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Global Leak Detection Market For Oil And Gas Industry 2020-2024Speak directly to the analyst to clarify any post sales queries you may have.
The publisher has been monitoring the leak detection market for oil and gas industry and it is poised to grow by $ 817.56 mn during 2020-2024 progressing at a CAGR of 6% during the forecast period. The reports on leak detection market for oil and gas industry provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing upstream investment and rise in emphasis on ensuring safety of workers across end-user industries. In addition, growing upstream investment is anticipated to boost the growth of the market as well.
The leak detection market for oil and gas industry market analysis includes the product segment, end-user segment and geography landscapes.
The leak detection market for oil and gas industry is segmented as below:
By Product
- Fixed leak detectors
- Portable leak detectors
By Geographical Landscapes
- North America
- Europe
- APAC
- MEA
- South America
By End-user
- Downstream
- Upstream
- Midstream
This study identifies an increase in the number of industry safety performance standards as one of the prime reasons driving the leak detection market for oil and gas industry growth during the next few years.
The leak detection market for oil and gas industry covers the following areas:
- Leak detection market for oil and gas industry sizing
- Leak detection market for oil and gas industry forecast
- Leak detection market for oil and gas industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading leak detection market for oil and gas industry vendors that include Emerson Electric Co., FLIR Systems Inc., Honeywell International Inc., nVent Electric Plc, Pentair Plc, Perma-Pipe International Holdings Inc., Schneider Electric SE, Siemens AG, SONOTEC GmbH, and Xylem Inc.. Also, the leak detection market for oil and gas industry analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
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 an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by End-user
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
Exhibit
Executive Summary
The publisher recognizes the following companies as the key players in the global leak detection market for oil and gas industry: Emerson Electric Co., FLIR Systems Inc., Honeywell International Inc., nVent Electric Plc, Pentair Plc, Perma-Pipe International Holdings Inc., Schneider Electric SE, Siemens AG, SONOTEC GmbH, and Xylem Inc.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is increase in the number of industry safety performance standards.'
According to the report, one of the major drivers for this market is the growing upstream investment.
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.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Emerson Electric Co.
- FLIR Systems Inc.
- Honeywell International Inc.
- nVent Electric Plc
- Pentair Plc
- Perma-Pipe International Holdings Inc.
- Schneider Electric SE
- Siemens AG
- SONOTEC GmbH
- Xylem Inc.