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
Global Utility Locator Market Report Segmentation
By Technique
- Electromagnetic Field
- Ground Penetrating Radar
- Others
By Offering
By Application
- Telecommunications
- Water & Sewage
- Electricity
- Oil & Gas
- Transportation
- Others
By Geography
- 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
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1Global Utility Locator Market, by Technique
- 1.4.2Global Utility Locator Market, by Offering
- 1.4.3Global Utility Locator Market, by Application
- 1.4.4Global Utility Locator Market, by Geography
- 1.5Methodology for the research
Chapter 2.Market at a Glance
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
Chapter 4.Global Utility Locator Market, By Technique
- 4.1Global Electromagnetic Field Market, By Region
- 4.2Global Ground Penetrating Radar Market, By Region
- 4.3Global Others Market, By Region
Chapter 5.Global Utility Locator Market, By Offering
- 5.1Global Equipment Market, By Region
- 5.2Global Services Market, By Region
Chapter 6.Global Utility Locator Market, By Application
- 6.1Global Telecommunications Market, By Region
- 6.2Global Water & Sewage Market, By Region
- 6.3Global Electricity Market, By Region
- 6.4Global Oil & Gas Market, By Region
- 6.5Global Transportation Market, By Region
- 6.6Global Others Market, By Region
Chapter 7.Global Utility Locator Market, By Region
- 7.1North America Utility Locator Market
- 7.1.1North America Utility Locator Market, By Technique
- 7.1.1.1North America Electromagnetic Field Market, By Country
- 7.1.1.2North America Ground Penetrating Radar Market, By Country
- 7.1.1.3North America Others Market, By Country
- 7.1.2North America Utility Locator Market, By Offering
- 7.1.2.1North America Equipment Market, By Country
- 7.1.2.2North America Services Market, By Country
- 7.1.3North America Utility Locator Market, By Application
- 7.1.3.1North America Telecommunications Market, By Country
- 7.1.3.2North America Water & Sewage Market, By Country
- 7.1.3.3North America Electricity Market, By Country
- 7.1.3.4North America Oil & Gas Market, By Country
- 7.1.3.5North America Transportation Market, By Country
- 7.1.3.6North America Others Market, By Country
- 7.1.4North America Utility Locator Market, By Country
- 7.1.4.1US Utility Locator Market
- 7.1.4.1.1US Utility Locator Market, By Technique
- 7.1.4.1.2US Utility Locator Market, By Offering
- 7.1.4.1.3US Utility Locator Market, By Application
- 7.1.4.2Canada Utility Locator Market
- 7.1.4.2.1Canada Utility Locator Market, By Technique
- 7.1.4.2.2Canada Utility Locator Market, By Offering
- 7.1.4.2.3Canada Utility Locator Market, By Application
- 7.1.4.3Mexico Utility Locator Market
- 7.1.4.3.1Mexico Utility Locator Market, By Technique
- 7.1.4.3.2Mexico Utility Locator Market, By Offering
- 7.1.4.3.3Mexico Utility Locator Market, By Application
- 7.1.4.4Rest of North America Utility Locator Market
- 7.1.4.4.1Rest of North America Utility Locator Market, By Technique
- 7.1.4.4.2Rest of North America Utility Locator Market, By Offering
- 7.1.4.4.3Rest of North America Utility Locator Market, By Application
- 7.2Europe Utility Locator Market
- 7.2.1Europe Utility Locator Market, By Technique
- 7.2.1.1Europe Electromagnetic Field Market, By Country
- 7.2.1.2Europe Ground Penetrating Radar Market, By Country
- 7.2.1.3Europe Others Market, By Country
- 7.2.2Europe Utility Locator Market, By Offering
- 7.2.2.1Europe Equipment Market, By Country
- 7.2.2.2Europe Services Market, By Country
- 7.2.3Europe Utility Locator Market, By Application
- 7.2.3.1Europe Telecommunications Market, By Country
- 7.2.3.2Europe Water & Sewage Market, By Country
- 7.2.3.3Europe Electricity Market, By Country
- 7.2.3.4Europe Oil & Gas Market, By Country
- 7.2.3.5Europe Transportation Market, By Country
- 7.2.3.6Europe Others Market, By Country
- 7.2.4Europe Utility Locator Market, By Country
- 7.2.4.1Germany Utility Locator Market
- 7.2.4.1.1Germany Utility Locator Market, By Technique
- 7.2.4.1.2Germany Utility Locator Market, By Offering
- 7.2.4.1.3Germany Utility Locator Market, By Application
- 7.2.4.2UK Utility Locator Market
- 7.2.4.2.1UK Utility Locator Market, By Technique
- 7.2.4.2.2UK Utility Locator Market, By Offering
- 7.2.4.2.3UK Utility Locator Market, By Application
- 7.2.4.3France Utility Locator Market
- 7.2.4.3.1France Utility Locator Market, By Technique
- 7.2.4.3.2France Utility Locator Market, By Offering
- 7.2.4.3.3France Utility Locator Market, By Application
- 7.2.4.4Russia Utility Locator Market
- 7.2.4.4.1Russia Utility Locator Market, By Technique
- 7.2.4.4.2Russia Utility Locator Market, By Offering
- 7.2.4.4.3Russia Utility Locator Market, By Application
- 7.2.4.5Spain Utility Locator Market
- 7.2.4.5.1Spain Utility Locator Market, By Technique
- 7.2.4.5.2Spain Utility Locator Market, By Offering
- 7.2.4.5.3Spain Utility Locator Market, By Application
- 7.2.4.6Italy Utility Locator Market
- 7.2.4.6.1Italy Utility Locator Market, By Technique
- 7.2.4.6.2Italy Utility Locator Market, By Offering
- 7.2.4.6.3Italy Utility Locator Market, By Application
- 7.2.4.7Rest of Europe Utility Locator Market
- 7.2.4.7.1Rest of Europe Utility Locator Market, By Technique
- 7.2.4.7.2Rest of Europe Utility Locator Market, By Offering
- 7.2.4.7.3Rest of Europe Utility Locator Market, By Application
- 7.3Asia Pacific Utility Locator Market
- 7.3.1Asia Pacific Utility Locator Market, By Technique
- 7.3.1.1Asia Pacific Electromagnetic Field Market, By Country
- 7.3.1.2Asia Pacific Ground Penetrating Radar Market, By Country
- 7.3.1.3Asia Pacific Others Market, By Country
- 7.3.2Asia Pacific Utility Locator Market, By Offering
- 7.3.2.1Asia Pacific Equipment Market, By Country
- 7.3.2.2Asia Pacific Services Market, By Country
- 7.3.3Asia Pacific Utility Locator Market, By Application
- 7.3.3.1Asia Pacific Telecommunications Market, By Country
- 7.3.3.2Asia Pacific Water & Sewage Market, By Country
- 7.3.3.3Asia Pacific Electricity Market, By Country
- 7.3.3.4Asia Pacific Oil & Gas Market, By Country
- 7.3.3.5Asia Pacific Transportation Market, By Country
- 7.3.3.6Asia Pacific Others Market, By Country
- 7.3.4Asia Pacific Utility Locator Market, By Country
- 7.3.4.1China Utility Locator Market
- 7.3.4.1.1China Utility Locator Market, By Technique
- 7.3.4.1.2China Utility Locator Market, By Offering
- 7.3.4.1.3China Utility Locator Market, By Application
- 7.3.4.2Japan Utility Locator Market
- 7.3.4.2.1Japan Utility Locator Market, By Technique
- 7.3.4.2.2Japan Utility Locator Market, By Offering
- 7.3.4.2.3Japan Utility Locator Market, By Application
- 7.3.4.3India Utility Locator Market
- 7.3.4.3.1India Utility Locator Market, By Technique
- 7.3.4.3.2India Utility Locator Market, By Offering
- 7.3.4.3.3India Utility Locator Market, By Application
- 7.3.4.4South Korea Utility Locator Market
- 7.3.4.4.1South Korea Utility Locator Market, By Technique
- 7.3.4.4.2South Korea Utility Locator Market, By Offering
- 7.3.4.4.3South Korea Utility Locator Market, By Application
- 7.3.4.5Singapore Utility Locator Market
- 7.3.4.5.1Singapore Utility Locator Market, By Technique
- 7.3.4.5.2Singapore Utility Locator Market, By Offering
- 7.3.4.5.3Singapore Utility Locator Market, By Application
- 7.3.4.6Malaysia Utility Locator Market
- 7.3.4.6.1Malaysia Utility Locator Market, By Technique
- 7.3.4.6.2Malaysia Utility Locator Market, By Offering
- 7.3.4.6.3Malaysia Utility Locator Market, By Application
- 7.3.4.7Rest of Asia Pacific Utility Locator Market
- 7.3.4.7.1Rest of Asia Pacific Utility Locator Market, By Technique
- 7.3.4.7.2Rest of Asia Pacific Utility Locator Market, By Offering
- 7.3.4.7.3Rest of Asia Pacific Utility Locator Market, By Application
- 7.4LAMEA Utility Locator Market
- 7.4.1LAMEA Utility Locator Market, By Technique
- 7.4.1.1LAMEA Electromagnetic Field Market, By Country
- 7.4.1.2LAMEA Ground Penetrating Radar Market, By Country
- 7.4.1.3LAMEA Others Market, By Country
- 7.4.2LAMEA Utility Locator Market, By Offering
- 7.4.2.1LAMEA Equipment Market, By Country
- 7.4.2.2LAMEA Services Market, By Country
- 7.4.3LAMEA Utility Locator Market, By Application
- 7.4.3.1LAMEA Telecommunications Market, By Country
- 7.4.3.2LAMEA Water & Sewage Market, By Country
- 7.4.3.3LAMEA Electricity Market, By Country
- 7.4.3.4LAMEA Oil & Gas Market, By Country
- 7.4.3.5LAMEA Transportation Market, By Country
- 7.4.3.6LAMEA Others Market, By Country
- 7.4.4LAMEA Utility Locator Market, By Country
- 7.4.4.1Brazil Utility Locator Market
- 7.4.4.1.1Brazil Utility Locator Market, By Technique
- 7.4.4.1.2Brazil Utility Locator Market, By Offering
- 7.4.4.1.3Brazil Utility Locator Market, By Application
- 7.4.4.2Argentina Utility Locator Market
- 7.4.4.2.1Argentina Utility Locator Market, By Technique
- 7.4.4.2.2Argentina Utility Locator Market, By Offering
- 7.4.4.2.3Argentina Utility Locator Market, By Application
- 7.4.4.3UAE Utility Locator Market
- 7.4.4.3.1UAE Utility Locator Market, By Technique
- 7.4.4.3.2UAE Utility Locator Market, By Offering
- 7.4.4.3.3UAE Utility Locator Market, By Application
- 7.4.4.4Saudi Arabia Utility Locator Market
- 7.4.4.4.1Saudi Arabia Utility Locator Market, By Technique
- 7.4.4.4.2Saudi Arabia Utility Locator Market, By Offering
- 7.4.4.4.3Saudi Arabia Utility Locator Market, By Application
- 7.4.4.5South Africa Utility Locator Market
- 7.4.4.5.1South Africa Utility Locator Market, By Technique
- 7.4.4.5.2South Africa Utility Locator Market, By Offering
- 7.4.4.5.3South Africa Utility Locator Market, By Application
- 7.4.4.6Nigeria Utility Locator Market
- 7.4.4.6.1Nigeria Utility Locator Market, By Technique
- 7.4.4.6.2Nigeria Utility Locator Market, By Offering
- 7.4.4.6.3Nigeria Utility Locator Market, By Application
- 7.4.4.7Rest of LAMEA Utility Locator Market
- 7.4.4.7.1Rest of LAMEA Utility Locator Market, By Technique
- 7.4.4.7.2Rest of LAMEA Utility Locator Market, By Offering
- 7.4.4.7.3Rest of LAMEA Utility Locator Market, By Application
Chapter 8.Company Profiles
- 8.1Megger Group Limited
- 8.2USIC, LLC
- 8.3multiVIEW Locates Inc.
- 8.4Penhall Company
- 8.5SPX Technologies, Inc.
- 8.5.1Company Overview
- 8.5.2Financial Analysis
- 8.5.3Segmental and Regional Analysis
- 8.5.4Research & Development Expenses
- 8.5.5Recent strategies and developments:
- 8.5.5.1Acquisition and Mergers:
- 8.5.6SWOT Analysis
- 8.6Emerson Electric Co.
- 8.6.1Company Overview
- 8.6.2Financial Analysis
- 8.6.3Segmental and Regional Analysis
- 8.6.4Research & Development Expense
- 8.6.5SWOT Analysis
- 8.7Hexagon AB
- 8.7.1Company Overview
- 8.7.2Financial Analysis
- 8.7.3Regional & Segmental Analysis
- 8.7.4Research & Development Expenses
- 8.7.5SWOT Analysis
- 8.83M Company
- 8.8.1Company Overview
- 8.8.2Financial Analysis
- 8.8.3Segmental and Regional Analysis
- 8.8.4Research & Development Expense
- 8.8.5SWOT Analysis
Chapter 9.Winning Imperatives of Utility Locator Market