Water Pipeline Leak Detection Systems Market is estimated to be US$ 3321.71 Million by 2030 with a CAGR of 6.1% during the forecast period

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Published Date: April 2024

Water Pipeline Leak Detection Systems Market accounted for US$ 1845.11 million in 2020 and is estimated to be US$ 3321.71 million by 2030 and is anticipated to register a CAGR of 6.1%. Pipeline leak detection systems are engineering systems used to detect leak of materials from the pipeline, in order to alert the operator to leak incidents. Different technologies are available to detect the leak from pipelines, depending on the nature of the fluid in the pipeline and the leak size. Pipeline networks are a mode of transportation for oil, gases and other fluid products. As a means of long-distance transport, pipelines have to fulfill high demands of safety, reliability and efficiency. If properly maintained, pipelines can last indefinitely without leaks. Some significant leaks that do occur are caused by damage from nearby excavation, but most leaks are caused by corrosion and equipment failure and incorrect operation.

The report " Water Pipeline Leak Detection Systems Market, By Technology (Equipment and Inspection), By Equipment (Acoustic and Non-Acoustic), By Type (Continuous and Non-Continuous), By Location of Application (Underground Water Pipeline and Above the Ground Water Pipeline) and By End-Users (Residential, Commercial, Municipal, and Industrial) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030”

Key Highlights:

On 14^th july 2021, Aquarius Spectrum, a leading provider of water leak detection and pipe condition assessment solutions, will deploy its innovative acoustic monitoring system (AQS-SYS) on Singapore's drinking water supply network. Aquarius Spectrum’s solution was part of the proposal submitted by its local partner, which was awarded the tender by PUB, Singapore’s National Water Agency for provision of leak detection services.

Analyst View:

The scarcity of water is a rising global concern mainly owing to the shortage of physical water required for the growing population. According to the World Health Organization (WHO) this is mainly caused due to failure of institutions to provide regular supply of water or because of lack of proper infrastructure. More than 2 billion population globally is currently staying in countries with high water stress as per the 2018 statistics provided by the United Nations (UN). In order to tackle this problem, it is necessary to conserve and utilize water safely. Installation of proper water pipeline leak detection systems assist in specifying the leakages in installed water pipes, which ultimately avoids the wastage of water through cracks and holes.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Water Pipeline Leak Detection Systems Market, By Technology (Equipment and Inspection), By Equipment (Acoustic and Non-Acoustic), By Type (Continuous and Non-Continuous), By Location of Application (Underground Water Pipeline and Above the Ground Water Pipeline) and By End-Users (Residential, Commercial, Municipal, and Industrial) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030”

Key Market Insights from the report:

Water Pipeline Leak Detection Systems Market accounted for US$ 1845.11 million in 2020 and is estimated to be US$ 3321.71 million by 2030 and is anticipated to register a CAGR of 6.1%. The Water Pipeline Leak Detection Systems Market is segmented based on the Technology, Equipment, Type, Location of application, End-Users and region.

By Technology, the Water Pipeline Leak Detection Systems Market is segmented into Equipment and Inspection.
By Equipment, the target market is segmented into Acoustic and Non-Acoustic.
By Type, the target market is segmented into Continuous and Non-Continuous.
By Location of application, the target market is segmented into Underground Water Pipeline and Above the Ground Water Pipeline.
By End-User, the target market is segmented into Residential, Commercial, Municipal, and Industrial.
By region, the Water Pipeline Leak Detection Systems Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape:

The Key players in the Water Pipeline Leak Detection Systems Market includes, Perma-Pipe, Inc.Pure Technologies Ltd., Atmos International Ltd., TTK - Leak Detection System, Aqua Leak Detection LLC, Mueller Water Products, Inc., NEC Corporation, Badger Meter, Inc., 3M Company and Schneider Electric, Inc.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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Some Important Points Answered in this Market Report Are Given Below:

Explains an overview of the product portfolio, including product development, planning, and positioning
Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
Detailed analysis of the market revenue over the forecasted period.
Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
Study on the segments that are anticipated to dominate the market.
Study on the regional analysis that is expected to register the highest growth over the forecast period

Key Topics Covered