Press release
Global Geotechnical Instrumentation & Monitoring Market Register Fastest Growth CAGR of 11.4% 2017 to 2024
Global Geotechnical Instrumentation & Monitoring Market, By Geography; Offering (Hardware, Software, Services); Structure (Tunnels Bridges, Buildings Utilities, Dams); Technology (Wired Networking Technology, Wireless Technology); Application (Pore Water Pressure, Soil Stresses, Lateral Deformation, Vertical Deformation), End-Users (Building, Infrastructure, Energy, Power, Oil, Gas, Mining) – Industry Trends and Forecast to 2024This report consists of below pages:
• No of pages : 350
• No of Figures: 60
• No of Tables: 220
The Global Geotechnical Instrumentation & Monitoring Market accounted for USD 2.25 billion in 2016 growing at a CAGR of 11.4% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Major market drivers: Global Geotechnical Instrumentation & Monitoring Market
• Increasing rate of disastrous failure of the geotechnical structures
• Increasing awareness and superior benefits of GTIM
• Increasing infrastructural investment across various countries all over the world
• Rigid environmental regulations pertaining to the sustainability of structures
• Errors in readings lead to inaccurate results
• High cost involved in the installation and monitoring
Global Geotechnical Instrumentation & Monitoring Market is segmented on the basis of Offering, Structure, Technology, Application, End-Users and Geography.
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On the basis of structure tunnels and bridges, buildings and utilities, dams, and other structures.
On basis of application, the geotechnical instrumentation & monitoring market is also segmented into pore water pressure, soil stresses, lateral deformation, and vertical deformation.
On the basis of networking technology the global geotechnical instrumentation & monitoring market is further segmented into wired networking technology, and wireless technology.
On the basis of end-user, the geotechnical instrumentation & monitoring market is further segmented into building and infrastructure, energy and power, oil and gas, mining, and others.
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On the basis of geography, global geotechnical instrumentation & monitoring market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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The Global Geotechnical Instrumentation & Monitoring Market Report include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
Some of the major players operating in this market are
Some of the major players of the global geotechnical instrumentation & monitoring market are Cowi A/S, Deep Excavation LLC, DST Consulting Engineers Inc., Eustis Engineering LLC., Fugro, Geocomp Corporation, Geokon Incorporated, Geomotion Singapore, Geosig Ltd, James Fisher and Sons plc, Keller Group plc, Nova Metrix LLC, RST Instruments Ltd., SISGEO S.R.L., Smart Structures, Geotechnical Instrumentation, Durham Geo Slope Indicator, Inc., and others.
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