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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Fuel Cell Market size worth $25.5bn by 2024 Low Power Wide Area Network Geotechnical instrumentation and monitoring market share research by applications and regions for 2019-2025: Global Market Insights, Inc.
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com North America is expected to dominate the geotechnical instrumentation and monitoring market due to rising investments in infrastructure projects in the region. For instance, in February 2019, the U.S. Environmental Protection Agency (EPA) issued seven WIFIA loans to help finance over USD 4 billion in water infrastructure projects. These investments are directed toward accelerating the investments in water infrastructure to support the President’s Infrastructure Initiative. The rapid urbanization in the region is enabling the development of new infrastructure facilities. The development of these facilities is cost-effective and incurs no damage, thereby surging the demand for geotechnical instruments.geotechnical instrumentation and monitoring market Geotechnical Instrumentation and Monitoring Market is expected to show rapid growth over the forecast period due to rising investments in the infrastructure sector across the world, increase in government regulation regarding sustainable and safe soil structure, and rising awareness regarding the destruction of infrastructure occurring due to failure of geotechnical structures. The reduction in underground water levels in developing countries including India and China is another factor contributing significantly to the geotechnical instrumentation and monitoring market growth. The growing demand for safe and secure mining operations is also enabling the adoption of GTIM in mining companies. Overview of geotechnical instrumentation and monitoring market
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com The failure of geotechnical facilities due to excessive loads, construction deficiencies, and design errors can lead to life and financial hazards. GTIM helps in detecting such failures and reducing the hazards by issuing advanced warnings of an impending failure to allow people enough time to evacuate a place. It also helps financially to reduce the risk by decreasing chances of unexpected failure destroying a project. GTIM monitors the progress of geotechnical performance to control any construction activity. The data collected from GTIM instruments can be analyzed to build more economic design approaches including staged construction. Data from these instruments can also be utilized for permitting the operations of facilities to be utilized closer to the limits without causing any failure. These instruments also help in avoiding the wrong geotechnical assumptions in case of critical design structures and help in increasing the efficiency of their designs. GTIM helps in providing remedial methods to fix the failures related to geotechnical infrastructure. The in-performance monitoring ability of GTIM helps in reducing the time required to build a geotechnical infrastructure. These instruments can help in identifying the inflated third- party claims associated with the damage of geotechnical infrastructure. The high installation cost associated with GTIM can restrict the market growth. The lack of skilled labor required for the installation and calibration of geotechnical instruments can also hamper the geotechnical instrumentation and monitoring market growth. Continue…
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Research Report On geotechnical instrumentation and monitoring market @ https://bit.ly/2Yd4wkK Request for an in-depth table of contents for this report @ https://bit.ly/30EiGJr com/request-toc/upcoming/1797 https://bit.ly/30EiGJr
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com The companies operating in the geotechnical instrumentation and monitoring market are engaged in strategic acquisitions to expand their presence to newer markets as well as to strengthen their technological capabilities. For instance, in April 2017, Keller completed the acquisition of an instrumentation and monitoring company, GEO-Instruments. The company has a good presence in the U.S. market and supplies, manufactures, installs & integrates geotechnical monitoring systems for excavation, railways, buildings, dams, tunnels, slopes, and embankments. The acquisition was aimed at strengthening Keller’s global capabilities in geotechnical instrumentation and monitoring. Some of the key players operating in the geotechnical instrumentation and monitoring market are COWI A/S, Deep Excavation LLC, Durham Geo-Enterprises, Inc., Fugro N.V., GEI Consultants, Geocomp Corporation, Geokon Incorporated, Innovative Geotechnical Instrumentation, James Fisher and Sons, Keller Group, Monitoring Solution Providers Pte Ltd., Nova Metrix LLC, Petra Geosciences, Inc., Quantum Geotechnical, Sisgeo SRL, Wardle Drilling & Geotechnical Ltd., and WJ Groundwater Limited. Continue…
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Market research reports: Key analytical components Methodology
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