Leak Test Equipment Market Size, Share, Industry, Forecast and Outlook (2024-2031)

Global Leak Test Equipment Market is segmented By Technology (Detectors, Sensors, Accessories, Others), By Equipment (Fixed, Portable), By Application (Oil & Gas, Medical Devices, Pharmaceuticals, Automotive, Consumer Electronics, Transportation/Agriculture, Consumer/White Goods, Industrial), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Size, Share, Outlook, and Opportunity Analysis, 2023-2030

Leak Test Equipment Market Overview

Global Leak Test Equipment Market reached USD 692.5 million in 2022 and is expected to reach USD 1,211.7 million by 2030, growing with a CAGR of 7.2% during the forecast period 2023-2030.

The leak test equipment market is expected to grow with new technology advancements, driven by the imperative to ensure safe and reliable transportation of hydrocarbon fluids while preventing environmental disasters and financial losses. Sensor technology has evolved significantly, featuring higher sensitivity, accuracy and quicker response times. The incorporation of IoT enables remote monitoring of pipelines, transmitting real-time data to central control centers for rapid leak detection.

Furthermore, these advancements encompass a range of cutting-edge technologies that have transformed the field. “innomatec”, a leader in leak testing, flow measurement and functional testing solutions, has unveiled its latest innovation, the LTC-802 M-Performance. This cutting-edge leak testing solution promises to revolutionize quality assurance processes for companies by substantially reducing testing times and enhancing production cycles.

The expansion of pipelines in the Asia-Pacific region, particularly in countries like China and Japan, providing an edge for the growth of leak test equipment market for oil and gas. China has been rapidly expanding its pipeline network to meet its energy demands. The China-Central Asia pipelines and other domestic pipelines have significantly increased the country's pipeline infrastructure. Japan has been investing in liquefied natural gas (LNG) import terminals and pipelines to diversify its energy sources and enhance energy security.

Leak Test Equipment Market Scope and Summary

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Leak Test Equipment Market Dynamics and Trends

Advancements in Testing Equipments

The growing leak test equipment market is expected to be driven by new technology advancements and innovative enhancements. Ultrasonic leak detection technology is at the forefront, offering high accuracy and efficiency in pinpointing leaks early on. The integration of high-speed data acquisition solutions, provided by companies like Advantech, facilitates real-time ultrasound pipeline monitoring by collecting substantial data volumes crucial for swift leak identification. 

The Rubin Design Bureau revealed their cutting-edge autonomous underwater vehicle (AUV) named Argus. Designed with versatility in mind, Argus serves a multitude of tasks crucial to offshore field exploration and development. With capabilities ranging from exploring subsea natural resources to collecting data on the water environment and seabed conditions, Argus is an invaluable asset. It aids offshore projects by swiftly identifying suitable pipeline laying areas and monitors the health of seabed equipment, detecting issues like oil or gas leaks, insulation damage and subsea pipeline shifts.

Growing of Oil and Gas Pipeline Infrastructure Worldwide

The leak test equipment market is growing with the rise in growth of the fuel market worldwide such as oil and gas, as it subsequently expands the fuel pipelines industry worldwide. According to IEA, the global push for low-emission hydrogen is gaining momentum, driven by the need to reduce carbon emissions in the energy sector. While hydrogen demand rebounded to 94 million tonnes in 2021, surpassing pre-pandemic levels, most of this increase was met by hydrogen generated from unabated fossil fuels, offering little climate mitigation benefit. 

Furthermore, the pipeline of projects aimed at producing low-emission hydrogen is expanding rapidly, showcasing a remarkable growth trajectory. If all these projects come to fruition, the world's capacity to generate hydrogen via electrolysis could surge to an impressive 290 gigawatts by 2030, a stark contrast to the mere 0.5 gigawatts recorded in 2021, indicates the growing market of leak test equipment's in fuel pipelines market.

Growing Automotive Industry Worldwide

The automotive industry's rapid growth in vehicle sales has significantly increased the demand for leak testing equipment. In the automotive industry, leak detection tests are conducted throughout the production process.The automotive industry relies on leak testing to meet emission standards, improve product quality and enhance safety measures. With the modernization of leak testing equipment, the automotive industry benefits from digital advancements that enhance efficiency and accuracy. 

Furthermore, according to TrendForce's data, in China, car sales reached a remarkable 26.9 million vehicle units in 2022, showcasing a year-on-year growth of 3.7%.India, with annual sales of 4.3 million vehicle units, surpassed Japan to become the world's third-largest car market for the first time. Indonesia also registered positive growth for the second consecutive year, rebounding to pre-pandemic levels.

Certain Environmental Impact of Leak Test Equipments

Leak testing practices, particularly those employing tracer gases like helium, hydrogen and sulfur hexafluoride, can give rise to significant negative environmental consequences. These tracer gases, though effective in detecting leaks, possess exceptionally high global warming potentials when released into the atmosphere. The sulfur hexafluoride has a global warming potential aroun 23K times greater than carbon dioxide over a century period. When these potent gases escape during leak testing, they contribute to the accumulation of greenhouse gases in the atmosphere, intensifying the effects of climate change. 

Furthermore, the production and transportation processes of these tracer gases also leave a substantial environmental footprint. The production of tracer gases often requires energy-intensive methods that consume significant resources and contribute to carbon emissions. The improper management of tracer gases from leak testing activities can undermine global efforts to mitigate environmental impacts and reduce carbon footprints.

Leak Test Equipment Market Segmentation Analysis

The global leak test equipment market is segmented based on technology, equipment, application and region.

12V/24VDC Fuel Transfer Pumps Lead with Technological Innovations

Leak detectors hold the largest market share in the leak testing equipment market driven by new technology enhancements and innovations. Diverse detection methods are at the forefront of this expansion. Industries deploy a spectrum of techniques, including chemical, pressure and acoustic methods. These approaches cater to specific types of leaks and substances. Advanced leak detectors often come equipped with digital interfaces, wireless connectivity and data logging capabilities, enabling remote monitoring and swift response to anomalies.

For instance, NFICON, a renowned global manufacturer specializing in leak testing devices and instruments, unveiled its latest innovation in leak detection technology, the ELT3000 PLUS electrolyte leak detector. This advanced device is an evolution of the ELT3000, incorporating groundbreaking enhancements that make it particularly suitable for high-throughput, quality-focused in-line leak testing of lithium-ion battery cells. The ELT3000 PLUS has been meticulously crafted to address the precise needs of leak-testing pre-filled lithium-ion and sodium-ion battery cells.

Gloabl Leak Test Equipment Market Geographical Share

Asia-Pacific Growth in Fuel Transfer Pump Market Amidst Rising Energy Demand

Asia-Pacific is the largest market in the leak test equipment industry with growing oil and gas pipeline infrastructure. According to Al Jazeera report, Asia-Pacific region accounts for about 16 percent of the world's pipelines, significant pipelines include the Eastern Siberia–Pacific Ocean Oil Pipeline, the West-East Gas Pipeline in China and the Moomba to Sydney Gas Pipeline in Australia. Planned expansions of pipelines worldwide amount to around 212,049 kilometers (131,761 miles) cost an estimated $1 trillion. China's expansion efforts stand out, with PipeChina becoming a major player in gas pipelines. 

Furthermore, the increasing demand for oil and gas infrastructure development in the Asia-Pacific region presents significant opportunities for the leak test equipment industry. According to the Ministry of Petroleum and Natural Gas report, in India, a National Gas Grid is being developed to ensure the equitable distribution of natural gas across the country. The existing 17,000-kilometer-long natural gas pipeline network is set to be expanded by an additional 15,500 kilometers to enhance the availability of natural gas across regions and promote economic and social progress.

Leak Test Equipment Market Companies

The major global players in the market include INFICON AG, ATEQ, Cincinnati Test Systems, Uson LP, InterTech Development Company, CETA Testsysteme GmbH, Vacuum Instrument Corporation LLC., LACO Technologies, Inc., Cincinnati Test Systems and Cosmo Instruments India Pvt. Ltd.

COVID-19 Impact on Leak Test Equipment Market

COVID-19 made a significant impact on the global leak test equipment market with disruption of global supply chains which resulted in shortage of critical components and delayed production, affecting the industry's ability to meet customer demands. Moreover, project delays and cancellations in industries like automotive and aerospace, coupled with reduced capital spending, led to decreased demand for leak test equipment. 

Furthermore, the outbreak resulted in widespread mobility limitations and economic disruptions which caused shifts in every sector. The implementation of lockdowns and travel constraints led to a notable reduction in the consumption of transportation fuels such as aviation fuel and gasoline which affected the leak test equipment market in oil and gas industry.

Russia-Ukraine War 

The Russia-Ukraine war made a significant impact on the leak test equipment market and the wider logistics industry. This conflict has resulted in disruptions to the global supply chain which causes a notable effect that influences various aspects of the leak test equipment market. the supply chain disruptions and closures of ports due to the war have led to increased freight charges, container shortages and reduced availability of warehousing space. 

The surge in energy prices, especially in oil and gas, raises operational costs for the entire industry, including manufacturing, transportation and distribution. This increase in costs could potentially impact the pricing and affordability of leak test equipment, as manufacturers may need to account for higher input costs. These disruptions have affected the timely delivery of components and equipment required for leak testing systems, leading to delays in manufacturing and distribution.

Key Developments

• In July 2023, Tema Sinergie introduced a new automatic glove leak testing system called AGLTS 2, specifically designed for the pharmaceutical industry. This system represents an evolution from their earlier automatic glove testing system, inheriting its features and stability while also offering significant advancements.
• In July 2023, the Dubai Electricity and Water Authority (DEWA) introduced an innovative smart facility through its Research and Development (R&D) Centre, aimed at simulating diverse scenarios of water leakage in transmission pipelines. This cutting-edge facility facilitates the assessment, enhancement and experimentation of novel leak detection methods. Employing a combination of software and hardware grounded in the Internet of Things (IoT) framework, the facility enables comprehensive remote monitoring and control.
• In May 2023, ION Science unveiled its latest gas leak detection innovation, the Panther gas leak detector. This advanced device, boasting double the sensitivity of its predecessor, GasCheck G, is set to revolutionize the gas leak detection market.

Why Purchase the Report?

• To visualize the global leak test equipment market segmentation based on technology, equipment, application and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development. 
• Excel data sheet with numerous data points of leak test equipment market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.

The global leak test equipment market report would provide approximately 62 tables, 61 figures and 186 Pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies