Global Leak Detection Market: Industry Analysis and Forecast (2020-2026) – by Technology, Medium, Location, and Region

Global Leak Detection Market size was valued at US$ XX Bn in 2019 and the total revenue is expected to grow at 7.6 % through 2020 to 2026, reaching nearly US$ XX Bn. The global Leak Detection market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Leak Detection report also provides trends by market segments, technology, and investment with a competitive landscape.

Overview of Leak Detection:

Many petroleum products, such as oil and gas, are transported from one location to another through pipelines, though pipeline leaks can result in product leakage, posing risks to industries, the environment, and people. The use of software and equipment to detect leaks within a structure, such as oil and gas pipelines or water pipelines, is known as leak detection. Corrosion and corrosion of pipe-based materials are common causes of leaks, which must be checked and repaired to avoid losses. Leak detectors are electronic devices that sense and detect leaks of oil and gas, water, and other materials.

Global Leak Detection Market Dynamics:

The extension and expansion of existing pipelines, as well as the construction of new pipelines, are the major drivers of the leak detection industry, while the lack of technical advances in offshore leak detection systems are a restraining factor. The introduction of hydraulic leak detection systems for oil and gas pipelines would expand this market's opportunities. In the industrial food processing and HVAC industries, gas leak detection systems are in high demand. People in the vicinity suffer health issues as a result of prolonged exposure to ammonia, which is used as a refrigerant in food packaging. Crestone Peak Resources, an American oil and gas producer, announced the installation of air quality sensors and detectors at all of its production assets to prevent gas leakage losses. COVID-19 has also had a favorable effect on market growth over the projected period. In mobile HVAC systems, leak detection and repair systems are used to detect leaks.

Global Leak Detection Market Segmentation:

Global Leak Detection Market To know about the Research Methodology :- Request Free Sample Report Based on the technology, the leak detection market is segmented into E-RTTM, acoustic/ ultrasonic, fiber optic, and others. Pipelines transport various forms of oil and condensates, as well as natural gas, over long distances, necessitating the most precise leakage control and detection techniques. Current leak detection systems used in oil and natural gas processing facilities and transmission pipelines implement E-RTTM as one of the most commonly used technologies. This technology is free of false alarms and offers reliable knowledge about leaks. As a result, during the forecast period, the E-RTTM segment of the market is expected to rise at the fastest pace. The E-RTTM technology can detect small leaks (less than 1% of the flow), accurately classify leak sizes, and model all dynamic fluid characteristics. Furthermore, the time it takes to detect leaks is insignificant. Global Leak Detection Market 1

Global Leak Detection Market Regional Insights:

During the forecast period, the leak detection market for oil and gas in APAC is expected to grow at the fastest CAGR. The increased global demand for natural gas is to account for the market's growth in this area. The top three oil producers in the world are the United States, Russia, and Saudi Arabia. In 2019, these three countries produced about 33 million barrels of oil per day. The region's need for leak detection and repair systems is being driven by the growing global demand for natural gas. Leak detection and repair systems are becoming more important as natural gas output rises in countries like China. As a result, the oil and gas demand, as well as the expansion of oil and gas pipelines, are two major factors driving consumer growth in the resale market. With a significant share of imports, Saudi Arabia, which has traditionally exported a substantial portion of China's crude oil, was the largest source of imports in 2019. In early 2019, Saudi Aramco signed further long-term crude oil supply agreements with Chinese firms, focusing on supplying China's new refineries and petrochemical plants. The regional market scenario is favored by rising oil exploration activities, rising oil demand, and rising investments in natural gas production projects. Global Leak Detection Market 2 The objective of the report is to present a comprehensive analysis of the Global Leak Detection Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Leak Detection Market dynamics, structure by analyzing the market segments and project the global Leak Detection market size. Clear representation of competitive analysis of key players By Technology, price, financial position, product portfolio, growth strategies, and regional presence in the Global Leak Detection Market make the report investor’s guide.

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Global Leak Detection Market 3

Global Leak Detection Market, by Region

• North America • Europe • Asia Pacific • Middle East & Africa • South America

Global Leak Detection Market Key Players

• FLIR Systems, Inc. • ABB • Honeywell International Inc. • Siemens Energy • Pentair • ClampOn AS • Schneider Electric • Atmos International • Xylem • Emerson Electric Co. • KROHNE Messtechnik GmbH • PERMA-PIPE International Holdings, Inc. • TTK • PSI Software AG • MSA • HIMA • AVEVA Group plc • Yokogawa Electric Corporation • INFICON • Fotech Group Ltd. • Asel-Tech Inc. • MAGNUM Pirex AG / MAGNUM LEO-Pipe GmbH • Hawk Measurement Systems • OptaSense Ltd. • Other Key Players
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Leak Detection Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Leak Detection Market 3.4. Geographical Snapshot of the Leak Detection Market, By Manufacturer share 4. Global Leak Detection Market Overview, 2019-2026 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Leak Detection Market 5. Supply Side and Demand Side Indicators 6. Global Leak Detection Market Analysis and Forecast, 2019-2026 6.1. Global Leak Detection Market Size & Y-o-Y Growth Analysis. 7. Global Leak Detection Market Analysis and Forecasts, 2019-2026 7.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2026 7.1.1. Acoustic/Ultrasonic 7.1.2. E-RTTM 7.1.3. Fiber Optic 7.1.4. Mass/Volume Balance 7.1.5. Thermal Imaging 7.1.6. Laser Absorption and LiDAR 7.1.7. Vapor Sensing 7.2. Market Size (Value) Estimates & Forecast By Medium, 2019-2026 7.2.1. Oil and condensate 7.2.2. Natural gas 7.3. Market Size (Value) Estimates & Forecast By Location, 2019-2026 7.3.1. Onshore 7.3.2. Offshore 8. Global Leak Detection Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2019-2026 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Leak Detection Market Analysis and Forecasts, 2019-2026 9.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2026 9.1.1. Acoustic/Ultrasonic 9.1.2. E-RTTM 9.1.3. Fiber Optic 9.1.4. Mass/Volume Balance 9.1.5. Thermal Imaging 9.1.6. Laser Absorption and LiDAR 9.1.7. Vapor Sensing 9.2. Market Size (Value) Estimates & Forecast By Medium, 2019-2026 9.2.1. Oil and condensate 9.2.2. Natural gas 9.3. Market Size (Value) Estimates & Forecast By Location, 2019-2026 9.3.1. Onshore 9.3.2. Offshore 10. North America Leak Detection Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Leak Detection Market Analysis and Forecasts, 2019-2026 11.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2026 11.2. Market Size (Value) Estimates & Forecast By Medium, 2019-2026 11.3. Market Size (Value) Estimates & Forecast By Location, 2019-2026 12. Canada Leak Detection Market Analysis and Forecasts, 2019-2026 12.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2026 12.2. Market Size (Value) Estimates & Forecast By Medium, 2019-2026 12.3. Market Size (Value) Estimates & Forecast By Location, 2019-2026 13. Mexico Leak Detection Market Analysis and Forecasts, 2019-2026 13.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2026 13.2. Market Size (Value) Estimates & Forecast By Medium, 2019-2026 13.3. Market Size (Value) Estimates & Forecast By Location, 2019-2026 14. Europe Leak Detection Market Analysis and Forecasts, 2019-2026 14.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2026 14.2. Market Size (Value) Estimates & Forecast By Medium, 2019-2026 14.3. Market Size (Value) Estimates & Forecast By Location, 2019-2026 15. Europe Leak Detection Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Leak Detection Market Analysis and Forecasts, 2019-2026 16.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2026 16.2. Market Size (Value) Estimates & Forecast By Medium, 2019-2026 16.3. Market Size (Value) Estimates & Forecast By Location, 2019-2026 17. France Leak Detection Market Analysis and Forecasts, 2019-2026 17.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2026 17.2. Market Size (Value) Estimates & Forecast By Medium, 2019-2026 17.3. Market Size (Value) Estimates & Forecast By Location, 2019-2026 18. Germany Leak Detection Market Analysis and Forecasts, 2019-2026 18.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2026 18.2. Market Size (Value) Estimates & Forecast By Medium, 2019-2026 18.3. Market Size (Value) Estimates & Forecast By Location, 2019-2026 19. Italy Leak Detection Market Analysis and Forecasts, 2019-2026 19.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2026 19.2. Market Size (Value) Estimates & Forecast By Medium, 2019-2026 19.3. Market Size (Value) Estimates & Forecast By Location, 2019-2026 20. Spain Leak Detection Market Analysis and Forecasts, 2019-2026 20.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2026 20.2. Market Size (Value) Estimates & Forecast By Medium, 2019-2026 20.3. Market Size (Value) Estimates & Forecast By Location, 2019-2026 21. Sweden Leak Detection Market Analysis and Forecasts, 2019-2026 21.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2026 21.2. Market Size (Value) Estimates & Forecast By Medium, 2019-2026 21.3. Market Size (Value) Estimates & Forecast By Location, 2019-2026 22. CIS Countries Leak Detection Market Analysis and Forecasts, 2019-2026 22.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2026 22.2. Market Size (Value) Estimates & Forecast By Medium, 2019-2026 22.3. Market Size (Value) Estimates & Forecast By Location, 2019-2026 23. Rest of Europe Leak Detection Market Analysis and Forecasts, 2019-2026 23.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2026 23.2. Market Size (Value) Estimates & Forecast By Medium, 2019-2026 23.3. Market Size (Value) Estimates & Forecast By Location, 2019-2026 24. Asia Pacific Leak Detection Market Analysis and Forecasts, 2019-2026 24.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2026 24.2. Market Size (Value) Estimates & Forecast By Medium, 2019-2026 24.3. Market Size (Value) Estimates & Forecast By Location, 2019-2026 25. Asia Pacific Leak Detection Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Leak Detection Market Analysis and Forecasts, 2019-2026 26.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2026 26.2. Market Size (Value) Estimates & Forecast By Medium, 2019-2026 26.3. Market Size (Value) Estimates & Forecast By Location, 2019-2026 27. India Leak Detection Market Analysis and Forecasts, 2019-2026 27.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2026 27.2. Market Size (Value) Estimates & Forecast By Medium, 2019-2026 27.3. Market Size (Value) Estimates & Forecast By Location, 2019-2026 28. Japan Leak Detection Market Analysis and Forecasts, 2019-2026 28.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2026 28.2. Market Size (Value) Estimates & Forecast By Medium, 2019-2026 28.3. Market Size (Value) Estimates & Forecast By Location, 2019-2026 29. South Korea Leak Detection Market Analysis and Forecasts, 2019-2026 29.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2026 29.2. Market Size (Value) Estimates & Forecast By Medium, 2019-2026 29.3. Market Size (Value) Estimates & Forecast By Location, 2019-2026 30. Australia Leak Detection Market Analysis and Forecasts, 2019-2026 30.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2026 30.2. Market Size (Value) Estimates & Forecast By Medium, 2019-2026 30.3. Market Size (Value) Estimates & Forecast By Location, 2019-2026 31. ASEAN Leak Detection Market Analysis and Forecasts, 2019-2026 31.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2026 31.2. Market Size (Value) Estimates & Forecast By Medium, 2019-2026 31.3. Market Size (Value) Estimates & Forecast By Location, 2019-2026 32. Rest of Asia Pacific Leak Detection Market Analysis and Forecasts, 2019-2026 32.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2026 32.2. Market Size (Value) Estimates & Forecast By Medium, 2019-2026 32.3. Market Size (Value) Estimates & Forecast By Location, 2019-2026 33. Middle East Africa Leak Detection Market Analysis and Forecasts, 2019-2026 33.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2026 33.2. Market Size (Value) Estimates & Forecast By Medium, 2019-2026 33.3. Market Size (Value) Estimates & Forecast By Location, 2019-2026 34. Middle East Africa Leak Detection Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Leak Detection Market Analysis and Forecasts, 2019-2026 35.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2026 35.2. Market Size (Value) Estimates & Forecast By Medium, 2019-2026 35.3. Market Size (Value) Estimates & Forecast By Location, 2019-2026 36. GCC Countries Leak Detection Market Analysis and Forecasts, 2019-2026 36.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2026 36.2. Market Size (Value) Estimates & Forecast By Medium, 2019-2026 36.3. Market Size (Value) Estimates & Forecast By Location, 2019-2026 37. Egypt Leak Detection Market Analysis and Forecasts, 2019-2026 37.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2026 37.2. Market Size (Value) Estimates & Forecast By Medium, 2019-2026 37.3. Market Size (Value) Estimates & Forecast By Location, 2019-2026 38. Nigeria Leak Detection Market Analysis and Forecasts, 2019-2026 38.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2026 38.2. Market Size (Value) Estimates & Forecast By Medium, 2019-2026 38.3. Market Size (Value) Estimates & Forecast By Location, 2019-2026 39. Rest of ME&A Leak Detection Market Analysis and Forecasts, 2019-2026 39.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2026 39.2. Market Size (Value) Estimates & Forecast By Medium, 2019-2026 39.3. Market Size (Value) Estimates & Forecast By Location, 2019-2026 40. South America Leak Detection Market Analysis and Forecasts, 2019-2026 40.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2026 40.2. Market Size (Value) Estimates & Forecast By Medium, 2019-2026 40.3. Market Size (Value) Estimates & Forecast By Location, 2019-2026 41. South America Leak Detection Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Leak Detection Market Analysis and Forecasts, 2019-2026 42.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2026 42.2. Market Size (Value) Estimates & Forecast By Medium, 2019-2026 42.3. Market Size (Value) Estimates & Forecast By Location, 2019-2026 43. Argentina Leak Detection Market Analysis and Forecasts, 2019-2026 43.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2026 43.2. Market Size (Value) Estimates & Forecast By Medium, 2019-2026 43.3. Market Size (Value) Estimates & Forecast By Location, 2019-2026 44. Rest of South America Leak Detection Market Analysis and Forecasts, 2019-2026 44.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2026 44.2. Market Size (Value) Estimates & Forecast By Medium, 2019-2026 44.3. Market Size (Value) Estimates & Forecast By Location, 2019-2026 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Leak Detection Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Honeywell International Inc. 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. FLIR Systems, Inc. 45.3.3. ABB 45.3.4. Siemens Energy 45.3.5. Pentair 45.3.6. ClampOn AS 45.3.7. Schneider Electric 45.3.8. Atmos International 45.3.9. Xylem 45.3.10. Emerson Electric Co. 45.3.11. KROHNE Messtechnik GmbH 45.3.12. PERMA-PIPE International Holdings, Inc. 45.3.13. TTK 45.3.14. PSI Software AG 45.3.15. MSA 45.3.16. HIMA 45.3.17. AVEVA Group plc 45.3.18. Yokogawa Electric Corporation 45.3.19. INFICON 45.3.20. Fotech Group Ltd. 45.3.21. Asel-Tech Inc. 45.3.22. MAGNUM Pirex AG / MAGNUM LEO-Pipe GmbH 45.3.23. Hawk Measurement Systems 45.3.24. OptaSense Ltd. 45.3.25. Other Key Players 46. Primary Key Insights

About This Report

Report ID 96475
Category Electronics
Published Date April 2021
Updated Date
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