Valued to be $684 Million by 2026, Water Leakage Detector Systems Slated for Robust Growth Worldwide

SAN FRANCISCO, Sept. 16, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Water Leakage Detector Systems - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 6; Released: April 2021
Executive Pool: 18824
Companies: 42 - Players covered include 3M Company; ABB Group; Aquilar Ltd.; Badger Meter, Inc.; Gutermann AG; Halma PLC; Honeywell International, Inc.; Mueller Water Products, Inc.; NEC Corporation; Pentair PLC; Pure Technologies Ltd.; Schneider Electric SA; Siemens AG; SPX Corporation and Others.
Coverage: All major geographies and key segments
Segments: End-Use (Residential, Commercial, Water Supply Systems, Other End-Uses); Segment (Active Leak Detector Systems, Passive Leak Detector Systems)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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ABSTRACT-

Global Water Leakage Detector Systems Market to Reach $684 Million by 2026
Amid the COVID-19 crisis, the global market for Water Leakage Detector Systems estimated at US$521.3 Million in the year 2020, is projected to reach a revised size of US$684 Million by 2026, growing at a CAGR of 4.6% over the analysis period. Active Leak Detector Systems, one of the segments analyzed in the report, is projected to record a 4.5% CAGR and reach US$483.3 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Passive Leak Detector Systems segment is readjusted to a revised 4.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $155.1 Million in 2021, While China is Forecast to Reach $120.1 Million by 2026
The Water Leakage Detector Systems market in the U.S. is estimated at US$155.1 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$120.1 Million by the year 2026 trailing a CAGR of 7.6% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 3.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR. More

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Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: ZA@StrategyR.com

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SOURCE Global Industry Analysts, Inc.