Market Share of Utility Locator Industry
The Utility Locator Market is moderately competitive and consists of several major players such as GSSI, Guideline Geo, Vivax-Metrotech, Emerson Electric, and many more. In terms of market share, few major players currently dominate the market. Players with a prominent share of the market focus on expanding their customer base globally. These companies are also leveraging strategic collaborative initiatives to increase their market share and profitability.
In January 2023, Leica Geosystems, part of Hexagon, launched their latest solution for excavation and utility professionals. The new launches, including the Leica DD175 utility locator and Leica DA175 signal transmitter, complement the company's existing Leica DD100 series and can help operators easily detect underground utilities to ensure 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.
Utility Locator Market Leaders
Vivax-Metrotech
Emerson Electric
Geophysical Survey Systems, Inc
Radiodetection Ltd.
Guideline Geo
*Disclaimer: Major Players sorted in no particular order
