The Increased Maintenance and Government rules for Pipeline Safety and Monitoring, Sustainable Use of Resources, Enlarged Demand in Pipeline Monitoring Solutions, Due to rising Pipeline Infrastructure across the world are key factors contributing to the growth of the market during the forecast period.
Market Size – USD 920 million in 2018, Market Growth – CAGR of 5.06%, Market Trends –Internet of Things (IoT) proving in pipeline leak detection, rising demand for pipeline monitoring solutions due to increase in pipeline infrastructure
According to the current analysis of Reports and Data, the global Water Pipeline Leak Detection Systems market was valued at USD 920 Million in 2018 and expected to reach USD 1300.23 Million by the year 2026, at a CAGR of 5.06%. The drinking water scarcity problem exists almost all over these days. The reasons behind it are the unavailability of resources and the lack in the proper management of the accessible water supply system by the concerned organizations. Also, a significant amount of water lost due to leakage on the network. For example, in the context of Nepal, roughly 40 % of drinking water is lost due to leakage, indicating a weak distribution system in Kathmandu. Proper management of available water supply with an automated monitoring system is therefore highly desirable to address the crux of the drinking scarcity problem. Recently, information and communication technology (ICT) has gained interest in the field of drinking water management also for automated monitoring. Among various techniques to detect the underground leaks, acoustic sensing equipment are simple and sensitive enough to record the stress waves created by leakage in high-pressure pipes. There are various techniques for localizing leaks. These machines can include pinpoint listening devices directly on the base. Once a leak happens in a pipe, liquid runs outside through the hole creating a pressure wave with frequency in the audio range. The energy produced from the leak transmitted within the pipe through the water, which in turn makes mechanical vibration on the surface of the pipes. An underground acoustic sensor attached to the outer surface of the pipe can be used to pick up these vibrations. Correlating devices like pickup accelerometers listen to two different points to detect the leak location. An underground acoustic sensor attached to the outer surface of the pipeline can be used to pick up these vibrations.
Key participants include Orbcomm Inc., Transcanada, Honeywell International Inc, Pure Technologies, Atmos International, Aqua Leak Detection LLC, Mueller Water Products Inc, Schneider Electric, Siemens AG, Huawei Technologies Co. Ltd.
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For the purpose of this report, Reports and Data has segmented the Water Pipeline Leak Detection Systems market based on
Equipment (Revenue, USD Million; 2016–2026)
Technology (Revenue, USD Million; 2016–2026)
Pipe Type (Revenue, USD Million; 2016–2026)
Solution (Revenue, USD Million; 2016–2026)
End-Use (Revenue, USD Million; 2016–2026)
Regional Outlook (Revenue in USD Million; 2016–2026)
Further key findings from the report suggest
Table of Content:
Chapter 1. Market Synopsis 1.1. Market Definition 1.2. Research Scope & Premise 1.3. Methodology 1.4. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2018 – 2026 Chapter 3. Indicative Metrics Chapter 4. Water Pipeline Leak Detection Systems Segmentation & Impact Analysis 4.1. Water Pipeline Leak Detection Systems Segmentation Analysis 4.2. Water Pipeline Leak Detection Systems Market Value Chain Analysis, 2016-2026 4.3. Regulatory framework 4.4. Water Pipeline Leak Detection Systems Market Impact Analysis 4.4.1. Market driver analysis 4.4.1.1. Increased Maintenance and Government Regulations for Pipeline Safety and Monitoring 4.4.1.2. Sustainability in resource usage 4.4.1.3. Internet of Things (IoT) Proving to Be Attractive in Pipeline Leak Detection 4.4.1.4. Rising Demand in Pipeline Monitoring Solutions due to Increased Pipeline Infrastructure 4.4.2. Market restraint analysis 4.4.2.1. Lack of Funds hinders the development of aging infrastructure 4.4.2.2. Lack of Concerns About Monitoring Systems Implementation by Operators 4.5. Key opportunities prioritized 4.6. Water Pipeline Leak Detection Systems Pricing Analysis 4.7. Industry Analysis – Porter’s
Continued…
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