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Leak Detection And Repair Market 2023-32 : Industry Analysis, Size, Share, Growth And Forecast | Aeris Technologies Inc., Bridger Photonics Inc., LI-COR Inc., Rebellion Photonics, Avitas Systems
Leak Detection And Repair Market
Leak Detection And Repair Market Size, Growth Rate, And Forecast
The global leak detection and repair market size grew from $15.63 billion in 2022 to $16.83 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The leak detection and repair market size is expected to grow to $22.6 billion in 2027 at a CAGR of 7.6%.
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Leak Detection And Repair Market Drivers
The increasing oil and gas pipeline infrastructure is driving the growth of the leak detection and repair market. Oil and gas pipelines are used for transporting gas close to cities and areas which makes it important to have the proper infrastructure to increase efficiency.
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Leak Detection And Repair Market Segments
1) By Component: Equipment, Services
2) By Product: Handheld Gas Detectors, UAV-Based Detectors, Vehicle-based Detectors, Manned Aircraft Detectors
3) By Technology: Volatile Organic Compounds (VOC) Analyzer, Optical Gas Imaging (OGI), Laser Absorption Spectroscopy, Ambient/Mobile Leak Monitoring, Acoustic Leak Detection, Audio-Visual-Olfactory Inspection
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Leak Detection And Repair market.
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Leak Detection And Repair Market Key Players
Major players in the leak detection and repair market are Aeris Technologies Inc., Bridger Photonics Inc., LI-COR Inc., Rebellion Photonics, Avitas Systems, PrecisionHawk, SeekOps Inc., Advisian, Gas Ops Leak Detectives LLC, Guideware Systems LLC., Summit Inspections Services Inc., ERM Group Inc., ENCOS Inc., Picarro Inc., Microdrones GmbH, Kairos Aerospace, Maxion Technologies Inc., and Physical Sciences Inc.,
The Business Research Company's "Global Leak Detection And Repair Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Leak Detection And Repair Market Include:
1. Executive Summary
2. Leak Detection And Repair Market Characteristics
3. Leak Detection And Repair Market Trends And Strategies
4. Leak Detection And Repair - Macro Economic Scenario
5. Leak Detection And Repair Market Size And Growth
……
27. Leak Detection And Repair Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Leak Detection And Repair Market
29. Leak Detection And Repair Market Future Outlook and Potential Analysis
30. Appendix
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