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Utility Locator Market to grow by USD 1.39 Billion through 2025 | Key Drivers, Trends, and Market Forecasts | 17000+ Technavio Research
[May 04, 2021]

Utility Locator Market to grow by USD 1.39 Billion through 2025 | Key Drivers, Trends, and Market Forecasts | 17000+ Technavio Research


NEW YORK, May 4, 2021 /PRNewswire/ --

The utility locator market is poised to grow by USD 1.39 billion and accelerate at a CAGR of almost 5% during 2021-2025. The market records incremental growth due to the stringent regulations on excavation and digging practices during the forecast period.

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The market is concentrated, and the degree of concentration will accelerate during the forecast period. The growing safety and security concerns regarding the protection of underground utilities are one of the major factors propelling the market growth. However, the highly complex and expensive retrofit operations may impede the market growth.

Utility Locator Market 2021-2025: Vendor Analysis

To help businesses improve their market position, the utility locator market report provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include 3M Co., Berntsen International Inc., Emerson Electric Co., Geophysical Survey Systems Inc., Global Instruments Co., Guideline Geo, Hexagon AB, Radiodetection Ltd., Sensors & Software Inc., and The Toro Co.

Utility Locator Market 2021-2025: Key Offerings

  • Market Size & Forecast by Revenue - 2021-2025
  • Market Dynamics – Leading trends, growth drivers, challenges, and market opportunities
  • Market Segmentation – A detailed analysis by technology and geography
  • Competitive Landscape – Detailed vendor information with segments and key offerings

Learn more about the factors impacting the future of the utility locator market, enquire before buying: https://www.technavio.com/talk-to-us?report=IRTNTR70557

Utility Locator Market 2021-2025: Segmentation

The utility locator market is segmented as below:

  • Technology
    • Electrmagnetic field
    • GPR
  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • The Middle East and Africa



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Available Customization


Along with the market data, Technavio offers customizations as per the specific needs of the companies. The following customization options are available for the utility locator market report:

  • Further breakdown of the market segmentation in requested regions.
  • Detailed analysis and profiling of additional market players, vendor segmentation, and vendor offerings.

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research
Jesse Maida
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Email: media@technavio.com
Website: www.technavio.com/
Report Page: https://www.technavio.com/report/utility-locator-market-industry-analysis

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SOURCE Technavio


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