Press release
Key Influencer in the Underground Utility Mapping Market 2025: Impact of Increasing Construction Activities on the Underground Utility Mapping Market Driver
How Are the key drivers contributing to the expansion of the underground utility mapping market?The surge in construction activities globally is anticipated to foster the expansion of the underground utility mapping market in the future. Construction entails the creation or assembly of structures, infrastructure, or facilities based on specific plans and design. The upswing in construction activities can be linked to aspects such as urbanization, population expansion, infrastructure evolution, and investments in real estate ventures. Precise mapping assists construction crews in pinpointing the position of underground utilities like water pipes, gas lines, and electric cables. This data is crucial in avoiding accidental damage during digging, ensuring safety, and bypassing expensive repairs. For example, in November 2023, according to the Office for National Statistics, a UK government organization, there was a significant spike in new project output in the construction sector, rocketing up by 15.8% in 2022, touching a historic high with a total worth of $165.5 billion (£132,989 million). Hence, the surge in construction endeavors is catalyzing the expansion of the underground utility mapping market.
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What growth opportunities are expected to drive the underground utility mapping market's CAGR through 2034?
In recent times, the underground utility mapping market size has experienced significant expansion. The market is set to escalate from a worth of $1.13 billion in 2024 to approximately $1.26 billion in the following year, marking a compound annual growth rate (CAGR) of 11.3%. This growth during the historic period can be traced back to factors such as technological progression, surging urbanization, strict government policies, growth in infrastructure development projects, and increased awareness about safety measures and damage prevention.
Expectations for the underground utility mapping market size suggest a substantial surge in the coming years, with predictions stating it will reach $1.91 billion by 2029, boasting a compound annual growth rate (CAGR) of 11.0%. The impending growth in the forecast period can be traced back to the adoption of pioneering mapping technologies, the proliferation of smart city initiatives, an upswing in the requirement for proficient utility management solutions, the amalgamation of artificial intelligence and machine learning, and escalating investments in maintaining underground infrastructure. In the forecast period, major trends to watch for include the use of cloud-based solutions, surging applications of drones for surveying, focus on sustainable infrastructure practices, the impact of 5G technology on utility networks, and the advent of augmented reality in the utility mapping industry.
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What are the emerging trends shaping the future of the underground utility mapping market?
Top players in the underground utility mapping market are innovating their product line with advanced technologies such as real-time kinematics (RTK) technology to establish a competitive advantage in the market. RTK technology is a sophisticated GPS correction technique that fine-tunes satellite information to offer sub-inch precision in real time. Take for example, in November 2023, Radiodetection, a company in the UK that specialises in designing, manufacturing, and distributing products to locate and upkeep underground buried pipes and cables, rolled out RD8200SG, a multifunction precision cable and pipe finder. This device utilises real-time kinematics (RTK) technology to not only boost the accuracy of underground utility mapping, but also streamline operational processes by supplying immediate, applicable information. Tailored to work efficiently in busy urban settings as well as demanding rural landscapes, the RD8200SG brings precision and dependability to utility detection and mapping. The introduction of RTK technology elevates precision while promoting a safer work premise by reducing the risk of unintentional utility strikes.
Which growth-oriented segments of the underground utility mapping market are leading the industry's development?
The underground utility mapping market covered in this report is segmented -
1) By Component Type: Solutions, Services
2) By Technology: Electromagnetic (EM), Magnetic, Sonic Or Acoustic, Ground Penetration Radar, Live Line Detector, Robotic Crawler, Other Technologies
3) By Application: Positioning, Identification, Detection
4) By End-Use: Oil And Gas, Defense, Telecommunication, Electricity And Drainage, Railways, Other End Uses
Subsegments:
1) By Solutions: Geophysical Mapping Solutions, Gis-based Mapping Solutions, Ground Penetrating Radar (GPR) Solutions, Electromagnetic Induction Solutions, 3D Mapping And Visualization Tools
2) By Services: Surveying And Mapping Services, Data Collection And Analysis Services, Consultation And Planning Services, Installation And Integration Services, Support And Maintenance Services
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North America was the largest region in the underground utility mapping market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the underground utility mapping market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the underground utility mapping market?
Major companies operating in the underground utility mapping market report are Minnesota Mining and Manufacturing Company (3M); Hexagon AB; Trimble Inc.; Topcon Corporation; Leica Geosystems AG; Bentley Systems Incorporated; Ground Penetrating Radar Systems LLC; Plowman Craven Limited; IDS GeoRadar s.r.l.; AirX Utility Surveyors Inc.; Geophysical Survey Systems Inc.; Guideline Geo AB; Vivax Metrotech Corporation; Sensors & Software Inc.; Radiodetection Ltd.; Diversified Underground Inc.; Landscope Engineering Ltd.; Maverick Inspection Ltd.; ProStar GeoCorp. Inc.; US Radar Inc.; multiVIEW Locates Inc.; Geotec Surveys Limited; Subsurface Utility Imaging LLC; Stoner & Associates Inc.; Geospatial Corporation; Asian Contec Ltd (Stanlay); Red Laser Scanning Ltd.; GeoModel Inc.
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What Is Covered In The Underground Utility Mapping Global Market Report?
•Market Size Forecast: Examine the underground utility mapping market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the underground utility mapping market for a structured understanding.
•Key Players Overview: Analyze major players in the underground utility mapping market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the underground utility mapping market.
•Segment Contributions: Evaluate how different segments drive overall growth in the underground utility mapping market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the underground utility mapping market.
•Industry Challenges: Identify potential risks and obstacles affecting the underground utility mapping market.
•Competitive Landscape: Review strategic developments in the underground utility mapping market, including expansions, agreements, and new product launches.
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