Leak Test Equipment Market 2019 Rising Trends and New Technologies with Leading Players: INFICON, ATEQ Corp., LACO Technologies, Pfeiffer Vacuum, CETA Testsysteme GmbH, Cosmos Instruments Co, InterTech Development Company, TASI Group, Uson L.P,
Furthermore, two more major success factors of this Leak Test Equipment market report are market share analysis and key trend analysis. The research methodology applied throughout the report by DBMR research team is data triangulation which includes data mining, studying the impact of data variables on the market, and primary validation by industry experts. Being proficient and all-inclusive in nature, this report focuses on primary and secondary market drivers, market shares, leading segments and geographical analysis. With the nice mixture of integrated approaches and latest technology, best results are accomplished in the form of this Leak Test Equipment market research report.
Market Analysis : Global Leak Test Equipment Market
Global Leak Test Equipment Market was valued at USD 692.5 million in 2017 and is expected to reach USD 785.9 million in 2025, growing at a healthy CAGR of 7.6% for the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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key players : Global leak test equipment market
Inficon, ATEQ Corp, LACO Technologies, Pfeiffer Vacuum GmbH, Ceta Testsysteme GmbH, Cosmo Instruments Co., ltd., InterTech Development Company, The other players in the market are TASI Group, Uson, L.P., Vacuum Instruments Corporation, LLC, TASI Group, Tecna srl, CETA, Changzhou Changce, Kane International, Rothenberger, HAIRUISI, Hermann Sewerin, Cosmo Instruments, VIC Leak Detection, and many more.
Market Drivers: Global Leak Test Equipment Market
• Increasing incidents of oil & gas leakages in pipelines and storage tanks at production facilities
• Stringent government regulations pertaining to the implementation of leak test equipment
Market Restraint: Global Leak Test Equipment Market
• Retrofitting of some leak detection systems
• Entry of new start-ups in the market
Competitive Landscape: Global Leak Test Equipment Market
The global leak test equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of leak test equipment market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
In 2013, Nolek signed co-operation agreement with KUKA robotics. Nolek provided robot leak testing/detection solutions to KUKA robotics. This agreement enabled KUKA robotics to use Nolek’s SniffIT X1 & X3 Digital product that helped it to provide very efficient leak testing solution.
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Key Insights in the report: Global Leak Test Equipment Market
Historical and current market size and projection up to 2025
Market trends impacting the growth of the global leak test equipment market
Analyze and forecast the leak test equipment market on the basis of components, equipment, and end-user
Trends of key regional and country-level markets for components, equipment, and end-user
Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis
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