Water Pipeline Leak Detection System Market Research Report, Size, Share, Trends and Forecast to 2021-2026

According to the latest report by IMARC Group, titled “Water Pipeline Leak Detection System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global water pipeline leak detection system market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 8.7% during 2021-2026.

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.

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water pipeline leak detection system refers to an engineering system that is utilized for the detection of leak location in a pipeline. Several factors, such as age, improper installation and natural disasters, can result in pipeline leaks, especially at low points with maximum moisture collection and at construction joints. Pipeline leakage can be identified by using acoustic and non-acoustic devices. In addition to this, several sensors and data collectors are also employed in these systems for the inspection of the leaks and defects in a pipeline. Consequently, these systems find extensive applications in the residential, commercial and industrial sectors for minimizing the wastage of water and reducing associated costs.

Global Water Pipeline Leak Detection System Market Trends:

The global market is primarily driven by the rising need for effective water management solutions. In line with this, the significant expansion in the residential and commercial sectors, along with rapid urbanization and population explosion, has resulted in a dire need for water and its effective management to ensure a well-structured distribution network. This has consequently led to the increasing employment of water pipeline leak detection systems in establishments and related infrastructure, which is contributing to the market growth. Furthermore, governments of several nations across the globe are increasingly focusing on effective measures to reduce water wastage. This, in confluence with the rising expenditure of water treatment and transmission companies on maintenance, is acting as another major growth-inducing factor. The market is further driven by several technological advancements, such as the introduction of smart water meters and the extensive usage of Internet-of-Things (IoT)-based monitoring systems. Other factors, including the rising environmental concerns toward water scarcity and the increasing number of water treatment plants, especially in developing regions, are expected to create a positive outlook for the market further.

Water Pipeline Leak Detection System Market 2021-2026 Competitive Analysis and Segmentation:

Competitive Landscape with Key Players:

The competitive landscape of the water pipeline leak detection system market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• Mueller Water Products Inc
• NEC Corporation
• Xylem, Inc.
• SPX Corporation
• Gutermann AG.
• Badger Meter Inc.

Key Market Segmentation:

The report has segmented the water pipeline leak detection system market on the basis of technology, equipment, pipe type, end-use and region.

Breakup by Technology:

• Ultrasonic
• Smart Ball
• Magnetic Flux
• Fiber Optic
• Other

Breakup by Equipment:

• Acoustic
• Non-Acoustic

Breakup by Pipe Type:

• Plastic Pipes
• Ductile Iron Pipes
• Stainless Steel Pipes
• Aluminium Pipes
• Other

Breakup by End-Use:

• Industrial
• Residential
• Commercial
• Municipal

Breakup by Region:

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/water-pipeline-leak-detection-system-market

Key highlights of the report:            

• Market Performance (2015-2020)
• Market Outlook (2021-2026)
• Industry Trends
• Market Drivers and Success Factors
• The Impact of COVID-19 on the Global Market
• Value Chain Analysis
• Structure of the Global Market
• 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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