Global Ground Penetrating Radar (GPR) Market Growth 2019-2024

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.
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, shared in Chapter 3.

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.

This study considers the Ground Penetrating Radar (GPR) value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Handheld Ground Penetrating Radar
Cart Based Ground Penetrating Radar
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Transport and Road Inspection
Municipal Inspection
Disaster Inspection
Archeology
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

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: Breakdown data in in Chapter 3.
GSSI
MALA
IDS GeoRadar
GEOTECH
SSI
US Radar
Utsi Electronics
Chemring Group
Radiodetection
Japan Radio Co
ChinaGPR
Kedian Reed

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.

Research objectives
To study and analyze the global Ground Penetrating Radar (GPR) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Ground Penetrating Radar (GPR) market by identifying its various subsegments.
Focuses on the key global Ground Penetrating Radar (GPR) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Ground Penetrating Radar (GPR) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Ground Penetrating Radar (GPR) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.