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developer sbm 09 June

Water pipeline leak detection equipment is widely being utilized for detecting and determining leak location in a pipeline. Various acoustic and non-acoustic devices are deployed for water pipeline leakage. Data is transmitted through various sensors and data collectors placed within the water pipeline network.

Global Leak Detection Market was valued at USD 2.28 billion in 2021 and is expected to reach USD 4.41 billion by 2029, registering a CAGR of 8.60% during the forecast period of 2022-2029. Handheld Gas Detectors accounts for the largest component segment in the respective market owing to the rise in in demand among oil and gas companies. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

The term leak or leakage means an unintended crack, hole or porosity in an enveloping wall or joint of the pipes, batteries, sealed products, chambers or storage containers that must contain/transfer different fluids and gases. These cracks or holes allow the escape of fluids and gases from a closed medium.

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