Monday, October 30, 2023

Ground Penetrating Radar Market Analysis And Demand With Future Forecast To 2027

The global ground penetrating radar market in terms of revenue was estimated to be worth USD 340 million in 2023 and is poised to reach USD 453 million by 2027, growing at a CAGR of 7.5% from 2022 to 2027. The new research study consists of an industry trend analysis of the market.

As the demand for GPR increases, the demand for GPR software is also rising. The data collected and analyzed by GPR equipment and software helps deliver valuable insights to users in 2D as well as 3D formats.

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https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=74332617

OPPORTUNITIES: Growing demand for GPRs in military applications

As the military industry is evolving every day, so is the demand for detection and investigation equipment, such as GPRs, growing worldwide. The military mainly uses GPR systems to identify the location and detection of buried explosive devices. For instance, GPR is used in old sites to identify unexploded ordnance (UXO). Additionally, the common application of GPR systems in the military sector is identifying the location of embedded wires and cables in structures. The location of buried bunkers, tunnels, and caches are also areas of growing interest. In May 2020, the US Army ordered GPR systems to detect improvised explosive devices (IEDs) buried in roadways. They found their solution from Chemring Sensors and Electronics Systems (CSES) in Dulles, Virginia, and ordered to build Husky Mounted Detection System (HMDS) kits, spare parts, maintenance, and training for themselves.

CHALLENGES: Requirement of skilled professionals to operate GPR equipment

The use of GPR in utility locating processes involves precise inspection of the field to locate underground utilities. The field inspectors should have knowledge of the construction and operations of the underground utility distribution and collection systems and the related policies and procedures. They should also have expertise in computer- and software-related operations to gather information on the exact physical characteristics and location of the utility. The lack of knowledge related to electronic or manual GPR equipment and field survey procedures and understanding of utility maps and construction drawings make locating the utility a tedious task for the field officers. Hence, the requirement of skilled professionals to correctly operate GPR equipment may be a challenge in some underdeveloped and developing markets.

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