Water Pipeline Leak Detection System Market to Reach US$ 3.1 Billion by 2027 | CAGR of 6.8%

According to the latest report by IMARC Group, titled "Water Pipeline Leak Detection System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.'the global water pipeline leak detection system market reached a value of US$ 2.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.1 Billion by 2027, exhibiting at a CAGR of 6.8% during 2022-2027.Water pipeline leak detection systems are engineered devices used to determine leakages from the pipeline, usually caused by corrosion, holes, and cracks. It is integrated with a data collector and sensors, which assist in alerting the operator regarding leaks by identifying breaks and recording sound or vibrations induced by pressured water escaping from pipes. Besides this, a water pipeline leak detection system aids in improving premise management, monitoring humidity, and minimizing water wastage and costs by providing an early notification and enabling a rapid response to the event.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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With the increasing number of ongoing construction activities, there has been increasing demand for an uninterrupted water supply. This, in turn, has facilitated the widespread adoption of water pipeline detection systems across both residential and commercial establishments, which represents one of the prime factors driving the market growth. Additionally, the rising instances of water scarcity and environmental concerns have promoted the uptake of water pipeline detection systems to eliminate water wastage, which is propelling the market growth. Apart from this, the integration of distributed acoustic sensing (DAS) systems and the Internet of Things (IoT) solutions to support water utilities are contributing to the market growth.

Water Pipeline Leak Detection System Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape:

NEC Corporation
Xylem Inc.
SPX Corporation
Mueller Water Products Inc
Gutermann AG.
3M Company
ABB Ltd.
Badger Meter Inc.
Perma-Pipe International Holdings, Inc.

Breakup by Technology:

Ultrasonic
Smart Ball
Magnetic Flux
Fiber Optic
Others

Breakup by Equipment:

Acoustic
Non-Acoustic

Breakup by Pipe Type:

Plastic Pipes
Ductile Iron Pipes
Stainless Steel Pipes
Aluminium Pipes
Others

Breakup by End- Use:

Industrial
Residential
Commercial
Municipal

Breakup by Region:

North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

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Key highlights of the report:                                                           

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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