Title: Geotechnical Instrumentation and Monitoring Market Growth Analysis, Trends and Forecast 2026
1MarketsandMarkets Presents
The Global Geotechnical Instrumentation and
Monitoring Market is expected to reach USD 5.1
billion by 2026 from USD 3.2 billion in 2021, at
a CAGR of 9.6 during the 2021-2026 period. The
rapid growth of the Global Geotechnical
Instrumentation and Monitoring Market is
attributed to some of the driving factors such as
rising infrastructure investments, increasing
adoption of geotechnical instruments to prevent
structural failures, government regulations for
sustainable structures, and growing awareness
about the benefits of instrumentation and
monitoring tools.
2MarketsandMarkets Presents
Geotechnical Instrumentation and Monitoring
Services to hold the largest market share during
the forecast period The number of market players
offering geotechnical instrumentation and
monitoring services is more than the companies
offering instruments and software. Different
types of instruments needed for geotechnical
monitoring include inclinometers, piezometers,
extensometers, and sensors among others. The data
collected from these instruments is provided to
the software for analysis. These solutions help
to identify structural damages at an early stage
and enable a high degree of structural safety.
3MarketsandMarkets Presents
Geotechnical Instrumentation and Monitoring
Services to hold the largest market share during
the forecast period Though the hardware and
software solutions can be reused after purchase,
many companies that purchase these solutions rent
them to other companies, which is considered as a
service, making the services segment accounting
for a larger market share than the hardware
software segment. Download PDF Sample _at_
https//www.marketsandmarkets.com/pdfdownloadNew.a
sp?id221101423
4MarketsandMarkets Presents
Wireless networking technology to register the
highest growth in the Geotechnical
Instrumentation and Monitoring Market during the
period 2021 and 2026 Technological advancements
related to wireless technology have led to the
development of products to which conventional
instruments such as strain gauges, piezometers,
inclinometers, linear voltage displacement
transducers, and accelerometers can be attached
for centralized data collection and analysis. The
growing demand for wireless networking
technologies for geotechnical instrumentation and
monitoring is a major factor contributing to the
high market growth for wireless networking
technology.
5MarketsandMarkets Presents
Asia Pacific to register the highest growth in
the Geotechnical Instrumentation and Monitoring
Market during the forecast period Asia Pacific
is expected to register the highest growth in the
geotechnical instrumentation and monitoring
market during the forecast period. The major
factors driving market growth include the
increasing investments related to infrastructure
and directives by governments for the compulsory
use of geotechnical instrumentation and
monitoring for various structures. The growing
population in many Asia Pacific countries has led
to rapid urbanization which has led to the
commencement of several infrastructure projects,
thereby, driving the market growth.
6MarketsandMarkets Presents
Key Players The report profiles key players such
as Fugro (Netherlands), Keller Group (UK), Nova
Metrix LLC (US), Geokon (US), Geocomp Corporation
(US), Sisgeo S.r.l. (Italy), COWI A/S (Denmark),
James Fisher and Sons (UK), Deep Excavation LLC
(US), and RST Instruments (Canada). Browse For
More Details - https//www.marketsandmarkets.com/M
arket-Reports/geotechnical-instrumentation-monitor
ing-market-221101423.html
7MarketsandMarkets Presents
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. MarketsandMarketss 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 niche markets.
8MarketsandMarkets Presents
Contact Mr. Aashish Mehra MarketsandMarkets
INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 Email
sales_at_marketsandmarkets.com Visit Our Website
https//www.marketsandmarkets.com Content
Source https//www.marketsandmarkets.com/PressRel
eases/geotechnical-instrumentation-monitoring.asp