Global Utility Locator Market Size, Share & Trends Analysis Report By Technique (Electromagnetic Field, Ground Penetrating Radar, and Others), By Offering, By Application, By Regional Outlook and Forecast, 2023 - 2030
The Global Utility Locator Market size is expected to reach $1.2 billion by 2030, rising at a market growth of 5.2% CAGR during the forecast period.
Utility locators support the planning and development of oil & gas infrastructure by providing valuable information about the location and condition of subsurface utilities. Consequently, the oil & gas segment would generate an approximately 20.56 % share of the market by 2030. This data is crucial for making informed decisions on infrastructure expansions, upgrades, and maintenance projects. Integrating geospatial data systems enhances the utility locators' capabilities within the oil & gas segment.
Smart city initiatives require efficient and sustainable infrastructure development. Utility locators ensure the efficient development of infrastructure by preventing accidental damage to utilities, reducing disruptions, and optimizing construction timelines. Thus, because of the deployment of smart city technologies, the market is anticipated to increase significantly.
Additionally, Insurance coverage is often linked to implementing risk management practices, including utility locators. Utility locators contribute to risk reduction, minimizing the financial impact of utility damage by preventing disruptions, repairs, and potential legal liabilities. Hence, increasing insurance and liability considerations has been a pivotal factor in driving the growth of the market.
However, SMEs may find it financially challenging to invest in high-cost utility locators. The budget constraints of smaller businesses, such as local contractors or service providers, may limit their ability to acquire advanced utility locators, hindering market growth in this segment. Thus, high initial costs of utility locator can slow down the growth of the market.
By Technique Analysis
Based on technique, the market is classified into electromagnetic field, ground penetrating radar, and others. In 2022, the electromagnetic field segment witnessed the 47.48 % revenue share in the market. Electromagnetic locators are versatile and can detect various utilities, including electric cables, water pipes, gas lines, and communication cables. Portability allows field technicians to manoeuvre the equipment easily in various terrains and access hard-to-reach areas. This mobility is especially valuable in construction projects with diverse site conditions.
By Offering Analysis
By offering, the market is categorized into equipment and services. The services segment covered a 23.8 % revenue share in the market in 2022. Utility locator services bring specialized knowledge and expertise in underground utility detection and mapping. Professional utility locator services often employ advanced technologies and experienced personnel, speeding up the utility detection process. This efficiency is particularly beneficial for construction projects and infrastructure development, where timely information is essential.
By Application Analysis
By application, the market is segmented into telecommunications, oil & gas, water & sewage, electricity, transportation, and others. In 2022, the telecommunications segment registered the 36.10 % revenue share in the market. The widespread deployment of fiber optic networks for high-speed communication has become a major trend in the telecommunications segment. Utility locators are crucial in identifying and mapping underground utilities, ensuring that the installation process is carried out safely and efficiently without causing damage to existing infrastructure.
By Regional Analysis
Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the Asia Pacific region acquired a 28.28 % revenue share in the market. The expansion of telecommunications networks, including the rollout of 5G technology, is a significant driver of utility locator advancements in the Asia Pacific. The availability of training and skill development programs for operators of utility locators contributes to their effective use in the Asia Pacific region.
List of Key Companies Profiled
- Megger Group Limited
- USIC, LLC
- multiVIEW Locates Inc.
- Penhall Company
- SPX Technologies, Inc.
- Emerson Electric Co.
- Hexagon AB
- 3M Company
By Technique
- Electromagnetic Field
- Ground Penetrating Radar
- Others
- Equipment
- Services
- Telecommunications
- Water & Sewage
- Electricity
- Oil & Gas
- Transportation
- Others
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Global Utility Locator Market, by Technique
- 1.4.2 Global Utility Locator Market, by Offering
- 1.4.3 Global Utility Locator Market, by Application
- 1.4.4 Global Utility Locator Market, by Geography
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Global Utility Locator Market, By Technique
- 4.1 Global Electromagnetic Field Market, By Region
- 4.2 Global Ground Penetrating Radar Market, By Region
- 4.3 Global Others Market, By Region
- Chapter 5. Global Utility Locator Market, By Offering
- 5.1 Global Equipment Market, By Region
- 5.2 Global Services Market, By Region
- Chapter 6. Global Utility Locator Market, By Application
- 6.1 Global Telecommunications Market, By Region
- 6.2 Global Water & Sewage Market, By Region
- 6.3 Global Electricity Market, By Region
- 6.4 Global Oil & Gas Market, By Region
- 6.5 Global Transportation Market, By Region
- 6.6 Global Others Market, By Region
- Chapter 7. Global Utility Locator Market, By Region
- 7.1 North America Utility Locator Market
- 7.1.1 North America Utility Locator Market, By Technique
- 7.1.1.1 North America Electromagnetic Field Market, By Country
- 7.1.1.2 North America Ground Penetrating Radar Market, By Country
- 7.1.1.3 North America Others Market, By Country
- 7.1.2 North America Utility Locator Market, By Offering
- 7.1.2.1 North America Equipment Market, By Country
- 7.1.2.2 North America Services Market, By Country
- 7.1.3 North America Utility Locator Market, By Application
- 7.1.3.1 North America Telecommunications Market, By Country
- 7.1.3.2 North America Water & Sewage Market, By Country
- 7.1.3.3 North America Electricity Market, By Country
- 7.1.3.4 North America Oil & Gas Market, By Country
- 7.1.3.5 North America Transportation Market, By Country
- 7.1.3.6 North America Others Market, By Country
- 7.1.4 North America Utility Locator Market, By Country
- 7.1.4.1 US Utility Locator Market
- 7.1.4.1.1 US Utility Locator Market, By Technique
- 7.1.4.1.2 US Utility Locator Market, By Offering
- 7.1.4.1.3 US Utility Locator Market, By Application
- 7.1.4.2 Canada Utility Locator Market
- 7.1.4.2.1 Canada Utility Locator Market, By Technique
- 7.1.4.2.2 Canada Utility Locator Market, By Offering
- 7.1.4.2.3 Canada Utility Locator Market, By Application
- 7.1.4.3 Mexico Utility Locator Market
- 7.1.4.3.1 Mexico Utility Locator Market, By Technique
- 7.1.4.3.2 Mexico Utility Locator Market, By Offering
- 7.1.4.3.3 Mexico Utility Locator Market, By Application
- 7.1.4.4 Rest of North America Utility Locator Market
- 7.1.4.4.1 Rest of North America Utility Locator Market, By Technique
- 7.1.4.4.2 Rest of North America Utility Locator Market, By Offering
- 7.1.4.4.3 Rest of North America Utility Locator Market, By Application
- 7.2 Europe Utility Locator Market
- 7.2.1 Europe Utility Locator Market, By Technique
- 7.2.1.1 Europe Electromagnetic Field Market, By Country
- 7.2.1.2 Europe Ground Penetrating Radar Market, By Country
- 7.2.1.3 Europe Others Market, By Country
- 7.2.2 Europe Utility Locator Market, By Offering
- 7.2.2.1 Europe Equipment Market, By Country
- 7.2.2.2 Europe Services Market, By Country
- 7.2.3 Europe Utility Locator Market, By Application
- 7.2.3.1 Europe Telecommunications Market, By Country
- 7.2.3.2 Europe Water & Sewage Market, By Country
- 7.2.3.3 Europe Electricity Market, By Country
- 7.2.3.4 Europe Oil & Gas Market, By Country
- 7.2.3.5 Europe Transportation Market, By Country
- 7.2.3.6 Europe Others Market, By Country
- 7.2.4 Europe Utility Locator Market, By Country
- 7.2.4.1 Germany Utility Locator Market
- 7.2.4.1.1 Germany Utility Locator Market, By Technique
- 7.2.4.1.2 Germany Utility Locator Market, By Offering
- 7.2.4.1.3 Germany Utility Locator Market, By Application
- 7.2.4.2 UK Utility Locator Market
- 7.2.4.2.1 UK Utility Locator Market, By Technique
- 7.2.4.2.2 UK Utility Locator Market, By Offering
- 7.2.4.2.3 UK Utility Locator Market, By Application
- 7.2.4.3 France Utility Locator Market
- 7.2.4.3.1 France Utility Locator Market, By Technique
- 7.2.4.3.2 France Utility Locator Market, By Offering
- 7.2.4.3.3 France Utility Locator Market, By Application
- 7.2.4.4 Russia Utility Locator Market
- 7.2.4.4.1 Russia Utility Locator Market, By Technique
- 7.2.4.4.2 Russia Utility Locator Market, By Offering
- 7.2.4.4.3 Russia Utility Locator Market, By Application
- 7.2.4.5 Spain Utility Locator Market
- 7.2.4.5.1 Spain Utility Locator Market, By Technique
- 7.2.4.5.2 Spain Utility Locator Market, By Offering
- 7.2.4.5.3 Spain Utility Locator Market, By Application
- 7.2.4.6 Italy Utility Locator Market
- 7.2.4.6.1 Italy Utility Locator Market, By Technique
- 7.2.4.6.2 Italy Utility Locator Market, By Offering
- 7.2.4.6.3 Italy Utility Locator Market, By Application
- 7.2.4.7 Rest of Europe Utility Locator Market
- 7.2.4.7.1 Rest of Europe Utility Locator Market, By Technique
- 7.2.4.7.2 Rest of Europe Utility Locator Market, By Offering
- 7.2.4.7.3 Rest of Europe Utility Locator Market, By Application
- 7.3 Asia Pacific Utility Locator Market
- 7.3.1 Asia Pacific Utility Locator Market, By Technique
- 7.3.1.1 Asia Pacific Electromagnetic Field Market, By Country
- 7.3.1.2 Asia Pacific Ground Penetrating Radar Market, By Country
- 7.3.1.3 Asia Pacific Others Market, By Country
- 7.3.2 Asia Pacific Utility Locator Market, By Offering
- 7.3.2.1 Asia Pacific Equipment Market, By Country
- 7.3.2.2 Asia Pacific Services Market, By Country
- 7.3.3 Asia Pacific Utility Locator Market, By Application
- 7.3.3.1 Asia Pacific Telecommunications Market, By Country
- 7.3.3.2 Asia Pacific Water & Sewage Market, By Country
- 7.3.3.3 Asia Pacific Electricity Market, By Country
- 7.3.3.4 Asia Pacific Oil & Gas Market, By Country
- 7.3.3.5 Asia Pacific Transportation Market, By Country
- 7.3.3.6 Asia Pacific Others Market, By Country
- 7.3.4 Asia Pacific Utility Locator Market, By Country
- 7.3.4.1 China Utility Locator Market
- 7.3.4.1.1 China Utility Locator Market, By Technique
- 7.3.4.1.2 China Utility Locator Market, By Offering
- 7.3.4.1.3 China Utility Locator Market, By Application
- 7.3.4.2 Japan Utility Locator Market
- 7.3.4.2.1 Japan Utility Locator Market, By Technique
- 7.3.4.2.2 Japan Utility Locator Market, By Offering
- 7.3.4.2.3 Japan Utility Locator Market, By Application
- 7.3.4.3 India Utility Locator Market
- 7.3.4.3.1 India Utility Locator Market, By Technique
- 7.3.4.3.2 India Utility Locator Market, By Offering
- 7.3.4.3.3 India Utility Locator Market, By Application
- 7.3.4.4 South Korea Utility Locator Market
- 7.3.4.4.1 South Korea Utility Locator Market, By Technique
- 7.3.4.4.2 South Korea Utility Locator Market, By Offering
- 7.3.4.4.3 South Korea Utility Locator Market, By Application
- 7.3.4.5 Singapore Utility Locator Market
- 7.3.4.5.1 Singapore Utility Locator Market, By Technique
- 7.3.4.5.2 Singapore Utility Locator Market, By Offering
- 7.3.4.5.3 Singapore Utility Locator Market, By Application
- 7.3.4.6 Malaysia Utility Locator Market
- 7.3.4.6.1 Malaysia Utility Locator Market, By Technique
- 7.3.4.6.2 Malaysia Utility Locator Market, By Offering
- 7.3.4.6.3 Malaysia Utility Locator Market, By Application
- 7.3.4.7 Rest of Asia Pacific Utility Locator Market
- 7.3.4.7.1 Rest of Asia Pacific Utility Locator Market, By Technique
- 7.3.4.7.2 Rest of Asia Pacific Utility Locator Market, By Offering
- 7.3.4.7.3 Rest of Asia Pacific Utility Locator Market, By Application
- 7.4 LAMEA Utility Locator Market
- 7.4.1 LAMEA Utility Locator Market, By Technique
- 7.4.1.1 LAMEA Electromagnetic Field Market, By Country
- 7.4.1.2 LAMEA Ground Penetrating Radar Market, By Country
- 7.4.1.3 LAMEA Others Market, By Country
- 7.4.2 LAMEA Utility Locator Market, By Offering
- 7.4.2.1 LAMEA Equipment Market, By Country
- 7.4.2.2 LAMEA Services Market, By Country
- 7.4.3 LAMEA Utility Locator Market, By Application
- 7.4.3.1 LAMEA Telecommunications Market, By Country
- 7.4.3.2 LAMEA Water & Sewage Market, By Country
- 7.4.3.3 LAMEA Electricity Market, By Country
- 7.4.3.4 LAMEA Oil & Gas Market, By Country
- 7.4.3.5 LAMEA Transportation Market, By Country
- 7.4.3.6 LAMEA Others Market, By Country
- 7.4.4 LAMEA Utility Locator Market, By Country
- 7.4.4.1 Brazil Utility Locator Market
- 7.4.4.1.1 Brazil Utility Locator Market, By Technique
- 7.4.4.1.2 Brazil Utility Locator Market, By Offering
- 7.4.4.1.3 Brazil Utility Locator Market, By Application
- 7.4.4.2 Argentina Utility Locator Market
- 7.4.4.2.1 Argentina Utility Locator Market, By Technique
- 7.4.4.2.2 Argentina Utility Locator Market, By Offering
- 7.4.4.2.3 Argentina Utility Locator Market, By Application
- 7.4.4.3 UAE Utility Locator Market
- 7.4.4.3.1 UAE Utility Locator Market, By Technique
- 7.4.4.3.2 UAE Utility Locator Market, By Offering
- 7.4.4.3.3 UAE Utility Locator Market, By Application
- 7.4.4.4 Saudi Arabia Utility Locator Market
- 7.4.4.4.1 Saudi Arabia Utility Locator Market, By Technique
- 7.4.4.4.2 Saudi Arabia Utility Locator Market, By Offering
- 7.4.4.4.3 Saudi Arabia Utility Locator Market, By Application
- 7.4.4.5 South Africa Utility Locator Market
- 7.4.4.5.1 South Africa Utility Locator Market, By Technique
- 7.4.4.5.2 South Africa Utility Locator Market, By Offering
- 7.4.4.5.3 South Africa Utility Locator Market, By Application
- 7.4.4.6 Nigeria Utility Locator Market
- 7.4.4.6.1 Nigeria Utility Locator Market, By Technique
- 7.4.4.6.2 Nigeria Utility Locator Market, By Offering
- 7.4.4.6.3 Nigeria Utility Locator Market, By Application
- 7.4.4.7 Rest of LAMEA Utility Locator Market
- 7.4.4.7.1 Rest of LAMEA Utility Locator Market, By Technique
- 7.4.4.7.2 Rest of LAMEA Utility Locator Market, By Offering
- 7.4.4.7.3 Rest of LAMEA Utility Locator Market, By Application
- Chapter 8. Company Profiles
- 8.1 Megger Group Limited
- 8.1.1 Company Overview
- 8.2 USIC, LLC
- 8.2.1 Company Overview
- 8.3 multiVIEW Locates Inc.
- 8.3.1 Company Overview
- 8.4 Penhall Company
- 8.4.1 Company Overview
- 8.5 SPX Technologies, Inc.
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Segmental and Regional Analysis
- 8.5.4 Research & Development Expenses
- 8.5.5 Recent strategies and developments:
- 8.5.5.1 Acquisition and Mergers:
- 8.5.6 SWOT Analysis
- 8.6 Emerson Electric Co.
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segmental and Regional Analysis
- 8.6.4 Research & Development Expense
- 8.6.5 SWOT Analysis
- 8.7 Hexagon AB
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Regional & Segmental Analysis
- 8.7.4 Research & Development Expenses
- 8.7.5 SWOT Analysis
- 8.8 3M Company
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Segmental and Regional Analysis
- 8.8.4 Research & Development Expense
- 8.8.5 SWOT Analysis
- Chapter 9. Winning Imperatives of Utility Locator Market
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