According to Fortune Business Insights™, the global Ground Penetrating Radar Market was valued at USD 336.2 million in 2021 and is projected to grow from USD 367.3 million in 2022 to USD 612.6 million by 2029, exhibiting a CAGR of 7.58% during the forecast period. This robust growth trajectory is attributed to the rising demand for real-time subsurface imaging and the increasing integration of GPR systems in diverse applications, particularly in infrastructure development, defense, and utility detection sectors.

Competitive Landscape

The global GPR market is moderately fragmented, with several key players adopting strategies like strategic partnerships, product innovation, and geographic expansion to strengthen their market presence.

Key Companies Profiled:

• Chemring Group (U.K.)
• Geophysical Survey Systems Inc. (U.S.)
• Geoscanners (U.K.)
• Guideline Geo (Sweden)
• IDS GeoRadar (Italy)
• Israel Aerospace Industries Ltd. (Israel)
• Pipehawk Plc (U.K.)
• Raytheon Technologies Corporation (U.K.)
• Radiodetection Ltd. (U.K.)
• Saab AB (Sweden)
• Thales Group (France)

Source:

https://www.fortunebusinessinsights.com/ground-penetrating-radar-market-102600

Market Overview and Key Drivers