ABSTRACT
About Leak Detection Market for Oil and Gas Industry

The leak detection systems are used to identify leaks in plants, pipelines, and storage facilities in the oil and gas industry. The highly combustible nature of oil and gas products makes them necessary to closely monitor leakage and repair them immediately. These leaks can develop from high pressure, temperature, and corrosion conditions. The presence of hydrogen sulfide and water content in the crude oil and natural gas primarily causes corrosion in the pipelines. The leaks can develop through seal, gaskets, and valves. Both portable and fixed leak detection systems are used throughout the oil and gas industry.

Technavio’s analysts forecast the global leak detection market for oil and gas industry to grow at a CAGR of 7.35% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global leak detection market for oil and gas industry for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Leak Detection Market for Oil and Gas Industry 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Honeywell
• Pentair
• PSI
• Pure Technologies
• Siemens
Other prominent vendors
• Atmos International
• ClampOn
• EnergySolutions
• EnTech Engineering
• IRT Consult Environmental & Energy
• KROHN Messtechnik
• Perma-Pipe
• RAE Systems
• Schneider Electric
• TTK Group

Market driver
• Stringent government regulations on gas emissions.
• For a full, detailed list, view our report

Market challenge
• Complexity of leak detection in harsh working conditions.
• For a full, detailed list, view our report

Market trend
• Technology improvement in methane leak detection.
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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