The market value of water pipeline leak detection systems market is $1,484.3 million in 2020. The decline is mainly due to the COVID-19 pandemic and the lockdown imposed by various countries.
The water pipeline leak detection systems market size was $1,758.6 million in 2019 and is projected to reach $2,349.6 million in 2027, growing at a CAGR of 6.8% from 2020 to 2027.
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The forecast period considered for the water pipeline leak detection systems market is 2020 to 2027, wherein, 2019 is the base year, 2020 is the estimated year, and 2027 is the forecast year.
The base year considered in the water pipeline leak detection systems market is 2019.
The key trending market based on the end-user, in the water pipeline leak detection systems market, the non-residential segment.
The top ten market players are selected based on two key attributes - competitive strength and market positioning
On the basis of pipe material, the non-metallic segment is expected to be the most influencing segment growing in the water pipeline leak detection systems market report.
Based on the end user, in 2019, the non-residential segment generated the highest revenue, accounting for 66.5% of the market, and is projected to grow at a CAGR of 6.5% from 2020 to 2027.
The report contains an exclusive company profile section, where leading 10 companies in the market are profiled. These profiles typically covers company overview, geographical presence, and market dominance (in terms of revenue and volume sales).
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