Water Pipeline Leak Detection Systems Market Analysis By 2030
The intelligence report by Allied Market Research is the solid outcome of deep study and arduous assessment of numerous dynamics modeling the growth of the Water Pipeline Leak Detection Systems market. Allied Market Research fosters a highly efficient team of experts, strategists, analysts, and industry specialists who provide proper frameworks and approaches to make efficient decisions. Their systematic analysis and insights help executives steer through their critical priorities with utmost confidence.
According to a new report published by Allied Market Research, titled, “Water Pipeline Leak Detection Systems Market by Location, Equipment Type, Pipe Material, and End User: Opportunity Analysis and Industry Forecast, 2020–2027,” the global water pipeline leak detection systems market size is expected to reach $2.3 billion in 2027 from $1.7 billion in 2019, growing at a CAGR of 6.8% from 2020 to 2027. In 2019, North America dominated the market, in terms of revenue, accounting for 37.4% share of the global water pipeline leak detection systems market.
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Water pipeline leak detection systems market is highly fragmented with various local players. Aging water conveyance infrastructure in the developed countries is boosting the demand of advanced leak detection systems in these countries
Analysis of the Covid-19 scenario-
Outbreak of the Covid-19 pandemic has had a preposterous impact on the lives of people. Most of the business verticals across the world were highly affected. The Water Pipeline Leak Detection Systems market report doles out a compact overview of the Covid-19 impact on the industry. Moreover, it takes in a micro- and macro-economic impact assessment. The report further cites the market extent and share as one of the major impacts of the pandemic. At the same time, it offers a detailed overview of the influence of COVID-19 on the Water Pipeline Leak Detection Systems market supply chain.
Last but not the least; the market report focuses on the key approaches incorporated by the industry players throughout the global health crisis. In a nutshell, the Water Pipeline Leak Detection Systems market report offers an overview of pre- as well as post-Covid-19 impact exploration.
The major players operating in the water pipeline leak detection systems industry include Aqualeak Detection Ltd., Atmos International Limited, Gutermann AG, Hermann Sewerin GmbH, Mueller Water Products Inc., Ovarro Limited, QinetiQ Group plc, Seba Dynatronic Mess- und Ortungstechnik GmbH, TTK S.A.S., and Xylem Inc. (Pure Technologies Ltd.)
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Key Findings Of The Study
- By location, the underground segment dominated the global water pipeline leak detection systems market share in 2019.
- On the basis of equipment type, the acoustic valves segment is expected to generate high revenue, globally.
- Depending on pipe location, the underground segment garnered major share of the water pipeline leak detection systems market in 2019.
- Based on the end user, the non-residential segment garnered highest revenue during 2019.
- Region wise, North America dominated the market in 2019.
The major queries answered in the report are given below:
- Who are the frontrunners active in the global Water Pipeline Leak Detection Systems market?
- What is the dominant scenario of the market?
- What are the existing drifts & leanings that would possibly determine the global Water Pipeline Leak Detection Systems market study in the next few years?
- What are the driving factors, limitations, and opportunities in the industry?
- What are the probable forecasts for the future that would help in coming up with further strategic steps to propel the growth of the market?
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