The APAC water pipeline leak detection system market is expected to grow from US$ 352.08 million in 2021 to US$ 601.95 million by 2028; it is estimated to grow at a CAGR of 8.0% from 2021 to 2028.
The water pipeline leak detection systems demand for various technological advancements with the integration of computerized systems and digital survey systems for real-time monitoring of water leakage. Also, the introduction of advanced technologies such as sensors and computerized systems create enormous opportunities for the growth of the water pipeline leak detection systems market. The traditional acoustic detection sensors are being upgraded with efficient sound detection functions. The technological advancements also lead to the rising usage of Internet-of-Things (IoT) based monitoring systems and smart water metering in water management system across the residential, commercial, and industrial sectors. In case of water leakage failure, the operators must have access to reliable, efficient, and actionable insights, which permit them to manage with an appropriate response. One of the most advanced technologies integrated to detect and locate water leakage points inside the pipelines is distributed acoustic sensing (DAS). DAS is an intelligent and networked solution that offers extensive support to water utilities, especially for pipeline integrity management, pre-emptive maintenance, and leak detection. The development of these advanced computerized systems for water leakage is creating enormous opportunities for the market player to remain competitive in the APAC market.
APAC is characterized by many developing countries, positive economic outlook, high residential and industrial presence, huge population, and rising disposable income. All these factors make it a major region for various businesses, including water pipeline leak detection systems. The lockdown of various factories in China in early 2020 affected the global supply chains and limited developments, delivery schedules, and various products and services. Although factories in China began to reopen from the second half of 2020, several businesses have reduced their operations or hit pause on the same. Several developing countries in APAC consist of old infrastructure with damaged water pipelines. During the lockdown phases, the process of maintenance and renovation of old pipeline infrastructure slowed down, which led to the decreased deployment of advanced water pipeline leak detection systems.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC water pipeline leak detection system market. The APAC water pipeline leak detection system market is expected to grow at a good CAGR during the forecast period.
APAC Water Pipeline Leak Detection System Market Revenue and Forecast to 2028 (US$ Million)
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APAC Water Pipeline Leak Detection System Market Segmentation
APAC Water Pipeline Leak Detection System Market – By Offering
- Hardware
- Software and Services
APAC Water Pipeline Leak Detection System Market – By Equipment Type
- Acoustic
- Non-Acoustic
APAC Water Pipeline Leak Detection System Market – By Pipe Type
- Plastic Pipes
- Ductile Iron Pipes
- Stainless Steel Pipes
- Others
APAC Water Pipeline Leak Detection System Market – ByEnd User
- Non-Residential
- Residential
APAC Water Pipeline Leak Detection System Market, by Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
APAC Water Pipeline Leak Detection System Market - Companies Mentioned
- Aqualeak Detection Ltd.
- Atmos International Limited
- Gutermann AG
- HERMANN SEWERIN GMBH
- Luna Innovations Inc.
- MUELLER WATER PRODUCTS INC.
- Primayer
- SebaKMT
- TTK - Leak Detection System
- Xylem Inc.
Asia Pacific Water Pipeline Leak Detection System Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 352.08 Million |
| Market Size by 2028 | US$ 601.95 Million |
| CAGR (2021 - 2028) | 8.0% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Offering
|
| Regions and Countries Covered |
Asia-Pacific
|
| Market leaders and key company profiles |
|
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
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