Market Share of Underground Utility Mapping Industry
The underground utility mapping market features a semi-consolidated landscape, characterized by the coexistence of global giants and a multitude of small to medium-sized enterprises. Key players shaping the market include Hexagon AB, GSSI Geophysical Survey Systems Inc., LandScope Engineering Ltd, Plowman Craven Limited, and Geospatial Corporation. These players are strategically leveraging partnerships and acquisitions to bolster their product offerings and secure a competitive edge.
For example, in April 2024, USIC, LLC ("USIC"), a prominent player in underground utility damage prevention, forged an official partnership with the U.S. Army's Partnership for Your Success (PaYS) Program. This initiative provides American soldiers with opportunities to serve their country while simultaneously preparing for their post-service careers. The partnership was ceremoniously signed at USIC's corporate headquarters, with the event being hosted by the Indiana Army National Guard Recruiting and Retention Battalion. As a recognized PaYS Partner, USIC pledges to offer soldiers an interview and a shot at employment once they conclude their Army tenure. This strategic alliance not only facilitates a smoother transition for soldiers into civilian life but also underscores the US Army's dedication to nurturing strong relationships with the corporate sector.
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