The underground service locator is also known as underground utility locating equipment. The underground service locator is GPS enabled to help trace lines on a digital map, the device can export reading to a separate device such as smartphone, computer, or tablet. Moreover, the underground service locator also provides a feature of audible alert to indicate underground utility, and automated on-off features which preserve battery without affecting system operation.
The Underground Service Locator market is expected to be focused on rental and used equipment for Underground Service Locator instead of purchasing new equipment, given the high cost of equipment. Moreover, the high replacement rate of this underground equipment is expected to create demand for underground service locator in the global market.
The market is mainly driven by the increasing concern for the safety and protection of underground utilities, and development of advanced Underground Service Locator technologies. High maintenance costs and possession limits the growth of the underground service locator market.
However, strict regulations and standards imposed by governments for using suitable detecting device for the various companies is expected to contribute to the growth of the underground service locator market.
Some of the standards defined for underground service locator helping the manufacturer to provide better service. The underground service locator standards such as ASCE 38-02, BS PAS 128, and CSA S250, provides guidelines for detecting and depicting subsurface utilities, mapping underground utilities, and provides specification for detecting, locating, and verifying underground utilities.
North America is expected to dominate the global underground service locator market as the region has more focus on public safety and security, also the government of the region is increasing their efforts to reduce damage to pipelines and other underground utilities during the implementation of remodelling activities.
Hence, infrastructure development initiatives facilitate the implementation of Underground Service Locator equipment. Asia Pacific region is expected to grow at high CAGR and witness high adoption of Underground Service Locator in the forecast period owing to the increasing construction activities and rapid infrastructural development.
Europe is expected to be followed by Asia Pacific region, accounting for a sizeable share in the underground service locator market. Whereas, Latin America and Middle East & Africa region account for comparatively lower share in the global underground service locator market.
The prominent manufacturers of underground service locator market are focusing on acquiring the distributor companies. Moreover, innovating more efficient underground service locator product lines such as smartphone or tablet based underground service locator.
For instance, on 28th May 2019, Geophysical Survey Systems, Inc. announced distribution partnership with the Blinken Tools AB. This alliance focuses on expanding Geophysical Survey Systems, Inc. presence in the Scandinavia region.
The research report presents a comprehensive assessment of the Underground Service Locator market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies.
The research report provides analysis and information according to Underground Service Locator market segments such as location type, service type, technique, and end use.
The Underground Service Locator market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The Underground Service Locator report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on Underground Service Locator market segments and geographies.
Globally, the Underground Service Locator market can be segmented on the basis of location type, service type, technique, and end use
Location Type
Service Type
Technique
End Use
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Underground Service Locator Market
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