The SAM water pipeline leak detection system market is expected to grow from US$ 47.31 million in 2021 to US$ 72.84 million by 2028; it is estimated to grow at a CAGR of 6.4% from 2021 to 2028.
With the rising integration of advanced technology, the adoption of advanced leak detection technologies is also increasing. The adoption of advanced leak detection technology, with the integration of narrowband-IoT (NB-IoT) acoustic loggers, detects the leakage point efficiently and precisely. Although technologies are constantly changing and the implementation of advanced technology with the systems is being deployed in the water leak detection system is expected to increase in the coming years. The integration of NB-IoT acoustic loggers for plugging infrastructure, eco gaps, and cost across the water industry across the region is boosting and supporting the growth of water pipeline detection system market. The NB-IoT also enables efficient water leakage detection with less cost and high environmental efficiencies, and the connection of cellular communication networks shifts beyond 2G, 3G, and even potentially 4G. Further, the market players focus on integrating long range (LoRa) sensors for accurate water leakage detection in the pipeline network. The IoT leak management solution is accessible by integrating several LoRA sensors to cover the area of any size. Thus, the robust focus and investment toward the adoption of IoT and LoRa sensors in the leak detection system are one of the upcoming targets for the market players across the SAM region.
Brazil is the worst-affected country by the COVID-19 pandemic in SAM, followed by Colombia, Argentina, and Peru. Governments of various countries in the region took several initiatives to protect people and control the disease spread in the region through lockdowns, trade bans, and travel restrictions. These measures directly hampered the economic growth of the region due to lowered export revenues, both from the drop in commodity prices and reduction in export volumes, especially to major trading partners such as China, Europe, and North America. A sharp decline in the sales of electronics due to lockdown measures resulted in the limited growth of the water pipeline leak detection system market in SAM.
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 SAM water pipeline leak detection system market. The SAM water pipeline leak detection system market is expected to grow at a good CAGR during the forecast period.
SAM Water Pipeline Leak Detection System Market Revenue and Forecast to 2028 (US$ Million)
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SAM Water Pipeline Leak Detection System Market Segmentation
SAM Water Pipeline Leak Detection System Market – By Offering
- Hardware
- Software and Services
SAM Water Pipeline Leak Detection System Market – By Equipment Type
- Acoustic
- Non-Acoustic
SAM Water Pipeline Leak Detection System Market – By Pipe Type
- Plastic Pipes
- Ductile Iron Pipes
- Stainless Steel Pipes
- Others
SAM Water Pipeline Leak Detection System Market – ByEnd User
- Non-Residential
- Residential
SAM Water Pipeline Leak Detection System Market, by Country
- Brazil
- Argentina
- Rest of SAM
SAM Water Pipeline Leak Detection System Market - Companies Mentioned
- Atmos International Limited
- Gutermann AG
- HERMANN SEWERIN GMBH
- Luna Innovations Inc.
- Primayer
- SebaKMT
- Xylem Inc.
South America Water Pipeline Leak Detection System Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 47.31 Million |
| Market Size by 2028 | US$ 72.84 Million |
| CAGR (2021 - 2028) | 6.4% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Offering
|
| Regions and Countries Covered |
South and Central America
|
| 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
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