Underground Tracer Wire Market

Underground tracer wire, also called locating wire, is used extensively to trace and locate underground pipe systems in an accurate manner. The wire is placed alongside pipes during installation in order to leave a marker that helps locate them for safe excavation operations at a later date.

Modern pipe installation often involves the use of non-metallic piping materials, making them difficult to locate using magnetic resonance. By installing underground tracer wire, the work environment is made safer for excavators and property owners when future digging operations are required. Tracer wire is commonly used in various utility industries such as water, sewer, gas, and fiber optics. This wire can also be used in irrigation systems, golf course sprinkler systems, and directional drilling applications.
Underground Tracer Wire Market contains market size and forecasts of Underground Tracer Wire in global, including the following market information:
Global Underground Tracer Wire Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Underground Tracer Wire Market Sales, 2017-2022, 2023-2028, (Kilometer)
Global top five Underground Tracer Wire companies in 2021 (%)
The global Underground Tracer Wire market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Pure Copper Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Underground Tracer Wire include Pro-Line Safety, Performance Wire and Cable Inc, EGW Utilities, Inc., Kris-Tech Wire, Copperhead Industries, Southwire Company, Tecvalco, Tapex Group and Tiger Wire Ltd, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Underground Tracer Wire manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Underground Tracer Wire Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kilometer)
Global Underground Tracer Wire Market Segment Percentages, by Type, 2021 (%)
Pure Copper
Copper Clad Steel
Stainless Steel
High Molecular Weight Polyethylene (HMWPE)
Global Underground Tracer Wire Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kilometer)
Global Underground Tracer Wire Market Segment Percentages, by Application, 2021 (%)
Gas Industry
Water and Wastewater Industries
Power Industry
Telecommunications Industry
Others
Global Underground Tracer Wire Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kilometer)
Global Underground Tracer Wire Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Underground Tracer Wire revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Underground Tracer Wire revenues share in global market, 2021 (%)
Key companies Underground Tracer Wire sales in global market, 2017-2022 (Estimated), (Kilometer)
Key companies Underground Tracer Wire sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Pro-Line Safety
Performance Wire and Cable Inc
EGW Utilities, Inc.
Kris-Tech Wire
Copperhead Industries
Southwire Company
Tecvalco
Tapex Group
Tiger Wire Ltd
Domtech Inc.
Tracer Wire Technologies
Agave Wire
Kalas Manufacturing
Gonice
Shandong Jiefa Power Equipment
Ningbo Hengyuan Precision Valves Technology