Global Leak Tester Market


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Uploaded on Mar 23, 2021

Category Technology

According to the recent market research report published by Growth Market Reports titled, “Global Leak Tester Market by Types, Applications, and Regions: Size, Share, Trends, and Opportunity Analysis, 2019-2027”, the global market was valued at USD 427.9 Million in 2019 and is estimated to expand at a CAGR of 9.5% between 2020 and 2027.

Category Technology

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Global Leak Tester Market

REPORT STORE  BLOG PRESS-RELEASE ABOUT US FAQ CONTACT-US E C B 0 Home  Engineering, Equipment & Machinery  Global Leak Test er Market is Ant icipat ed t o Reach a Valuat ion of Over U SD 829.4 Million by 2027 Aerospace & Defense  Automotive & Logistics  Global Leak Tester Market is Anticipated to Reach a Valuation of Over USD 829.4 Million by 2027 BFSI   Engineering, Equipment & Machinery  19 Nov. 2020  Growth Market Reports Construction & Manufacturing  According to the recent market research report published by Growth Market Reports fitled, “Global Leak Tester Market by Types, Applicafions, Consumer Goods  and Regions: Size, Share, Trends, and Opportunity Analysis, 2019-2027”, the global market was valued at USD 427.9 Million in 2019 and is Energy & Power  esfimated to expand at a CAGR of 9.5% between 2020 and 2027. Food & Beverage  Increasing usage of leak tester in various fields, such as automofive, manufacturing, packaging, and healthcare is anficipated to drive the global Healthcare  leak tester market. Leak tester are capable of performing numerous industry specific tests such as electronic gas detecfion, colorimetric development, bubble tesfing, mass flow, mass spectrometry, hydrogen leak detecfion, and ultrasonic leak tesfing. ICT, Semiconductor & Electronics Materials & Chemicals  The global leak tester market is driven by the increase in investments in offshore energy resources. Moreover, rising demand for proper leak detecfion between industries to avoid possible disasters and accidents is creafing growth opportunifies in the global leak tester market. Addifionally, growing demand for effecfive leak tesfing techniques to prevent future disasters and incidents and increasing implementafion of strict government protecfion regulafions are expected to further propel the market. Request a free sample copy: https://growthmarketreports.com/request-sample/106 Leak tesfing is a method used to idenfify manufacturing defects that help verify product integrity and improve consumer protecfion. For example, the automofive industry consistently uses leak tester to ensure that assembly operafions have been efficiently performed and subcomponents are leak-free. As per the Growth Market Reports industry analyst Vidya Jadhav, “The global leak tester market is anficipated to grow significantly during the forecast period, from 2020-2027. A significant number of automofive manufacturers across the globe rely on high quality leak test equipment to detect flaws in automofive components or goods. Manufacturing faulty goods can prove costly, as they result increased the claims for warranty and a threat to public safety. Leak Tester are implemented for robust leak tesfing procedures by government agencies and other industries with sensifive work environments. This is expected to propel the market in the coming years.” Key Takeaways from the Study: Based on the applicafions, the leak tester market is segmented into industrial, automofive, medical, HVAC/R, laboratories, and energy. Several new end use industries are anficipated to increase its adopfion for leak tester. Some prominent of them being aerospace & defense and power & energy industries. The automofive segment is projected to expand at a CAGR of more than 7% during the forecast period. North America is home to well-established manufacturers of leak tester such as Uson, L.P., Vacuum Instruments Corporafion, LLC, ATEQ Corp., InterTech Producfion Company, and LACO Technologies. The adopfion of leak tester is high in North America due to confinuous growth of the automofive industry. Several companies across the US are innovafing new generafion leak tester to meet the needs of different industries. In November 2017, Uson L.P., announced the launch of a novel industrial grade 628, disparity pressure decay leak tester. Car manufacturers rely on high-quality leak test equipment to detect product or automofive part faults, such as power steering, engine blocks, brakes, and pollufion control. The defects present in the manufacturing process lead to safety concerns and increases warranty claims. Report Scope: Report Metric Details Market Value in 2019 US$ 427.9 Million Market Growth Rate (from 2019 to 2027) 9.5% Historical Data 2017 & 2018 Base Year 2019 Forecast Period 2020 – 2027 Units Considered Value (US$ Million) & Volume (Units) QUICK LINKS POPULAR CATEGORIES CONTACTS KEEP IN TOUCH Market Segments Types, Applicafions, and Regions About Us Aerospace & Defense  1sNt oFrlothor A, Kmaelpriacvar,u Ekusrhoap Oe,ffi Acseia NPaoc 1ifi,c, Lafin America, Regional Scope Your email and Middle East & Africa  Lezyne, Topeak, Blackburn, Bell, Schwinn, Intex,Faq Key Companies Profiled Giant, Giyo, Silca, Specialized, BioLogic (Mobility Consumer Goods Holdings, Ltd.), Campagnolo, DT Swiss, and ZEFAL GK Lane Number 3, Ingawale Nagar, Customizafion Scope Report customizafion available on request Avail tailor-made purchase opfions to meet your Pricing and Purchase Opfions Press Release research requirements. Target Audience: Energy & Power Supply-side: Leak tester manufacturers, leak tester OEMs Pimple Nilakh, Pune, Maharashtra CONNECT WITH US 411027 My account Healthcare Blog ICT, Semiconductor & Electronics  +1 909 545 6473 Contact Us Materials & Chemicals  [email protected] WE ACCEPT How to order R e f u n d a n d C a n c e l l a t i o n B e c o m e A R e s e l l e r Terms and conditions | Privacy | Growth Market Reports is Product of YOAAP Media Services LLP. Demand Side: Oil & gas companies, industrial producfion companies, automofive companies, medical insfitutes & research laboratories Regulatory Side: Environmental protecfion agencies Associafions and Industry Bodies: Internafional Canine Spill & Leak Detecfion Associafion, United States Environmental Protecfion Agency, Nafional Renewable Energy Laboratory QUICK LINKS POPULAR CATEGORIES CONTACT S KEEP IN TOUCH About Aerospace &  1st Floor, Kalpavruksha O ffi c e No 1, GK Your email  Us Faq Defense Consumer Lane Number 3, Ingawale Nagar, Press Goods Energy & Pimple Nilakh, Pune, Maharashtra CONNECT WITH US Release Power Healthcare 411027 My account ICT, Semiconductor &  +1 909 545 6473 Blog Electronics Materials &  [email protected] WE ACCEPT Contact Us Chemicals How to order Refund and Cancellation Become A Reseller Terms and conditions | Privacy | Growth Market Reports is Product of YOAAP Media Services LLP.