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Jun 2020 |
Vacuum leak testers are utilized to detect or monitor any defects, cracks, or leakages on a casing or sealed part of the equipment. These defects occur during the manufacturing and production process and could seriously hamper the performance of equipment. Therefore, it is important to ensure that they are free from such damages. This ensures integrity as well as the overall quality of a product with enhanced customer safety. To ensure that equipment are free from any damages the vacuum leak test is performed. A detector and leak sensor is attached to the vacuum leak testing equipment which is capable of sensing and detecting any escapes of liquids, vacuums, and gases. They are capable of detecting even the minutest leaks, as these leaks carry the potential to hamper the performance and can lead to complete damage or failure of equipment. Some of the equipment which majorly uses vacuum leak testers are airbags, silencers, compressors, torque convertors, fuel tanks, radiators, evaporators, and tire rims. While the traditional and conventional methods of water submerging weren’t as effective and efficient, vacuum leak testing is highly capable of tracking leaks because of which their demand across the globe is majorly rising.
Defects, leakages, and crack could seriously hamper the overall performance of an equipment, which could lead to a decrease in demand for the equipment. Also, the product life cycle is majorly reduced as the continuous leakage of liquids, vacuums and gases negatively impact the integrity of a product. Owing to all these factors major manufacturers are opting for the incorporation of the latest vacuum leak test technologies, as the conventional methods are not extremely effective and efficient in detecting cracks or leakages. Furthermore, an exponential rise in manufacturing and production activities has been observed. This is because of the rise in demand for multiple commodities and services across the globe which has increased the need for vacuum leak testers. Increased production could possibly lead to excess load on the manufacturing unit and chances of defective pieces occur more frequently. To stop these defective equipment from entering the market, major manufacturers are investing in vacuum leak tester technology. Also, this ensures consumer safety by reducing the potential chances of the defective equipment blasting or catching fire. All these factors combined are increasing the demand for vacuum leak testing equipment and driving the market growth.
High initial investments owing to the rising prices of raw materials like helium is one of the major factor hampering the market growth. Further, the equipment requires timely maintenance, which increases operational costs. Also, as the vacuum leak test equipment involves certain complexities in operating, trained operators and professionals are required. In addition, increased small and big firms entering the market are causing a major revenue distribution because of which the overall profits are significantly decreasing.
Workplace accidents due to leakages and crack could severely damage the surroundings and also cause major fatalities. One of the most appropriate examples could be the oil and gas industry. The risk of leakages in the oil and gas industry is high and it could lead to widespread devastation. Thus, major investments are being made by the oil & gas industry in the vacuum leak tester market. Further, governments across the globe have implemented stringent workplace standards and in general product standards that are aimed at reducing leakage related incidents and major accidents. Also, increased investments and technological advancements will allow infrastructural development. This will lead to increased adoption of vacuum leak testers as they will fit these advanced infrastructural facilities with high ease. Due to all these factors, the demand for vacuum leak testers will majorly increase and create lucrative market opportunities for growth.
Helium sniffer probe vacuum leak detector segment will have a dominating share in the global market and they are expected to register a significant revenue during the forecast timeframe. The helium sniffer probe vacuum leak detectors are capable of detecting leaks in parts that cannot be pushed in a vacuum chamber. These equipment are usually in large-size such as refrigerators, air conditioners, refrigerated food displays, and others. Sniffer probe detectors are also used in locating leaks which have been already detected by other modes, with a view to repair the defective part and surroundings. In addition, increased demand for these large products has led to major investments in the helium sniffer probe vacuum leak detectors segment and has helped the segment to grow.
The portable vacuum leak detector segment is anticipated to register maximum growth in the global vacuum leak tester market during the forecast period. Portable vacuum leak detectors offer a lucrative solution to the majority of firms who work in multiple conditions. These conditions could be either on the premise of the company which is basically in a manufacturing unit or at remote locations that are off-site. Furthermore, the portability feature enables firms to carry out the major operations at remote locations and easily detect leakage problems, which majorly reduces operational costs. Owing to all these benefits offered by portable vacuum leak detectors, firms are majorly investing in the segment.
The automobile manufacturing segment is expected to grow exponentially in the global vacuum leak tester market during the forecast timeframe. The automobile manufacturing sector majorly relies on vacuum leak tester systems to ensure that the final product is free from any defects. Any leakages could cause a major rise in expenses owing to increased warrant claims by customers. Further, leakages are a serious threat to consumer safety and it is important to ensure that the final product is free from any such defects. Also, rising demand for automobiles across the globe is directly facilitating in major adoption of vacuum leak testers and is helping the market to grow.
North America region is anticipated to grow at a fast pace and hold the largest market share in the global vacuum leak tester market during the forecast period. The major factors facilitating market growth in the region are widespread adoption, growing industrialization, stringent government laws for the workplace as well as customer safety, and developing technological infrastructure. Further, the major presence of automobile manufacturing outlets mainly in the U.S. and Canada region is propelling market growth in the region.
Source: Research Dive Analysis
Some of the significant global vacuum leak tester market players include CETA TESTSYSTEME GmbH, Leybold, Pfeiffer Vacuum GmbH, Furness Controls, ATEQ Corp., COSMO INSTRUMENTS CO., LTD., INCON, Thomas C. Wilson, LLC., INFICON, and Acme Engineering Prod. Ltd.
Global vacuum leak tester market players are emphasizing more on merger & acquisition and advanced product development. These are the various strategies followed by established organizations. To emphasize more on the competitor analysis of market players, Porter’s five forces model is explained in the report.
Aspect |
Particulars |
Historical Market Estimations |
2018-2019 |
Base Year for Market Estimation |
2018 |
Forecast timeline for Market Projection |
2020-2027 |
Geographical Scope |
North America, Europe, Asia-Pacific, LAMEA |
Segmentation by Test Type |
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Segmentation by Modularity |
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Segmentation by Industry Vertical |
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Key Countries Covered |
U.S., Canada, Germany, France, Spain, Russia, Japan, China, India, South Korea, Australia, Brazil, and Saudi Arabia |
Key Companies Profiled |
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