Water Pipeline Leak Detection System Market Size To Reach US$ 3.3 Billion by 2028 | IMARC Group
The rising demand for water conservation represents a key factor driving the market growth across the globe.
BROOKLYN, NY, USA, May 1, 2023 /EINPresswire.com/ — According to the latest report by IMARC Group, titled “Water Pipeline Leak Detection System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” the global water pipeline leak detection system market size reached US$ 2.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.3 Billion by 2028, exhibiting a growth rate (CAGR) of 6.5% during 2023-2028.
A water pipeline leak detection system refers to a type of technology employed to detect leaks in water distribution networks. This system is aimed to supervise the flow of water through pipelines and detect any anomalies that may indicate the presence of a leak. The system typically includes sensors that are installed at several points along the pipeline, which measure the pressure, flow, and temperature of the water. The data collected from these sensors is then analyzed using advanced algorithms to identify any changes in the flow or pressure that could indicate a leak. Early recognition of leaks can help prevent water loss, reduce maintenance costs, and prevent damage to infrastructure and surrounding properties, which, consequently, is facilitating the need for water pipeline leak detection systems across the globe.
Request a Free PDF Sample of the Report: https://www.imarcgroup.com/water-pipeline-leak-detection-system-market/requestsample
Water Pipeline Leak Detection System Market Trends:
The rising demand for water conservation represents a key factor driving the market growth across the globe. In line with this, the increasing concerns over water scarcity are contributing to the growth of the market. The market is also driven by the rising investments by governments around the world in upgrading water infrastructure. In addition to this, the increasing need for efficient water management, along with growing population, urbanization, and industrialization, is facilitating the demand for water pipeline leak detection systems. Other factors, including the implementation of stringent regulations and policies related to water conservation and reducing non-revenue water losses and the development of advanced technologies, such as acoustic and non-acoustic-based leak detection systems, are creating a positive outlook for the market further across the globe.
Water Pipeline Leak Detection System Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the global 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:
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 Market Segmentation:
The report has segmented the global 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
Others
Breakup by Equipment:
Acoustic
Non-Acoustic
Breakup by Pipe Type:
Plastic Pipes
Ductile Iron Pipes
Stainless Steel Pipes
Aluminium Pipes
Others
Breakup by End- Use:
Industrial
Residential
Commercial
Municipal
Breakup by Region:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=2102&flag=E
Key Highlights of the Report:
Market Performance (2017-2022)
Market Outlook (2023-2028)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
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.
Related Reports by IMARC Group:
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Elena Anderson
IMARC Services Private Limited
+1 631-791-1145
email us here
