About Utility Locator
location is the process of finding and marking public utility mains that are underground. The utility locator uses various tactics for preventing damages such as during excavation, various marking and locating are used to identifying and labeling underground public utility mains and cables, different color paint is used to mark the different utilities such as red for electrical power lines, blue for potable water, yellow for gas, orange for communications or signal lines, purple for reclaimed water, green for sewers, white for proposed construction and pink for survey markings.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Utility Locator market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Utility Locator market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Utility Locator market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Radiodetection (United Kingdom), Vivax-Metrotech (United States), Guideline Geo (Sweden), Ridge Tool Company (United States), THE CHARLES MACHINE WORKS (United States), Sensors & Software (Canada), Leica Geosystem (Switzerland), 3M (United States), USIC (United States) and multiVIEW (Canada) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Ground Penetrating Radar Systems (GPRS) (United States), On Target Utility Services (United States) and Maverick Inspection (Canada).
Segmentation Overview
AMA Research has segmented the market of Global Utility Locator market by and Region.
On the basis of geography, the market of Utility Locator has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Target, the sub-segment i.e. Metallic will boost the Utility Locator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Vertical, the sub-segment i.e. Oil & Gas will boost the Utility Locator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technique, the sub-segment i.e. Electromagnetic Field will boost the Utility Locator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Offering, the sub-segment i.e. Equipment will boost the Utility Locator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Benefits of Advanced Utility Locating Technologies Over Traditional Utility Locating Methods and Government Initiatives Toward Implementation of Utility Locators
Market Growth Drivers:
Concern for Safety and Protection of Underground Utilities and The increased demand for cloud-computing for businesses and demand for predictive solutions and image recognition
Challenges:
Lack of Expertise and Skillset
Restraints:
High Ownership and Maintenance Costs of Utility Locators
Opportunities:
High Demand for Real-Time Utility Locating Services and Aging Infrastructure and the Increasing Need for Maintenance
Market Leaders and their expansionary development strategies
In June 2018, GSSI Geophysical Survey Systems, Inc. showcased their latest ground-penetrating radar (GPR) equipment at International Conference on Ground Penetrating Radar, which was held in June 18-21, 2018. The new UtilityScan GPR system is more efficient in marking and identifying the depth and location of utilities. The UtilityScan is handled by a tablet-based system.
In January 2023, Leica Geosystems, part of Hexagon, announced its latest solution for utility and excavation professionals. The new Leica DD175 utility locator and Leica DA175 signal transmitter complement the existing Leica DD100 series and help operators easily detect underground utilities to ensure site workers’ safety.
Key Target Audience
Raw material suppliers, Original equipment manufacturers (OEMs), Technology and solution providers, Suppliers and distributors, System integrators, Rental service providers, Government and other regulatory bodies, Technology investors, Research institutes and organizations and Market research and consulting firms
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.