About Helium Leak Sensors
The helium leak test system is a kind of test system for leak inspections of high pressure and with high accuracy during which helium gas is used because of the detection or tracer gas. A helium leak testing system will manage the unseaworthy if the merchandise leaks a lot of helium than what's acceptable and it conjointly measures the leak rate. In most of the helium leak test systems, the testing is finished by loading the merchandise into a chamber beside connecting a vacuum below the product, then the product beside the chamber is wired to a relatively low vacuum level. Helium is placed into the item then the concentration of helium within the chamber is measured. The helium leak test system is taken into account to be the sole reliable leak detection technique once terribly little leaks below 10-4 bar • l / sought to be detected. The helium leak test system is extremely helpful when extremely quick cycle times are needed; it conjointly has helpful applications wherever complete automation is required and human errors or mistakes aren't acceptable. Helium being a non-poisonous and non-explosive gas is most well-liked for leak testing systems. Hydrogen is that the lightest element followed by helium; helium will penetrate into the tiny leaks wherever different serious components cannot.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 1.5% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that European Players will contribute the maximum growth to Global Helium Leak Sensors market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
FUKUDA Co., Ltd (Japan), NOLEK (Sweden), Lowener Vacuum Services AB (Sweden), Pfeiffer Vacuum GmbH (Germany), Telstar Vacuum Solutions (Spain), Marposs S.P.A. (Italy), Alliance Concept (Belgium), HVS Leak Detection (United States), Agilent Technologies (United States) and Cincinnati Test Systems (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Helium Leak Sensors market by Type (Portable Leak Detector, Compact Leak Detector and Stationary Leak Detector), Application (Automobiles, Aerospace & Aeronautics, Quick connectors and fitting, Construction, Medical, Pharmaceutical & Biotechnology, Food & Beverages and Others) and Region.
On the basis of geography, the market of Helium Leak Sensors has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Chamber Type, the sub-segment i.e. Single Chambered will boost the Helium Leak Sensors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Installation Type, the sub-segment i.e. Portable Leak Detector will boost the Helium Leak Sensors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Need by the Industries
Market Growth Drivers:
The Increasing Demand for Examining Leaks and Growing Need to Prevent Unplanned and Expensive Shutdowns
Challenges:
Lack of Skilled Professionals
Restraints:
The Rising Cost of the Helium and Fluctuating Price of Raw Materials
Opportunities:
Increase in Advancements and Research and Development
Market Leaders and their expansionary development strategies
On January 12, 2024, Inficon and Pfeiffer Vacuum announced a strategic partnership to co-develop and manufacture next-generation helium leak detectors. This collaboration aims to leverage both companies' expertise and resources to create more advanced and efficient leak detection solutions.
On February 15, 2024, Agilent Technologies launched their new A-Series Leak Detectors, a family of affordable and easy-to-use leak detectors designed for various applications, including leak testing in R&D, manufacturing, and service.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Manufacturers of Helium Leak Sensors, Suppliers and Distributors of Helium Leak Sensors, Venture Capitalists and Private Equity Firms and End-Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.