Press release
Global Leak Detection Market 2018 Top Vendors are Honeywell, FLIR Systems, Siemens, Synodon Inc., PSI Software AG, ClampOn, KROHNE Group, Pure Technologies, Pentair, Schneider Electric SENSIT Technologies, Atmos International, Perma-Pipe
Global Leak Detection Market – Industry Trends and Forecast to 2024
The Global Leak Detection Market accounted for USD 2.35 billion in 2016 and is projected to grow at a CAGR of 6.13% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Global Leak Detection Market By Category (Oil, Gas), Product (Fixed, Portable), Technology For Oil (Acoustic/Ultrasonic, Mass/Volume Balance, Fiber Optic, Vapor Sensing Tubes, E-RTTM), Technology For Gas (Acoustic/Ultrasonic, Laser Absorption & Lidar, Cable Based, Statistical & Real Time Monitoring, Vapor Sensing, Flow Monitoring, Thermal Imaging), End User (Upstream, Middle stream, Downstream) – Industry Trends and Forecast to 2024
Market Definition:
Leak detection is a method through which occurrence of a leak is determined during corrosion. It can either be in a gaseous or in a liquid form. Both external and internal methods of detection are being available for leak detection such as laser and infrared technology, hydrostatic testing and many more.
Competitive Analysis:
The global leak detection market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
Major Market Competitors:
Honeywell International Inc.,
FLIR Systems, Inc.,
Siemens AG,
Synodon Inc.,
PSI AG,
ClampON AS,
KROHNE Messtechnik GmbH,
Pure Technologies,
Pentair PLC.,
Schneider Electric,
SENSIT Technologies,
Atmos International,
Perma-Pipe,
Bridger Photonics Inc.,
TTK-Leak Detection System,
EnergySolutions,
RAE Systems,
EnTech Engineering and IRT Consult Environmental & Energy Ltd
Among others.
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Market Drivers:
Growth in petrochemical industries and production activities
Rising incidences of oil and gas leakages
Strict government regulation and environmental concerns
Market Restraint:
Modification of leak detection systems
Points Involved in Leak detection Market Report:
Leak detection Study Coverage
Executive Summary
Market Size by Application
Manufacturers Profiles
Production Forecasts
Consumption Forecast
Market Size by Manufacturers
Production by Regions
Consumption by Regions
Market Size by Type
Value Chain and Sales Channels Analysis
Leak detection Market Opportunities & Challenges, Risks and Influences Factors Analysis
Key Findings
Table of Contents:
1 Introduction
2 Research Methodologies
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Compliance in Leak Detection Market
8 Leak Detection Market, By Service
9 Leak Detection Market, By Deployment Type
10 Leak Detection Market, By Organization Size
11 Leak Detection Market Analyses, By Vertical
12 Geographic Analyses
North America
Europe
Asia-Pacific
South America
Middle East & Africa
13 Competitive Landscapes
14 Detailed Company Profiles
15 Related Reports
Market Segmentation:
On the basis of category:- Oil and gas.
On the basis of product:- fixed leak detector and portable leak detector.
On the basis of technology for oil:- Acoustic/ultrasonic, mass/volume balance, fiber optic, vapor sensing tubes and extended real time transient model (E-RTTM).
On the basis of technology for gas:- Acoustic/ultrasonic, laser absorption & lidar, cable based, statistical & real time monitoring, vapor sensing, flow monitoring and thermal imaging.
On the basis of end user:- Upstream, middle stream and downstream.
On the basis of geography:- North America, South America, Europe, Asia-Pacific and Middle East and Africa.
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