Press release
Ground Penetrating Radar (GPR) Market: Competitive Dynamics & Global Outlook 2023
Ground-penetrating radar (GPR) is a geophysical method that uses radar pulses to image the subsurface. This nondestructive method uses electromagnetic radiation in the microwave band (UHF/VHF frequencies) of the radio spectrum, and detects the reflected signals from subsurface structures. GPR can have applications in a variety of media, including rock, soil, ice, fresh water, pavements and structures. In the right conditions, practitioners can use GPR to detect subsurface objects, changes in material properties, and voids and cracks.
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Global Ground Penetrating Radar (GPR) Market: Forecast by Type / Application / Region
Ground Penetrating Radar (GPR) is a technology-intensive industry. There are many barriers for entering into this industry, like brand loyalty, value chain barrier, etc. New entrants face the difficulty of establishing a distribution network, cultivating relationships with quality supplier and other problems associated with creating a network. It may take several years to fully establish a chain of supplier and distributors.
At present, in developed countries, the GPR industry is generally at a more advanced level. The world's large enterprises are mainly concentrated in USA and Europe. Meanwhile, foreign companies have more advanced equipment, strong R & D capability, and leading technical level. However, foreign companies’ manufacturing cost is relatively higher, compared with Chinese companies. With the development of Chinese GPR production technology, their share in the international market is increasing, and competitiveness in the international market gradually increases.
This industry is relative concentration in the world, and high-end products mainly come from Europe and United States.
Over the next five years, LPI(LP Information) projects that Ground Penetrating Radar (GPR) will register a 7.9% CAGR in terms of revenue, reach US$ 210 million by 2023, from US$ 150 million in 2017.
Global Ground Penetrating Radar (GPR) Market: Key Players
GSSI
MALA
IDS GeoRadar
GEOTECH
SSI
US Radar
Utsi Electronics
Chemring Group
Radiodetection
Japan Radio Co
ChinaGPR
Kedian Reed
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Related Information:
United States Ground Penetrating Radar (GPR) Market Research Report 2018
Europe Ground Penetrating Radar (GPR) Market Research Report 2018
North America Ground Penetrating Radar (GPR) Market Research Report 2018
Asia-Pacific Ground Penetrating Radar (GPR) Market Research Report 2018
China Ground Penetrating Radar (GPR) Market Research Report 2018
EMEA Ground Penetrating Radar (GPR) Market Research Report 2018
Global Ground Penetrating Radar (GPR) Market Research Report 2018
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