Geotechnical instrumentation and monitoring deals in instruments used to monitor geotechnical sites or projects. Geotechnical monitoring is crucial for the successful completion of infrastructural projects. The demand for geotechnical instrumentation and monitoring varies for critical projects, such as tunnels, bridges, dams, excavations, and slopes.
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.
The growth of the geotechnical instrumentation and monitoring market can be attributed to the awareness about the benefits of geotechnical instrumentation and monitoring and stringent government regulations for its implementation. The rising number of infrastructural projects across the globe is driving the market growth, as geotechnical instrumentation and monitoring is planned to be implemented in almost every critical structure to maintain safety regulations. Some of the driving factors in the geotechnical instrumentation and monitoring markets include 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, and increasing awareness and superior benefits of geotechnical instrumentation and monitoring.
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https://www.marketsandmarkets.com/Market-Reports/geotechnical-instrumentation-monitoring-market-221101423.html
Key players in 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).
Fugro is a leader in geotechnical instrumentation and monitoring applications and has an extensive array of services that are used in geotechnical monitoring applications across structures, such as bridges, dams, tunnels, and buildings. The company operates in more than 60 countries and is engaged in providing geotechnical, environmental, geological, and survey services for various structures. The services offered by Fugro include testing and monitoring, geoconsulting, and site investigation. In June 2016, Fugro signed a contract with the Ministry of Economic Affairs, Netherlands, to complete a geotechnical investigation at Hollandse Kust Zuid, a 356 km2 wind farm zone.
Keller Group plc is dedicated to providing services to the geotechnical instrumentation and monitoring market. The company is engaged in a broad range of geotechnical applications. Some of the services offered by the company include monitoring and analysis of deformation, vibration, dust and noise monitoring, excavation monitoring, and rail track monitoring. The company focuses on acquiring its competitors to grow in the market. For instance, it acquired Tecnogeo Group (Brazil) in 2016, and GeoConstruction Group (U.S.) in 2015. The company has attempted to provide sustainable alternatives through its geotechnical instrumentation and monitoring services.
About MarketsandMarkets™
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly singh
MarketsandMarkets™
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
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.
The growth of the geotechnical instrumentation and monitoring market can be attributed to the awareness about the benefits of geotechnical instrumentation and monitoring and stringent government regulations for its implementation. The rising number of infrastructural projects across the globe is driving the market growth, as geotechnical instrumentation and monitoring is planned to be implemented in almost every critical structure to maintain safety regulations. Some of the driving factors in the geotechnical instrumentation and monitoring markets include 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, and increasing awareness and superior benefits of geotechnical instrumentation and monitoring.
Know More@
https://www.marketsandmarkets.com/Market-Reports/geotechnical-instrumentation-monitoring-market-221101423.html
Key players in 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).
Fugro is a leader in geotechnical instrumentation and monitoring applications and has an extensive array of services that are used in geotechnical monitoring applications across structures, such as bridges, dams, tunnels, and buildings. The company operates in more than 60 countries and is engaged in providing geotechnical, environmental, geological, and survey services for various structures. The services offered by Fugro include testing and monitoring, geoconsulting, and site investigation. In June 2016, Fugro signed a contract with the Ministry of Economic Affairs, Netherlands, to complete a geotechnical investigation at Hollandse Kust Zuid, a 356 km2 wind farm zone.
Keller Group plc is dedicated to providing services to the geotechnical instrumentation and monitoring market. The company is engaged in a broad range of geotechnical applications. Some of the services offered by the company include monitoring and analysis of deformation, vibration, dust and noise monitoring, excavation monitoring, and rail track monitoring. The company focuses on acquiring its competitors to grow in the market. For instance, it acquired Tecnogeo Group (Brazil) in 2016, and GeoConstruction Group (U.S.) in 2015. The company has attempted to provide sustainable alternatives through its geotechnical instrumentation and monitoring services.
About MarketsandMarkets™
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly singh
MarketsandMarkets™
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
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