Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Leak Testers Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 3.7% during the review period (2022 to 2027).
Leak testing is a method or a process that is used to detect defects in manufacturing process which helps in verifying the integrity of products and improve consumer safety. For instance, in automobile industry leak testing is done regularly in order to verify whether the assembly operations were completed properly or not and that subcomponents are leak free. There are several leak testers in the market like gas leak testers, liquid leak testers etc.
The expanding oil & gas, chemical, petrochemical, energy, automotive, and various other industries are projected to contribute to the global market development significantly over the forecast years. The surging need to implement efficient leak detection systems across industries, growing investments in off-shore energy resources, increasing incidence of industrial accidents and disasters, and the imposition of stringent government regulations for workers’ safety are some of the predominant factors bolstering the growth of this market. Rapid industrialization, burgeoning industrial and commercial activities in the emerging economies and technological enhancements in leak detection techniques are the other pivotal factors fueling the global market expansion.
Top Key players in the Leak Testers Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Leak Testers Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes ATEQ, INFICON, Cosmo Instruments, VIC Leak Detection, Uson, Hermann Sewerin, TASI, InterTech, AFRISO, Pfeiffer Vacuum, Bacharach, Tecna srl, CETA, Changzhou Changce, Kane International, Rothenberger, HAIRUISI, Honeywell International Inc., Siemens AG, Clampon AS, FLIR Systems, Inc., PSI AG, Schneider Electric S.E, Perma-Pipe, Inc., Bacharach, Uson, ATEQ, Pure Technologies Limited, INFICON, Krohne Messtechnik GmbH, Pentair Ltd. and others.
Global Leak Testers Market research provides a detailed Analytical Insights of global market size, regional and country-level scope, segmentation wise growth, global share, Competition Scenario, sales analysis, impact global market players on domestic players, value chain optimization, trade regulations, Latest developments, future opportunities, product launches, expanding marketplaces, and New technological innovations.
March 29, 2021:Inficon Introduces Handheld Leak Detector with Hydrogen Sensor
Detroit-based Inficon, which creates leak-detection technology for the auto industry, has introduced a handheld probe equipped with a hydrogen sensor.The Strix sensor and hand probe are suited for leak testing a range of automotive systems and components including engine assemblies, air-conditioning systems, battery cases, brake lines, and fuel systems.
Leak Testers Market is segmented based on the type, applications, companies and regions.
Based On The Product Type:
Based On Technology:
Based On Application:
North America held a major share of the global leak tester market. The high market share is due to the presence of well-established players in the U.S. and Canada. North America is home to players, including ATEQ Corporation, Vacuum Instruments Corporation, InterTech Development Company, and LACO Technologies, who work in the leak tester market. Additionally, the adoption of leak tests in North America is high due to the steady growth of the automotive industry in the region.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 3.7% during the review period (2022 to 2027). |
By Type | Based On The Product Type:
Based On Technology:
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By Application |
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By Companies | ATEQ, INFICON, Cosmo Instruments, VIC Leak Detection, Uson, Hermann Sewerin, TASI, InterTech, AFRISO, Pfeiffer Vacuum, Bacharach, Tecna srl, CETA, Changzhou Changce, Kane International, Rothenberger, HAIRUISI, Honeywell International Inc., Siemens AG, Clampon AS, FLIR Systems, Inc., PSI AG, Schneider Electric S.E, Perma-Pipe, Inc., Bacharach, Uson, ATEQ, Pure Technologies Limited, INFICON, Krohne Messtechnik GmbH, Pentair Ltd. and others. |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 123 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Leak Testers Market is studied from 2017 - 2027.
What is the growth rate of Leak Testers Market?
The Leak Testers Market is growing at a CAGR of 3.7% over the next 5 years.
Who are the leading key players in Leak Testers Market?
ATEQ, INFICON, Cosmo Instruments, VIC Leak Detection, Uson, Hermann Sewerin, TASI, InterTech, AFRISO, Pfeiffer Vacuum, Bacharach, Tecna srl, CETA, Changzhou Changce, Kane International, Rothenberger, HAIRUISI, Honeywell International Inc., Siemens AG, Clampon AS, FLIR Systems, Inc., PSI AG, Schneider Electric S.E, Perma-Pipe, Inc., Bacharach, Uson, ATEQ, Pure Technologies Limited, INFICON, Krohne Messtechnik GmbH, Pentair Ltd. and others.
What regions regions does this Leak Testers Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant product types of Leak Testers Market?
Compact Leak Testers, Stationary Leak Testers, Portable Leak Testers
What are the significant Applications of Leak Testers Market?
Oil & Gas Refineries, Chemical Plants, Water Treatment Plants, Automotive, Thermal Power Plants, Laboratories, HVAC/R, Energy Sector, Others
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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