Home / Oil & Gas / Pipeline Leak Detection Market By Product (Natural Gas, Crude Oil, Petroleum Products (White Oils), Attractive Investment Proportion By Product Type), By Technology (Negative Pressure Wave, E-RTTM, Fiber Optic Cables, Vapor Sensing Tubes, Mass-Volume Balance Method) - Growth, Future Prospects & Competitive Analysis, 2016 - 2023

Pipeline Leak Detection Market By Product (Natural Gas, Crude Oil, Petroleum Products (White Oils), Attractive Investment Proportion By Product Type), By Technology (Negative Pressure Wave, E-RTTM, Fiber Optic Cables, Vapor Sensing Tubes, Mass-Volume Balance Method) - Growth, Future Prospects & Competitive Analysis, 2016 - 2023

Published: Nov 2016 | Report Code: 58197-11-16

Global leak detection system market is expected to gain momentum with growing pipeline network and increasing demand for fossil fuels. Advancement in technology has facilitated the pipeline operators to remotely monitor pipeline operations. Global pipeline network is about 3.5 million kilometers which is responsible for movement of oil & gas products across the globe. Pipelines are considered to be the safest and the most efficient mode of transportation of hydrocarbons as they are hazardous in nature and any spillage or leakage can results in huge loss to the product owner as well as to the environment. Leakage is considered as the most common problem in pipelines operations which not only results in product loss but also can results accidents with huge potential to damage nearby environment. Accident happened in recent past such as explosion in gas pipeline in Minnesota, U.S., and eruption of natural gas pipeline in Nebraska in 2014 has bought in legislation for the pipeline carrying hazardous products to mandatory have leak detection system. Thus, global leak detection system market for oil & gas industry is anticipated to driven by factors such as increasing natural gas production, increasing trade of oil & gas products coupled with growing pipeline infrastructure and associated regulatory policies. However, volatile oil prices restricting cash flow of the oil producers which is likely have a negative impact on upcoming pipeline project which in turn is expected to restrain the demand for pipeline leak detection system in oil & gas industry.

North America is expected to largest region in global pipeline leak detection system market for oil & gas industry which is anticipated to contribute over 60% by end of 2016 due to wide pipeline infrastructure of over 2.3 million kilometers is used to transport crude oil, natural gas & other petroleum products.

Global leak detection system market for oil & gas industry has been projected to be valued at US$ 2.1 Bn by the end of 2016 and is expected to expand at a CAGR 6.1% during the forecast period 2016-2023.

Pipeline Leak Detection System Market for Oil & Gas Industry

Purpose of the Report

The purpose of this strategic research study titled “Global Pipeline Leak Detection System Market for Oil & Gas Industry- Growth, Future Prospects, Competitive Analysis and Forecast, 2016 – 2023” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global production oilfield services & equipments market.

Target Audience

  • Industry Investors
  • Research Professionals
  • Emerging Companies
  • Pipeline Leak Detection Service Providers
  • Oil & Gas exploration and production companies
  • Downstream & Midstream Companies
  • Research Institutes

USP and Key Offerings

The report titled “Global Pipeline Leak Detection System Market for Oil & Gas Industry- Growth, Future Prospects, Competitive Analysis and Forecast, 2016 – 2023” offers strategic insights into the global pipeline leak detection system market for oil & gas industry along with the market size and estimates for the duration 2013 to 2023. The said research study covers in-depth analysis of multiple market segments based on technology, product type and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading oilfield services providers, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:

  • Current and future market trends to justify the forthcoming attractive markets within oil & gas industry
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 3-Year market size data (2013 – 2015)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global pipeline leak detection system market for oil & gas industry growth, offering market size and estimates for the period from 2013 to 2023, keeping in mind the above mentioned factors.

1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

2. Executive Summary
2.1. Global Pipeline Leak Detection System Market for Oil & Gas Industry Snapshot
2.1.1. Global Pipeline Leak Detection System Market for Oil & Gas Industry (US$ Mn), by Technology, 2016
2.1.2. Global Pipeline Leak Detection System Market for Oil & Gas Industry (US$ Mn), by Product Type, 2016
2.1.3. Global Pipeline Leak Detection System Market for Oil & Gas Industry (US$ Mn), by Geography, 2016

3. Global Pipeline Leak Detection System Market for Oil & Gas Industry Dynamics
3.1. Market Overview
3.2. Value Chain Analysis
3.3. Drivers
3.4. Challenges
3.5. Future Prospects
3.6. Impact Analysis of Drivers and Challenges During the Forecast Period (2016-2023)

4. Global Pipeline Leak Detection System Market for Oil & Gas Industry Size (US$ Mn), By Technology, 2013 – 2023
4.1. Overview
4.1.1. YOY growth comparison by Technology during the forecast period (2016-2023)
4.1.2. Market Share Analysis by Technology
4.2. Negative Pressure Wave
4.3. E-RTTM
4.4. Fiber Optic Cables
4.5. Vapor Sensing Tubes
4.6. Mass-Volume Balance Method
4.7. Others (Infrared Radiometer, Thermal Cameras)
4.8. Attractive Investment Proportion by Technology

5. Global Pipeline Leak Detection System Market for Oil & Gas Industry Size (US$ Mn), By Product Type, 2013 – 2023
5.1. Overview
5.1.1. YOY growth comparison by Product Type during the forecast period (2016-2023)
5.1.2. Market Share Analysis by Product Type
5.2. Natural Gas
5.3. Crude Oil
5.4. Petroleum Products (White Oils)
5.5. Attractive Investment Proportion by Product Type

6. Global Pipeline Leak Detection System Market for Oil & Gas Industry Size (US$ Mn), By Geography, 2013 – 2023
6.1. Overview
6.1.1. YOY growth comparison by Geography during the forecast period (2016-2023)
6.1.2. Market Share Analysis by Geography
6.1.3. Attractive Investment Proportion by Geography
6.2. North America Pipeline Leak Detection System Market for Oil & Gas Industry Analysis (US$ Mn), 2013 – 2023
6.2.1. North America Pipeline Leak Detection System Market Size (US$ Mn), By Country, 2013 – 2023
6.2.1.1. U.S.
6.2.1.2. Canada
6.3. Europe Pipeline Leak Detection System Market for Oil & Gas Industry Analysis (US$ Mn), 2013 – 2023
6.3.1. Europe Pipeline Leak Detection System Market Size (US$ Mn), By Country, 2013 – 2023
6.3.1.1. U.K.
6.3.1.2. France
6.3.1.3. Russia
6.3.1.4. Rest of Europe
6.4. Asia Pacific Pipeline Leak Detection System Market for Oil & Gas Industry Analysis (US$ Mn), 2013 – 2023
6.4.1. Asia Pacific Pipeline Leak Detection System Market Size (US$ Mn), By Country, 2013 – 2023
6.4.1.1. China
6.4.1.2. Japan
6.4.1.3. Rest of Asia Pacific
6.5. Middle East & Africa (MEA) Pipeline Leak Detection System Market for Oil & Gas Industry Analysis (US$ Mn), 2013 – 2023
6.5.1. MEA Pipeline Leak Detection System Market Size (US$ Mn), By Country, 2013 – 2023
6.5.1.1. GCC
6.5.1.2. Rest of MEA
6.6. Latin America Pipeline Leak Detection System Market for Oil & Gas Industry Analysis (US$ Mn), 2013 – 2023
6.6.1. Latin America Pipeline Leak Detection System Market Size (US$ Mn), By Country, 2013 – 2023
6.6.1.1. Brazil
6.6.1.2. Mexico
6.6.1.3. Rest of MEA

7. Company Profiles
7.1. Competitive Dashboard
7.2. Key Pipeline Leak Detection System Providers
7.2.1. Pure Technologies
7.2.1.1. Business Description
7.2.1.2. Financial Information
7.2.1.3. Product Positions/Portfolio
7.2.1.4. Key Developments
7.2.2. General Electric
7.2.3. Honeywell International Inc
7.2.4. Perma-Pipe Inc.
7.2.5. Schneider Electric
7.2.6. Hifi Engineering Inc.
7.2.7. Siemens AG
7.2.8. Atmos International (Atmos)
7.2.9. Pentair plc
7.2.10. Other notable players

List of Figures

Figure 1: Global Pipeline Leak Detection System Market for Oil & Gas Industry Value (US$ Mn) Forecast, 2016-2023
Figure 2: Global Pipeline Leak Detection System Market for oil & Gas Industry YOY Growth Comparison, 2016-2023
Figure 3: Global Pipeline Leak Detection System Market for Oil & Gas Industry YOY (%) Comparison by Product Type, 2016-2023
Figure 4: Global Pipeline Leak Detection System Market for Oil & Gas Industry Share (%) Analysis Forecast, by Product Type, 2016-2023
Figure 5: Global Pipeline Leak Detection System Market for Oil & Gas Industry Investment Proportion by Product Type, 2016-2023
Figure 6: Global Pipeline Leak Detection System Market for Oil & Gas Industry YOY(%) Comparison by Geography, 2016-2023
Figure 7: Global Pipeline Leak Detection System Market for Oil & Gas Industry Market Share (Value%) Analysis, by Geography, 2016-2023
Figure 8: Global Drill bits Market Investment Proportion by Geography, 2016-2023
Figure 9: North America Pipeline Leak Detection System Market Value (US$ Mn) Forecast by Country, 2016-2023
Figure10: North America Pipeline Leak Detection System Market Share Analysis by Country, 2016-2023
Figure11: North America Pipeline Leak Detection System Market Investment Proportion by Country
Figure12: Europe Pipeline Leak Detection System Market Value (US$ Mn) Forecast by Country, 2016-2023
Figure13: Europe Pipeline Leak Detection System Market Share Analysis by Country, 2016-2023
Figure14: Europe Pipeline Leak Detection System Market Investment Proportion by Country, 2016-2023
Figure15: Asia Pacific Pipeline Leak Detection System Market Value (US$ Mn) Forecast by Country, 2016-2023
Figure16: Asia Pacific Pipeline Leak Detection System Market Share Analysis by Country, 2016-2023
Figure17: Asia Pacific Pipeline Leak Detection System Market Investment Proportion by Country, 2016-2023
Figure18: Middle East & Africa Pipeline Leak Detection System Market Value (US$ Mn) Forecast by Country, 2016-2023
Figure19: Middle East & Africa Pipeline Leak Detection System Market Share Analysis by Country, 2016-2023
Figure 20: Middle East & Africa Pipeline Leak Detection System Market Investment Proportion by Country, 2016-2023
Figure 21: Latin America Pipeline Leak Detection System Market Value (US$ Mn) Forecast by Country, 2016-2023
Figure 22: Latin America Pipeline Leak Detection System Market Share Analysis by Country, 2016-2023
Figure 20: Latin America Pipeline Leak Detection System Market Investment Proportion by Country, 2016-2023

List of Tables

Table 1: Global Pipeline Leak Detection System Market for Oil & Gas Industry Value (US$ Mn) Forecast, by Product Type, 2016-2023
Table 2: Global Pipeline Leak Detection System Market for Oil & Gas Industry Value (US$ Mn) Forecast, by Geography, 2016-2023
Table 3: North America Pipeline Leak Detection System Market Oil & Gas Industry Value (US$ Mn) Forecast, by Country, 2016-2023
Table 4: North America Pipeline Leak Detection System Market for Oil & Gas Industry Value (US$ Mn) Forecast, by Product Type, 2016-2023
Table 5: Europe Pipeline Leak Detection System Market Oil & Gas Industry Value (US$ Mn) Forecast, by Country, 2016-2023
Table 6: Europe Pipeline Leak Detection System Market for Oil & Gas Industry Value (US$ Mn) Forecast, by Product Type, 2016-2023
Table 7: Asia Pacific Pipeline Leak Detection System Market Oil & Gas Industry Value (US$ Mn) Forecast, by Country, 2016-2023
Table 8: Asia Pacific Pipeline Leak Detection System Market for Oil & Gas Industry Value (US$ Mn) Forecast, by Product Type, 2016-2023
Table 9: Middle East & Africa Pipeline Leak Detection System Market for Oil & Gas Industry Value (US$ Mn) Forecast, by Country, 2016-2023
Table 10:Middle East & Africa Pipeline Leak Detection System Market for Oil & Gas Industry Value (US$ Mn) Forecast, by Product Type, 2016-2023
Table 11: Latin America Pipeline Leak Detection System Market for Oil & Gas Industry Value (US$ Mn) Forecast, by Country, 2016-2023
Table 12: Latin America Pipeline Leak Detection System Market for Oil & Gas Industry Value (US$ Mn) Forecast, by Product Type, 2016-2023
Table 13: Pure Technologies: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage))
Table 14 General Electric: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
Table 15 Honeywell International Inc: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
Table 16 Perma-Pipe Inc.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
Table 17 Schneider Electric: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
Table 18 Hifi Engineering Inc.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
Table 19 Siemens AG: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
Table 20 Atmos International (Atmos): Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
Table 21 Pentair plc: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)

On the basis of product type, global pipeline leak detection system market for oil & gas industry is categorized into following types:

  • Natural Gas
  • Crude Oil
  • Petroleum products (White Oils)

Pipeline Leak Detection System Market for Oil & Gas Industry

Increasing international trade of oil & gas products has resulted in the movement of high volumes. Pipeline infrastructure is gaining momentum with increasing trade of hydrocarbons across the globe. High volumes of oil & gas products with minimum losses can be transferred from one location to another. Products such as crude oil, natural gas, finished products such as gasoline, high speed diesel, aviation turbine fuel, LPG and other can be easily transported using pipelines.

On the basis of product type, the global pipeline leak detection system market for oil & gas industry can be segmented into natural gas, crude oil, and petroleum product.

Among product type the natural gas segment is expected to be the most dominant and fastest growing segment owing to increasing production of shale gas coupled with increasing demand for natural gas from growing number of gas based economies. Global natural gas pipeline network is about 2.8 million kilometers which is projected to expand at high growth rate due to various upcoming projects such as construction of the fourth leg of the Uzbekistan-China natural gas pipeline, Third-stage development of Galkynysh field, Turkmenistan- a natural gas pipeline project and other. Such capacity expansion of pipeline projects is projected to fuel the demand of pipeline leak detection system by 2023. Increasing transportation of finished such as LPG, gasoline, high speed diesel; aviation turbine fuel is anticipated to fuel the growth of petroleum product segment over the forecast period (2016-2023).

On the basis of technology, global pipeline leak detection system market for oil & gas industry is categorized into following types:

  • Negative Pressure Wave
  • E-RTTM
  • Fiber Optic Cable
  • Vapor sensing tubes
  • Mass- Volume Balance Method
  • Others (Infrared Radiometer, Thermal Cameras)

Pipeline Leak Detection System Market for Oil & Gas Industry

Increasing pipeline network for the transit of hazardous petroleum products coupled with strict regulatory policies regarding handling of petroleum products is anticipated to intensify the demand for leak detection system. Pipeline leakage incidents happened in recent past has influenced oil producers to use technology to ensure quick detection of leakage in the pipeline. In 2014, incidences such as explosion in gas pipeline in Minnesota, U.S., and eruption of natural gas pipeline in Nebraska, U.S. has influenced U.S government to bring in the regulation to made it mandatory for the pipeline carrying hazardous products to have leak detection system. Leading players in the global pipeline leak detection system market offering products with various technologies such as negative pressure wave, E-RTTM and others.

On the basis of technology, the global pipeline leak detection system market can be segmented into negative pressure wave, E-RTTM, fiber optic cable, vapor sensing tubes, mass- volume balance method and others (infrared radiometer, thermal cameras).

Among technologies negative pressure wave segment is anticipated to be the most dominant segment due to easy installation along with low installation cost. However, the technology has reached to the matured stage and anticipated to lose its market share to other segments by 2023. Followed by it, E-RTTM is expected to be the fastest growing segment owing to its high leak detection accuracy influencing oil producer to use E-RTTM technology. Other segments are anticipated to register moderate growth over the forecast period.

On the basis of geography, the global pipeline leak detection system market for oil & gas industry is segmented into following categories,

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • France
    • U.K.
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Middle East & Africa (MEA)
    • GCC
    • Rest of MEA

Pipeline Leak Detection System Market for Oil & Gas Industry

Pipelines are considered as the safest and the most efficient mode for the transportation of petroleum products. High volumes of oil & gas products are transported to various parts of the world through pipelines. Increasing awareness about safe transportation of petroleum products has influenced the oil producers to adopt technological assistance in pipeline operations from the system such as pipeline leak detection system. Globally, pipeline network of over 3.5 million kilometers is used to transport various oil & gas products. Global pipeline leak detection system is anticipated to growth significantly over the forecast period (2016-2023).

Global pipeline leak detection system market for oil & gas industry is segment on the basis of geography. North America is expected to contribute highest revenue share in global pipeline leak detection system market for oil & gas industry which is estimated to be more than 60% of the total revenue share by end of 2016 as wide pipeline network of over 2.3 million kilometers is used to transport more than 70% of the North America natural gas, crude oil & other petroleum products. Growing pipeline network coupled with increasing oil & gas production in the region is expected to spur the demand for pipeline leak detection system by 2023. Moreover, In Oct 2015, U.S. Department of Transportation's Pipeline and Hazardous Materials Safety Administration has passed legislation for pipeline carrying hazardous products to have a leak detection system in place. Such legislation is anticipated to fuel the demand for leak detection system in the region. Followed by it, MEA is anticipated to be the second largest regions in the global pipeline leak detection market in 2016. Increasing oil production along with growing export of oil & gas products is projected to intensify the significant growth of the region over the forecast period. Moreover, upcoming pipeline projects such as India and Iran undersea gas pipeline deal of US$ 4.5 Bn is projected to increase the demand for pipeline leak detection system over the forecast period (2016-2023).

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