Global Underground Utility Mapping Market Size is estimated to expand rapidly in coming years, at a CAGR of 11.25 % from 2018 to 2025. In 2017, the global market valuation was USD 1.05 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Underground utility mapping is a process of identifying the position and labeling public utility which are located underground which includes telecommunication, water pipelines, electricity distribution, and gas pipelines. Underground utility mapping which combines the use of detection and positioning technology, requires the surveyors to promote new ideologies and new skills. Geographically, Asia Pacific region is expected to be the highest growing region in the global market of underground utility mapping market.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global underground utility mapping market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global underground utility mapping market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Vertical Type Insights: On the basis of vertical type, global underground utility mapping market has been segmented into telecommunication, oil & gas, government & public safety. Among which telecommunication section accounted for largest share in the global market of underground utility mapping market. The telecommunication segment is distributed into telephone line, Wi-Fi lines, TV cables, and others. Telecommunication segment has been established in all over the world, due to which underground utility mapping market is expected to witness high growth in the forecast period. Emerging advancements in 5G technology is expected to witness new opportunities in the global market of underground utility mapping market.

By Component Insights: On the basis of component, the global underground utility mapping market has been segmented into technological solution and services. Among which GPR that is ground penetrating radar segment is anticipated to be the highest growing segment. Ground penetrating radar is a geophysical method that uses radar pulses to image the subsurface. This technique is used in various applications such as locating and identifying the utilities, damage detection, and rebar placement in existing structures. The main advantage of GDPR is that it can detect both metallic as well as for non-metallic materials.

Regional Analysis

The underground utility mapping market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; the Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In terms of region, the Asia Pacific region is expected to witness high growth in the market in forecast period. Presence of highly upgraded and prosperous countries present in the Asia Pacific region such as China, Japan, India, and Australia are expected to contribute the largest share in the global market of underground utility mapping market. Increasing demand of telecommunication and gas pipelines are expected to dominate the market. China is the largest market in electronics advancements and transportation. North America is expected to witness high growth in upcoming time span due to high demand in construction and communication industry. American countries such as the US, UK, and Canada are supposed to be the early learner of advanced technologies and has witnessed high growth in the construction industry in last few years. Europe is anticipated to dominate the global underground utility mapping market over the projected period majorly owing greater need of for mapping underground utilities for under construction sites to avoid damage to public utilities.

Global Underground Utility Mapping Market Size, Share Analysis by Region 2017

Global Underground Utility Mapping Market Study Objective

1. To forecast the market size of underground utility mapping market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of the underground utility mapping market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of underground utility mapping market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of underground utility mapping market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the underground utility mapping market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

Hexagon Geosystems, GSSI, US Radar, Plowman Craven, Cardno, Sensors & Software, Vivax-Metrotech, and multiVIEW Locates are some of the key players in the market of underground utility mapping.

Global Underground Utility Mapping Market Study Report Offer You!

The global underground utility mapping market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.