Global Ground Penetrating Radars Industry Research 2023-2024 and 2030 - Recovering New Constructions & Renovations to Benefit Demand for GPRs [Yahoo! Finance]
Lockheed Martin Corporation (LMT)
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Source: Yahoo! Finance
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 Ja
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