Data Bridge Market Research analyses that the underground utility mapping market will exhibit a CAGR of 11.20% for the forecast period of 2021-2028. Rise in the level of economic activities especially in the developing economies and rising governmental initiatives towards the maintenance of underground utilities are the two major factors attributable to the growth of the underground utility mapping market. This signifies that the underground utility mapping market value will rise up to USD 2.14 billion by the year 2028.
Underground utility mapping is a system that is used to detect the location of various public utilities such as sewers, electric cables, telecoms cables and gas and water mains. This is done with the help of electromagnetic induction (EMI), ground penetrating radar (GPR) and others. It is imperative to locate underground utilities on the site of construction. Underground utility mapping is undertaken by the various verticals such as oil and gas, electricity, government and public safety, construction, telecommunication and others.
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Global Underground Utility Mapping Market Country Level Analysis
The underground utility mapping market is analysed and market size, volume information is provided by country, component and vertical as referenced above.
The countries covered in the underground utility mapping market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific is set to undergo substantial gains and project the highest compound annual growth rate for the forecast period. The growth of this region is being driven by developing economies like India, Japan, Singapore, Australia and China. Rise in the level of construction activities is responsible for fostering the market growth in this region. Rising exploration of shale gas sites is another important factor acting as a market growth determinant. Rising investments in the transportation, especially railways infrastructure is yet again bolstering the growth of the underground utility mapping market.
The country section of the underground utility mapping market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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Global Underground Utility Mapping Market Scope and Market Size
The underground utility mapping market is segmented on the basis of component and vertical. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of components, the underground utility mapping market is segmented into technological solutions and services. Technological solutions segment is sub-segmented into electromagnetic induction (EMI), ground penetrating radar (GPR) and others. Others segment is further bifurcated into magnetic locators, acoustic pipe locator, and vacuum excavator. Services segment is sub-segmented into professional services and managed services. Professional services segment is further bifurcated into surveying and mapping, training and education and consulting.
- On the basis of vertical, the underground utility mapping market is segmented into oil and gas, electricity, government and public safety, construction, telecommunication and others.
Competitive Landscape and Underground Utility Mapping Market Share Analysis
The underground utility mapping market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the underground utility mapping market.
The major players covered in the underground utility mapping market report are HEXAGON, Leica Geosystems AG – Part of Hexagon, GSSI Geophysical Survey Systems, Inc., US Radar, Plowman Craven Limited, IDS GeoRadar – Part of Hexagon, Sensors & Software Inc., Vivax-Metrotech Corp., multiVIEW., Enviroscan, Guideline Geo., Ground Penetrating Radar Systems, LLC, ProStar Geocorp, Technics Group., www.parsan.biz., GEOTEC SURVEYS – UNDERGROUND MAPPING, geocarte.in, Cardno, SECON Private Limited. and Stanlay. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Middle East and Africa Intercom Devices Market Report Answers the Following Questions:
- What is the current size and growth rate of the Global Underground Utility Mapping Market?
- What are the major drivers of the Global Underground Utility Mapping Market?
- What are the major trends in the Global Underground Utility Mapping Market?
- Who are the key players in the Global Underground Utility Mapping Market?
- What is the market segmentation of the Global Underground Utility Mapping Market by product type?
- What is the market segmentation of the Global Underground Utility Mapping Market by end-user?
- What is the market segmentation of the Global Underground Utility Mapping Market by region?
- What are the major challenges faced by the Global Underground Utility Mapping Market?
- What are the opportunities for new players in the Global Underground Utility Mapping Market?
- What is the future outlook for the Global Underground Utility Mapping Market?
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