Press release
Ground Penetrating Radar Market: The global market is expected to grow at a CAGR of 8.25% during the forecasted period
The Ground Penetrating Radar Market is primarily driven by the rising need for maintenance of aging infrastructure, which fuels the demand for ground-penetrating radars. Additionally, the increasing use of this technology for locating underground utilities like plastic ducts or concrete storm and sanitary sewers, as well as variations in dielectric properties in the subsurface, contributes to market growth. Moreover, in military applications, ground-penetrating radar is utilized for detecting unexploded artillery and tunnels, further propelling market development
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Key Highlights:
• The global Ground Penetrating Radar Market size was valued at USD 0.55 billion in 2022 growing at a CAGR of 8.25% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has just unveiled its latest market research report focusing on the Global Ground Penetrating Radar Market. This comprehensive report delves into various facets of the market, including market size and projections, market dynamics, competitor market share analysis, market value and volume, SWOT analysis, product comparisons, recent advancements by major players, and prospective opportunities. Furthermore, the market's evaluation in the dynamic chapter considers four key indicators: Drivers, Constraints, Emerging Trends, and Challenges..
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Key Players
Some of the major Ground Penetrating Radar Market players holding high market shares include IDS Georadar (Italy), Sensors & Software Inc (Canada), Guideline Geo (Sweden) and Chemring Group (UK). These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• IDS Georadar (Italy)
• Sensors & Software Inc (Canada)
• Guideline Geo (Sweden)
• Chemring Group (UK)
• Geophysical Survey Systems Inc (GSSI) (US)
• Ground Penetrating Radar Systems LLC (US).
Segmental Analysis
Market Segment By Type
• Handheld Systems
• Cart-Based Systems
• Vehicle-mounted Systems
Market Segment By Application
• Utility Detection
• Concrete Investigation
• Transportation Infrastructure
• Archaeology
• Geology & Environment
• Law Enforcement & Military
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Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)
Reasons to Buy this Report:
• Comprehensive insights.
• Reliable and accurate data.
• Market size and dataforecast
• Competitive analysis.
• Identification of market opportunities.
• Risk identification and mitigation strategies.
• SWOT analysis.
• TAM Analysis
• Recent industry developments.
• Customization options.
• Expertise and guidance for strategic decision-making
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Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
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