China Leak Detection And Repair Market Size & Outlook
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China leak detection and repair market highlights
- The China leak detection and repair market generated a revenue of USD 1,097.0 million in 2023 and is expected to reach USD 1,440.9 million by 2030.
- The China market is expected to grow at a CAGR of 4% from 2024 to 2030.
- In terms of segment, services was the largest revenue generating component in 2023.
- Equipment is the most lucrative component segment registering the fastest growth during the forecast period.
Leak detection and repair market data book summary
| Market revenue in 2023 | USD 1,097.0 million |
| Market revenue in 2030 | USD 1,440.9 million |
| Growth rate | 4% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Equipment |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Equipment, Services |
| Key market players worldwide | Aeris, International Business Machines Corp, Palo Alto Networks Inc, Honeywell International Inc, PrecisionHawk, Worley Ltd, Ball Corp, Patterson Companies Inc, Eagle Materials Inc, AECOM, Guardian Capital Group Ltd, ABB Ltd, McDermott International Ltd Ordinary Shares, Team Inc, Arsenal Digital Holdings Inc, Kairos Minerals Ltd |
Other key industry trends
- In terms of revenue, China accounted for 5.4% of the global leak detection and repair market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China leak detection and repair market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 668.8 million by 2030.
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Leak Detection And Repair Market Scope
Leak Detection And Repair Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Arsenal Digital Holdings Inc | View profile | 1 | 2925 Richmond Avenue, Suite 1550, Houston, TX, United States, 77098 | |
| Team Inc | View profile | 5400 | 13131 Dairy Ashford, Suite 600, Sugar Land, TX, United States, 77478 | https://www.teaminc.com |
| McDermott International Ltd Ordinary Shares | View profile | - | 915 N. Eldridge Parkway, Houston, TX, United States, 77079 | https://www.mcdermott.com |
| Worley Ltd | View profile | 48223 | 141 Walker Street, Level 17, North Sydney, Sydney, NSW, Australia, 2060 | https://www.worley.com |
| Kairos Minerals Ltd | View profile | 4 | 100 Railway Road, Suite 12, Level 1, West Perth, Daglish, WA, Australia, 6008 | https://www.kairosminerals.com.au |
| PrecisionHawk | View profile | 101-250 | Raleigh, North Carolina, United States, North America | http://precisionhawk.com |
| Aeris | View profile | 251-500 | San Jose, California, United States, North America | http://www.aeris.com |
| Eagle Materials Inc | View profile | 2500 | 5960 Berkshire Lane, Suite 900, Dallas, TX, United States, 75225 | https://www.eaglematerials.com |
| AECOM | View profile | 52000 | 13355 Noel Road, Suite 400, Dallas, TX, United States, 75240 | https://www.aecom.com |
| Palo Alto Networks Inc | View profile | 15166 | 3000 Tannery Way, Santa Clara, CA, United States, 95054 | https://www.paloaltonetworks.com |
| Guardian Capital Group Ltd | View profile | 359 | Commerce Court West, Suite 3100, P.O. Box 201, Toronto, ON, Canada, M5L 1E8 | https://www.guardiancapital.com |
| Ball Corp | View profile | 21000 | 9200 West 108th Circle, Westminster, CO, United States, 80021 | https://www.ball.com |
| Patterson Companies Inc | View profile | 7600 | 1031 Mendota Heights Road, Saint Paul, MN, United States, 55120 | https://www.pattersoncompanies.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
China leak detection and repair market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to leak detection and repair market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 62.96% in 2023. Horizon Databook has segmented the China leak detection and repair market based on equipment, services covering the revenue growth of each sub-segment from 2017 to 2030.
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Target buyers of China leak detection and repair market databook
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Our clientele includes a mix of leak detection and repair market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China leak detection and repair market , including forecasts for subscribers. This country databook contains high-level insights into China leak detection and repair market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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China leak detection and repair market size, by component, 2017-2030 (US$M)
China Leak Detection And Repair Market Outlook Share, 2023 & 2030 (US$M)
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