How big is the Utility Locator Market?

The Utility Locator Market size is expected to reach USD 0.91 billion in 2024 and grow at a CAGR of 6.56% to reach USD 1.25 billion by 2029. Read More

What is the current Utility Locator Market size?

In 2024, the Utility Locator Market size is expected to reach USD 0.91 billion. Read More

Who are the key players in Utility Locator Market?

Vivax-Metrotech, Emerson Electric, Geophysical Survey Systems, Inc, Radiodetection Ltd. and Guideline Geo are the major companies operating in the Utility Locator Market. Read More

Which is the fastest growing region in Utility Locator Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Utility Locator Market?

In 2024, the North America accounts for the largest market share in Utility Locator Market. Read More

What years does this Utility Locator Market cover, and what was the market size in 2023?

In 2023, the Utility Locator Market size was estimated at USD 0.85 billion. The report covers the Utility Locator Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Utility Locator Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Utility Locator Market Share

Statistics for the 2023 & 2024 Utility Locator market share, created by Mordor Intelligence™ Industry Reports. Utility Locator share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Utility Locator Industry

The Utility Locator Market is moderately competitive and consists of several major players such as GSSI, Guideline Geo, Vivax-Metrotech, Emerson Electric, and many more. In terms of market share, few major players currently dominate the market. Players with a prominent share of the market focus on expanding their customer base globally. These companies are also leveraging strategic collaborative initiatives to increase their market share and profitability.

In January 2023, Leica Geosystems, part of Hexagon, launched their latest solution for excavation and utility professionals. The new launches, including the Leica DD175 utility locator and Leica DA175 signal transmitter, complement the company's existing Leica DD100 series and can help operators easily detect underground utilities to ensure the safety of site workers.

In October 2022, Radiodetection, a major provider of utility locating solutions, expanded its Ground Penetrating Radar (GPR) offerings with the introduction of LMX150 FINDAR, a compact resolution utility locating system that complements the company's traditional pipe and cable locators.