The Europe Geotechnical Instrumentation and Monitoring Market is expected to witness market growth of 7.4% CAGR during the forecast period (2021-2027).
The constant tracking and supervision of construction projects with the help of geotechnical instrumentation and monitoring technology improve the quality and precision of the final projects. Geotechnical instrumentation and monitoring are popular due to their numerous benefits such as it can effectively identify the initial site conditions, observation of method, offer protection and safety.
The constant tracking and supervision of construction projects with the help of geotechnical instrumentation and monitoring technology improve the quality and precision of the final projects. Geotechnical instrumentation and monitoring are popular due to their numerous benefits such as it can effectively identify the initial site conditions, observation of method, offer protection and safety.
Heavy investments in the infrastructure and the correspondence growing number of new infrastructure projects is expected to act as the drivers for the growth of the regional market. Moreover, the dramatic rise in the population of various nations in this region has resulted in fast-paced urbanization which eventually started numerous infrastructure projects, hence helping the market to grow further. Hence, these factors are expected to create lucrative growth opportunities for the players operating in the regional geotechnical instrumentation and monitoring market during the forecasting period.
The Germany market dominated the Europe Geotechnical Instrumentation and Monitoring Market by Country 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $355.2 million by 2027. The UK market is poised to grow at CAGR of 6.7% during (2021 - 2027). Additionally, The France market is expected to experience CAGR of 8.2% during (2021 - 2027).
Based on Component, the market is segmented into Services and Hardware & Software. Based on structure, the market is fragmented into Bridges & Tunnels, Buildings & Utilities, Dams, and Others. Based on networking technology, the market is segmented into Wire and Wireless. Based on End User, the market is segmented into Buildings & Infrastructure, Energy & Power, Oil & Gas, and Mining. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Fugro N.V., COWI A/S, James Fisher and Sons plc, John Wood Group plc, Keller Group plc, Terracon, Geosense ltd., GEOKON, Sisgeo S.r.l., and Geocomp Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Services
- Hardware & Software
By Structure
- Bridges & Tunnels
- Buildings & Utilities
- Dams
- Others
By Networking technology
- Wire
- Wireless
By End User
- Buildings & Infrastructure
- Energy & Power
- Oil & Gas
- Mining
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Fugro N.V.
- COWI A/S
- James Fisher and Sons plc
- John Wood Group PLC
- Keller Group plc
- Terracon
- Geosense ltd.
- GEOKON
- Sisgeo S.r.l.
- Geocomp Corporation
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Table of Contents
Companies Mentioned
- Fugro N.V.
- COWI A/S
- James Fisher and Sons plc
- John Wood Group PLC
- Keller Group plc
- Terracon
- Geosense ltd.
- GEOKON
- Sisgeo S.r.l.
- Geocomp Corporation
Methodology
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