Ductile Iron Pipes Segment to Dominate APAC Water Pipeline Leak Detection System Market During 2021–2028     

According to a new market research study on “APAC Water Pipeline Leak Detection System Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Offering, Equipment Type, Pipe Type, and End User,” is expected to reach US$ 601.95 million by 2028 from US$ 352.08 million in 2021. The market is estimated to grow at a CAGR of 8.0% from 2021 to 2028. The report provides trends prevailing in the APAC water pipeline leak detection system market   along with the drivers and restraints pertaining to the market growth. Burgeoning adoption of computerized systems and digital survey systems and accentuating innovation in leak detection technology are the major factor driving the growth of the APAC water pipeline leak detection system market. However, high cost of water pipeline leak detection systems hinders the growth of APAC water pipeline leak detection system 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.

The APAC water pipeline leak detection system market is segmented on the basis of offering, equipment type, pipe type, end user, and country. Based on offering, the market is segmented as hardware and software and services. The hardware segment dominated the market in 2020 and software and services segment is expected to be fastest growing during forecast period. On the basis of equipment type, the market is segmented as acoustic and non-acoustic. The acoustic segment dominated the market in 2020 and same segment is expected to be fastest growing during forecast period. Further, based on pipe type, the market is segment as plastic pipes, ductile iron pipes, stainless steel pipes, and others. The ductile iron pipes segment dominated the market in 2020 and same segment is expected to be fastest growing during forecast period. Furthermore, on the basis on end user, the market is segmented as residential and non-residential. The non-residential segment dominated the market in 2020 and residential segment is expected to be fastest growing during forecast period. Based on country, the market is segmented into China, India, Japan, South Korea, Australia, and rest of APAC.     

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 the leading companies in the APAC water pipeline leak detection system market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, Primayer and Servelec Technologies announced it renaming to Ovarro. 

APAC Water Pipeline Leak Detection System Market, By Country, 2020 and 2028 (%)

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