Market Share of Underground Utility Mapping Industry
The underground utility mapping market is semi-consolidated due to the presence of both global players and small and medium-sized enterprises. Some of the major players in the market are Hexagon AB, GSSI Geophysical Survey Systems Inc., LandScope Engineering Ltd, Plowman Craven Limited, and Geospatial Corporation. The players are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain a competitive advantage.
- July 2023: Hexagon’s Mining division announced the acquisition of Canadian company HARD-LINE, one of the global leaders in mine automation, mine production optimization, and remote-control technology. HARD-LINE specializes in remote control solutions and network infrastructure, allowing for the tele-remote operation of hefty machinery from the control station in a safe area on the surface or underground, regardless of distance.
Underground Utility Mapping Market Leaders
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Hexagon AB
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GSSI Geophysical Survey Systems, Inc.
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Landscope Engineering Ltd
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Plowman Craven Limited
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Geospatial Corporation
*Disclaimer: Major Players sorted in no particular order