Transport and road inspection – Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on Transport and road inspection – Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Transport and road inspection – Year-over-year growth 2021-2026 (%)
5.4 Mining – Market size and forecast 2021-2026
Exhibit 32: Chart on Mining – Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Mining – Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Mining – Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Mining – Year-over-year growth 2021-2026 (%)
5.5 Natural hazard monitoring – Market size and forecast 2021-2026
Exhibit 36: Chart on Natural hazard monitoring – Market size and forecast 2021-2026 ($ million)
Exhibit 37: Data Table on Natural hazard monitoring – Market size and forecast 2021-2026 ($ million)
Exhibit 38: Chart on Natural hazard monitoring – Year-over-year growth 2021-2026 (%)
Exhibit 39: Data Table on Natural hazard monitoring – Year-over-year growth 2021-2026 (%)
5.6 Others – Market size and forecast 2021-2026
Exhibit 40: Chart on Others – Market size and forecast 2021-2026 ($ million)
Exhibit 41: Data Table on Others – Market size and forecast 2021-2026 ($ million)
Exhibit 42: Chart on Others – Year-over-year growth 2021-2026 (%)
Exhibit 43: Data Table on Others – Year-over-year growth 2021-2026 (%)
5.7 Market opportunity by Application
Exhibit 44: Market opportunity by Application ($ million)
6 Customer Landscape
6.1 Customer landscape overview
Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
7.1 Geographic segmentation
Exhibit 46: Chart on Market share by geography 2021-2026 (%)
Exhibit 47: Data Table on Market share by geography 2021-2026 (%)
7.2 Geographic comparison
Exhibit 48: Chart on Geographic comparison
Exhibit 49: Data Table on Geographic comparison
7.3 North America – Market size and forecast 2021-2026
Exhibit 50: Chart on North America – Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on North America – Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on North America – Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on North America – Year-over-year growth 2021-2026 (%)
7.4 Europe – Market size and forecast 2021-2026
Exhibit 54: Chart on Europe – Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on Europe – Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on Europe – Year-over-year growth 2021-2026 (%)
7.5 APAC – Market size and forecast 2021-2026
Exhibit 58: Chart on APAC – Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on APAC – Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on APAC – Year-over-year growth 2021-2026 (%)
7.6 Middle East and Africa – Market size and forecast 2021-2026
Exhibit 62: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
7.7 South America – Market size and forecast 2021-2026
Exhibit 66: Chart on South America – Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on South America – Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on South America – Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on South America – Year-over-year growth 2021-2026 (%)
7.8 US – Market size and forecast 2021-2026
Exhibit 70: Chart on US – Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on US – Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on US – Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on US – Year-over-year growth 2021-2026 (%)
7.9 China – Market size and forecast 2021-2026
Exhibit 74: Chart on China – Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on China – Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on China – Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on China – Year-over-year growth 2021-2026 (%)
7.10 Canada – Market size and forecast 2021-2026
Exhibit 78: Chart on Canada – Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on Canada – Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on Canada – Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on Canada – Year-over-year growth 2021-2026 (%)
7.11 UK – Market size and forecast 2021-2026
Exhibit 82: Chart on UK – Market size and forecast 2021-2026 ($ million)
Exhibit 83: Data Table on UK – Market size and forecast 2021-2026 ($ million)
Exhibit 84: Chart on UK – Year-over-year growth 2021-2026 (%)
Exhibit 85: Data Table on UK – Year-over-year growth 2021-2026 (%)
7.12 Germany – Market size and forecast 2021-2026
Exhibit 86: Chart on Germany – Market size and forecast 2021-2026 ($ million)
Exhibit 87: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
Exhibit 88: Chart on Germany – Year-over-year growth 2021-2026 (%)
Exhibit 89: Data Table on Germany – Year-over-year growth 2021-2026 (%)
7.13 Market opportunity by geography
Exhibit 90: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
8.1 Market drivers
8.2 Market challenges
8.3 Impact of drivers and challenges
Exhibit 91: Impact of drivers and challenges in 2021 and 2026
8.4 Market trends
9 Vendor Landscape
9.1 Overview
9.2 Vendor landscape
Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
9.3 Landscape disruption
Exhibit 93: Overview on factors of disruption
9.4 Industry risks
Exhibit 94: Impact of key risks on business
10 Vendor Analysis
10.1 Vendors covered
Exhibit 95: Vendors covered
10.2 Market positioning of vendors
Exhibit 96: Matrix on vendor position and classification
10.3 Chemring Group Plc
Exhibit 97: Chemring Group Plc – Overview
Exhibit 98: Chemring Group Plc – Business segments
Exhibit 99: Chemring Group Plc – Key news
Exhibit 100: Chemring Group Plc – Key offerings
Exhibit 101: Chemring Group Plc – Segment focus
10.4 Geophysical Survey Systems Inc.
Exhibit 102: Geophysical Survey Systems Inc. – Overview
Exhibit 103: Geophysical Survey Systems Inc. – Product / Service
Exhibit 104: Geophysical Survey Systems Inc. – Key offerings
10.5 Ground Penetrating Radar Systems LLC
Exhibit 105: Ground Penetrating Radar Systems LLC – Overview
Exhibit 106: Ground Penetrating Radar Systems LLC – Product / Service
Exhibit 107: Ground Penetrating Radar Systems LLC – Key offerings
10.6 Guideline Geo
Exhibit 108: Guideline Geo – Overview
Exhibit 109: Guideline Geo – Business segments
Exhibit 110: Guideline Geo – Key news
Exhibit 111: Guideline Geo – Key offerings
Exhibit 112: Guideline Geo – Segment focus
10.7 IDS GeoRadar Srl
Exhibit 113: IDS GeoRadar Srl – Overview
Exhibit 114: IDS GeoRadar Srl – Product / Service
Exhibit 115: IDS GeoRadar Srl – Key offerings
10.8 Japan Radio Co. Ltd.
Exhibit 116: Japan Radio Co. Ltd. – Overview
Exhibit 117: Japan Radio Co. Ltd. – Product / Service
Exhibit 118: Japan Radio Co. Ltd. – Key offerings
10.9 OOO NPC GEOTECH
Exhibit 119: OOO NPC GEOTECH – Overview
Exhibit 120: OOO NPC GEOTECH – Product / Service
Exhibit 121: OOO NPC GEOTECH – Key offerings
10.10 Radiodetection Ltd.
Exhibit 122: Radiodetection Ltd. – Overview
Exhibit 123: Radiodetection Ltd. – Product / Service
Exhibit 124: Radiodetection Ltd. – Key news
Exhibit 125: Radiodetection Ltd. – Key offerings
10.11 US Radar Inc.
Exhibit 126: US Radar Inc. – Overview
Exhibit 127: US Radar Inc. – Product / Service
Exhibit 128: US Radar Inc. – Key offerings
10.12 Utsi Electronics Ltd.
Exhibit 129: Utsi Electronics Ltd. – Overview
Exhibit 130: Utsi Electronics Ltd. – Product / Service
Exhibit 131: Utsi Electronics Ltd. – Key offerings
11 Appendix
11.1 Scope of the report
11.2 Inclusions and exclusions checklist
Exhibit 132: Inclusions checklist
Exhibit 133: Exclusions checklist
11.3 Currency conversion rates for US$
Exhibit 134: Currency conversion rates for US$
11.4 Research methodology
Exhibit 135: Research methodology
Exhibit 136: Validation techniques employed for market sizing
Exhibit 137: Information sources
11.5 List of abbreviations
Exhibit 138: List of abbreviations
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