Ground Penetrating Radar Market Research Report—Global Forecast till 2030

Ground Penetrating Radar Market Research Report: Information by Type (Handheld Systems, Cart-Based Systems, Vehicle-mounted Systems), by Application (Utility Detection, Concrete Investigation, Transportation Infrastructure, Archaeology, Geology & Environment, Law Enforcement & Military), by Region (North America, Europe, Asia-Pacific, and Rest of the World) - Forecast till 2030

ID: MRFR/SEM/9555-HCR | February 2023 | Region: Global | 150 Pages         

Ground Penetrating Radar Market

Ground Penetrating Radar Market is expected to grow USD 1.1 billion at a CAGR 8.2% during the forecast period 2022-2030.

Segmentation
By Type Handheld Systems Cart-Based Systems Vehicle-mounted Systems
By Application Utility Detection Concrete Investigation Transportation Infrastructure Archaeology Geology & Environment Law Enforcement & Military
By Region North America Europe Asia-Pacific and Rest of the World
Key Players
Companies Profiled   IDS Georadar (Italy)    Sensors & Software Inc (Canada)    Guideline Geo (Sweden)    Chemring Group (UK)    Geophysical Survey Systems Inc (GSSI) (US)    Ground Penetrating Radar Systems LLC (US).
Drivers
Market Driving Forces    GPR equipment is in high demand for utility safety and damage prevention    The ground penetrating radar market is predicted to grow due to the benefits of advanced systems over traditional system    The market is expanding as a result of rising demand for real-time ground penetrating radar services
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Ground Penetrating Radar Market Overview:


The global ground penetrating radar market size is projected to be worth ~USD 1.1 billion by 2030, registering a CAGR of ~8.2% during the forecast period (2022 - 2030)


A geophysical device called a ground-penetrating radar (GPR) sensor can record underlying features without the need for drilling. GPR is a non-destructive technique that uses sophisticated radar to transmit electromagnetic pulses at various frequencies (Up to 1000 MHz). Subsurface structures reflect these frequencies. Due to a swift change in velocity, the sent pulses will pull back when they are transmitted over multiple materials. Increasing rental purchases of GPR systems to grow the Ground Penetrating Radar Market. It is anticipated that the industry will be driven by worries about the security and protection of subsurface services. Additionally, government backing for the use of ground-penetrating radars is accelerating market expansion. Future market prospects will be brought on by a high demand for real-time GPR services and an outdated infrastructure. The impending obstacles for the market, however, are related to a lack of knowledge and skills required to operate GPR equipment.


Ground Penetrating Radar Market COVID-19 Analysis


The COVID-19 pandemic has affected the electronics industry, which has led to production facilities suspending their operations. This, in turn, has led to an increase in demand for semiconductors and electronic goods. Its most significant repercussions include the cessation of a significant amount of manufacturing activity across Europe and the cessation of Chinese parts exports, both of which impede the ground-penetrating radar market opportunity. Once the economy starts to show signs of improvement, it is anticipated that the demand for items that are both new and inventive will increase.


Ground Penetrating Radar Market Dynamics


Drivers




  • GPR equipment is in high demand for utility safety and damage prevention

    • GPR can locate metallic and non-metallic utilities underground. Underground utilities include water and wastewater pipes, gas pipes, water boxes, conduits, polythene, and fiber-optic cables. GPR detects leaks in pipelines and voids and measures their depth. GPR equipment helps avoid or prevent damage to subsurface utilities, such as water, gas, electric utility lines, and communication lines, during excavation and digging. Damage to these lines can cause delays, increased repair or maintenance costs, and service disruption. These tools help detect the exact position and physical characteristics of subsurface lines, minimizing replacement costs and allowing asset owners to continue services.



  • The ground penetrating radar market is predicted to grow due to the benefits of advanced systems over traditional system

  • The market is expanding as a result of rising demand for real-time ground penetrating radar services


Market Opportunities




  • Increasing need for GPRs in military applications

    • The demand for detection and investigation tools like GPRs is rising globally as the military sector develops day by day. GPR systems are primarily used by the military to locate and detect buried explosive devices. To discover unexploded munitions, for instance, GPR is employed in historical locations. Additionally, locating embedded wires and cables in structures is another common application of GPR systems in the military. Another area of growing interest is the location of subterranean bunkers, tunnels, and caches. Such rising needs creates a lucrative opportunity for the market growth.




Market Restraints




  • Negative impact of various factors on GPR performance

    • The horizontal positioning of targets in their precise locations is typically identified with the aid of GPRs. However, several additional elements, such as soil type and moisture content, among others, might impact the efficiency and accuracy of depth measurement and analysis. The target's depth and the makeup of the material being scanned both affect the radar signal's velocity. For instance, with harder-to-penetrate soil types like clay and sand surfaces, the signal will move more slowly. Similar effects will be seen on signal velocity in materials that contain moisture. Therefore, it is typically assumed to be 90% accurate because it is typically impossible to determine the precise velocity at which the GPR signal travels through a material. Additionally, throughout an underground examination, a signal's precise velocity will change from one place to the next due to the inherent variations in the composition of geological layers. Soil type and moisture content have an impact on the analysis and interpretation of GPR data.




Value Chain Analysis


The global ground penetrating radar market is projected to exhibit significant growth during the forecast period. This is attributed to factors such as the rising usage of radar, and the growing military applications. In addition, a surge in demand for real time ground penetrating radar services has further contributed to the market growth. The value chain analysis for the market is comprised of five major components, which start with research & product development, followed by product manufacturing, distribution & sales, and end with post-marketing surveillance.


Ground Penetrating Radar Market- Segment Overview


By Type


Based on type, the Ground Penetrating Radar Market is segmented into handheld systems, cart-based systems, and vehicle-mounted systems. The handheld systems is expected to grow at significant CAGR over the forecast period. The concrete inspection sector benefits greatly from handheld GPR equipment. They may be used to instantly gauge the thickness of concrete slabs and find rebars, conduits, post-tension cables, and voids. In small areas or above the head survey locations, their compact shape makes concrete inspection simple, and their ruggedized plastic casing and wheels assure long-lasting performance. They have an all-in-one concrete inspection tool that combines the control unit, positioning system, and antenna into a single, maneuverable item. Because there are no cables, boxes, or bulky pieces of equipment in the entire series, users may travel easily between job sites. With the help of cutting-edge algorithms, the instrument assists in target detection by showing targets as tiny dots when conduit or rebar features are recognized. SPX Corporation, Hexagon AB, Geophysical Survey Systems, Inc., Chemring Group PLC, and Hilti are among the well-known suppliers of portable GPR systems.


By Application


Based on application, the Ground Penetrating Radar Market is segmented into utility detection, archaeology, concrete investigation, transportation infrastructure, law enforcement & military, geology & environment, others. The transportation infrastructure is expected to grow at highest CAGR during the forecast period. Infrastructure for transportation consists of things like roads, railroads, bridges, airports, ports, canals, and tunnels. With GPR, there is an increasing need for condition assessments of transportation infrastructure. It is possible to scan bridge decks, parking decks, and other structures to determine the degree of deterioration without causing any damage. GPR equipment is mostly used for pavement forensics, buried target finding, sinkhole and void detection, and pavement scanning. Additionally, they have employed in bridge forensics and deck deterioration studies.


Regional Analysis


The ground penetrating radar market based on the region has been segmented into North America, Europe, Asia-Pacific, and the Rest of the World.


Due to the swift structural growth in nations like China and Japan, the market in the Asia Pacific is anticipated to grow at the highest CAGR over the forecast period. The Chinese government intends to make significant investments in a variety of infrastructure development projects, including those involving the construction of roads and railroads. Thus, through issuing special-purpose bonds, the local governments of the nation are attempting to raise money for infrastructure projects (SPBs). The demand for real-time monitoring and inspection of the structures grows as a result of the nation's propensity for frequent natural disasters like earthquakes and landslides. To assure safety, the government and several regional authorities are installing monitoring systems in buildings with the assistance of various businesses. For instance, FBG-instrumented strain tubes were erected in the Erlangmiao landslide, crossing oil and gas pipelines in China, to monitor subsurface displacements, while FBG-instrumented anchor bolts were installed to monitor the Xiaolongtan slope in Yunnan.


Over the forecast period, Europe is expected to hold a significant market share. This growth is attributed to the UK government's growing support for the use of GPRs. Throughout the anticipated era, the rest of the world experiences extraordinary growth. The Middle East and Africa are seeing an increase in underground mineral exploration, which is responsible for this expansion.


Competitive Landscape


The key industry players are adopting various business strategies such as significant investments in R&D activities to increase their market presence and to expand their product portfolio thereby, driving the ground penetrating radar market. In addition, the market players are adopting several strategic initiatives such as new product launches, mergers & acquisitions, contractual agreements, increasing investments, and collaboration with other players to expand their global footprint. For instance, in October 2019, GSSI, a US based GPR equipment manufacturer, announced the launch of new 200 MHz antenna. It is intended for applications that demand greater penetration depth.


List of companies covered in this Ground Penetrating Radar Market report:



  • IDS Georadar

  • Sensors & Software Inc.

  • Guideline Geo

  • Chemring Group

  • Geophysical Survey Systems, Inc. (GSSI)

  • Ground Penetrating Radar Systems, LLC

  • Geoscanners

  • Pipehawk PLC

  • Utsi Electronics Ltd.

  • Hilti


Recent Developments



  • In April 2020, Guideline Geo AB announced the launch of MALA MIRA HDR. It is made especially for large-scale, high-resolution 3D GPR subsurface mapping. It provides the highest GPR data quality available on the market, allowing efficient big area mapping, and can be operated at high-way speed with full resolution.

  • In March 2020, IDS GeoRadar and Worldsensing, leading monitoroing technology firms, collectively announced the launch of mine safety monitoring system. The integrated system will substantially ease contracting and implementation as it is the first in the world to provide surface, sub-surface, and geospatial monitoring in a single package.

  • In February 2019, SPX Corporation a technology company, announced the acquisition of obstruction lighting business of Carmanah Technologies Corporation. Within SPX's Detection & Measurement segment, the newly acquired company's results will be published alongside those of the Communication Technologies businesses that the company already operates.


Report Overview


The study covers the existing short-term and long-term market effects. It helps decision-makers to draught short-term and long-term business plans by region. The report covers major regions in North America, Europe, Asia-Pacific, and the Rest of the World. The report analyzes market drivers, restraints, opportunities, challenges, Porter's five forces, value chain, and impact of COVID-19 on the market.


Study Objectives



  • To provide a detailed analysis of the market structure and forecast for the next eight years of the various segments and sub-segments of the ground penetrating radar market

  • To provide insights about factors affecting the market growth

  • To analyze the ground penetrating radar market based on various factors- price analysis, supply chain analysis, Porter's five force analysis, etc

  • To provide historical and forecast revenues of the Ground Penetrating Radar Market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia-Pacific, and the Rest of the World

  • To provide country-level analysis of the market with respect to the current market size and future prospective

  • To provide country-level analysis of the Ground Penetrating Radar Market for segments by type, and application

  • To provide strategic profiling of key players in the market, comprehensively analyze their core competencies, and draw a competitive market landscape

  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers & acquisitions, new product developments, and R&D in the ground penetrating radar market


Ground Penetrating Radar Market Segmentation:


Global Ground Penetrating Radar Market, By Type



  • Handheld Systems

  • Cart-based Systems

  • Vehicle-mounted Systems


Global Ground Penetrating Radar Market, By Application



  • Utility Detection

  • Concrete Investigation

  • Transportation Infrastructure

  • Archaeology

  • Geology & Environment

  • Law Enforcement & Military

  • Others


Global Ground Penetrating Radar Market, By Region




  • North America

    • US

    • Canada




  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe




  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific




  • Rest of the World

    • Middle East

    • Africa

    • Latin America




Intended Audience



  • Ground penetrating radar product manufacturers and suppliers

  • Contract Research Organizations (CROs)

  • Research and Development (R&D) Companies

  • Government & Independent Research Laboratories

  • Government and Independent Regulatory Authorities

  • Market Research and Consulting Service Providers

  • Academic Institutes and Universities



Report Scope:

Report Attribute/Metric Details
  Market Size   2030: ~USD 1.1 Billion
  CAGR   ~8.2%
  Base Year   2020
  Forecast Period   2022-2030
  Historical Data   2018, 2019, and 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, and Application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World
  Key Vendors   IDS Georadar (Italy), Sensors & Software Inc. (Canada), Guideline Geo (Sweden), Chemring Group (UK), Geophysical Survey Systems, Inc. (GSSI) (US), Ground Penetrating Radar Systems, LLC (US)
  Key Market Opportunities   Increasing need for GPRs in military applications
  Key Market Drivers   â€¢ GPR equipment is in high demand for utility safety and damage prevention • The ground penetrating radar market is predicted to grow due to the benefits of advanced systems over traditional system • The market is expanding as a result of rising demand for real-time ground penetrating radar services


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Frequently Asked Questions (FAQ) :

The global ground penetrating radar market is registering a CAGR of ~8.2% during the forecast period (2022 - 2030)

The global ground penetrating radar market size is projected to be worth ~USD 1.1 billion by 2030

IDS Georadar (Italy), Sensors & Software Inc. (Canada), Guideline Geo (Sweden), Chemring Group (UK), Geophysical Survey Systems, Inc. (GSSI) (US), Ground Penetrating Radar Systems, LLC (US)

Asia Pacific is anticipated to grow at the highest CAGR over the forecast period