The North America Utility Locator Market would witness market growth of 4.4% CAGR during the forecast period (2023-2030).
One of the primary uses of utility locators is in the construction industry. Construction projects often involve excavation activities, and accurately identifying underground utilities is crucial to prevent damage. Utility locators enable construction teams to detect and map the location of buried utilities such as gas lines, water pipes, and electrical cables. By doing so, construction companies can avoid costly disruptions, delays, and potential safety hazards associated with accidental utility damage. Utility locators are instrumental in municipal planning and development. City planners utilize these technologies to map existing underground utility networks. This information is essential for making informed decisions about infrastructure expansion, maintenance, and upgrades. Utility locators create accurate and comprehensive subsurface maps, facilitating effective urban development and minimizing the risk of disruptions to existing utility services.
The telecommunications industry relies heavily on underground infrastructure, including fiber-optic cables and communication lines. Utility locators assist in accurately identifying and mapping the location of these underground utilities. This is crucial for planning new installations, expansions, and maintenance activities. Using utility locators, telecommunications companies can avoid accidental damage to critical communication infrastructure, ensuring the reliability and continuity of services. Water and sewer utilities manage extensive networks of underground pipes. Using utility locators in this sector enables the precise location and mapping of water and sewer lines.
As per the report by the Canadian government, updated in 2020, the global telecommunications industry is transitioning from fourth-generation wireless technology (4G) to fifth generation (5G), which will drive future economic growth. This will result in approximately $26 billion in investments by Canadian telecommunications service providers in Canadian networks by 2026. Hence, the factors mentioned above will drive the regional market growth.
The US market dominated the North America Utility Locator Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $296 million by 2030. The Canada market is experiencing a CAGR of 6.8% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 5.8% during (2023 - 2030).
Free Valuable Insights: The Utility Locator Market is Predict to reach USD 1.2 billion by 2030, at a CAGR of 5.2%
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 U.S., Mexico, Canada, and Rest of North America.
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
North America 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 Country
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Utility Locator Market, by Technique
1.4.2 North America Utility Locator Market, by Offering
1.4.3 North America Utility Locator Market, by Application
1.4.4 North America 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. North America Utility Locator Market, By Technique
4.1 North America Electromagnetic Field Market, By Country
4.2 North America Ground Penetrating Radar Market, By Country
4.3 North America Others Market, By Country
Chapter 5. North America Utility Locator Market, By Offering
5.1 North America Equipment Market, By Country
5.2 North America Services Market, By Country
Chapter 6. North America Utility Locator Market, By Application
6.1 North America Telecommunications Market, By Country
6.2 North America Water & Sewage Market, By Country
6.3 North America Electricity Market, By Country
6.4 North America Oil & Gas Market, By Country
6.5 North America Transportation Market, By Country
6.6 North America Others Market, By Country
Chapter 7. North America Utility Locator Market, By Country
7.1 US Utility Locator Market
7.1.1 US Utility Locator Market, By Technique
7.1.2 US Utility Locator Market, By Offering
7.1.3 US Utility Locator Market, By Application
7.2 Canada Utility Locator Market
7.2.1 Canada Utility Locator Market, By Technique
7.2.2 Canada Utility Locator Market, By Offering
7.2.3 Canada Utility Locator Market, By Application
7.3 Mexico Utility Locator Market
7.3.1 Mexico Utility Locator Market, By Technique
7.3.2 Mexico Utility Locator Market, By Offering
7.3.3 Mexico Utility Locator Market, By Application
7.4 Rest of North America Utility Locator Market
7.4.1 Rest of North America Utility Locator Market, By Technique
7.4.2 Rest of North America Utility Locator Market, By Offering
7.4.3 Rest of North America 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
TABLE 1 North America Utility Locator Market, 2019 - 2022, USD Million
TABLE 2 North America Utility Locator Market, 2023 - 2030, USD Million
TABLE 3 North America Utility Locator Market, By Technique, 2019 - 2022, USD Million
TABLE 4 North America Utility Locator Market, By Technique, 2023 - 2030, USD Million
TABLE 5 North America Electromagnetic Field Market, By Country, 2019 - 2022, USD Million
TABLE 6 North America Electromagnetic Field Market, By Country, 2023 - 2030, USD Million
TABLE 7 North America Ground Penetrating Radar Market, By Country, 2019 - 2022, USD Million
TABLE 8 North America Ground Penetrating Radar Market, By Country, 2023 - 2030, USD Million
TABLE 9 North America Others Market, By Country, 2019 - 2022, USD Million
TABLE 10 North America Others Market, By Country, 2023 - 2030, USD Million
TABLE 11 North America Utility Locator Market, By Offering, 2019 - 2022, USD Million
TABLE 12 North America Utility Locator Market, By Offering, 2023 - 2030, USD Million
TABLE 13 North America Equipment Market, By Country, 2019 - 2022, USD Million
TABLE 14 North America Equipment Market, By Country, 2023 - 2030, USD Million
TABLE 15 North America Services Market, By Country, 2019 - 2022, USD Million
TABLE 16 North America Services Market, By Country, 2023 - 2030, USD Million
TABLE 17 North America Utility Locator Market, By Application, 2019 - 2022, USD Million
TABLE 18 North America Utility Locator Market, By Application, 2023 - 2030, USD Million
TABLE 19 North America Telecommunications Market, By Country, 2019 - 2022, USD Million
TABLE 20 North America Telecommunications Market, By Country, 2023 - 2030, USD Million
TABLE 21 North America Water & Sewage Market, By Country, 2019 - 2022, USD Million
TABLE 22 North America Water & Sewage Market, By Country, 2023 - 2030, USD Million
TABLE 23 North America Electricity Market, By Country, 2019 - 2022, USD Million
TABLE 24 North America Electricity Market, By Country, 2023 - 2030, USD Million
TABLE 25 North America Oil & Gas Market, By Country, 2019 - 2022, USD Million
TABLE 26 North America Oil & Gas Market, By Country, 2023 - 2030, USD Million
TABLE 27 North America Transportation Market, By Country, 2019 - 2022, USD Million
TABLE 28 North America Transportation Market, By Country, 2023 - 2030, USD Million
TABLE 29 North America Others Market, By Country, 2019 - 2022, USD Million
TABLE 30 North America Others Market, By Country, 2023 - 2030, USD Million
TABLE 31 North America Utility Locator Market, By Country, 2019 - 2022, USD Million
TABLE 32 North America Utility Locator Market, By Country, 2023 - 2030, USD Million
TABLE 33 US Utility Locator Market, 2019 - 2022, USD Million
TABLE 34 US Utility Locator Market, 2023 - 2030, USD Million
TABLE 35 US Utility Locator Market, By Technique, 2019 - 2022, USD Million
TABLE 36 US Utility Locator Market, By Technique, 2023 - 2030, USD Million
TABLE 37 US Utility Locator Market, By Offering, 2019 - 2022, USD Million
TABLE 38 US Utility Locator Market, By Offering, 2023 - 2030, USD Million
TABLE 39 US Utility Locator Market, By Application, 2019 - 2022, USD Million
TABLE 40 US Utility Locator Market, By Application, 2023 - 2030, USD Million
TABLE 41 Canada Utility Locator Market, 2019 - 2022, USD Million
TABLE 42 Canada Utility Locator Market, 2023 - 2030, USD Million
TABLE 43 Canada Utility Locator Market, By Technique, 2019 - 2022, USD Million
TABLE 44 Canada Utility Locator Market, By Technique, 2023 - 2030, USD Million
TABLE 45 Canada Utility Locator Market, By Offering, 2019 - 2022, USD Million
TABLE 46 Canada Utility Locator Market, By Offering, 2023 - 2030, USD Million
TABLE 47 Canada Utility Locator Market, By Application, 2019 - 2022, USD Million
TABLE 48 Canada Utility Locator Market, By Application, 2023 - 2030, USD Million
TABLE 49 Mexico Utility Locator Market, 2019 - 2022, USD Million
TABLE 50 Mexico Utility Locator Market, 2023 - 2030, USD Million
TABLE 51 Mexico Utility Locator Market, By Technique, 2019 - 2022, USD Million
TABLE 52 Mexico Utility Locator Market, By Technique, 2023 - 2030, USD Million
TABLE 53 Mexico Utility Locator Market, By Offering, 2019 - 2022, USD Million
TABLE 54 Mexico Utility Locator Market, By Offering, 2023 - 2030, USD Million
TABLE 55 Mexico Utility Locator Market, By Application, 2019 - 2022, USD Million
TABLE 56 Mexico Utility Locator Market, By Application, 2023 - 2030, USD Million
TABLE 57 Rest of North America Utility Locator Market, 2019 - 2022, USD Million
TABLE 58 Rest of North America Utility Locator Market, 2023 - 2030, USD Million
TABLE 59 Rest of North America Utility Locator Market, By Technique, 2019 - 2022, USD Million
TABLE 60 Rest of North America Utility Locator Market, By Technique, 2023 - 2030, USD Million
TABLE 61 Rest of North America Utility Locator Market, By Offering, 2019 - 2022, USD Million
TABLE 62 Rest of North America Utility Locator Market, By Offering, 2023 - 2030, USD Million
TABLE 63 Rest of North America Utility Locator Market, By Application, 2019 - 2022, USD Million
TABLE 64 Rest of North America Utility Locator Market, By Application, 2023 - 2030, USD Million
TABLE 65 Key Information – Megger Group Limited
TABLE 66 Key Information – USIC, LLC
TABLE 67 Key Information – multiVIEW Locates Inc.
TABLE 68 Key Information – Penhall Company
TABLE 69 Key Information – SPX Technologies, Inc.
TABLE 70 Key Information – Emerson Electric Co.
TABLE 71 Key Information – Hexagon AB
TABLE 72 Key Information – 3M Company
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Utility Locator Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Utility Locator Market
FIG 4 North America Utility Locator Market Share, By Technique, 2022
FIG 5 North America Utility Locator Market Share, By Technique, 2030
FIG 6 North America Utility Locator Market, By Technique, 2019- 2030, USD Million
FIG 7 North America Utility Locator Market Share, By Offering, 2022
FIG 8 North America Utility Locator Market Share, By Offering, 2030
FIG 9 North America Utility Locator Market, By Offering, 2019 - 2030, USD Million
FIG 10 North America Utility Locator Market Share, By Application, 2022
FIG 11 North America Utility Locator Market Share, By Application, 2030
FIG 12 North America Utility Locator Market, By Application, 2019 - 2030, USD Million
FIG 13 North America Utility Locator Market Share, By Country, 2022
FIG 14 North America Utility Locator Market Share, By Country, 2030
FIG 15 North America Utility Locator Market, By Country, 2019 - 2030, USD Million
FIG 16 Swot analysis: SPX Technologies, Inc.
FIG 17 Swot Analysis: EMERSON ELECTRIC CO.
FIG 18 SWOT Analysis: Hexagon AB
FIG 19 SWOT Analysis: 3M Company