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The global utility locator market size is estimated to grow by USD 1,624.1 million between 2022 and 2027 accelerating at a CAGR of 4.88%. The growth of the market depends on several factors, including growing safety and security concerns regarding the protection of underground utilities, increased demand for modern advanced utility locators over conventional tools, and stringent regulations on excavation and digging practices.
This report extensively covers market segmentation by type (electromagnetic field and GPR), end-user (oil and gas, electricity, transportation, and others), and geography (North America, Europe, APAC, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
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Our researchers analyzed the data with 2022 as the base year and the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The growing safety and security concerns regarding the protection of underground utilities are notably driving the market growth.
Damage caused to underground services following street works, excavation, drilling, piling, demolition, site investigation, and surveys, or any other work that involves penetrating the ground can cause accidents, fatalities, and electrocution. For instance, last decade, in the UK, more than 310 incidents were recorded of fatalities caused by underground cable strikes. This led to a significant increase in the number of search work projects through data and mapping. The increase in utility search programs stems from growing safety and security concerns over underground utilities.
End-user industries such as telecommunication, oil and gas, energy, public work departments, and construction deploy utility locating devices such as hum detectors, radio frequency detectors, metal detectors, ground probing radar, and RFID for detection, identification, and marking underground facilities to reduce the risk of accidents. Thus, the growth of the market will be steady during the forecast period, given the increasing use of such devices.
An increase in gas pipeline laying projects is the primary trend in the market.
The shift from conventional sources of energy to piped natural gas for industrial and domestic purposes has led to an increase in the number of gas pipeline-laying projects globally. For instance, in April 2022, efforts were afoot to revive the construction of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) project, a natural gas pipeline stretching 1,127 miles, to meet the natural gas requirements in these four countries. Such an increase in the number of projects in the natural gas industry will require detailed studies and surveys of underground facilities before laying pipelines to eliminate risks.
In addition, pipelines need to be regularly monitored for leakages or damage to underground gas pipelines. Since natural gas is highly flammable and can cause a significant number of fatalities in the case of an explosion, proper utility location activities must be conducted using utility locator devices. Such developments in the natural gas industry will boost market growth during the forecast period.
Highly complex and expensive retrofit operations are major challenges impeding the market growth.
One of the biggest challenges faced by market vendors is the high deployment costs of utility locators for end-users. This is because of the high total cost of ownership and investments needed in training workers. Besides high initial investments, it is expensive to conduct retrofitting and replacement work.
The deployment of utility locators means that associated support devices and equipment must also be modified as per the latest technology being used. Thus, apart from higher additional costs, operations also halt work temporarily, leading to further cost escalation. This lowers the adoption rate of utility locators to hamper the growth of the market consequently. End-user industries cut down on purchasing new products and outsource locating operations to service providers to overcome the high cost of ownership. This will further lower demand for new utility locators and hinder the growth of the market.
The market share growth of the electromagnetic field segment will be significant during the forecast period. Utility locators made with electromagnetic field technology use electromagnetic waves to profile the resistivity and conductivity of the ground and provide /images based on the values obtained. Electromagnetic field utility locators are used for detecting, mapping, and surveying metallic pipes or cables. Factors such as high efficiency and low cost of electromagnetic field locators, when compared to other technologies, have increased their adoption in locating metallic utilities such as oil and gas pipelines, wastewater pipelines, and sewer lines. Demand for technologically advanced products by vendors is also boosting market growth.
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The electromagnetic field segment was valued at USD 3,206.61 million in 2017 and continued to grow until 2021. Growing demand for electromagnetic field utility locators stems from the increase in the number of gas pipeline projects and underground sewage pipelines. Before laying a pipeline, a detailed survey is conducted to detect the presence of underground utilities. This will boost the growth of the market by the electromagnetic field utility locator segment during the forecast period.
End-User Analysis
The demand for utility locators in the oil and gas segment is expected to increase during the forecast period. This is primarily because of the rising demand for oil and gas pipeline projects. A few of the recent oil and gas pipeline projects include: India is expected to lead the global planned and announced trunk or transmission pipeline length addition projects between 2021 and 2025, contributing to around 23% of global pipeline additions by 2025, according to GlobalData, a leading data and analytics company. In February 2021, the government of India announced a maiden gas pipeline project for the state of Jammu and Kashmir. The Nord Stream 2 gas pipeline is the longest upcoming pipeline project in the country, with a length of 2,460 km, and is slated to begin operations in 2021.
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APAC is estimated to contribute 32% to the growth of the global market during the forecast period. Another region offering significant growth opportunities to vendors in North America. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
The market in North America is driven by the US and Canada, countries that are early adopters of advanced technologies. The US is one of the largest manufacturers and consumers of utility locators. There are more than 20 million miles of underground utilities in the US. Also, the availability of the 811 call center across states in the US helps in safe digging to promote the growth of locating services. Locating utilities effectively ahead of construction will reduce the chances of fatalities by less than 1%.
The regional market is also supported by the growth of industries such as construction, telecommunication, oil and gas, and electric power, especially in the US, Canada, and Mexico. Also, the construction of the 415-mile TransCanada gas pipeline in 2019 will help the market grow as a detailed survey, study, and monitoring of the location must be conducted using utility locators before laying the pipeline.
The market in North America was negatively impacted by the outbreak of COVID-19. However, growth in the construction, oil and gas, and electric power industries is expected to propel the growth of the regional market in focus during the forecast period.
Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Vermeer Corp. - The company offers utility, pipe, and cable locator named The Pipehorn Series 800 HL. The company offers high-quality industrial and agricultural equipment including balers, disc mowers, rakes, brush chippers, mini skid steers, stump cutters, trailers, and other products.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:
Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Utility Locator Market Customer Landscape
The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. The market has been segmented by Type (Electromagnetic field and GPR), End-user (Oil and gas, Electricity, Transportation, and Others), and Geography (North America, Europe, APAC, South America, and Middle East and Africa).
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Utility Locator Market Scope |
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Report Coverage |
Details |
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Page number |
164 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.88% |
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Market growth 2023-2027 |
USD 1,624.1 million |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
4.65 |
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Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 32% |
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Key countries |
US, Canada, Japan, Germany, and UK |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Asian Contec Ltd., Berntsen International Inc., BLOOD HOUND LLC, Emerson Electric Co, Eos Positioning Systems Inc., Fortive Corp., Geophysical Survey Systems Inc., Guideline Geo, Hexagon AB, MidAmerican Technology Inc., Quanta Services Inc., RYCOM Instruments Inc., SPX Corp., STC TECHNO AC LLC, SubSurface Instruments Inc., The Toro Co., Utility Tool Co., Vermeer Corp., Vivax Metrotech Corp., and 3M Co. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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