Global Leak Detection Market Share will Increase US$ 3 Billion By 2022

The Leak Detection Market for Oil & Gas is segmented on the lines of its oil and condensate technology, natural gas technologyand 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.

The Leak Detection Market for Oil & Gas is expected to exceed more than USD$ 3.38billion by 2022 at a CAGR of 6.9% in the given forecast period.

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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• Outdated leak detection systems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

This report provides:
1) An overview of the global market for Leak Detection Market for Oil & Gasand related technologies.
2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, 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.

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

Table of Contents
1 INTRODUCTION
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 Leak Detection Market for Oil & Condensate, By Technology
5.2.2 Leak Detection Market for Natural Gas, By Technology
5.2.3 Leak Detection Market for Oil & Gas, By Geography
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Increasing Incidents of Oil & Gas Leakages in Pipelines and Storage Tanks at Production Facilities
5.3.1.2 Development and Expansion of Existing Pipelines and Construction of New Pipelines
5.3.1.3 Stringent Government Regulations Pertaining to the Implementation of Leak Detection Systems
5.3.2 Restraints
5.3.2.1 Retrofitting of Some Leak Detection Systems
5.3.3 Opportunities
5.3.3.1 Rising Oil & Gas Exploration and Production Activities Worldwide
5.3.3.2 Increasing Oil & Natural Gas Consumption and Environmental Concerns
5.3.4 Challenges
5.3.4.1 Lack of Technological Advancements in Offshore Leak Detection Systems
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 Honeywell International Inc.
11.3 PSI AG
11.4 Siemens AG.
11.5 Flir Systems, Inc.
11.6 Krohne Messtechnik GmbH
11.7 Schneider Electric Se.
11.8 Synodon Inc.
11.9 Atmos International
11.10 Clampon as
11.11 TTK-Leak Detection System
11.12 Pentair PLC.
11.13 Pure Technologies Ltd.
11.14 Perma-Pipe, Inc.
11.15 Sensit Technologies LLC.
11.16 Bridger Photonics Inc.

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