Geotechnical Engineering Market 2025-2029
The geotechnical engineering market is forecasted to grow by USD 1071.1 mn during 2024-2029, accelerating at a CAGR of 6.8% during the forecast period. The report on the geotechnical engineering market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by expansion of renewable energy sector, investment in public infrastructure project, and increased mining activities.
Technavio's geotechnical engineering market is segmented as below:
By Application
- Real estate
- Infrastructure
- Industrial
By Type
- Underground city space engineering
- Slope excavation engineering
- Ground foundation engineering
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the integration of ai in geotechnical engineering services as one of the prime reasons driving the geotechnical engineering market growth during the next few years. Also, launch of new applications associated with geotechnical engineering and popularity of seismic resilience will lead to sizable demand in the market.
The report on the geotechnical engineering market covers the following areas:
- Geotechnical Engineering Market sizing
- Geotechnical Engineering Market forecast
- Geotechnical Engineering Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading geotechnical engineering market vendors that include AECOM, AtkinsRealis Group Inc, Bechtel Corp., Black and Veatch Holding Co., Fluor Corp., Global Geotechnical Consultants LLC, Haley and Aldrich, HDR Inc., Jacobs Solutions Inc., Kiewit Corp., Laing O Rourke, Stantec Inc., Terracon Consultants Inc., Tetra Tech Inc., and WSP Global Inc.. Also, the geotechnical engineering market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.