Global Ground Penetrating Radar (GPR) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Ground Penetrating Radar (GPR) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Ground penetrating radar (GPR) is an instrument that helps in surveying the ground by detecting electromagnetic contrasts under the surface. It is a non-intrusive investigation method to locate underground utilities like pipelines, cables, and metals, among others. This radar uses electromagnetic radiations and detects objects through the reflected signals. These radars can be used on multiple surfaces such as soil, water, and ice, among others. In the right conditions, practitioners can use GPR to detect subsurface objects, changes in material properties, and voids and cracks

Market Overview:

The latest research study on the global Ground Penetrating Radar (GPR) market finds that the global Ground Penetrating Radar (GPR) market reached a value of USD 132.14 million in 2022. It’s expected that the market will achieve USD 193.69 million by 2028, exhibiting a CAGR of 6.58% during the forecast period.

Shutdown of Mine Sites During COVID-19 to Impact Ground Penetrating Radar Market Trends

The novel coronavirus outbreak has had an immediate impact on the economies and industry verticals worldwide, including mining. The economic crisis and lack of personnel have influenced several mining businesses to close their direct mine sites. Several restrictions had also been implemented to ensure the health and safety of the local communities and employees, which could create an indirect impact on the GPR market outlook.

Increasing demand

The major key factors driving the growth of this market are concerns related to the safety and protection of underground utilities, advantages of GPR systems over other traditional technologies, and government support for the deployment of GPRs, among others. Underground cables and pipelines are essential to contemporary infrastructure and it is important that such underground assets, such as electrical, telecommunications fiber optic cables, water & sewage pipelines, and gas pipelines are protected from future digs. If these assets are not protected then it can result in major disasters such as electric arcs. The market for ground penetrating radar system is thus, continuously growing on a global level to protect these properties. Besides, the escalating usage of GPR to map and discover underground utilities and potential hazards provides a safe construction and excavation environment. California-based ExceeD GPR & Locating, for example, combines radio detection equipment with the UtilityScan Pro ground penetrating radar system to help real estate agents and other clients locate underground infrastructure. Moreover, it is extremely accurate, non-destructive, and easy to operate are the major drivers which help in surging the growth of the ground penetrating radar (GPR) market.

Stiff competition

With major manufacturers and suppliers in the ground penetrating radar industry competing globally, the intensity of competition within the ground penetrating radar industry has increased. The vendors adopt strategies like price competitions to stay competitive in the market. Meanwhile, the local vendors in developing nations are providing tough competition to the global players based on product pricing. The fierce competition is not conducive to the sustainable development of the industry. At the same time, small companies or small retailers enter the business consequently. However, this leads to the proliferation of sub-standard or duplicate products which then hampers the competitive scenario in the market as established ground penetrating radar manufacturers are compelled to lower the price of their products, which ultimately impacts their profit margins and sales volumes. The fierce competition is not conducive to the sustainable development of the industry

Region Overview:

In global comparison, a significant portion of the revenue was generated in North America (46.36% in 2021).

Company Overview:

GSSI is one of the major players operating in the Ground Penetrating Radar (GPR) market, holding a share of 21.21% in 2022.

GSSI

GSSI is an internationally respected corporation known for the technological advancements in the geophysical, archaeological, forensics, infrastructure, public works and transportation industries. Geophysical Survey Systems, Inc. (GSSI) is the world leader in the development of ground penetrating radar. With cutting-edge products designed to address the most challenging applications, the GSSI name has become synonymous with accuracy, quality and reliability.

IDS GeoRadar

IDS GeoRadar provides products and solutions for geophysical, mining, civil engineering and security applications. Founded in 1980 as part of IDS Ingegneria dei Sistemi in Pisa, Italy, the company was recently acquired by Hexagon. Through a continuous commitment to research & development, IDS GeoRadar provides professionals with innovative products using state-of-the-art technologies and novel solutions. Over the years, the company has pioneered radar technologies for civil applications as breakthrough products in this domain. IDS GeoRadar has long been a major player in research into GPR.

Segmentation Overview:

Among different product types, Cart Based Ground Penetrating Radar segment is anticipated to contribute the largest market share in 2027.

Handheld Ground Penetrating Radar

The Handheld Ground Penetrating Radar will increase by applications of hand-held GPR in the construction industry for tracing rebar, conduits, post-tension cables & voids, and control concrete slab thickness in real-time.

Cart Based Ground Penetrating Radar

Cart Based Ground Penetrating Radar leads the total Ground Penetrating Radar (GPR) due to increasing its application in geophysical surveys, underground infrastructure mapping, unexploded ordnance (UXO), and mine detection.

Application Overview:

The market's largest segment by application is the segment Transport and Road Inspection, with a market share of 43.36% in 2021.

Key Companies in the global Ground Penetrating Radar (GPR) market covered in Chapter 3:

MALA
IDS GeoRadar
JRC
ChinaGPR
KEDIAN Radar
Chemring Group
GSSI
Utsi Electronics
Radiodetection (Include SSI)
US Radar
GEOTECH

In Chapter 4 and Chapter 14.2, on the basis of types, the Ground Penetrating Radar (GPR) market from 2018 to 2029 is primarily split into:

Handheld Ground Penetrating Radar
Cart Based Ground Penetrating Radar

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Ground Penetrating Radar (GPR) market from 2018 to 2029 covers:

Transport and Road Inspection
Municipal Inspection
Disaster Inspection
Archeology
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)