Utility Locator Market Expected to Witness a Significant Growth of $9.07 Billion Globally by 2026, at CAGR of 6.4% | Major Key Players - Leica Geosystems, Guideline Geo, Multiview, Vivax-Metrotech, Sensors & Software, USIC, Radiodetection, 3M, Ridge Tool

Marketprognosis.com Publish a New Market Research Report On “Utility Locator - Global Market Outlook (2017-2026)” which contains global key player’s survey information and forecast to 2026.

Overview of the Global Utility Locator Market:

The Global Utility Locator Market is accounted for $5.19 Billion in 2017 and is expected to reach $9.07 Billion by 2026 growing at a CAGR of 6.4% from 2017 to 2026. Some of the key factors fueling the market include concern for safety and protection of underground utilities, high demand for real-time utility locating services and government initiatives toward implementation of utility locators. However, factors such as lack of expertise, high ownership and maintenance costs are hampering the market growth.

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Amongst End-User, telecommunications segment is likely to account steady market share during the predicted period. The growth can be attributed to the high repair cost of telephone lines, acceptance of utility locators to avoid disturbances in the communication system, and establishment of 5G technology infrastructure.

Geographically, North America dominated the market during the forecast period. The growth in this region is due to the growing concern for public safety, security and government efforts to avoid damage to pipelines and other utilities during the execution of remodeling and infrastructure expansion initiatives.

Major Key Players:

1 Leica Geosystems

2 Guideline Geo

3 Multiview

4 Vivax-Metrotech

5 Sensors & Software

6 USIC

7 Radiodetection

8 The Charles Machine Works

9 3M

10 Ridge Tool Company and More……………..

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Market Segment by Targets:

1 Metallic Utilities

2 Non-Metallic Utilities

Market Segment by End Users:

1 Transportation

2 Oil & Gas

3 Water and Sewage

4 Electricity

5 Telecommunications

6 Other End Users

Market Segment by Techniques:

1 Ground Penetrating Radar

2 Electromagnetic Field

3 Other Techniques

Market Segment by Offerings:

1 Services

2 Equipment

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This study answers to the below key questions:

1 What will the market size be in 2026 and what will the growth rate be?

2 What are the key market trends?

3 What is driving this market?

4 What are the challenges to market growth?

5 Who are the key vendors in this market space?

6 What are the market opportunities and threats faced by the key vendors?

7 What are the strengths and weaknesses of the key vendors?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Utility Locator Market.

Table of Contents:

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Utility Locator Market, By Target

6 Global Utility Locator Market, By End User

7 Global Utility Locator Market, By Technique

8 Global Utility Locator Market, By Offering

9 Global Utility Locator Market, By Geography

10 Key Developments

11 Companies Profiling

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This release was published on openPR.