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Europe Utility Locator Market Size, Share & Trends Analysis Report By Technique (Electromagnetic Field, Ground Penetrating Radar, and Others), By Offering, By Application, By Country and Growth Forecast, 2023 - 2030

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    Report

  • 95 Pages
  • February 2024
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5945778
The Europe Utility Locator Market would witness market growth of 4.8% CAGR during the forecast period (2023-2030).

Incorporating augmented reality (AR) into utility locators is an emerging trend transforming field technicians' operations. AR applications overlay digital information onto the real-world environment, allowing technicians to visualize underground utilities in real time through AR glasses or mobile devices. This immersive experience enhances on-site decision-making, reduces errors, and improves operational efficiency. The use of unmanned aerial vehicles (UAVs) or drones is gaining popularity in the utility locator market. Drones equipped with specialized sensors can survey large areas quickly and efficiently, providing a bird's-eye view of underground infrastructure. This trend expedites the mapping process, reduces the need for ground-level surveys in challenging terrains, and enhances the overall efficiency of utility detection.

The utility locator market is witnessing the development of autonomous and semi-autonomous systems that can perform certain tasks with minimal human intervention. This trend aims to improve the efficiency and accuracy of utility detection processes, reducing the workload on field technicians and expediting mapping activities. Enhanced Geographic Information System (GIS) integration is an innovative trend in utility locators. Advanced GIS capabilities allow stakeholders to visualize, analyze, and manage underground infrastructure more effectively. This innovation contributes to better-informed decision-making, especially in complex urban environments.

The UK government invests over 160 million dollars to improve infrastructure and aid local communities. The expenditure of £35.3 million for essential maintenance on the Tyne Bridge and adjacent Central Motorway, like enhancements to traffic management and cycle route facilities, will generate £130.5 million in economic benefits by enhancing local connectivity. Thus, all these factors will uplift the regional market’s expansion in the coming years.

The Germany market dominated the Europe Utility Locator Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $76.3 million by 2030. The UK market is exhibiting a CAGR of 3.9% during (2023 - 2030). Additionally, The France market would experience a CAGR of 5.6% during (2023 - 2030).

Based on Technique, the market is segmented into Electromagnetic Field, Ground Penetrating Radar, and Others. Based on Offering, the market is segmented into Equipment and Services. Based on Application, the market is segmented into Telecommunications, Water & Sewage, Electricity, Oil & Gas, Transportation, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

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

Market Report Segmentation

By Technique
  • Electromagnetic Field
  • Ground Penetrating Radar
  • Others
By Offering
  • Equipment
  • Services
By Application
  • Telecommunications
  • Water & Sewage
  • Electricity
  • Oil & Gas
  • Transportation
  • Others
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Utility Locator Market, by Technique
1.4.2 Europe Utility Locator Market, by Offering
1.4.3 Europe Utility Locator Market, by Application
1.4.4 Europe Utility Locator Market, by Country
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. Europe Utility Locator Market, By Technique
4.1 Europe Electromagnetic Field Market, By Country
4.2 Europe Ground Penetrating Radar Market, By Country
4.3 Europe Others Market, By Country
Chapter 5. Europe Utility Locator Market, By Offering
5.1 Europe Equipment Market, By Country
5.2 Europe Services Market, By Country
Chapter 6. Europe Utility Locator Market, By Application
6.1 Europe Telecommunications Market, By Country
6.2 Europe Water & Sewage Market, By Country
6.3 Europe Electricity Market, By Country
6.4 Europe Oil & Gas Market, By Country
6.5 Europe Transportation Market, By Country
6.6 Europe Others Market, By Country
Chapter 7. Europe Utility Locator Market, By Country
7.1 Germany Utility Locator Market
7.1.1 Germany Utility Locator Market, By Technique
7.1.2 Germany Utility Locator Market, By Offering
7.1.3 Germany Utility Locator Market, By Application
7.2 UK Utility Locator Market
7.2.1 UK Utility Locator Market, By Technique
7.2.2 UK Utility Locator Market, By Offering
7.2.3 UK Utility Locator Market, By Application
7.3 France Utility Locator Market
7.3.1 France Utility Locator Market, By Technique
7.3.2 France Utility Locator Market, By Offering
7.3.3 France Utility Locator Market, By Application
7.4 Russia Utility Locator Market
7.4.1 Russia Utility Locator Market, By Technique
7.4.2 Russia Utility Locator Market, By Offering
7.4.3 Russia Utility Locator Market, By Application
7.5 Spain Utility Locator Market
7.5.1 Spain Utility Locator Market, By Technique
7.5.2 Spain Utility Locator Market, By Offering
7.5.3 Spain Utility Locator Market, By Application
7.6 Italy Utility Locator Market
7.6.1 Italy Utility Locator Market, By Technique
7.6.2 Italy Utility Locator Market, By Offering
7.6.3 Italy Utility Locator Market, By Application
7.7 Rest of Europe Utility Locator Market
7.7.1 Rest of Europe Utility Locator Market, By Technique
7.7.2 Rest of Europe Utility Locator Market, By Offering
7.7.3 Rest of Europe 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

Companies Mentioned

  • Megger Group Limited
  • USIC, LLC
  • multiVIEW Locates Inc.
  • Penhall Company
  • SPX Technologies, Inc.
  • Emerson Electric Co.
  • Hexagon AB
  • 3M Company

Methodology

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