The global ground penetrating radar (GPR) market, valued at USD 340 million in 2023, is projected to reach USD 453 million by 2027, growing at a compound annual growth rate (CAGR) of 7.5% from 2022 to 2027. This growth is driven by increasing demand for GPR technology in various applications, including utility safety, infrastructure development, and military operations.

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Market Segmentation
By Product Type, Handheld GPR Systems

Handheld GPR systems are particularly useful for concrete inspection, capable of locating rebars, conduits, and voids, and determining concrete slab thickness. These systems are compact, lightweight, and easy to maneuver, making them ideal for use in tight spaces or above-head survey locations. Major providers of handheld GPR systems include Hexagon AB, SPX Corporation, and Geophysical Survey Systems, Inc.

By Application, Transportation Infrastructure

The transportation infrastructure segment is expected to grow at the highest CAGR during the forecast period. GPR technology is used for nondestructive evaluation of bridge decks, pavement scanning, and detecting sinkholes and voids. The demand for condition assessment of highways, railways, bridges, and tunnels is driving the growth of GPR applications in this sector.

Regional Analysis, Asia Pacific: Fastest Growing Region

The GPR market in Asia Pacific is projected to grow at the highest CAGR from 2022 to 2027. Rapid structural development in countries like China and Japan, coupled with significant investments in transportation and railway infrastructure, is fueling market growth. Additionally, the region's susceptibility to natural disasters necessitates real-time monitoring and inspection of structures, further driving the demand for GPR technology.

Key Market Players
Prominent companies in the GPR market include:

Hexagon AB (Sweden)
SPX Corporation (US)
Geophysical Survey Systems, Inc. (US)
Guideline Geo (Sweden)
Chemring Group PLC (UK)