The global water pipeline leak detection system market grew at a CAGR of around 11% during 2014-2019. Water pipeline leak detection equipment is used for the detection and determination of leak location in a pipeline. The water pipeline leakage can be identified by using acoustic and non-acoustic devices. Various sensors and data collectors are placed within the water pipeline network that transmit the data to the network management centre, which are helpful in identifying the leakage area. Moreover, the equipment also helps in reducing the cost of water supply, as utilities can cut down the expenditure incurred on water wastage due to a leak. Owing to this, water pipeline leak detection systems find wide applications across the residential, commercial, and industrial sectors.
The increasing demand for water pipeline leak detection systems can be attributed to the rising environmental concerns towards water scarcity catalysed by the growing global population. Furthermore, rapid urbanization, particularly across developing regions such as India and China has led to the rising development of both residential and commercial spaces, thereby augmenting the need for water pipeline leak detection solutions. Additionally, new residential and non-residential construction activities, along with several renovations of the depleting infrastructures have also augmented the market growth. Furthermore, growing investment towards the expansion of water pipeline coupled with the increasing number of water treatment plants in developing regions such as the Asia-Pacific, Middle East and Latin America is also driving the growth of the water leak detection equipment market. Besides this, the implementation of stringent government norms for reducing water wastage, along with the rising expenditure of water treatment and transmission companies on maintenance is also positively influencing the market growth. Various technological advancements have also led to the introduction of smart water metering and rising usage of Internet-of-Things (IoT) based monitoring systems. These factors are further driving the growth of the market. Looking forward, IMARC Group expects the global water pipeline leak detection market to continue its strong growth during the next five years.
IMARC Group provides an analysis of the key trends in each sub-segment of the global water pipeline leak detection market report, along with forecasts for growth at the global, regional and country-level from 2020-2025. Our report has categorized the market based on region, technology, equipment, pipe type, and end-use.
Breakup by Technology:
Breakup by Equipment:
Breakup by Pipe Type:
Breakup by End- Use:
Breakup by Region:
The competitive landscape of the industry has also been examined with some of the key players being NEC Corporation, Xylem, Inc., SPX Corporation, Mueller Water Products Inc, Gutermann AG., 3M Company, ABB Ltd., Badger Meter Inc., Perma-Pipe International Holdings, Inc.
Key Questions Answered in This Report:
Due to the outbreak of the coronavirus disease (COVID-19) and the adoption of social distancing measures in numerous countries, the market is expected to be impacted negatively.
The global water pipeline leak detection system market was worth US$ 3.8 Billion in 2019.
One of the primary factors driving the market growth is the rising concerns toward water scarcity. Rapid urbanization leading to the development of residential and commercial spaces, and continuous construction and renovation activities are also bolstering the market growth.
Several technological advancements, such as the introduction of smart water meters and the extensive usage of Internet-of-Things (IoT)-based monitoring systems are among the major market trends.
Based on technology, the market is divided into ultrasonic, smart ball, magnetic flux, fiber optic, and others.
The market has been categorized on the basis of equipment into acoustic and non-acoustic. At present, acoustic equipment exhibits a clear dominance in the market share.
On the basis of the pipe type, stainless steel pipes represent the most popular segment. Other major types are plastic, ductile iron, stainless steel, and aluminum pipes.
Based on the end use, market has been divided into the industrial, residential, commercial, and municipal sectors. The municipal sector currently represents the largest end use segment.
Region-wise, Asia Pacific (China, Japan, India, South Korea, Indonesia, Australia and others) exhibits a clear dominance in the global market. Other major markets include North America (the United States and Canada), Europe (Germany, the United Kingdom, Italy, France, Poland, Spain and others), Latin America (Brazil, Mexico and others), and Middle East and Africa (Turkey, Saudi Arabia, the United Arab Emirates, Israel and others).
Leading players operating in the industry are NEC Corporation, Xylem, Inc., SPX Corporation, Mueller Water Products, Inc., Gutermann AG and Badger Meter, Inc.
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