Europe Geotechnical Construction Services Market

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028

Analysis By Type (Underground City Space, Slope and Excavation, and Ground and Foundation) and Service (Marine Site Characterization, Site Assessment and Cleanup, Site Engineering and Design, Environmental Planning and Management, and Others)


No. of Pages: 110    |    Report Code: TIPRE00028828    |    Category: Manufacturing and Construction

Europe Geotechnical Construction Services Market
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The Europe geotechnical construction services market is expected to grow from US$ 319.83 million in 2021 to US$ 414.07 million by 2028; it is estimated to grow at a CAGR of 3.8% from 2021 to 2028.

 

Minerals are the backbone of human civilization as their use in different applications propelled the development of human civilization. Mineral and products made from minerals are used across industries such as power generation, manufacturing, chemical and petrochemical, healthcare & pharmaceutical, and construction. Setting up a mining site requires geotechnical and earthworks design expertise for surface and underground mapping; underground support analysis; stope, shaft, decline, drift, and tunnel designing; subsidence studies; shaft and drift investigation and designing; geological outcrop mapping; surface geophysical surveys; clean water, industrial, and tailings disposal dams designing; and others. Currently, coal, gold, iron ore, aluminum, and copper are among the most mined minerals due to their vast industrial use. Further, the aggregate revenue of the top 40 mining companies increased steadily from 2016 to 2019. However, in 2020, the outbreak of COVID-19 led to a fall in revenues. Further, with the elevating rate of urbanization and the growing need for energy, the demand for minerals is rising significantly. Such a growing need for minerals is supporting the proliferation of the mining industry, thereby propelling the Europe geotechnical construction services market growth.

 

In UK, Europe got adversely affected by the COVID-19 pandemic.. The region is expected to suffer an economic hit due to the lack of revenue from various industries. Additionally, with the outbreak of another variant of COVID-19 in the UK, geotechnical construction services manufacturing is expected to get hampered. The region is a significant manufacturing and industrial hub for sectors such as healthcare, aviation, manufacturing, automotive, and energy & power. However, due to the COVID-19 outbreak, many businesses in Europe are facing financial challenges as they had to reduce their activities substantially, owing to the lack of workforce, government-imposed restrictions, and decrease in sales. However, because of increase in construction activities, and following an active lifestyle, there is a demand for geotechnical construction services in the residential sector for several projects. During this time when the COVID-19 pandemic is crippling various industries, public construction has been one of the few industries that has been maintained to some extent. Although activity will likely continue in the short-term, the work is expected to halt soon given various factors including supply chains disruption, shortage of subcontractors and materials, and the termination of contracts to control expenses. These factors have negatively impacted Europe's geotechnical construction services market.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe geotechnical construction services market. The Europe geotechnical construction services market is expected to grow at a good CAGR during the forecast period. 

 

Europe Geotechnical Construction Services Market

Revenue and Forecast to 2028 (US$ Million)


Europe Geotechnical Construction Services Market Revenue and Forecast to 2028 (US$ Million)
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Europe Geotechnical Construction Services Strategic Insights

Strategic insights for the Europe Geotechnical Construction Services provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Europe Geotechnical Construction Services Report Scope

Report Attribute Details
Market size in 2021 US$ 319.83 Million
Market Size by 2028 US$ 414.07 Million
Global CAGR (2021 - 2028) 3.8%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Type
  • Underground City Space
  • Slope and Excavation
  • Ground and Foundation
By Service
  • Marine Site Characterization
  • Site Assessment and Cleanup
  • Site Engineering and Design
  • Environmental Planning and Management
Regions and Countries Covered Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Market leaders and key company profiles
  • Arup
  • EGS
  • Fugro
  • Gardline Limited
  • Geosyntec Consultants, Inc.
  • HDR
  • Stantec Inc.
  • WSP
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    Europe Geotechnical Construction Services Regional Insights

    The geographic scope of the Europe Geotechnical Construction Services refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    Europe Geotechnical Construction Services Market Segmentation
           

    Europe Geotechnical Construction Services Market – By Type

    • Underground City Space
    • Slope and Excavation
    • Ground and Foundation

    Europe Geotechnical Construction Services Market – By

    Service

    • Marine site Characterization
    • Site Assessment and Cleanup 
    • Site Engineering and Design
    • Environmental Planning and Management
    • Others    

    Europe Geotechnical Construction Services Market, by Country

    • Germany
    • France   
    • Italy
    • Russia
    • UK
    • Rest of Europe

    Europe Geotechnical Construction Services Market - Companies Mentioned

    • Arup
    • EGS
    • Fugro
    • Gardline Limited
    • Geosyntec Consultants, Inc.
    • HDR
    • Stantec Inc.
    • WSP

    The List of Companies - Europe Geotechnical Construction Services Market

    1. Arup
    2. EGS
    3. Fugro
    4. Gardline Limited
    5. Geosyntec Consultants, Inc.
    6. HDR
    7. Stantec Inc.
    8. WSP
    Frequently Asked Questions
    How big is the Europe Geotechnical Construction Services Market?

    The Europe Geotechnical Construction Services Market is valued at US$ 319.83 Million in 2021, it is projected to reach US$ 414.07 Million by 2028.

    What is the CAGR for Europe Geotechnical Construction Services Market by (2021 - 2028)?

    As per our report Europe Geotechnical Construction Services Market, the market size is valued at US$ 319.83 Million in 2021, projecting it to reach US$ 414.07 Million by 2028. This translates to a CAGR of approximately 3.8% during the forecast period.

    What segments are covered in this report?

    The Europe Geotechnical Construction Services Market report typically cover these key segments-

    • Type (Underground City Space, Slope and Excavation, Ground and Foundation)
    • Service (Marine Site Characterization, Site Assessment and Cleanup, Site Engineering and Design, Environmental Planning and Management)

    What is the historic period, base year, and forecast period taken for Europe Geotechnical Construction Services Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Geotechnical Construction Services Market report:

  • Historic Period : 2019-2020
  • Base Year : 2021
  • Forecast Period : 2022-2028
  • Who are the major players in Europe Geotechnical Construction Services Market?

    The Europe Geotechnical Construction Services Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Arup
  • EGS
  • Fugro
  • Gardline Limited
  • Geosyntec Consultants, Inc.
  • HDR
  • Stantec Inc.
  • WSP
  • Who should buy this report?

    The Europe Geotechnical Construction Services Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Europe Geotechnical Construction Services Market value chain can benefit from the information contained in a comprehensive market report.

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