Utility Locator Market Size, Share & Trends Analysis Report By Technique, By Offering, By Target, By Vertical (Oil & Gas, Electricity), By Region, And Segment Forecasts, 2024 - 2030

Utility Locator Market Size, Share & Trends Analysis Report By Technique, By Offering, By Target, By Vertical (Oil & Gas, Electricity), By Region, And Segment Forecasts, 2024 - 2030

Utility Locator Market Size & Trends

The global utility locator market size was estimated at USD 842.5 million in 2023 and is projected to grow at a CAGR of 6.1% from 2024 to 2030. The surge in infrastructure projects, including roads, railways, buildings, and utilities, necessitates precise underground utility mapping to prevent accidents and delays. In addition, the risk of accidental damage to underground utilities during excavation can lead to injuries, fatalities, and substantial financial losses. Utility locators mitigate these risks.

The booming construction industry, both residential and commercial, is a major consumer of utility location services. Furthermore, stringent regulations mandating utility location before excavation are driving the adoption of utility locators to ensure compliance and avoid penalties. Also, the integration of advanced technologies like ground penetrating radar (GPR), electromagnetic induction (EMI), and global positioning systems (GPS) into utility locators is enhancing accuracy and efficiency. Thus, driving the market growth.

The growing demand for underground utilities’ real-time analysis, such as concrete structures, roads, and railway lines, represents a key development and emerging trend within the utility locator sector. Various advanced technologies, including ground-penetrating radar, electromagnetic fields, and others, are applied for detection purposes. Modern technologies permit owners of these utilities to conduct immediate evaluations of their underground systems. Providers of utility locating services and equipment are now incorporating these technologies, such as fleet telemetry systems, GPS devices, GIS data devices, and ground-penetrating radar (GPR) devices. Thus, there is high market growth.

Utility locators are increasingly implemented in various sectors such as construction, telecommunications, and various other utilities, including water, gas, and electricity, as well as in the transportation industry. They serve a vital function in pre-digging assessments to detect and accurately chart the course of underground utilities, ensuring their exact positions are marked on the surface. Moreover, these tools are indispensable for regular upkeep and, in urgent situations, facilitating the swift pinpointing and evaluation of below-ground services for immediate repair or enhancement. Technology advancements and the adoption of digital approaches to managing infrastructure bode well for utility locator technology. Enhancements in sensor systems and the ability to merge data more effectively are driving improvements in both precision and operational efficiency. Thus, driving the market growth.

Global Utility Locator Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global utility locator market report based on technique, offering, target, vertical, and region.

• Technique Outlook (Revenue, USD Million, 2017 - 2030)
• Electromagnetic Field
• Ground Penetrating Radar
• Others
• Offering Outlook (Revenue, USD Million, 2017 - 2030)
• Equipment
• Services
• Target Outlook (Revenue, USD Million, 2017 - 2030)
• Metallic
• Non-metallic
• Vertical Outlook (Revenue, USD Million, 2017 - 2030)
• Oil & Gas
• Electricity
• Transportation
• Water and Sewage
• Telecommunication
• Others
• Regional Outlook (Revenue, USD Million, 2017 - 2030)
• North America
• U.S.
• Canada
• Mexico
• Europe
• UK
• Germany
• France
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Latin America
• Brazil
• MEA
• UAE
• South Africa
• KSA

Please note The report will be delivered in 4-8 business days upon order notification.