Water Pipeline Leak Detection Systems Market, Company Profile, Key Trend Analysis & Forecast, 2020–2026

According to the current analysis of Reports and Data, the global Water Pipeline Leak Detection Systems market was valued at USD 920 Million in 2018 and expected to reach USD 1300.23 Million by the year 2026, at a CAGR of 5.06%. The drinking water scarcity problem exists almost all over these days. The reasons behind it are the unavailability of resources and the lack in the proper management of the accessible water supply system by the concerned organizations. Also, a significant amount of water lost due to leakage on the network. For example, in the context of Nepal, roughly 40 % of drinking water is lost due to leakage, indicating a weak distribution system in Kathmandu. Proper management of available water supply with an automated monitoring system is therefore highly desirable to address the crux of the drinking scarcity problem. Recently, information and communication technology (ICT) has gained interest in the field of drinking water management also for automated monitoring. Among various techniques to detect the underground leaks, acoustic sensing equipment are simple and sensitive enough to record the stress waves created by leakage in high-pressure pipes. There are various techniques for localizing leaks. These machines can include pinpoint listening devices directly on the base. Once a leak happens in a pipe, liquid runs outside through the hole creating a pressure wave with frequency in the audio range. The energy produced from the leak transmitted within the pipe through the water, which in turn makes mechanical vibration on the surface of the pipes. An underground acoustic sensor attached to the outer surface of the pipe can be used to pick up these vibrations. Correlating devices like pickup accelerometers listen to two different points to detect the leak location. An underground acoustic sensor attached to the outer surface of the pipeline can be used to pick up these vibrations.

The research study comprises of vital information focusing on major market trends and estimated revenue growth rate. Additionally, the report highlights the market competition including the portfolios and strategic alliances and endeavors of the key competitors. It focuses on the mergers and acquisitions, joint ventures, partnerships, collaborations, product launches, brand promotions, and agreements, among others. The report also offers key insights about top companies in the market along with their company overview, business expansion plans, financial standing, production and manufacturing capacity, and global position.

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The report provides comprehensive details about the market with respect to overall revenue, sales and consumption, pricing trends, gross margins, growth rate, and market size. The report also provides an extensive analysis of key regions where the market has established its presence. The report covers major geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. A country-wise analysis is also included to offer better insights into regional spread of the Water Pipeline Leak Detection Systems Market

Equipment (Revenue, USD Million; 2016–2026)

Acoustic

Non-Acoustic

Technology (Revenue, USD Million; 2016–2026)

Ultrasonic

Smart ball,

Magnetic Flux

Fiber Optic

Others

Pipe Type (Revenue, USD Million; 2016–2026)   

Metallic Pipes

Ductile Iron Pipes

Stainless Steel Pipes

Aluminum Pipes

Other Metal Pipes

Non-Metallic Pipes

Plastic Pipes

Glass Pipes

Others

Solution (Revenue, USD Million; 2016–2026)      

Leak Detection

Pipeline Break Detection

Others

End-Use (Revenue, USD Million; 2016–2026)     

Industrial

Residential

Commercial

Muncipal

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Further key findings from the report suggest:

Sewer and water leakages in underground pipes have become a critical issue for management authorities in most countries—developed and developing alike worldwide. Leakages in sewer and water pipe may lead to several problems, such as a shortage of drinking water, groundwater contamination, and ground subsidence. Numerous nations are investing a considerable amount of their annual budget towards the prevention and control of the probable effects of sewer and pipe leakage. These issues further exacerbate infrastructure and environmental conditions that support human socioeconomic activities

Based on the Pipe type, the metallic pipe segment expected to grow at a higher rate during the projected time, as it is the primary material used for the construction of pipes.  Metallic pipes mostly favored over other pipe types due to their high durability and strength, regardless of the liquids that they bring. This growth can be attached to its high pressure-carrying strength for any material transporting through metallic pipes.

By solution, the leak detection application segment is projected to grow at the highest CAGR from 2019 to 2024. This growth can be attributed to the increasing investments from oil & gas companies in pipe monitoring infrastructures for safe transportation of liquids. Pipe leakage detection systems help in detecting damages across pipeline infrastructures. These systems detect leaks based on flow, pressure, temperature, and density.

The pipeline leak detection systems market determined by new pipeline projects rising spending of transmission & treatment companies on maintenance, residential & non-residential buildings, rapid construction of population growth & urbanization, increasing demand from numerous actions in industries, growing environmental concerns, and role of the government in authorizing the usage of leak detection measures to avoid liquid loss.

North America accounted for the largest share of the total market of the pipe monitoring system, in terms of value, followed by the Asia Pacific. However, the Asia Pacific region projected to grow at the highest rate than Europe in the pipe monitoring systems market.

Key participants include Orbcomm Inc., Transcanada, Honeywell International Inc, Pure Technologies, Atmos International, Aqua Leak Detection LLC, Mueller Water Products Inc, Schneider Electric, Siemens AG, Huawei Technologies Co. Ltd.

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