Global Water Pipeline Leak Detection System (LDS) Market By Technology, By Equipment, By Type, By Location of Application, By Region, By Country – Analysis and Forecast (2017 Edition)

Date: 16 August 2017

Water Pipeline Leak Detection System market has been growing on account of rising expenditure of pipeline companies on maintenance,continuous increase of environmental challenges and escalating role of government in empowering usage of leak detection measures to avoid water loss.Water being a scare resource there are various pipeline expansion plans emerging coupled with water treatment plants.

Moreover, increase in number of pipelines with newly proposed plans of water transmission is further anticipated to boost the overall leak detection system market in the coming years. New technologically advanced equipment providing dynamic performance, cost saving, high efficiency and high accuracy will continue to drive the market during the forecast period.

According to Azoth Analytics research report, “Global Water Pipeline Leak Detection System (LDS) Market By Technology, By Equipment,By Type, By Location of Application, By Region, By Country – Analysis and Forecast (2017 Edition)”, global market is projected to display a moderate growth represented by a CAGR of 6.12% during 2017 – 2022, chiefly driven by increasing concerns for water conservation, rising population globally,increasing water consumption levels, government regulations to use leak detection systems to avoid water losses and growing advancements in the leak detection technology. The acoustics leak detection systems are rising at a higher rate due its extremely dynamic performance characteristics and result accuracy in identifying leak and location of leak.

Among all the methods Acoustics market comprises of around 66.57% share of the overall market. North America dominated the revenue contribution share in 2016 and the region is forecast to continue its domination through 2022. However, APAC is predicted to advance at the highest rate, mainly driven by the growing economies in China, India, Australia, Malaysia and Singapore in the region with the huge population, emerging industries and new infrastructure built. 

Rising concerns for water conservations with growing population has increased the demand of reducing water losses by installing water leak detection system; however, there are certain challenges that will need to be addressed, including the high cost of leak detection systems and lack of awareness about the water scarcity or optimum use of water. Further,advancement in the technologies is expected to boost the global market in the forecast period.

A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Water Pipeline Leak Detection System Market; By Region (North America, Europe, APAC and ROW) and By Country (U.S., Canada, Germany, France, U.K., Australia, China and India).