Ground Penetrating Radar Market witness Remarkable Growth by 2030

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. However, 3D GPR data provides even greater context and clarity. The features of 3D data include generating multi-scan slice overlays, rotating and zooming the data slices for analysis, providing adjustable transparency, generating depth slices, and more. Hence, all these features will help drive the growth opportunity for GPR Software in the future.

Key Players:
Hexagon AB (Sweden), SPX Corporation (US), Geophysical Survey Systems, Inc. (US), Guideline Geo (Sweden), and Chemring Group PLC (UK) are among a few ground penetrating radar companies in the market.

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The handeld GPR for ground penetrating radar market is projected to grow at a significant CAGR during the forecast period

Handheld GPR systems are ideal for the concrete inspection industry. They can locate rebars, conduits, post-tension cables, and voids; they can also be used to determine concrete slab thickness in real time. Their compact design makes concrete inspection easy in tight spaces or above the head survey locations, and its ruggedized plastic casing and wheels ensure long-lasting performance. They feature an all-in-one concrete inspection tool, with the antenna, positioning system, and control unit combined into one easy-to-maneuver package. The entire series is lightweight and user-friendly and has no cables, boxes, and heavy equipment, allowing users to move seamlessly between job sites. The tool aids in target detection with advanced software solutions, which visualize targets as a small dot when characteristics of rebar or conduit are identified. Some major companies providing handheld GPR systems include Hexagon AB, SPX Corporation, Geophysical Survey Systems, Inc., Chemring Group PLC, and Hilti.

The ground penetrating radar market for transportation infrastructure is expected to grow at the highest CAGR during the forecast period

The ground penetrating radar market for transportation infrastructure is expected to grow at the highest CAGR during the forecast period. Transportation infrastructure includes areas such as highways, rail, bridges, airports, ports and canals, and tunnels. Demand for condition assessment of transportation infrastructure is a growing field with GPR. Bridge decks, parking decks, and other structures can be scanned to nondestructively evaluate the amount of deterioration. GPR equipment are mainly used for pavement scanning, pavement forensics, buried target location, and sinkholes and void detections. Furthermore, they are used for bridge deck deterioration and bridge forensics.

The ground penetrating radar market in Asia Pacific projected to grow at the highest CAGR from 2022 to 2027

The ground penetrating radar market in Asia Pacific is projected to grow at the highest CAGR during forecast period due to the rapid structural development in countries such as China and Japan. China’s government is planning to invest heavily in different infrastructural development projects, such as transportation and railway infrastructure development projects. Thus, the local governments of the country are working to raise funds for infrastructure projects by issuing special-purpose bonds (SPBs). The country is prone to frequent natural disasters such as earthquakes and landslides, which increases the need to monitor and inspect the structures in real time. The government and different regional authorities, with the help of various companies, are implementing monitoring systems in structures to ensure safety. For instance, FBG-instrumented anchor bolts were installed to monitor the Xiaolongtan slope in Yunnan, while FBG-instrumented strain tubes were installed in the Erlangmiao landslide, crossing oil and gas pipelines in China, to monitor subsurface displacements.