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Leak Detection Market (204-2031): Industry Insights, SWOT Analysis, Market Size, Share, and Key Growth Factors | Mix Telematics Ltd. HERE Global B.V. Octo Group S.p.A

11-15-2024 09:03 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: orion market research

Leak Detection Market

Leak Detection Market

Leak detection market is anticipated to grow at a CAGR of 6.2% during the forecast period (2023-2030). The market's growth is attributed to the mobile accessibility across the globe. The drive toward mobile-friendly leak detection solutions addresses the demand for mobile access to essential network data. This development corresponds to the growing reliance on mobile devices for commercial activities. For instance, in May 2022, Ovarro launched tablet-based leak detection. The company's new solution, Eureka5, allows users to access network information on tablets and smartphones.

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Among the technology, the acoustic/ ultrasonic sub-segment is expected to hold a considerable share of the global Leak Detection Market. The segmental growth is attributed to the risk mitigation in industrial settings. Ultrasonic gas leak detectors, such as the Polytron 8900, serve as early warning systems, assisting in the timely identification of leaks in industrial process environments to avoid potential accidents or environmental dangers. For instance, in February 2022, HomeNewsDräger released the Polytron 8900 ultrasonic gas leak detector transmitter is an early warning area monitor for detecting high-pressure gas leaks in outdoor industrial process environments. Polytron 8900 UGLD is designed for use in Class I Div I hazardous areas and certified as SIL 2 by TÜV.

full report of Leak Detection Market available @ https://www.omrglobal.com/industry-reports/leak-detection-market

• Market Coverage
• Market number available for - 2024-2031
• Base year- 2024
• Forecast period- 2024-2031
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Global Leak Detection Market Report Segment
By Product
• Handheld Gas Detectors
• UAV-Based Detectors
• Vehicle-based Detectors
• Manned Aircraft Detectors

By Technology
• Acoustic/ Ultrasonic
• Pressure Analysis
• Thermal Imaging
• Fiber-Optic Sensing
• Laser Absorption and LiDAR
• Vapor Sensing
• E-RTTM
• Others (Mass Spectrometry, and Ultrasonic Testing)

By End-User
• Oil and Gas Industry
• Chemical Industry
• Water and Wastewater Management
• Power Generation and Utilities
• Others (HVAC & Refrigeration, and Petrochemical Industry)

Global Leak Detection Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa

The Report Covers
• Market value data analysis of 2022 and forecast to 2030.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global leak detection market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies. Competitive strategies by identifying 'who-stands-where' in the market.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/leak-detection-market

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

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