Europe Ground Penetrating Radar Market Size, Share & Industry Trends Analysis Report By Component (Antenna, Control Unit, Power Supply, and Others), By Offering, By Type, By Application, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Europe Ground Penetrating Radar Market would witness market growth of 7.9% CAGR during the forecast period (2022-2028).
GPR is used to map underground utilities and other discoveries, as well as to scan for elements under concrete. Both applications must be completed before any work that may disturb or harm these aspects. Contractors and homeowners can use scanning and locating services to acquire a good picture of what's beneath their feet prior to proceeding with a project. The accuracy of ground penetrating radar is astounding. While extrinsic factors like ground and soil conditions might affect GPR use, good device operation and reading interpretation must lead to a high precision rate.
GPR (Ground Penetrating Radar) is a real-time NDT technique that utilizes high-frequency radio waves to produce high-resolution data in a short period of time. This method employs electromagnetic waves that move at a specified speed determined by the material's permittivity. The consequence of differences in electrical characteristics, velocities will vary depending on the type of material and hence produce responses at various times. For structural applications, many methods have been utilized, including synthetic pulse radar, frequency modulation, and pulse systems. However, all of the ways are acceptable, the pulsed system method has been determined to be the most popular and is used in the majority of accessible equipment.
In Europe, the construction business is spread at vast level and such construction operation generally requires advanced technology like ground penetrating radar system to leverage the construction operations to greater height. Although, since 2017, the industry has begun to grow, due to the government's emphasis on growing the country's manufacturing sector in order to reduce the country's dependency on oil exports. The oil & gas industry is viewed by the Ukrainian government as a critical sector for achieving independence from international oil and gas imports.
The Government of Ukraine is working to promote energy independence by increasing the production and generation of electricity, oil, and natural gas. Ukraine continues to amend its legislation in order to achieve energy security and independence. The Ukrainian government's strategic aim is to fulfill domestic gas production demands by 2030. This is stated in the country's National Economic Strategy. This ambitious goal will necessitate a $25-30 billion investment. Oil and Gas Production - Ukraine has enormous natural resources for meeting local energy needs, with proven natural gas reserves estimated to be around 900 billion cubic meters.
The Germany market dominated the Europe Ground Penetrating Radar Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $60.7 Million by 2028. The UK market is experiencing a CAGR of 7% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 8.6% during (2022 - 2028).
Based on Component, the market is segmented into Antenna, Control Unit, Power Supply, and Others. Based on Offering, the market is segmented into Equipment and Services. Based on Type, the market is segmented into Handheld Systems, Cart Based Systems, and Vehicle Mounted Systems. Based on Application, the market is segmented into Transportation Infrastructure, Utility Detection, Archaeology, Concrete Investigation, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Ground Penetrating Radar Market will Hit $936.8 Million by 2028, at a CAGR of 8.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IDS GeoRadar s.r.l.(Hexagon AB), Radiodetection Ltd. (SPX Corporation), Chemring Group PLC, Hilti AG, PipeHawk plc (Utsi Electronics Ltd), Guideline Geo AB, Geophysical Survey Systems, Inc., Penetradar Corporation, and Geoscanners AB.
Scope of the Study
Market Segments Covered in the Report:
- Control Unit
- Power Supply
- Handheld Systems
- Cart Based Systems
- Vehicle Mounted Systems
- Transportation Infrastructure
- Utility Detection
- Concrete Investigation
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- IDS GeoRadar s.r.l.(Hexagon AB)
- Radiodetection Ltd. (SPX Corporation)
- Chemring Group PLC
- Hilti AG
- PipeHawk plc (Utsi Electronics Ltd)
- Guideline Geo AB
- Geophysical Survey Systems, Inc.
- Penetradar Corporation
- Geoscanners AB
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