Geotechnical Instrumentation and Monitoring Market Outlook: worth 4.64 Billion USD by 2022

The geotechnical instrumentation and monitoring market is estimated to grow at a CAGR of 11.37% from 2017 to 2022 to reach USD 4.64 Billion by 2022. This report provides a detailed analysis of geotechnical instrumentation and monitoring market based on offering, network technology, structure, end user, and region. The service segment, among offerings, is projected to grow at the highest CAGR between 2017 and 2022.

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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.

The Americas is estimated to have the largest share of the geotechnical instrumentation and monitoring market by 2022. The major reason for this large market share is the high number of projects that are implementing geotechnical instrumentation and monitoring solutions in the region. The Americas has always been the leader in implementing this technology and is very particular about the safety of its structures.

Major players in the geotechnical instrumentation and monitoring market are Fugro N.V. (Netherlands), Keller Group plc (U.K.), Geokon, Incorporated (U.S.), Durham Geo Slope Indicator, Inc. (U.S.), Nova Metrix LLC (U.S.), Geocomp Corporation (U.S.), and Sisgeo Srl (Italy).

The research methodology is explained below:

• Analyzing the overall size of the individual markets through percentage splits with the help of primary and secondary research
• Analyzing the market segments and subsegments
• Analyzing the supply and demand sides of the geotechnical instrumentation and monitoring ecosystem
• Analyzing the market trends in various regions and countries, supported by the ongoing research and development (R&D) in these regions
• Finalizing the overall market sizes by triangulation with supply-side data, which includes product developments, supply chain, and estimated sales of the geotechnical instrumentation and monitoring market

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