Global Utility Locator Market to Reach $9.8 Billion by 2030
The global market for Utility Locator estimated at US$6.8 Billion in the year 2022, is projected to reach a revised size of US$9.8 Billion by 2030, growing at a CAGR of 4.6% over the analysis period 2022-2030. Equipment, one of the segments analyzed in the report, is projected to record 4% CAGR and reach US$5.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 5.6% CAGR for the next 8-year period.The U.S. Market is Estimated at $2 Billion, While China is Forecast to Grow at 4.2% CAGR
The Utility Locator market in the U.S. is estimated at US$2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.7 Billion by the year 2030 trailing a CAGR of 4.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4% and 3.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR.Select Competitors (Total 17 Featured) -
- 3M Company
- Geophysical Survey Systems, Inc.
- Ground Penetrating Radar Systems, LLC
- Guideline Geo AB
- Leica Geosystems AG
- Maverick Inspection Ltd.
- Mclaughlin Boring Systems
- MultiView, Inc.
- On Target Utility Services
- One Vision Utility Services
- Radiodetection Ltd.
- RHD Services, Inc.
- Ridge Tool Company
- Sensors & Software Inc.
- The Charles Machine Works
- USIC
- Utilities Plus, LLC.
- Utility Tool Company, Inc.
- Vivax-Metrotech Corp.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 3M Company
- Geophysical Survey Systems, Inc.
- Ground Penetrating Radar Systems, LLC
- Guideline Geo AB
- Leica Geosystems AG
- Maverick Inspection Ltd.
- Mclaughlin Boring Systems
- MultiView, Inc.
- On Target Utility Services
- One Vision Utility Services
- Radiodetection Ltd.
- RHD Services, Inc.
- Ridge Tool Company
- Sensors & Software Inc.
- The Charles Machine Works
- USIC
- Utilities Plus, LLC.
- Utility Tool Company, Inc.
- Vivax-Metrotech Corp.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 282 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 6.8 Billion |
Forecasted Market Value ( USD | $ 9.8 Billion |
Compound Annual Growth Rate | 4.7% |
Regions Covered | Global |