Global Utility Locator Market Trend, Size, Share, Trends, Growth, Report and Forecast 2023-2028

May 13, 2024 sonusmith (0) Comments

MarkNtel Advisors recently published a report, titled, ” Global Utility Locator Market By Technique (Electromagnetic Field, Ground Penetrating Radar, Others), By Offering, (Equipment, Services), By Target (Metallic, Non-Metallic), By End User (Telecommunication, Electricity, Water and Sewage, Oil & Gas, Transportation, Others), As per as the report The Global Utility Locator Market size was valued at USD 780 Million in 2022 and is projected to grow at a CAGR of around 6.5% during the forecast period, i.e., 2023-28.

“If you haven’t caught it, our reports are undergoing an update. Hit the “request sample” button to access the most up-to-date sample research data and forecasts, covering a forecast for 2024 to 2030. This report would have insights on market size, industry trends, and a competitive analysis along with all the market information required for market analysis. So quickly grab a sample of our report and decide whether it would help you or not in your strategic decision making”.

Global Utility Locator Market Possible Restraint

Shortage of Expertise and High Cost of Ownership – The prominent factor hindering the market growth is the shortage of expertise and the required skillset in operating and interpreting utility locator systems effectively. As these technologies become more sophisticated, users need to possess specialized knowledge and undergo adequate training to use them correctly and extract accurate information. The lack of skilled personnel may deter some organizations from fully embracing utility locator systems, thereby restricting the market’s overall growth potential. Besides, the high cost of ownership and maintenance associated with utility locator systems is expected to impede market growth during 2023-28.

Leading Companies in Global Utility Locator Market:

Radiodetection Ltd., Vivax-Metrotech Corp., Guideline Geo., Emerson Electric Co., The Charles Machine Works, Sensors & Software Inc., Leica Geosystems AG, 3M, and GSSI Geophysical Survey Systems..

Global Utility Locator Market Segmentation:

By Technique

-Electromagnetic Field

-Ground Penetrating Radar


By Offering



By Target



By End User



-Water and Sewage

-Oil & Gas



By Company

-Revenue Shares

-Competition Characteristics

Get Full Access Of Global Utility Locator Market Report :

By Region

-North America

-South America


-The Middle East & Africa


Key questions answered in the Global Utility Locator Market are:

•What is Global Utility Locator Market?

•What was the market size in 2023?

•What is the growth rate of the Global Utility Locator Market?

•Which are the factors expected to drive the market growth?

•What are the different segments of the Global Utility Locator Market?

•What segments are covered in the Market?

•Who are the key players in the Global Utility Locator Market?

About Us

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

Reach us:

Call: +1 628 895 8081, +91 120 4278433


Visit to know more:

Leave a Comment