The utility locator market is projected to grow from USD 833 million in 2022 to USD 1,109 million in 2027; it is expected to grow at a CAGR of 5.9% from 2022 to 2027. The growth of the market is attributed to the concern for safety and protection of the underground utilities and benefits of utility locator over traditional technologies/ methods.
Key players operating in the market includes Radiodetection Ltd. (UK), Guideline Geo (Sweden), Rigid Tool Company (US), Ditch Witch (The Charles Machine works) (US), Leica Geosystems AG (US), Vivax-Metrotech Corporation (US), 3M (US), USIC LLC (US), multiVIEW Locates Inc. (Canada), and Ground Penetrating Radar (US). Major strategies adopted by top players to enhance their product portfolios, and provide services, increase their market share, and expand their presence in the market mainly include new product launches with latest technology and innovation and deals, such as acquisitions and partnerships.
To know about the assumptions considered for the study download the pdf brochure
Radiodetection Ltd. Designs, develops, and markets locators and test equipment to prevent damage, manage assets, and protect lives. The company offers utility locators for water and sewage line, oil & gas, survey, power, telecommunication, sewer, municipal, construction. It offers high performance product line of utility locators, accessories, and software which includes pipeline integrity and corrison control, Ground penetrating radar, metal and magnetic locators, precision locator range, cable avoidance tools, plastic water pipe locator for identifying underground utilities that are difficult to locate. The company has a strong product range powered by the latest technology. The company operates its business globally through offices in the US, Canada, the UK, Germany, France, the Netherlands, China, India, Hong Kong, Indonesia and Australia.
Guideline Geo offers sensors, software, services and support required for mapping and visualizing the underground surface. The company operates in 4 key areas such as detecting and mapping groundwater, environmental and geological risk assessments, infrastructure site investigations, and mineral exploration.
The company offers its utility locators under the brand name MALA. The company offers product line of utility locators, which includes MALA easy locatore core, MALA easy locator WideRange, MALA ground explorer (GX), MALA MIRA, MALA MIRA HDR, MALA GeoDrone 80, etc. The company has wide geographical presence in the Americas, Europe, Asia and Oceania, Africa and the Middle East.
Utility Locator Market by Technique (Electromagnetic Field, GPR), Offering (Equipment and Services), Target (Metallic Utilities and Non-Metallic Utilities), Vertical (Oil & Gas, Electricity, Transportation) and Region - Global Forecast to 2027
See Also :
Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.SEND ME A FREE SAMPLE