Dublin, August 15, 2024 (GLOBE NEWSWIRE) — The report “Water Leakage Detector Systems – Global Strategic Business Report” has been added to The Offer.

The global Water Leak Detector Systems market was estimated to be valued at USD 4.9 billion in 2023 and is projected to reach USD 7.2 billion by 2030, growing at a CAGR of 5.8% between 2023 and 2030. This comprehensive report offers in-depth analysis of market trends, drivers, and forecasts to help you make informed business decisions.

The growth in the water leak detection systems market is driven by several factors. Increasing awareness of the potential damage and costs associated with water leaks is a major driver. The increasing adoption of smart home technologies and the growing trend of connected home devices are driving the demand for smart water leak detectors.

Technological advances in sensing, wireless communications and machine learning are improving the performance and reliability of these systems and driving their adoption. The expansion of the real estate and construction industry, especially in urban areas, is increasing the demand for water leak detection systems in new buildings.

In addition, regulatory trends and insurance incentives that encourage the installation of water leak detectors are contributing to the market growth. Finally, the increasing focus on water conservation and sustainability is encouraging the use of these systems to prevent water wastage, thus creating new opportunities in the market.

Key findings:

• Market Growth: Understand the significant growth curve of the Active Leak Detection Systems segment, which is expected to reach $5.2 billion by 2030, at a CAGR of 5.9%. The Passive Leak Detection Systems segment is also expected to grow at a CAGR of 5.5% during the analysis period.
• Regional Analysis: Gain insights into the US market, estimated to reach $1.9 billion in 2023, and China, which is forecast to grow at an impressive CAGR of 9.6% per year to reach $723.1 million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and Asia Pacific.

Reporting features:

• Comprehensive market data: Independent analysis of annual sales and market forecasts in millions of US dollars from 2023 to 2030.
• Detailed Regional Analysis: Detailed insights into key markets including the US, China, Japan, Canada, Europe, Asia Pacific, Latin America, Middle East and Africa.
• Company Profiles: Coverage of major players such as 3M Company, ABB Ltd., Aqualeak Detection Ltd. and more.
• Free Updates: Get free report updates for one year to stay informed of the latest market developments.

Main features:

MARKET OVERVIEW

• Competitive scenario
• Water Leak Detector Systems – Percentage Market Share of Major Competitors Worldwide in 2024 (E)
• Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
• Water: The essence of life
• Global Water Resources: An Introduction
• Global water resources: Percentage breakdown by water quality
• Global water consumption by end-use sectors (in %)
• Global freshwater resources: Percentage breakdown by freshwater source
• Internal water resources per capita by country – USA, France, China, Germany, India, Netherlands and Saudi Arabia (in cubic meters) Region Water per capita (in cubic meters)
• Global groundwater resources by region (in cubic kilometers)
• Leak Detection System: An Introduction
• Causes of water leaks
• Intelligent leak detection systems
• Detecting water leaks through flow and pressure monitoring
• Water leak detection devices
• Halcyon Days Ahead with Dynamic Drivers for Water Leak Detection Equipment: Global Market Outlook and Outlook
• Active water leak detection systems have a large share
• Regional market analysis
• Recent market activity
• Global economic update

MARKET TRENDS & DRIVERS

• Increasing water scarcity worldwide is driving demand for water leak detection systems
• Increasing water pollution is leading to severe freshwater shortages and driving demand for water leak detection systems
• Technological advances drive market growth
• Algorithms and mathematical modelling for leak detection
• Hydrophones and household measuring devices for leak detection
• Centralized data management
• AI proves to be a groundbreaking technology for detecting water leaks
• Sensor for detecting water leaks saves infrastructure
• Computer vision in leak detection systems
• Intelligent water leak detectors are enjoying increasing demand
• Intelligent devices for better control in the smart home
• Increasing awareness of intelligent water leak detection systems
• Commercial Water Leak Detection Service: A Thriving Business with Captivating Benefits
• Features of commercial water leak detection systems
• Find the best method for reliable detection of water leaks in commercial premises
• Construction trends, plumbing support and discounts drive market demand
• Smart Wi-Fi water sensor leak detection technology comes to the rescue
• Data centers: A major consumer of water leak detection systems
• Global data center storage capacity: Amount of data stored in data centers (in exabytes) for the years 2015, 2017, 2019, 2021 and 2023
• Global Modular Data Center Market (in million US dollars) for the years 2023, 2025 and 2027
• Water leak detection systems remain critical to preventing major service interruptions in modern data center operations
• Leak detection systems are used in numerous industries
• Industry standards ensure improved performance
• Non-invasive acoustic technology becomes more audible in the field of water leak detection
• Advanced approaches to detecting water leaks in pipelines are gaining attention
• Satellite images for leak detection
• Solutions for detecting micro leaks
• Magnetic field sensors
• IoT-supported leak detection
• Leak detection with valve control
• Multi-sensor systems are enjoying increasing demand
• Increased demand for IOT-based water leak detection systems
• MACRO DRIVERS
• Population growth and increasing water demand are driving demand
• Rapid urbanization exacerbates water problems and increases demand for water leak detection systems
• Global warming and climate change should promote widespread introduction
• Smart City concept aims to support sales growth in the coming years

Focus on selected players (Total 107 presented)

• 3M Company
• ABB Ltd.
• Aqualeak Detection Ltd.
• Atmos International (Atmos)
• Badger Meter Inc.
• Gütermann AG
• Hermann Sewerin GmbH
• LeckTronics
• Mueller Water Products Inc.
• nVent
• Ovarro Limited
• Pentair plc
• Perma-Pipe International Holdings, Inc.
• Resideo Technologies, Inc.
• Schneider Electric SE
• SebaKMT Megger Germany GmbH
• TTK-SAS
• Xylem Inc.
• Yokogawa Electric Corporation

For more information about this report visit https://www.researchandmarkets.com/r/cetgnp

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• Global Water Leak Detection Systems Market