
North America Water Pipeline Leak Detection System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Offering (Hardware and Software and Services), Equipment Type (Acoustic and Non-Acoustic), Pipe Type (Plastic Pipes, Ductile Iron Pipes,
Description
North America Water Pipeline Leak Detection System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Offering (Hardware and Software and Services), Equipment Type (Acoustic and Non-Acoustic), Pipe Type (Plastic Pipes, Ductile Iron Pipes, Stainless Steel Pipes, and Others), and End User (Non-Residential and Residential)
The North American water pipeline leak detection system market is expected to grow from US$ 582.46 million in 2021 to US$ 853.89 million by 2028; it is estimated to grow at a CAGR of 5.6% from 2021 to 2028. The residential construction sector has started gaining momentum in recent years after weak growth in the past years due to a surge in population in North American countries and increasing demand for single-family homes. The growth in residential construction underlines the need for efficient water management systems, further boosting the demand for water pipeline leak detection systems. Residential sewage accounts for a significant share of the total sewage volume in cities or urban areas. Additionally, with the growing population, several countries in the region lag in proper water and wastewater infrastructure. Many countries in the region are adopting modern technologies for residential water leakage maintenance. Moreover, governments have undertaken several initiatives in the respective countries to improve water and wastewater infrastructure, which is further propelling the growth of the North America water pipeline leak detection system market.
North America is one of the most prominent regions adopting and developing new technologies due to favorable government policies that boost innovation, the presence of a huge industrial base, and high purchasing power of people, especially in developed countries such as the US and Canada. Hence, any impact on the growth of industries is expected to limit the region's economic growth. COVID-19 has negatively impacted businesses in the region in four critical areas—supply chain/operations, workforce availability, investments (in 2020), and product offering. In the first nine months, overhead costs—including expenses for sales, research and development (R&D), and administration of various providers—fell adversely due to severe measures taken during the pandemic. Despite the effects of the global outbreak, earnings of people improved, primarily due to continuous optimization of the cost structure. However, the indefinite pause in infrastructure development activities and the limited presence of laborers hampered old water supply pipeline infrastructure maintenance and renovation projects.
The North America water pipeline leak detection system market, by offering, is segmented into hardware, and software and services; the hardware segment led the market in 2020. The hardware segment in the water pipeline leak detection system includes sensors, alarms, monitors, and display. Sensors are integrated in hydrants and valves of the water pipeline systems installed across various residential, commercial, and industrial facilities to efficiently sense the water leakage and send signals to alarms systems and controlling centers. These sensors are small, waterproof, lightweight, and handy. They comprise an in-built magnet, are easy to install and have no special handling requirements. They also have in-built batteries that last for ~5 years and are installed where long-term leak detection is required. In addition to monitoring and displaying a water leakage situation, sensors pinpoint the water leakage location, investigate past comments and construction repair work records, and assess pipe details file (mapping system).
The North America water pipeline leak detection system market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the North America water pipeline leak detection system market. The process also serves the purpose of obtaining overview and forecast of the North America water pipeline leak detection system market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights. The participants typically involved in this process include industry expert such as VPs, business development managers, market intelligence managers, national sales managers, and external consultants—such as valuation experts, research analysts, and key opinion leaders—specializing in the North America water pipeline leak detection system market. Aqualeak Detection Ltd., Atmos International Limited, Gutermann AG, HERMANN SEWERIN GMBH, Luna Innovations Inc., MUELLER WATER PRODUCTS INC., Primayer, SebaKMT, TTK - Leak Detection System, and Xylem Inc. are among a few players operating in the North America water pipeline leak detection system market.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America water pipeline leak detection system market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the North America water pipeline leak detection system market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth North America market trends and outlook coupled with the factors driving the water pipeline leak detection system market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
The North American water pipeline leak detection system market is expected to grow from US$ 582.46 million in 2021 to US$ 853.89 million by 2028; it is estimated to grow at a CAGR of 5.6% from 2021 to 2028. The residential construction sector has started gaining momentum in recent years after weak growth in the past years due to a surge in population in North American countries and increasing demand for single-family homes. The growth in residential construction underlines the need for efficient water management systems, further boosting the demand for water pipeline leak detection systems. Residential sewage accounts for a significant share of the total sewage volume in cities or urban areas. Additionally, with the growing population, several countries in the region lag in proper water and wastewater infrastructure. Many countries in the region are adopting modern technologies for residential water leakage maintenance. Moreover, governments have undertaken several initiatives in the respective countries to improve water and wastewater infrastructure, which is further propelling the growth of the North America water pipeline leak detection system market.
North America is one of the most prominent regions adopting and developing new technologies due to favorable government policies that boost innovation, the presence of a huge industrial base, and high purchasing power of people, especially in developed countries such as the US and Canada. Hence, any impact on the growth of industries is expected to limit the region's economic growth. COVID-19 has negatively impacted businesses in the region in four critical areas—supply chain/operations, workforce availability, investments (in 2020), and product offering. In the first nine months, overhead costs—including expenses for sales, research and development (R&D), and administration of various providers—fell adversely due to severe measures taken during the pandemic. Despite the effects of the global outbreak, earnings of people improved, primarily due to continuous optimization of the cost structure. However, the indefinite pause in infrastructure development activities and the limited presence of laborers hampered old water supply pipeline infrastructure maintenance and renovation projects.
The North America water pipeline leak detection system market, by offering, is segmented into hardware, and software and services; the hardware segment led the market in 2020. The hardware segment in the water pipeline leak detection system includes sensors, alarms, monitors, and display. Sensors are integrated in hydrants and valves of the water pipeline systems installed across various residential, commercial, and industrial facilities to efficiently sense the water leakage and send signals to alarms systems and controlling centers. These sensors are small, waterproof, lightweight, and handy. They comprise an in-built magnet, are easy to install and have no special handling requirements. They also have in-built batteries that last for ~5 years and are installed where long-term leak detection is required. In addition to monitoring and displaying a water leakage situation, sensors pinpoint the water leakage location, investigate past comments and construction repair work records, and assess pipe details file (mapping system).
The North America water pipeline leak detection system market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the North America water pipeline leak detection system market. The process also serves the purpose of obtaining overview and forecast of the North America water pipeline leak detection system market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights. The participants typically involved in this process include industry expert such as VPs, business development managers, market intelligence managers, national sales managers, and external consultants—such as valuation experts, research analysts, and key opinion leaders—specializing in the North America water pipeline leak detection system market. Aqualeak Detection Ltd., Atmos International Limited, Gutermann AG, HERMANN SEWERIN GMBH, Luna Innovations Inc., MUELLER WATER PRODUCTS INC., Primayer, SebaKMT, TTK - Leak Detection System, and Xylem Inc. are among a few players operating in the North America water pipeline leak detection system market.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America water pipeline leak detection system market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the North America water pipeline leak detection system market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth North America market trends and outlook coupled with the factors driving the water pipeline leak detection system market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
Table of Contents
105 Pages
- 1. Introduction
- 1.1 Study Scope
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 2. Key Takeaways
- 3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
- 4. North America Water Pipeline Leak Detection System Market Landscape
- 4.1 Market Overview
- 4.2 North America PEST Analysis
- 4.3 Ecosystem Analysis
- 4.4 Expert Opinions
- 5. North America Water Pipeline Leak Detection System Market - Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Growing Scarcity of Water is Boosting the Demand for Water Wastage Solutions
- 5.1.2 Rising Residential Construction
- 5.2 Market Restraints
- 5.2.1 Expensive Installation and Maintenance
- 5.3 Market Opportunities
- 5.3.1 Increasing Adoption of Computerized Systems and Digital Survey Systems
- 5.4 Future Trends
- 5.4.1 Burgeoning Innovation in Leak Detection Technology
- 5.5 Impact Analysis of Drivers and Restraints
- 6. Water Pipeline Leak Detection System Market - North America Analysis
- 6.1 North America Water Pipeline Leak Detection System Market Overview
- 6.2 North America Water Pipeline Leak Detection System Market - Revenue and Forecast to 2028 (US$ Million)
- 7. North America Water Pipeline Leak Detection System Market Analysis - By Offering
- 7.1 Overview
- 7.2 North America Water Pipeline Leak Detection System Market, By Offering (2020 and 2028)
- 7.3 Hardware
- 7.3.1 Overview
- 7.3.2 Hardware: Water Pipeline Leak Detection System Market - Revenue and Forecast to 2028 (US$ Million)
- 7.4 Software and Services
- 7.4.1 Overview
- 7.4.2 Software and Services: Water Pipeline Leak Detection System Market - Revenue and Forecast to 2028 (US$ Million)
- 8. North America Water Pipeline Leak Detection System Market Analysis - By Equipment Type
- 8.1 Overview
- 8.2 North America Water Pipeline Leak Detection System Market, By Equipment Type (2020 and 2028)
- 8.3 Acoustic
- 8.3.1 Overview
- 8.3.2 Acoustic: Water Pipeline Leak Detection System Market - Revenue and Forecast to 2028 (US$ Million)
- 8.4 Non-Acoustic
- 8.4.1 Overview
- 8.4.2 Non-Acoustic: Water Pipeline Leak Detection System Market - Revenue and Forecast to 2028 (US$ Million)
- 9. North America Water Pipeline Leak Detection System Market Analysis - By Pipe Type
- 9.1 Overview
- 9.2 North America Water Pipeline Leak Detection System Market, By Pipe Type (2020 and 2028)
- 9.3 Plastic Pipes
- 9.3.1 Overview
- 9.3.2 Plastic Pipes: Water Pipeline Leak Detection System Market - Revenue and Forecast to 2028 (US$ Million)
- 9.4 Ductile Iron Pipes
- 9.4.1 Overview
- 9.4.2 Ductile Iron Pipes: Water Pipeline Leak Detection System Market - Revenue and Forecast to 2028 (US$ Million)
- 9.5 Stainless Steel Pipes
- 9.5.1 Overview
- 9.5.2 Stainless Steel Pipes: Water Pipeline Leak Detection System Market - Revenue and Forecast to 2028 (US$ Million)
- 9.6 Others
- 9.6.1 Overview
- 9.6.2 Others: Water Pipeline Leak Detection System Market - Revenue and Forecast to 2028 (US$ Million)
- 10. North America Water Pipeline Leak Detection System Market Analysis - By End User
- 10.1 Overview
- 10.2 North America Water Pipeline Leak Detection System Market, By End User (2020 and 2028)
- 10.3 Non-Residential
- 10.3.1 Overview
- 10.3.2 Non-Residential: Water Pipeline Leak Detection System Market - Revenue and Forecast to 2028 (US$ Million)
- 10.4 Residential
- 10.4.1 Overview
- 10.4.2 Residential: Water Pipeline Leak Detection System Market - Revenue and Forecast to 2028 (US$ Million)
- 11. North America Water Pipeline Leak Detection System Market - Country Analysis
- 11.1 Overview
- 11.1.1 North America: Water Pipeline Leak Detection System Market, by Key Country
- 11.1.1.1 US: Water Pipeline Leak Detection System Market - Revenue and Forecast to 2028 (US$ Million)
- 11.1.1.1.1 US: Water Pipeline Leak Detection System Market, by Offering
- 11.1.1.1.2 US: Water Pipeline Leak Detection System Market, by Equipment Type
- 11.1.1.1.3 US: Water Pipeline Leak Detection System Market, by Pipe Type
- 11.1.1.1.4 US: Water Pipeline Leak Detection System Market, by End User
- 11.1.1.2 Canada: Water Pipeline Leak Detection System Market - Revenue and Forecast to 2028 (US$ Million)
- 11.1.1.2.1 Canada: Water Pipeline Leak Detection System Market, by Offering
- 11.1.1.2.2 Canada: Water Pipeline Leak Detection System Market, by Equipment Type
- 11.1.1.2.3 Canada: Water Pipeline Leak Detection System Market, by Pipe Type
- 11.1.1.2.4 Canada: Water Pipeline Leak Detection System Market, by End User
- 11.1.1.3 Mexico: Water Pipeline Leak Detection System Market - Revenue and Forecast to 2028 (US$ Million)
- 11.1.1.3.1 Mexico: Water Pipeline Leak Detection System Market, by Offering
- 11.1.1.3.2 Mexico: Water Pipeline Leak Detection System Market, by Equipment Type
- 11.1.1.3.3 Mexico: Water Pipeline Leak Detection System Market, by Pipe Type
- 11.1.1.3.4 Mexico: Water Pipeline Leak Detection System Market, by End User
- 12. Impact of COVID-19 Outbreak
- 12.1 North America: Impact Assessment of COVID-19 Pandemic
- 13. Industry Landscape
- 13.1 Overview
- 13.2 Market Initiative
- 13.3 New Development
- 13.4 Merger and Acquisition
- 14. Company Profiles
- 14.1 Primayer
- 14.1.1 Key Facts
- 14.1.2 Business Description
- 14.1.3 Products and Services
- 14.1.4 Financial Overview
- 14.1.5 SWOT Analysis
- 14.1.6 Key Developments
- 14.2 Aqualeak Detection Ltd.
- 14.2.1 Key Facts
- 14.2.2 Business Description
- 14.2.3 Products and Services
- 14.2.4 Financial Overview
- 14.2.5 SWOT Analysis
- 14.2.6 Key Developments
- 14.3 Atmos International Limited
- 14.3.1 Key Facts
- 14.3.2 Business Description
- 14.3.3 Products and Services
- 14.3.4 Financial Overview
- 14.3.5 SWOT Analysis
- 14.3.6 Key Developments
- 14.4 Luna Innovations Inc.
- 14.4.1 Key Facts
- 14.4.2 Business Description
- 14.4.3 Products and Services
- 14.4.4 Financial Overview
- 14.4.5 SWOT Analysis
- 14.4.6 Key Developments
- 14.5 Xylem Inc.
- 14.5.1 Key Facts
- 14.5.2 Business Description
- 14.5.3 Products and Services
- 14.5.4 Financial Overview
- 14.5.5 SWOT Analysis
- 14.5.6 Key Developments
- 14.6 Gutermann AG
- 14.6.1 Key Facts
- 14.6.2 Business Description
- 14.6.3 Products and Services
- 14.6.4 Financial Overview
- 14.6.5 SWOT Analysis
- 14.6.6 Key Developments
- 14.7 TTK - Leak Detection System
- 14.7.1 Key Facts
- 14.7.2 Business Description
- 14.7.3 Products and Services
- 14.7.4 Financial Overview
- 14.7.5 SWOT Analysis
- 14.7.6 Key Developments
- 14.8 SebaKMT
- 14.8.1 Key Facts
- 14.8.2 Business Description
- 14.8.3 Products and Services
- 14.8.4 Financial Overview
- 14.8.5 SWOT Analysis
- 14.8.6 Key Developments
- 14.9 HERMANN SEWERIN GMBH
- 14.9.1 Key Facts
- 14.9.2 Business Description
- 14.9.3 Products and Services
- 14.9.4 Financial Overview
- 14.9.5 SWOT Analysis
- 14.9.6 Key Developments
- 14.10 MUELLER WATER PRODUCTS INC. (ECHOLOGICS)
- 14.10.1 Key Facts
- 14.10.2 Business Description
- 14.10.3 Products and Services
- 14.10.4 Financial Overview
- 14.10.5 SWOT Analysis
- 14.10.6 Key Developments
- 15. Appendix
- 15.1 About The Insight Partners
- 15.2 Word Index
- list of Tables
- Table 1. North America Water Pipeline Leak Detection System Market - Revenue and Forecast to 2028 (US$ Million)
- Table 2. US: Water Pipeline Leak Detection System Market, by Offering -Revenue and Forecast to 2028 (US$ Million)
- Table 3. US: Water Pipeline Leak Detection System Market, by Equipment Type -Revenue and Forecast to 2028 (US$ Million)
- Table 4. US: Water Pipeline Leak Detection System Market, by Pipe Type -Revenue and Forecast to 2028 (US$ Million)
- Table 5. US: Water Pipeline Leak Detection System Market, by End User -Revenue and Forecast to 2028 (US$ Million)
- Table 6. Canada: Water Pipeline Leak Detection System Market, by Offering - Revenue and Forecast to 2028 (US$ Million)
- Table 7. Canada: Water Pipeline Leak Detection System Market, by Equipment Type - Revenue and Forecast to 2028 (US$ Million)
- Table 8. Canada: Water Pipeline Leak Detection System Market, by Pipe Type - Revenue and Forecast to 2028 (US$ Million)
- Table 9. Canada: Water Pipeline Leak Detection System Market, by End User - Revenue and Forecast to 2028 (US$ Million)
- Table 10. Mexico: Water Pipeline Leak Detection System Market, by Offering - Revenue and Forecast to 2028 (US$ Million)
- Table 11. Mexico: Water Pipeline Leak Detection System Market, by Equipment Type - Revenue and Forecast to 2028 (US$ Million)
- Table 12. Mexico: Water Pipeline Leak Detection System Market, by Pipe Type - Revenue and Forecast to 2028 (US$ Million)
- Table 13. Mexico: Water Pipeline Leak Detection System Market, by End User - Revenue and Forecast to 2028 (US$ Million)
- Table 14. List of Abbreviation
- List of Figures
- Figure 1. North America Water Pipeline Leak Detection System Market Segmentation
- Figure 2. North America Water Pipeline Leak Detection System Market Segmentation - By Country
- Figure 3. North America Water Pipeline Leak Detection System Market Overview
- Figure 4. North America Water Pipeline Leak Detection System Market, By Country
- Figure 5. North America Water Pipeline Leak Detection System Market, By Offering
- Figure 6. North America: PEST Analysis
- Figure 7. Ecosystem Analysis
- Figure 8. North America Water Pipeline Leak Detection System Market Impact Analysis of Drivers and Restraint
- Figure 9. North America Water Pipeline Leak Detection System Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 10. North America Water Pipeline Leak Detection System Market Revenue Share, By Offering (2020 and 2028)
- Figure 11. North America Hardware: Water Pipeline Leak Detection System Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 12. North America Software and Services: Water Pipeline Leak Detection System Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 13. North America Water Pipeline Leak Detection System Market Revenue Share, By Equipment Type (2020 and 2028)
- Figure 14. North America Acoustic: Water Pipeline Leak Detection System Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 15. North America Non-Acoustic: Water Pipeline Leak Detection System Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 16. North America Water Pipeline Leak Detection System Market Revenue Share, by Pipe Type (2020 and 2028)
- Figure 17. North America Plastic Pipes: Water Pipeline Leak Detection System Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 18. North America Ductile Iron Pipes: Water Pipeline Leak Detection System Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 19. North America Stainless Steel Pipes: Water Pipeline Leak Detection System Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 20. North America Others: Water Pipeline Leak Detection System Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 21. North America Water Pipeline Leak Detection System Market Revenue Share, By End User (2020 and 2028)
- Figure 22. North America Non-Residential: Water Pipeline Leak Detection System Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 23. North America Residential: Water Pipeline Leak Detection System Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 24. North America: Water Pipeline Leak Detection System Market Overview, By Country - 2020 (US$ Mn)
- Figure 25. North America: Water Pipeline Leak Detection System Market Revenue Share, by Key Country (2020 and 2028)
- Figure 26. US: Water Pipeline Leak Detection System Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 27. Canada: Water Pipeline Leak Detection System Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 28. Mexico: Water Pipeline Leak Detection System Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 29. Impact of COVID-19 Pandemic in North American Country Markets
Pricing
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