Oil & Gas Pipeline Leak Detection Market By Type (Oil, Gas), by Technology (Fiber optic sensors, Pressure sensors, Infra-red detection, Flow meters, Other), Industry trends, Estimation & Forecast, 2017 - 2025

July 2018

 Pages: 195

 ERC 5423


Oil & gas pipeline leak detection market is expected to grow with a CAGR of 5% during the forecast period of 2018 to 2025.

Pipeline leak detection is a crucial factor to be considered in an oil & gas industry, in order to prevent the leakage of oil and gas. The oil & gas pipeline leak detection market is anticipated to grow at a notable growth rate, owing to the increasing global production of natural gas & oil. The leakage of oil & gas into the environment can cause significant damage to the surrounding life forms and can also prove to be lethal at times. As per the data revealed by the High Country News, during the year 2010-17, the America’s natural gas transportation network leaked nearly 17.55 billion cubic feet of gas, mainly methane. The pipeline leak incidents occurred in the U.S. injured approximately 500 people, took about 100 lives, and forced thousands of people to evacuation their homes. The surging incidents of oil & gas leakage from storage tanks and pipelines at production facilities is expected to catalyze the demand for an effective leak detection system.

Construction of new pipelines, and development & expansion of existing pipelines, with the surging investment in the oil & gas industry is expected to provide ample opportunities for the growth of oil & gas pipeline leak detection market. The implementation of stringent norms by government authorities regarding the incorporation of leak detection system is contributing to the growth of oil & gas pipeline leak detection market. For instance, the US Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) has implemented Liquids Mega Rule in which it is important to install leak detection systems in all dangerous liquid pipelines.

The developing economies would witness relatively faster growth in coming years. As per the data cited by Indian Brand Equity Foundation, during FY17, the production of domestic gas in India stood at nearly 30.92 billion cubic meters. The auto LPG sector in India, registered a sales growth of 4.9% during the year 2016-17, acting as a supporting factor for the market.

The report provides detailed qualitative and quantitative analysis of the oil & gas pipeline leak detection market. Market size and forecast in terms of value has been provided for the period - (2017-2025), for the segments namely type and technology in each of the major regions.

Oil & Gas Pipeline Leak Detection Market Player Analysis –

The report presents detailed analysis of major players operating in oil & gas pipeline leak detection. Few of them include Siemens AG, Honeywell International Inc., PSI AG, FLIR Systems Inc., Perma-Pipe Inc., KROHNE Messtechnik GmbH, Atmos International, Schneider Electric SE, Sensit Technologies LLC, Synodon Inc., TTK Leak Detection System, Clampon AS, Pure Technologies Ltd., Bridger Photonics Inc., and Pentair PLC. A detailed coverage on these market players with information on their revenue from oil & gas pipeline leak detection business, market share, gross margin and their growth strategies have been provided in the report.

Market Segmentation

Oil & gas pipeline leak detection market is segmented on the basis of type, technology, and geography. On the basis of type, the market is categorized into oil and gas. Technology wise, the market is segregated into fiber optic sensors, pressure sensors, infra-red detection, flow meters, and other. Geographical coverage has been provided for each of the major regions including North America, Europe, Asia-Pacific, South America and Rest of the World.

Oil & Gas Pipeline Leak Detection Market Segmentation

By Type
By Technology
•Fiber optic sensors
•Pressure sensors
•Infra-red detection
•Flow meters
By Geography
• North America
• Europe
•Rest of Europe
• Asia-Pacific
•Rest of APAC
• South America
•Rest of South America
• Rest of the World
•Middle East

Oil & Gas Pipeline Leak Detection Market Key Players
•Siemens AG
•Honeywell International Inc.
•FLIR Systems Inc.
•Perma-Pipe Inc.
•KROHNE Messtechnik GmbH
•Atmos International
•Schneider Electric SE
•Sensit Technologies LLC
•Synodon Inc.
•TTK Leak Detection System
•Clampon AS
•Pure Technologies Ltd.
•Bridger Photonics Inc.
•Pentair PLC

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    What Information does this report contain?

    • What was the market size of the Oil & gas pipeline leak detection market in 2016 and the expected market size by 2024, along with the growth rate?
    • An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
    • Which are the largest revenue generating products, services or regions and their comparative growth rate?
    • Which technology is in trend and how would it evolve during the forecast period (2016 - 2024)?
    • Which are the leading companies in the Oil & gas pipeline leak detection market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?

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