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Industry Landscape
The US geotechnical engineering, environmental consulting, and construction materials testing (CMT) industry is currently experiencing steady growth, driven by increasing infrastructure spending, a focus on sustainable development, and ongoing construction projects. Regulatory compliance and risk mitigation remain key drivers, with specialized services like those offered by GET Solutions in high demand. The industry is adapting to new technologies for data analysis and testing while grappling with talent acquisition.
Total Assets Under Management (AUM)
Construction Spending in United States
~Approximately $2.1 Trillion (as of 2024)
(3.5% (YoY as of April 2024) CAGR)
- Residential spending saw a slight decrease.
- Non-residential spending experienced notable growth.
- Public construction spending remains a strong contributor.
Total Addressable Market
100 Billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
AI-Powered Geotechnical Data Analysis
AI and machine learning algorithms are being used to analyze vast amounts of geotechnical data, improving accuracy in site characterization and predictive modeling for foundation design and risk assessment.
Drone-Based Site Surveying and Monitoring
Drones equipped with various sensors (LiDAR, photogrammetry) are enabling rapid and cost-effective collection of site data, facilitating 3D modeling, progress monitoring, and early detection of ground movement or environmental issues.
Real-Time Sensor Networks
Deployment of IoT-enabled sensors for continuous, real-time monitoring of ground conditions, structural integrity, and environmental parameters provides immediate insights for proactive decision-making and risk mitigation.
Digital Twin Technology
Creating virtual replicas of construction projects and their surrounding environment, integrating real-time data from sensors and design models, allows for advanced simulations, predictive maintenance, and optimized resource allocation.
Impactful Policy Frameworks
Infrastructure Investment and Jobs Act (IIJA) (2021)
This bipartisan infrastructure law provides significant funding for transportation, water, broadband, and energy projects across the US.
The IIJA will significantly increase the demand for geotechnical, environmental, and CMT services for public works projects, driving growth for firms like GET Solutions Inc. that are certified for federal work.
Environmental Protection Agency (EPA) Updated PFAS Regulations (Ongoing)
The EPA is continually updating regulations regarding per- and polyfluoroalkyl substances (PFAS), including setting national drinking water standards and classifying certain PFAS as hazardous substances.
These stricter PFAS regulations will increase the need for environmental site assessments, remediation services, and specialized testing, creating new service opportunities for environmental consultants like GET Solutions Inc.
Buy America, Build America Act (BABA) (2021, part of IIJA)
Requires that all iron, steel, manufactured products, and construction materials used in federally funded infrastructure projects be produced in the United States.
This policy will influence material sourcing and potentially increase demand for domestic construction material testing and certification services to ensure compliance for federal projects.
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