Market Overview:
The global water leak detection systems 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 water leak detection systems in residential and commercial places, owing to the rising awareness about water wastage and its impact on environment. In addition, the growing installation of advanced water supply systems is also propelling the growth of this market. Based on type, passive leak detection systems accounted for a larger share of the global water leak detection systems market in 2017. This can be attributed to their low installation cost as compared to active leak detection systems and their ability to detect even small leaks accurately.
Product Definition:
Water leak detection systems are designed to identify the presence of water leaks in a facility. The systems can be used to detect leaks in plumbing, fixtures, and appliances. The importance of water leak detection systems is that they can help prevent property damage and minimize the amount of water wasted.
Passive Leak Detection Systems:
Passive Leak Detection Systems, also known as Water Absorption Monitoring Systems (WAMS), are used to monitor water leakages in process industries. The system comprises of a sensing device and an indicating device which is installed at the point of use. It can be either mounted on the roof or placed inside the tank depending upon its location and size.
The indicating devices consists of a number of components including indicator fluids, indicator paper or liquids, indicators themselves.
Active Leak Detection Systems:
Active leak detection systems are used in water leak detection systems to detect small leaks of water at a faster rate. These devices use the principle of vibration and pressure sensors mounted on pipes or containers. The system works on the basis that if there is any loss in pressure or vibration then an alarm will sound to indicate a possible leakage.
Application Insights:
The home application segment accounted for the largest share of over 60.0% in 2017. The growing awareness about continuous water supply at home is expected to remain a key factor driving the demand for leak detection systems at homes over the forecast period. In addition, increasing urbanization in developing countries including China and India is anticipated to further increase demand for these devices at homes during the forecast period.
Commercial places are estimated to be one of the fastest-growing application segments owing to rising construction activities across various industries globally, especially in emerging markets including China and India where there has been an upsurge in industrial production by around 10% annually since 1990s. This trend is expected to continue through 2018 with growth rates varying from 9% - 11%.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth of this region can be attributed to increasing urbanization and growing demand for clean water in countries, such as China, India, and Japan. In addition, rising investments in infrastructure development are also anticipated to drive the market growth over the forecast period.
The Asia Pacific was followed by North America owing to stringent government regulations regarding leakage detection systems implementation coupled with high installation costs associated with these systems in U.S., Canada, and Mexico.
Growth Factors:
- Increasing demand for water leak detection systems from various industrial sectors owing to the advantages offered by these systems such as early leak detection, prevention of water wastage, and reduction in maintenance costs.
- Proliferation of smart cities and the increasing adoption of IoT-based solutions for efficient management of resources is expected to drive the demand for water leak detection systems in the coming years.
- Growing concerns over water scarcity and its impact on environment are prompting governments and municipalities across the globe to invest in advanced water leakage detection systems that can help reduce wastage of this precious resource.
- Rapid expansion of infrastructure development projects, especially in developing countries, is creating a positive growth outlook for the global market for water leak detection systems over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Water Leak Detection Systems Market Research Report
By Type
Passive Leak Detection Systems, Active Leak Detection Systems
By Application
Home, Commercial Place, Water Supply Systems, Other
By Companies
Raychem(Tyco), Honeywell International, TTK Leak Detection, Water Alert(Dorlen Products), FloLogic, Pure Technologies, NEC Corporation, Mueller Water Products, Siemens Industry, LeakTronics
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
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.
Global Water Leak Detection Systems Market Report Segments:
The global Water Leak Detection Systems market is segmented on the basis of:
Types
Passive Leak Detection Systems, Active Leak Detection Systems
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
Home, Commercial Place, Water Supply Systems, 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:
- Raychem(Tyco)
- Honeywell International
- TTK Leak Detection
- Water Alert(Dorlen Products)
- FloLogic
- Pure Technologies
- NEC Corporation
- Mueller Water Products
- Siemens Industry
- LeakTronics
Highlights of The Water Leak Detection Systems 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:
- Passive Leak Detection Systems
- Active Leak Detection Systems
- By Application:
- Home
- Commercial Place
- Water Supply Systems
- 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 Water Leak Detection Systems 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?
Water leak detection systems are used to detect water leaks in buildings and other structures. These systems can be used to locate the source of the leak, as well as determine how much water is leaking and where it is leaking from.
Some of the major players in the water leak detection systems market are Raychem(Tyco), Honeywell International, TTK Leak Detection, Water Alert(Dorlen Products), FloLogic, Pure Technologies, NEC Corporation, Mueller Water Products, Siemens Industry, LeakTronics.
The water leak detection systems 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 Water Leak Detection Systems 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 Water Leak Detection Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Water Leak Detection Systems 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 Water Leak Detection Systems 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 Water Leak Detection Systems Market Size & Forecast, 2018-2028
4.5.1 Water Leak Detection Systems Market Size and Y-o-Y Growth
4.5.2 Water Leak Detection Systems Market Absolute $ Opportunity
Chapter 5 Global Water Leak Detection Systems 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 Water Leak Detection Systems Market Size Forecast by Type
5.2.1 Passive Leak Detection Systems
5.2.2 Active Leak Detection Systems
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Water Leak Detection Systems 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 Water Leak Detection Systems Market Size Forecast by Applications
6.2.1 Home
6.2.2 Commercial Place
6.2.3 Water Supply Systems
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Water Leak Detection Systems 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 Water Leak Detection Systems 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 Water Leak Detection Systems Analysis and Forecast
9.1 Introduction
9.2 North America Water Leak Detection Systems 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 Water Leak Detection Systems Market Size Forecast by Type
9.6.1 Passive Leak Detection Systems
9.6.2 Active Leak Detection Systems
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 Water Leak Detection Systems Market Size Forecast by Applications
9.10.1 Home
9.10.2 Commercial Place
9.10.3 Water Supply Systems
9.10.4 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 Water Leak Detection Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Water Leak Detection Systems 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 Water Leak Detection Systems Market Size Forecast by Type
10.6.1 Passive Leak Detection Systems
10.6.2 Active Leak Detection Systems
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 Water Leak Detection Systems Market Size Forecast by Applications
10.10.1 Home
10.10.2 Commercial Place
10.10.3 Water Supply Systems
10.10.4 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 Water Leak Detection Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Water Leak Detection Systems 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 Water Leak Detection Systems Market Size Forecast by Type
11.6.1 Passive Leak Detection Systems
11.6.2 Active Leak Detection Systems
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 Water Leak Detection Systems Market Size Forecast by Applications
11.10.1 Home
11.10.2 Commercial Place
11.10.3 Water Supply Systems
11.10.4 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 Water Leak Detection Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Water Leak Detection Systems 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 Water Leak Detection Systems Market Size Forecast by Type
12.6.1 Passive Leak Detection Systems
12.6.2 Active Leak Detection Systems
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 Water Leak Detection Systems Market Size Forecast by Applications
12.10.1 Home
12.10.2 Commercial Place
12.10.3 Water Supply Systems
12.10.4 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) Water Leak Detection Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Water Leak Detection Systems 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) Water Leak Detection Systems Market Size Forecast by Type
13.6.1 Passive Leak Detection Systems
13.6.2 Active Leak Detection Systems
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) Water Leak Detection Systems Market Size Forecast by Applications
13.10.1 Home
13.10.2 Commercial Place
13.10.3 Water Supply Systems
13.10.4 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 Water Leak Detection Systems Market: Competitive Dashboard
14.2 Global Water Leak Detection Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Raychem(Tyco)
14.3.2 Honeywell International
14.3.3 TTK Leak Detection
14.3.4 Water Alert(Dorlen Products)
14.3.5 FloLogic
14.3.6 Pure Technologies
14.3.7 NEC Corporation
14.3.8 Mueller Water Products
14.3.9 Siemens Industry
14.3.10 LeakTronics
