Theย geotechnical construction services market size is projected to reach US$ 3.83 billion by 2031 from US$ 2.32 billion in 2023. The market is expected to register a CAGR of 6.47% in 2023โ2031. Geotechnical services are also employed in the oil & gas and mining industries in addition to construction. The geotechnical services market is majorly driven by the large sum of money invested by government bodies in construction activities in emerging economies. Furthermore, in the approaching years, advances in oil and gas projects are expected to benefit the geotechnical instrumentation and monitoring industry.
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Top Key Major Players:
- Arup
- EGS
- Fugro
- Gardline Limited
- Geosyntec Consultants, Inc.
- HDR
- Kiewit Corporation
- Stantec Inc.
- Wagman, Inc.
- WSP