Water Leakage Tester Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, Segmented By Product Type (Fixed Leak Detectors, Portable Leak Detectors), By Location (Underground Pipeline Systems, Overhead Pipeline Systems), By Offerings (Equipment, Inspection), By Equipment (Acoustics, Non-acoustics), By End Use (Commercial, Residential), By Region
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Water and Waste Management | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationWater Leakage Tester Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, Segmented By Product Type (Fixed Leak Detectors, Portable Leak Detectors), By Location (Underground Pipeline Systems, Overhead Pipeline Systems), By Offerings (Equipment, Inspection), By Equipment (Acoustics, Non-acoustics), By End Use (Commercial, Residential), By Region
The global water leakage tester market is expected to grow at a steady CAGR during the forecast period, 2023-2027. The detection of water leaking is done using an electric instrument called a water leak detector. Water leak detectors are placed as safety devices in residences, workplaces, and commercial buildings to detect leaks and alert people when an urgent scenario arises. Water leakage cases that occur at various places result in the loss of a high amount of water. Buildings, whether new or old, can sustain damage from water leaks. Electronic sensors called "smart water leak detectors" reduce the chance of water damage. One of the most frequent reasons for property damage is water leaks. Like a smoke or CO2 detector, smart water leak detectors are tiny, white boxes the size of a bar of soap that are put on the floor close to a water-bearing fixture.
Water Leakage Tester Market Growth
Some key factors driving growth of the global water leakage tester market are the rising population, water constraints, and increasing demand for water. The market for water leakage testers is expanding owing to the requirement to minimize water wastage levels by identifying inefficiencies in water supply systems utilizing different devices, including water detectors, water sensors, and water leakage alarms. The global water leakage tester market is expected to be driven by the need to minimize water waste levels in homes, communities, municipalities, and commercial buildings.
A water leak within a home can be identified by a suspiciously high-water bill and a water meter reading. If there is mold or mildew on walls other than shower walls, this can also be the case. Water leaks can be detected by looking for drooping walls, floors, or ceilings that are also discolored or damaged. The market is anticipated to see lucrative growth prospects throughout the projected period due to the efforts being made by numerous firms to improve their research and development initiatives to evaluate more applications of water leakage detectors.
Opportunities & Techniques in Water Leakage Testers
These sensors are internet-connected devices that are frequently combined with GPS chips and GIS (Geographic Information System) to identify and notify end users of any water leaks or other damage. The projected year is anticipated to bring about a plethora of opportunities for manufacturers due to the growing production and incorporation of the Internet of Things (IoT) into smart homes.
Operators may reduce water loss and thus decrease water use by using smart water meter technology to find pipeline leaks. The need for smart sensors to minimize water leakage and manage water usage is likely to drive the growth of the smart water leak detector market during the forecast period.
In 2022, approximately 160 million children will experience severe and protracted droughts, and more than 2.3 billion people will experience water stress. In only 20 years, the incidence and duration of severe water shortages have increased globally, and it is predicted that 700 million people may have to leave their homes to locate potable water.
Challenges Faced by the Water Leakage Tester Industry
In-line sewage and drain issues may be identified by using video camera technology. This frequently entails inserting an infrared camera into a pipe at a cleanout, roof vent, or toilet drain. It can locate specific locations of breaks, worn-out lines, obstacles, and more. They can find a minor issue with a video camera pipe inspection so that it can be fixed before sewage repair services are required. Due to increase in pipeline usage for transportation; leak detection is a grave safety concern.
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Market Segment
Market Players
Perma-Pipe International Holdings, Inc
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Attribute |
Details |
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Base
Year |
2021 |
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Historic
Data |
2017 –
2020 |
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Estimated
Year |
2022 |
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Forecast
Period |
2023 – 2027 |
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Quantitative
Units |
Revenue in USD Million, Volume in Units, and CAGR for
2017-2021 and 2022-2027 |
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Report
Coverage |
Revenue
forecast, company share, growth factors, and trends |
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Segments
covered |
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Product Type ·
Location ·
Offerings ·
Equipment ·
End use |
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Regional
scope |
North
America, Europe, Asia-Pacific, South
America, Middle East |
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Country
scope |
; United States, Canada; Mexico, China, India, Japan, South
Korea, Australia, Singapore, Malaysia, Germany, United Kingdom, France,
Italy, Spain, Poland, Colombia, Brazil; Argentina, Peru, Chile, Africa, Saudi
Arabia, South Africa, UAE; Iraq, Turkey. |
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Key
companies profiled |
Perma-Pipe
International Holdings, Inc, Pure Technologies Ltd, Atmos International, TTK-
Leak Detection System, Aqua Leak Detection LLC, Mueller Wate Products, Inc,
NEC Corporation, ABB, Siemens, Schneider Electric. |
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Customization
scope |
10% free report customization with purchase. Addition or
alteration to country, regional & segment scope. |
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Pricing
and purchase options |
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customized purchase options to meet your exact research needs. Explore purchase options |
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Delivery
Format |
PDF and
Excel through Email (We can also provide the editable version of the report
in PPT/Word format on special request) |
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