Global Water Leakage Detector Systems Market Growth 2019-2024

Leaks in offices, hotels, museums, computer rooms, data centers or other commercial buildings can damage property, data, or customer goodwill. Water leak detection can either be done by periodically checking the areas and components of the house's plumbing system or by installing a commercially available water leak detection device.
The Water Leakage Detector Systems industry concentration is not high. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Global leading companies such as Raychem (Tyco) who prefer setting up factories directly into aimed market, and taking own sales department to expand market. The giant companies are more likely to set their own big agents in some major countries taking charge of regional business building their international market position.
Asia-Pacific is the largest consumption region of Water Leakage Detector Systems, with a consumption market share nearly 40.20% in 2017. The second place is Europe; following Asia-Pacific with the consumption market share over 24.76% in 2017.

According to this study, over the next five years the Water Leakage Detector Systems market will register a 4.9% CAGR in terms of revenue, the global market size will reach US$ 660 million by 2024, from US$ 500 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Water Leakage Detector Systems business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Water Leakage Detector Systems market by product type, application, key manufacturers and key regions and countries.

This study considers the Water Leakage Detector Systems value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Positioning Water Leakage Detector Systems
Non-positioning Water Leakage Detector Systems
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Offices
Hotels
Museums
Computer Rooms
Data Centers
Plant
Home
Archive Facilities
Financial Institution
Other

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Raychem (Tyco)
TTK Leak Detection
TATSUTA
Waxman Consumer Products Group
Aqualeak Detection
RLE Technologies
Envirotech Alarms
Dorlen Products
Honeywell
Siemens

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Water Leakage Detector Systems consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Water Leakage Detector Systems market by identifying its various subsegments.
Focuses on the key global Water Leakage Detector Systems manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Water Leakage Detector Systems with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Water Leakage Detector Systems submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.