Global Utility Locator Market, By Technique (Electromagnetic Field, Ground Penetrating Radar and Others), Offering (Equipment and Services), Target (Metallic and Non-Metallic), End User Industry (Telecommunication, Electricity, Water and Sewage, Oil and Gas, Transportation and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Utility Locator Market
The utility locator market is expected to witness market growth at a rate of 5.82% in the forecast period of 2021 to 2028. Data Bridge Market Research report on utility locator market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the demand for real-time utility locating services is escalating the growth of utility locator market.
Utility locator can be referred to as a device for mapping and identifying underground utilities including water pipes, electric cable distribution, gas pipelines, telecommunication lines and many more.
Major factors that are expected to boost the growth of the utility locator market in the forecast period are the issues regarding safety and protection of underground utilities. Furthermore, the advantages of developed utility locating technologies over conventional utility locating methods is further anticipated to propel the growth of the utility locator market. Moreover, the initiatives taken by the government towards the application of utility locators is further estimated to cushion the growth of the utility locator market. On the other hand, high ownership and maintenance expenses of utility locators are further projected to impede the growth of the utility locator market in the timeline period.
In addition, the growing infrastructure and the rising need for maintenance will further provide potential opportunities for the growth of the utility locator market in the coming years. However, the dearth of the expertise and skillset might further challenge the growth of the
This utility locator market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the utility locator market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
Global Utility Locator Market Scope and Market Size
The utility locator market is segmented on the basis of techniques, offering, target, and end-user industry. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of technique, the utility locator market has been segmented into ground penetrating radar (GPR), electromagnetic field and others.
- On the basis of offering, the utility locator market has been segmented into equipment and services.
- On the basis of end user industry, the utility locator market has been segmented into telecommunication, electricity, water and sewage, oil and gas, transportation, and others.
Utility Locator Market Country Level Analysis
The utility locator market is segmented on the basis of techniques, offering, target, and end-user industry.
The countries covered in the utility locator market report are the U.S., Canada, and Mexico in North America, Brazil, Argentina, and the rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, rest of the Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA).
North America dominates the utility locator market due to the government efforts to avoid damage to pipelines and other utilities during the application of remodelling and infrastructure development initiatives. Furthermore, the rise in the concern for public safety and security will further boost the growth of the utility locator market in the region during the forecast period. Asia-Pacific is projected to observe significant amount of growth in the utility locator market due to the rapid infrastructural growths and construction activities. Moreover, the growing acceptance of 5G technology in several countries is further anticipated to propel the growth of the utility locator market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Utility Locator Market Share Analysis
The utility locator market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the utility locator market.
The major players covered in the utility locator market report are Radiodetection Ltd., Vivax-Metrotech Corp., Guideline Geo., EMERSON ELECTRIC CO., The Charles Machine Works, Inc., Sensors & Software Inc., Leica Geosystems AG, 3M, USIC, multiVIEW., ON TARGET UTILITY SERVICES, GSSI Geophysical Survey Systems, Inc., Vivax-Metrotech Corp., RHD Services, Inc., OneVision Utility Services., Sidewinder Utility Locators., US Radar, and Olameteramong other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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