Market Overview:
The global oil and gas pipeline leak detection market is expected to grow from USD 1.5 billion in 2018 to USD 2.8 billion by 2030, at a CAGR of 7.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for oil and gas across the globe and the need for safe and efficient transportation of these commodities. Moreover, stringent government regulations pertaining to safety in transportation are also fueling the growth of this market.
Product Definition:
Oil & gas pipeline leak detection is the process of detecting and locating leaks in oil and gas pipelines. The importance of oil & gas pipeline leak detection is twofold. First, it helps protect the environment by minimizing spills. Second, it helps ensure the safety of workers and the public by preventing dangerous accidents.
Hardware:
Hardware is the part of a system that can be seen, touched and measured. It includes devices such as sensors, switches, fuses and circuit breakers. Hardware components are used in almost all aspects of modern life; from monitoring water quality to tracking down counterfeit currency. The oil & gas pipeline industry has been witnessing an increasing need for leak detection solutions over the past few years owing to stringent regulations by government agencies such as U.
Software:
Software is a set of instructions, which when followed by the machine, causes the desired result. In case of oil and gas pipeline leak detection, software is used to read out pressure readings from the pipeline sensors.
The major application areas for oil & gas pipeline leak detection include onshore and offshore pipelines that carry crude oil or other petroleum based products such as LPG (Liquefied Petroleum Gas) or NGL (Natural Gas Liquefaction).
Application Insights:
The others application segment accounted for the largest revenue share in 2017 and is anticipated to witness significant growth over the forecast period. The others application category includes pipelines onshore and offshore, liquid natural gas (LNG) facilities, LPG plants, refinery complexes & petrochemical units. Onshore pipeline leak detection services are usually required in case of landfills or underground pipes that run through rock layers. These types of leaks can also occur at pumping stations or storage tanks where there is a high pressure difference between the inside and outside environment which causes cracks in pipelines resulting in loss of fluid due to leakage. Leakage detection by means of hydrotesting involves drilling holes into buried pipelines to check if there has been any damage caused owing to corrosion or cracking which occurs due to pressure differences between different parts of a pipeline system.
Offshore applications include oil & gas platforms, floating production storage.
Regional Analysis:
North America was the dominant regional market in 2017 and will remain so over the forecast period. The region is home to several major oil & gas pipeline operators as well as service providers. North America has also been witnessing a steady increase in demand for oil products, such as gasoline and diesel, from end-use industries, such as transportation and power generation.
Asia Pacific is estimated to be the fastest-growing regional market over the forecast period owing to rising investments by various governments across countries like China, India, Japan etc., for expanding natural gas distribution networks.
Growth Factors:
- Increasing demand for oil and gas due to population growth and industrialization
- Stringent environmental regulations for leak detection
- Technological advancements in leak detection systems
- Rising prices of oil and gas, which drives the need for more efficient pipeline infrastructure
- Aging pipeline infrastructure that needs to be replaced or upgraded
Scope Of The Report
Report Attributes
Report Details
Report Title
Oil & Gas Pipeline Leak Detection Market Research Report
By Type
Hardware, Software, Service
By Application
Buried Pipelines, Subsea Pipelines, Refinery/Petrochemical Complex, Others
By Companies
Honeywell International, Pure Technologies, PSI AG, Yokogawa Electric, Siemens, MFRI (Permapipe Inc.), Schneider Electric, FMC Technologies, Cameron International, Pentair, Emerson, FLIR Systems, Expro Holdings UK 3 Limited, General Electric, Agilent Technologies, Cisco Systems, MSA Safety Incorporated, Mistras Group, Atmos International, TTK Leak Detection, Sensit Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
125
Number of Tables & Figures
88
Customization Available
Yes, the report can be customized as per your need.
Global Oil & Gas Pipeline Leak Detection Market Report Segments:
The global Oil & Gas Pipeline Leak Detection market is segmented on the basis of:
Types
Hardware, Software, Service
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Buried Pipelines, Subsea Pipelines, Refinery/Petrochemical Complex, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Honeywell International
- Pure Technologies
- PSI AG
- Yokogawa Electric
- Siemens
- MFRI (Permapipe Inc.)
- Schneider Electric
- FMC Technologies
- Cameron International
- Pentair
- Emerson
- FLIR Systems
- Expro Holdings UK 3 Limited
- General Electric
- Agilent Technologies
- Cisco Systems
- MSA Safety Incorporated
- Mistras Group
- Atmos International
- TTK Leak Detection
- Sensit Technologies
Highlights of The Oil & Gas Pipeline Leak Detection Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hardware
- Software
- Service
- By Application:
- Buried Pipelines
- Subsea Pipelines
- Refinery/Petrochemical Complex
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Oil & Gas Pipeline Leak Detection Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Oil and gas pipeline leak detection is the process of locating and repairing any leaks in pipelines. Leaks can occur from a variety of sources, including corrosion, faulty welds, or cracks in the pipe. Pipeline leak detection equipment can include sensors to detect small amounts of oil or gas leaking from a pipeline, as well as cameras to identify any areas where there may be a larger leak.
Some of the major players in the oil & gas pipeline leak detection market are Honeywell International, Pure Technologies, PSI AG, Yokogawa Electric, Siemens, MFRI (Permapipe Inc.), Schneider Electric, FMC Technologies, Cameron International, Pentair, Emerson, FLIR Systems, Expro Holdings UK 3 Limited, General Electric, Agilent Technologies, Cisco Systems, MSA Safety Incorporated, Mistras Group, Atmos International, TTK Leak Detection, Sensit Technologies.
The oil & gas pipeline leak detection market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Oil & Gas Pipeline Leak Detection Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Oil & Gas Pipeline Leak Detection Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Oil & Gas Pipeline Leak Detection Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Oil & Gas Pipeline Leak Detection Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Oil & Gas Pipeline Leak Detection Market Size & Forecast, 2018-2028
4.5.1 Oil & Gas Pipeline Leak Detection Market Size and Y-o-Y Growth
4.5.2 Oil & Gas Pipeline Leak Detection Market Absolute $ Opportunity
Chapter 5 Global Oil & Gas Pipeline Leak Detection Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Oil & Gas Pipeline Leak Detection Market Size Forecast by Type
5.2.1 Hardware
5.2.2 Software
5.2.3 Service
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Oil & Gas Pipeline Leak Detection Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Oil & Gas Pipeline Leak Detection Market Size Forecast by Applications
6.2.1 Buried Pipelines
6.2.2 Subsea Pipelines
6.2.3 Refinery/Petrochemical Complex
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Oil & Gas Pipeline Leak Detection Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Oil & Gas Pipeline Leak Detection Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Oil & Gas Pipeline Leak Detection Analysis and Forecast
9.1 Introduction
9.2 North America Oil & Gas Pipeline Leak Detection Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Oil & Gas Pipeline Leak Detection Market Size Forecast by Type
9.6.1 Hardware
9.6.2 Software
9.6.3 Service
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Oil & Gas Pipeline Leak Detection Market Size Forecast by Applications
9.10.1 Buried Pipelines
9.10.2 Subsea Pipelines
9.10.3 Refinery/Petrochemical Complex
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Oil & Gas Pipeline Leak Detection Analysis and Forecast
10.1 Introduction
10.2 Europe Oil & Gas Pipeline Leak Detection Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Oil & Gas Pipeline Leak Detection Market Size Forecast by Type
10.6.1 Hardware
10.6.2 Software
10.6.3 Service
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Oil & Gas Pipeline Leak Detection Market Size Forecast by Applications
10.10.1 Buried Pipelines
10.10.2 Subsea Pipelines
10.10.3 Refinery/Petrochemical Complex
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Oil & Gas Pipeline Leak Detection Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Oil & Gas Pipeline Leak Detection Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Oil & Gas Pipeline Leak Detection Market Size Forecast by Type
11.6.1 Hardware
11.6.2 Software
11.6.3 Service
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Oil & Gas Pipeline Leak Detection Market Size Forecast by Applications
11.10.1 Buried Pipelines
11.10.2 Subsea Pipelines
11.10.3 Refinery/Petrochemical Complex
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Oil & Gas Pipeline Leak Detection Analysis and Forecast
12.1 Introduction
12.2 Latin America Oil & Gas Pipeline Leak Detection Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Oil & Gas Pipeline Leak Detection Market Size Forecast by Type
12.6.1 Hardware
12.6.2 Software
12.6.3 Service
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Oil & Gas Pipeline Leak Detection Market Size Forecast by Applications
12.10.1 Buried Pipelines
12.10.2 Subsea Pipelines
12.10.3 Refinery/Petrochemical Complex
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Oil & Gas Pipeline Leak Detection Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Oil & Gas Pipeline Leak Detection Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Oil & Gas Pipeline Leak Detection Market Size Forecast by Type
13.6.1 Hardware
13.6.2 Software
13.6.3 Service
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Oil & Gas Pipeline Leak Detection Market Size Forecast by Applications
13.10.1 Buried Pipelines
13.10.2 Subsea Pipelines
13.10.3 Refinery/Petrochemical Complex
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Oil & Gas Pipeline Leak Detection Market: Competitive Dashboard
14.2 Global Oil & Gas Pipeline Leak Detection Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honeywell International
14.3.2 Pure Technologies
14.3.3 PSI AG
14.3.4 Yokogawa Electric
14.3.5 Siemens
14.3.6 MFRI (Permapipe Inc.)
14.3.7 Schneider Electric
14.3.8 FMC Technologies
14.3.9 Cameron International
14.3.10 Pentair
14.3.11 Emerson
14.3.12 FLIR Systems
14.3.13 Expro Holdings UK 3 Limited
14.3.14 General Electric
14.3.15 Agilent Technologies
14.3.16 Cisco Systems
14.3.17 MSA Safety Incorporated
14.3.18 Mistras Group
14.3.19 Atmos International
14.3.20 TTK Leak Detection
14.3.21 Sensit Technologies
