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Forensic Engineering Services Market Trends

Report ID: GMI9025 Published Date: April 2024Report Format: PDF
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Summary
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Forensic Engineering Services Market Trends

To conduct more precise and effective investigations, forensic engineers are increasingly using modern technologies including 3D scanning, drone-based photography, computer simulations, and artificial intelligence. By enhancing data gathering, analysis, and visualization, these technologies raise the standard of forensic engineering services. Forensic engineers can efficiently examine big datasets by seeing patterns, trends, and correlations that could reveal failure mechanisms owing to the widespread use of data analytics and digital tools. Data-driven methods improve the validity of forensic engineering conclusions and allow for evidence-based decision-making.

Forensic engineering services are becoming increasingly concentrated on evaluating the sustainability and resilience of structures and systems due to increased concerns about climate change, natural catastrophes, and infrastructure resilience. To improve resilience and reduce risks, forensic engineers are analyzing how environmental factors affect failures.

Author: Preeti Wadhwani, Aishwarya Ambekar
Frequently Asked Question(FAQ) :

Who are the key leaders in the forensic engineering services market?+

EFI Global, Envista Forensics, Exponent, Inc., Intertek, Jensen Hughes, Rimkus Consulting Group, Inc., Stress Engineering Services, Inc, Thornton Tomasetti, Inc., and Wiss, Janney, Elstner Associates, Inc. (WJE), are some of the major forensic engineering services companies worldwide.

How big is the North America forensic engineering services industry?+

North America market held over 30% share in 2023 and is expected to register a commendable CAGR from 2024-2032, attributed to stringent regulatory standards and safety regulations across various industries in the region.

Why is the use of forensic engineering services in structure failure testing growing?+

The structure failure testing segment is expected to register over 25% market share by 2032, due to design and construction of modern constructions, getting increasingly complex and utilizing innovative components.

What is the value of the forensic engineering services market?+

The market size of forensic engineering services reached USD 5.1 billion in 2023 and is set to witness over 5% CAGR from 2024-2032, owing to the growth of value-added manufacturing and market players, launching new services worldwide.

Forensic Engineering Services Market Scope

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