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Global Leak Detection Market 2018 Growth Opportunities, Industry Analysis, Size, Share, Geographic Segmentation & Competitive Landscape Report to 2024

 

Pune, India -- (SBWIRE) -- 09/05/2018 -- The Global Leak Detection Market can be segmented in product, application, end-user, and region, which are being used the key players and brands that are dominating the market and are having a huge impact on the market as a whole by their moves like product launches, their researches, joint ventures, merges, and accusations. This reports consists all the company profiles of the key players and brands. The report also stands apart when it comes to explaining the definition, classifications, applications, and engagements for the Leak Detection market.

The Global Leak Detection Market accounted for USD 2.35 billion in 2016 and is projected to grow at a CAGR of 6.13% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Global Leak Detection Market By Category (Oil, Gas), Product (Fixed, Portable), Technology For Oil (Acoustic/Ultrasonic, Mass/Volume Balance, Fiber Optic, Vapor Sensing Tubes, E-RTTM), Technology For Gas (Acoustic/Ultrasonic, Laser Absorption & Lidar, Cable Based, Statistical & Real Time Monitoring, Vapor Sensing, Flow Monitoring, Thermal Imaging), End User (Upstream, Middle stream, Downstream) – Industry Trends and Forecast to 2024

Major Market Competitors:


- Honeywell International Inc.,

- FLIR Systems, Inc.,

- Siemens AG,

- Synodon Inc.,

- PSI AG,

- ClampON AS,

- KROHNE Messtechnik GmbH,

- Pure Technologies,

- Pentair PLC.,

- Schneider Electric,

- SENSIT Technologies,

- Atmos International,

- Perma-Pipe,

- Bridger Photonics Inc.,

- TTK-Leak Detection System,

- EnergySolutions,

- RAE Systems,

- EnTech Engineering and IRT Consult Environmental & Energy Ltd

- Among others.


Market Definition:

Leak detection is a method through which occurrence of a leak is determined during corrosion. It can either be in a gaseous or in a liquid form. Both external and internal methods of detection are being available for leak detection such as laser and infrared technology, hydrostatic testing and many more.

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Market Drivers:


- Growth in petrochemical industries and production activities

- Rising incidences of oil and gas leakages

- Strict government regulation and environmental concerns


Market Restraint:                  


- Modification of leak detection systems


Market Segmentation:

On the basis of category:-  Oil and gas.

On the basis of product:- fixed leak detector and portable leak detector.

On the basis of technology for oil:- Acoustic/ultrasonic, mass/volume balance, fiber optic, vapor sensing tubes and extended real time transient model (E-RTTM).

On the basis of technology for gas:- Acoustic/ultrasonic, laser absorption & lidar, cable based, statistical & real time monitoring, vapor sensing, flow monitoring and thermal imaging.

On the basis of end user:- Upstream, middle stream and downstream.

On the basis of geography:- North America, South America, Europe, Asia-Pacific and Middle East and Africa.

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