The Global Geotechnical Instrumentation and Monitoring Market is Expected to Grow at a CAGR of 9% by 2026

According to a market report by Lucintel, the future of the geotechnical instrumentation and monitoring market looks promising with opportunities in the building and infrastructure, energy and power, oil and gas, and mining industries. The global geotechnical instrumentation and monitoring market is expected to grow with a CAGR of 9% from 2021 to 2026. The major drivers for this market are growing infrastructure investment in various countries, strict government regulations to make building structure safer and sustainable, and increasing awareness of various geotechnical instrumentation and monitoring tools.

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Wired and wireless networking technologies are used in the geotechnical instrumentation and monitoring technology market. Wired networking technology will remain the largest segment due to its various benefits, such as it provides high speed of operation, lower the attenuation of data, and offers high bandwidth.

Within the geotechnical instrumentation and monitoring market, buildings and infrastructure will remain the largest end use industry during the forecast period due to increasing awareness of the advantages of geotechnical instrumentation and monitoring technique.

North America will remain the largest region during the forecast period due to rising investments in the infrastructural projects in the region.

Fugro, Keller Group, Nova Metrix, Geocomp Corporation, GEOKON, Sisgeo S.r.l, RST Instruments, James Fisher & Sons, Deep Excavation, and COWI A/S are among the major geotechnical instrumentation and monitoring manufacturers.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global geotechnical instrumentation and monitoring market by offering, networking technology, structure, end use industry, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Geotechnical Instrumentation and Monitoring Market 2021-2026: Market Size, Trends and Growth Analysis”.  This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global geotechnical instrumentation and monitoring market by offering, networking technology, structure, end use industry, and region as follows:

By Offering [$M shipment analysis for 2015–2026]:

Hardware & Software

Services

By Networking Technology [$M shipment analysis for 2015–2026]:

Wired

Wireless

 

By Structure [$M shipment analysis for 2015–2026]:

Tunnels and Bridges

Buildings and Utilities

Dams

Others

 

By End Use Industry [$M shipment analysis for 2015–2026]:

Buildings and Infrastructure

Energy and Power

Oil and Gas

Mining

Others

 

By Region [$M shipment analysis for 2015–2026]:

North America

United States

Canada

Mexico

 

Europe

Germany

United Kingdom

France

Italy

 

Asia Pacific

China

Japan

India

South Korea

 

The Rest of the World

This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.

 

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. We offer market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due Diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.