Global Utility Locator Market Size & Outlook, 2024-2030
The utility locator industry worldwide is expected to reach a projected revenue of US$ 1,252.4 million by 2030. A compound annual growth rate of 6.3% is expected of the worldwide utility locator industry from 2025 to 2030.
Revenue, 2024 (US$M)
$878.8
Forecast, 2030 (US$M)
$1,252.4
CAGR, 2025 - 2030
6.3%
Report Coverage
Worldwide
Global utility locator market, 2017-2030 (US$M)
Related Markets
Global utility locator market highlights
- The global utility locator market generated a revenue of USD 878.8 million in 2024 and is expected to reach USD 1,252.4 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 6.3% by 2030.
- In terms of segment, electromagnetic field accounted for a revenue of USD 403.3 million in 2024.
- Ground penetrating radar 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 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 878.8 million |
| Market revenue in 2030 | USD 1,252.4 million |
| Growth rate | 6.3% (CAGR from 2025 to 2030) |
| Largest segment | Electromagnetic field |
| Fastest growing segment | Ground penetrating radar |
| Historical data covered | 2017 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Electromagnetic field, Ground penetrating radar |
Other key industry trends
- In terms of revenue, the North America accounted for 36.3% of the global utility locator market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 91.8 million by 2030.
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Utility Locator Market Scope
Utility locator market segmentation & scope
Utility Locator Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global utility locator market size, by regions, 2017-2030 (US$M)
Top 10 countries: Utility locator market size, 2024 (US$M)
Global utility locator market share, by technique, 2024 & 2030 (%, US$M)
Utility locator market: Opportunity assessment by country
Global utility locator market, by region, 2024 (US$M)
Related regional statistics
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