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The Asia Pacific Utility Locator Market size is expected to grow at a market growth of 6.3% CAGR during the forecast period. The Asia Pacific region, on the other hand, would grow at the highest CAGR during the forecast period. APAC region would witness a higher adoption of utility locating services, and it is due to rapid development of infrastructure, exponential growth in the construction activities and adoption of 5G technologies in countries such as India and China. Based on Offering, the market is segmented into Equipment and Services.
Based on Technique, the market is segmented into Electromagnetic Field, Ground Penetrating Radar, and Others. Based on Target, the market is segmented into Non-Metallic and Metallic. Based on Vertical, the market is segmented into Telecommunications, Oil & Gas, Water & Sewage, Electricity, Transportation, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stakeholders of the Asia Pacific Utility Locator Market. Key companies profiled in the report include SPX Corporation (Radiodetection), Emerson Electric Co. (Ridge Tool Company), Hexagon AB (Leica Geosystems Holdings AG), 3M Company, SebaKMT Holding GmbH (Vivax-Metrotech), Guideline Geo, The Charles Machine Works, Inc., Sensors & Software, Inc., USIC and multiVIEW Locates Inc.