Water leaks account for millions of dollars worth of damages. Undetected water leaks are very common in residential & non-residential places. Water leakages as small as a pinhole leak, continuously leaking for months or years can wreak havoc on properties.
Portland, OR -- (SBWIRE) -- 11/25/2017 -- There are plenty of reasons that lead to pipe leaks in older or newly constructed buildings such as every day wear & tear, debris such as hair & grease can cause damage, water pressure, chemical in the water, soil conditions, and fixtures break down. Moreover, water leakage in buildings will lead to increase in water bill, discoloration or mold on walls, cracks in the tile, wall, or concrete foundation. This is the reason why installation of water pipeline leak detection equipment or routine inspection is necessary. The earliest detection of the leakage may safeguard further damages.
The water pipeline leak detection system market is driven by new pipeline protects, rising expenditure of water treatment & transmission companies on maintenance, rapid construction of residential & non-residential buildings, population growth & urbanization, increasing demand of water for various activities in industries, increasing environmental concerns, and role of the government in empowering the usage of leak detection measures to avoid water loss.
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The water pipeline leak detection system market is segmented based on technology, equipment, type, location of application, end users, and geography. Based on technology, the market has been segmented into equipment & inspection. Based on equipment, the market has been segmented into acoustic & non-acoustic. Based on type, the market has been segmented into continuous & non-continuous. Based on location of application the market is segmented into underground water pipeline & above the ground water pipeline. Based on end users, the market is segmented into residential, municipal, commercial, and industrial. Based on geography, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA.
Key players that operate in the market include Perma-Pipe Inc., Pure Technologies Ltd., Atmos International, TTK - Leak Detection System, Aqua Leak Detection LLC, Mueller Water Products, Inc., NEC Corporation, Badger Meter Inc., 3M, and Schneider Electric.
The report provides an in-depth analysis of the water pipeline leak detection system industry to identify potential investment pockets.
The key drivers, restraints, and opportunities along with their detailed impact analyses have been elucidated.
Porters five forces model helps in analyzing potential buyers & suppliers and the competitive sketch of the market, which is expected to guide the market players to develop strategies accordingly.
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Global Water Pipeline Leak Detection Systems Market Key Segments:
By Location of Application
Underground Water Pipeline
Above the Ground Water Pipeline