Leak Detection Market 2018 Analysis by Software Types, Applications, Key Developers, End Users, New Technologies, Advancements, Industry Growth & Forecast By 2026

A leak is an opening for fluid so as to escape from a container or fluid-containing system, through which the contents of the container can flow away. Leaks are generally accidental and undesired. Growing concern for water conservation along with escalating demand for leak detection systems is propelling growth in the global market. The global leak detection market was valued at US$ 902.7 Mn in 2015 and is expected to reach US$ 1373.7 Mn by 2021.

Fiber Optic Sensor is one of the leak detection type, which is used for monitoring the leakage of pipeline as well as detects through temperature. The monitoring of temperature profiles over long distance by means of optical fibers, which represents a highly efficient way to perform leakage detection along pipelines. Due to its major properties such as, extended range, long-term stability, transportable system as well as cost effective for large no. of measurement points, that helps to view and analyze all its data with one single interface, which in turn favours the market to hold substantial position worldwide.

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Emerging pipeline projects in Middle-East and Africa is driving the Leak Detection Market Growth
Currently, the Middle East and Africa region constitutes the maximum market for oil and gas pipeline leak detection, owing to vast network of pipeline, which is extending even further, due to a large number of planned projects for pipeline construction. For instance, in East Africa, Ugandan section of the pipeline are planned to installed with 230km of 33kV power cables and 296km of fibre-optic cables in near future as well as many new projects are lined up for installation. As a result, this region is projected for the best growth rate during the forecast period 208-2026.

Leak Detection Market is Fragmented with the Regional and Global Presence
Market participants include Siemens AG, Honeywell International Inc., Baker Hughes, Inc., Krohne Group, Schneider Electric, Ziebel A.S., Future Fibre Technologies Ltd., Fotech Solutions Ltd., Omnisens S.A., Silixa Ltd. Schlumberger Limited, TGT and amongst others. For instance, the Baker Hughes, Inc. is engaged in a wide range of business activities including drilling, well intervention, shale oil processing in regions around the world. Owing to which, the company’s research and development expenses was US$ 15,742 Mn in year 2016. Also, Omnisens Vice president sales Baz Matvichuk, presented fibre optic based power cable and umbilical monitoring for the oil & gas industry covering various projects executed over the 17-year history of Omnisens. The benefits of real time monitoring discussed, and new innovations presented.

Major Key Player Includes:
Siemens AG, Honeywell International Inc., Baker Hughes, Inc., Krohne Group, Schneider Electric, Ziebel A.S., Future Fibre Technologies Ltd., Fotech Solutions Ltd., Omnisens S.A., Silixa Ltd. Schlumberger Limited

Leak Detection Market - By Technology
Fiber Optic Leak Detection, Distributed Temperature Sensing (DTS), Distributed Acoustic Sensing (DAS), Vapour Sensing Tubes, Enhanced Real-Time Transient Model (E-RTTM), Acoustic Pressure Waves

Market by Product Type
Flow Meters, Fiber Optic Sensors, Pressure Sensors

Market by Region
North America, U.S., Rest of North America, Europe, France, The UK, Spain, Germany, Italy, Rest of Europe, Asia Pacific, China, Japan, India, Southeast Asia, Rest of Asia Pacific, Middle East and Africa, GCC Countries, Southern Africa, Rest of Middle East and Africa, Latin America, Brazil, Rest of Latin America

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Competitive Landscape
Leak detection market report provides both, qualitative and quantitative research of the market, as well as strategic insights along with developments that are being adopted by the key contenders. The report also offers extensive research on the key players in this market and detailed insights on the competitiveness of these players. The key business strategies such as mergers and acquisition (M&A), affiliations, collaborations, and contracts adopted by the major players are also recognized and analyzed in the report. For each company, the report recognizes their competitors, service type, application and specification, pricing, and gross margin.

The Leak Detection Market Report mainly covers following Content.
Chapter 1 Leak Detection Market Overview
Chapter 2 Global Economic Impact
Chapter 3 Competition by Manufacturer
Chapter 4 Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Market Forecast
Continued…

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