According to a new market research report "Underground Utility Mapping Market by Component (Technological Solutions (EMI and GPR), and Services (Professional Services, and Managed Services)), Vertical (Telecommunication, Oil & Gas, Government & Public Safety), Region - Global Forecast to 2024" published by MarketsandMarkets™, the underground utility mapping market size expected to grow from $842 million in 2019 to $1.4 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 11.0% during the forecast period.Rise in concerns over the safety of underground utilities, and government initiatives for the implementation of utility mapping tools are the major factors driving the growth of the underground utility mapping market.Browse in-depth TOC on "Underground Utility Mapping Market"50- Tables39- Figures120- PagesDownload PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=178657041The training & education services segment of underground utility mapping to grow at a significant growth rate during the forecast periodTraining & education services are intended to help organizations understand how underground utility mapping software solutions and applications work.
Many governments already have GIS capabilities; data from satellite remote sensing, such as data from some forms of airborne remote sensing, can be used in conjunction with digital data available in existing GIS databases.
Underground utility mapping helps government for exact planning of the town development.Europe to grow at a significant CAGR during the forecast periodEurope is a key region in the underground utility mapping market due to the presence of developed economies that are adopting advanced technologies.
Furthermore, the need to compete in the market and gain an advantage over other prominent players has led organizations to utilize utility mapping solutions.
The increasing demand for the natural gas and rising need for developing safe, controlled, and cost-effective natural gas network, acts as an opportunity for the growth of the underground utility mapping market in this region.Request Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=178657041The major vendors in the underground utility mapping market are Hexagon Geosystems (Sweden), Sensors & Software (Canada), Vivax-Metrotech (US), Enviroscan (US), multiVIEW Locates (Canada), Guideline Geo (Canada), US Radar (US), Global Detection Solution (Malaysia), Plowman Craven (UK), GSSI (US), ProStarGeosorp (US), Underground Services (US), Utility Mapping (Australia), Maverick Inspection (Canada), and Cardno (Australia).About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
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