Ground Penetrating Radar Market Industry Innovative Growth With Swot Analysis And Forecast-2028 | IDS Georadar, Sensors & Software Inc., Guideline Geo

A recent report published by QMI on ground penetrating radar market is a detailed assessment of the most important market dynamics. After carrying out a thorough research of ground penetrating radar market historical as well as current growth parameters, business expectations for growth are obtained with utmost precision. The study identifies specific and important factors affecting the market for ground penetrating radar during the forecast period. It can enable manufacturers of ground penetrating radar to change their production and marketing strategies in order to envisage maximum growth.


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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. IDS Georadar
2. Sensors & Software Inc.
3. Guideline Geo
4. Chemring Group
5. Leica Geosystems AG
6. Radiodetection
7. Penetradar Corp.
8. Utsi Electronics Ltd.
9. Hilti
10. and Geoscanners

According to the report, the ground penetrating radar market is expected to promise high growth owing to the increasing number of mining projects in recent years. Increasing demand from applications including concrete investigation, utility detection, archaeology, transportation infrastructure is expected to drive the growth of ground-penetrating radar market.

Segmentation for better understanding of this market and its growth prospects :
The ground-penetrating radar market has been segmented based on the product type and the application.

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Based on product type, the segmentation is Handheld, Vehicle Mounted, and Cart Based. The cart-based GPR systems allow the enhancement of the system by the addition of more antennas, display units. These are also highly reliable and can be used for data collection in any environment.

Based on the application, the division is a concrete investigation, utility detection, archaeology, and transportation infrastructure. Among these, the transportation infrastructure and the utility detection segment are the leading segments.

Factors that will have a significant impact on the market growth are:
o An increasing number of mining projects
o A rising inclination for the utilization of real-time mapping applications

Important Developments:
o In August 2018, The US Army contracted Chemring Group to manufacture explosive detection systems that include GPR for battlefield purposes
o In May 2018, Sensors & Software Inc. (Canada) revealed the newest version of their ultra receiver, pulseEKKO, that is compatible with their low-frequency pulseEKKO PRO and 100 transmitters, that will enhance the data acquisition process.

Insights about the regional distribution of market:
The market has been segmented in major regions to understand the global development and demand patterns of this market.

For ground penetrating radar market, the segments by region are for North America, Asia Pacific, Western Europe, Eastern Europe, Middle East, and Rest of the World. During the forecast period, North America, Asia Pacific, and Western Europe are expected to be major regions on the ground penetrating radar market.

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North America and Western Europe have been one of the key regions with technological advancements in ICT, electronics & semiconductor sector. Factors like the use of advanced technology and the presence of global companies to cater to the potential end-users are favorable for the growth of the ground penetrating radar market. Also, most of the leading companies have headquarters in these regions. The North America region holds the largest share for this market. There many regulations provided by the government in favor of the subsurface investigations by GPR. A majority of the regulatory bodies also rely on GPR for evaluations such as the American Concrete Institute (ACI) that uses GPR to evaluate concrete.

The Asia Pacific is estimated to be one of the fastest-growing markets for ground penetrating radar market. Major countries in the Asia Pacific region are China, Japan, South Korea, India, and Australia. These economies in the APAC region are major contributors in the ICT, electronics & semiconductor sector. In addition to this, government initiatives to promote technological advancement in this region are also one of the key factors to the growth of the ground penetrating radar market. The Middle East and Rest of the World are estimated to be emerging regions for ground penetrating radar market.

Market Segmentation:
By Product Type:
o Handheld
o Vehicle Mounted
o Cart Based
By Application:
o Concrete Investigation
o Utility Detection
o Archaeology
o Transportation Infrastructure
By Region:
o North America
o By Country (US, Canada, Mexico)
o By Product type
o By Application
o Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Product type
o By Application
o Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Product type
o By Application
o Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Product type
o By Application
o Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Product type
o By Application
o Rest of the World
o By Region (South America, Africa)
o By Product type
o By Application

Reasons To Buy This Report:
o Market size estimation of the global Ground Penetrating Radar Market on a regional and global basis
o The unique research design for market size estimation and forecast
o Profiling of major companies operating in the market with key developments
o Broad scope to cover all the possible segments helping every stakeholder in the market

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This release was published on openPR.