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The utility locator market size is forecast to increase by USD1.93 billion at a CAGR of 5.48% between 2023 and 2028. The market is experiencing significant growth due to increasing safety and security concerns for protecting underground water pipes and telephone lines. The infrastructure development sector, particularly gas pipeline laying projects, is driving market expansion. However, the high complexity and expense of retrofitting existing infrastructure pose challenges. Subsurface utility engineering relies on advanced geophysical technologies, such as electromagnetic locators, to detect leakages and prevent damage during excavation. This technology ensures accurate and real-time utility finding services, minimizing disruptions and reducing costs. Keywords: the market, water pipes, telephone lines, infrastructure, real-time detection, leakages, subsurface utility engineering, geophysical technologies, electromagnetic locators. The market is witnessing notable growth due to escalating safety concerns for safeguarding underground water pipes and telephone lines.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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