Dublin, April 18, 2024 (GLOBE NEWSWIRE) -- The "Ground Penetrating Radars - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Ground Penetrating Radars Market to Reach $978.5 Million by 2030
The global market for Ground Penetrating Radars estimated at US$538.7 Million in the year 2023, is projected to reach a revised size of US$978.5 Million by 2030, growing at a CAGR of 7.7% over the analysis period 2023-2030.
Ground Penetrating Radars Equipment, one of the segments analyzed in the report, is projected to record 7.4% CAGR and reach US$585.9 Million by the end of the analysis period. Growth in the Services segment is estimated at 8.2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $195.3 Million, While China is Forecast to Grow at 8.9% CAGR
The Ground Penetrating Radars market in the U.S. is estimated at US$195.3 Million in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$145.3 Million by the year 2030 trailing a CAGR of 8.9% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.8% and 7% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 7% CAGR.
Key Attributes:
Report Attribute | Details |
No. of Pages | 381 |
Forecast Period | 2023 - 2030 |
Estimated Market Value (USD) in 2023 | $538.7 Million |
Forecasted Market Value (USD) by 2030 | $978.5 Million |
Compound Annual Growth Rate | 7.7% |
Regions Covered | Global |
MARKET OVERVIEW
MARKET TRENDS & DRIVERS
FOCUS ON SELECT PLAYERS(Total 53 Featured)
For more information about this report visit https://www.researchandmarkets.com/r/5373k3
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900