Market Overview:
The global water leak sensing cable market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for water leak detection systems in commercial and residential applications. In terms of type, the 10-15 feet segment is expected to hold the largest share of the market during the forecast period, followed by 15-20 feet and 20-25 feet segments. The above 25 feet segment is projected to grow at a higher CAGR than other segments during the forecast period. In terms of application, commercial use is expected to hold a larger share of the market than residential use duringthe forecast period.
Product Definition:
A water leak sensing cable is a device used to detect the presence of water. It is usually placed in areas where there is a high risk of water leakage, such as in the basement or under the kitchen sink. The importance of using a water leak sensing cable is that it can help prevent damage to your home caused by leaks.
10 – 15 feet:
The 10-15 feet water leak sensing cable is used to detect small water leakageages in building structures. It's working principle is based on the pressure change that occurs when there is a decrease in the level of liquid around it. The cable consists of an alloy of nickel and copper wire, which are spiraled into a flexible tube.
15 – 20 feet:
15-20 feet is the range of water leakage detection cable. It is widely used in commercial and residential areas for detecting underground water leakages. The sensing cables are made up of PVC (Polyvinyl Chloride) or PEX (Polyethylene Xylene) wires that have an embedded copper wire, which acts as an electrical conductor when it comes in contact with moisture present around underground pipes.
Application Insights:
The commercial use segment held the largest market share of more than 60% in 2017. The growth can be attributed to the growing construction and infrastructure sector across the globe. The residential use is expected to witness a significant CAGR of XX% from 2018 to 2030 owing to increasing urbanization, which will eventually lead to an increase in demand for water leak sensing cable among consumers.
The Asia Pacific region is projected register a high CAGR during the forecast period on account of rapid industrialization and urbanization in countries such as China, India and Japan. In addition, favorable government policies related towards housing & building structures are anticipated drive industry growth over the coming years.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of revenue owing to high product demand from residential as well as commercial applications. Water leak detection systems are highly recommended by regulatory bodies such as Building Standards Code Australia (BASC) and American National Standards Institute (ANSI) for new constructions or renovations of old buildings, which will drive the market further.
Europe held a significant share in 2017 due to growing awareness about building energy consumption, coupled with stringent government regulations regarding energy conservation. According to Energy Performance Of Buildings Directive (EPBD), all newly constructed buildings must have an emergency water supply system that can provide at least 24 hours uninterrupted supply during peak demand period along with other essential services like sanitary ware washing and toilet flushing etc., which will boost product demand over next eight years.
Growth Factors:
- Increasing demand for water leak detection and prevention systems in commercial and residential buildings
- Growing awareness about the benefits of water leak detection systems among consumers
- Proliferation of smart home technologies that support water leak detection
- Rising concerns about wastage of potable water and its impact on the environment
- Development of innovative technologies for detecting leaks in concealed areas
Scope Of The Report
Report Attributes
Report Details
Report Title
Water Leak Sensing Cable Market Research Report
By Type
10 – 15 feet, 15 – 20 feet, 20 – 25 feet, Above 25 feet
By Application
Commercial Use, Residential Use
By Companies
TTK - Leak Detection System, CMR Electrical, Dorlen Products, RLE Technologies, Honeywell, Pentair, Aquilar, Yash Global Electronics Security Solution, Leaksense, Vutlan, Flo Technologies
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
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Water Leak Sensing Cable Market Report Segments:
The global Water Leak Sensing Cable market is segmented on the basis of:
Types
10 – 15 feet, 15 – 20 feet, 20 – 25 feet, Above 25 feet
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
Commercial Use, Residential Use
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:
- TTK - Leak Detection System
- CMR Electrical
- Dorlen Products
- RLE Technologies
- Honeywell
- Pentair
- Aquilar
- Yash Global Electronics Security Solution
- Leaksense
- Vutlan
- Flo Technologies
Highlights of The Water Leak Sensing Cable 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:
- 10 – 15 feet
- 15 – 20 feet
- 20 – 25 feet
- Above 25 feet
- By Application:
- Commercial Use
- Residential Use
- 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 Sensing Cable 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?
Water leak sensing cable is a type of electrical cable that detects water leaks in buildings. The cable is inserted into the building's plumbing system and monitors for any changes in water pressure or flow. If there is a leak, the cable will activate an alarm to notify people nearby.
Some of the major companies in the water leak sensing cable market are TTK - Leak Detection System, CMR Electrical, Dorlen Products, RLE Technologies, Honeywell, Pentair, Aquilar, Yash Global Electronics Security Solution, Leaksense, Vutlan, Flo Technologies.
The water leak sensing cable 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 Sensing Cable 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 Sensing Cable Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Water Leak Sensing Cable 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 Sensing Cable 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 Sensing Cable Market Size & Forecast, 2020-2028 4.5.1 Water Leak Sensing Cable Market Size and Y-o-Y Growth 4.5.2 Water Leak Sensing Cable 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 10 – 15 feet
5.2.2 15 – 20 feet
5.2.3 20 – 25 feet
5.2.4 Above 25 feet
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 Commercial Use
6.2.2 Residential Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Water Leak Sensing Cable 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 Sensing Cable 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 10 – 15 feet
9.6.2 15 – 20 feet
9.6.3 20 – 25 feet
9.6.4 Above 25 feet
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 Commercial Use
9.10.2 Residential Use
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 10 – 15 feet
10.6.2 15 – 20 feet
10.6.3 20 – 25 feet
10.6.4 Above 25 feet
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 Commercial Use
10.10.2 Residential Use
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 10 – 15 feet
11.6.2 15 – 20 feet
11.6.3 20 – 25 feet
11.6.4 Above 25 feet
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 Commercial Use
11.10.2 Residential Use
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 10 – 15 feet
12.6.2 15 – 20 feet
12.6.3 20 – 25 feet
12.6.4 Above 25 feet
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 Commercial Use
12.10.2 Residential Use
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 10 – 15 feet
13.6.2 15 – 20 feet
13.6.3 20 – 25 feet
13.6.4 Above 25 feet
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 Commercial Use
13.10.2 Residential Use
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 Sensing Cable Market: Competitive Dashboard
14.2 Global Water Leak Sensing Cable Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TTK - Leak Detection System
14.3.2 CMR Electrical
14.3.3 Dorlen Products
14.3.4 RLE Technologies
14.3.5 Honeywell
14.3.6 Pentair
14.3.7 Aquilar
14.3.8 Yash Global Electronics Security Solution
14.3.9 Leaksense
14.3.10 Vutlan
14.3.11 Flo Technologies