Dublin, Dec. 22, 2022 (GLOBE NEWSWIRE) — The “Water Leak Testers Market – Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027 Segmented by Product Type (Fixed Leak Detectors, Detectors Portable Exhaust), By Location, By Offers, By Equipment, By End Use, By Region” has been added to the report ResearchAndMarkets.com’s offering.
The global water leak tester market is expected to grow at a steady CAGR during the forecast period, 2023-2027. An electrical instrument called a water leak detector is used to detect water leaks. Water leak detectors are placed as safety devices in residences, workplaces and commercial buildings to detect leaks and alert people in the event of an emergency.
Water Leak Tester Market Growth
The major factors driving the growth of the global water leak testers market are the rising population, water restrictions, and increasing demand for water. The market for water leak testers is expanding due to the requirement to minimize water wastage levels by identifying inefficiencies in water supply systems using a variety of devices, including water detectors, water sensors, and water leak alarms. The global water leakage tester market is expected to be driven by the need to minimize water waste levels in homes, communities, municipalities and commercial buildings.
A water leak inside a home can be identified by a suspiciously high water bill and water meter reading. If there is mold or mildew on walls other than shower walls, this can also be the case. Water leaks can be detected by looking for drooping walls, floors or ceilings that are also discolored or damaged. The market is expected to witness lucrative growth prospects during the forecast period due to the efforts being made by many firms to enhance their research and development initiatives to assess more applications of water leak detectors.
Opportunities & Techniques in Water Leak Testers
These sensors are internet-connected devices that are often combined with GPS and GIS (Geographic Information System) chips to identify and notify end users of any water leaks or other damage. The increase in production and incorporation of Internet of Things (IoT) in smart homes is expected to bring plenty of opportunities for manufacturers in the forecast year.
Operators can reduce water loss and consequently reduce water use by using smart water meter technology to detect pipeline leaks. The need for smart sensors to minimize water leakage and manage water usage is likely to drive the growth of the smart water leak sensor market during the forecast period.
One of the most significant issues facing the entire planet is water stress. The need for water is increasing daily. Water is becoming scarcer. In 2022, about 160 million children will experience severe and prolonged droughts, and more than 2.3 billion people will experience water stress. In 20 years, the frequency and duration of severe water shortages will increase worldwide, and it is predicted that 700 million people will have to leave their homes to find potable water. Due to this, increasing demand for water is expected to increase the demand for smart water leak detectors.
The Challenges Facing the Water Leak Tester Industry
Inline sewer and drain issues can be identified using video camera technology. This often involves inserting an infrared camera into a cleaning pipe, roof vent, or toilet drain. It can find specific locations of breaks, worn lines, obstacles, and more. They can find a small issue with a video camera pipe inspection so it can be fixed before sewer repair services are needed. Due to increased use of pipeline for transportation; Leak detection is a major safety concern.
Market Segment
The global water leak testers market is segmented based on product type, location, offerings, equipment and end use. Based on product type, the market is segmented into fixed leak detectors, portable leak detectors.
During the forecast period, the North American area is expected to experience significant growth. Between 30% and 50% of water in North America is lost due to leaks in the water delivery system. As utilities find it difficult to sustain their growing population under water shortages, this is a major concern. Because of this, the government has implemented a leak tester for water supply systems in households and businesses to stop leaks and use resources efficiently.
Report Scope:
Water Leak Testers Market, By Product Type:
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Fixed Leak Detectors,
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Portable Leak Detectors
Water Leak Testers Market, By Location:
Water Leak Testers Market, By Offers:
Water Leak Testers Market, By Equipment:
Water Leak Testers Market, By End Use:
Water Leak Testers Market, By Region:
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North America
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United States
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Mexico
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Asia-Pacific
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India
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Japan
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South Korea
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Australia
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Singapore
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Malaysia
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Europe
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Germany
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United Kingdom
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France
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Italy
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Spain
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Poland
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Denmark
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South America
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Brazil
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Argentina
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Colombia
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Peru
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Chile
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The Middle East
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Saudi Arabia
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South Africa
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UAE
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Iraq
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turkey
Main Topics Covered:
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on the Global Water Leak Testers Market
4. Functional Summary
5. Voice of the Customers
6. Global Water Leak Tester Market Outlook
7. North America Water Leak Tester Market Outlook
8. Asia-Pacific Water Leak Tester Market Outlook
9. Europe Water Leak Tester Market Outlook
10. South America Water Leak Tester Market Outlook
11. Middle East & Africa Water Leak Tester Market Outlook
12. Market Dynamics
13. Market Trends & Developments
14. Company Profiles
15. Strategic Recommendations
16. About the Publisher & Disclaimer
Mentioned Companies
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Perma-Pipe International Holdings, Inc.
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Pure Technologies Ltd
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Atmos International
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TTK- Leak Detection System
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Aqua Leak Detection LLC
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Mueller Water Products, Inc.
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NEC Corporation
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ABB
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Siemens
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Schneider Electric
For more information about this report visit https://www.researchandmarkets.com/r/klg3gp
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