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

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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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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. – PowerPoint PPT presentation

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


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.m
arketsandmarkets.com/Market-Reports/ground-penetra
ting-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.markets
andmarkets.com/pdfdownloadNew.asp?id74332617
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/requestsa
mpleNew.asp?id74332617 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.
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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
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7
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