Air Leak Testing Market: Dynamics
The air leak testing equipments are used in wide range applications like automotive and transportation, medical and pharmaceuticals, packaging, defense, power and energy. The significant expansion in global automotive and transportation industry is expected to drive the global air leak testing market. A large number of automotive manufacturers rely on high quality air leak testing equipments to find the defects in automotive components and products. Air leak testing equipments have significant advantages like time saving, work saving, quality improvement and cost reduction over other leak testing methods.
Air leak testing procedures can be fully or partially automatic, are easy to use and special training for air leak testing is not required. Maintenance requirement for air leak testing is minimum. Using air leak testing procedures defect rate can be reduced and leak measurement data can be used in statistical processing for future product improvements. All these features of air leak testing are leading to growth in the air leak testing market.
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Helium gas is used as a tracer gas in air leak testing equipments. However the rising cost of helium gas and worldwide shortage of helium supply are the factors restraining the growth in global air leak testing equipment market.
Air Leak Testing: Market Participants
Some of the market participants of air leak testing market are Inficon, ATEQ Corp, CETA TESTSYSTEME GmbH, Cosmo Instruments Co., Ltd, InterTech Development Company, LACO Technologies, Pfeiffer Vacuum GmbH, TASI Group, Uson L.P., and Vacuum Instruments Corporation LLC.
These players try to enhance their share in global air leak testing market by providing novel air leak testing equipments to detect manufacturing defects which validate the product’s reliability.
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Air Leak Testing Market: Regional Overview
In terms of value, North America held a prominent share in the global air leak testing market. This highest share is due to the availability of well-established market players. The continuous expansion of automotive industry in North America is expected to lead the growth in the air leak testing market. The rising urbanization and industrialization, growth in automotive industry and transportation due to rising population in Asia Pacific is expected to assist the growth in air leak testing market in Asia Pacific. Increased government regulations to reduce environmental pollution, increased quality standards, increase in energy efficiency are expected to fuel the air leak testing market in Asia Pacific region.
The air leak market in Europe is projected to expand due to the initiatives taken by European government to reduce the overall leakages. In addition to this the presence of experienced market players like Pfeiffer Vacuum GmbH contributes to expansion of air leak testing market in Europe.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
The Report Covers Exhaustive Analysis On: Air Leak Testing Market Segments Air Leak Testing Market Dynamics Market Size Supply & Demand Current Trends/Issues/Challenges Competition & Companies Involved Technology Value Chain Market Drivers and Restraints
Regional Analysis Includes: North America (U.S., Canada) Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM) Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Eastern Europe, Rest of Europe) CIS & Russia Japan Asia Pacific Excluding Japan (Greater China, India, South Korea, ASEAN Countries, Rest of APEJ) Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)
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