Arab & Middle East News
(ARABNEWSWIRE.COM, September 20, 2018 ) Smart leak detectors are used to detect leak in the situation, the most common used products are water leak detectors. When the sensor is tripped, a signal is sent back to people.
In the coming years there is an increasing demand for smart leak detectors in the regions of North America and Europe that is expected to drive the market for more advanced smart leak detectors. Increasing of residential and commercial used fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of smart leak detectors of APAC will drive growth of the market.
Globally, the smart leak detectors industry market is not very concentrated as the manufacturing technology of smart leak detectors is relatively matures than some high-tech equipment. And some enterprises, like T Honeywell, FIBARO and Roost, Inc. etc. are well-known for the wonderful performance of their smart leak detectors and related services. At the same time, USA, occupied 30% revenue market share in 2017, is remarkable in the global smart leak detectors industry because of their market share and technology status of smart leak detectors.
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The consumption volume of smart leak detectors is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of smart leak detectors industry may not keep that fast. But it is surely forecasted that the market of smart leak detectors is still promising.
Over the next five years, It is projected that Smart Leak Detectors will register a 3.2% CAGR in terms of revenue, reach US$ 150 million by 2023, from US$ 120 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Smart Leak Detectors market by product type, application, key manufacturers and key regions.
To calculate the market size, It is considered value and volume generated from the sales of the following segments:
Segmentation by product type:
Wired Smart Leak Detectors
Wireless Smart Leak Detectors
Segmentation by application:
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
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Some Points From Table of Content:
1 Scope of the Report
2 Executive Summary
3 Global Smart Leak Detectors by Players
4 Smart Leak Detectors by Regions
8 Middle East & Africa
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