Geotechnical Instrumentation and Monitoring Market to Reach $4.6 Billion by 2022 - Key Vendors are Fugro, Keller Group, Geokon, Durham Geo Slope Indicator, Nova Metrix, Geocomp Corporation & Sisgeo - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Geotechnical Instrumentation and Monitoring Market - Global Forecast to 2022" report to their offering.

The geotechnical instrumentation and monitoring market is estimated to grow from USD 2.37 billion in 2016 to USD 4.64 billion by 2022, growing at a CAGR of 11.37% between 2017 and 2022.

Growth of the geotechnical instrumentation and monitoring market can be attributed to the increasing infrastructural investment across various countries all over the world, catastrophic failure of structures resulting in loss of lives, stringent environmental regulations pertaining to the sustainability of structures, and increasing awareness and superior benefits of geotechnical instrumentation and monitoring. However, the high installation cost, along with the slow adoption rate in emerging economies is restraining the market growth.

Among offerings, the service segment is projected to dominate the geotechnical instrumentation and monitoring market during the forecast period. The presence of a large number of companies offering geotechnical instrumentation and monitoring solutions and equipment is the major reason for this growth. In addition, geotechnical instruments, once purchased, can be used in multiple projects or offered on rent, due to which the service segment has a larger market, and is also estimated to grow at a higher rate during the forecast period.

Companies Mentioned

  • 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

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 GTIM Market, By Offering

7 GTIM Market, By Networking Technology

8 GTIM Market, By Structure

9 Application Areas of GTIM Technique

10 GTIM Market, By End User

11 Geographic Analysis

12 Competitive Landscape

13 Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/xsdl67/geotechnical

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Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T. Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716