Water Pipeline Leak Detection System Market to Witness Comprehensive Growth by 2031

Water Pipeline Leak Detection System Market – Introduction

• Leaks in resource transmission pipelines is a rising concern for the water transmission industry as pipeline leaks can have serious consequences. The water pipeline leak detection system helps pipeline controllers to detect and localize leaks; thus, it is increasingly being used in residential, commercial, and industrial sectors across the globe. Rising environmental concerns about water scarcity is helping in the growth of the water pipeline leak detection system market worldwide.

Key Drivers of the Water Pipeline Leak Detection System Market

• A water pipeline leak detection system helps to reduce loss of water. Leak in a water pipeline can prove to be expensive, especially with the cost of having to pay for lost water. Thus, accurate and reliable leak detection systems are hugely beneficial to reduce water loss. Further, the increasing use of advanced technologies in water pipeline leak detection systems such as Internet-of-Things (IoT) is helping in the growth of the water pipeline leak detection system market worldwide.
• Water leak detection systems are increasingly being used in residential, commercial, and industrial sectors as they help in detecting a damaged pipe which can prevent home and offices from being destroyed by water damage. Increasing environmental concerns related to water scarcity and rapid urbanization across the globe is increasing the demand for water pipeline leak detection systems in the market.

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Factors Restraining the Water Pipeline Leak Detection System Market

• The outbreak of Covid-19 affected the growth of the water pipeline leak detection system market. The shutdown and other travel and transportation restrictions affected the production of components required for water pipeline leak detection systems. Also, the disruption of supply chains due to lack of raw materials and workers hampered the growth of the water pipeline leak detection system market across the globe.

North America to Hold Leading Share of the Global Water Pipeline Leak Detection System Market

• In terms of region, the global water pipeline leak detection system market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
• Country and sub-region level analysis of North America features the U.S., Canada, and Rest of North America. Analysis and forecast of the water pipeline leak detection system market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the market analysis and forecast of GCC, South Africa, and Rest of Middle East & Africa. The water pipeline leak detection system market in South America is segmented into Brazil and Rest of South America.
• North America dominated the global water pipeline leak detection system market in 2020, due to presence of large number of market players in the region. Rise in population has been driving the water pipeline leak detection system market in North America, particularly in the U.S., and Canada.
• The water pipeline leak detection system market in North America is projected to expand at a rapid pace, followed by Asia Pacific and Europe during the forecast period.

Key Players Operating in the Water Pipeline Leak Detection System Market

The global water pipeline leak detection system market is highly competitive, owing to the presence of several global and regional players. Major players are adopting various strategies such as regional expansion and product portfolio expansion to consolidate their position in the market.

A few key players operating in the global water pipeline leak detection system market are:

• 3M Company
• ABB
• Atmos International (Atmos)
• Badger Meter Inc.
• Gutermann AG
• Mueller Water Products, Inc.
• NEC Corporation
• Perma-Pipe International Holdings, Inc.
• SPX Corporation
• Xylem

Global Water Pipeline Leak Detection System Market: Research Scope

Global Water Pipeline Leak Detection System Market, by Type

• Acoustic
• Non-acoustic

Global Water Pipeline Leak Detection System Market, by Pipe Type

• Aluminum Pipes
• Ductile Iron Pipes
• Stainless Steel Pipes
• Plastic Pipes
• Others

Global Water Pipeline Leak Detection System Market, by Application

• Commercial
• Residential
• Industrial

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