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Water Pipeline Leak Detection Systems Market worth USD 2,349.6 million by 2027

12-07-2021 08:03 AM CET | IT, New Media & Software

Press release from: Market Statsville Group

Water Pipeline Leak Detection Systems Market worth USD 2,349.6

The Market Statsville Group (MSG) publishes the new report on the "Water Pipeline Leak Detection Systems Market by Location (Underground and Over-ground), by Equipment Type (Acoustic and Non-acoustic), by Pipe Material (Metallic and Non-metallic), by End-User (Residential and Non-residential), by Region – Global Share and Forecast to 2027".

The global water pipeline leak detection systems market size is expected to grow from USD 1,484.2 million in 2020 to USD 2,349.6 million by 2027, at a CAGR of 6.8% during the forecast period. Water pipeline leak detection systems assist in detecting the position of leakages in underground and over-ground water transit pipelines for residential and non-residential applications. The leakage detection systems mainly utilize two technologies, namely, acoustic, and non-acoustic depending on the material of pipe and level of efficiency required for the process. The governments in various European countries are also increasing their investments in upgrading their underground water infrastructure to avoid wastage of water.

Browse 211 market data Tables and 63 Figures spread through 234 Pages and in-depth TOC on "Water Pipeline Leak Detection Systems Market Research Report 2021-2027."

Get Free Sample Report: https://www.marketstatsville.com/request-sample/water-pipeline-leak-detection-systems-market

Global Water Pipeline Leak Detection Systems Market Segmentation
The water pipeline leak detection systems market has been segmented into location, equipment, pipe material, end-users, and region.
• By Location (Underground and Over-ground)
• By Equipment Type (Acoustic and Non-acoustic)
• By Pipe Material (Metallic and Non-metallic)
• By End-User (Residential and Non-residential)
• By Region (US, Mexico, Canada, Germany, France, UK, Italy, Spain, China, India, South Korea, Japan, Southeast Asia, Australia, Saudi Arabia, Peru, South Africa, Qatar, UK, Nigeria, Israel, Brazil, Argentina)

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The acoustic segment, by equipment type, is estimated to hold the largest market share during the forecast period
On the basis of equipment type, the water pipeline leak detection systems market is categorized into acoustic and non-acoustic. In 2020, the acoustic segment was anticipated to dominate the water pipeline leak detection systems market, with a market share of 68.2% throughout the forecast period. Acoustic leak detection systems use sound generated by leakages to determine the location of leaks. Various acoustic leak detection devices include basic listening sticks, electronic ground microphones, acoustic detection loggers, leak noise correlators, and others.
Acoustic leak detection systems are most widely used for leak detection in underground pipelines, owing to their high sound sensitivity. Acoustic detectors consist of a microphone that captures the sound generated by water gushing through the hole in the pipeline and can be heard in the headphone connected to the microphone. Moreover, the major players in the industry are developing new acoustic leak detection products with higher sensitivity to increase the efficiency of the leak detection process. For instance, Mueller Water Products, Inc., based in the U.S. through its brand Echologics, offers LeakFinder-ST advanced acoustic leak detector system. The product features the accurate location of leaks avoiding dry holes in the pipe, a Windows-based software interface, long battery life, and built-in noise reduction, among many other features. Such product developments in the acoustic leak detection systems promote the growth of the acoustic water pipeline leak detection systems market.

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North America accounts for the largest market share in water pipeline leak detection systems market 2020
Based on the regions, the global water pipeline leak detection systems market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. North America was the largest contributor to the global water pipeline leak detection systems market in 2020 and is expected to maintain its dominance throughout the forecast period. The three main countries for the North American water pipeline leak detection systems market include the U.S., Canada, and Mexico. North America accounted for the highest share of 37.4% of the global water pipeline leak detection systems market in 2020. The U.S. accounted for the major share of the market in 2020.

North America includes countries such as the U.S., Canada, and Mexico. The U.S. and Canada have elaborate water conveyance infrastructure. According to Statistic Canada in 2018, the Canadian government-owned about 185,000 kilometers of water pipes in 2016 for potable and non-potable water conveyance. Around one-tenth of these assets were rated as poor or very poor based on their condition. Similarly, according to the Infrastructure Report Card published in 2017 by the American Society of Civil Engineers (ASCE), the U.S. has a network of around 1.61 million kilometers for the conveyance of potable water throughout the country. In addition, it is estimated that about 240,000 water main breaks are experienced annually, which leads to the wastage of approximately 2 trillion gallons of treated water. Thus, the necessity of leak detection systems in North American countries drives the growth of the water pipeline leak detection systems market.

This research report includes a study on the development and marketing strategies, along with a study on the product portfolios and winning strategies of the leading companies operating in the water pipeline leak detection systems market. It also consists of the profiles of leading companies such as Gutermann AG, Atmos International Limited, Aqualeak Detection Ltd., Ovarro Limited, QinetiQ Group plc, Mueller Water Products Inc., Hermann Sewerin GmbH, Seba Dynatronic Mess- und Ortungstechnik GmbH, Xylem Inc. (Pure Technologies Ltd.), and TTK S.A.S., among others. These market players have focused on acquisitions and expansion to gain a larger market share in the water pipeline leak detection systems market.

Browse complete report: https://www.marketstatsville.com/water-pipeline-leak-detection-systems-market

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About Market Statsville Group
Market Statsville Group (MSG) is a business research and consulting platform of Statsville Consulting Private Limited, based in Oklahoma, USA. MSG is the leading market research and strategy builder with the depth and breadth of solutions that perfectly suit your every need. MSG provides solutions in a wide range of industry verticals in market sizing, analysis, and intelligent business insights. MSG has experienced research analysts who are proficient at digging deep and providing various customizable data that help you make decisions with clarity, confidence, and impact. Furthermore, Market Statsville Group already benefited more than 1,000 companies each year for their revenue planning. It helped them take their disruptions/innovations early to the market by providing them research ahead of the curve.
MSG has an entire repository of research reports on more than 1,000 niche industries, 3,000 high-growth potentials markets, 5,000 data sets, and more than 12,000 company profiles.

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