According to a market report by Lucintel, the future of the global rockfall radar market looks promising with opportunities in the highway, railway, and mines markets. The global rockfall radar market is expected to reach an estimated $1 billion by 2030 at a CAGR of 9.1% from 2024 to 2030. The major drivers for this market are mines and on the highways, substantial rise in the global occurrence of rockfall disasters, and increasing interest in rockfall radar systems by the mining industry’s needs.
A more than 150-page report to
understand trends, opportunity and
forecast in global rockfall radar market to 2030 by offering (cloud and on-premises),
application (highways, railways, mines, and others), and region (North America,
Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that cloud will remain the faster growing segment over the forecast
period because it provides real-time rockfall alerts in real-time, while
simultaneously archiving comprehensive hazard data within a cloud-based
statistical database.
Within this
market, highways will remain the fastest growing segment over the forecast
period because the rock slopes along highways exhibit heightened instability,
making them susceptible to landslides that adversely affect both the
transportation network and the safety of highway users which led to demand of
these radars.
Download
sample by clicking on rockfall radar
market.
Europe
will remain the largest region over the forecast period due to frequent
occurrence of rockfall incidents, coupled with the presence of key stakeholders
in the area.
Tre
Altamira, Hexagon, Canary Systems, Geobrugg, Geomotion Australia, Groundprobe,
Skygeo, Terrasigna are the major suppliers in the rockfall radar market.
This unique 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 write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
Explore Our Latest
Publications
Automotive Parking Assistance
System Market
No comments:
Post a Comment