Global Leak Detection And Repair Market Size & Outlook
The leak detection and repair industry worldwide is expected to reach a projected revenue of US$ 27,887.7 million by 2030. A compound annual growth rate of 4.5% is expected of the worldwide leak detection and repair industry from 2024 to 2030.
Revenue, 2023 (US$M)
$20,472.8
Forecast, 2030 (US$M)
$27,887.7
CAGR, 2024 - 2030
4.5%
Report Coverage
Worldwide
Global leak detection and repair market, 2017-2030 (US$M)
Related Markets
Global leak detection and repair market highlights
- The global leak detection and repair market generated a revenue of USD 20,472.8 million in 2023 and is expected to reach USD 27,887.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.5% by 2030.
- In terms of segment, services accounted for a revenue of USD 13,160.2 million in 2023.
- Equipment is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Russia is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 20,472.8 million |
| Market revenue in 2030 | USD 27,887.7 million |
| Growth rate | 4.5% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Equipment |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Equipment, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 53.5% of the global leak detection and repair market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Russia is the fastest growing regional market and is projected to reach USD 1,875.7 million by 2030.
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Leak Detection And Repair Market Scope
Leak detection and repair market segmentation & scope
Handheld Gas Detectors
UAV-Based Detectors
Vehicle-based Detectors
Manned Aircraft Detectors
Volatile Organic Compounds (VOC) Analyzer
Optical Gas Imaging (OGI)
Laser Absorption Spectroscopy
Ambient/Mobile Leak Monitoring
Acoustic Leak Detector
Audio-Visual-Olfactory Inspection
Leak Detection And Repair Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global leak detection and repair market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to leak detection and repair market will help companies and investors design strategic landscapes.
services was the largest segment with a revenue share of 64.28% in 2023. Horizon Databook has segmented the Global leak detection and repair market based on equipment, services covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Leak Detection And Repair Component Outlook (Revenue, USD Million, 2017-2030)
- Equipment
- Services
- Global Leak Detection And Repair Product Outlook (Revenue, USD Million, 2017-2030)
- Handheld Gas Detectors
- UAV-Based Detectors
- Vehicle-based Detectors
- Manned Aircraft Detectors
- Global Leak Detection And Repair Technology Outlook (Revenue, USD Million, 2017-2030)
- Volatile Organic Compounds (VOC) Analyzer
- Optical Gas Imaging (OGI)
- Laser Absorption Spectroscopy
- Ambient/Mobile Leak Monitoring
- Acoustic Leak Detector
- Audio-Visual-Olfactory Inspection
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Target buyers of Global leak detection and repair market databook
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Our clientele includes a mix of leak detection and repair market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global leak detection and repair market , including forecasts for subscribers. This global databook contains high-level insights into Global leak detection and repair market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global leak detection and repair market statistics, by region, 2017-2030 (US$M)
Top 10 countries: Leak detection and repair market size, 2023 (USD Million)
Top 10 countries: Leak detection and repair market size, 2023 (USD Million)
Global leak detection and repair market, by region, 2023 (US$M)
Related regional statistics
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