Insights Into The Global Geotechnical Services Market 2022-2031 Forecast Period
The Business Research Company’s Geotechnical Services Global Market Report 2022: Market Size, Trends, And Forecast To 2026
LONDON, GREATER LONDON, UK, October 20, 2022 /EINPresswire.com/ — As per The Business Research Company’s “Geotechnical Services Global Market Report 2022”, the geotechnical services market size is expected to grow from $1.92 billion in 2021 to $2.10 billion in 2022 at a compound annual growth rate (CAGR) of 9.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The market is expected to reach $2.70 billion in 2026 at a CAGR of 6.4%. The rising investments in wind energy are expected to propel the growth of the geotechnical services market going forward.
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Key Trends In The Geotechnical Services Market
Technological advancement is a key trend gaining popularity in the geotechnical services market. Technological advancement is a discovery of knowledge that advances technology.
Overview Of The Geotechnical Services Market
The geotechnical services market consists of sales of geotechnical services by entities (organizations, sole traders, and partnerships) that involve the study of materials present under the earth’s surface. It is a branch of civil engineering and is used in planning infrastructures such as tunnels and bridges and other onshore and offshore constructions. It also includes specialist fields such as soil and rock mechanics, geophysics, hydrogeology, and associated disciplines such as geology.
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Geotechnical Services Global Market Report 2022 from TBRC covers the following information:
Market Size Data
• Forecast period: Historical and Future
• By region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• By countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Market Segmentation
• By Product Type: Underground City Space Engineering, Slope And Excavation Engineering, Ground And Foundation Engineering
• By Networking Technology: Wired, Wireless
• By Application: Municipal Engineering, Hydraulic Engineering, Bridge And Tunnel Engineering, Mining Engineering, Marine Engineering, National Defense Engineering, Building Construction, Others
• By Geography: The global geotechnical services market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America holds the largest share in the market.
Major market players such as AECOM, AMEC Engineering, Arup Group, Bechtel Group, CH2M HILL, Fugro, Gardline Limited, Geoquip Marine Group, HDR Inc, Jacobs Engineering Group, Kiewit Corporation, Stantec, Tetra Tech, Turner Construction and WSP Global.
Trends, opportunities, strategies and so much more.
Geotechnical Services Global Market Report 2022 is one of The Business Research Company’s comprehensive reports that provides geotechnical services global market overview. The market report gives geotechnical services global market analysis, geotechnical services global market size, geotechnical services global market growth drivers, geotechnical services global market segments, geotechnical services global market major players, geotechnical services global market growth across geographies, geotechnical services global market trends and geotechnical services global market competitors’ revenues and market positioning. The geotechnical services market report enables you to gain insights on opportunities and strategies, as well as identify countries and segments with the highest growth potential.
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