Underground Utility Mapping Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

The underground utility mapping is utilized to delineate covered utility systems or different utilities. The geophysical devices utilized for mapping incorporates electromagnetic acceptance procedures and ground infiltration radar innovation. Electromagnetic enlistment incorporates setting up quantifiable electromagnetic fields to target conductor. The ground entering radar system includes the transmission along with spread of beat electromagnetic power and the consequent account of the energy waves.

MARKET SCOPE

The "Global Underground Utility Mapping Market Analysis to 2031" is a specialized and in-depth study of the technology, media and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the underground utility mapping market with detailed market segmentation by component, end-user industry, and geography. The report provides key statistics on the market status of the leading underground utility mapping market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on component, the global underground utility mapping market is segmented into solutions, services
  
•   On the basis of end-user industry, the market is segmented into telecommunication, oil and gas, government and public safety
  

MARKET DYNAMICS

Drivers:

•   Rise in Concerns Over the Safety of Underground Utilities.
  
•   Government Initiatives for Implementation of Utility Mapping Tools.
  

Restraints

•   High Ownership and Maintenance Costs of Utility Mapping Tools
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The underground utility mapping market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the underground utility mapping market in these regions.

IMPACT OF COVID-19 ON UNDERGROUND UTILITY MAPPING MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the underground utility mapping market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from underground utility mapping market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the underground utility mapping market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Enviroscan
  
•   Geophysical Survey Systems, Inc.
  
•   Global Detection Solution
  
•   Guideline Geo
  
•   Hexagon Geosystems
  
•   multiVIEW
  
•   Plowman Craven Limited
  
•   Prostar Geocorp
  
•   Sensors and Software Inc. Vivax-Metrotech Corp
  
•   Technics Group
  
  

The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Underground Utility Mapping Report Scope