openPR Logo
Press release

Utility Locator Market To Reach USD 1,315 Million by 2030

09-08-2023 01:17 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Intelligence

Utility Locator Market To Reach USD 1,315 Million by 2030

The utility locator market was USD 835 million in 2022, and it will grow at a rate of 5.9% in the years to come, to reach USD 1,315 million by 2030.

Governments in numerous countries are concerned with regards to the safety of utilities existing underground. The infra that exists beneath the ground, in the form of telephone lines, oil & gas pipelines, electricity cables, and water & sewer pipelines, is indispensable to cater to the requirements of people.

Request for sample pages of this report: https://www.psmarketresearch.com/market-analysis/utility-locator-market/report-sample

This is set up under the ground to avert damage as a result of daily human activities or adverse weather and to guarantee the safety and suitability of the people exist or working near or in the same area.

In the years to come, the electromagnetic field technique will have the largest utility locator market share. Furthermore, it will grow at a rate of about 6%, credited to the capability of this method to provide info about a variety of utilities, such as gas pipes, electricity wires, and water & sewage pipes, which are a part of the general civil infra.

Using a combination of a transmitter and receiver for producing and analyzing the signal, for identifying the exact positions of the structures present below the ground, the electromagnetic field is mostly used for recognizing metallic utility structures.

The services category will grow at the higher rate, of about 6.1%, in the years to come, as stated by P&S Intelligence. Training, repair & maintenance, inspection, and calibration services are needed regularly for the equipment put to use in the utility locating process.

Training is one of the most-vital services as it allows the operator to make use of the equipment with precision, while preserving complete safety on the site. Furthermore, with the regular use of the equipment, maintenance and repairs are needed.

The metallic utilities category comprises conduits and metal pipes, whereas the non-metallic category comprises plastic, concrete, and other materials. Metallic utilities will hold a substantial market share in the years to come because of the wide use of electromagnetic field solutions for the tracking and identification of these kinds of structures.

Browse full report at: https://www.psmarketresearch.com/market-analysis/utility-locator-market

The telecom vertical will grow at a rate of over 6.4% in the years to come, and it will have the largest share. Telecom infra is important to meet the communication requirements that exist worldwide. The placement of sophisticated technologies and systems to provide coverage to rural areas, particularly in emerging countries, has become significant. Moreover, the present ones in towns and cities require maintenance without any disturbance in communication.

North American utility locator market was the leader in the past, and it will grow at a rate of over 6% in the years to come. The growth has a lot to do with the increasing requirement for the boosted inspection of sites before digging or excavation, new building construction, and maintenance of the current infra in Canada and the U.S.

Due to the increasing requirement of protecting existing utilities, the demand for utility locator will continue to grow in the years to come.

About P&S Intelligence

P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.

Contact:
Chandra Mohan
AVP - Business Development
Phone: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Blogs: https://worldwideanalysistrends.blogspot.com/
Follow Us: https://www.linkedin.com/company/pnsintelligence/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Utility Locator Market To Reach USD 1,315 Million by 2030 here

News-ID: 3201480 • Views:

More Releases from P&S Intelligence

U.S. ESG Investments Market Set to Skyrocket: $16 Trillion by 2032
U.S. ESG Investments Market Set to Skyrocket: $16 Trillion by 2032
According to the latest market research study published by P&S Intelligence, the U.S. Environmental, Social, and Governance (ESG) investments market is experiencing a significant surge, with projections indicating an increase from $6.5 trillion in 2024 to an estimated $16.0 trillion by 2032. This represents a robust compound annual growth rate (CAGR) of 12.1% over the forecast period. According to a comprehensive analysis by P&S Intelligence, the market's expansion is driven
Facility Management in the U.K. Booms with 14.1% CAGR as Demand Soars Across Sectors
Facility Management in the U.K. Booms with 14.1% CAGR as Demand Soars Across Sec …
According to the latest market research study published by P&S Intelligence, the U.K. facility management market is poised for significant growth, with projected revenues reaching USD 2,743.3 million in 2024 and expected to soar to USD 6,038.4 million by 2030, reflecting a robust CAGR of 14.1% during the forecast period. This expansion is fueled by a surge in demand across both public and private sectors. According to the RICS U.K.
Point-of-Sale Software Market in the U.S. Set to Grow by 9.7% CAGR, Boosted by Omnichannel Integration
Point-of-Sale Software Market in the U.S. Set to Grow by 9.7% CAGR, Boosted by O …
According to the latest market research study published by P&S Intelligence, the U.S. point-of-sale (POS) software market, valued at USD 4.7 billion in 2024, is poised for significant growth over the coming years, with projections estimating it will reach USD 9.8 billion by 2032, expanding at a compound annual growth rate (CAGR) of 9.7%. This growth is attributed to rapid technological advancements, a surge in mobile and cloud-based POS systems,
Competitive Landscape of the Industrial Starches Market: Key Players, Trends, and Growth Opportunities
Competitive Landscape of the Industrial Starches Market: Key Players, Trends, an …
According to the latest market research study published by P&S Intelligence, the global industrial starches market is poised for significant growth, with a projected increase from USD 110.3 billion in 2024 to USD 169.9 billion by 2030, at a robust compound annual growth rate (CAGR) of 7.5%. Industrial starches play a crucial role in diverse sectors, including food, pharmaceuticals, and paper, driven by their unique properties such as stabilizing, thickening,

All 4 Releases


More Releases for USD

Chlorella Market Reach USD 465.85 Million USD by 2030
Market Growth Fueled by Increased Adoption of Plant-Based Proteins and Health Supplements Global Chlorella Market size was valued at USD 303.75 Mn. in 2023 and the total Chlorella revenue is expected to grow by 6.3 % from 2024 to 2030, reaching nearly USD 465.85 Mn. . The growth of the market is majorly due to increase in the consumer awareness about health, the inclination towards plant-based food such as chlorella and
Bamboo Clothing Market: USD 1.83B to USD 3.27B by 2030
Bamboo Clothing Market Poised for Robust Growth with Sustainability and Eco-Friendly Trends Driving Demand The global bamboo clothing market is experiencing substantial growth, spurred by a significant shift towards sustainable fashion and eco-friendly materials. As consumers become increasingly conscious of their environmental impact, bamboo fabric-known for its natural, biodegradable properties-is gaining popularity in the fashion industry. This market is expected to continue its upward trajectory, driven by rising demand for eco-conscious
Biometrics Market: "Biometrics: USD 34.3B to USD 112.4B by 2031"
Biometrics Market Market Scope: Key Insights : Biometrics Market size was valued at USD 34.3 billion in 2022 and is poised to grow from USD 39.1 billion in 2023 to USD 112.4 billion by 2031, growing at a CAGR of 14.1% during the forecast period (2024-2031). Discover Your Competitive Edge with a Free Sample Report :https://www.skyquestt.com/sample-request/biometrics-market Access the full 2024 Market report for a comprehensive understanding @https://www.skyquestt.com/report/biometrics-market In-Depth Exploration of the global Biometrics
Advanced (3D/4D) Visualization Systems Market Size, Trends, Growth, Share to sur …
Fatpos Global has carefully studied specific areas, such as application and product type, in the global Advanced (3D/4D) Visualization Systems Market research study. During the predicted period of 2022 to 2032, each kind gives data on sales. The Advanced (3D/4D) Visualization Systems Market analysis examines into the characteristics and financials of the leading participants. As per the analysis research report, the Advanced (3D/4D) Visualization Systems Market to
$100,000,000 USD job contract for travel - $3,000,000 USD referral commission.
Khoja Consultants invites companies, teams or venture capitalists for a $100,000,000 USD contract for travel. The selected company will be providing all accommodations and expenses for a 6-month long business trip around the world. Khoja Consultants expects five-star treatment including close security with private planes, hotels, secured vehicles and helicopters if necessary. More details on the job contract and application are provided at - www.KhojaConsultants.com. There is a $3,000,000
IOT Solutions Market worth USD 553.9 million USD by 2026
"The global IoT solutions market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cybersecurity as a service market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa." These days many businesses are adopting a market research report