The ground penetrating radar market is expected to grow from USD 493 million by 2019 to USD
726 million by 2024 at a CAGR of 8.1% from 2019 to 2024. A few of the key
factors driving the growth of this market are the safety- and
protection-related concerns for underground utilities, advantages of GPR over
other traditional technologies, and support offered by governments for
implementation of GPRs.
GPR
can be used to locate metallic and nonmetallic pipes, power lines, conduit,
water lines, re-bar and post-tension cables inside concrete structures. The primary
benefit of GPR over other traditional technologies is that GPR provides better
imaging for utility lines, regardless of their composition.
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The
GPR market for vehicle-mounted GPR systems is expected to grow at the highest CAGR during the
forecast period. Vehicle-mounted GPR systems consist of GPR equipment fit on
vehicles such as trucks, cars, UAVs, tanks, and armoured vehicles. They are
most commonly used for transportation infrastructure, and law enforcement and
military applications, which are expected to witness high growth rates during
the forecast period.
The
GPR market for services is
expected to grow at a higher CAGR during the forecast period. Factors such as
the rise in the practice of procuring GPR systems on a rental basis owing to
their high cost of ownership, continuous innovation in GPR, and imposed
regulations and standards by the government for using a suitable detecting
device before commencing digging, demolishing, or constructing any
infrastructure contribute to the growth of the market for services.
The
GPR market for transportation infrastructure is expected to grow at the highest CAGR during the
forecast period. This is attributed to the worldwide increase in a number of
construction projects for bridges, roadways, railways, seaways, and dams.
The
GPR market in APAC is
expected to grow at the highest CAGR during the forecast period. This growth
can be attributed to the rapid infrastructure building activities being
undertaken in APAC, mainly in China, India, and Japan, where structural health
monitoring paves the way for the modernization of infrastructure.
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The
major opportunities for the growth of the market include
high demand for real-time GPR services, and aging infrastructure and increasing
maintenance requirements. The increasing need for real-time analysis of
underground utilities, concrete structures, roads, and railway lines, among
others, is one of the emerging concepts and new trends in the structural health
monitoring market. Utility locating equipment and service providers have
started using GPR devices, fleet telemetry systems, GPS devices, GIS data
devices, and other similar sensors to collect location-based data of
underground utilities. The aging infrastructure and increasing need for its
maintenance in regions such as North America and Western Europe act as a major
opportunity for the growth of the GPR market.
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