Market Overview:
The global leak test instrument market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for leak test instruments from various industries such as automotive, medical, HVAC/R, laboratories and energy. In addition, the growing awareness about safety and quality standards is also driving the demand for leak test instruments globally. On the basis of type, the global leak test instrument market can be segmented into portable leak test instruments, compact leak test instruments and stationary leak test instruments. Of these segments, portable leakage testing devices are expected to witness highest growth during the forecast period owing to their ability to detect even minute leaks quickly and easily. On account of their small size and low weight they are easy-to-use in tight spaces or on moving parts making them ideal for use in industrial applications where portability is essential. Based on application, industrial sector accounts for majority share of global leakage testing devices market followed by automotive sector . However , medical sector is projected t o witness highest CAGR over th e forecast period due t o increasing incidences of product recalls an d stringent regulatory compliances related t o quality an d safety aspects .
Product Definition:
A leak test instrument is a device used to detect.
Portable Leak Test Instrument:
The portable leak test instrument market is expected to grow at a CAGR of XX% from 2016 to 2024. The growth can be attributed to the growing demand for these instruments in various application areas such as oil & gas, power generation, and petrochemical industries. In addition, increasing government regulations pertaining to hydrocarbon emissions is further anticipated to drive the market growth over the forecast period.
Compact Leak Test Instrument:
The compact leak test instrument is used to perform a leak-tightness test on the components of hydraulic systems, pneumatic systems and other fluid-based systems. It is also applicable for air conditioning compressor, refrigerant system and others which use compressed fluids. The compact leak test instrument consists of pressure tap, vacuum source & gauge and sample container.
Application Insights:
The industrial segment dominated the global market in terms of revenue in 2017. The growth can be attributed to the rising demand for leak test instruments from various industries including oil & gas, chemical, petrochemical, power generation and aerospace. Leakage detection is an important procedure during manufacturing as well as maintenance of machinery and equipment. It helps detect any leakageages or slowdowns caused due to a lack of lubrication which may eventually lead to breakdowns or failures of the equipment involved.
In addition, these devices help prevent future leaks by continuously monitoring fluid levels within hydraulic systems thereby ensuring optimum performance at all times.
Regional Analysis:
Asia Pacific region is expected to witness the highest CAGR of XX% over the forecast period, owing to increasing government initiatives and stringent regulations in emerging economies such as China and India. For instance, in April 2017, The Chinese Government announced a National Plan on Climate Change which includes measures for reducing carbon emissions by 2030. This plan is expected to drive demand for leak testing instruments across various industries such as energy & power, industrial manufacturing & processes etc., thereby driving regional market growth over the forecast period.
Europe was estimated at USD X million in 2016 and is anticipated to grow at a significant rate during the forecast years due to high demand from end-use industries such as automotive manufacturing facilities of Germany and France; laboratories; HVAC/R units of residential buildings; oil & gas industry etc.
Growth Factors:
- Increasing demand for leak test instruments from automotive and aerospace industries due to the stringent quality control norms.
- Growing popularity of automated leak test systems that offer high throughput and accuracy.
- Proliferation of micro-leakage testing in medical device industry to detect tiny leaks in products such as pacemakers, implantable cardioverter defibrillators, and insulin pumps.
- Rising demand for gas chromatography (GC) based leak detection systems owing to their ability to detect minute leaks in a short time span.
Scope Of The Report
Report Attributes
Report Details
Report Title
Leak Test Instrument Market Research Report
By Type
Portable Leak Test Instrument, Compact Leak Test Instrument, Stationary Leak Test Instrument
By Application
Industrial, Automotive, Medical, HVAC/R, Laboratories, Energy
By Companies
ATEQ, INFICON, Cosmo Instruments, VIC Leak Detection, Uson, Hermann Sewerin, TASI, InterTech, AFRISO, Pfeiffer Vacuum, Bacharach, Tecna srl, CETA, Changzhou Changce, Kane International, Rothenberger, HAIRUISI
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Leak Test Instrument Market Report Segments:
The global Leak Test Instrument market is segmented on the basis of:
Types
Portable Leak Test Instrument, Compact Leak Test Instrument, Stationary Leak Test Instrument
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
Industrial, Automotive, Medical, HVAC/R, Laboratories, Energy
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:
- ATEQ
- INFICON
- Cosmo Instruments
- VIC Leak Detection
- Uson
- Hermann Sewerin
- TASI
- InterTech
- AFRISO
- Pfeiffer Vacuum
- Bacharach
- Tecna srl
- CETA
- Changzhou Changce
- Kane International
- Rothenberger
- HAIRUISI
Highlights of The Leak Test Instrument 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:
- Portable Leak Test Instrument
- Compact Leak Test Instrument
- Stationary Leak Test Instrument
- By Application:
- Industrial
- Automotive
- Medical
- HVAC/R
- Laboratories
- Energy
- 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 Instrument 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
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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?
Leak Test Instrument is a device used to measure the amount of water or other fluid leakage from a system.
Some of the key players operating in the leak test instrument market are ATEQ, INFICON, Cosmo Instruments, VIC Leak Detection, Uson, Hermann Sewerin, TASI, InterTech, AFRISO, Pfeiffer Vacuum, Bacharach, Tecna srl, CETA, Changzhou Changce, Kane International, Rothenberger, HAIRUISI.
The leak test instrument 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 Instrument 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 Instrument 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 Instrument Market - Supply Chain
4.5. Global Leak Test Instrument Market Forecast
4.5.1. Leak Test Instrument Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Leak Test Instrument Market Size (000 Units) and Y-o-Y Growth
4.5.3. Leak Test Instrument Market Absolute $ Opportunity
5. Global Leak Test Instrument 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 Instrument Market Size and Volume Forecast by Type
5.3.1. Portable Leak Test Instrument
5.3.2. Compact Leak Test Instrument
5.3.3. Stationary Leak Test Instrument
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Leak Test Instrument 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 Instrument Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Automotive
6.3.3. Medical
6.3.4. HVAC/R
6.3.5. Laboratories
6.3.6. Energy
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Leak Test Instrument 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 Instrument 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 Instrument 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 Instrument 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 Instrument Demand Share Forecast, 2019-2026
9. North America Leak Test Instrument 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 Instrument 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 Instrument Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Automotive
9.4.3. Medical
9.4.4. HVAC/R
9.4.5. Laboratories
9.4.6. Energy
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Leak Test Instrument Market Size and Volume Forecast by Type
9.7.1. Portable Leak Test Instrument
9.7.2. Compact Leak Test Instrument
9.7.3. Stationary Leak Test Instrument
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 Instrument Demand Share Forecast, 2019-2026
10. Latin America Leak Test Instrument 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 Instrument 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 Instrument Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Automotive
10.4.3. Medical
10.4.4. HVAC/R
10.4.5. Laboratories
10.4.6. Energy
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Leak Test Instrument Market Size and Volume Forecast by Type
10.7.1. Portable Leak Test Instrument
10.7.2. Compact Leak Test Instrument
10.7.3. Stationary Leak Test Instrument
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 Instrument Demand Share Forecast, 2019-2026
11. Europe Leak Test Instrument 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 Instrument 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 Instrument Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Automotive
11.4.3. Medical
11.4.4. HVAC/R
11.4.5. Laboratories
11.4.6. Energy
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Leak Test Instrument Market Size and Volume Forecast by Type
11.7.1. Portable Leak Test Instrument
11.7.2. Compact Leak Test Instrument
11.7.3. Stationary Leak Test Instrument
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections 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 Instrument Demand Share, 2019-2026
12. Asia Pacific Leak Test Instrument 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 Instrument 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 Instrument Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Automotive
12.4.3. Medical
12.4.4. HVAC/R
12.4.5. Laboratories
12.4.6. Energy
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Leak Test Instrument Market Size and Volume Forecast by Type
12.7.1. Portable Leak Test Instrument
12.7.2. Compact Leak Test Instrument
12.7.3. Stationary Leak Test Instrument
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 Instrument Demand Share, 2019-2026
13. Middle East & Africa Leak Test Instrument 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 Instrument 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 Instrument Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Automotive
13.4.3. Medical
13.4.4. HVAC/R
13.4.5. Laboratories
13.4.6. Energy
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 Instrument Market Size and Volume Forecast by Type
13.7.1. Portable Leak Test Instrument
13.7.2. Compact Leak Test Instrument
13.7.3. Stationary Leak Test Instrument
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 Instrument Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Leak Test Instrument Market: Market Share Analysis
14.2. Leak Test Instrument Distributors and Customers
14.3. Leak Test Instrument Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ATEQ
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. INFICON
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cosmo Instruments
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. VIC Leak Detection
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Uson
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hermann Sewerin
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. TASI
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. InterTech
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. AFRISO
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Pfeiffer Vacuum
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Bacharach
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Tecna srl
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. CETA
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Changzhou Changce
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Kane International
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Rothenberger
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. HAIRUISI
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
