
Global
Oil and Gas Pipeline Leak Detection Equipment Market was valued US$ 2.5 Bn in
2018 and is expected to reach USBn by 2026, at CAGR of 7.2% during
forecast period of 2019 to 2026.
Global
Oil and Gas Pipeline Leak Detection Equipment Market
Oil
and Gas Pipeline Leak Detection Equipment are used to detect leakage of
materials from the pipeline, in order to alert about the leak incidents. The
leakage of oil & gas into the environment can cause substantial damage to
the living & non-living, surroundings. Different technologies are available
to detect the leak from pipelines, depending on the nature of the fluid &
gas in the pipeline and the leak size. An increasing incidents of oil and gas
pipeline leakages are contributing in the growth of the global oil and gas
pipeline leak detection equipment market. If not controlled in time or not
taken necessary precautions, such leakage incidences can convert into hazardous
form or major accidents and have drastic effects on environment and other
living & non-living surroundings and infrastructure.
Global
Oil and Gas Pipeline Leak Detection Equipment Market Segmentation Analysis:
Global
Oil and Gas Pipeline Leak Detection Equipment Market is segmented by location,
by type, by Equipment and by Region. By location, global oil and gas pipeline
leak detection equipment market is segmented into onshore and offshore. Among
these onshore segment held 65% market share in 2018 and expected to keep its
dominance over forecast period. Currently, the oil and gas pipeline leak detection
equipment installed is more in number on onshore locations as compared to
offshore locations. As the offshore exploration activities have been on a rise
in recent years after 2015 the utilization of leak detection equipment has also
increased at offshore locations.
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Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

Aarti ghodke
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electroni..
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