Global Leak Detection Market for Oil and Gas Industry 2017-2021

  • ID: 4143995
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • Atmos International
  • EnergySolutions
  • Honeywell
  • Pentair
  • PSI
  • RAE Systems
  • MORE
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.

The 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

The 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 drivers
- Stringent government regulations on gas emissions.
- For a full, detailed list, view the full report

Market challenges
- Complexity of leak detection in harsh working conditions.
- For a full, detailed list, view the full report

Market trends
- Technology improvement in methane leak detection.
- For a full, detailed list, view the full 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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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Atmos International
  • EnergySolutions
  • Honeywell
  • Pentair
  • PSI
  • RAE Systems
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Key market highlights
  • Leak detection systems
  • Oil and gas technological overview
  • Petrochemicals
  • Pipelines in oil and gas business
  • Types of pipelines
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by product
  • Global leak detection market for oil and gas industry by product type
  • Global leak detection market for oil and gas industry by fixed leak detectors
  • Global leak detection market for oil and gas industry by portable leak detectors
PART 07: Market segmentation by end-users
  • Global leak detection market for oil and gas industry by end-users
  • Global leak detection market for oil and gas industry by downstream
  • Global leak detection market for oil and gas industry by upstream
  • Global leak detection market for oil and gas industry by midstream
PART 08: Geographical segmentation
  • Global leak detection market for oil and gas industry by geography
  • Leak detection market for oil and gas industry in Americas
  • Leak detection market for oil and gas industry in EMEA
  • Leak detection market for oil and gas industry in APAC
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Impact of drivers on key customer segments
  • Market challenges
  • Impact of challenges on key customer segments
PART 11: Market trends
  • Technology improvement in methane leak detection
  • Development of drone technology
  • Increasing use of wireless gas detection system
PART 12: Vendor landscape
  • Competitor landscape
  • Other prominent vendors
PART 13: Key vendor analysis
  • Honeywell
  • Pentair
  • PSI
  • Pure Technologies
  • Siemens
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Gas compressor building: Potential leak issues
Exhibit 02: Wells: Potential leak issues
Exhibit 03: Pipeline: Potential leak issues
Exhibit 04: Refineries and petrochemical plants: Potential leak issues
Exhibit 05: Storage farms: Potential leak issues
Exhibit 06: Oil and gas pipeline classifications
Exhibit 07: Global leak detection market for oil and gas industry
Exhibit 08: Global leak detection market for oil and gas industry 2016-2021 ($ billions)
Exhibit 09: Global natural gas price variation for 2014-2016 (in $/MMBtu)
Exhibit 10: Five forces analysis
Exhibit 11: Global leak detection market for oil and gas industry by product type 2016 and 2021 (%)
Exhibit 12: Global leak detection market for oil and gas industry by product type 2016-2021 ($ billions)
Exhibit 13: Global leak detection market for oil and gas industry by fixed leak detectors 2016-2021 ($ billions)
Exhibit 14: Global leak detection market for oil and gas industry by portable leak detectors market 2016-2021 ($ billions)
Exhibit 15: Leak detection application for oil and gas
Exhibit 16: Global leak detection market for oil and gas industry by end-users 2016 and 2021 (%)
Exhibit 17: Global leak detection market for oil and gas industry by end-users 2016-2021 ($ billions)
Exhibit 18: Global leak detection market for oil and gas industry by downstream market 2016-2021 ($ billions)
Exhibit 19: Global leak detection market for oil and gas industry by upstream market 2016-2021 ($ billions)
Exhibit 20: Global leak detection market for oil and gas industry by midstream market 2016-2021 ($ billions)
Exhibit 21: Global leak detection market for oil and gas industry by geography 2016 and 2021 (%)
Exhibit 22: Global leak detection market for oil and gas industry by geography 2016-2021 ($ billions)
Exhibit 23: Leak detection market for oil and gas industry in Americas 2016-2021 ($ billions)
Exhibit 24: Leak detection market for oil and gas industry in EMEA 2016-2021 ($ billions)
Exhibit 25: Leak detection market for oil and gas industry in APAC 2016-2021 ($ billions)
Exhibit 26: Main feedstocks of petrochemical industry 2015
Exhibit 27: Petrochemical production by region and countries 2015
Exhibit 28: Mandatory implementation of applications under US Pipeline Safety Act 2011
Exhibit 29: Leak detection regulation mandates under US Pipeline Safety Act 2011
Exhibit 30: Impact of drivers
Exhibit 31: Impact of challenges
Exhibit 32: Advantages of wireless gas detection system
Exhibit 33: Honeywell: Key product offerings
Exhibit 34: Honeywell: Key developments
Exhibit 35: Pentair: Key product offerings
Exhibit 36: PSI: Key product offerings
Exhibit 37: Pure Technologies: Key product offerings
Exhibit 38: Pure Technologies: Key developments
Exhibit 39: Siemens: Key product offerings
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FEATURED COMPANIES

  • Atmos International
  • EnergySolutions
  • Honeywell
  • Pentair
  • PSI
  • RAE Systems
  • MORE
New Report Released: – Global Leak Detection Market for Oil and Gas Industry 2017-2021

The author of the report recognizes the following companies as the key players in the global leak detection market for oil and gas industry: Honeywell, Pentair, PSI, Pure Technologies, and Siemens.

Other Prominent Vendors in the market are: Atmos International, ClampOn, EnergySolutions, EnTech Engineering, IRT Consult Environmental & Energy, KROHN Messtechnik, Perma-Pipe, RAE Systems, Schneider Electric, and TTK.

Commenting on the report, an analyst from the research team said: “One trend in market is technology improvement in methane leak detection. Methane is the primary component of natural gas. It is emitted in the atmosphere at multiple stages of the oil and gas industry in many ways, and one such way is through pipeline leaks. This is a major challenge for the oil and gas industry as methane is 80 times more powerful than carbon dioxide in causing greenhouse gas emissions. It is also a challenge as it is a product loss for the industry. The small leaks if detected can have a major impact on the cost savings as well as reduction of incidents. It is a challenge to detect methane leaks, which are as low as 2 ppm. For instance, handheld detectors used for alcohol level detection in drivers are being developed for small methane leaks by RAE systems.”

According to the report, one driver in market is aging pipeline infrastructure. If properly maintained, the fuel pipelines can operate for 40 to 50 years. However, as they start aging the problem of corrosion starts. The aging pipelines are more prone to corrosion, which makes them more liable to leakage. Hence, they require leak detection systems to closely monitor and limit leakages to avoid accidents. The aging pipelines worldwide are currently leading the demand for the leak detection systems. The US exhibits strong demand due to its vast aging oil and gas pipeline infrastructure with more than two-third of the fuel pipelines in the US dating back to 1970. There have been recent disruptions in the operations of these pipelines due to gas and oil leaks. In a recent disruption of the Colonial Pipeline Company, the operations were shut for almost two weeks in September 2016. This has impacted with an increase in fuel oil prices by 20 cents.

Further, the report states that one challenge in market is complexity of leak detection in harsh working conditions. The oil and gas pipelines in the Arctic offshore are subject to multiple environment load conditions and in future failure mechanisms including fracture, buckling, fatigue, and burst. As these pipelines are in remote locations and under thick ice cover, the leaks need to be minimized due to the high repair costs. Large leeks can be detected through computational pipeline monitoring (CPM) systems, but the small-scale leaks can go undetected, as these pipelines are at lower depths and under constant seasonal ice cover.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Honeywell
  • Pentair
  • PSI
  • Pure Technologies
  • Siemens
  • Atmos International
  • ClampOn
  • EnergySolutions
  • EnTech Engineering
  • IRT Consult Environmental & Energy
  • KROHN Messtechnik
  • Perma-Pipe
  • RAE Systems
  • Schneider Electric
  • TTK
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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