Leak Testers Market

The global Leak Testers market was valued at 28.34 Million USD in 2021 and will grow with a CAGR of 3.84% from 2021 to 2027, based on newly published report.

The prime objective of Leak Testers Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Leak Testers Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.

By Market Verdors:

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

By Types:

Portable Leak Tester

Compact Leak Tester

Stationary Leak Tester

By Applications:

Industrial

Automotive

Medical

HVAC/R

Laboratories

Energy

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

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To understand the future outlook and prospects for the market.

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