How pipeline leak detection is set to change over the next decade

9294639633 41119647f0 z(Image source: Maureen/Flickr)Oil and gas pipeline leak detection equipment are utilised to detect leaks in the pipelines carrying oil and gas

Due to hazardous nature of oil and gas their transportation through pipelines require extra care and safety. Oil and gas spills can endanger ecology of the area and can adversely affect life in that area. Therefore strict environmental rules and regulations regarding oil and gas have made it necessary for pipeline operators to employ pipeline leak detection systems across the globe. Aging pipeline infrastructure along with planned and under-construction pipeline projects would boost the demand for oil and gas pipeline leak detection equipment. The performance of oil and gas pipeline leak detection equipment is based on parameters such as reliability, sensitivity, and accuracy. A small leak if not detected in time can lead to a huge spill causing damage to

Due to hazardous nature of oil and gas their transportation through pipelines require extra care and safety. Oil and gas spills can endanger ecology of the area and can adversely affect life in that area. Therefore strict environmental rules and regulations regarding oil and gas have made it necessary for pipeline operators to employ pipeline leak detection systems across the globe. Aging pipeline infrastructure along with planned and under-construction pipeline projects would boost the demand for oil and gas pipeline leak detection equipment. The performance of oil and gas pipeline leak detection equipment is based on parameters such as reliability, sensitivity, and accuracy. A small leak if not detected in time can lead to a huge spill causing damage to environment and resulting in business loss for pipeline operator in terms of leaked oil & gas and compensation to be paid for damaging environment and life. Therefore pipeline operators are installing leak detection equipment in their pipelines at an increasing rate.

"The Report Oil and Gas Pipeline Leak Detection Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" analyzes, eanalyses, and forecasts the global oil and gas pipeline leak detection equipment market in terms of revenue (US$ Mn) from 2015 to 2024. Market numbers given in the report describe the demand for global oil and gas pipeline leak detection equipment, but not production or supply. The global oil and gas pipeline leak detection equipment report also analyses several driving and restraining factors and their impact on the market during the forecast period.

The report provides comprehensive analysis of the global oil and gas pipeline leak detection equipment by technology, location, equipment type and regions. It segments the market into technologies such as mass-volume balance, acoustic/ultrasonic, fiber optics, vapor sensing, and others (thermal imaging, real-time transient modeling (RTTM), etc.). It also classifies market into location- onshore and offshore. The report divides the oil and gas pipeline leak detection equipment market based on equipment type such as flowmeters, acoustic sensors, cable sensors, and others (thermal imaging cameras, pressure valves, etc.). The report also segments the oil and gas pipeline leak detection equipment market based on major geographies into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Primary research represents the majority of our research efforts, complemented by extensive secondary research. Market Research Report has reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of technical writing, internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most consistent, effective, and productive approach for procuring precise market data, recognizing business opportunities, and understanding industry participants’ perceptions.

Secondary research sources that are typically referred to include broker reports, corporation websites, external patented databases, financial reports, stockholder presentations, Securities & Exchange Commission filings, proprietary databases and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market. 

The report includes an overview of the market share of key companies in the global oil and gas pipeline leak detection equipment market. Market share of companies has been derived on the basis of revenue generated by the companies from the sale of oil and gas pipeline leak detection equipment. Key market players profiled in the study are Siemens AG, PSI AG, KROHNE Messtechnik GmbH, Honeywell International Inc., Schneider Electric SE, ATMOS International, Perma-Pipe Inc., Pentair Thermal Management, FLIR Systems Inc., Pure Technologies Ltd., TTK-Liquid Leak Detection Systems, and AREVA NP.

Oil and Gas Pipeline Leak Detection Equipment Market analyses regions including: Middle East & Africa, South Africa, Egypt, GCC and Rest of Middle East & Africa (MEA). It also looks at North America, U.S, Canada, Europe, UK, France, Germany, Italy, Spain, Rest of Europe, Asia Pacific, China, India, Japan, ASEAN, Rest of Asia Pacific (APAC), Latin America, Brazil, Argentina and Rest of Latin America (LATAM)

The full report can be downloaded here - https://www.marketresearchreports.biz/reports/226282/oil-and-gas-pipeline-leak-market-research-reports

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