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According to a new report published by KBV research, the North America Utility Locator Market Size would witness market growth of 5% CAGR during the forecast period (2018-2024).
The US market dominated the North America Electromagnetic Field Utility Locator Market by Country in 2017. The Canada market is expected to witness a CAGR of 6.3% during (2018-2024). Additionally, The Mexico market is expected to witness a CAGR of 6.1% during (2018-2024).
The Telecommunications market dominated the Mexico Utility Locator Market by Vertical in 2017, growing at a CAGR of 5.6 % during the forecast period. The Water & Sewage market is expected to witness a CAGR of 6.9% during (2018-2024). Additionally, The Transportation market is expected to witness highest CAGR of 8.7% during (2018-2024).
The Metallic market dominated the Canada Utility Locator Market by Target in 2017, thereby, achieving a market value of $406.9 million by 2024. The Non-Metallic market is expected to witness CAGR of 8.4% during (2018-2024).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in the region. The key impacting factors of the Market have been discussed in the report with the elaborated company profiles of 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.