Water Pipeline Leak Detection System Market Growing at 6.7% CAGR to 2028

According to our latest market study on "Water Pipeline Leak Detection System Market Forecast to 2028 - COVID-19 Impact, and Global Analysis - by Offering (Hardware and Software and Services), Equipment Type (Acoustic and Non-Acoustic), Pipe Type (Plastic Pipes, Ductile Iron Pipes, Stainless Steel Pipes, and Others), and End User (Non-Residential and Residential)," the global water pipeline leak detection system market was valued US$ 1,501.71 million in 2020 and is expected to reach US$ 2,505.47 million by 2028 with a CAGR of 6.7% during the forecast period.

With the presence of several well-established and emerging players, the water pipeline leak detection system market is experiencing a steady growth rate over the years and is expected to continue a similar growth trend with substantial revenue during the forecast period. The presence of numerous players globally is a key advantage for the market to propel over the years. However, the high capital cost of water pipeline leak detection system is a restraining factor for the market. Based on strategic geographies and their subsequent countries, the water pipeline leak detection system market is categorized into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and South America (SAM). The historical trends, current trends, and outlook according to the manufacturer's perspective as well as the end-user's point of view, facilitates the analysis of the water pipeline leak detection system market.

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Water Pipeline Leak Detection System Market - Company Profiles

Primayer
Aqualeak Detection Ltd.
Atmos International Limited
Luna Innovations Inc.
Xylem Inc.
Gutermann AG
TTK - Leak Detection System
SebaKMT
HERMANN SEWERIN GMBH
MUELLER WATER PRODUCTS INC

North America dominated the water pipeline leak detection system market, followed by Europe and Asia-Pacific. The dominance of North America is majorly attributed to the continuous emphasis on the clean environment by the governments. The municipalities across the US, Canada, and Mexico strive hard to maintain a water supply pipeline. Owing to this factor, the demand for water pipeline leak detection system is much higher in these countries. Additionally, the presence of a higher number of well-known market players across the region facilitates North America to lead to the water pipeline leak detection system market.

The latest research report on the "Water Pipeline Leak Detection System Market - Industry Analysis, Market Size, Opportunities and Forecast, 2021 - 2028" provides a comprehensive assessment of the Water Pipeline Leak Detection System market for the forecast period from 2021 to 2028. The investigative report provides a detailed analysis of the impact of COVID-19 on various segments in the Water Pipeline Leak Detection System market based on product type, application, and end-use across numerous countries around the world. Further, the report also provides insights into market developments, trends, supply and demand changes across various regions across the globe. Thereby, the report provides a holistic view on the Water Pipeline Leak Detection System Market in order to help decision makers with various strategic insights and future outlook. The Water Pipeline Leak Detection System market is expected to witness continued growth during the forecast period from 2021 to 2028.

This is a professional and in-depth study on the current state of the Water Pipeline Leak Detection System Market with a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Strategic Insights and Development plans are also discussed and manufacturing processes and cost structures analyzed. Water Pipeline Leak Detection System Market import/export consumption, supply and demand figures and cost price and production value gross margins are also provided.

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Note - The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on 'Water Pipeline Leak Detection System Market' provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2028, factoring the impact of Covid -19 Situation.

The report segments the global Water Pipeline Leak Detection System Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in both small and big ways. The report on the global Water Pipeline Leak Detection System Market examines changing regulatory scenarios to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.

The report focuses on global major leading Water Pipeline Leak Detection System Market players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out.

Europe and APAC are competing closely to gain market share; however, Asia-Pacific is expected to grow at a prime rate during the forecast period. Owing to this factor, municipalities in the region are pressurized to focus on the deployment of water pipeline leak detection system in large numbers, which is catalyzing the growth of the market in Europe and APAC.

The MEA and SAM regions are also contributing a significant amount of revenue and volume in the water pipeline leak detection system market. As the regions are experiencing urbanization and growth in foreign direct investments, the regional governments are spending substantial percentages of budgets toward the adoption of advanced technologies. With increasing urbanization, the trend of advanced water pipeline network management is also rising, which is showcasing an increased number of water pipeline leak detection system procurement year-on-year.

The report segments the global water pipeline leak detection system market as follows:

By Offering
Hardware
Software and Services

By Equipment Type
Acoustic
Non-Acoustic

By Pipe Type
Plastic Pipes
Ductile Iron Pipes
Stainless Steel Pipes
Others

By End User
Non-Residential
Residential

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Reasons to Buy
• Highlights key business priorities to assist companies realign their business strategies.
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• Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
• Scrutinizes in-depth market trends as well as key market drivers and restraints.
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