Market Size of Global Leak Test Equipment Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | > 6.50 % |
Fastest Growing Market | North America |
Largest Market | Asia-Pacific |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Leak Test Equipment Market Analysis
The Leak Test Equipment Market is expected to grow at a CAGR of more than 6.5% during the forecast period.
- A sudden outbreak of the COVID-19 pandemic led to the implementation of stringent lockdown regulations across several nations resulting in disruptions in the import and export activities of Leak Test Equipment.
- Medical device manufacturers continue to increase the expectations of their quality standards in order to decrease and minimize risk. Therefore, medical device leak testing is of the utmost importance. Medical devices are unlike the majority of other mass-produced products. Blood filters, catheters, syringes, ventilator tubes, and other devices must meet strict FDA criteria to be put into the market and sold. Today, the most common form of leak testing for medical devices is done through an automated air leak test using air-pressure decay, vacuum decay, or mass flow testing.
- Leaks are never good, they are even worse if you're flying in an aircraft at 40,000 feet. Fuel systems, engines, landing gear, ventilation systems and other aerospace devices that rely on numerous tanks, pumps, actuators, lines and fittings must be tested for tightness during both assembly and maintenance applications. Fighters, jetliners, cropdusters, helicopters, satellites, rockets and other things that fly are prone to many types of gas and liquid leaks. That's why aerospace manufacturers require high levels of quality certifications with leak testing equipment, such as ISO 9001 and AS9100, in addition to safety certifications, such as UL 913. Many companies are also subject to stringent standards, such as MIL-STD-750, Method 1071, which covers hermetic seals, and IP67, which covers leak tight enclosures.
- Maximising the shelf life for packaged foods is a continuous challenge for manufacturers. This is because most of the perishable food items are moisture and oxygen-sensitive and even a minor tampering with the packaging can ruin the product. Ensuring seal and package integrity are very critical in the food industry, especially when perishable foods such as salad packs, baked goods, snacks, milk powder and pet food are concerned. Any leakage allows the ingress of organic substance such as oxygen, air or moisture that accelerate the decomposition of the products. Therefore, it is essential to ensure that packages are properly tested for leaks to maximize the freshness and shelf life of perishable products.