Ground Investigation Market by Offerings, Investigation Techniques, Application, End-User

Description

List of Tables

[199 Pages Report] The Ground Investigation Market size was estimated at USD 64.60 billion in 2023 and expected to reach USD 69.62 billion in 2024, at a CAGR 8.08% to reach USD 111.34 billion by 2030.

Ground investigation, known as geotechnical investigation, is a critical process in the planning and development of construction projects. This systematic study is conducted to assess the physical properties of the soil and rock beneath a site to ensure stability, safety, and the feasibility of proposed construction projects. Ground Investigations are essential in determining the engineering properties of subsurface materials and identifying potential risks such as soil contamination, groundwater conditions, and geohazards. Growth in the ground investigation market is propelled by global urbanization, infrastructural development, and heightened environmental regulations. However, the high costs of advanced equipment & technologies, along with the environmental & regulatory constraints, restrict certain investigative practices. Furthermore, technological advancements in investigative tools and methodologies offering more precise, time-efficient, and cost-effective solutions pose significant opportunities for market growth.

KEY MARKET STATISTICS
Base Year [2023]	USD 64.60 billion
Estimated Year [2024]	USD 69.62 billion
Forecast Year [2030]	USD 111.34 billion
CAGR (%)	8.08%

Regional Insights

The Americas, consisting primarily of the United States and Canada, represent a significant share of the global market. In the United States, there are increasing investments in infrastructure developments along with a high demand for technology-sustainable products. Canada shares similar infrastructure development but with a stronger focus on sustainability and environmental products. The European Union (EU) is characterized by high levels of market integration and regulatory consistency across member countries. Consumer behavior in the EU leans heavily towards eco-friendly and sustainable products, with a robust regulatory environment supporting this. The Middle East shows strong demand for oil & gas, infrastructure development, and the energy & power sector. The APAC region, encompassing China, Japan, and India, showcases diverse consumer behavior and market needs. The government's focus on smart city projects while ensuring the structural integrity and longevity of construction drives the demand for ground investigation solutions in the region.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Ground Investigation Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers
- Urban expansion and rise in redevelopment projects
- Rising investments in sustainable energy infrastructure

Market Restraints
- High costs associated with advanced ground investigation techniques

Market Opportunities
- Integration of advanced technologies in ground investigation methods
- Emerging trend towards smart cities and green construction

Market Challenges
- Lack of skilled operators for installation and calibration of ground investigation solutions

Market Segmentation Analysis
- Offerings: Growing significance of software solutions for transforming data into actionable insights
- End-User: Rising demand for ground investigation in energy and power sector with a trend towards sustainability

Market Disruption Analysis
Porter's Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Ground Investigation Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Ground Investigation Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Soil Instruments Releases New Geotechnical Data Monitoring Software

Soil Instruments has introduced its cutting-edge Sensly data monitoring software, heralding it as a transformative advancement in managing geotechnical data. Engineered to function on a robust cloud-based platform, Sensly is designed to facilitate an intuitive, efficient experience adaptable to users with diverse proficiency levels. The platform distinguishes itself through its capability to customize dashboards and charts, enabling a tailored view of critical project data. Moreover, Sensly is complemented by user-friendly blueprints to streamline setup, ensuring a seamless transition for users familiar with the previous Argus platform. [Published On: 2023-11-01]

Fugro Wins Ground Investigation Contract for Coire Glas Pumped Storage

Fugro secured a contract to conduct ground investigations for SSE Renewables' ambitious Coire Glas hydro-pumped storage project, which has a proposed capacity of 1.5 GW. This contract underscores the project's scale and potential as a landmark infrastructure project, being the UK's first pumped hydro storage scheme to break ground in four decades. Fugro's comprehensive site analysis aims to play a pivotal role in mapping out the terrain, enabling a detailed assessment of any underlying geological challenges and ensuring informed planning and decision-making as the project progresses into its subsequent phases. [Published On: 2023-03-29]

Geosyntec Expands Client Services for Offshore Geosciences with Acquisition of Geoscience Earth and Marine Services

Geosyntec announced the strategic acquisition of Geoscience Earth and Marine Services (GEMS), a distinguished marine geology, archaeology, and geotechnical engineering consultancy. This acquisition enhances Geosyntec's portfolio by incorporating GEMS' expertise in offshore surveying, the identification and mitigation of geohazards, as well as in engineering and permitting initiatives. [Published On: 2023-02-20]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Ground Investigation Market. This critical assessment involves a thorough analysis of the organization's resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Ground Investigation Market, highlighting leading vendors and their innovative profiles. These include ABL Group, AECOM Technology Corporation, ALIOS Geotechnical, Bachy Soletanche Group Ltd., Bechtel Corporation, Black & Veatch Holding Company, Central Business Information Limited, Earth Environmental & Geotechnical Ltd., Fastrack Site Investigations Ltd., Fluor Corporation, Fugro, G.E.O.S. Engineering Company Ltd., Ground Investigation Ltd., Haley & Aldrich, Inc., Igne, Jacobs Engineering Group, Jorgensen Associates, Inc., KBR Inc., Kiewit Corporation, MC Squared, LLC, OCB Geotechnical Ltd, PT Geotekindo, SGS S.A., Sika Group, SOCOTEC UK, Solmek Ltd., Structural Soils Ltd., Taratest Oy, Technics Group, and WSP Global Inc..

Market Segmentation & Coverage

This research report categorizes the Ground Investigation Market to forecast the revenues and analyze trends in each of the following sub-markets:

Offerings
- Hardware
- Services
- Software

Investigation Techniques
- Boreholes
- Cone Penetration Testing
- Geophysical Methods
- In-situ Testing
- Trial Pits & Trenches

Application
- Environmental Monitoring
- Gas Protection Measures
- Geotechnical Monitoring
- Radon Monitoring
- Remediation Designs
- Slope Stability Assessment

End-User
- Buildings & Infrastructure
- Energy & Power
- Mining
- Oil & Gas

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

Product Code: MRR-757B1C9CB09F

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Urban expansion and rise in redevelopment projects
  - 5.1.1.2. Rising investments in sustainable energy infrastructure
- 5.1.2. Restraints
  - 5.1.2.1. High costs associated with advanced ground investigation techniques
- 5.1.3. Opportunities
  - 5.1.3.1. Integration of advanced technologies in ground investigation methods
  - 5.1.3.2. Emerging trend towards smart cities and green construction
- 5.1.4. Challenges
  - 5.1.4.1. Lack of skilled operators for installation and calibration of ground investigation solutions
5.2. Market Segmentation Analysis
- 5.2.1. Offerings: Growing significance of software solutions for transforming data into actionable insights
- 5.2.2. End-User: Rising demand for ground investigation in energy and power sector with a trend towards sustainability
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Ground Investigation Market, by Offerings

6.1. Introduction
6.2. Hardware
6.3. Services
6.4. Software

7. Ground Investigation Market, by Investigation Techniques

7.1. Introduction
7.2. Boreholes
7.3. Cone Penetration Testing
7.4. Geophysical Methods
7.5. In-situ Testing
7.6. Trial Pits & Trenches

8. Ground Investigation Market, by Application

8.1. Introduction
8.2. Environmental Monitoring
8.3. Gas Protection Measures
8.4. Geotechnical Monitoring
8.5. Radon Monitoring
8.6. Remediation Designs
8.7. Slope Stability Assessment

9. Ground Investigation Market, by End-User

9.1. Introduction
9.2. Buildings & Infrastructure
9.3. Energy & Power
9.4. Mining
9.5. Oil & Gas

10. Americas Ground Investigation Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Ground Investigation Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Ground Investigation Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
- 13.3.1. Soil Instruments Releases New Geotechnical Data Monitoring Software
- 13.3.2. Fugro Wins Ground Investigation Contract for Coire Glas Pumped Storage
- 13.3.3. Geosyntec Expands Client Services for Offshore Geosciences with Acquisition of Geoscience Earth and Marine Services
13.4. Strategy Analysis & Recommendation

14. Competitive Portfolio

14.1. Key Company Profiles
14.2. Key Product Portfolio