Product Code: GVR-4-68040-374-8
Geotechnical Engineering Market Trends
The global geotechnical engineering market size was estimated at USD 2.57 billion in 2023 and is estimated to grow at a CAGR of 6.3% from 2024 to 2030. Geotechnical Engineering, also referred to as geotechnical engineering, is a branch of civil engineering focused on the behavior of earth materials. It involves studying soil mechanics and rock mechanics to understand and predict their interactions with man-made structures. Geotechnical Engineering is essential in the design and construction of buildings, bridges, dams, tunnels, highways, and other infrastructure. It ensures that structures are safe, stable, and cost-effective by providing insights into the ground's properties and behaviors.
The shift toward renewable energy is driving the development of offshore renewable energy projects. According to the International Energy Agency, the generation of wind electricity surged by a record 265 TWh in 2022, reaching over 2,100 TWh, marking the second-highest growth among all renewable power technologies. This has led to increased demand for geotechnical engineering services, fueling market growth. For instance, in March 2024, the initial TotalEnergies and SSE Renewables' 500 MW Seagreen 1A offshore wind farm in Scotland geotechnical seabed surveys for have been completed. Phase 2 of the geotechnical work is slated to commence later in 2024 and is expected to take around two weeks to complete.
Global Geotechnical Engineering Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global Geotechnical Engineering Market report based on type, application and region:
- Type Outlook (Revenue, USD Million, 2017 - 2030)
- Underground City Space Engineering
- Slope Excavation Engineering
- Ground Foundation Engineering
- Application Outlook (Revenue, USD Million, 2017 - 2030)
- Municipal Engineering
- Hydraulic Engineering
- Bridge and Tunnel Engineering
- Mining Engineering
- Building Construction
- Others
- Regional Outlook (Revenue, USD Million, 2017 - 2030)
- North America
U.S.
Canada
Germany
UK
France
China
Japan
India
South Korea
Australia
Brazil
Mexico
- Middle East and Africa (MEA)
Kingdom of Saudi Arabia
UAE
South Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Geotechnical Engineering Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Drivers Analysis
- 3.2.2. Market Restraints Analysis
- 3.2.3. Industry Opportunities
- 3.2.4. Industry Challenges
- 3.3. Geotechnical Engineering Market Analysis Tools
- 3.3.1. Porter's Analysis
- 3.3.2. PESTEL Analysis
Chapter 4. Geotechnical Engineering Market: Type Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Geotechnical Engineering Market: Type Movement Analysis, 2023 & 2030 (USD Million)
- 4.3. Underground City Space Engineering
- 4.3.1. Underground City Space Engineering Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Slope Excavation Engineering
- 4.4.1. Slope Excavation Engineering Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Ground Foundation Engineering
- 4.5.1. Ground Foundation Engineering Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Geotechnical Engineering Market: Application Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Geotechnical Engineering Market: Application Movement Analysis, 2023 & 2030 (USD Million)
- 5.3. Municipal Engineering
- 5.3.1. Municipal Engineering Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Hydraulic Engineering
- 5.4.1. Hydraulic Engineering Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Bridge and Tunnel Engineering
- 5.5.1. Bridge and Tunnel Engineering Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. Mining Engineering
- 5.6.1. Mining Engineering Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.7. Hydraulic Engineering
- 5.7.1. Hydraulic Engineering Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.8. Building Construction
- 5.8.1. Building Construction Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.9. Others
- 5.9.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Geotechnical Engineering Market: Regional Estimates & Trend Analysis
- 6.1. Geotechnical Engineering Market Share, By Region, 2023 & 2030 (USD Million)
- 6.2. North America
- 6.2.1. North America Geotechnical Engineering Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.2. U.S.
- 6.2.2.1. U.S. Geotechnical Engineering Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.3. Canada
- 6.2.3.1. Canada Geotechnical Engineering Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.4. Mexico
- 6.2.4.1. Mexico Geotechnical Engineering Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3. Europe
- 6.3.1. Europe Geotechnical Engineering Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.2. UK
- 6.3.2.1. UK Geotechnical Engineering Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.3. Germany
- 6.3.3.1. Germany Geotechnical Engineering Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.4. France
- 6.3.4.1. France Geotechnical Engineering Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Geotechnical Engineering Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.2. China
- 6.4.2.1. China Geotechnical Engineering Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.3. Japan
- 6.4.3.1. Japan Geotechnical Engineering Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.4. India
- 6.4.4.1. India Geotechnical Engineering Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.5. South Korea
- 6.4.5.1. South Korea Geotechnical Engineering Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.6. Australia
- 6.4.6.1. Australia Geotechnical Engineering Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Latin America
- 6.5.1. Latin America Geotechnical Engineering Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.2. Brazil
- 6.5.2.1. Brazil Geotechnical Engineering Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Middle East and Africa
- 6.6.1. Middle East and Africa Geotechnical Engineering Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.2. KSA
- 6.6.2.1. KSA Geotechnical Engineering Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.3. UAE
- 6.6.3.1. UAE Geotechnical Engineering Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.4. South Africa
- 6.6.4.1. South Africa Geotechnical Engineering Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis by Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Market Positioning
- 7.4. Company Market Share Analysis
- 7.5. Company Heat Map Analysis
- 7.6. Strategy Mapping
- 7.6.1. Expansion
- 7.6.2. Mergers & Acquisition
- 7.6.3. Partnerships & Collaborations
- 7.6.4. New Product Launches
- 7.6.5. Research And Development
- 7.7. Company Profiles
- 7.7.1. AECOM
- 7.7.1.1. Participant's Overview
- 7.7.1.2. Financial Performance
- 7.7.1.3. Product Benchmarking
- 7.7.1.4. Recent Developments
- 7.7.2. Fugro
- 7.7.2.1. Participant's Overview
- 7.7.2.2. Financial Performance
- 7.7.2.3. Product Benchmarking
- 7.7.2.4. Recent Developments
- 7.7.3. HDR, Inc.
- 7.7.3.1. Participant's Overview
- 7.7.3.2. Financial Performance
- 7.7.3.3. Product Benchmarking
- 7.7.3.4. Recent Developments
- 7.7.4. Gardline Limited.
- 7.7.4.1. Participant's Overview
- 7.7.4.2. Financial Performance
- 7.7.4.3. Product Benchmarking
- 7.7.4.4. Recent Developments
- 7.7.5. Stantec Inc.
- 7.7.5.1. Participant's Overview
- 7.7.5.2. Financial Performance
- 7.7.5.3. Product Benchmarking
- 7.7.5.4. Recent Developments
- 7.7.6. Kiewit Corporation
- 7.7.6.1. Participant's Overview
- 7.7.6.2. Financial Performance
- 7.7.6.3. Product Benchmarking
- 7.7.6.4. Recent Developments
- 7.7.7. Bechtel Corporation
- 7.7.7.1. Participant's Overview
- 7.7.7.2. Financial Performance
- 7.7.7.3. Product Benchmarking
- 7.7.7.4. Recent Developments
- 7.7.8. Jacobs Solutions Inc.
- 7.7.8.1. Participant's Overview
- 7.7.8.2. Financial Performance
- 7.7.8.3. Product Benchmarking
- 7.7.8.4. Recent Developments
- 7.7.9. Black & Veatch
- 7.7.9.1. Participant's Overview
- 7.7.9.2. Financial Performance
- 7.7.9.3. Product Benchmarking
- 7.7.9.4. Recent Developments