Market Overview:
The global geotechnical test instruments market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for geotechnical test instruments from various end-use industries, such as building and infrastructure, energy and power, oil and gas, mining, among others. In addition, the growing awareness about safety and security is also propelling the demand for these instruments across the globe. Based on type, the global geotechnical test instruments market can be segmented into wired networking technology and wireless technology. The wired networking technology segment is projected to account for a larger share of the market during the forecast period owing to its advantages such as high speed data transmission rates and low latency. However, with advancements in wireless technologies such as 5G networks,,the wireless technology segment is expected to witness significant growth duringthe forecast period. .Onethe otherhand,.
Product Definition:
Geotechnical Test Instruments is a device used to measure the physical properties of soil and rocks. The importance of Geotechnical Test Instruments is that it allows us to understand the behavior of soils and rocks under different loading conditions, which can help us design more effective foundations, retaining walls, and other structures.
Wired Networking Technology:
Wired networking technology is used in the geotechnical test instruments market for providing reliable connectivity and communication. It ensures high bandwidth, low latency, and better security as compared to wireless technologies. The growth factor for wired networking technology in the market is its ability to provide a stable network environment under harsh environmental conditions such as extreme temperature changes, vibrations, noise & electromagnetic interference along with physical obstructions which are not tolerable in wireless networks.
Wireless Technology:
Wireless technology is used in geotechnical test instruments to transmit the data collected by sensors over a long distance. The wireless technology market is expected to witness significant growth owing to increasing demand for real-time monitoring of soil conditions and rock formations along with the rapid development of infrastructure across various countries.
The wireless tecnology helps in reducing maintenance costs, simplifies operations, and increases productivity by eliminating manual collection and reporting of data from sensor units.
Application Insights:
Building and infrastructure was the largest application segment in 2016, accounting for over 50% of the overall revenue share. The growth can be attributed to increasing construction activities across various applications including roads, buildings, dams and tunnels, watercourse stabilization & maintenance, slope stability testing etc. Furthermore Geotech offers a wide range of products that are used for monitoring ground conditions beneath a building site or structure before construction begins to ensure the stability of soil support is adequate to carry a building load.
The energy and power segment is anticipated to witness significant growth over the forecast period owing to rising demand from numerous industries including oil & gas exploration and production as well as mining for coal or metal deposits below ground level. Increasing need for reliable data on geotechnical conditions at different stages of an excavation such as pre-excavation stage where no work has been done yet; excavation stage when there is enough room under ground level; post-excavation stage when there are already pipes laid etc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing infrastructure activities in countries such as China, India, and Japan. In addition, rising demand for commercial and residential buildings is also anticipated to drive regional growth during the forecast period.
The market in North America was valued at USD X million in 2017 owing to presence of a large number of industry players with advanced technologies coupled with high adoption rate of geotechnical testing instruments across various industries such as oil and gas, mining, construction etc. Also factors like growing infrastructural activities leading towards increased demand for accurate data on soil strength are likely to boost regional growth during the estimated time span from 2018 to 2030 (see Figure 1).
In Europe also known as Western Europe or Northern Europe; there has been an increase in spending on construction projects which will have a positive impact on market development (see Figure 2).
Growth Factors:
- Increasing demand for geotechnical test instruments from the construction and infrastructure sectors as a result of rapid urbanization and industrialization.
- Growing awareness about the benefits of using geotechnical test instruments for improving the quality of construction projects.
- Rising demand for advanced and innovative geotechnical test instruments that can provide accurate results in a shorter time frame.
- Proliferation of private sector players in the global market, who are investing in research and development to introduce new products and technologies in the market place
Scope Of The Report
Report Attributes
Report Details
Report Title
Geotechnical Test Instruments Market Research Report
By Type
Wired Networking Technology, Wireless Technology
By Application
Building and Infrastructure, Energy and Power, Oil and Gas, Mining
By Companies
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
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Geotechnical Test Instruments Market Report Segments:
The global Geotechnical Test Instruments market is segmented on the basis of:
Types
Wired Networking Technology, Wireless Technology
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Building and Infrastructure, Energy and Power, Oil and Gas, Mining
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 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
Highlights of The Geotechnical Test Instruments Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wired Networking Technology
- Wireless Technology
- By Application:
- Building and Infrastructure
- Energy and Power
- Oil and Gas
- Mining
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Geotechnical Test Instruments Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Geotechnical test instruments are used to measure the physical properties of soils, rocks, and other geologic materials. These instruments can be used to determine the strength and stability of a soil or rock foundation, as well as the potential for failure in buried pipelines or other underground infrastructure.
Some of the key players operating in the geotechnical test instruments market are 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.
The geotechnical test instruments market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Geotechnical Test Instruments Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Geotechnical Test Instruments Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Geotechnical Test Instruments Market - Supply Chain
4.5. Global Geotechnical Test Instruments Market Forecast
4.5.1. Geotechnical Test Instruments Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Geotechnical Test Instruments Market Size (000 Units) and Y-o-Y Growth
4.5.3. Geotechnical Test Instruments Market Absolute $ Opportunity
5. Global Geotechnical Test Instruments Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Geotechnical Test Instruments Market Size and Volume Forecast by Type
5.3.1. Wired Networking Technology
5.3.2. Wireless Technology
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Geotechnical Test Instruments Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Geotechnical Test Instruments Market Size and Volume Forecast by Application
6.3.1. Building and Infrastructure
6.3.2. Energy and Power
6.3.3. Oil and Gas
6.3.4. Mining
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Geotechnical Test Instruments Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Geotechnical Test Instruments Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Geotechnical Test Instruments Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Geotechnical Test Instruments Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Geotechnical Test Instruments Demand Share Forecast, 2019-2026
9. North America Geotechnical Test Instruments Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Geotechnical Test Instruments Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Geotechnical Test Instruments Market Size and Volume Forecast by Application
9.4.1. Building and Infrastructure
9.4.2. Energy and Power
9.4.3. Oil and Gas
9.4.4. Mining
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Geotechnical Test Instruments Market Size and Volume Forecast by Type
9.7.1. Wired Networking Technology
9.7.2. Wireless Technology
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Geotechnical Test Instruments Demand Share Forecast, 2019-2026
10. Latin America Geotechnical Test Instruments Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Geotechnical Test Instruments Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Geotechnical Test Instruments Market Size and Volume Forecast by Application
10.4.1. Building and Infrastructure
10.4.2. Energy and Power
10.4.3. Oil and Gas
10.4.4. Mining
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Geotechnical Test Instruments Market Size and Volume Forecast by Type
10.7.1. Wired Networking Technology
10.7.2. Wireless Technology
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Geotechnical Test Instruments Demand Share Forecast, 2019-2026
11. Europe Geotechnical Test Instruments Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Geotechnical Test Instruments Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Geotechnical Test Instruments Market Size and Volume Forecast by Application
11.4.1. Building and Infrastructure
11.4.2. Energy and Power
11.4.3. Oil and Gas
11.4.4. Mining
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Geotechnical Test Instruments Market Size and Volume Forecast by Type
11.7.1. Wired Networking Technology
11.7.2. Wireless Technology
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Geotechnical Test Instruments Demand Share, 2019-2026
12. Asia Pacific Geotechnical Test Instruments Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Geotechnical Test Instruments Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Geotechnical Test Instruments Market Size and Volume Forecast by Application
12.4.1. Building and Infrastructure
12.4.2. Energy and Power
12.4.3. Oil and Gas
12.4.4. Mining
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Geotechnical Test Instruments Market Size and Volume Forecast by Type
12.7.1. Wired Networking Technology
12.7.2. Wireless Technology
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Geotechnical Test Instruments Demand Share, 2019-2026
13. Middle East & Africa Geotechnical Test Instruments Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Geotechnical Test Instruments Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Geotechnical Test Instruments Market Size and Volume Forecast by Application
13.4.1. Building and Infrastructure
13.4.2. Energy and Power
13.4.3. Oil and Gas
13.4.4. Mining
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Geotechnical Test Instruments Market Size and Volume Forecast by Type
13.7.1. Wired Networking Technology
13.7.2. Wireless Technology
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Geotechnical Test Instruments Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Geotechnical Test Instruments Market: Market Share Analysis
14.2. Geotechnical Test Instruments Distributors and Customers
14.3. Geotechnical Test Instruments Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cowi A/S
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Deep Excavation LLC.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. DST Consulting Engineers Inc.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Eustis Engineering LLC.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Fugro
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Geocomp Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Geokon, Incorporated
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Geomotion Singapore
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Geosig Ltd
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. James Fisher and Sons PLC
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Keller Group PLC
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Nova Metrix LLC
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. RST Instruments Ltd.
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. SISGEO S.R.L.
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Smart Structures
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
