Leak Test Equipment Market 2018- Revenue, Price and Gross Margin Research Report 2025

Industry Outlook and Trend Analysis

The Leak Test Equipment Market has encountered significant development in the recent years and is foreseen to grow tremendously over the forecast period. Leak testing is a procedure used to recognize fabricating defects which checks the integrity of products and enhance the safety of the buyer. For instance, the automotive sector reliably uses leak testing to confirm that get assembly operations were completed appropriately and subcomponents are leak free. The choice of the detection process relies upon which method is ideal for the current framework.  When systems incorporate a metallic containment, leaks may happen because of the encasing material becoming corroded. Thusly, spill testing may likewise bring about the identification of a corrosion issue.

Component Outlook and Trend Analysis

Based on components, the worldwide leak test equipment market is bifurcated into software, hardware, and services. The services fragment is anticipated to grow significantly over the forecast period. The calibration sub-fragment of the services portion is foreseen to extend at a critical CAGR amid the estimate time frame.  The leak test equipment must be calibrated, as it helps in comprehending the rate of spillage. Moreover, calibration services are exceedingly imperative, as they enable break to test gear to comply with industry standards as well as leak tightness specification.

Equipment Type Outlook and Trend Analysis

The portable equipment type segment is anticipated to hold a higher share of the market, attributable to the increasing demand for portable leak test equipment. The portable leak test equipment can be used for leak detection both, on location, i.e., on the premises of the organization, and over an assortment of remote areas around the world. Various well-established players are observing a rise in demand for the portable type leak test equipment.

End User Outlook and Trend Analysis

An expansive number of automotive manufacturers around the world depend on higher quality leak test equipment to discover defects in the automotive components including engine blocks, brakes, power steering, and emission control. Manufacturing defective products can be expensive, as it brings about expanding warranty claims and imperilling safety of the buyer.

Regional Outlook and Trend Analysis

North America is anticipated to hold a higher share of the leak test equipment market amid the figure time frame. The extension is because of the existence of well-established players over the locale, particularly over the U.S. and Canada. The market in Europe is anticipated to grow at a critical CAGR amid the figure time frame. The extension is credited to the lawful activities taken by the European Union to decrease the overall leakage.

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Competitive Insights

The leading players in the market are ATEQ Corp, Inficon, CETA Testsysteme GmbH, LACO Technologies Inc, Uson, InterTech Development Company and Vacuum Instruments Corporation. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

The Leak Test Equipment Market is segmented as follows-

By Component:

  • Hardware
  • Software
  • Services

By Equipment Type:

  • Fixed
  • Portable

By End User:

  • Automotive & Transportation
  • Packaging
  • HVAC/R
  • Medical & Pharmaceutical
  • Industrial
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • India
    • Southeast Asia
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Columbia
    • South Africa
    • Rest of South America
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Nigeria
    • South Africa
    • Rest of MEA

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Table of Contents

1. Introduction

1.1. Report Description

1.2. Research Methodology

1.2.1. Secondary Research

1.2.2. Primary Research

2. Executive Summary

2.1. Key Highlights

3. Market Overview

3.1. Introduction

3.1.1. Market Definition

3.1.2. Market Segmentation

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities

4. Market Analysis by Regions

4.1. North America (United States, Canada and Mexico)

4.1.1. United States Market States and Outlook (2014-2023)

4.1.2. Canada Market States and Outlook (2014-2023)

4.1.3. Mexico Market States and Outlook (2014-2023)

4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

4.2.1. Germany Market States and Outlook (2014-2023)

4.2.2. France Market States and Outlook (2014-2023)

4.2.3. UK Market States and Outlook (2014-2023)

4.2.4. Russia Market States and Outlook (2014-2023)

4.2.5. Italy Market States and Outlook (2014-2023)

4.2.6. Rest of Europe Market States and Outlook (2014-2023)

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