Global Geotechnical Construction Services Markets, 2021-2028: Focus on Marine Site Characterization, Site Assessment and Cleanup, Site Engineering and Design, Environmental Planning and Management – ResearchAndMarkets.com – QNT Press Release

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The “Geotechnical Construction Services Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Type and Service (Marine Site Characterization, Site Assessment and Cleanup, Site Engineering and Design, Environmental Planning and Management, and Others)” report has been added to ResearchAndMarkets.com’s offering.

The global geotechnical construction services market is expected to grow from US$ 2,112.5 million in 2021 to US$ 3,192.5 million by 2028; it is estimated to grow at a CAGR of 6.1% during 2021-2028.

A geotechnical service can help in evaluating a location that can be suitable for a specific construction project. Geotechnics is a civil engineering specialty that studies the physical properties of terrestrial materials using the concepts of soil and rock mechanics.

Geotechnical services comprise drilling deep cavities, collecting and evaluating soil samples, reviewing the test results, and making appropriate foundation recommendations. These services are critical in designing massive infrastructure projects, such as high-rise buildings, bridges, trains, tunnels, and other land and marine construction projects. Along with the construction industry, oil & gas and mining industries are other end-users of geotechnical construction services.

The geotechnical construction services market is segmented on the basis of type, service, and geography. Based on type, the market is segmented into underground city space, slope & excavation, and ground & foundation. The underground city space segment is likely to hold the largest share of…

Full story available on Benzinga.com

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