The utility locator market employs various methods, including electromagnetic field, ground penetrating radar, cable locators, magnetometers, frequency locators, vacuum or hydro excavation, and manhole locators. Each method caters to specific requirements in accurately identifying and mapping underground utilities. These advanced technologies ensure efficient and precise location services, contributing to streamlined infrastructure management. The diverse range of methods allows utility locators to select the most suitable approach for different scenarios, enhancing overall effectiveness in identifying and maintaining underground assets.
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Data Bridge Market Research analyses that the North America Utility Locator Market value, which was USD 1,894.15 million in 2021, is expected to reach the value of USD 3,328.23 million by 2029, at a CAGR of 7.3% during the forecast period 2022-2029. The utility locator market experiences heightened demand due to expanding oil and gas exploration activities. This surge necessitates precise utility locators to prevent damage to existing underground utilities, ensuring the safety of infrastructure and minimizing disruptions during exploration and extraction processes.
Key Findings of the Study
Stringent regulations for public safety are expected to drive the market's growth rate
Stringent regulations for public safety act as a driving force in the utility locator market. Governments globally impose strict guidelines to prevent damage to existing utilities during construction and excavation projects. This regulatory environment compels industries to adopt accurate locator solutions, ensuring compliance with safety standards. The demand for reliable utility locators rises as businesses seek to adhere to these regulations, fostering a market environment focused on minimizing risks and ensuring public safety.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014-2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Methods (Electromagnetic Field, Ground Penetrating Radar, Cable Locators, Magnetometers, Frequency Locators, Vacuum or Hydro Excavation, Manhole Locators, Others), Target (Metallic-Utilities, Non-Metallic Utilities, Others), Offering (Hardware, Services, Solutions), Organization Size (Large Scale Organizations, Medium Scale Organizations, Small Scale Organizations), Vertical (Telecommunications, Power and Utilities, Water and Sewage, Oil and Gas, Transportation and Logistics, Others)
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Countries Covered
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U.S., Canada and Mexico in North America
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Market Players Covered
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US Radar (U.S.), 3M (U.S.), Emerson Electric Co. (U.S.), Vermeer Corporation (U.S.), Stake Centre Locating (U.S.), Subsite Electronics (U.S.), USIC (U.S.), Ground Penetrating Radar Systems, LLC. (U.S.), RYCOM Instruments, Inc. (Canada), Penhall Company (U.S.)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The North America utility locator market is segmented on the basis of methods, target, offering, organization size, and vertical.
- On the basis of methods, the North America utility locator market is segmented into electromagnetic field, ground penetration radar, frequency locators, cable locators, magnetometers, manhole locators, vacuum or hydro excavation, and others.
- On the basis of target, the North America utility locator market is segmented into metallic-utilities, non-metallic utilities, and others
- On the basis of offering, the North America utility locator market is segmented into hardware, solutions, and services
- On the basis of organization size, the North America utility locator market is segmented into small scale organization, medium scale organization, and large scale organization
- On the basis of vertical, the North America utility locator market is segmented into power and utilities, oil and gas, transportation and logistics, water and sewage, telecommunications, and others
Major Players
Data Bridge Market Research recognizes the following companies as the North America utility locator market players in North America utility locator market are US Radar (U.S.), 3M (U.S.), Emerson Electric Co. (U.S.), Vermeer Corporation (U.S.), Stake Centre Locating (U.S.), Subsite Electronics (U.S.).
Market Developments
- In September 2022, 2M partnered strategically with Prostar Holdings Inc., leveraging Prostar's PointMan mobile application for advanced utility mapping operations. Recognizing the critical importance of accurate utility location, 2M prioritizes precision in every project. PointMan's effectiveness has become a pivotal factor in the market, enabling companies such as 2M to deliver enhanced services, reinforcing their commitment to safety and comprehensive utility management for their clients
- In July 2022, Honeywell expanded its smart energy solutions for utilities by introducing Underground Utility Locating and Data Capturing Services. Leveraging survey-grade GNSS data, this service facilitates the creation of sub-centimeter-accurate digital maps. These maps enhance the speed, efficiency, and precision of locating underground utility lines. The initiative aligns with the future vision of reusable data, providing utilities with advanced tools for efficient infrastructure management
- In February 2022, Irth Solutions partnered with Lightbox to improve location awareness, accuracy, and cost efficiency in the underground utility industry. Utilizing parcel information and the UtiliSphere platform, the partnership enables precise location determination for excavation sites. This enhanced accuracy allows utility screeners to efficiently clear tickets without physical contact with the facility, streamlining the ticket management process and fostering improved efficiency in underground utility operations
- In January 2022, USIC successfully acquired Utility Resource Group, LLC (URG), headquartered in Troy, Michigan. URG specialized in utility locating, gas leak detection, meter services, sewer lateral inspections, and cross bore mitigation nationwide. This strategic acquisition significantly expanded USIC's utility services portfolio, enhancing its ability to provide comprehensive solutions. The integration of URG's expertise allowed USIC to deliver increased value to its customers, solidifying its position in the utility services sector
Regional Analysis
Geographically, the countries covered in the North America utility locator market report are U.S., Canada and Mexico in North America.
As per Data Bridge Market Research analysis:
U.S. is the dominant region in the North America utility locator market during the forecast period 2022-2029
The U.S. dominates the North America utility locator market due to the substantial presence of local players in the region. The abundance of homegrown companies specializing in utility locating services positions the U.S. as a key contributor to market share. This concentration of expertise, coupled with a robust demand for efficient utility locating solutions, solidifies the U.S.'s leading position in the North American market.
Mexico is expected to dominate the North America utility locator market in the forecast period 2022-2029
Mexico is expected to dominate the North America utility locator market, driven by substantial investments in its underground infrastructure. The country's significant commitment to infrastructure development, particularly in utilities, positions it as a key player in the market. The ongoing investments reflect Mexico's dedication to modernizing and expanding its underground networks, fostering growth and technological advancements in utility locating solutions within the North American region.
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