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Geotechnical Instrumentation And Monitoring Market Report 2023 : Size, Share, Analysis, Top Leaders, Industry Overview 2032 | Geocomp, Geosig, Fugro, Keller, Nova Metrix
Geotechnical Instrumentation And Monitoring Market Growth
As per the geotechnical instrumentation and monitoring market report by The Business Research Company, A rise in infrastructure investments across various countries is expected to propel the growth of the geotechnical instrumentation and monitoring market going forward. Infrastructure refers to physical structures such as bridges, highways, roads, and sewage systems. Geotechnical instruments help in monitoring the structure and process of an infrastructure, which is done during the construction activity. These help in detecting faults in construction and reduce the risk.
The global geotechnical instrumentation and monitoring market size grew from $3.55 billion in 2022 to $4.01 billion in 2023 at a compound annual growth rate (CAGR) of 13.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The geotechnical instrumentation and monitoring market size is expected to grow to $6.11 billion in 2027 at a CAGR of 11.1%.
Read More On The Geotechnical Instrumentation And Monitoring Market Report Here:
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Major competitors in the Geotechnical Instrumentation And Monitoring market include Geomotion Singapore, Geocomp, Durham Geo, Geosig, RST Instruments Ltd., Fugro, Keller, Nova Metrix, Geokon, Sisgeo, Cowi, James Fisher And Sons, Smart Structures, RST Instruments, and Eustis Engineering.
The Geotechnical Instrumentation And Monitoring market is segmented -
By Component: Hardware, Software, Services
By Technology: Wired Networking, Wireless Networking
By Structure: Tunnels and Bridges, Buildings and Utilities, Dams, Other Structures
By End User: Energy and Power, Buildings and Infrastructure, Mining, Agriculture, Oil and gas, Others End Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Geotechnical Instrumentation And Monitoring market.
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The geotechnical instrumentation and monitoring are used to monitor geotechnical structures and the environment. Geotechnical instrumentation and monitoring are used to monitor pressure or stress on retaining walls, concrete structures, embankments, tunnel linings, and buildings. This market includes strain gauges, survey markers, load cells, and piezometers.
The Table Of Content For The Geotechnical Instrumentation And Monitoring Market Include:
1. Executive Summary
2. Geotechnical Instrumentation And Monitoring Market Characteristics
3. Geotechnical Instrumentation And Monitoring Market Trends And Strategies
4. Geotechnical Instrumentation And Monitoring Market - Macro Economic Scenario
5. Geotechnical Instrumentation And Monitoring Market Size And Growth
……
26. Africa Geotechnical Instrumentation And Monitoring Market
27. Geotechnical Instrumentation And Monitoring Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Geotechnical Instrumentation And Monitoring Market
29. Geotechnical Instrumentation And Monitoring Market Future Outlook and Potential Analysis
30. Appendix
The "Global Geotechnical Instrumentation And Monitoring Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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