Ground Penetrating Radar Market By Type (Handheld Systems, Cart-Based Systems, and Vehicle-Mounted Systems), Application (Utility Detection, Concrete Investigation, Transportation Infrastructure, Archaeology, and Others), and Offering (Equipment and Services): Global Opportunity Analysis and Industry Forecast, 2020–2027
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Sep 2020 |
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COVID-19
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Ground penetrating radar (GPR) is an electromagnetic method that uses radar pulses on near surface applications to detect whereabouts of structures buried under a surface. GPR consists of transmitting antenna and receiving antenna signals. The transmitting antenna transmits short pulses of high frequency radio waves into the surface and receiving antenna senses any deflections in the received return signal incase the signal detects any object underneath the ground. Since GPR is a non-destructive method, it is used for a wide scale of applications to avoid damage to assets underneath the ground.Â
Underground cables and pipelines are essential to contemporary infrastructure and it is important that such underground assets, such as electrical, telecommunications fiber optic cables, water & sewage pipelines, and gas pipelines are protected from future digs. If these assets are not protected then it can result in major disasters such as electric arcs. The market for ground penetrating radar system is thus, continuously growing on a global level to protect these properties.
The global ground penetrating radar market is segmented on the basis of type, application, offering, and region. Based on type, the market is divided into handheld systems, cart-based systems, and vehicle-mounted systems. In terms of application, the market is categorized into utility detection, concrete investigation, transportation infrastructure, archaeology, and others. On the basis of offering, the market is segmented into equipment and services. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Key players operating in the global ground penetrating radar industry include IDS Georadar (Italy), Sensors & Software Inc. (Canada), Guideline Geo (Sweden), Chemring Group (UK), Geophysical Survey Systems Inc. (U.S.), Leica Geosystems AG (Switzerland), Radiodetection (UK), Penetradar Corp. (UK), Utsi Electronics Ltd. (UK), and Hilti (Liechtenstein). These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global ground penetrating radar market.Â
Top Impacting Factors
Concerns related to the preservation of utilities located underground, advantages of ground penetration radars over other conventional technologies, and government support in locating underground infrastructure to deploy ground penetration radars drive growth of the market. For instance, a Sao Paulo project called GeoCONVIAS incorporated data from 20 to 30 utilities operating in Sao Paulo City, one of the largest cities in the world.Â
The most significant objective of the ConVIAS project is to coordinate underground infrastructure to avoid accidents during construction, minimize public discomfort, and reduce expenses of maintaining underground infrastructure. Over the decade, companies have faced many challenges in utilization of non-renewable resources to locate and classify new oil reserves, which has resulted in the ground penetrating radar market growth.
Ground Penetrating Radar Market in Asia-Pacific
The Ground penetrating radar market size in Asia-Pacific is projected to rise at the highest CAGR during the forecast period. This growth can be attributed to rapid infrastructure construction activities undertaken in the region, primarily in China, India, and Japan, where structural health monitoring paves a way for infrastructure modernization.
Services to Witness Higher CAGR in the Market
The ground penetrating radar services market is expected to grow at the highest CAGR during the forecast period. Â This growth is attributed to factors such as rise in practice of rent-based procurement of GPR systems, owing to their high cost of ownership, continuous innovation in GPR, and government-imposed regulations and standards for using an appropriate detection device before starting digging, demolition, or construction of any infrastructure.
Rise in Use of Art-Based Ground Penetration Radars
Cart-based ground penetration radar systems allow addition of more antennas and display units to provide more reliable and high-resolution data about depths of sub surfaces. Owing to this fact, cart-based ground penetration radars gather data in any kind of environment for any application, which boosts the market growth.
Key Benefits of the Report
- This study presents analytical depiction of the global ground penetrating radar industry along with current ground penetrating radar market trends and future estimations to determine imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global ground penetrating radar market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.Â
- The report provides a detailed global ground penetrating radar market analysis based on competitive intensity and how the competition will take shape in coming years.Â
Market Scope and Structure Analysis
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Report Metric |
Details |
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Market Size Available For Years |
2019-2027 |
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Base Year Considered |
2019 |
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Forecast Period |
2020-2027 |
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Forecast Units |
Value (USD) |
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Segments Covered |
Type, Application, Offering, and Region |
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Regions Covered |
North America (Canada, Mexico, and U.S.), Europe (France, Germany, UK, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and Rest of Asia-Pacific), LAMEA (Africa, Latin America, and Middle East) |
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Companies Covered |
IDS Georadar (Italy), Sensors & Software Inc. (Canada), Guideline Geo (Sweden), Chemring Group (UK), Geophysical Survey Systems Inc. (U.S.), Leica Geosystems AG (Switzerland), Radiodetection (UK), Penetradar Corp. (UK), Utsi Electronics Ltd. (UK), and Hilti (Liechtenstein) |
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COVID-19 Scenario Analysis
- The emergence of COVID-19 have adversely impacted the market growth for the year 2020. Consequently, there is a decline in expected production capacity of ground penetrating radars.Â
- However, a few market players such as IDS Georadar have aligned to ensure minimal disruption to business. Companies are focusing more on regional market by adhering all guidelines.Â
- Despite the pandemic situation, market players are open for GPR sales, support, rental, and repair needs. Utilization of cloud-based platforms is helping companies to ensure safe working of teams globally.
- Although COVID-19 is hindering the market growth for the year 2020, it is estimated to witness rapid growth during the forecast period.
Ground Penetrating Radar Market Key Segments
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Segments |
Sub-Segments |
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Type |
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Application |
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Offering |
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Questions Answered in the Ground Penetrating Radar Market Research Report
- Who are the leading market players active in the global ground penetrating radar market?
- What would be the detailed impact of COVID-19 on the global ground penetrating radar market?
- What current trends would influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the global ground penetrating radar market?
- What are the projections for the future that would help in taking further strategic steps?Â
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