Utility Locator Market Intelligence Report Smart Glass, 2018 – 2026

Utility location is the process of finding and marking public utility mains that are underground. These may contain lines for electricity distribution, telecommunication, natural gas, television cable, fiber optics, street lights, traffic lights, storm drains, water mains, and wastewater pipes. In some places, most important national defense communication lines, oil and gas pipelines, mass transportation, road and rails channels also contend for space underground.

This growth can be accredited to the concern for security and protection of underground utilities, betterment of innovative utility locating technologies over outmoded utility locating methods, and government creativities toward the execution of utility locators. However, high possession and maintenance costs limits the growth of the utility locator market. The high cost of possession and maintenance of equipment, continuous innovation affecting to utility locating devices, and strict government policies to locate underground utilities before excavating and construction activities contribute to the greater growth of this market.

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The market is segmented on the basis of, technique, offering, target, industry vertical, and geographical region. On the basis of technique, the market is segmented into ground penetrating radar, electromagnetic field, and others. The electromagnetic field technique accounted for the major share of the utility locator market in 2017. The applicability of this technique to locate metallic utilities, such as telephone lines, electric wires, and cables, and the lower cost of the electromagnetic field technique related to the other techniques can be endorsed to the largest share of this segment. On the basis of offering, the global market is segmented into services and equipment.  On basis of target market can be segmented into metallic utilities and nonmetallic utilities. By industry vertical, utility locator market can be segmented into oil & gas, transportation, electricity, telecommunications, water and sewage, and others. The telecommunications industry vertical accounted for the largest share of the utility locator market in 2017. This can be indorsed to the high repair cost of telephone lines, formation of 5G technology substructure, and adoption of utility locators to avoid instabilities in the communication system. By geographical region the global utility locator market is split up into North America, Europe, Asia Pacific, Middle East & Africa and South America. North America is expected to have largest share of the overall utility locator market in 2017. The growing fear for public safety and security and government efforts to avoid losses to pipelines and other utilities during the implementation of remodeling and infrastructure development initiatives facilitate the implementation of utility locating equipment and adopt utility locating services, which, in turn, propels the market growth in North America. The market in APAC is expected to grow at the highest CAGR during the forecast period. APAC is likely to witness a high adoption of utility locators owing to the rapid infrastructural growths and construction activities and adoption of 5G technology in countries such as India and China.

Acquisitions and Merger, new product introductions, investments, and corporations & developments are the key strategies adopted by market companies to ensure their growth in the utility locator market. The key players are Radiodetection (UK), Vivax-Metrotech (US), Guideline Geo (Sweden), Ridge Tool Company (US), THE CHARLES MACHINE WORKS (US), Sensors & Software (Canada), Leica Geosystem (Switzerland), and 3M (US). Major Service providers in the utility locator market are USIC (US), multiVIEW (Canada), Ground Penetrating Radar Systems (GPRS) (US), On Target Utility Services (US), and Maverick Inspection (Canada) are some major players in the utility locator market.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on: Market segments and sub-segments Market trends and dynamics Supply and demand Market size Current trends/opportunities/challenges Competitive landscape Technological breakthroughs Value chain and stakeholder analysis

The regional analysis covers: North America (U.S. and Canada) Latin America (Mexico, Brazil, Peru, Chile, and others) Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg) Eastern Europe (Poland and Russia) Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand) Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report: A complete backdrop analysis, which includes an assessment of the parent market Important changes in market dynamics Market segmentation up to the second or third level Historical, current, and projected size of the market from the standpoint of both value and volume Reporting and evaluation of recent industry developments Market shares and strategies of key players Emerging niche segments and regional markets An objective assessment of the trajectory of the market Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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