Global Utility Locator Market Size & Outlook, 2023-2030
The utility locator industry worldwide is expected to reach a projected revenue of US$ 1,252.3 million by 2030. A compound annual growth rate of 5.8% is expected of the worldwide utility locator industry from 2024 to 2030.
Revenue, 2023 (US$M)
$842.5
Forecast, 2030 (US$M)
$1,252.3
CAGR, 2024 - 2030
5.8%
Report Coverage
Worldwide
Global utility locator market, 2018-2030 (US$M)
Global utility locator market highlights
- The global utility locator market generated a revenue of USD 842.5 million in 2023 and is expected to reach USD 1,252.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.8% by 2030.
- In terms of segment, electromagnetic field accounted for a revenue of USD 842.5 million in 2023.
- Electromagnetic field is the most lucrative technique segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 842.5 million |
| Market revenue in 2030 | USD 1,252.3 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | Electromagnetic field |
| Fastest growing segment | Electromagnetic field |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Electromagnetic field |
Other key industry trends
- In terms of revenue, the North America accounted for 36.8% of the global utility locator market in 2023.
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Utility Locator Market Scope
Utility locator market segmentation & scope
Offering
Equipment
Services
Target
Metalic
Non-metalic
Vertical
Oil & gas
Electricity
Transportation
Water and sewage
Telecommunication
Others
Countries
U.S.
Canada
Mexico
UK
Sweden
Norway
Italy
Germany
France
Denmark
Spain
Australia
China
India
Japan
South Korea
Thailand
Brazil
Argentina
UAE
South Africa
Saudi Arabia
Kuwait
Utility Locator Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global utility locator market size, by regions, 2018-2030 (US$M)
Related industry reports
Related regional statistics
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