Press release
Underground Utility Mapping Market 2022: In-depth Research with Emerging Growth Trends, Regional Status of Top Key Players, Driving Factors, Business Strategies and Industry Size Forecast to 2029
Underground Utility Mapping Market 2022-2029
New study report" Underground Utility Mapping Market 2022 Market Opportunities, Challenges, Strategies, and Forecasts 2029″ has been added to Fortune Business Insights.
Market Overview:
The underground utility mapping market size is set to gain momentum due to the need for ensuring safety in underlying structures in the construction sector. Rising urbanization and the demand for smarter construction and better connectivity will boost the market size during the forthcoming years. Fortune Business Insights presents this information in its report titled "Underground Utility Mapping Market, 2022-2029."
Underground utility mapping is a study to carry out the planning phase of any new construction work. The study helps minimize risks during excavation in construction work. The process is important in urban areas where rapid construction activities are going on across the commercial, residential, pipeline works, and industrial sectors. The process involves mapping of underlying structures using electromagnetic locators and ground-penetrating radar.
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Key Industry Development:
December 2020-The KGS Group was awarded a USD 74,964 tender for refurbishment work of the Estevan water tower by the Canada Council in Estevan city. The town's best backup water system water and refurbishment have begun to show fatigue recently.
List of Companies Covered in the Underground Utility Mapping Market Report:
Vivax- Metrotech Corporation
Sensors & Software Inc.,
US Radar
Parsan
Cardno
Plowman Craven
Geosystems s.r.o.
multiVIEW Locates Inc.,
SECON Private Limited.
Apex Surveys.
Covide-19 Impact:
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
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Method of Research:
Fail-safe, modern research methodologies are employed for the Underground Utility Mapping market analysis. An exhaustive primary and secondary research conducted on the market using robust research techniques aid in the prediction of the market size at the end of forecast period. Top-up and bottom-down approaches were maintained in the entire market study.
Report Coverage:
Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
Comprehensive insights into the regional developments.
List of major industry players.
Key strategies adopted by the market players.
Latest industry developments such as product launches, partnerships, mergers, and acquisitions.
Driving Factors:
New Construction Activities to Fuel Underground Utility Mapping Demand
Underground utility mapping market growth is gaining momentum due to the need for better safety of underlying structures in infrastructure. New construction activities such as underground electrification and metros in developing countries boosts the demand for underground utility mapping. Also, the initiatives by the government to ensure public safety present healthy growth opportunities for the market.
On the contrary, the requirement of skilled labor with proper know-how to ensure safe operation and reduce maintenance costs of the equipment may affect the market growth during the forecast period.
Segmentation:
Based on component type, the market is classified into ground penetrating radar (GPR), solutions, electromagnetic induction (EMI), services, professional services, managed services, and others.
On the basis of the end-use industry type, the market is split into electricity, public safety, construction, telecommunication, oil & gas, and others.
Region-wise, the market is broken into Europe, North America, Asia Pacific, Latin America, and Middle East & Africa.
Regional Insights:
Increasing Urbanization and Construction Activities to Boost Growth in North America
Underground utility mapping market share is divided into Europe, North America, Asia Pacific, Latin America, and Middle East & Africa. North America holds the major share in the market globally due to higher demand for construction activities and this region has a vast investment in oil & gas exploration.
Asia Pacific is expected to show higher growth due to the countries such as India and China having increasing urbanization, mining activities, and growing focus on oil & gas.
Europe will showcase significant growth due to rising construction activities and telecommunication systems required for undisturbed strong networks.
Major Table of Content:
Introduction
Executive Summary
Market Dynamics
Key Insights
Underground Utility Mapping Market Analysis, Insights and Forecast, 2022-2029
North America Underground Utility Mapping Market Analysis, Insights and Forecast, 2022-2029
Europe Underground Utility Mapping Market Analysis, Insights and Forecast, 2022-2029
Asia Pacific Underground Utility Mapping Market Analysis, Insights and Forecast, 2022-2029
Middle East and Africa Underground Utility Mapping Market Analysis, Insights and Forecast, 2022-2029
Latin America Underground Utility Mapping Market Analysis, Insights and Forecast, 2022-2029
Market Share Analysis, By Key Players, 2022
Competition Matrix
Company Profile
Continue….
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About Us:
Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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