Oil And Gas Pipeline Leak Detection Market
Oil and Gas Pipeline Leak Detection Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2018–2028, Segmented By Location (Onshore, Offshore), By Technology (Acoustic Sensors, Flowmeters, Cable Sensors, Vapor Sensors, Others), By Region (North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle-East & Africa (MEA)
- Published Date: August 2022
- Report ID: BWC22291
- Available Format: PDF
- Page: 191
Report Overview
The global oil & gas pipeline leak detection market is flourishing at a high rate owing to the rising demand for energy and expanding import and export activities among states and countries along with stringent government regulations regarding the safety and protection from leakages.
Global Oil & Gas Pipeline Leak Detection Market- Industry Trends & Forecast Report 2028
The global oil & gas pipeline leak detection market was worth USD 3.5 billion in 2021 and is further projected to reach USD 5.7 billion by the year 2028, growing at the CAGR of 7.40 % in the forecast period. The market is flourishing at a high rate owing to the rising demand for energy and expanding import and export activities among states and countries. Furthermore, stringent government regulations regarding the safety and protection from leakages also act as a major driving factor for the oil & gas pipeline leak detection market.
Global Oil & Gas Pipeline Leak Detection - Overview
Pipeline leak detection is used to assess if and, in certain situations, where a leak has occurred in liquid and gas-filled systems. Various different types of methods are used for leak detection such as hydrostatic testing, laser technology, infrared, etc. The Supervisory Control and Data Acquisition (SCADA) system are among the most commonly used leak detection methods. These systems detect and localize leaks as well as provide alarms and display related data to assist controllers during decision making.
Global Oil & Gas Pipeline Leak Detection Market Forecast and Trends
Growth Drivers
Increasing Integration Of Advanced Technologies
The adoption of advanced technologies such as IoT sensors, machine learning, big data, cloud computing, etc., is gaining significant traction for oil & gas pipeline leak detection purposes. The deployment of sensors can track detects and faults in real-time along with helping the controllers make immediate responses. Through data analytics, they are also able to track sensitive zones with frequent leaks to make rectifications. This is anticipated to drive the market growth in the forecast period.
Rising Private And Public Funding In Global Oil And Gas Pipeline Leak Detection
The government and private players are increasingly investing in oil & gas pipeline leak detection to ensure leakproof transport and storage of oil and gas. For instance, Perma-Pipe International Holdings, Inc., announced to have been awarded approx USD 5 million in contracts for the provision of thermally insulated pipes, field joints, and leak detection systems by Consolidated Contractors Company (CCC) Group S.A.L. and Gascool Company in Old City Al Alamein and the Embassies District of the New Administrative Capital of Egypt.
Restraints
Complications Associated With Installation Of Leak Detection Technology
Leak detection technology is gaining significant traction in the oil and gas industry. However, the complications regarding the installation of these systems and their effectiveness may act as a huge restraining factor for market growth. The leak detection systems are expected to pose complications with large diameter pipelines that can directly affect their performance in detecting and can cause severe complications.
Impact of COVID-19 on Global Oil & Gas Pipeline Leak Detection Market
The oil and gas pipeline leak detection market was halted by the sudden COVID-19 pandemic outbreak. The outbreak induced the import and export restrictions of oil and gas along with a significant decline in its demand globally. Furthermore, the oil and gas pipeline installation activities were also temporarily halted due to a shortage of workers and social distancing norms. All these factors imposed severe challenges on the growth of the oil and gas pipeline leak detection market.
Global Oil & Gas Pipeline Leak Detection Market - By Location
Based on location, the oil & gas pipeline leak detection market is segmented into onshore and offshore. The onshore location accounts for the largest market share owing to the severe consequences of oil and gas leaks on life and property on land. However, the offshore segment is projected to register the highest growth rate during the forecast period owing to the increasing installation of oil and gas pipelines at offshore locations.
Global Oil & Gas Pipeline Leak Detection Market - By Technology
Based on technology, the oil & gas pipeline leak detection market is segmented into acoustic sensors, flowmeters, cable sensors, vapor sensors, and others. The acoustic sensors technology holds the largest market share. It is one of the major components of leak detection as it detects the noise of the leak. Other sensors such as cable sensors or vapor sensors also hold a significant share in the market owing to the rising integration of advanced technology such as the Internet of Things (IoT).
Global Oil & Gas Pipeline Leak Detection Market - Regional Insights
Geographically, the oil & gas pipeline leak detection market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. The Asia-Pacific region accounts for the largest share in the oil & gas pipeline leak detection market due to the rising consumption of energy and natural gas. Furthermore, the rising production of natural gas and oil in countries like China is prompting expanding government investments in oil and gas pipeline infrastructures, which is driving the market growth.
Competitive Landscape
The leading market players of the oil & gas pipeline leak detection market are Siemens AG, Bridger Photonics Inc., Honeywell International Inc., Perma-pipe Inc., PSI AG, Synodon Inc., FLIR International, Schneider Electric SE, ClampOn AS, Krohne Messtechnik GmbH, TTK Leak Detection System, Atmos International, and other prominent players.
The oil & gas pipeline leak detection market is mainly dominated by multinational corporations. The companies constantly launch new methods of leak detection and integrate advanced technologies such as sensors to innovate their offers. They also increasingly adopt competitive strategies such as partnerships, mergers, acquisitions, collaborations, etc., to gain a market edge.
Recent Development
-
In November 2021, Schneider Electric, French energy, and automation digital solution provider, and Prisma Photonics, an Israeli next-generation fiber sensing for smart infrastructure, announced their partnership to provide real-time intelligence and precise monitoring of oil and infrastructure.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical data – 2018-2021 |
Base Year – 2021 |
|
Forecast – 2022 – 2028 |
|
Facts Covered |
Revenue in USD Billion |
Market Coverage |
U.S, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India, UAE, South Africa, Saudi Arabia |
Product Service/Segmentation |
By Location, By Technology, By Region |
Key Players |
Siemens AG, Bridger Photonics Inc., Honeywell International Inc., Perma-pipe Inc., PSI AG, Synodon Inc., FLIR International, Schneider Electric SE, ClampOn AS, Krohne Messtechnik GmbH, TTK Leak Detection System, Atmos International, and other prominent players. |
By Location
-
Onshore
-
Offshore
By Technology
-
Acoustic Sensors
-
Flowmeters
-
Cable Sensors
-
Vapor Sensors
-
Others
By Region
-
North America
-
Europe
-
Asia-Pacific (APAC)
-
Latin America (LATAM)
-
Middle-East & Africa (MEA)
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumption & Limitation
- Qualitative Research
- Executive Summary
- Global Oil & Gas Pipeline Leak Detection Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Restraints
- Opportunities
- Challenges
- Technological Landscape/Recent Development
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- Global Oil & Gas Pipeline Leak Detection Market Overview
- Market Size & Forecast by Value, 2018-2028
- By Value (USD Million)
- Market Share & Forecast
- By Type
- Upstream
- Midstream
- Downstream
- By Internal v/s External
- Internal
- External
- By Internal Leak Detection Method
- Mass Volume Balance
- Negative Pressure Wave
- Pressure Point Analysis
- Real Time Transient Monitoring (RTTM)
- By External Leak Detection Method
- Fiber Optic Leak Detection
- Liquid Sensing Cable
- Vapor Sensing Cable
- Acoustic Emission
- By Application
- Onshore
- Offshore
- By End Use
- Buried Pipelines
- Subsea Pipelines
- Refinery/Petrochemical Complex
- By Region
- North America
- Europe
- The Asia Pacific
- Latin America
- The Middle East and Africa
- By Type
- Market Size & Forecast by Value, 2018-2028
- North America Oil & Gas Pipeline Leak Detection Market
- Market Size & Forecast by Value, 2018-2028
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By Internal v/s External
- By Internal Leak detection method
- By External Leak Detection Method
- By Application
- By End-Use
- By Country
- United States
- Canada
- Market Size & Forecast by Value, 2018-2028
- Europe Oil & Gas Pipeline Leak Detection Market
- Market Size & Forecast by Value, 2018-2028
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By Internal v/s External
- By Internal Leak detection method
- By External Leak Detection Method
- By Application
- By End-Use
- By Country
- Germany
- United Kingdom
- Italy
- France
- Spain
- Rest of Europe
- Market Size & Forecast by Value, 2018-2028
- The Asia Pacific Oil & Gas Pipeline Leak Detection Market
- Market Size & Forecast by Value, 2018-2028
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By Internal v/s External
- By Internal Leak detection method
- By External Leak Detection Method
- By Application
- By End-Use
- By Country
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Market Size & Forecast by Value, 2018-2028
- Latin America Oil & Gas Pipeline Leak Detection Market
- Market Size & Forecast by Value, 2018-2028
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By Internal v/s External
- By Internal Leak detection method
- By External Leak Detection Method
- By Application
- By End-Use
- By Country
- Brazil
- Mexico
- Rest of Latin America
- Market Size & Forecast by Value, 2018-2028
- The Middle East & Africa Oil & Gas Pipeline Leak Detection Market
- Market Size & Forecast by Value, 2018-2028
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By Internal v/s External
- By Internal Leak detection method
- By External Leak Detection Method
- By Application
- By End-Use
- By Country
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
- Market Size & Forecast by Value, 2018-2028
- Competitive Landscape
- List of Key Players and Their Offerings
- Market Share Analysis, 2021
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Development (Merger, Acquisition, Partnership.)
- Impact of Covid-19 on Global Oil & Gas Pipeline Leak Detection Market Industry
- Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) **
- Honeywell International, Inc.
- Atmos International Inc.
- Siemens AG, FLIR Systems Inc.
- Schneider Electric SA
- Bridger Photonics Inc.
- ClampOn AS
- Pentair PLC
- Pure Technologies Ltd.
- Ttk-Leak Detection System
- Yokogawa Electric Corporation
- Other prominent players
- Key Strategic Recommendations
*Financial information in case of non-listed companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of Figures
Figure 1 Global Oil & Gas Pipeline Leak Detection Segmentation
Figure 2 Global Oil & Gas Pipeline Leak Detection Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2021
Figure 4 Global Oil & Gas Pipeline Leak Detection Market Size, By Value (USD Million), 2018-2028
Figure 5 Global Oil & Gas Pipeline Leak Detection Market Share, By Type, By Value, 2018-2028
Figure 6 Global Oil & Gas Pipeline Leak Detection Market Share, By Internal v/s External, By Value, 2018-2028
Figure 7 Global Oil & Gas Pipeline Leak Detection Market Share, By Internal Leak detection Method, By Value, 2018-2028
Figure 8 Global Oil & Gas Pipeline Leak Detection Market Share, By External Leak detection Method, By Value, 2018-2028
Figure 9 Global Oil & Gas Pipeline Leak Detection Market Share, By Application, By Value, 2018-2028
Figure 10 Global Oil & Gas Pipeline Leak Detection Market Share, By End-Use, By Value, 2018-2028
Figure 11 Global Oil & Gas Pipeline Leak Detection Market Share, By Region, By Value, 2018-2028
Figure 12 North America Oil & Gas Pipeline Leak Detection Market Size, By Value (USD Million), 2018-2028
Figure 13 North America Oil & Gas Pipeline Leak Detection Market Share, By Type, By Value, 2018-2028
Figure 14 North America Oil & Gas Pipeline Leak Detection Market Share, By Internal v/s External, By Value, 2018-2028
Figure 15 North America Oil & Gas Pipeline Leak Detection Market Share, By Internal Leak detection Method, By Value, 2018-2028
Figure 16 North America Oil & Gas Pipeline Leak Detection Market Share, By External Leak detection Method, By Value, 2018-2028
Figure 17 North America Oil & Gas Pipeline Leak Detection Market Share, By Application, By Value, 2018-2028
Figure 18 North America Oil & Gas Pipeline Leak Detection Market Share, By End-Use, By Value, 2018-2028
Figure 19 North America Oil & Gas Pipeline Leak Detection Market Share, By Country, By Value, 2018-2028
Figure 20 Europe Oil & Gas Pipeline Leak Detection Market Size, By Value (USD Million), 2018-2028
Figure 21 Europe Oil & Gas Pipeline Leak Detection Market Share, By Type, By Value, 2018-2028
Figure 22 Europe Oil & Gas Pipeline Leak Detection Market Share, By Internal v/s External, By Value, 2018-2028
Figure 23 Europe Oil & Gas Pipeline Leak Detection Market Share, By Internal Leak detection Method, By Value, 2018-2028
Figure 24 Europe Oil & Gas Pipeline Leak Detection Market Share, By External Leak detection Method, By Value, 2018-2028
Figure 25 Europe Oil & Gas Pipeline Leak Detection Market Share, By Application, By Value, 2018-2028
Figure 26 Europe Oil & Gas Pipeline Leak Detection Market Share, By End-Use, By Value, 2018-2028
Figure 27 Europe Oil & Gas Pipeline Leak Detection Market Share, By Country, By Value, 2018-2028
Figure 28 The Asia-Pacific Oil & Gas Pipeline Leak Detection Market Size, By Value (USD Million), 2018-2028
Figure 29 The Asia-Pacific Oil & Gas Pipeline Leak Detection Market Share, By Type, By Value, 2018-2028
Figure 30 The Asia-Pacific Oil & Gas Pipeline Leak Detection Market Share, By Internal v/s External, By Value, 2018-2028
Figure 31 The Asia-Pacific Oil & Gas Pipeline Leak Detection Market Share, By Internal Leak detection Method, By Value, 2018-2028
Figure 32 The Asia-Pacific Oil & Gas Pipeline Leak Detection Market Share, By External Leak detection Method, By Value, 2018-2028
Figure 33 The Asia-Pacific Oil & Gas Pipeline Leak Detection Market Share, By Application, By Value, 2018-2028
Figure 34 The Asia-Pacific Oil & Gas Pipeline Leak Detection Market Share, By End-Use, By Value, 2018-2028
Figure 35 The Asia-Pacific Oil & Gas Pipeline Leak Detection Market Share, By Country, By Value, 2018-2028
Figure 36 Latin America Oil & Gas Pipeline Leak Detection Market Size, By Value (USD Million), 2018-2028
Figure 37 Latin America Oil & Gas Pipeline Leak Detection Market Share, By Type, By Value, 2018-2028
Figure 38 Latin America Oil & Gas Pipeline Leak Detection Market Share, By Internal v/s External, By Value, 2018-2028
Figure 39 Latin America Oil & Gas Pipeline Leak Detection Market Share, By Internal Leak detection Method, By Value, 2018-2028
Figure 40 Latin America Oil & Gas Pipeline Leak Detection Market Share, By External Leak detection Method, By Value, 2018-2028
Figure 41 Latin America Oil & Gas Pipeline Leak Detection Market Share, By Application, By Value, 2018-2028
Figure 42 Latin America Oil & Gas Pipeline Leak Detection Market Share, By End-Use, By Value, 2018-2028
Figure 43 Latin America Oil & Gas Pipeline Leak Detection Market Share, By Country, By Value, 2018-2028
Figure 44 The Middle East & Africa Oil & Gas Pipeline Leak Detection Market Size, By Value (USD Million), 2018-2028
Figure 45 The Middle East & Africa Oil & Gas Pipeline Leak Detection Market Share, By Type, By Value, 2018-2028
Figure 46 The Middle East & Africa Oil & Gas Pipeline Leak Detection Market Share, By Internal v/s External, By Value, 2018-2028
Figure 47 The Middle East & Africa Oil & Gas Pipeline Leak Detection Market Share, By Internal Leak detection Method, By Value, 2018-2028
Figure 48 The Middle East & Africa Oil & Gas Pipeline Leak Detection Market Share, By External Leak detection Method, By Value, 2018-2028
Figure 49 The Middle East & Africa Oil & Gas Pipeline Leak Detection Market Share, By Application, By Value, 2018-2028
Figure 50 The Middle East & Africa Oil & Gas Pipeline Leak Detection Market Share, By End-Use, By Value, 2018-2028
Figure 51 The Middle East & Africa Oil & Gas Pipeline Leak Detection Market Share, By Country, By Value, 2018-2028
List of Tables
Table 1 Global Oil & Gas Pipeline Leak Detection Market Size, By Type, By Value, 2018-2028
Table 2 Global Oil & Gas Pipeline Leak Detection Market Size, By Internal v/s External, By Value, 2018-2028
Table 3 Global Oil & Gas Pipeline Leak Detection Market Size, By Internal Leak detection Method, By Value, 2018-2028
Table 4 Global Oil & Gas Pipeline Leak Detection Market Size, By External Leak detection Method, By Value, 2018-2028
Table 5 Global Oil & Gas Pipeline Leak Detection Market Size, By Application, By Value, 2018-2028
Table 6 Global Oil & Gas Pipeline Leak Detection Market Size, By End-Use, By Value, 2018-2028
Table 7 Global Oil & Gas Pipeline Leak Detection Market Size, By Region, By Value, 2018-2028
Table 8 North America Oil & Gas Pipeline Leak Detection Market Size, By Type, By Value, 2018-2028
Table 9 North America Oil & Gas Pipeline Leak Detection Market Size, By Internal v/s External, By Value, 2018-2028
Table 10 North America Oil & Gas Pipeline Leak Detection Market Size, By Internal Leak detection Method, By Value, 2018-2028
Table 11 North America Oil & Gas Pipeline Leak Detection Market Size, By External Leak detection Method, By Value, 2018-2028
Table 12 North America Oil & Gas Pipeline Leak Detection Market Size, By Application, By Value, 2018-2028
Table 13 North America Oil & Gas Pipeline Leak Detection Market Size, By End-Use, By Value, 2018-2028
Table 14 North America Oil & Gas Pipeline Leak Detection Market Size, By Country, By Value, 2018-2028
Table 15 Europe Oil & Gas Pipeline Leak Detection Market Size, By Type, By Value, 2018-2028
Table 16 Europe Oil & Gas Pipeline Leak Detection Market Size, By Internal v/s External, By Value, 2018-2028
Table 17 Europe Oil & Gas Pipeline Leak Detection Market Size, By Internal Leak detection Method, By Value, 2018-2028
Table 18 Europe Oil & Gas Pipeline Leak Detection Market Size, By External Leak detection Method, By Value, 2018-2028
Table 19 Europe Oil & Gas Pipeline Leak Detection Market Size, By Application, By Value, 2018-2028
Table 20 Europe Oil & Gas Pipeline Leak Detection Market Size, By End-Use, By Value, 2018-2028
Table 21 Europe Oil & Gas Pipeline Leak Detection Market Size, By Country, By Value, 2018-2028
Table 22 The Asia-Pacific Oil & Gas Pipeline Leak Detection Market Size, By Type, By Value, 2018-2028
Table 23 The Asia-Pacific Oil & Gas Pipeline Leak Detection Market Size, By Internal v/s External, By Value, 2018-2028
Table 24 The Asia-Pacific Oil & Gas Pipeline Leak Detection Market Size, By Internal Leak detection Method, By Value, 2018-2028
Table 25 The Asia-Pacific Oil & Gas Pipeline Leak Detection Market Size, By External Leak detection Method, By Value, 2018-2028
Table 26 The Asia-Pacific Oil & Gas Pipeline Leak Detection Market Size, By Application, By Value, 2018-2028
Table 27 The Asia-Pacific Oil & Gas Pipeline Leak Detection Market Size, By End-Use, By Value, 2018-2028
Table 28 The Asia-Pacific Oil & Gas Pipeline Leak Detection Market Size, By Country, By Value, 2018-2028
Table 29 Latin America Oil & Gas Pipeline Leak Detection Market Size, By Type, By Value, 2018-2028
Table 30 Latin America Oil & Gas Pipeline Leak Detection Market Size, By Internal v/s External, By Value, 2018-2028
Table 31 Latin America Oil & Gas Pipeline Leak Detection Market Size, By Internal Leak detection Method, By Value, 2018-2028
Table 32 Latin America Oil & Gas Pipeline Leak Detection Market Size, By External Leak detection Method, By Value, 2018-2028
Table 33 Latin America Oil & Gas Pipeline Leak Detection Market Size, By Application, By Value, 2018-2028
Table 34 Latin America Oil & Gas Pipeline Leak Detection Market Size, By End-Use, By Value, 2018-2028
Table 35 Latin America Oil & Gas Pipeline Leak Detection Market Size, By Country, By Value, 2018-2028
Table 36 The Middle East & Africa Oil & Gas Pipeline Leak Detection Market Size, By Type, By Value, 2018-2028
Table 37 The Middle East & Africa Oil & Gas Pipeline Leak Detection Market Size, By Internal v/s External, By Value, 2018-2028
Table 38 The Middle East & Africa Oil & Gas Pipeline Leak Detection Market Size, By Internal Leak detection Method, By Value, 2018-2028
Table 39 The Middle East & Africa Oil & Gas Pipeline Leak Detection Market Size, By External Leak detection Method, By Value, 2018-2028
Table 40 The Middle East & Africa Oil & Gas Pipeline Leak Detection Market Size, By Application, By Value, 2018-2028
Table 41 The Middle East & Africa Oil & Gas Pipeline Leak Detection Market Size, By End-Use, By Value, 2018-2028
Table 42 The Middle East & Africa Oil & Gas Pipeline Leak Detection Market Size, By Country, By Value, 2018-2028
Table 43 Honeywell International, Inc. Company Overview
Table 44 Honeywell International, Inc. Financial Overview
Table 45 Atmos International Inc. Company Overview
Table 46 Atmos International Inc. Financial Overview
Table 47 Schneider Electric SA Company Overview
Table 48 Schneider Electric SA Financial Overview
Table 49 Bridger Photonics Inc. Company Overview
Table 50 Bridger Photonics Inc. Financial Overview
Table 51 Pentair PLC Company Overview
Table 52 Pentair PLC Financial Overview
Table 53 Ttk-Leak Detection System Company Overview
Table 54 Ttk-Leak Detection System Financial Overview
Table 55 Yokogawa Electric Corporation Company Overview
Table 56 Yokogawa Electric Corporation Financial Overview
Market Segmentation
By Location
- Onshore
- Offshore
By Technology
- Acoustic Sensors
- Flowmeters
- Cable Sensors
- Vapor Sensors
- Others
By Region
- North America
- Europe
- Asia-Pacific (APAC)
- Latin America (LATAM)
- Middle-East & Africa (MEA)
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