North America Utility Locator Market Set to Register Striking CAGR by 2029, Size

15 November 2023

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The world class North America Utility Locator Market report is generated by keeping in mind all the necessities of the businesses required for achieving a successful business growth. This report predicts the size of the market with respect to the information on key retailer revenues, development of the industry by upstream and downstream, industry progress, key companies, along with market segments and application. Objectives of the marketing research are kept in mind while preparing this report. Market segmentation study is carried out in terms of markets covered, geographic scope, years considered for the study, currency and pricing in the winning North America Utility Locator Market report.

The large scale North America Utility Locator Market report is an insightful and actionable market report which is always in demand by the businesses for the growth and success. The report also recognizes and analyses the growing trends along with major drivers, restraints, challenges and opportunities in the This industry. Market drivers, market restraints, opportunities and challenges are studied under the topic of market overview, which gives important insights to businesses for taking right moves. Furthermore, North America Utility Locator Market survey report presents a profound overview of product specification, technology, product type and production analysis by taking into account most important factors such as revenue, cost, and gross margin.

The North America utility locator market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with the CAGR of 7.3% in the forecast period of 2022 to 2029 and expected to reach USD 3,328.23 million by 2029.

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Key Players Mentioned in the North America Utility Locator Market Research Report:

US Radar, 3M, Emerson Electric Co., Vermeer Corporation, Stake Centre Locating, Subsite Electronics, USIC, Ground Penetrating Radar Systems, LLC., RYCOM Instruments, Inc., Penhall

Report Objectives

Analyzing the size of the Subscriber North America Utility Locator market on the basis of value and volume
Accurately calculating the market shares, consumption, and other vital factors of different segments of the Subscriber North America Utility Locator market
Exploring key dynamics of the Subscriber North America Utility Locator market
Highlighting important trends of the Subscriber North America Utility Locator market in terms of production, revenue, and sales
Deeply profiling top players of the Subscriber North America Utility Locator market and showing how they compete in the industry
Studying manufacturing processes and costs, product pricing, and various trends related to them
Showing the performance of different regions and countries in the Subscriber North America Utility Locator market
Forecasting the market size and share of all segments, regions, and the market.

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North America Utility Locator Market Regional Analysis:

North America: (United States, Canada, Europe, Germany, France, U.K., Italy, Russia)

Asia-Pacific: (China, Japan, South Korea, Australia, Taiwan, Indonesia, Thailand, Malaysia)

Latin America: (Mexico, Brazil, Argentina, Colombia)

Middle East & Africa: (Turkey, Saudi Arabia, UAE)

Based on the North America Utility Locator Industry Market Segmentations:

Based on methods, the North America utility locator market is segmented into electromagnetic field, ground penetration radar, frequency locators, cable locators, magnetometers, manhole locators, vacuum or hydro excavation, and others. In 2022, the electromagnetic field segment is expected to dominate the market as this method is very accurate and commonly used to detect gas, electric, telephone, cable, propane, water, sewer, storm, and irrigation lines. Moreover, Electromagnetic locating is fully safe and non-destructive to the lines being located, which means the locator can get a full layout of what’s beneath the surface of the job site without ever lifting a shovel.

Based on target, the North America utility locator market is segmented into metallic-utilities, non-metallic utilities, and others. In 2022, the metallic-utilities segment is expected to dominate the market as most subsurface utilities are made from metal; water pipes, cables, or electric lines all consist of metallic bodies.

Based on offering, the North America utility locator market is segmented into hardware, solutions, and services. In 2022, the hardware segment is expected to dominate the market as hardware devices are sold at high prices and are limited to only commercial usage. The contractors are the only person that can do utility locating through those devices. With the increasing requirement of utility locating more utility locators are being manufactured and sold quickly.

Based on organization size, the North America utility locator market is segmented into small scale organization, medium scale organization, and large scale organization. In 2022, the large scale organizations segment is expected to dominate the market as they can easily afford the utility locator hardware. Moreover, high-value assets are laid underground, such as cables, power lines, and water lines, and any damage to these can cause major losses to the company; therefore, large organizations rely highly on utility locators.

Based on vertical, the North America utility locator market is segmented into power & utilities, oil & gas, transportation & logistics, water and sewage, telecommunications and others. In 2022, the telecommunications segment is expected to dominate the market as the telecommunication industry is flourishing in the region. It is essential to detect telephone lines, fibre optic lines, and cable lines before excavation. With increasing growth in the telecommunication industry, more utility locators are being used for the telecommunication vertical.

Key questions answered in the report:

Which are the five top players of the North America Utility Locator?
How will the North America Utility Locator market change in the next five years?
Which product and application will take a lion’s share of the North America Utility Locator?
What are the drivers and restraints of the North America Utility Locator?
Which regional market will show the highest growth?
What will be the CAGR and size of the North America Utility Locator market throughout the forecast period?

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Key Benefits:

This research offers a comprehensive analysis of current trends, projections, and dynamics for the years, with the goal of assisting in the identification of current market opportunities.
The individual market revenue of the major countries in each area is mapped.
The research examines the North America Utility Locator circumstances on a regional and country-by-country basis.
The North America Utility Locator major participants have been identified.
To understand the competitive environment across geographies, this study assesses the competitive landscape and conducts a value chain analysis.
An in-depth analysis of the North America Utility Locator segmentation within the market has been offered, which is predicted to aid in the current market opportunities.

Table of Contents

Report Overview: It includes major players of the North America Utility Locator market covered in the research study, research scope, and Market segments by type, market segments by application, years considered for the research study, and objectives of the report.

Growth Trends: This section focuses on industry trends where market drivers and top market trends are shed light upon. It also provides growth rates of key producers operating in the North America Utility Locator market. Furthermore, it offers production and capacity analysis where marketing pricing trends, capacity, production, and production value of the North America Utility Locator market are discussed.

Market Share by Manufacturers: Here, the report provides details about revenue by manufacturers, production and capacity by manufacturers, price by manufacturers, expansion plans, mergers and acquisitions, and products, market entry dates, distribution, and market areas of key manufacturers.

Market Size by Type: This section concentrates on product type segments where production value market share, price, and production market share by product type are discussed.

Market Size by Application: Besides an overview of the North America Utility Locator market by application, it gives a study on the consumption in the North America Utility Locator market by application.

Production by Region: Here, the production value growth rate, production growth rate, import and export, and key players of each regional market are provided.

Consumption by Region: This section provides information on the consumption in each regional market studied in the report. The consumption is discussed on the basis of country, application, and product type.

Company Profiles: Almost all leading players of the North America Utility Locator market are profiled in this section. The analysts have provided information about their recent developments in the North America Utility Locator market, products, revenue, production, business, and company.

Market Forecast by Production: The production and production value forecasts included in this section are for the North America Utility Locator market as well as for key regional markets.

Market Forecast by Consumption: The consumption and consumption value forecasts included in this section are for the North America Utility Locator market as well as for key regional markets.

Value Chain and Sales Analysis: It deeply analyzes customers, distributors, sales channels, and value chain of the North America Utility Locator market.

Key Findings: This section gives a quick look at important findings of the research study.

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