Geotechnical Services Market Report 2025

The geotechnical services market size has grown strongly in recent years. It will grow from $2.29 billion in 2024 to $2.42 billion in 2025 at a compound annual growth rate (CAGR) of 5.4%. The growth in the historic period can be attributed to land use changes, military and defense projects, transportation expansion, environmental awareness, urban development.

The geotechnical services market size is expected to see strong growth in the next few years. It will grow to $3.07 billion in 2029 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to resilience planning, mining industry demand, urbanization and population growth, renewable energy development, climate change impact. Major trends in the forecast period include infrastructure development, urbanization, natural disaster mitigation, energy sector expansion, mining and exploration.

The increasing investments in wind energy are expected to drive the growth of the geotechnical services market in the future. Wind energy, a technique utilizing wind to generate mechanical power or electricity, necessitates tailored geotechnical exploration and data analysis approaches to manage risks throughout project development. According to the U.S. Department of Energy, the offshore wind pipeline in the United States increased by 24% year over year, with 35,324 MW at various stages of development. Consequently, the escalating investment in wind energy serves as a key driver for the growth of the geotechnical services market.

The expanding construction industry is expected to drive the growth of the geotechnical services market in the coming years. The construction industry involves various activities related to the planning, design, development, and construction of buildings and infrastructure. Geotechnical services are essential for ensuring the safety, stability, and durability of structures. These services assess soil stability, foundation design, and risk management for construction projects. For example, in June 2021, Stats NZ Tatauranga Aotearoa, a government data agency in New Zealand, reported that building activities increased by 3.7 percent in March 2021. Additionally, in 2021, residential activities rose by 4.3 percent compared to 2020. Furthermore, in December 2021, the United States Census Bureau, a government agency, noted that the value of construction activities grew from $1.62 trillion in 2021 to $1.79 trillion in 2022, representing a growth rate of 10.2 percent. Therefore, the expanding construction industry is a key driver of growth for the geotechnical services market.

Leading companies in the geotechnical services market are adopting advanced technologies, such as deep-water technology, to improve the safety and efficiency of offshore operations. Deep-water technology refers to sophisticated engineering methods and systems specifically designed for deep-sea environments, typically exceeding depths of 200 meters (656 feet). For example, in November 2022, Fugro, a Netherlands-based company offering a wide range of geotechnical services, launched its geotechnical vessel, the Fugro Quest, which is engineered for safe and sustainable offshore operations. This cutting-edge vessel utilizes advanced deep-water technology, enabling it to operate at depths of up to 2,000 meters while significantly reducing fuel consumption compared to traditional vessels. The Fugro Quest is hybrid-ready and can operate using hydrotreated vegetable oil (HVO) biofuel, aligning with Fugro's ambition to achieve net-zero operations by 2035. Its onboard capabilities include state-of-the-art coring systems and a soil-testing laboratory, along with remote positioning and rapid data-processing features that allow clients to access project information in near real-time via the cloud.

Major companies are advancing their technologies, such as geotechnical data management platforms, to expand their customer bases, increase sales, and boost revenue. A geotechnical data management platform is a comprehensive software solution designed for collecting, storing, analyzing, and visualizing geotechnical data throughout various phases of construction and engineering projects. For instance, in October 2023, Soil Instruments Limited, a UK-based company specializing in geotechnical and structural monitoring instrumentation, launched Sensly, a data monitoring software. Operating on a secure cloud technology platform, Sensly represents a significant advancement in geotechnical data management, offering unparalleled features tailored to meet dynamic requirements. With an intuitive and user-friendly interface, the software ensures a seamless and efficient experience, distinguishing itself as a unique and innovative solution in the field of data monitoring.

In September 2023, RMA, a US-based engineering and consulting firm specializing in geotechnical engineering, construction materials testing, building code compliance, threshold inspections, and environmental consulting, acquired A3GEO for an undisclosed amount. This acquisition enables RMA to enhance its capabilities and target federally funded projects throughout the Western U.S., improving its services for public and private infrastructure initiatives in various sectors, including transportation, healthcare, and renewable energy. A3GEO is a US-based company that offers geotechnical services, including geology, subsurface exploration, site evaluation, material testing, and earthquake engineering.

Major companies operating in the geotechnical services market include AECOM Technology Corporation, AMEC Engineering, Arup Group, Bechtel Group, CH2M HILL, Fugro, Gardline Limited, Geoquip Marine Group, HDR Inc, Jacobs Engineering Group, Kiewit Corporation, Stantec, Tetra Tech, WSP, Atkins, BGC Engineering, Black & Veatch, Coffey International, Golder Associates, Intertek Group, Mott MacDonald, Ramboll Group, SNC-Lavalin Group, Terracon Consultants Inc., Geosyntec Consultants, Haley & Aldrich, Kleinfelder, Geocomp Corporation, Engineering Consulting Services Ltd., GZA GeoEnvironmental Inc.

North America was the largest region in the geotechnical services market in 2024. The regions covered in the geotechnical services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the geotechnical services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Geotechnical services, a subset of civil engineering services, play a crucial role in designing infrastructure such as bridges, tunnels, and various onshore and offshore structures. These services involve investigating soil, rock, fault distribution, and bedrock properties to provide construction support.

The geotechnical services includes products are classified into underground city space engineering, slope and excavation engineering, and ground and foundation engineering. Slope and excavation engineering play a crucial role in designing stable and durable support systems for slopes and excavations. It aids in comprehending the responses of soft soils and hard rock to excavation, providing solutions for slope stability and excavation support. Networking technologies encompass wired and wireless, applied in various applications such as municipal engineering, hydraulic engineering, bridge and tunnel engineering, mining engineering, marine engineering, national defense engineering, building construction, and others.

The geotechnical services market research report is one of a series of new reports that provides geotechnical services market statistics, including geotechnical services industry global market size, regional shares, competitors with a geotechnical services market share, detailed geotechnical services market segments, market trends and opportunities, and any further data you may need to thrive in the geotechnical services industry. This geotechnical services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The geotechnical services market consists of revenue earned by entities that involve the study of materials present under the earth's surface. It is a branch of civil engineering and is used in planning infrastructures such as tunnels and bridges and other onshore and offshore constructions. It also includes specialist fields such as soil and rock mechanics, geophysics, hydrogeology, and associated disciplines such as geology. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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