Leak Detection Market Estimated to Experience a Hike in Growth by 2027

The Leak Detection Market for Oil & Gas is segmented on the lines of its oil and condensate technology, natural gas technology and regional. Based on oil and condensate technology segmentation it covers acoustic/ultrasonic, e-rttm, fiber-optic, vapor sensing, mass/volume balance, others. Based on natural gas technology segmentation it covers acoustic/ultrasonic, statistical and real-time monitoring, cable based, flow monitoring, laser absorption and lidar, vapor sensing, thermal imaging, others. The Leak Detection Market for Oil & Gason geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

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The scope of the report includes a detailed study of global and regional markets on Leak Detection Market for Oil & Gas with the reasons given for variations in the growth of the industry in certain regions.

The Leak Detection Market for Oil & Gas is expected to exceed more than USD$ 3.0 billion by 2022 at a CAGR of 6% in the given forecast period.

The development of this market can be ascribed to the expanding occurrences of spillages in the oil and gas pipelines and capacity tanks at generation offices, advancement and extension of existing pipelines and development of new pipelines, and stringent government directions relating to the execution of whole identification frameworks.

This report provides:

1) An overview of the global market for Leak Detection Market for Oil & Gas and related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2022.
3) Identifications of new market opportunities and targeted promotional plans for Leak Detection Market for Oil & Gas.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.

The Leak Detection Market for Oil & Gas has been segmented as below:

The Leak Detection Market for Oil & Gas is segmented on the Basis of Natural Gas, Technology Analysis, Oil and Condensate, Technology Analysis and Regional Analysis. By Natural Gas, Technology Analysis this market is segmented on the basis of Acoustic/Ultrasonic, Statistical and Real-Time Monitoring, Cable Based, Flow Monitoring, Laser Absorption and LIDAR, Vapor Sensing, Thermal Imaging and Others. By Oil and Condensate, Technology Analysis this market is segmented on the basis of Acoustic/Ultrasonic, E-RTTM, Fiber-Optic, Vapor Sensing, Mass/Volume Balance and Others. By Regional Analysis this market is segmented on the basis of North America, Europe, Asia-Pacific and Rest of the World.

The major driving factors of Leak Detection Market for Oil & Gas are as follows:

  •  Strict government rules and regulations relating to leak detection systems
    •    Increase in accidents at oil and gas plants dwellings due to leakages in pipeline and storage tanks
    •    Expansion of existing pipelines and development of new pipelines

The restraining factors of Leak Detection Market for Oil & Gas are as follows:

  •  Pipelines is troublesome and costly
    •    Outdated leak detection systems
    •    Deficit of innovative technological advancements in Leak Detection systems

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Table of Contents

1 INTRODUCTION    

2 Research Methodology 

3 Executive Summary 

4 Premium Insights 

5 Market Overview 
6 Industry Trends 

7 Leak Detection Market for Oil & Condensate, By Technology 

8 Leak Detection Market for Natural Gas, By Technology 

9 Leak Detection Market Bygeography 

10 Competitive Landscape 

11 Company Profiles
11.1 Introduction
11.2 Krohne Messtechnik GmbH
11.3 PSI AG
11.4 Bridger Photonics Inc.
11.5 Flir Systems, Inc.
11.6 TTK-Leak Detection System
11.7 Schneider Electric Se.
11.8 Synodon Inc.
11.9 Sensit Technologies LLC.
11.10 Clampon as
11.11 Atmos International
11.12 Pentair PLC.
11.13 Pure Technologies Ltd.
11.14 Perma-Pipe, Inc.
11.15 Siemens AG.
11.16 Honeywell International Inc.

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