Utility Locator Market : size was valued at US$ 6.62 Billion in 2022 and the total Utility Locator revenue is expected to grow at 6% through 2023 to 2029, reaching nearly US$ 9.96 Billion.
North America Critical Infrastructure Market Overview:
The competitive landscape of the North America Critical Infrastructure Market includes information about competitors. Among the areas covered are a firm overview, financials, revenue generated, market potential, R&D investment, new market efforts, geographical presence, business strengths and weaknesses, product introduction, and application dominance. The information that follows is only relevant to the organization's concentration on the North America Critical Infrastructure Market.
Market Scope:
Top-down and bottom-up approaches are used to validate the market size and estimate the market size by different segments. The market estimations in the research are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). Weights based on usage rate and average sale price are applied to each area to generate percentage splits, market shares, and segment breakdowns. The country-wise divisions of the overall market and its sub-segments are determined by the percentage adoption or usage of the specified market Size in the relevant area or nation.
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Segmentation:
by Target
• Metallic
• Non-Metallic
By Target: In 2029, the market for metallic utilities is predicted to have a bigger proportion of the market. The market for non-metallic utilities is expected to grow at a faster CAGR during the forecast period (2023-2029 due to the rising demand for utility locators for detecting sewage pipelines, as well as mapping non-metallic utilities made of fiberglass reinforced plastic, concrete, asbestos cement, and plastics.
by Offering
• Equipment
• Services
By Offering: The utility locator market is divided into two offerings: equipment and services. In 2020, the equipment sector held a greater market share, while the services market is predicted to rise at a higher CAGR. The high cost of equipment ownership and maintenance, ongoing innovation in utility finding technologies, and severe government laws requiring the location of subsurface utilities before digging and building activities all contribute to the market's rapid growth.
by Technique
• Electromagnetic
• Ground Penetrating Radar
By Technique: The utility locator market is further sub-segmented into electromagnetic field locators and ground-penetrating radar based on technology. Acoustic pipe locators, magnetic locators, and hydro or vacuum excavators are among other ways. In 2021, the electromagnetic field technique held the biggest market share of xx%. The greatest share of this sector may be ascribed to the adaptability of this technology to detect metallic utilities and the cheaper cost of the electromagnetic field technique compared to other techniques. During the projected period (2023-2029), the market for the GPR method is predicted to grow at the fastest CAGR.
by Application
• Oil & Gas
• Electricity
• Water and Sewage,
• Telecommunications
• Other
By Application: Based on Applications, the utility locator market is sub-segmented into oil & gas, electricity, transportation, water & sewage, telecommunications. The telecommunications segment is expected to account for the largest share of the market in 2029. This can be attributed to the high repair cost of telephone lines, adoption of utility locators to avoid disturbances in the communication system and establishment of 5G technology infrastructure. The market for water & sewage is expected to grow at the highest CAGR between 2023 and 2029.
North America Critical Infrastructure Market : Research Methodology
North America Critical Infrastructure Market: Executive Summary
Market Overview and Definitions
Introduction to North America Critical Infrastructure Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
North America Critical Infrastructure Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
North America Critical Infrastructure Market Segmentation
North America Critical Infrastructure Market, byTarget(2021-2029)
North America Critical Infrastructure Market, by Offering(2021-2029)
North America Critical Infrastructure Market, by Technique(2021-2029)
North America Critical Infrastructure Market, by Application(2021-2029)
North America Critical Infrastructure Market (2021-2029)
North America Critical Infrastructure Market, byTarget(2021-2029)
North America Critical Infrastructure Market, by Offering(2021-2029)
North America Critical Infrastructure Market, by Technique(2021-2029)
North America Critical Infrastructure Market, by Application(2021-2029)
North America Critical Infrastructure Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Players:
• Ground Penetrating Radar Systems
• On Target Utility Services
• Geophysical Survey Systems
• Mclaughlin
• Pipehorn
• Maverick Inspection
• Detection Services
• Radiodetection
• Vivax-Metrotech
• Guideline Geo
• Ridge Tool Company
• The Charles Machine Works
• Leica Geosystems
• 3M
• USIC
• Multiview
The following are the key players of the North America Critical Infrastructure Market market-
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Regional Analysis:
Individual market influencing components and changes in market rules that impact present and future market trends are also explored in the research's geographical component. Downstream and upstream value chain analysis, technology trends, Porter's five forces analysis, and case studies are some of the elements utilized to anticipate market scenarios for various nations.
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COVID-19 Impact Analysis on North America Critical Infrastructure Market: In addition, the paper evaluates the influence of COVID-19 on the North America Critical Infrastructure Market. The primary goal of this research is to assist users in understanding the market in terms of definition, segmentation, market potential, important trends, and challenges that the industry faces across major regions. The study presents a microeconomic and macroeconomic analysis of COVID-19's overall impact on the North America Critical Infrastructure Market. The analysis focuses on market share and size, clearly illustrating the impact of the pandemic on the global North America Critical Infrastructure Market in the next years.
Key Questions Answered in the North America Critical Infrastructure Market Report are:
What will be the North America Critical Infrastructure Market's CAGR throughout the projected period (2021-2027)?
Which market category emerged as the market leader in the North America Critical Infrastructure Market industry?
Who are the key players in the North America Critical Infrastructure Market?
What important trends in the North America Critical Infrastructure Market industry are anticipated to develop throughout the forecast period?
How big will the North America Critical Infrastructure Market be in 2027?
In 2020, which business segment had the highest proportion of the North America Critical Infrastructure Market?
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