Geotechnical Instrumentation Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025


#7741

Transparency Market Research

$ 5795

Geotechnical instrumentation is a fundamental component of surface and underground mining engineering. It helps in dealing with instruments which helps in construction of a project by taking care of various aspects such as strain, pressure, load, stress, vibration, and other parameters, which can assure the optimal and safe construction of a project. Additionally, it helps in checking the ground feasibility for design purpose and design calculations of a project. The amount of geotechnical instrumentation needed in a project depends on the complexity of the project, as projects such as tunnels, dams, and excavations next to sensitive structures demand high level of geotechnical instrumentation. The primary aspects which are catered to while dealing with geotechnical instrumentation are structural and soil deformities, stresses acting on structural elements, and ground water pressure and inflows. Furthermore, a few factors which are to be considered while choosing the right set of geotechnical instruments include range, resolution, accuracy, precision, conformance, robustness, and reliability.

Increase in the number of construction and engineering projects around the globe is a major factor which is estimated to boost the geotechnical instrumentation market, as increased construction is anticipated to fuel the need for maintaining safety standards, which can be implemented successfully by appropriate usage of geotechnical instruments. Additionally, the construction and engineering market is likely to expand significantly during the forecast period. Furthermore, manufacturers of geotechnical instrumentation are expected to focus on Asia Pacific as the construction industry in the region is anticipated to witness significant growth as compared to other regions, which in turn is projected to make the region a key market for geotechnical instrumentation. Moreover, manufacturers are anticipated to focus on tie-ups with leading construction businesses in order to increase their share in the market. Manufacturers of geotechnical instrumentation are projected to focus more on compatibility with 3D printing construction firms and create customized solutions for them, as it is an emerging concepts, which if focused on, is likely to boost the geotechnical instrumentation market during the forecast period.

The geotechnical instrumentation market can be segmented based on application, product, end user industry, and geographical region. Based on application, the geotechnical instrumentation market can be divided into construction of dams, underground constructions, and construction of road, railways, and bridges. Geotechnical instruments are utilized to take care of aspects such as leakage, deformation, uplift pressure, pore pressure, and earthquake motion while dealing with the construction of dams. Factors that need to be considered while selection of geotechnical instruments for underground construction projects include displacement, strain, load, convergence, compression, sloughing, caving, and other general ground movements. Furthermore, factors that need to be considered while constructing road, railways, and bridges include strain, load, and pressure. In terms of product, the geotechnical instrumentation market can be segregated into hardware products and software products. Based on end-user industry, the geotechnical instrumentation market can be classified into construction, oil & gas, mining, and other industries. Furthermore, in terms of geographical region, the geotechnical instrumentation market can be segmented into North America, South America, Middle East and Africa, Asia Pacific, and Europe. The market in Asia pacific and the U.S. are anticipated to expand at a significant growth rate during the forecast period.

Several manufacturers of geotechnical instrumentation cater to the diverse needs of construction-based industries. Key players operating in the market include Geokon, Geocomp Corporation, Nova Metrix, Cowi A/S, Deep Excavation LLC, DST Consulting Engineers Inc., Eustis Engineering LLC, Durham Geo Slope Indicator, RST Instruments Ltd., Keller Group plc, James Fisher and Sons PLC, Smart Structures, SISGEO S.R.L, and Geosig Ltd.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

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