Market Overview:
The global leaking test equipment 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 testing in various industries such as automotive, medical, HVAC/R, and energy. In addition, the growing awareness about safety and environment protection is also driving the demand for leak testing equipment globally. The global leaking test equipment market can be segmented on the basis of type into portable leak testers, compact leak testers, and stationary leak testers. The portable Leak Testers segment is expected to grow at a higher CAGR during the forecast period from 2018 to 2030 owing to its features such as easy portability and low cost of ownership. On the basis of application, the global leaking test equipment market can be divided into automotive industry, medical industry, HVAC/R industry (Heating Ventilation Air Conditioning & Refrigeration), and energy sector.
Product Definition:
Leaking Test Equipment is a type of equipment that is used to detect and measure the amount of fluid or gas that is escaping from a particular system or container. This type of equipment can be very important for ensuring the safety and security of a facility, as well as preventing any environmental damage.
Portable Leak Tester:
The portable leak tester is a device used to detect the presence of water or other liquids in various types of equipment. It works on the principle of expansion and contraction as liquid seeks its own level, therefore it is also known as level detector. The portable leak testers are available in two forms which include hand-held and table top versions.
Compact Leak Tester:
A compact leak tester is a device used to detect small leaks in various hydraulic systems including test tubes, cylinders, and drums. It works on the principle of hydrophobic coatings present around the orifices of the instrument which reacts with any liquid that comes in contact with it. The reactions give precise indications regarding or position and size of leakages.
Application Insights:
The automotive segment is expected to witness significant growth over the forecast period. Rising need for leak testing in various components of an automobile, such as engine, transmission system, brake system and fuel system is anticipated to drive the demand for these devices. Stationary leak testers are used on a daily basis by technicians across several industries including oil & gas and energy. The rising need to automate test routines in order to improve efficiency is projected to propel their demand over the coming years.
The HVAC/R application segment accounted for USD 536 million in 2017 owing to its increasing use across commercial buildings and industrial facilities where air conditioning or refrigeration systems are installed. Leak detection during installation or repair works of these systems requires specific type of equipment that can withstand high-pressure water jets hence accounting for a significant share within this market space.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for electronic products and components in countries such as China, India, Japan, and South Korea. In addition, rising government initiatives for testing of chemicals in water are anticipated to propel product demand across this region. For instance, Ministry of Environment & Forest (MoEF) has framed National Chemical Inventory (NCI) under which various tests on chemicals are being carried out nationwise since 2005. NCI is an annual exercise during which a sample of about 100 different chemical compounds is taken from each manufacturing sector including petrochemical complexes/refineries/petrochemical plants along with other sources such as wastewater treatment plant etc.
Growth Factors:
- Increasing demand for leak testing in various industries
- Growing awareness about the benefits of leak testing
- Technological advancements in leak detection equipment and methods
- Rising demand from emerging markets
- Growing popularity of automated leak testing systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Leaking Test Equipment Market Research Report
By Type
Portable Leak Tester, Compact Leak Tester, Stationary Leak Tester
By Application
Automotive, Medical, HVAC/R, Energy
By Companies
TASI, ATEQ, INFICON, VIC Leak Detection, Uson, Pfeiffer Vacuum, Cosmo Instruments, TASI, ATEQ, INFICON, VIC Leak Detection
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Leaking Test Equipment Market Report Segments:
The global Leaking Test Equipment market is segmented on the basis of:
Types
Portable Leak Tester, Compact Leak Tester, Stationary Leak Tester
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
Automotive, Medical, HVAC/R, 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:
- TASI
- ATEQ
- INFICON
- VIC Leak Detection
- Uson
- Pfeiffer Vacuum
- Cosmo Instruments
- TASI
- ATEQ
- INFICON
- VIC Leak Detection
Highlights of The Leaking Test Equipment 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 Tester
- Compact Leak Tester
- Stationary Leak Tester
- By Application:
- Automotive
- Medical
- HVAC/R
- 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 Leaking Test Equipment 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?
Leaking test equipment is a type of defective product that can result in environmental contamination. This occurs when the equipment leaks chemicals or other substances into the environment, which can cause serious health and environmental problems.
Some of the major companies in the leaking test equipment market are TASI, ATEQ, INFICON, VIC Leak Detection, Uson, Pfeiffer Vacuum, Cosmo Instruments, TASI, ATEQ, INFICON, VIC Leak Detection.
The leaking test equipment 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. Leaking Test Equipment 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. Leaking Test Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Leaking Test Equipment Market - Supply Chain
4.5. Global Leaking Test Equipment Market Forecast
4.5.1. Leaking Test Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Leaking Test Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Leaking Test Equipment Market Absolute $ Opportunity
5. Global Leaking Test Equipment 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. Leaking Test Equipment Market Size and Volume Forecast by Type
5.3.1. Portable Leak Tester
5.3.2. Compact Leak Tester
5.3.3. Stationary Leak Tester
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Leaking Test Equipment 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. Leaking Test Equipment Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Medical
6.3.3. HVAC/R
6.3.4. Energy
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Leaking Test Equipment 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. Leaking Test Equipment 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 Leaking Test Equipment 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. Leaking Test Equipment 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 Leaking Test Equipment Demand Share Forecast, 2019-2026
9. North America Leaking Test Equipment 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 Leaking Test Equipment 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 Leaking Test Equipment Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Medical
9.4.3. HVAC/R
9.4.4. Energy
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Leaking Test Equipment Market Size and Volume Forecast by Type
9.7.1. Portable Leak Tester
9.7.2. Compact Leak Tester
9.7.3. Stationary Leak Tester
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 Leaking Test Equipment Demand Share Forecast, 2019-2026
10. Latin America Leaking Test Equipment 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 Leaking Test Equipment 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 Leaking Test Equipment Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Medical
10.4.3. HVAC/R
10.4.4. Energy
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Leaking Test Equipment Market Size and Volume Forecast by Type
10.7.1. Portable Leak Tester
10.7.2. Compact Leak Tester
10.7.3. Stationary Leak Tester
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 Leaking Test Equipment Demand Share Forecast, 2019-2026
11. Europe Leaking Test Equipment 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 Leaking Test Equipment 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 Leaking Test Equipment Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Medical
11.4.3. HVAC/R
11.4.4. Energy
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Leaking Test Equipment Market Size and Volume Forecast by Type
11.7.1. Portable Leak Tester
11.7.2. Compact Leak Tester
11.7.3. Stationary Leak Tester
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 Leaking Test Equipment Demand Share, 2019-2026
12. Asia Pacific Leaking Test Equipment 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 Leaking Test Equipment 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 Leaking Test Equipment Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Medical
12.4.3. HVAC/R
12.4.4. Energy
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Leaking Test Equipment Market Size and Volume Forecast by Type
12.7.1. Portable Leak Tester
12.7.2. Compact Leak Tester
12.7.3. Stationary Leak Tester
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 Leaking Test Equipment Demand Share, 2019-2026
13. Middle East & Africa Leaking Test Equipment 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 Leaking Test Equipment 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 Leaking Test Equipment Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Medical
13.4.3. HVAC/R
13.4.4. Energy
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Leaking Test Equipment Market Size and Volume Forecast by Type
13.7.1. Portable Leak Tester
13.7.2. Compact Leak Tester
13.7.3. Stationary Leak Tester
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 Leaking Test Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Leaking Test Equipment Market: Market Share Analysis
14.2. Leaking Test Equipment Distributors and Customers
14.3. Leaking Test Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. TASI
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ATEQ
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. INFICON
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. Pfeiffer Vacuum
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cosmo Instruments
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. TASI
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ATEQ
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. INFICON
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. VIC Leak Detection
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
