Market Overview:
The global liquid leak detector market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for liquid leak detectors from various end-use industries, such as chemical industry, automobile, aviation, and environment. In addition, the growing awareness about safety and security among consumers is also propelling the growth of this market. Based on type, the global liquid leak detector market can be segmented into location-based detectors and non-location based detectors. Location-based detectors are further classified into positioning systems and other location-based detectors. Non-location based detectors are further classified into acoustic sensors and other nonpositioning sensors.
Product Definition:
A liquid leak detector is a device used to find and locate leaks in pipes, hoses, tanks, and other containers of liquids. The importance of a liquid leak detector is that it can help to prevent environmental damage by finding and stopping leaks before they become too large.
Location:
Location is a technology that helps in determining the location of liquid leakages. It uses ultrasonic sensors and Global Positioning System (GPS) to determine the position of the liquid leak. The data obtained from these technologies are used to draw a map, which is further used by operators for efficient repair work.
Non Positioning:
Non positioning is a technology that uses sound waves to detect liquid leaks. It works by sending out ultrasonic pulses and measuring the time it takes for these pulses to return. The longer the time taken, the louder the leak.
The major advantage of non-positioning liquid leak detector is that there are no moving parts making it more reliable than other detectors which makes its results more accurate resulting in reducing repair costs.
Application Insights:
The chemical industry accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The primary reason behind this trend is that liquid leak detection systems are used in several applications, such as raw material supply chain, production & process control, safety & security of stored materials and finished products.
Liquid leak detection systems have been gaining popularity across several industries owing to their benefits; these include real-time data transmission capabilities along with advanced analytics that enable operators to make informed decisions on corrective measures or shutdowns. Furthermore, they offer flexibility in system design by allowing customized options for mounting locations and interface types. These factors are anticipated to drive demand across various application areas over the coming years.
Regional Analysis:
Asia Pacific liquid leak detector market is expected to grow at the highest CAGR during the forecast period. This can be attributed to increasing industrialization and growth of key sectors, such as chemical, oil & gas, automotive and others in this region. In addition, rising infrastructural development activities in emerging economies are anticipated to create numerous opportunities for LLD manufacturers over the next eight years.
The aviation industry is one of the most lucrative industries globally due to its immense potential across all regions including Europe and Asia Pacific.
Growth Factors:
- Increasing demand for liquid leak detectors in automotive and transportation industry due to the increasing safety concerns.
- Growing demand for liquid leak detectors from the oil and gas industry owing to the increasing exploration and production activities across the globe.
- Rising installation of liquid leak detectors in chemical processing plants owing to stringent government regulations related to safety and environment protection.
- Increasing adoption of liquid leak detectors in power generation plants due to growing concerns about safety hazards associated with these facilities
Scope Of The Report
Report Attributes
Report Details
Report Title
Liquid Leak Detector Market Research Report
By Type
Location, Non Positioning, Other
By Application
Chemical Industry, Automobile, Aviation, Environment, Other
By Companies
General Pipe Cleaners, Littelfuse, Amprobe Test Tools, Arjay Engineering, Armstrong Monitoring Corporation, Base Engineering, Tortai Technologies, Andel, Aquilar
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
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Liquid Leak Detector Market Report Segments:
The global Liquid Leak Detector market is segmented on the basis of:
Types
Location, Non Positioning, Other
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
Chemical Industry, Automobile, Aviation, Environment, Other
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:
- General Pipe Cleaners
- Littelfuse
- Amprobe Test Tools
- Arjay Engineering
- Armstrong Monitoring Corporation
- Base Engineering
- Tortai Technologies
- Andel
- Aquilar
Highlights of The Liquid 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:
- Location
- Non Positioning
- Other
- By Application:
- Chemical Industry
- Automobile
- Aviation
- Environment
- Other
- 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 Liquid 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 liquid leak detector is a device used to detect the presence of liquid leaks. Liquid leaks can occur from a variety of sources, including water pipes, faucets, and drains. A liquid leak detector can help identify the source of the leak and determine how much damage has been done.
Some of the major players in the liquid leak detector market are General Pipe Cleaners, Littelfuse, Amprobe Test Tools, Arjay Engineering, Armstrong Monitoring Corporation, Base Engineering, Tortai Technologies, Andel, Aquilar.
The liquid leak detector market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Liquid 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 Liquid Leak Detector Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Liquid 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 Liquid 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 Liquid Leak Detector Market Size & Forecast, 2020-2028
4.5.1 Liquid Leak Detector Market Size and Y-o-Y Growth
4.5.2 Liquid 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 Location
5.2.2 Non Positioning
5.2.3 Other
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 Chemical Industry
6.2.2 Automobile
6.2.3 Aviation
6.2.4 Environment
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Liquid 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 Liquid 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 Location
9.6.2 Non Positioning
9.6.3 Other
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 Chemical Industry
9.10.2 Automobile
9.10.3 Aviation
9.10.4 Environment
9.10.5 Other
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 Location
10.6.2 Non Positioning
10.6.3 Other
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 Chemical Industry
10.10.2 Automobile
10.10.3 Aviation
10.10.4 Environment
10.10.5 Other
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 Location
11.6.2 Non Positioning
11.6.3 Other
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 Chemical Industry
11.10.2 Automobile
11.10.3 Aviation
11.10.4 Environment
11.10.5 Other
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 Location
12.6.2 Non Positioning
12.6.3 Other
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 Chemical Industry
12.10.2 Automobile
12.10.3 Aviation
12.10.4 Environment
12.10.5 Other
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 Location
13.6.2 Non Positioning
13.6.3 Other
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 Chemical Industry
13.10.2 Automobile
13.10.3 Aviation
13.10.4 Environment
13.10.5 Other
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 Liquid Leak Detector Market: Competitive Dashboard
14.2 Global Liquid Leak Detector Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 General Pipe Cleaners
14.3.2 Littelfuse
14.3.3 Amprobe Test Tools
14.3.4 Arjay Engineering
14.3.5 Armstrong Monitoring Corporation
14.3.6 Base Engineering
14.3.7 Tortai Technologies
14.3.8 Andel
14.3.9 Aquilar
