Underground Utility Mapping Market - Industry Trends and Forecast to 2028

The Global Underground Utility Mapping Market Growth at a rate of 11.20% in the forecast period 2022 to 2028.

The Global Underground Utility Mapping Market Size

The underground utility mapping market is segmented on the basis of component and vertical. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.

On the basis of component, the underground utility mapping market is segmented into technological solutions and services. Technological solutions segment is sub-segmented into electromagnetic induction (EMI), ground penetrating radar (GPR) and others. Others segment is further bifurcated into magnetic locators, acoustic pipe locator, and vacuum excavator. Services segment is sub-segmented into professional services and managed services. Professional services segment is further bifurcated into surveying and mapping, training and education and consulting.
On the basis of vertical, the underground utility mapping market is segmented into oil and gas, electricity, government and public safety, construction, telecommunication and others.

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Market Analysis and Insights - Global Underground Utility Mapping Market

Data Bridge Market Research analyses that the underground utility mapping market will exhibit a CAGR of 11.20% for the forecast period of 2021-2028. Rise in the level of economic activities especially in the developing economies and rising governmental initiatives towards the maintenance of underground utilities are the two major factors attributable to the growth of underground utility mapping market. This signifies that the underground utility mapping market value will rise up to USD 2.14 billion by the year 2028.

Underground utility mapping is a system that is used to detect the location of various public utilities such as sewers, electric cables, telecoms cables and gas and water mains. This is done with the help of electromagnetic induction (EMI), ground penetrating radar (GPR) and others. It is imperative to locate underground utilities on the site of construction. Underground utility mapping is undertaken by the various verticals such as oil and gas, electricity, government and public safety, construction, telecommunication and others.

Rising urbanization, infrastructural development and rising construction activities have resulted in propelling growth in the demand for underground utility mapping. Rising initiatives by the government and increased focus on the implementation of underground utility mapping is another important factor fostering the growth of the market. Upsurge in the demand for 3D innovations has further generated lucrative growth opportunities for the underground utility mapping market. Rising safety concerns for the underground utilities will further bolster the market growth rate.

However, the high maintenance costs associated with mapping gadgets and devices will pose a major challenge to the market growth. Dearth of skilled personnel or trained professionals will further worsen the situation for the market and derail the market growth rate.

This underground utility mapping market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on underground utility mapping market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Underground Utility Mapping Market Country Level Analysis

The underground utility mapping market is analysed and market size, volume information is provided by country, component and vertical as referenced above.

The countries covered in the underground utility mapping market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Global Underground Utility Mapping Market Share Analysis

The underground utility mapping market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to underground utility mapping market.

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Key Players Global Underground Utility Mapping Market

The major players covered in the underground utility mapping market report are HEXAGON, Leica Geosystems AG - Part of Hexagon, GSSI Geophysical Survey Systems, Inc., US Radar, Plowman Craven Limited, IDS GeoRadar - Part of Hexagon, Sensors & Software Inc., Vivax-Metrotech Corp., multiVIEW., Enviroscan, Guideline Geo., Ground Penetrating Radar Systems, LLC, ProStar Geocorp, Technics Group., www.parsan.biz., GEOTEC SURVEYS - UNDERGROUND MAPPING, geocarte.in, Cardno, SECON Private Limited. and Stanlay. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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