A recent report published by Infinium Global Research on geotechnical instrumentation and monitoring market provides in depth analysis of segments and sub-segments in global as well as regional markets of geotechnical instrumentation and monitoring market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional markets of geotechnical instrumentation and monitoring over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global geotechnical instrumentation and monitoring market. According to report the global geotechnical instrumentation and monitoring market is projected to grow at a CAGR of 10.3% over the forecast period of 2018 - 2024.
Increase in number of construction and engineering projects is the major factor estimated to be the rising demand for the geotechnical instrumentation and monitoring market. Additionally, increased construction is anticipated to drive the need of maintaining safety standards which can be further appropriately used for the geotechnical instruments.
The report on global geotechnical instrumentation and monitoring market covers segments such as structure, networking technology, offering and application. The structure segments include tunnels & bridges, buildings & utilities, dams and others. On the basis of networking technology the global geotechnical instrumentation and monitoring market is categorized into wired, wireless. Furthermore, on the basis of offering the geotechnical instrumentation and monitoring market is segmented as hardware & software and services. On the basis of application the geotechnical instrumentation and monitoring market is segmented as buildings & infrastructure, energy & power, oil & gas and mining.
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2016 – 2024. The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia and among others. Moreover, European region covers countries such as Germany, UK, France, Spain, and rest of Europe. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2018 - 2024.
The report provides profiles of the companies in the global geotechnical instrumentation and monitoring market such as, Nova Metrix LLC, James Fisher and Sons PLC, Geokon, Incorporated, RST Instruments Ltd., Geocomp Corporation, Fugro, Geomotion Singapore, Keller Group PLC, Deep Excavation LLC., and SISGEO S.R.L.
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