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Which applications are expected to drive the growth of ground penetrating radar (GPR) market in the next 5 years?

GPR can be used to locate metallic and nonmetallic pipes, power lines, conduit, water lines, re-bar and post-tension cables inside concrete structures. The primary benefit of GPR over other traditional technologies is that GPR provides better imaging for utility lines, regardless of their composition.

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Which applications are expected to drive the growth of ground penetrating radar (GPR) market in the next 5 years?

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  1. MarketsandMarkets Presents Which applications are expected to drive the growth of ground penetrating radar (GPR) market in the next 5 years? Ground Penetrating Radar Market by Product Type (Handheld, Cart-Based, and Vehicle-Mounted), Application (Utility Detection, Concrete Investigation, Transportation Infrastructure, and Archaeology), Offering, and Geography - Global Forecast to 2024 https://www.marketsandmarkets.com/Market-Reports/ground-penetrating-radar-market-74332617.html

  2. The ground penetrating radar market is expected to grow from USD 493 million by 2019 to USD 726 million by 2024 at a CAGR of 8.1% from 2019 to 2024. A few of the key factors driving the growth of this market are the safety- and protection-related concerns for underground utilities, advantages of GPR over other traditional technologies, and support offered by governments for implementation of GPRs. GPR can be used to locate metallic and nonmetallic pipes, power lines, conduit, water lines, re-bar and post-tension cables inside concrete structures. The primary benefit of GPR over other traditional technologies is that GPR provides better imaging for utility lines, regardless of their composition. Browse 63 market data Tables and 34 Figures spread through 130 Pages and in-depth TOC on "Ground Penetrating Radar Market - Global Forecast to 2024"

  3. The GPR market for vehicle-mounted GPR systems is expected to grow at the highest CAGR during the forecast period. Vehicle-mounted GPR systems consist of GPR equipment fit on vehicles such as trucks, cars, UAVs, tanks, and armoured vehicles. They are most commonly used for transportation infrastructure, and law enforcement and military applications, which are expected to witness high growth rates during the forecast period. Ask for PDF:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=74332617

  4. The GPR market for services is expected to grow at a higher CAGR during the forecast period. Factors such as the rise in the practice of procuring GPR systems on a rental basis owing to their high cost of ownership, continuous innovation in GPR, and imposed regulations and standards by the government for using a suitable detecting device before commencing digging, demolishing, or constructing any infrastructure contribute to the growth of the market for services. The GPR market for transportation infrastructure is expected to grow at the highest CAGR during the forecast period. This is attributed to the worldwide increase in a number of construction projects for bridges, roadways, railways, seaways, and dams. Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=74332617 The GPR market in APAC is expected to grow at the highest CAGR during the forecast period. This growth can be attributed to the rapid infrastructure building activities being undertaken in APAC, mainly in China, India, and Japan, where structural health monitoring paves the way for the modernization of infrastructure.

  5. The major opportunities for the growth of the market include high demand for real-time GPR services, and aging infrastructure and increasing maintenance requirements. The increasing need for real-time analysis of underground utilities, concrete structures, roads, and railway lines, among others, is one of the emerging concepts and new trends in the structural health monitoring market. Utility locating equipment and service providers have started using GPR devices, fleet telemetry systems, GPS devices, GIS data devices, and other similar sensors to collect location-based data of underground utilities. The aging infrastructure and increasing need for its maintenance in regions such as North America and Western Europe act as a major opportunity for the growth of the GPR market.

  6. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of markets.

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