Global Geotechnical Services Market 2022-2028
Geotechnics is the engineering subject that deals with the properties of soil (sand, silt and clay) in terms of construction technology, and assessment of slope stability and the risk of landslides. According to latest analysis by Gen Consulting Company, the global geotechnical services market was USD 1,947 million in 2021 and is expected to reach USD 2,889 million in 2028 and register a CAGR of 5.8% during the forecast period, 2022-2028.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global geotechnical services market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the geotechnical services industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product type, service, and region. The global market for geotechnical services can be segmented by product type: ground & foundation, slope & excavation, underground city space. The underground city space segment held the largest share of the global geotechnical services market in 2021 and is anticipated to hold its share during the forecast period. Geotechnical services market is further segmented by service: environmental planning and management, marine site characterization, site assessment and cleanup, site engineering and design, others. Based on region, the geotechnical services market is segmented into: North America, Asia Pacific, Europe, Rest of the World (ROW).
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