Utility Locator Market: By Offering (Equipment and Services), By Techniques (Electromagnetic Field, Ground Penetrating Radar, and Others), By Target (Metallic Utilities and Non-Metallic Utilities), By Application (Oil & Gas, Electricity, Transportation, Water & Sewage, Telecommunications, and Others), and Geography

Utility Locator Market size was valued at USD 918.6 million in 2023 and is poised to growat a (CAGR) of 7.3% from 2024-2030. The utility locator market refers to the industry involved in providing services and technologies that detect and map underground utilities. These utilities can include electric lines, gas pipelines, water mains, telecommunications cables, and more. The purpose of utility locators is to identify the precise location of these buried utilities before any excavation or construction work begins. This helps prevent damage to existing infrastructure, ensures worker safety, and reduces costs associated with accidental utility strikes.

The utility locator market is expanding due to heightened demand for real-time detection of leaks, inspections, and monitoring of underground utilities. Stringent government regulations require utilities to be located before construction activities, driving this growth. Additionally, advancements in technology, such as sophisticated tools and techniques like electromagnetic locators and ground-penetrating radar, have transformed subsurface utility engineering (SUE). This sector now integrates geophysical methods with historical data to effectively gather comprehensive underground infrastructure information. However, challenges such as the expensive acquisition and upkeep of equipment, as well as a shortage of skilled personnel, these factors may restrain the utility locator market's future growth. 

Utility Locator Market Key Developments:

• In January 2023, Hexagon announced that Leica Geosystems had introduced its newest solution for professionals in the utility and excavation industry. Utility locators and signal transmitters from Leica complement the existing DD100 series and assist operators in detecting underground utilities and ensuring the safety of site workers.
• In October 2022, Radiodetection, a major provider of utility locating solutions, expanded its Ground Penetrating Radar (GPR) offerings with the introduction of LMX150 FINDAR, a compact resolution utility locating system that complements the company's traditional pipe and cable locators.