North America 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 North America Ground Penetrating Radar Market would witness market growth of 7.8% CAGR during the forecast period (2022-2028).
GPR can now be utilized for subsurface condition assessment in materials with thin layers, such as FRP composites, due to advancements in GPR technology, particularly the increased frequency of commercially available GPR antennae and improved data processing software. GPR waveform analysis might potentially aid in the detection of subsurface debonds between the worn surface and the underneath FRP bridge deck, as well as delaminations within the FRP deck's flanges.
Demand for nonrenewable resources has risen during the last decade, forcing corporations to build more advanced equipment to locate and identify new oil reserves. This has expanded the usage of advanced GPR-based instruments and technologies that collect, analyze, and analyze large volumes of data, allowing specialists and technicians to make quick and informed judgments. These are also used to identify and prevent leaks in underground pipelines.
North America is observing beneficial developments in military, utility detection, and transportation infrastructure. Every year, the US military upgrades its equipment using modern technologies to bring about revolutionary change. The US Army plans to equip a drone with ground-penetrating radar that will allow it to investigate previously inaccessible areas. The effort is to improve technology on a chip so that it could show a digital map of the area. North America has one of the largest and powerful military base in the world and it is implied that such powerful nation will invest in advanced technologies like ground penetrating radar system. Such advanced technology always gives an upper hand to a developed nation like North America. Witnessing higher demand of ground penetrating radar system, the manufacturers of the system are expecting a huge growth in the coming years.
The US market dominated the North America Ground Penetrating Radar Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $241.6 Million by 2028. The Canada market is anticipated to grow at a CAGR of 10.2% during (2022 - 2028). Additionally, The Mexico market would showcase a CAGR of 9.2% 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 U.S., Mexico, Canada, and Rest of North America.
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 North America
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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