Leak Testers Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030 (Financial Impact Analysis)
ID : MRU_
22496 | Date :
Jan, 2023 | Pages :
192 | Region : Global |
Publisher : RI
Leak testing is a process used to detect manufacturing defects which helps verify the integrity of products and improve consumer safety. For example, the automotive industry consistently uses leak testing to verify that assembly operations were completed properly and subcomponents are leak free.
First, as for the global leak testers industry, the industry structure is relatively concentrated. The half market share in revenue is grasped by the top four manufacturers, ATEQ, INFICON, Cosmo Instruments, and VIC Leak Detection, which closes to 49 per cent totally in 2015. The France giant ATEQ, which has 18.88% revenue market share in 2015, is the leader in the leak testers industry. The manufacturers following ATEQ are INFICON and Cosmo Instruments, which respectively has 14.16% and 7.67% market share globally. The Changzhou Changce is the leader of China leak testers industry. It sells a total of 2.87 million dollar leak tester products in the year of 2015
Second, the global consumption of leak tester products rises up from 33 K units in 2011 to 40.5 K units in 2015, with an average annual growth rate of 4.8%. At the same time, the revenue of world leak tester sales market has a leap from 212 million dollar to 252 million dollar. The reason causes this increase is the growing demand for the leak testers products, which is the outcome of the downstream industries are in a good situation.
Third, the downstream industries of leak tester products are automotive, consumer goods, energy, HVAC/R, medical and military. In the recent years, with the recovery of global economic, the development of emerging countries and the raising awareness of product quality, the consumption increase of leak testers will be obvious. In the foreseeable future, the leak tester products will show an optimistic upward trend.
Finally, although sales of leak tester products bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the leak testers field hastily.
The Global Leak Testers Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
In the global Leak Testers Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
ATEQ
INFICON
Cosmo Instruments
VIC Leak Detection
Uson
Hermann Sewerin
TASI
InterTech
AFRISO
Pfeiffer Vacuum
Bacharach
Tecna srl
CETA
Changzhou Changce
Kane International
Rothenberger
HAIRUISI
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Portable Leak Tester
Compact Leak Tester
Stationary Leak Tester In Market segmentation by applications :
Industrial
Automotive
Medical
HVAC/R
Laboratories
Energy
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Leak Testers Market for the forecast period 2023 - 2030?
• What are the driving forces in the Leak Testers Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Leak Testers industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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