North American Market Forecasts
The air leak testing market in the North American is anticipated to hold the highest growth rate of 35% during the forecast period. Due to the growing demand for air leak testing services in North America, there has been strong growth in this market. In the manufacturing and industrial sectors, this is due to the need to improve safety and quality assurance. In addition, the need for air leak testing services is being driven by growing demand for energy efficiency as well as compliance with environmental regulations. The North American energy efficiency investment is anticipated to grow by 15% between 2015 to 2022. The increasing adoption of advanced technologies such as automated leak testing systems and digital leak detection systems is also contributing to the North American air leak testing market. The costs and efficiency of the air leakage testing process have been reduced by these technologies. In addition, the North American market is also being driven by growing demand for air leak testing services in the car and aircraft industries.
APAC Market Statistics
The air leak testing market in the Asia Pacific is projected to hold a significant share during the estimated period. Due to the increasing demand for air leak testing services in the Asia Pacific region, the market is experiencing significant growth. The need for improved safety and quality assurance in the manufacturing and industrial sectors is a factor driving this. An estimated 1.2 million fatalities and 55 million lost healthy years are attributed to work-related diseases and injuries across Asia and the Pacific region. To improve the accuracy and efficiency of the testing process, the region is also experiencing an increase in the number of companies offering air leak testing services and the development of new technologies and techniques. With countries such as China, Japan, South Korea, and India at the forefront of industrial production, the Asia-Pacific region is a major manufacturing hub. In sectors requiring air leakage testing, for example in the automotive industry, electronics production, and healthcare sector, these countries have an important presence.
Author Credits: Richa Gupta
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?