Ground Penetrating Radar Market

Global Ground Penetrating Radar Market: Overview

Products and solutions offered by the players in the global ground penetrating radar market are used to generate multi-scan overlays of ground slices, generate depth slices, and analyze these slices through data analysis software tools. This has also led to an increase in the demand for not only ground penetrating radar equipment but also software tools. Increasing adoption of 3D data formats is also creating attractive cash grab opportunities for the players in the global ground penetrating radar market. 3D format offers various unique advantages over traditional 2D format, such as high clarity and greater context. Manufacturers and players in the global ground penetrating radar market offer two key types of solutions, namely, services and equipment. Some of the key types of products offered by these players include vehicle mounted systems, hand-held systems, and cart-based systems. Key applications for the products in the global ground penetrating radar market include concrete investigation, archaeology, law enforcement and military, utility detection, transportation infrastructure, and geology and environment, among others.

Global Ground Penetrating Radar Market: Major Trends and Drivers

Increasing demand for ground penetrating radar equipment in the water and wastewater industry for ensuring utility safety and protecting the equipment against damage is boosting growth within the global ground penetrating radar market in coming years. However, the adverse impact of several positioning and moisture conditions on the performance of ground penetrating radar equipment may slow down their adoption in coming years. This trend may restrain the growth in the global ground penetrating radar market in the near future. Furthermore, the lack of skilled professionals required to efficiently operate ground penetrating radar equipment may adversely impact the development of the global ground penetrating radar market in coming years. On the other hand, increasing use of ground penetrating radar equipment in various military applications is expected to create new expansion avenues for the global ground penetrating radar market in the near future.

Global Ground Penetrating Radar Market: Key Players and Manufacturers

Some of the most prominent manufacturers and players operating in the global ground penetrating radar market are SPX Corporation, Guideline Geo, Chemring Group PLC, Hexagon, and Geophysical Survey Systems, Inc., among others. Players are focusing on developing and launching technologically superior products to enhance their share in the global ground penetrating radar market. For example, a new solution aimed at utility professionals, called AiMaps, was launched by IDS GeoRadar, which is a part of Hexagon AB, in May of 2022. These solutions can assist utility professionals in processing the data collected by ground penetrating radar equipment through cloud functionalities and offer precise information to detect utilities underground in faster time.

Furthermore, a new software development kit called SPIDAR SDK was launched by Sensors & Software, Inc., in January of 2022. This software tool can help individuals who want to use ground penetrating radar equipment through their own platform. It also provides them with enhanced data processing and data acquisitions capabilities. Moreover, a new core, called MALA Easy Locator was launched by Guideline Geo in September of 2021 for utility locating applications.

Global Ground Penetrating Radar Market: Regional Assessment

Asia Pacific is most likely to expand at the highest growth rate in the coming years in the global ground penetrating radar market. Some of the key drivers behind the growth in Asia Pacific market include fast paced infrastructure developed in developed economies, such as Japan and China, as well as increasing investments by regional governments to fast track these infrastructural development projects. Moreover, increasing demand for transportation infrastructure in these economies is also anticipated to boost the growth in Asia Pacific ground penetrating radar market in coming years. However, the presence of aging infrastructure and the rising need to renovate and maintain them is propelling growth within the North America ground penetrating radar market.