Lucintel Forecasts Ground Penetrating Radar Market To Grow At A Cagr Of 2%-4%

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According to the recent study the ground penetrating radar market is projected to grow at a CAGR of 2%-4% from 2020 to 2025. Growth in this market is primarily driven by benefits of ground penetrating radar system over other traditional technologies, increasing support from governments for deployment of ground penetrating radars, and growing concerns regarding safety and protection of underground utilities.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in ground penetrating radar market by function (anticaking agent, dedusting agent, antifoam agent, hydrophobic agent, corrosion inhibitors, coating agents, and others), form (prills, granules, powders, and others), application (urea, ammonium nitrate, diammonium phosphate, monoammonium phosphate, ammonium sulfate, triple superphosphate, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
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“Granules market is ...
... expected to remain the largest segment during the forecast period.”
Based on product type, the ground penetrating radar market is segmented into handheld systems, cart-based systems, and vehicle-mounted systems. Lucintel forecasts that the cart-based systems market is expected to remain the largest segment over the forecast period as it provides reliable and high resolution data about depths of subsurface.
“North America will dominate the ground penetrating radar market in near future”
North America is expected to be the largest region over the forecast period due to the increasing development in military, utility detection, transportation infrastructure.
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Major players of ground penetrating radar market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. IDS Georadar, Sensors & Software Inc., Guideline Geo, Chemring Group, Geophysical Survey Systems, Inc., Leica Geosystems, Radiodetection, Penetradar Corp., Utsi Electronics, Hilti, Pipehawk PLC, and Geoscanners are among the major ground penetrating radar providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/ground-penetrating-radar-market.aspx or helpdesk@lucintel.com
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Lucintel
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