Market research

Geotechnical Instrumentation and Monitoring Market to be worth $3.3 billion Geotechnical Instrumentation refers to the instruments used to monitor geotechnical projects or sites requiring such monitoring. The geotechnical instrumentation & monitoring market was valued at US$1.986 billion in 2017 and is projected to expand at a CAGR of 9.24% over the forecast period to reach US$3.375 billion by 2023. Geotechnical instrumentation and monitoring are essential for the successful completion of a geotechnical project. Growing infrastructural investments across different countries all over the world, stringent regulations related to the building structures and raising awareness among the masses are the key driving factors contributing to the growth of the geotechnical and instrumentation monitoring market. Major industry players in the market are GEOKON incorporated, Deep Excavation LLC, Geocomp Corporation, Sisgeo S.r.l, James Fisher & Sons plc, Eustis Engineerin...