Market Overview:
The Global Leak Test Apparatus 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 leak test apparatuses in various industries such as chemical, food, and pharmaceutical industries. In addition, the growing awareness about product safety and quality is also propelling the demand for leak test apparatuses globally. Based on type, the global leak test apparatus market can be segmented into semi-automatic and automatic types. The automatic type is expected to witness higher growth during the forecast period owing to its advantages such as high accuracy and speed of testing. Based on application, the market can be segmented into chemical industry, food industry, pharmaceutical industry, and others (including automotive & aerospace).
Product Definition:
Leak Test Apparatus is a device used to check for the presence of leaks in a closed system. It is important for ensuring that systems are properly sealed and do not allow the escape of any fluid or gas.
Semi Automatic:
Semi-automatic test systems are used for testing the strength of liquids & gases in leak detection. These systems are also known as pressure testers or manometer system. It is a non-intrusive method to measure the pressure of gas and liquid under controlled environment, without creating any hazardous conditions unlike other invasive methods such as needle valve testing which involves puncturing the skin.
Automatic:
Automatic is a device or mechanism that performs a task without human intervention. In the technical field, it means performing an operation automatically without any user involvement. The most common usage of automatic is in cars where it can be used for starting the car by just pressing a button and also to stop the car by pressing another button. It saves time and effort in doing so many tasks which are usually done manually.
Application Insights:
The chemical industry was the largest application segment in 2016 and is expected to witness a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for leak testing equipment by major chemical companies for their plants, refineries, pipelines & terminals as well as chemicals ships & tankers worldwide.
The food industry was the second-largest application segment in 2016 and accounted for 20.5% of the total revenue share that year owing to increased use of these devices during production process such as fermentation tanks, cooling water pipes etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for nearly 60% of the world population, which makes it a key consumer market. It is also one of the most lucrative markets for multinational chemical companies due to low raw material costs and labor costs as compared to developed countries in Europe and North America.
The presence of emerging economies such as China, India, Indonesia, Malaysia has resulted in an increase leakage detection activities across industries within Asia Pacific region owing to growing concerns regarding environmental pollution caused by industrial waste products such as hydrocarbon gases (HCG) & hydrogen sulfide (H2S). However Middle East & Africa is projected to be a promising regional market with increasing oil production across countries including Saudi Arabia; Kuwait; UAE; Iran etc., leak testing are becoming mandatory requirement from regulatory authorities including OSHA, PHSAC etc.
Growth Factors:
- Increasing demand from the automotive and aerospace industries for leak test apparatus to detect and prevent fluid leakage
- Growing popularity of online shopping leading to an increase in the number of package deliveries, which in turn is expected to boost demand for leak test apparatus
- Rising demand from end-use industries such as medical devices, pharmaceuticals, and food & beverage for reliable leak testing solutions
- Technological advancements that have led to the development of new and more efficient leak test apparatuses
- The increasing number of regulatory mandates mandating the use of leak detection equipment in various industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Leak Test Apparatus Market Research Report
By Type
Semi Automatic, Automatic
By Application
Chemical Industry, Food Industry, Pharmaceutical Industry, Others
By Companies
Pharma Test, Jicon Industries, Electrolab, Labline Equipment, ESICO INTERNATIONAL, Yatherm Scientific
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Leak Test Apparatus Market Report Segments:
The global Leak Test Apparatus market is segmented on the basis of:
Types
Semi Automatic, Automatic
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, Food Industry, Pharmaceutical Industry, 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:
- Pharma Test
- Jicon Industries
- Electrolab
- Labline Equipment
- ESICO INTERNATIONAL
- Yatherm Scientific
Highlights of The Leak Test Apparatus 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:
- Semi Automatic
- Automatic
- By Application:
- Chemical Industry
- Food Industry
- Pharmaceutical Industry
- 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 Leak Test Apparatus 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
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- Product & Brand Management
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- 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?
Leak Test Apparatus is a device used to measure the amount of water or other fluid that has leaked from a system.
Some of the major companies in the leak test apparatus market are Pharma Test, Jicon Industries, Electrolab, Labline Equipment, ESICO INTERNATIONAL, Yatherm Scientific.
The leak test apparatus market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Leak Test Apparatus Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Leak Test Apparatus Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Leak Test Apparatus Market - Supply Chain
4.5. Global Leak Test Apparatus Market Forecast
4.5.1. Leak Test Apparatus Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Leak Test Apparatus Market Size (000 Units) and Y-o-Y Growth
4.5.3. Leak Test Apparatus Market Absolute $ Opportunity
5. Global Leak Test Apparatus Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Leak Test Apparatus Market Size and Volume Forecast by Type
5.3.1. Semi Automatic
5.3.2. Automatic
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Leak Test Apparatus Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Leak Test Apparatus Market Size and Volume Forecast by Application
6.3.1. Chemical Industry
6.3.2. Food Industry
6.3.3. Pharmaceutical Industry
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Leak Test Apparatus Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Leak Test Apparatus Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Leak Test Apparatus Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Leak Test Apparatus Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Leak Test Apparatus Demand Share Forecast, 2019-2029
9. North America Leak Test Apparatus Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Leak Test Apparatus Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Leak Test Apparatus Market Size and Volume Forecast by Application
9.4.1. Chemical Industry
9.4.2. Food Industry
9.4.3. Pharmaceutical Industry
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Leak Test Apparatus Market Size and Volume Forecast by Type
9.7.1. Semi Automatic
9.7.2. Automatic
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Leak Test Apparatus Demand Share Forecast, 2019-2029
10. Latin America Leak Test Apparatus Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Leak Test Apparatus Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Leak Test Apparatus Market Size and Volume Forecast by Application
10.4.1. Chemical Industry
10.4.2. Food Industry
10.4.3. Pharmaceutical Industry
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Leak Test Apparatus Market Size and Volume Forecast by Type
10.7.1. Semi Automatic
10.7.2. Automatic
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Leak Test Apparatus Demand Share Forecast, 2019-2029
11. Europe Leak Test Apparatus Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Leak Test Apparatus Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Leak Test Apparatus Market Size and Volume Forecast by Application
11.4.1. Chemical Industry
11.4.2. Food Industry
11.4.3. Pharmaceutical Industry
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Leak Test Apparatus Market Size and Volume Forecast by Type
11.7.1. Semi Automatic
11.7.2. Automatic
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projectins by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Leak Test Apparatus Demand Share, 2019-2029
12. Asia Pacific Leak Test Apparatus Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Leak Test Apparatus Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Leak Test Apparatus Market Size and Volume Forecast by Application
12.4.1. Chemical Industry
12.4.2. Food Industry
12.4.3. Pharmaceutical Industry
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Leak Test Apparatus Market Size and Volume Forecast by Type
12.7.1. Semi Automatic
12.7.2. Automatic
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Leak Test Apparatus Demand Share, 2019-2029
13. Middle East & Africa Leak Test Apparatus Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Leak Test Apparatus Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Leak Test Apparatus Market Size and Volume Forecast by Application
13.4.1. Chemical Industry
13.4.2. Food Industry
13.4.3. Pharmaceutical Industry
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Leak Test Apparatus Market Size and Volume Forecast by Type
13.7.1. Semi Automatic
13.7.2. Automatic
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Leak Test Apparatus Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Leak Test Apparatus Market: Market Share Analysis
14.2. Leak Test Apparatus Distributors and Customers
14.3. Leak Test Apparatus Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Pharma Test
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Jicon Industries
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Electrolab
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Labline Equipment
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ESICO INTERNATIONAL
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Yatherm Scientific
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
