Los Angeles, CA -- (SBWire) -- 03/27/2019 --Ultrasonic gas leak detection (UGLD) is a comparatively recent detection technique and has emerged as an effective means of establishing the presence of gas leaks. It works especially well in open, ventilated areas where other methods of gas detection may not be independent of ventilation. Because UGLDs respond to the source of the leak, rather than the gas itself, they complement sensors that measure gas concentration.

The increase in adoption of gas turbine power plants is one of the key factors driving the market's growth prospects. The replacement of coal-fired power plants by natural gas-based turbine power plants is driving the growth of the market for gas turbines. The rising adoption of gas turbine power plants will directly boost the demand for ultrasonic gas leak detectors. However, these gas turbines are associated with risks and hazards of fuel leaks. The risk of fire hazard is also high because gas turbine power plants are usually located in remote locations. This in turn, will drive the need for ultrasonic gas leak detectors throughout the estimated period to detect the presence of a gas leak.

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The Americas accounted for the majority market shares during 2017 due to the increased production of natural gas and the expansion of gas pipelines. The market will continue to grow for the next four years in the region due to the shift from coal-fired power plants towards natural gas power plants. This will increase the pipeline activities for natural gas in the region, subsequently impacting the growth of the market for ultrasonic gas leak detectors.

The global Ultrasonic Gas Leak Detectors market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.

This report focuses on Ultrasonic Gas Leak Detectors volume and value at global level, regional level and company level. From a global perspective, this report represents overall Ultrasonic Gas Leak Detectors market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:

Bacharach
Spectris
Emerson
MSA
AOIP
Diatex
INFICON
SUTO iTec

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Ultrasonic Gas Leak Detectors Market Segment by Regions

North America
Europe
China
Japan

Ultrasonic Gas Leak Detectors Market Segment by Type

Fixed Ultrasonic Gas Leak Detectors
Portable Ultrasonic Gas Leak Detectors

Ultrasonic Gas Leak Detectors Market Segment by Application

Oil and Gas
Chemical Industry
Others

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