Geotechnical Instrumentation and Monitoring Market To See Huge Growth By 2022-2028 | James Fisher and Sons, Geokon Incorporated, Sisgeo SRL, Systel India and S.W. Cole.
Pune, Maharashtra -- (SBWIRE) -- 10/11/2022 -- "Geotechnical Instrumentation And Monitoring Market Size, Share & Segment By Offering (Hardware, Software, Services) By Structure (Bridges, Buildings, Dams, Tunnels, Utilities, Others) By Networking Technology (Wireless, Wired) By End User (Energy & Power, Buildings & Infrastructure, Oil & Gas, Mining), By Regions And Global Forecast 2022-2028"
Market Overview, Definition, and Statistics
According to the recent market research report by SNS Insider, the geotechnical instrumentation and monitoring market is anticipated to cross USD 6.2 billion by 2028, with a CAGR of 9.5% over the forecast period of 2022–2028.
Engineers and construction workers can receive assistance from geotechnical instrumentation by receiving data at every stage of a specific project. Increasing infrastructure expenditure and the development of geotechnical instrumentation to reduce geotechnical structure failure are two other market growth drivers. Because 3D printing is a relatively new concept, manufacturers of geotechnical instrumentation would strive to be more compatible with them and develop solutions that were specifically designed for them. This would open up new growth opportunities for the geotechnical instrument market during the forecast period.
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Drivers, Restraints, Opportunities and Challenges
Governments and corporate players are making significant expenditures to deploy geotechnical instrumentation and monitor the market during the projection period to ensure safe and efficient projects. Additionally, one of the main reasons of building collisions is the incredibly little study of the terrain. Some of the key factors propelling the growth of the geotechnical instrumentation and monitoring market include rising infrastructure investments; increasing adoption of geotechnical instruments to prevent structural failures, government regulations for sustainable structures, and growing awareness of the advantages of instrumentation and monitoring tools. High installation and maintenance expenses, however, are anticipated to impede market expansion.
Impact of the COVID-19 Pandemic
COVID-19 has caused a serious problem worldwide with multiple fatalities. Lockdowns were implemented in various places, which caused supply chain delays. However, since lockdowns were lifted in many places in the third quarter of 2020, the market has been steadily recovering. Numerous infrastructure projects have been restarted, and as the quantity of new infrastructure projects rises, the market players will have more prospects for growth.
Market Segmentation
BY OFFERING
1.Hardware
2.Software
3.Services
BY STRUCTURE
1.Bridges
2.Buildings
3.Dams
4.Tunnels
5.Utilities
6.Others
BY NETWORKING TECHNOLOGY
1.Wireless
2.Wired
BY END USER
1.Energy & Power
2.Buildings & Infrastructure
3.Oil & Gas
4.Mining
The services segment generated the most revenue through offerings and is anticipated to rule the geotechnical instrumentation and monitoring market during the anticipated time. This is due to the rise in demand for these services in the energy and power sectors for continuous monitoring of key structures.
According to structure, the bridges segment is anticipated to account for a sizable portion of global geotechnical instrumentation and monitoring market revenue. The segment for bridges will expand as a result of increased infrastructure development in emerging nations. The market for geotechnical instrumentation and monitoring in tunnels and bridges is expanding as a result.
The mining industry has emerged as a greater revenue-generating category in terms of end consumers. With the escalating threats, the mining industry is expanding. They experience unexpected disasters that affect both the workforce and the specific location. These factors support the growth of the mining market for geotechnical instrumentation and monitoring.
Regional Analysis
During the projection period, Asia-Pacific is anticipated to experience the largest geotechnical instrumentation and monitoring market growth. The increasing investments in infrastructure and the resultant rise in the number of new infrastructure projects, as well as government directives mandating the usage of geotechnical instrumentation and monitoring for various structures, are the main factors propelling market expansion in this region. Numerous infrastructure projects have begun as a result of the fast urbanization brought on by the rising population in various Asia-Pacific nations, creating growth prospects for industry participants in the geotechnical instrumentation and monitoring market.
In North America, the market for geotechnical instrumentation and monitoring had the most notable rise. This can be mostly attributed to the high geotechnical instrumentation technology penetration as well as the substantial number of ongoing and proposed infrastructure projects in the region.
Competitive Landscape Outlook
Some of the major companies operating in the geotechnical instrumentation and monitoring market are James Fisher and Sons plc, Fugro N.V., COWI A/S, Keller Group plc, Terracon, Geosense ltd., GEOKON, John Wood Group plc, and Sisgeo S.r.l.
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Table Of Content
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID 19 Impact Analysis
5. Value Chain Analysis
6. Porter's 5 Forces Model
7. PEST Analysis
8.The SNS Graph
9.Global Protective Coatings Market Segment, By Resin Type
9.1 Silicone
9.2 One-Component
9.3 Two-Component
9.4 Polyurethane
9.5 One-Component
9.6 Two-Component
9.7 Polysulfide
9.8 One-Component
9.10 Two-Component
9.11 Plastisol
9.12 Emulsion
9.13 Butyl-Based
10.Global Protective Coatings Market Segment, By Application
10.1 Glazing
10.2 Flooring & Joining
10.3 Sanitary & Kitchen
10.4 Others
11.Global Protective Coatings Market Segment, By End-Use Industry
11.1 Residential
11.2 Industrial
11.3 Commercial
12.Global Protective Coatings Market Segment, By Function
12.1 Bonding
12.2 Protection
12.3 Insulation
12.4 Soundproofing
12.5 Cable Management
13. Regional Analysis
13.1 Introduction
13.2 North America
13.2.1 USA
13.2.2 Canada
13.2.3 Mexico
13.3 Europe
13.3.1 Germany
13.3.2 UK
13.3.3 France
13.3.4 Italy
13.3.5 Spain
13.3.6 The Netherlands
13.3.7 Rest Of Europe
13.4 Asia-Pacific
13.4.1 Japan
13.4.2 South Korea
13.4.3 China
13.4.4 India
13.4.5 Australia
13.4.6 Rest Of Asia-Pacific
13.5 The Middle East & Africa
13.5.1 Israel
13.5.2 UAE
13.5.3 South Africa
13.5.4 Rest
13.6 Latin America
13.6.1 Brazil
13.6.2 Argentina
13.6.3 Rest Of Latin America
14.Company Profiles
14.1 Bostik (France)
14.1.1 Financial
14.1.2 Products/ Services Offered
14.1.3 SWOT Analysis
14.1.4 The SNS View
14.2 Sika (Switzerland)
14.3 H.B. Fuller (U.S.)
14.4 Henkel (Germany)
14.5 BASF (Germany)
14.6 Dow (U.S.)
14.7 Wacker (Germany)
14.8 General Electric (U.S.)
14.9 ITW (U.S.)
14.10 Soudal (Belgium)
14.11 Konishi (Japan)
14.12 DAP Products (U.S.)
14.13 Pidilite (India)
14.14 KCC (Korea)
14.15 Yokohama Rubber (Japan)
14.16 Franklin (U.S.)
14.17 Selena (Poland)
14.18 Kömmerling (Germany)
14.19 PCI (Germany)
14.20 Hodgson Sealants (U.K.)
14.21 Pecora (U.S.)
14.22 Euclid (U.S.)
14.23 3M (U.S.)
14.24 MAPEI (Italy)
14.25 Asian Paints (India)
14.26 Yokohama Rubber (Japan)
15.Competitive Landscape
15.1 Competitive Benchmarking
15.2 Market Share Analysis
15.3 Recent Developments
16.Conclusion