Kenneth Research released a report on Global Water Leakage Detector Systems Market that consists detailed analysis and industry insights for the forecast period, i.e. 2022-2031. On the basis of analysis of the market value and calculation of the CAGR during the forecast period, the latest trends and business opportunities in the market are discussed in the report.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical/Energy industries, creating a huge demand for products.
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Moreover, the ICT services sector is predicted to be ten times larger than that of ICT manufacturing. On the other hand, the ICT services consist of computer programming, consultancy and related activities, along with telecommunication activities, out of which the former held about 49.1% share while the latter held around 30.3% share in the year 2017. These factors are estimated to impact positively towards the growth of the market in the next few years.
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 main contents of the report including:
Global market size and forecast
Regional market size, production data and export & import
Key manufacturers profile, products & services, sales data of business
Global market size by Major End-Use
Global market size by Major Type
Key manufacturers are included based on company profile, sales data and product specifications etc.:
*Raychem (Tyco)
*TTK Leak Detection
*TATSUTA
*Waxman Consumer Products Group
*Aqualeak Detection
*RLE Technologies
*Envirotech Alarms
*Dorlen Products
*Honeywell
*Siemens
Major applications as follows:
*Offices
*Hotels
*Museums
*Computer Rooms
*Data Centers
*Plant
*Home
*Archive Facilities
*Financial Institution
*Others
Major Type as follows:
*Positioning Water Leakage Detector Systems
*Non-positioning Water Leakage Detector Systems
Regional market sizeRegional market size, production data and export & import:
*Asia-Pacific
*North America
*Europe
*South America
*Middle East & Africa
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