Global Smart Leak Detection Solutions Market Share

Market Share of Global Smart Leak Detection Solutions Industry

The Global Smart Leak Detection Solutions Market is moderately competitive and consists of several major players such as Hermann Sewerin GmbH, SebaKMT (by Megger), Halma plc, Aquarius Spectrum, Xylem Inc. etc. In terms of market share, few of the major players currently dominate the market. However, with innovations and technological advancements, many of the companies are increasing their market presence by both organic and inorganic growth strategies and also by tapping new markets. Some of the recent developments in the market are:

• In February 2022, Aquarius Spectrum launched its new AQSense-Edge series of Cat-M/NB-IoT correlating sensors. The AQSense-Edge series supports all water supply pipe materials and diameters, distribution and transmission, and boasts the additional benefit of delivering extensive coverage with fewer sensors, typically up to 3 sensors per 1 km of piping.
• In May 2021, Big Sky, Montana installed a smart utility network from Sensus, a Xylem brand, to offer remote system monitoring that produces advanced leak detection and quick response to customer requirements. The technology investment combined Sensus iPERL residential water meters with the two-way FlexNet communication network and Sensus Analytics to bring in reliable, near-real-time data from across their service area.

Smart Leak Detection Solutions Market Leaders

1. Hermann Sewerin GmbH

2. SebaKMT (by Megger)

3. Halma plc

4. Aquarius Spectrum

5. Xylem Inc.

*Disclaimer: Major Players sorted in no particular order