Geotechnical Instrumentation and Monitoring Market Report: Trends, Forecast and Competitive Analysis to 2030

Geotechnical Instrumentation and Monitoring Trends and Forecast

The future of the global geotechnical instrumentation and monitoring market looks promising with opportunities in the buildings and infrastructure, energy and power, oil and gas, and mining markets. The global geotechnical instrumentation and monitoring market is expected to reach an estimated $6.6 billion by 2030 with a CAGR of 8.7% from 2024 to 2030. The major drivers for this market are growing infrastructure investment in various countries, strict government regulations to make building structure safer and sustainable, and increasing awareness of various geotechnical instrumentation and monitoring tools.

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Geotechnical Instrumentation and Monitoring by Segment

The study includes a forecast for the global geotechnical instrumentation and monitoring by networking technology, offering, structure, end use industry, and region.

Geotechnical Instrumentation and Monitoring Market by Networking Technology [Shipment Analysis by Value from 2018 to 2030]:

• Wired
• Wireless

Geotechnical Instrumentation and Monitoring Market by Offering [Shipment Analysis by Value from 2018 to 2030]:

• Hardware & Software
• Services

Geotechnical Instrumentation and Monitoring Market by Structure [Shipment Analysis by Value from 2018 to 2030]:

• Tunnels and Bridges
• Buildings and Utilities
• Dams
• Others

Geotechnical Instrumentation and Monitoring Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Buildings and Infrastructure
• Energy and Power
• Oil and Gas
• Mining
• Others

Geotechnical Instrumentation and Monitoring Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Geotechnical Instrumentation and Monitoring Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies geotechnical instrumentation and monitoring companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the geotechnical instrumentation and monitoring companies profiled in this report include-

• Fugro
• Keller Group
• Nova Metrix
• Geocomp Corporation
• GEOKON
• Sisgeo
• RST Instruments
• James Fisher & Sons
• Deep Excavation
• COWI A/S

Geotechnical Instrumentation and Monitoring Market Insights

Lucintel forecasts that wired networking technology will remain the larger segment over the forecast period because of its various benefits, such as it provides high speed of operation, lower the attenuation of data, and offers high bandwidth.

North America will remain the largest region over the forecast period due to rising investments in the infrastructural projects in the region.

Features of the Global Geotechnical Instrumentation and Monitoring Market

Market Size Estimates: Geotechnical instrumentation and monitoring market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Geotechnical instrumentation and monitoring market size by various segments, such as by networking technology, offering, structure, end use industry, and region in terms of value ($B).

Regional Analysis: Geotechnical instrumentation and monitoring market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different networking technology, offering, structure, end use industry, and regions for the geotechnical instrumentation and monitoring market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the geotechnical instrumentation and monitoring market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the geotechnical instrumentation and monitoring market size?

Answer: The global geotechnical instrumentation and monitoring market is expected to reach an estimated $6.6 billion by 2030.

Q2. What is the growth forecast for geotechnical instrumentation and monitoring market?

Answer: The global geotechnical instrumentation and monitoring market is expected to grow with a CAGR of 8.7% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the geotechnical instrumentation and monitoring market?

Answer: The major drivers for this market are growing infrastructure investment in various countries, strict government regulations to make building structure safer and sustainable and increasing awareness of various geotechnical instrumentation and monitoring tools.

Q4. What are the major segments for geotechnical instrumentation and monitoring market?

Answer: The future of the geotechnical instrumentation and monitoring market looks promising with opportunities in the buildings and infrastructure, energy and power, oil and gas, and mining markets.

Q5. Who are the key geotechnical instrumentation and monitoring market companies?

Answer: Some of the key geotechnical instrumentation and monitoring companies are as follows:

• Fugro
• Keller Group
• Nova Metrix
• Geocomp Corporation
• GEOKON
• Sisgeo
• RST Instruments
• James Fisher & Sons
• Deep Excavation
• COWI A/S

Q6. Which geotechnical instrumentation and monitoring market segment will be the largest in future?

Answer: Lucintel forecasts that wired networking technology will remain the larger segment over the forecast period because of its various benefits, such as it provides high speed of operation, lower the attenuation of data, and offers high bandwidth.

Q7. In geotechnical instrumentation and monitoring market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to rising investments in the infrastructural projects in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the geotechnical instrumentation and monitoring market by networking technology (wired and wireless ), offering (hardware & software and services), structure (tunnels and bridges, buildings and utilities, dams, and others), end use industry (buildings and infrastructure, energy and power, oil and gas, mining, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?