Underground Utility Mapping Market Scope
Affluence City life in modern cities has been coping with meeting optimal demands to manage alienated land on the surface, properties above the surface (strata), and spaces below the surfaces in a sustainable manner (stratum). As contemporary cities buildings are made up of numerous utilities buried under the surface, subsurface information inside metropolitan areas is the most important. A survey utilising geophysical techniques to generate a computerised depiction of what is buried beneath is known as underground utility mapping. Using cutting-edge technologies such as Ground Penetrating Radar (GPR) and Electro-Magnetic Locators, the survey creates a highly comprehensive below-surface profile (EML). This device interprets reflected signals from structures, services, buried items, and layers beneath the earth, providing crucial information for project planning ahead of any potential operations.
The Underground Utility Mapping market study is segmented, by Application (Object Detection, Positioning and Identification) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Underground Utility Mapping market throughout the predicted period.
Hexagon Geosystems (Sweden), Software & Sensors (Canada), Geophysical Survey Systems, Inc (United States), Cardno (Australia), Guideline Geo (Sweden), US Radar (United States), Plowman Craven (United Kingdom), Sensors & Software (Canada), Vivax-Metrotech (United States) and Enviroscan (Australia) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are multiVIEW Locates (Canada), Global Detection Solution (Malaysia), Plowman Craven (United Kingdom), Prostar Geocorp (United States), Underground Services (United States), Utility Mapping (Australia), Maverick Inspection (Canada) and Cardno (Australia).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Underground Utility Mapping market by Type, Application and Region.
On the basis of geography, the market of Underground Utility Mapping has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 29th May, 2019 - Hoffman Southwest (HSW) (Leading Water Flow Inspection, Repair, And Cleaning Services Company) Acquired Accumark, Inc. The Deal Adds Accumark’s Innovative Subsurface Utility Engineering, Underground Utility Locating and Pipe Inspection Capabilities to HSW’s Portfolio Serving Wider Audience. and On 28th January, 2021 - USIC, LLC Announced Its Acquisition of Subsurface Utility Imaging. The Absorption of SUI, Primarily Provides Underground Utility Detection, Concrete Imaging, And Pipeline Inspection Services, Broadens Blood Hound's Service Capabilities in The Northeast and Mid-Atlantic.
On 29th April, 2020 - IDS GeoRadar Launched New GPR for Large Scale Asset Mapping, and Efficient Capture of Underground Utility Assets Across Vast Areas. The Ground Penetrating Radar Units Are Designed to Be Suspended Behind a Vehicle, Allowing Them to Acquire Data at Speeds of Up to 150 Kilometres Per Hour.
- Emergence of advance Underground Mapping Technologies
- Rising Safety Concerns of Underground Utilities
- Government Regulations Promoting Utility Mapping Tools
- High Investment in Utility Detection for Rare Earth Elements
- Technological Limitations
- Lack of Expertise
- Fierce Competitive Pressure
- High Initial Investment
Key Target AudienceUtility Mapping Solution Providers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Underground Utility Mapping Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.