The geotechnical instrumentation and monitoring market is experiencing growth according to a report of the market research company, P&S Intelligence. The major reason behind the development of this industry is the growing construction sector throughout the world.

Furthermore, snowballing government initiatives to develop sustainable infrastructure and rapid urbanization are also contributing toward the growth of the market.

Due to economic growth in several developing countries and rapid urbanization, the construction industry is growing at the massive rate. The construction industry is projected to reach a value of $15.5 trillion by 2030, India, China and the U.S. are majorly responsible for this growth.

The geotechnical instrumentation and monitoring market is divided into services, hardware and software. Among these the services category the highest revenue in the past. This can be credited to the increasing demand for such services for constant monitoring of critical structures in the power and energy sector.

Furthermore, there has been an increased concentration on monitoring of the old structures like dams, credited to the guidelines laid down by governments, keeping in mind the protection of wildlife and humans in the areas around these structures.

The market is divided into two categories: wired and wireless. Among these, the wired category held the larger revenue share in the past. This can be ascribed to the increased dependability and lower latency provided by wired networks. Also, wired network is less exposed to radio interference in comparison to wireless networks.

North America led the industry in in the past. The major reason for the dominance of this region was high penetration of geotechnical instrumentation technology, in addition, there are large number of planned and under-construction infrastructure projects in the region.

Moreover, countries in this region have strict government guidelines for infrastructure expansion, which enforces the usage of geotechnical instruments to monitor the health of the buildings in the region.

A key trend experienced in the market is the snowballing integration of the MEMS technology in geotechnical instrumentation and monitoring devices, which is majorly driven by the growing usage of IoT technologies in several applications.

The usage of MEMS technology-supported accelerometer for in situ deformation and vibration monitoring are snowballing. In these setups, sensors are located at definite locations to get data and in-place inclinometers are used for the optimization of data to get the ground deformation and acceleration profiles in the depth of up to 100 meters.

Therefore, the growing construction sector throughout the world and economic growth in developing countries and rapid urbanization will drive the geotechnical instrumentation and monitoring industry in the future, all over the world.