Global Ground Penetrating Radars Strategic Business Report 2023: Expected Recovery in the Construction Sector to open up Opportunities

Dublin, June 08, 2023 (GLOBE NEWSWIRE) -- The "Ground Penetrating Radars: Global Strategic Business Report" report has been added to's offering.

The global market for Ground Penetrating Radars estimated at US$502.4 Million in the year 2022, is projected to reach a revised size of US$978.5 Million by 2030, growing at a CAGR of 8.7% over the analysis period 2022-2030.

Equipment, one of the segments analyzed in the report, is projected to record 8.3% CAGR and reach US$585.9 Million by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 9.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $182.3 Million, While China is Forecast to Grow at 10.1% CAGR

The Ground Penetrating Radars market in the U.S. is estimated at US$182.3 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$145.3 Million by the year 2030 trailing a CAGR of 10.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.6% and 7.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.9% CAGR.

Select Competitors (Total 53 Featured) -

  • Chemring Group PLC
  • Exploration Instruments LLC
  • Geophysical Survey Systems, Inc.
  • GeoSearches Inc.
  • Ground Penetrating Radar Systems, LLC
  • Guideline Geo AB
  • Hilti Corp.
  • IDS Georadar s.r.l
  • Japan Radio Co. Ltd.
  • Leica Geosystems AG
  • Pipehawk PLC
  • Radiodetection Ltd.
  • Sensors & Software Inc.
  • SPX Corporation
  • Utsi Electronics Ltd.

Key Attributes:

Report AttributeDetails
No. of Pages381
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$502.4 Million
Forecasted Market Value (USD) by 2030$978.5 Million
Compound Annual Growth Rate8.7%
Regions CoveredGlobal

Key Topics Covered:




  • Ground Penetrating Radars - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Rise of Remote Sensing Technologies Provides the Foundation for Growth of Ground Penetrating Radars
  • The Never-Ending "Race" Between the Virus & Vaccines Continues. Amidst this Chaotic Battle, Where is the World Economy Heading Now & Beyond?
  • As Omicron Strain Fuels Fresh Waves of Infections Across the Globe, Mutating Coronavirus is the New Pandemic Challenge in 2022
  • With New Strains Emerging at an Alarming Rate, Focus Shifts to Booster Doses & Vaccine Tweaking. But How Practical Is It to Implement Them?
  • With Vaccinated Population Showing Signs of Declining Clinical Protection, Booster Doses Are Emerging Into a Necessity to Restore Vaccine Effectiveness, but this Strategy is Not Within Reach for Most Countries: Number of Booster Doses Administered Per 100 People by Country as of December 2021
  • At the Dawn of 2022, We Leave Behind Millions of Deaths Due to New Strains & Once Again Stare at an Impending Catastrophe
  • How & When Will the World Be Vaccinated? Global Number of Annual COVID-19 Vaccine Doses (In Million) for Years 2020 through 2025 by Geographic Region/Country
  • Split Scenarios Unfold: The Great Vaccine Divide Emerges
  • Vaccine Imbalances to Stretch the Pandemic Further into 2022: Global Percentage (%) of Population Administered With Vaccines by Region as of November 2021
  • Amid this Prolonged Pandemic, Why Should Businesses Care About Progress on Vaccinations?
  • With IMF Making an Upward Revision of Global GDP for 2022, Companies Are Bullish About an Economic Comeback Despite a Continuing Pandemic
  • A Strong Yet Exceedingly Patchy & Uncertain Recovery Shaped by New Variants Comes Into Play: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
  • Easing Unemployment Levels in 2021 & 2022 Although Moderate Will Infuse Hope for Industries Reliant on Consumer Discretionary Incomes: Global Number of Unemployed People (In Million) for Years 2019, 2020, 2021, and 2022
  • Ground Penetrating Radars: Definition, Importance, Benefits & Uses
  • Recent Market Activity



  • Expected Recovery in the Construction Sector to Open Up Opportunities for Ground Penetrating Radars
  • Recovering New Constructions & Renovations to Benefit Demand for GPRs: Global Construction Spending (In US$ Trillion) for the Years 2019, 2020, & 2021
  • Here's How GPRs Helps in Making Construction Projects Faster, Cheaper & Safer
  • Rise of Environmental Impact Assessment as a Tool for Sustainable Development Drives Opportunities for Ground Penetrating Radar
  • Sustainability Becomes More Important than Ever. Here's Why
  • EIA (Environmental Impact Assessment) Storms Into the Spotlight Generating Opportunity for GPRs
  • Healthy Defense Budgets Bodes Well for GPRs in Military Applications
  • Robust Defense Spending Opens Opportunities for Increased Investments in GPRs Technology : World Military Expenditure (In US$ Billion) for Years 2019, 2020 and 2021
  • Use of GPRs Technology in Military & Defense: A Review
  • Evergreen Importance of Archaeology Bodes Well for Ground Penetrating Radar
  • Aging Energy Infrastructure & Increased Investments in Underground Power Transmission & Distribution Utilities Drive Opportunities for GPRs in Utility Mapping Applications
  • Continuous Innovation in GPR Technology Bodes Well for Market Growth




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Global Market for Ground Penetrating Radars

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