Global Water Pipeline Leak Detection Systems Market Was Valued At US$ 2,138.43 Million In 2023 Astute Analytica

(MENAFN- EIN Presswire)

Rising Demand for Efficient Water Management and Advanced Technologies to Propel the Growth of the Global Water Pipeline Leak Detection Systems Market

CHICAGO, CA, UNITED STATES, September 19, 2024 /EINPresswire / -- The global water pipeline leak detection systems market , valued at US$ 2,138.43 million in 2023, is poised for significant growth in the coming years. According to industry forecasts, the market is expected to reach an impressive US$ 5,815.37 million by 2032, registering a robust CAGR of 12.32% during the forecast period from 2024 to 2032.

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Water pipeline leak detection systems are critical for ensuring efficient water management, reducing water loss, and mitigating environmental impact. With rising concerns over water scarcity, aging infrastructure, and the increasing need to optimize water distribution systems, the demand for advanced leak detection technologies has surged globally.

Market Dynamics

Driver: Increasing demand for efficient water management to combat global water scarcity issues

The world's water crisis is getting worse as about 2 billion people do not have access to safe drinking water. In the future, there will be an increase in demand for water by 30% according to the UN due to population and urbanization growth. It is predicted that by 2025 more than one in two people will live in areas that are constrained by water supply, giving a boost to the water pipeline leak detection systems market growth. About 126 billion cubic meters of water is estimated to be lost every year by water utilities around the globe owing to leaking facilities and losses through impermeable structures. In the U.S water leaks waste more than 6 billion gallons of water every day. The World Bank observes that better management of water scarcity can result in rehabilitation of around 2 trillion cubic meters of water every year. The agricultural sector which uses 70% of the world's water is under increasing demand to use water wisely. Water scarcity has put cities like Cape Town and São Paulo in danger of reaching nearly complete depletion of their water resources there water“Day Zero”. Demand is expected to exceed supply by 40% by 2030 unless there is a major shift in global water management practices.

It is important to note that effective water management is key to overcoming such issues and that technologies such as leak detection systems are significant. The global water pipeline leak detection systems market is expected to be worth around $3 billion by 2025 quite an interesting figure. For areas like MENA the last fifty years have seen water demand doubling again increasing pressure on the available supply. More and more smart water solutions are embraced by the utilities to make them more efficient and decrease water loss. Over 44 million smart water meters have been reported to have been installed globally with the purpose of conserving water. There has been massive underscoring by the governments and for example in the European Union 7.5 Billion dollars has been used to enhance Water Infrastructures. It is also estimated that proactive leak detection can help save up to 11 Trillion liters of water each year by 2035. As it is constructive to discuss its repercussions for water management those developments will become even more legitimate.

Top Players in Water Pipeline Leak Detection Systems Market

.Aqualeak Detection Ltd.
.Atmos International Limited
.CMR Electrical
.Gutermann AG
.Hermann Sewerin GmbH
.Honeywell International Inc.
.Mueller Water Products Inc. (Echologics)
.Perma Pipes
.Pentair
.Siemens AG
.TTK S.A.S.
.Xylem Inc.
.Other Prominent Players

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Market Segmentation Overview:

By Components

.Instruments
oSmart Ball
oSmart Meters
oSensor Hoses
oNoise Loggers
oIR Cameras
oMEMS Systems/ Sensors
oOthers
.Software
.Services
oTraining & Consultation
oMaintenance & Installation
oContract/Outsourced Services

By Technology

.Acoustic
.Pressure
.Vibration
.GPR (Ground Penetrating Radar)
.Infra-Red
.Others
oFiber Optic
oFlow Rate
oTracer Gas
oOn-site

By Pipe Location

.On Ground
.Under Ground

By Pipe Type

.Metallic Pipes
oDuctile Iron Pipes
oStainless Steel Pipes
oAluminium Pipes
oOther Metal Pipes
.Non-Metallic Pipes
oPlastic Pipes
oGlass Pipes
oConcrete Pipes
oOthers

By End User

.Industrial
oCrude & Refined Petroleum
oWater & Wastewater
oOthers
.Residential
.Commercial
.Utilities

By Region

.North America
oThe U.S.
oCanada
oMexico

.Europe

oWestern Europe
U.K.
Germany
France
Spain
Italy
Rest of Western Europe
oEastern Europe
Poland
Russia
Rest of Eastern Europe

.Asia Pacific

oChina
oIndia
oJapan
oAustralia & New Zealand
oASEAN
oRest of Asia Pacific

.Middle East & Africa (MEA)

oUAE
oSaudi Arabia
oSouth Africa
oRest of MEA

.South America

oArgentina
oBrazil
oRest of South America

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About Astute Analytica:

Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.

They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyse for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.

Aamir Beg
Astute Analytica
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