
Global Leak Detection and Repair Market Size & Share to 2027
Description
Global Leak Detection and Repair Market Size & Share to 2027
Global Leak Detection and Repair Market Size, Trends & Growth Opportunity, By Product (Handheld Gas Detectors, UAV-Based Detectors, Vehicle-Based Detectors, and Manned Aircraft Detectors), By Technology (Volatile Organic Compounds Analyzer, Optical Gas Imaging, Laser Absorption Spectroscopy, Ambient/Mobile Leak Monitoring, Acoustic Leak Detection, and Audio- Visual Olfactory Inspection), By Region and Forecast till 2027
Global Leak Detection and Repair Market
Leak detection and repair is process which is specially designed to check weather is some leakage in the pipe which consists of liquids & gases. The main function of LDAR is to repair these leakages from connector, valves, pipes, and others. The LDAR technology finds applications in oil and gas industry segments, namely downstream, midstream, and upstream.
Market Drivers
Increase in oil & gas infrastructure is the key driving factor which is expected to boost the global leak detection and repair market growth. Furthermore, stringent government regulations and policies and rise in awareness regarding the harmful effects of greenhouse gases on environment are some driving factors which expected to drive the market growth during this forecast period. For instance, Environmental Protection Agency had introduced Leak Detection and Repair (LDAR) regulations to reduce emission of volatile organic compounds and volatile hazardous air pollutants from leaking equipments like valves, pumps, and connectors in various industries such as chemical manufacturing, and petroleum refining. Also, continuous advancements in robotics, unmanned aerial vehicles, and industrial automation will positively contribute the market growth. Moreover, increase in demand for operational and safety efficiency among companies will fuel the market growth.
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Market Restraints
However, Increase in cost cutting in oil and gas upstream is the major challenging factor which is expected to hinder the global leak detection and repair market growth. Also, high complexity associated with the leak detection in harsh condition as well as rise in demand for detection will affect the market growth during this forecast period.
Market Segmentation
Global Leak Detection and Repair Market is segmented into product such as Handheld Gas Detectors, UAV-Based Detectors, Vehicle-Based Detectors, and Manned Aircraft Detectors. Further, market is segmented into technology such as Volatile Organic Compounds Analyzer, Optical Gas Imaging, Laser Absorption Spectroscopy, Ambient/Mobile Leak Monitoring, Acoustic Leak Detection, and Audio- Visual Olfactory Inspection.
Also, Global Leak Detection and Repair Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report ABB Ltd.,GHD Group, Chicago Bridge & Iron Company, ERM Group, Inc., Maxion Technologies Inc., Physical Sciences Inc, Avitas Systems, SeekOps, Inc., Advisian, and ENCOS, Inc.
Market Taxonomy
By Product
Global Leak Detection and Repair Market Size, Trends & Growth Opportunity, By Product (Handheld Gas Detectors, UAV-Based Detectors, Vehicle-Based Detectors, and Manned Aircraft Detectors), By Technology (Volatile Organic Compounds Analyzer, Optical Gas Imaging, Laser Absorption Spectroscopy, Ambient/Mobile Leak Monitoring, Acoustic Leak Detection, and Audio- Visual Olfactory Inspection), By Region and Forecast till 2027
Global Leak Detection and Repair Market
Leak detection and repair is process which is specially designed to check weather is some leakage in the pipe which consists of liquids & gases. The main function of LDAR is to repair these leakages from connector, valves, pipes, and others. The LDAR technology finds applications in oil and gas industry segments, namely downstream, midstream, and upstream.
Market Drivers
Increase in oil & gas infrastructure is the key driving factor which is expected to boost the global leak detection and repair market growth. Furthermore, stringent government regulations and policies and rise in awareness regarding the harmful effects of greenhouse gases on environment are some driving factors which expected to drive the market growth during this forecast period. For instance, Environmental Protection Agency had introduced Leak Detection and Repair (LDAR) regulations to reduce emission of volatile organic compounds and volatile hazardous air pollutants from leaking equipments like valves, pumps, and connectors in various industries such as chemical manufacturing, and petroleum refining. Also, continuous advancements in robotics, unmanned aerial vehicles, and industrial automation will positively contribute the market growth. Moreover, increase in demand for operational and safety efficiency among companies will fuel the market growth.
Know more about this report: request for sample pages
Market Restraints
However, Increase in cost cutting in oil and gas upstream is the major challenging factor which is expected to hinder the global leak detection and repair market growth. Also, high complexity associated with the leak detection in harsh condition as well as rise in demand for detection will affect the market growth during this forecast period.
Market Segmentation
Global Leak Detection and Repair Market is segmented into product such as Handheld Gas Detectors, UAV-Based Detectors, Vehicle-Based Detectors, and Manned Aircraft Detectors. Further, market is segmented into technology such as Volatile Organic Compounds Analyzer, Optical Gas Imaging, Laser Absorption Spectroscopy, Ambient/Mobile Leak Monitoring, Acoustic Leak Detection, and Audio- Visual Olfactory Inspection.
Also, Global Leak Detection and Repair Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report ABB Ltd.,GHD Group, Chicago Bridge & Iron Company, ERM Group, Inc., Maxion Technologies Inc., Physical Sciences Inc, Avitas Systems, SeekOps, Inc., Advisian, and ENCOS, Inc.
Market Taxonomy
By Product
- Handheld Gas Detectors
- UAV-Based Detectors
- Vehicle-Based Detectors
- Manned Aircraft Detectors
- Volatile Organic Compounds Analyzer
- Optical Gas Imaging
- Laser Absorption Spectroscopy
- Ambient/Mobile Leak Monitoring
- Acoustic Leak Detection
- Audio- Visual Olfactory Inspection
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
- What are the Key Opportunities in Global Leak Detection and Repair Market?
- What will be the growth rate from 2019 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
- What are the strategies adopted by key players?
Table of Contents
178 Pages
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market Definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Leak Detection and Repair Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Leak Detection and Repair Market, By Product
- 5.1 Y-o-Y Growth Comparison, By Product
- 5.2 Global Leak Detection and Repair Market Share Analysis, By Product
- 5.3 Global Leak Detection and Repair Market Size and Forecast, By Product
- 5.3.1 Handheld Gas Detector
- 5.3.2 UAV Based Detector
- 5.3.3 Vehicle Based Detectors
- 5.3.4 Manned Aircraft Detectors
- 6 Global Leak Detection and Repair Market, By Technology
- 6.1 Y-o-Y Growth Comparison, By Technology
- 6.2 Global Leak Detection and Repair Market Share Analysis, By Technology
- 6.3 Global Leak Detection and Repair Market Size and Forecast, By Technology
- 6.3.1 Volatile Organic Compound Analyser
- 6.3.2 Optical Gas Imaging
- 6.3.3 Laser Absorption Spectroscopy
- 6.3.4 Ambient/Mobile Leak Monitoring
- 6.3.5 Acoustic Leak Detection
- 6.3.6 Audi-Visual Olfactory Inspection
- 7 Global Leak Detection and Repair Market, By Region
- 7.1 Global Leak Detection and Repair Market Share Analysis, By Region
- 7.2 Global Leak Detection and Repair Market Share Analysis, By Region
- 7.3 Global Leak Detection and Repair Market Size and Forecast, By Region
- 8 North America Leak Detection and Repair Market Analysis and Forecast (2020 – 2027)
- 8.1 Introduction
- 8.2 North America Leak Detection and Repair Market Share Analysis, By Product
- 8.3 North America Leak Detection and Repair Market Size and Forecast, By Technology
- 8.4 North America Leak Detection and Repair Market Size and Forecast, By Country
- 8.4.1 U.S
- 8.4.2 Canada
- 8.4.3 Mexico
- 9 Europe Leak Detection and Repair Market Analysis and Forecast (2020 – 2027)
- 9.1 Introduction
- 9.2 Europe Leak Detection and Repair Market Share Analysis, By Product
- 9.3 Europe Leak Detection and Repair Market Size and Forecast, By Technology
- 9.4 Europe Leak Detection and Repair Market Size and Forecast, By Country
- 9.4.1 Germany
- 9.4.2 France
- 9.4.3 UK
- 9.4.4 Rest of Europe
- 10 Asia Pacific Leak Detection and Repair Market Analysis and Forecast (2020 – 2027)
- 10.1 Introduction
- 10.2 Asia Pacific Leak Detection and Repair Market Share Analysis, By Product
- 10.3 Asia Pacific Leak Detection and Repair Market Size and Forecast, By Technology
- 10.4 Asia Pacific Leak Detection and Repair Market Size and Forecast, By Country
- 10.4.1 China
- 10.4.2 Japan
- 10.4.3 India
- 10.4.4 Rest of Asia Pacific
- 11 Latin America Leak Detection and Repair Market Analysis and Forecast (2020 – 2027)
- 11.1 Introduction
- 11.2 Latin America Leak Detection and Repair Market Share Analysis, By Product
- 11.3 Latin America Leak Detection and Repair Market Size and Forecast, By Technology
- 11.4 Latin America Leak Detection and Repair Market Size and Forecast, By Country
- 12 Middle East Leak Detection and Repair Market Analysis and Forecast (2020 – 2027)
- 12.1 Introduction
- 12.2 Middle East Leak Detection and Repair Market Share Analysis, By Product
- 12.3 Middle East Leak Detection and Repair Market Size and Forecast, By Technology
- 12.4 Middle East Leak Detection and Repair Market Size and Forecast, By Country
- 13 Competitive Analysis
- 13.1 Competition Dashboard
- 13.2 Market share Analysis of Top Vendors
- 13.3 Key Development Strategies
- 14 Company Profiles
- 15.1 ABB Ltd
- 15.1.1 Overview
- 15.1.2 Offerings
- 15.1.3 Key Financials
- 15.1.4 Business Segment & Geographic Overview
- 15.1.5 Key Market Developments
- 15.1.6 Key Strategies
- 15.2 GHD Group
- 15.2.1 Overview
- 15.2.2 Offerings
- 15.2.3 Key Financials
- 15.2.4 Business Segment & Geographic Overview
- 15.2.5 Key Market Developments
- 15.2.6 Key Strategies
- 15.3 Chicago Bridge & Iron Company
- 15.3.1 Overview
- 15.3.2 Offerings
- 15.3.3 Key Financials
- 15.3.4 Business Segment & Geographic Overview
- 15.3.5 Key Market Developments
- 15.3.6 Key Strategies
- 15.4 ERM Group, Inc
- 15.4.1 Overview
- 15.4.2 Offerings
- 15.4.3 Key Financials
- 15.4.4 Business Segment & Geographic Overview
- 15.4.5 Key Market Developments
- 15.4.6 Key Strategies
- 15.5 Maxion Technologies Inc
- 15.5.1 Overview
- 15.5.2 Offerings
- 15.5.3 Key Financials
- 15.5.4 Business Segment & Geographic Overview
- 15.5.5 Key Market Developments
- 15.5.6 Key Strategies
- 15.6 Physical Sciences Inc
- 15.6.1 Overview
- 15.6.2 Offerings
- 15.6.3 Key Financials
- 15.6.4 Business Segment & Geographic Overview
- 15.6.5 Key Market Developments
- 15.6.6 Key Strategies
- 15.7 Avitas Systems
- 15.7.1 Overview
- 15.7.2 Offerings
- 15.7.3 Key Financials
- 15.7.4 Business Segment & Geographic Overview
- 15.7.5 Key Market Developments
- 15.7.6 Key Strategies
- 15.8 SeekOps, Inc
- 15.8.1 Overview
- 15.8.2 Offerings
- 15.8.3 Key Financials
- 15.8.4 Business Segment & Geographic Overview
- 15.8.5 Key Market Developments
- 15.8.6 Key Strategies
- 15.9 Advisian
- 15.9.1 Overview
- 15.9.2 Offerings
- 15.9.3 Key Financials
- 15.9.4 Business Segment & Geographic Overview
- 15.9.5 Key Market Developments
- 15.9.6 Key Strategies
- 15.10 ENCOS, Inc
- 15.10.1 Overview
- 15.10.2 Offerings
- 15.10.3 Key Financials
- 15.10.4 Business Segment & Geographic Overview
- 15.10.5 Key Market Developments
- 15.10.6 Key Strategies
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