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Utility Locator Market to grow by USD 1.39 Billion through 2025 | Key Drivers, Trends, and Market Forecasts


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NEW YORK, May 4, 2021 /PRNewswire/
The utility locator market is poised to grow by USD 1.39 billion and accelerate at a CAGR of almost 5% during 2021-2025. The market records incremental growth due to the stringent regulations on excavation and digging practices during the forecast period.
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The market is concentrated, and the degree of concentration will accelerate during the forecast period. The growing safety and security concerns regarding the protection of underground utilities are one of the major factors propelling the market growth. However, the highly complex and expensive retrofit operations may impede the market growth. ....

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