Water Leakage Detector Systems Market
Water Leakage Detector Systems Market Size, Share, Growth, Forecast Analysis, By Type (Active Leak Detector Systems, Passive Leak Detector Systems), By End Use (Commercial, Water Supply Systems, Residential, Other), & Region - Global Market Insights 2023 to 2033
Analysis of Water Leakage Detector Systems Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Water Leakage Detector Systems Market Outlook (2023 to 2033)
The global water leakage detector systems market is projected to rise at a CAGR of 5.8%, thereby increasing from its current valuation of US$ 4.7 billion to US$ 8.3 billion by the end of 2033. Water leaks cause millions of dollars in damage and waste around the world and are widespread in both residential and non-residential settings.
A water leakage detector is an electromechanical device that detects and senses water leakage within a process or system. Water leakage detectors are installed as safety devices in factories, households, and commercial buildings to detect leaks and alert people to the alarming situation to minimize waste or danger.
Water leakage detectors can also be used to control the flow of water in pipelines. These detectors detect water leaks and provide a signal to initiate appropriate action. Water leak detectors of various designs and types can be used securely in a variety of commercial, residential, and industrial applications.
The usable water needed to sustain the world's rising population is in short supply, which is a major worry worldwide. According to the WHO (World Health Organization), this is mainly due to institutions' failure to provide a continuous supply of water or a lack of suitable infrastructure.
- The UN (United Nations) reported in 2019 that over 1.5 billion people live in countries with severe water scarcity.
As a result, there is an increased demand for water waste reduction measures. The installation of appropriate water pipeline leakage detection systems aids in the identification of leaks in installed water pipes, hence avoiding water loss through holes and cracks. Moreover, the rapid growth of the construction industry and increased investment in infrastructure development are boosting the demand for water leakage detector systems.
The implementation of strict regulations for green buildings by governments to address environmental concerns has urged building owners to reduce water waste by identifying leakages in the water supply using devices like water sensors, water leak alarms, and water leak detectors.
Furthermore, water leak detectors are becoming more popular in the industrial and commercial sectors, owing to the considerable danger of water leakage to a variety of businesses. The industrial sector requires regular inspections and cannot afford even minor flaws in water leak detection systems.
Major market players are focusing on the usage of computerized technologies and digital survey processes to boost the efficiency of water leakage detector systems. The adoption and implementation of such technologies are predicted to generate significant opportunities in the market for water leakage detector systems over the forecast period.
| Report Attributes | Details |
|---|---|
| Water Leakage Detector Systems Market Size (2023) | US$ 4.7 Billion |
| Projected Market Value (2033) | US$ 8.3 Billion |
| Global Market Growth Rate (2023 to 2033) | 5.8% CAGR |
| U.S. Market Value (2022) | US$ 1.9 Billion |
| Commercial Segment Growth Rate (2023 to 2033) | 5.1% |
| Key Companies Profiled | 3M Company; Hermann Sewerin GmbH; ABB Ltd; Aqualeak Detection Ltd; NEC Corporation; Atmos International Inc; Badger Meter Inc; Perma-Pipe International Holdings, Inc; Gutermann AG; LeakTronics; Seba Dynatronic Mess- und Ortungstechnik GmbH; NVent; Ovarro Limited; Pentair plc; Resideo Technologies, Inc; Yokogawa Electric Corporation Schneider Electric SE; SPX Corporation |
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Why are Sales of Water Leakage Detector Systems Gaining Traction?
“Deteriorating Water Infrastructure in Developed Countries”
The water infrastructure in developed countries such as the United Kingdom, the United States, and others were built around 1970. Nevertheless, this water infrastructure is deteriorating as time passes, resulting in problems such as pipe corrosion, crack formation, breakage, and others.
Water leakage detector systems are deployed to assist in the identification of leaks in these degrading water pipelines and the prevention of the loss of treated and clean water.
As a consequence of the aging of the water infrastructure, the demand for sophisticated water leakage detector systems is increasing.
Which Factor Cn Negatively Impact the Market for Water Leakage Detectors?
“Lack of Product Awareness in Emerging Economies”
Lack of awareness regarding the benefits of water leakage detector systems in emerging economies is a significant factor that can negatively impact sales growth.
Moreover, water scarcity, inadequate water transportation systems, and a dearth of pipeline leak detection and protection funds all contribute to serious water problems in emerging economies.
Non-revenue water (NRW), or municipal water lost during pipeline transport, is caused mostly by leaks, faulty metering, evaporation, theft, and insufficient data gathering.
- The International Energy Agency reported in 2019 that roughly 35% of water globally is NRW.
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Country-wise Insights
Why is the United States at the Helm of the North American Market?
North America is experiencing a substantial economic expansion, fast urbanization, a greater population, and higher living standards, which necessitates high-end infrastructure. As a result, the government is investing heavily to address the issue of water waste by introducing water leak detectors.
The United States is leading the North American market. The United States market was valued at US$ 1.9 billion in 2022. The growth of the United States market can be due to the presence of strict government rules and standards. The United States' pipeline leak detection rule requires the deployment of a leak detection system on liquid pipelines.
Which Countries are Driving Market Growth in Asia Pacific?
The demand for water leakage detector systems is growing in Asia Pacific. Many developing countries in Asia Pacific are still in the process of constructing water transportation infrastructure.
Japan and South Korea are promoting market expansion in Asia Pacific due to rising water leakage detection requirements.
Japan has invested heavily in water management infrastructure. Japan intends to deploy 100% smart water meters by 2025, with the assistance of the Japan Water Research Center (JWRC).
What is Germany's Stance in the European Market?
The sales of water leakage detector systems are increasing in Europe. European cities have the greatest risk for severe water leaks due to their complicated networks of outdated pipes. As a result, the installation of water leakage detector systems across the region is required to address the issue of water waste.
Germany plays a massive role in the European market. The German government is deploying water leakage detector systems in their water transmission networks to measure flow and detect water leaks quickly.
Category-wise Insights
Why are Water Leakage Detector Systems in High Demand in the Commercial Sector?
The demand for water leakage detector systems in the commercial sector is projected to expand at a 5.1% CAGR over the next ten years.
Water leakage detection systems are in high demand in municipal water infrastructure applications due to the significant water loss as a result of leaks in these systems. Furthermore, water leaks in commercial structures can cause dangerous incidents that endanger both the building's machinery and people.
- T.T.K. S.A.S., a French company, offers water leak detection services in sensitive sites such as semiconductor factories, banking transmission networks, data centers, and others. It provides digital leak detection systems that include a digital unit and a network of sensing cables.
Water leakage detector systems are also used extensively in the residential sector. Residential water leaks can cause significant damage to a home's foundation and basement.
However, as home automation becomes more popular, smart water leak detectors are now accessible for household usage.
Smart water leak detectors continuously monitor the flow of water through pipes for unusual behavior. The system cuts water flow to the house if a leak is discovered by closing the inlet valve.
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Competitive Landscape
The global water leakage detector systems market is fragmented, with various international and regional players competing for recognition in a relatively competitive market. Moreover, the global market is experiencing increased competitive rivalry as a result of new startups in AI and IoT-based offerings, which are likely to grow throughout the forecast period.
- Ovarro Limited unveiled the Eureka5, an upgraded leak noise logger, in May 2022. The Eureka5 can enhance the accuracy of a detected leak's location with the press of a button. The speed of sound inside the pipe is a crucial aspect in pinpointing the location of a leak.
- Ben Crabtree, the product line manager of Control Point at Ovarro, stated in March 2022 that the UK water sector had made remarkable achievements in reducing leakage; however, a data-led strategy on the flange and joint assemblies, together with worker training, can still deliver considerable advantages.
- The ABB Ability Smart Solution for Wastewater was introduced in February 2022. This computerized technology addresses the challenge that wastewater treatment plant operators confront in meeting low energy consumption while satisfying high operational demands. The two fundamental foundations of the unique system, which predicts future operational needs, are advanced process control (APC) and digital twin and simulation technologies.
- ABB introduced an electromagnetic flowmeter with bidirectional communication in December 2021 to support intelligent water loss management. The AquaMaster 4 Mobile Communications devices can communicate through NB-IoT and 4G-LTE networks, enabling plant engineers to monitor the state of the water systems.
- ABB collaborated with a Danish water environment specialist in October 2021 to create the next generation of smart water solutions that encourage more careful water use. With these solutions, customers in this sector can better control water availability and increase plant operating effectiveness in both process and energy optimization.
Segments of Water Leakage Detector Systems Industry Research
-
By Type :
- Active Leak Detector Systems
- Passive Leak Detector Systems
-
By End Use :
- Commercial
- Water Supply Systems
- Residential
- Other End Uses
-
By Region :
- North America
- Latin America
- Europe
- APAC
- MEA
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 6. Global Market Volume (Units) Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 7. Global Market - Pricing Analysis
- 8. Global Market Value Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Type
- 9.1. Active Leak Detector Systems
- 9.2. Passive Leak Detector Systems
- 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by End Use
- 10.1. Commercial
- 10.2. Water Supply Systems
- 10.3. Residential
- 10.4. Other End Uses
- 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Europe
- 11.4. East Asia
- 11.5. South Asia
- 11.6. Oceania
- 11.7. Middle East and Africa (MEA)
- 12. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 13. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 14. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 17. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 18. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 19. Key and Emerging Countries Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 19.1. By Type
- 20. Market Structure Analysis
- 21. Competition Analysis
- 21.1. 3M Company
- 21.2. Hermann Sewerin GmbH
- 21.3. ABB Ltd
- 21.4. Aqualeak Detection Ltd
- 21.5. NEC Corporation
- 21.6. Atmos International Inc
- 21.7. Badger Meter Inc
- 21.8. Perma-Pipe International Holdings, Inc
- 21.9. Gutermann AG
- 21.10. LeakTronics
- 21.11. Seba Dynatronic Mess- und Ortungstechnik GmbH
- 21.12. NVent
- 21.13. Ovarro Limited
- 21.14. Pentair plc
- 21.15. Resideo Technologies, Inc
- 21.16. Yokogawa Electric Corporation Schneider Electric SE
- 21.17. SPX Corporation
- 22. Assumptions and Acronyms Used
- 23. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End Use
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2022 to 2032, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End Use
Table 08: Latin America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2022 to 2032, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End Use
Table 11: Europe Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2022 to 2032, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End Use
Table 14: South Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2022 to 2032, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End Use
Table 17: East Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2022 to 2032, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End Use
Table 20: Oceania Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2022 to 2032, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End Use
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2022 to 2032, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End Use
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2018 to 2022
Figure 02: Global Market Volume Forecast (in 000' Units), 2023 to 2033
Figure 03: Pricing Analysis (US$) Per Type, By Region, 2022
Figure 04: Pricing Analysis (US$) Per Type, By Region, 2022
Figure 05: Global Market Value Analysis (US$ Mn), 2018 to 2022
Figure 06: Global Market Value Forecast (US$ Mn), 2023 to 2033
Figure 07: Global Market Absolute $ Opportunity, 2023 to 2033
Figure 08: Global Market Share Analysis (%), By Type, 2023 to 2033
Figure 09: Global Market Y-o-Y Analysis (%), By Type, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis by Type, 2023 to 2033
Figure 11: Global Market Share Analysis (%), By End Use, 2023 to 2033
Figure 12: Global Market Y-o-Y Analysis (%), By End Use, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 14: Global Market Share Analysis (%), By Region, 2023 to 2033
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 17: North America Market Value Share, By Type, 2022 (E)
Figure 18: North America Market Value Share, By End Use, 2022 (E)
Figure 19: North America Market Value Share, By Country, 2022 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 21: North America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 22: North America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 24: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 25: Latin America Market Value Share, By Type, 2022 (E)
Figure 26: Latin America Market Value Share, By End Use, 2022 (E)
Figure 27: Latin America Market Value Share, By Country, 2022 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 29: Latin America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 30: Latin America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 31: Latin America Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 32: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 33: Europe Market Value Share, By Type, 2022 (E)
Figure 34: Europe Market Value Share, By End Use, 2022 (E)
Figure 35: Europe Market Value Share, By Country, 2022 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2018 to 2022
Figure 37: Europe Market Value Forecast (US$ Mn), 2023 to 2033
Figure 38: Europe Market Attractiveness Analysis by Type, 2023 to 2033
Figure 39: Europe Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 40: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 41: South Asia Market Value Share, By Type, 2022 (E)
Figure 42: South Asia Market Value Share, By End Use, 2022 (E)
Figure 43: South Asia Market Value Share, By Country, 2022 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 45: South Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 46: South Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 47: South Asia Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 48: South Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 49: East Asia Market Value Share, By Type, 2022 (E)
Figure 50: East Asia Market Value Share, By End Use, 2022 (E)
Figure 51: East Asia Market Value Share, By Country, 2022 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 53: East Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 54: East Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 55: East Asia Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 56: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 57: Oceania Market Value Share, By Type, 2022 (E)
Figure 58: Oceania Market Value Share, By End Use, 2022 (E)
Figure 59: Oceania Market Value Share, By Country, 2022 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2018 to 2022
Figure 61: Oceania Market Value Forecast (US$ Mn), 2023 to 2033
Figure 62: Oceania Market Attractiveness Analysis by Type, 2023 to 2033
Figure 63: Oceania Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 64: Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 65: Middle East and Africa Market Value Share, By Type, 2022 (E)
Figure 66: Middle East and Africa Market Value Share, By End Use, 2022 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2022 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2018 to 2022
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2023 to 2033
Figure 70: Middle East and Africa Market Attractiveness Analysis by Type, 2023 to 2033
Figure 71: Middle East and Africa Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2023 to 2033
Figure 73: U. S. Market Value Analysis (US$ Mn), 2023 & 2033
Figure 74: U. S. Market Value Share, By Type, 2022 (E)
Figure 75: U. S. Market Value Share, By End Use, 2022 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2023 & 2033
Figure 77: Canada Market Value Share, By Type, 2022 (E)
Figure 78: Canada Market Value Share, By End Use, 2022 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2023 & 2033
Figure 80: Mexico Market Value Share, By Type, 2022 (E)
Figure 81: Mexico Market Value Share, By End Use, 2022 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2023 & 2033
Figure 83: Brazil Market Value Share, By Type, 2022 (E)
Figure 84: Brazil Market Value Share, By End Use, 2022 (E)
Figure 85: U. K. Market Value Analysis (US$ Mn), 2023 & 2033
Figure 86: U. K. Market Value Share, By Type, 2022 (E)
Figure 87: U. K. Market Value Share, By End Use, 2022 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2023 & 2033
Figure 89: Germany Market Value Share, By Type, 2022 (E)
Figure 90: Germany Market Value Share, By End Use, 2022 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2023 & 2033
Figure 92: France Market Value Share, By Type, 2022 (E)
Figure 93: France Market Value Share, By End Use, 2022 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2023 & 2033
Figure 95: Italy Market Value Share, By Type, 2022 (E)
Figure 96: Italy Market Value Share, By End Use, 2022 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2023 & 2033
Figure 98: Spain Market Value Share, By Type, 2022 (E)
Figure 99: Spain Market Value Share, By End Use, 2022 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 101: Russia Market Value Share, By Type, 2022 (E)
Figure 102: Russia Market Value Share, By End Use, 2022 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2023 & 2033
Figure 104: China Market Value Share, By Type, 2022 (E)
Figure 105: China Market Value Share, By End Use, 2022 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2023 & 2033
Figure 107: Japan Market Value Share, By Type, 2022 (E)
Figure 108: Japan Market Value Share, By End Use, 2022 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2023 & 2033
Figure 110: South Korea Market Value Share, By Type, 2022 (E)
Figure 111: South Korea Market Value Share, By End Use, 2022 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2023 & 2033
Figure 113: India Market Value Share, By Type, 2022 (E)
Figure 114: India Market Value Share, By End Use, 2022 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2023 & 2033
Figure 116: ASEAN Market Value Share, By Type, 2022 (E)
Figure 117: ASEAN Market Value Share, By End Use, 2022 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 119: Australia Market Value Share, By Type, 2022 (E)
Figure 120: Australia Market Value Share, By End Use, 2022 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2023 & 2033
Figure 122: New Zealand Market Value Share, By Type, 2022 (E)
Figure 123: New Zealand Market Value Share, By End Use, 2022 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2023 & 2033
Figure 125: GCC Countries Market Value Share, By Type, 2022 (E)
Figure 126: GCC Countries Market Value Share, By End Use, 2022 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2023 & 2033
Figure 128: Turkey Market Value Share, By Type, 2022 (E)
Figure 129: Turkey Market Value Share, By End Use, 2022 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2023 & 2033
Figure 131: South Africa Market Value Share, By Type, 2022 (E)
Figure 132: South Africa Market Value Share, By End Use, 2022 (E)
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What was the valuation of the United States market in 2022?
The United States market was valued at US$ 1.9 billion in 2022.
What is the value of the water leakage detector systems market in 2023?
The global water leakage detector systems market is set to be valued at US$ 4.7 billion in 2023.
What is the forecasted sales revenue for water leakage detectors?
Global sales of water leakage detector systems are expected to reach US$ 8.3 billion by 2033.
What is the estimated CAGR for the market?
Demand for water leakage detector systems is estimated to increase at a CAGR of 5.8% during the forecast period.
Which region is the leading market for water leakage detector manufacturers?
North America is the market leader for water leakage detector systems.
Who are the key players operating in the market?
3M Company, Hermann Sewerin GmbH, ABB Ltd, Aqualeak Detection Ltd, NEC Corporation, Atmos International Inc, Badger Meter Inc, Perma-Pipe International Holdings, Inc Gutermann AG, LeakTronics, Seba Dynatronic Mess- und Ortungstechnik GmbH, nVent, Ovarro L
Water Leakage Detector Systems Market