Market Overview:
The Global Compressed Air Leak Detector Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for compressed air leak detectors in various applications such as gas field, refrigeration technology, vacuum ambiance, and others. Additionally, the growing awareness about safety and security among consumers is also propelling the growth of this market. Based on type, the global compressed air leak detector market can be segmented into 0-20ft, 20-50ft, 50-90ft and >100ft segments. The 0-20ft segment is projected to account for a major share of the global compressed air leak detector market during the forecast period owing to its low price and easy installation. However, with technological advancements in detection systems such as acoustic sensors and infrared sensors that can detect even very small leaks at long distances (>100 ft), this segment is expected to lose its share over time.
Product Definition:
A compressed air leak detector is a device used to find and repair leaks in compressed air systems. The importance of a compressed air leak detector is that it can prevent the loss of valuable compressed air, which can lead to increased operating costs.
0-20ft:
0-20ft (also known as 20 foot equivalent) is a unit of pressure, the normal atmosphere which is represented by a depth of water at 20 ft. below sea level. 0-20ft gauge indicates the maximum amount of compressed air that can be leakage past a certain point in an underground pipeline without any significant loss in pressure.
The growth factor for 0-20ft gauge leak detection market size was estimated to be around 1.5 times between 2014.
20-50ft:
20-50ft and it's usage in Compressed Air Leak Detector market is used to detect the presence of air leakages in compressed air system. It’s major applications are for testing the integrity of building structure, detecting cracks & breaks in pipes, valves or turbines and also to test for existence & position of objects (such as tools) inside a container.
It uses inflatable membrane sensor technology that is deployed between two points A.
Application Insights:
The gas field application segment accounted for the largest revenue share in 2016 and is projected to witness significant growth over the forecast period. The increasing use of compressed air leak detectors in oil & gas sector as a tool to identify potential hazards related to high-pressure pipelines is expected to drive the market growth over the coming years.
The vacuum ambiance application segment was valued at USD 1,252.3 million in 2016 owing to its rising use across various industries such as food & beverage, medical technology and semiconductor manufacturing among others.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of 5.6% over the forecast period, owing to increasing demand for technologically advanced products coupled with stringent government regulations pertaining to safety and security of workers in industrial facilities and mining sites.
Asia Pacific is anticipated to be one of the fastest-growing regions over the forecast period owing to rapid industrialization along with growing construction activities across emerging economies such as China, India, Indonesia, Malaysia and Thailand. In addition, rising population coupled with increased consumer spending on luxury goods including air leak detectors will drive product sales in this region as well.
Growth Factors:
- Increasing demand for compressed air leak detectors in automotive and aerospace industries for quality control purposes
- Growing awareness about the benefits of using compressed air leak detectors among small and medium-sized businesses
- Rising demand for portable and handheld compressed air leak detectors due to their ease of use and portability
- Proliferation of online shopping platforms that offer discounted prices on compressed air leak detectors
- Growing popularity of smart factories, which are increasingly adopting automated processes that require the use of compressed air leak detectors
Scope Of The Report
Report Attributes
Report Details
Report Title
Compressed Air Leak Detector Market Research Report
By Type
0-20ft, 20-50ft, 50-90ft, >100ft
By Application
Gas Field, Refrigeration Technology, Vacuum Ambiance, Others
By Companies
Superior Accutrak, Testo, Pruftechnik, CS Instruments, Fluke, Pfeiffer Vacuum, Leybold, Sonotec, Furness Controls, SDT, SKF, Anver
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Compressed Air Leak Detector Market Report Segments:
The global Compressed Air Leak Detector market is segmented on the basis of:
Types
0-20ft, 20-50ft, 50-90ft, >100ft
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Gas Field, Refrigeration Technology, Vacuum Ambiance, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Superior Accutrak
- Testo
- Pruftechnik
- CS Instruments
- Fluke
- Pfeiffer Vacuum
- Leybold
- Sonotec
- Furness Controls
- SDT
- SKF
- Anver
Highlights of The Compressed Air Leak Detector Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 0-20ft
- 20-50ft
- 50-90ft
- >100ft
- By Application:
- Gas Field
- Refrigeration Technology
- Vacuum Ambiance
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Compressed Air Leak Detector Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A compressed air leak detector is a device that detects the presence of compressed air in an area. If there is a leak, the detector will sound an alarm.
Some of the major companies in the compressed air leak detector market are Superior Accutrak, Testo, Pruftechnik, CS Instruments, Fluke, Pfeiffer Vacuum, Leybold, Sonotec, Furness Controls, SDT, SKF, Anver.
The compressed air leak detector market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Compressed Air Leak Detector Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Compressed Air Leak Detector Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Compressed Air Leak Detector Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Compressed Air Leak Detector Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Compressed Air Leak Detector Market Size & Forecast, 2020-2028
4.5.1 Compressed Air Leak Detector Market Size and Y-o-Y Growth
4.5.2 Compressed Air Leak Detector Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 0-20ft
5.2.2 20-50ft
5.2.3 50-90ft
5.2.4 >100ft
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Gas Field
6.2.2 Refrigeration Technology
6.2.3 Vacuum Ambiance
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Compressed Air Leak Detector Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Compressed Air Leak Detector Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 0-20ft
9.6.2 20-50ft
9.6.3 50-90ft
9.6.4 >100ft
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Gas Field
9.10.2 Refrigeration Technology
9.10.3 Vacuum Ambiance
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 0-20ft
10.6.2 20-50ft
10.6.3 50-90ft
10.6.4 >100ft
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Gas Field
10.10.2 Refrigeration Technology
10.10.3 Vacuum Ambiance
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 0-20ft
11.6.2 20-50ft
11.6.3 50-90ft
11.6.4 >100ft
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Gas Field
11.10.2 Refrigeration Technology
11.10.3 Vacuum Ambiance
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 0-20ft
12.6.2 20-50ft
12.6.3 50-90ft
12.6.4 >100ft
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Gas Field
12.10.2 Refrigeration Technology
12.10.3 Vacuum Ambiance
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 0-20ft
13.6.2 20-50ft
13.6.3 50-90ft
13.6.4 >100ft
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Gas Field
13.10.2 Refrigeration Technology
13.10.3 Vacuum Ambiance
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Compressed Air Leak Detector Market: Competitive Dashboard
14.2 Global Compressed Air Leak Detector Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Superior Accutrak
14.3.2 Testo
14.3.3 Pruftechnik
14.3.4 CS Instruments
14.3.5 Fluke
14.3.6 Pfeiffer Vacuum
14.3.7 Leybold
14.3.8 Sonotec
14.3.9 Furness Controls
14.3.10 SDT
14.3.11 SKF
14.3.12 Anver
