According to Acquire Market Research this study, Ground-penetrating radar (GPR) is a geophysical method that uses radar pulses to image the subsurface. This nondestructive method uses electromagnetic radiation in the microwave band (UHF/VHF frequencies) of the radio spectrum, and detects the reflected signals from subsurface structures. GPR can have applications in a variety of media, including rock, soil, ice, fresh water, pavements and structures. In the right conditions, practitioners can use GPR to detect subsurface objects, changes in material properties, and voids and cracks.
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Ground Penetrating Radar (GPR) is a technology-intensive industry. There are many barriers for entering into this industry, like brand loyalty, value chain barrier, etc. New entrants face the difficulty of establishing a distribution network, cultivating relationships with quality supplier and other problems associated with creating a network. It may take several years to fully establish a chain of supplier and distributors.
At present, in developed countries, the GPR industry is generally at a more advanced level. The world’s large enterprises are mainly concentrated in USA and Europe. Meanwhile, foreign companies have more advanced equipment, strong R & D capability, and leading technical level. However, foreign companies manufacturing cost is relatively higher, compared with Chinese companies. With the development of Chinese GPR production technology, their share in the international market is increasing, and competitiveness in the international market gradually increases.
This industry is relative concentration in the world, and high-end products mainly come from Europe and United States.
According to this study, over the next five years the Ground Penetrating Radar (GPR) market will register a 9.0% CAGR in terms of revenue, the global market size will reach US$ 220 million by 2024, from US$ 150 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Ground Penetrating Radar (GPR) business.
This report presents a comprehensive overview, market shares, and growth opportunities of Ground Penetrating Radar (GPR) market by product type, application, key manufacturers and key regions and countries.
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This study considers the Ground Penetrating Radar (GPR) value and volume generated from the sales of the following segments:
Segmentation by product type:
Handheld Ground Penetrating Radar
Cart Based Ground Penetrating Radar
Segmentation by application:
Transport and Road Inspection
This report also splits the market by region:
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
The key manufacturers covered in this report:
Japan Radio Co
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Ground Penetrating Radar (GPR) Consumption 2014-2024
2.1.2 Ground Penetrating Radar (GPR) Consumption CAGR by Region
2.2 Ground Penetrating Radar (GPR) Segment by Type
2.2.1 Handheld Ground Penetrating Radar
2.2.2 Cart Based Ground Penetrating Radar
2.3 Ground Penetrating Radar (GPR) Consumption by Type
2.3.1 Global Ground Penetrating Radar (GPR) Consumption Market Share by Type (2014-2019)
2.3.2 Global Ground Penetrating Radar (GPR) Revenue and Market Share by Type (2014-2019)
2.3.3 Global Ground Penetrating Radar (GPR) Sale Price by Type (2014-2019)
2.4 Ground Penetrating Radar (GPR) Segment by Application