The Global Utility Locator Market is estimated to reach USD 9.1 Billion by 2027 at a CAGR of 5.7%.
Utility location is a process of finding, locating, and marking various public utilities that are underground. The utilities consist of communication cables, gas pipes, electrical power cables, water, and wastewater lines, and telephone lines among others. Utility locators are mainly used for reducing utility conflicts, reduces overall project cost & time, and reduction of service drops. Many public and private companies provide equipment with different frequency ranges, software, and services to solve the public utility problems which are placed underground. 3M, Emerson Electric Co., Sensors & Software Inc., and Leica Geosystems AG are some of the major players in the utility locator market.
Market Drivers:
Utility locating and marking is a method that is used for identifying and labeling underground public utility cables and mains to protect them from damage during excavation. The increasing need for project safety to minimize the project and maintenance cost which is expected to drive the utility locator market during the forecast period. Many underground utility lines such as telephone lines and power cables with high voltage. Digging is a prime activity at any construction site, there might be the chances of presences of underground utilities, which may cause on-site injuries to the workers. To avoid such accidents utility locators are used. Thus, increasing demand for utility locator and marking which may boost the market during the forecast period.
Market Challenges:
Poorly insulated utilities are difficult to detect due to long travels utility lines it may decrease the strength of their induced signals. This occurs when a metal surface comes into direct contact with the soil, the signal is passed through soil, not from the cable. Hence the degree of the signal is the loss which is directly proportional to the surface area of metal in contact with the soil. Hence detection of poorly insulated utilities is expected to become a challenge for the utility locator market.
The report on the utility locator market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Report Features |
Specifics |
Historical/Estimated/Forecasted Market Size Years |
2018-2027 |
Base Year for Market Calculation |
2019 |
Forecasted Period |
2020-2027 (2020 estimated year, forecasted up to 2027) |
Measured Units |
Value (USD Billion) |
Segments Included |
Component, Detection, Frequency Range, Application, and Region |
Regional Coverage |
North America, Asia-Pacific, Europe, Middle East and Africa, South America |
For the scope of report, In-depth segmentation is offered by Forencis Research
UTILITY LOCATOR Market, by Component
UTILITY LOCATOR Market, by Detection
UTILITY LOCATOR Market, by Frequency Range
UTILITY LOCATOR Market, by Application
UTILITY LOCATOR Market, by Region
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE UTILITY LOCATOR MARKET STUDY
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain