Geotechnical Instrumentation and Monitoring market is estimated to grow at a CAGR of 10.42%

Pune, India, April , 2018, MRFR Press Release/- Market Research Future published a half cooked research report on Global Geotechnical Instrumentation and Monitoring Market.

Market Highlights

The major factors for the growth of geotechnical instrumentation are the growing deployment of instrumentation equipment across construction, agriculture that provides the capability of quality control, construction control, monitoring in-service performance, design verification, and many others. Geotechnical instrumentation enhances the quality of work and makes it easy to document the work done with greater accuracy.

Key players

Some of the major players in global geotechnical instrumentation and monitoring market include Deep Excavation LLC (U.S.), Geocomp Corporation (U.S.), DST Consulting Engineers Inc (Canada), Fugro (Holland), Monitoring Solution Providers Pte Ltd (Singapore), S. W. Cole Engineering, Inc (U.S.), Coffey International (Australia), WJ Groundwater Limited (U.K), EKO Instruments (Japan), Geotechnics Limited (U.K),  among others

Other vendors include GaiaComm Ltd. (Greece), M.A.E. Advanced Geophysics Instruments (Italy), Innovative Geotechnical Instrumentation (India), Geotechnics Ltd. (New Zealand), Quantum Geotechnical (U.K), Geotechnical Services, Inc (U.S.), Petra Geotechnical, Inc. (U.S.), American Geotechnical, Inc.(U.S.), Wardle Drilling & Geotechnical Ltd. (U.K), Land-Drill Geotechnics Ltd (U.K.), Cascade Geotechnical Inc. (Canada), Canterbury Seismic Instruments Ltd (New Zealand), Ace Instrument Co., Ltd (South Korea), HMA Geotechnical Systems Australia Pty (Australia), Geotest Instrument Corporation (U.S.), Marton Geotechnical Services Ltd (MGS) (U.K), among others.  

Regional Analysis

On the basis of geography, the market is studied for North America, Europe, Asia Pacific and rest of the world. Among all the regions, the market is dominated by North America due to the increasing number of projects that are implementing geotechnical instrumentation and monitoring solutions. Europe closely follows North America in this market. Europe comprises most of the key players that operate in geotechnical instrumentation and monitoring market. Higher concentration of key players has enabled the European region to compete closely with North America regarding market share.

On the other hand, Asia Pacific is expected to show a decent growth considering developments in building infrastructure. Many emerging countries like India, China, and Taiwan are investing huge amounts in the betterment of infrastructure. However, due to lack of technical expertise, and higher cost of maintenance, the market is restrained by these factors in Asia Pacific. However, the Middle East is expected to show a high growth rate, due to increasing number of airport, roads and building projects in countries like the UAE, Saudi Arabia, and Oman.