Global Cone Penetrometer demand is anticipated to be valued at US$ 24.1 Billion in 2022, forecast to grow at a CAGR of 3.2% to be valued at US$ 33 Billion from 2022 to 2032.
Report Attribute | Details |
---|---|
Estimated Base Year Value (2021) | US$ 23.7 Billion |
Expected Market Value (2022) | US$ 24.1 Billion |
Anticipated Forecast Value (2032) | US$ 33 Billion |
Projected Growth Rate (2022 to 2032) | 3.2% CAGR |
Cone penetrometers provide a continuous and accurate profile of soil stratification. This tool is useful for learning about granular and cohesive soils. Cone data provides a continuous profile of shear strength in cohesive soils and eliminates strength anomalies caused by the sampling process. In granular soils, the cone is more important because it is the only tool available that can provide reliable density information.
The cone penetrometer is the foundation of a number of tools and equipment we have available for onshore and offshore soil surveys. A cone-tipped probe, or penetrometer, is pushed into the soil at a constant rate of penetration to obtain cone resistance, sleeve friction, and pore pressure. The cone penetrometer is the foundation of a number of tools and equipment we have available for onshore and offshore soil surveys.
A cone-tipped probe, or penetrometer, is pushed into the soil at a constant rate of penetration to obtain cone resistance, sleeve friction, and pore pressure. Over the forecast period, the arrival of the digital cone penetrometer is expected to drive significant growth in the cone penetrometer market. This is due to the fact that the use of a digital cone penetrometer simplifies the testing procedure.
Furthermore, the results obtained by the digital cone penetrometer are not dependent on the design of the apparatus or the operator's judgment. Furthermore, the digital cone penetrometer test is applicable to a wide range of soil, ensuring that the cone penetrometer market expands.
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The growing use of cone penetrometer technology for unconsolidated sediment sites is expected to drive significant growth in the cone penetrometer market during the forecast period. The cone penetrometer is expected to find new applications in areas with rock or cemented layers and large boulders.
The increasing use of digital cone penetrometers, on the other hand, due to their wide range of applications, is expected to ensure significant growth for the cone penetrometer market during the forecast period.
The use of a cone penetrometer is expected to be difficult due to the high soil density. Some of the sensors in the cone penetrometer may be hampered by lens fouling as a result of a dust reaction. During the forecast period, such factors will pose challenges to the growth of the cone penetrometer market.
The Asia Pacific cone penetrometer market is expected to grow moderately due to the increasing use of cone penetrometers in educational laboratories to promote practical education given to students.
According to Future Market Insights, Because of the region's increased R&D on soil testing, North America is expected to provide significant growth for the cone penetrometer market.
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Some of the key participants present in the global Cone Penetrometer market include Cooper Technology, Gilson Company, Durham Geo Slope Indicator (DGSI), CAPCO Test Equipment, Geotest Equipments, Humboldt and ACME Scientific among others.
Attributed to the presence of such high number of participants, the market is highly competitive.
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 3.2% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2015 to 2020 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered | Type, Method Type, Service Type, Application, Stockholders, Region |
Regions Covered | North America; Latin America; Western Europe; Eastern Europe; SEA & APAC; Japan; China; Middle East & Africa |
Key Countries Profiled | USA, Canada, Brazil, Mexico, Germany, UK, France, Spain, Italy, Nordics, BENELUX, Poland, Russia, Australia & New Zealand, China, India, ASEAN, GCC, South Africa |
Key Companies Profiled | Cooper Technology; Gilson Company; Durham Geo Slope Indicator (DGSI); CAPCO Test Equipment; Geotest Equipments; Humboldt; ACME Scientific |
Customization | Available Upon Request |
FMI projects the global Cone Penetrometer market to expand at a 3.2% value CAGR by 2032
North America is expected to be the most opportunistic Cone Penetrometer market.
Cooper Technology, Gilson Company, Durham Geo Slope Indicator (DGSI), CAPCO Test Equipment, Geotest Equipments, Humboldt and ACME Scientific are some prominent Cone Penetrometer manufacturers.
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. By Type 6.2. By Method Type 6.3. By Service Type 6.4. By Application 6.5. By Stockholders 7. Global Market Analysis and Forecast, By Type 7.1. Hand Operated Cone Penetrometer 7.2. Self Start Static Penetrometer 8. Global Market Analysis and Forecast, By Method Type 8.1. Digital method 8.2. Casagrande method 8.3. Others 9. Global Market Analysis and Forecast, By Service Type 9.1. Cone Penetrometer for Calibration Services 9.2. Cone Penetrometer for Repair Services 9.3. Cone Penetrometer for Other Service Types 10. Global Market Analysis and Forecast, By Application 10.1. Cone Penetrometers in Educational Laboratories 10.2. Cone Penetrometers in Research Institutes 10.3. Cone Penetrometers for Other Applications 11. Global Market Analysis and Forecast, By Stockholders 11.1. Cone Penetrometers for Manufacturers 11.2. Cone Penetrometers for Distributors/Traders/Wholesalers 11.3. Cone Penetrometers for Subcomponent Manufacturers 11.4. Cone Penetrometers for Industry Associations 11.5. Cone Penetrometers for Downstream Vendors 11.6. Cone Penetrometers for Other Stockholders 12. Global Market Analysis and Forecast, By Region 12.1. North America 12.2. Latin America 12.3. Western Europe 12.4. Eastern Europe 12.5. SEA & APAC 12.6. Japan 12.7. China 12.8. Middle East & Africa 13. North America Sales Analysis and Forecast, by Key Segments and Countries 14. Latin America Sales Analysis and Forecast, by Key Segments and Countries 15. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 16. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 17. SEA & APAC Sales Analysis and Forecast, by Key Segments and Countries 18. Japan Sales Analysis and Forecast, by Key Segments and Countries 19. China Sales Analysis and Forecast, by Key Segments and Countries 20. Middle East & Africa Sales Analysis and Forecast, by Key Segments and Countries 21. Sales Forecast by Type, By Method Type, By Service Type, By Application, and By Stockholders for 30 Countries 22. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 23. Company Profile 23.1. Cooper Technology 23.2. Gilson Company 23.3. Durham Geo Slope Indicator (DGSI) 23.4. CAPCO Test Equipment 23.5. Geotest Equipments 23.6. Humboldt 23.7. ACME Scientific
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