Market Overview:
The global leak detection for oil & gas market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for oil and gas across the globe, coupled with the rising concerns over safety and security in the oil and gas industry. The acoustic leak detection segment is expected to hold a dominant position in the global leak detection for oil & gas market during the forecast period, owing to its low installation and maintenance costs as well as its ability to detect even small leaks accurately. The e-RTTM segment is projected to grow at a high CAGR during the forecast period, owing to its advantages such as real-time monitoring capabilities, reduced false alarms rates, and easy installation.
Product Definition:
Leak Detection for Oil & Gas is the process of detecting and locating leaks in oil and gas pipelines, production systems, and other infrastructure. Leak detection is important for two reasons: first, it helps to ensure the safety of workers and the public; second, it helps to prevent environmental damage.
Acoustic:
Acoustic leak detectors are used for detecting the presence of liquid in pipes or storage tanks. They work on the principle of sound waves generated by an underwater microphone and detect any variations in the sound waves due to gas or liquid movement. The detection system comprises a transducer, which is mounted on a boom and suspended over the suspected area. A speaker is connected to an audio input jack, through which audible sounds can be heard clearly.
E-RTTM:
E-RTTM (Electronic Real-time Transient Model) is a tool that simulates the flow of real time and displays the results on a PC screen. It helps in identifying critical areas where intervention may be required to prevent or reduce leak chances. E-RTTM has been developed by PEL, which stands for Petroleum Environment Research Technologies Ltd., an environmental technology company based in Canada.
Application Insights:
The oil industry was the largest application segment in 2017 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to rising production levels across major economies including Russia, Saudi Arabia, UAE and China. Furthermore, technological advancements in leak detection tools such as e-RTTM are anticipated to propel market growth during the forecast period.
The natural gas industry is also estimated to witness significant growth owing to increasing demand for natural gas from various sectors including power generation, automotive industries and domestic consumers across countries such as Australia, Indonesia and India among others which are anticipated fuel market expansion over the coming years.
Regional Analysis:
North America was the dominant regional market in 2017 and is expected to continue its dominance over the forecast period. The U.S., being a major oil & gas producer, consumer, and transit point for crude oil imports from across the globe is one of the most affected nations by these leaks.
Asia Pacific region is estimated to be at a significant growth rate during the forecast period owing to increasing demand for energy resources from developing economies such as China and India coupled with rising government spending on infrastructure development projects including transportation networks like pipeline systems.
Growth Factors:
- Increasing demand for oil and gas due to population growth and industrialization
- Rising concerns over environment and safety, leading to increased adoption of leak detection systems
- Proliferation of smart cities with advanced infrastructure that require efficient and reliable leak detection systems
- Technological advancements in leak detection systems that make them more accurate, efficient, and affordable
- Growing awareness about the benefits of leak detection systems among end users
Scope Of The Report
Report Attributes
Report Details
Report Title
Leak Detection for Oil & Gas Market Research Report
By Type
Acoustic, E-RTTM, Cable Based, Mass/Volume Balance, Laser Absorption and LIDAR
By Application
Oil Industry, Natural Gas Industry, Other
By Companies
Honeywell International, PSI, Siemens, Flir Systems, Krohne Messtechnik, Schneider Electric, Synodon, Atmos International, Clampon, Ttk-Leak Detection System, Pentair, Pure Technologies, Perma-Pipe, Sensit Technologies, Bridger Photonics
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Leak Detection for Oil & Gas Market Report Segments:
The global Leak Detection for Oil & Gas market is segmented on the basis of:
Types
Acoustic, E-RTTM, Cable Based, Mass/Volume Balance, Laser Absorption and LIDAR
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
Oil Industry, Natural Gas Industry, Other
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
- PSI
- Siemens
- Flir Systems
- Krohne Messtechnik
- Schneider Electric
- Synodon
- Atmos International
- Clampon
- Ttk-Leak Detection System
- Pentair
- Pure Technologies
- Perma-Pipe
- Sensit Technologies
- Bridger Photonics
Highlights of The Leak Detection for Oil & Gas 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:
- Acoustic
- E-RTTM
- Cable Based
- Mass/Volume Balance
- Laser Absorption and LIDAR
- By Application:
- Oil Industry
- Natural Gas Industry
- Other
- 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 Leak Detection for Oil & Gas 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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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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?
Leak detection for oil and gas is the process of locating and identifying any leaks in a pipeline, well, or storage facility. Leaks can cause significant environmental damage if not detected and repaired quickly.
Some of the key players operating in the leak detection for oil & gas market are Honeywell International, PSI, Siemens, Flir Systems, Krohne Messtechnik, Schneider Electric, Synodon, Atmos International, Clampon, Ttk-Leak Detection System, Pentair, Pure Technologies, Perma-Pipe, Sensit Technologies, Bridger Photonics.
The leak detection for oil & gas market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Leak Detection for Oil & Gas Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Leak Detection for Oil & Gas Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Leak Detection for Oil & Gas Market - Supply Chain
4.5. Global Leak Detection for Oil & Gas Market Forecast
4.5.1. Leak Detection for Oil & Gas Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Leak Detection for Oil & Gas Market Size (000 Units) and Y-o-Y Growth
4.5.3. Leak Detection for Oil & Gas Market Absolute $ Opportunity
5. Global Leak Detection for Oil & Gas Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Leak Detection for Oil & Gas Market Size and Volume Forecast by Type
5.3.1. Acoustic
5.3.2. E-RTTM
5.3.3. Cable Based
5.3.4. Mass/Volume Balance
5.3.5. Laser Absorption and LIDAR
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Leak Detection for Oil & Gas Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Leak Detection for Oil & Gas Market Size and Volume Forecast by Application
6.3.1. Oil Industry
6.3.2. Natural Gas Industry
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Leak Detection for Oil & Gas Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Leak Detection for Oil & Gas Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Leak Detection for Oil & Gas Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Leak Detection for Oil & Gas Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Leak Detection for Oil & Gas Demand Share Forecast, 2019-2026
9. North America Leak Detection for Oil & Gas Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Leak Detection for Oil & Gas Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Leak Detection for Oil & Gas Market Size and Volume Forecast by Application
9.4.1. Oil Industry
9.4.2. Natural Gas Industry
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Leak Detection for Oil & Gas Market Size and Volume Forecast by Type
9.7.1. Acoustic
9.7.2. E-RTTM
9.7.3. Cable Based
9.7.4. Mass/Volume Balance
9.7.5. Laser Absorption and LIDAR
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Leak Detection for Oil & Gas Demand Share Forecast, 2019-2026
10. Latin America Leak Detection for Oil & Gas Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Leak Detection for Oil & Gas Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Leak Detection for Oil & Gas Market Size and Volume Forecast by Application
10.4.1. Oil Industry
10.4.2. Natural Gas Industry
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Leak Detection for Oil & Gas Market Size and Volume Forecast by Type
10.7.1. Acoustic
10.7.2. E-RTTM
10.7.3. Cable Based
10.7.4. Mass/Volume Balance
10.7.5. Laser Absorption and LIDAR
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Leak Detection for Oil & Gas Demand Share Forecast, 2019-2026
11. Europe Leak Detection for Oil & Gas Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Leak Detection for Oil & Gas Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Leak Detection for Oil & Gas Market Size and Volume Forecast by Application
11.4.1. Oil Industry
11.4.2. Natural Gas Industry
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Leak Detection for Oil & Gas Market Size and Volume Forecast by Type
11.7.1. Acoustic
11.7.2. E-RTTM
11.7.3. Cable Based
11.7.4. Mass/Volume Balance
11.7.5.Laser Absorption and LIDAR
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Leak Detection for Oil & Gas Demand Share, 2019-2026
12. Asia Pacific Leak Detection for Oil & Gas Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Leak Detection for Oil & Gas Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Leak Detection for Oil & Gas Market Size and Volume Forecast by Application
12.4.1. Oil Industry
12.4.2. Natural Gas Industry
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Leak Detection for Oil & Gas Market Size and Volume Forecast by Type
12.7.1. Acoustic
12.7.2. E-RTTM
12.7.3. Cable Based
12.7.4. Mass/Volume Balance
12.7.5. Laser Absorption and LIDAR
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Leak Detection for Oil & Gas Demand Share, 2019-2026
13. Middle East & Africa Leak Detection for Oil & Gas Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Leak Detection for Oil & Gas Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Leak Detection for Oil & Gas Market Size and Volume Forecast by Application
13.4.1. Oil Industry
13.4.2. Natural Gas Industry
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Leak Detection for Oil & Gas Market Size and Volume Forecast by Type
13.7.1. Acoustic
13.7.2. E-RTTM
13.7.3. Cable Based
13.7.4. Mass/Volume Balance
13.7.5. Laser Absorption and LIDAR
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Leak Detection for Oil & Gas Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Leak Detection for Oil & Gas Market: Market Share Analysis
14.2. Leak Detection for Oil & Gas Distributors and Customers
14.3. Leak Detection for Oil & Gas Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Honeywell International
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. PSI
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Siemens
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Flir Systems
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Krohne Messtechnik
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Schneider Electric
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Synodon
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Atmos International
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Clampon
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ttk-Leak Detection System
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Pentair
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Pure Technologies
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Perma-Pipe
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Sensit Technologies
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Bridger Photonics
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
