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.
The report offers detailed coverage of Leak Testers industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Leak Testers by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Leak Testers market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Leak Testers market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
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
At the same time, we classify Leak Testers according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Portable Leak Tester
Compact Leak Tester
Stationary Leak Tester
Market by Application
Industrial
Automotive
Medical
HVAC/R
Laboratories
Energy
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Leak Testers market for the forecast period 2021 - 2025?
• What are the driving forces in the Leak Testers market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Leak Testers industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?