Portland, OR, May 03, 2022 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the global ground penetrating radar market generated $0.5 billion in 2020, and is expected to reach $1.1 billion by 2030, witnessing a CAGR of 8.2% from 2021 to 2030. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.
Benefits of ground penetrating radar (GPR) systems over traditional technologies such as radiography, rise in concerns related to safety & protection of underground utilities, and demand for a wide range of applications such as transportation infrastructure, concrete investigation, disaster inspection, municipal inspection, geology & environment, and archaeology drive the growth of the global ground penetrating radar market. However, lack of skilled workforce for operating GPR equipment restraint the market growth. On the other hand, modernization of existing infrastructure presents opportunities in the next few years.
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- Owing to lockdown restrictions imposed in many countries, there were interruptions in manufacturing activities. Moreover, disruptions in the supply chain led to shortage of raw materials. This factor also impacted manufacturing activities.
- The demand for applications such as…