Market Insights and Analysis: Utility Locator Market Overview and Projections (2023-2028)
The Global Utility Locator Market size was valued at USD 780 Million in 2022 and is projected to grow at a CAGR of around 6.5% during the forecast period, i.e., 2023-28.
Top leading companies in the Utility Locator Market includes:
Radiodetection Ltd., Vivax-Metrotech Corp., Guideline Geo., Emerson Electric Co., The Charles Machine Works, Sensors & Software Inc., Leica Geosystems AG, 3M, and GSSI Geophysical Survey Systems.
Recent Developments:
- In January 2023, Leica Geosystems, unveiled its latest offering targeted at utility and excavation experts. The recently launched Leica DD175 utility locator and Leica DA175 signal transmitter are valuable additions to the already-established Leica DD100 series. These innovative tools are specifically designed to assist operators in efficiently detecting underground utilities, thereby enhancing safety measures for workers at construction sites and excavation projects.
- In February 2023, Emerson Electric Co. launched ovation green, a dedicated renewable power technology & software portfolio.
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Report Segmentation:
The market is categorized into the following segments in the report:
By Technique
-Electromagnetic Field
-Ground Penetrating Radar
-Others
- In 2022, the Electromagnetic field technique dominated the Global Utility Generator with the highest revenue shares.
By Offering
-Equipment
-Services
By Target
-Metallic
-Non-Metallic
By End User
-Telecommunication
-Electricity
-Water and Sewage
-Oil & Gas
-Transportation
-Others
By Company
-Revenue Shares
-Competition Characteristics
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Utility Locator Market Geographic Reach:
The Geographic Reach of the Utility Locator Market evaluates the spread and significance of Utility Locator market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.
- North America: US, Canada, Mexico
- Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
- Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, Egypt, South Africa, Rest of the Middle East & Africa
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