Press release
Geotechnical & Structural Monitoring Devices Market Rewriting Long Term Growth Story: Geosense, Keller Group, GEO-Instruments
Geotechnical & Structural Monitoring Devices
Geotechnical & structural monitoring devices are used to observe and measure various physical parameters of structures and geotechnical assets like bridges, dams, tunnels, buildings, and slopes. These devices help in ensuring structural safety by detecting early signs of stress, movement, or potential failure in critical infrastructure.
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Key and developing players who have been highlighted as part of the coverage include Geosense (United Kingdom), Keller Group plc (United Kingdom), GEO-Instruments (United States), RST Instruments Ltd. (Canada), Sisgeo S.r.l. (Italy), Rocscience Inc. (Canada), Vinci Technology (France), GeoMonitoring (United States), Chamberlain plc (United Kingdom), GEO-Tech Solutions (United States).
Geotechnical & Structural Monitoring Devices
Market Drivers
• Increasing infrastructure development
• Growing awareness about safety and risk management
Market Trend
• Increasing use of wireless and IoT-based monitoring solutions for real-time data acquisition.
Market Opportunities
• Expansion in emerging economies
• Integration with IoT and big data analytics
• Development of remote monitoring solutions
Market Restraints
• High cost of installation and maintenance of monitoring devices.
Market Challenges
• High costs of installation and maintenance
• Data interpretation complexities
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Key Market Segmentation:
The report has categorized the Geotechnical & Structural Monitoring Devices market based on type, distribution channel, and region.
Market Breakdown by Applications:
• Strain Gauges, Load Cells, Inclinometers, Piezometers, Settlement Sensors, Tilt Sensors, Temperature Sensors, Displacement Sensors
Market Breakdown by Types:
• Civil Engineering, Mining, Transportation Infrastructure, Environmental Monitoring, Oil and Gas, Dams and Levees
Report Scope
The Market size value in 2024 (USD 6.2 Billion) Revenue Forecast by 2033 (USD 13.9 Billion)
Growth Rate CAGR Of (10%) Historical Years (2019-2023)
Base Year (2023)
Estimated Year (2024)
Short-Term Projection Year (2030)
Regions Covered (North America, Europe, the Middle East and Africa, Latin America, and the rest of the world)
Note: With the help of the Growth Overview Charts, Historical Period Analysis, Forecast Period Analysis, Main Market Segmentation, Leading Key Market Players, TOC, List of Figures, and List of Tables in this report, you can get a thorough overview of the market.
Competitive Landscape:
Along with studying the profiles of the key players, the industry's competitive environment has also been examined. Players profiled are Geosense (United Kingdom), Keller Group plc (United Kingdom), GEO-Instruments (United States), RST Instruments Ltd. (Canada), Sisgeo S.r.l. (Italy), Rocscience Inc. (Canada), Vinci Technology (France), GeoMonitoring (United States), Chamberlain plc (United Kingdom), GEO-Tech Solutions (United States)
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Key highlights of the report:
• Geotechnical & Structural Monitoring Devices Market Performance (2019-2023)
• Geotechnical & Structural Monitoring Devices Market Outlook (2024-2030)
• Geotechnical & Structural Monitoring Devices Market Trends
• Geotechnical & Structural Monitoring Devices Market Drivers and Success Factors
• SWOT Analysis
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
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We will supply any particular information you need as part of the modification if it falls outside the present purview of the report.
Nidhi Bhawsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketintelligence.com
About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.
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