Geotechnical Instrumentation and Monitoring Market by Offering , Technology , Structure, End user, & Region - Global Forecast to 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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Market covered under this report:

This research report categorizes the overall geotechnical instrumentation and monitoring market based on offering, networking technology, structure, end user, and region.

Geotechnical Instrumentation and Monitoring Market, By Offering

• Hardware & Software
• Services

Geotechnical Instrumentation and Monitoring Market, By Networking Technology

• Wired
• Wireless

Geotechnical Instrumentation and Monitoring Market, By Structure

• Tunnels & Bridges
• Buildings & Utilities
• Dams
• Others (Mining, Pipelines, and Landfills)

Geotechnical Instrumentation and Monitoring Market, By End User

• Buildings & Infrastructure
• Energy & Power
• Oil & Gas
• Mining

Geotechnical Instrumentation and Monitoring Market, By Region

• Americas
  • North America
    • U.S.
    • Canada and Mexico
  • Latin America
    • Brazil
    • Rest of Latin America (Argentina, Chile, and Peru, among others)
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Netherlands
  • Rest of Europe (Spain, Hungary, Greece, Belgium, and Russia, among others) 
  
  
• Asia-Pacific (APAC)
  • China
  • Japan
  • South Korea
  • Australia
  • Rest of APAC (India, Malaysia, Taiwan, Singapore, Thailand, Vietnam, and the Philippines, among others)
  • 
    
• Rest of the World (RoW)
  • Middle East
  • Africa

Among offerings, the service segment is projected to grow at the highest rate between 2017 and 2022. This is primarily due to the presence of a large number of companies offering geotechnical instrumentation and monitoring solutions and equipment for geotechnical projects. In addition, geotechnical instruments, once purchased, can be used in multiple projects or offered on rent, due to which the service segment has a larger market, and is expected to grow at the highest rate during the forecast period.

Among structures, the tunnels & bridges segment is estimated to be the fastest-growing segment in the geotechnical instrumentation and monitoring market during the forecast period. Tunnels and bridges enable people to travel from one place to other, hence, the construction of these structures has always been in demand and is expected to continue in future as well. In addition, the upcoming projects of metro lines and subways in different parts of the world act as a major driving factor for the market.

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).

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