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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. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
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.
IMARC Group provides an analysis of the key trends in each sub-segment of the global water pipeline leak detection system market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on 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.
|Base Year of the Analysis||2021|
|Segment Coverage||Technology, Equipment, Pipe Type, End-Use, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Poland, China, Japan, India, South Korea, Australia, Brazil, Mexico, Turkey, Saudi Arabia, United Arab Emirates, Israel|
|Companies Covered||NEC Corporation, Xylem, Inc., SPX Corporation, Mueller Water Products Inc, Gutermann AG., 3M Company, ABB Ltd., Badger Meter Inc. and Perma-Pipe International Holdings, Inc.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
We expect the global water pipeline leak detection system market to grow at a CAGR of 6.8% during 2022-2027.
The rising concerns toward water scarcity, along with the ongoing renovation of existing pipeline systems, represent some of the key factors driving the global water pipeline leak detection system market.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary halt in numerous construction activities, thereby limiting the demand for water pipeline leak detection system.
Based on the equipment, the global water pipeline leak detection system market can be segmented into acoustic and non-acoustic, where non-acoustic equipment currently exhibits a clear dominance in the market.
Based on the pipe type, the global water pipeline leak detection system market has been bifurcated into plastic pipes, ductile iron pipes, stainless steel pipes, aluminum pipes, and others. Currently, iron pipes hold the majority of the total market share.
Based on the end-use, the global water pipeline leak detection system market can be divided into industrial, residential, commercial, and municipal. Among these, the municipal sector currently represents the largest market share.
On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where North America currently dominates the global market.
Some of the major players in the global water pipeline leak detection system market include NEC Corporation, Xylem, Inc., SPX Corporation, Mueller Water Products Inc, Gutermann AG., 3M Company, ABB Ltd., Badger Meter Inc., Perma-Pipe International Holdings, Inc., etc.
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