Market Share of Ground Penetrating Radar Industry
The major players in the market are Sensors & Software Inc., IDS GeoRadarhave, Guideline Geo, Leica Geosystems AG, Penetradar Corp., Utsi Electronics Ltd, and others. The market is dominated by these players, hence the market is consolidated. Therefore, market concentration is high.
- March 2020 - Worldsensing and IDS GeoRadar have cooperated and launched the most comprehensive mine safety monitoring system. This integrated system, the first in the world, offers surface, sub-surface and geospatial monitoring in a single package. The joint solution will simplify data management using HxGN GeoMonitoring Hub integrated visualization and analysis platform, delivered through IDS GeoRadar.
- October 2019 - Guideline Geo has launched the MALÅ AI, the world's first real AI technology for the interpretation of GPR data. The real-time AI will enable automatic detection, warnings, avoidance. For instance, in utility locating MALÅ AI will instantly analyze the GPR data and will mark the detected objects with a red square to warn the user and help to avoid damaging important infrastructure such as fibre, power cables or gas lines.
- February 2019 - SPX Corporation has completed the acquisition of the Sabik Marine and obstruction lighting business of Carmanah Technologies Corporation. The company will leverage Sabik's highly-engineered technology and products to expands and strengthens its position.
Ground Penetrating Radar Market Leaders
-
IDS Georadar
-
Sensors & Software Inc.
-
Guideline Geo
-
Chemring Group
-
Geophysical Survey Systems, Inc. (GSSI)
*Disclaimer: Major Players sorted in no particular order
