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North America Water Pipeline Leak Detection System Market Latest Innovations, Drivers and Industry Key Events 2021-2028 | Primayer, SebaKMT, Xylem Inc.

03-10-2022 06:08 AM CET | Industry, Real Estate & Construction

Press release from: Business Market Insights

Water Pipeline Leak Detection System Market

Water Pipeline Leak Detection System Market

The North America Water Pipeline Leak Detection System Market is expected to grow from US$ 582.46 million in 2021 to US$ 853.89 million by 2028; it is estimated to grow at a CAGR of 5.6% from 2021 to 2028.

The US, Canada, and Mexico are the major economies in North America; also, the US is an early adopter of various technologies. Owing to the people's willingness to adopt new technologies and spend high amounts on the same, technological advancements have led to intense competition among various companies in the region. Municipalities in North America are taking active measures to improve the performance levels of water pipeline systems. The increased use of the water pipeline leak detection system among residential and commercial sectors and benefits provided by these systems in terms of cost and durability are contributing to the growth of the market.

Browse Full Report with TOC- https://www.businessmarketinsights.com/reports/north-america-water-pipeline-leak-detection-system-market/?utm_source=OpenPR&utm_medium=10470

The water pipeline leak detection systems demand for various technological advancements with the integration of computerized systems and digital survey systems for real-time monitoring of water leakage. Also, the introduction of advanced technologies such as sensors and computerized systems create enormous opportunities for the growth of the water pipeline leak detection systems market. The traditional acoustic detection sensors are being upgraded with efficient sound detection functions.

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Major Key players covered in this report:

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

North America Water Pipeline Leak Detection System Market - By Offering

Hardware
Software and Services

North America Water Pipeline Leak Detection System Market - By Equipment Type

Acoustic
Non-Acoustic

North America Water Pipeline Leak Detection System Market - By Pipe Type

Plastic Pipes
Ductile Iron Pipes
Stainless Steel Pipes
Others

North America Water Pipeline Leak Detection System Market - By End User

Non-Residential
Residential

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North America is one of the most prominent regions adopting and developing new technologies due to favorable government policies that boost innovation, the presence of a huge industrial base, and high purchasing power of people, especially in developed countries such as the US and Canada. Hence, any impact on the growth of industries is expected to limit the region's economic growth. COVID-19 has negatively impacted businesses in the region in four critical areas-supply chain/operations, workforce availability, investments (in 2020), and product offering. In the first nine months, overhead costs-including expenses for sales, research, and development (R&D), and administration of various providers-fell adversely due to severe measures taken during the pandemic.

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About Us:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

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