Press release
Water Pipeline Leak Detection System Market Size, Overview Report, Company Analysis, Business Challenges and Opportunities
Water Pipeline Leak Detection System Market Overview:
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. A water pipeline leak detection system is specially engineered equipment that assists controllers in detecting unintended leakages caused by pores, corrosion and cracks. It is integrated with sensors and data collectors, which are positioned within the pipeline network to alert management centers regarding leaks by recording vibrations stimulated by the water while escaping the pipe. Additionally, a water pipeline leak detection system aids in identifying the precise location of seepage, enhancing premise management, and mitigating water wastage by providing timely alerts to resolve the issue.
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Water Pipeline Leak Detection System Market Trends:
The widespread adoption of the water pipeline leak detection system can be attributed to the increasing number of ongoing construction activities across the globe. This, in turn, has supplemented the demand for uninterrupted water supply, specifically in the residential sector, thus driving the market growth. Moreover, the rising environmental concerns and the heightened instances of water scarcity have prompted governments of several countries to promote the uptake of water pipeline detection systems to avoid the wastage of clean treated water, which is propelling the market growth. Besides this, the large-scale integration of distributed acoustic sensing (DAS) and the Internet of things (IoT) solutions are further contributing to the market growth.
Note: 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.
Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Technology, Equipment, Pipe Type, End-Use, Region
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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Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
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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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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