New York, NY, March 27, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Oil and Gas Pipeline Leak Detection Equipment Market by Location (Onshore and Offshore) and by Equipment Type (Flowmeters, Acoustic Sensors, Cable Sensors, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, global oil and gas pipeline leak detection equipment market was valued at around USD 2.75 billion in 2018 and is expected to reach approximately USD 4.05 billion by 2025, at a CAGR of slightly above 6.8% between 2019 and 2025.

The rise in the offshore drilling activity and the growth in the demand for fuel and life-of-field inspections have increased the risk of gas leakages in the sector, which is supporting this market’s growth. The various types of equipment that are used in this market are flowmeters, acoustic sensors, and cable sensors, among others.

Browse through 37 Tables & 21 Figures spread over 110 Pages and in-depth TOC on “Global Oil and Gas Pipeline Leak Detection Equipment Market: By Product Type, Size, Industry Share, Trends, Segments, Analysis and Forecast 2018–2025”.

Request Free Sample Report of Global Oil and Gas Pipeline Leak Detection Equipment Market Report @ https://www.zionmarketresearch.com/sample/oil-gas-pipeline-leak-detection-equipment-market

The growing demand for fuel is the major growth driver for the global oil and gas pipeline leak detection equipment market. However, this expansion has increased the chances of pipe leakages, which poses a greater threat. These leakages may lead to severe accidents and even result in huge losses for organizations. Incidences of gas and oil spillage have increased over the last couple of years, thereby escalating the demand for oil and gas pipeline leak detection equipment. This, in turn, has led the major key players to implement different business strategies, such as mergers with oil and gas companies for market development. For instance, the University of Colorado, California and National Institute of Standards and Technology have merged with scientific aviation in order to develop their own methane leaking monitoring system that is based on laser technology. However, the development of existing pipelines and the construction of new pipelines may restrain the global oil and gas pipeline leak detection equipment market.

The global oil and gas pipeline leak detection equipment market is segmented based on equipment type and location. The location segment is divided into onshore and offshore. The equipment type is sub-segmented into flowmeters, acoustic sensors, cable sensors, and others. The onshore segment is expected to be the most dominant segment of the global oil and gas pipeline leak detection equipment market and is expected to maintain this dominance over the forecast period.

Download Free Report PDF Brochure: https://www.zionmarketresearch.com/requestbrochure/oil-gas-pipeline-leak-detection-equipment-market

By region, the North American oil and gas pipeline leak detection equipment market is projected to witness major growth in the upcoming years. The major producers of oil and gas in the region are the U.S. and Canada, owing to the increasing shale gas exploration and drilling activities.

Europe is likely to witness substantial growth in the oil and gas pipeline leak detection equipment market due to various initiatives taken by the government and the developments made by the key market players for the growth of this regional market.

Browse the full “Oil and Gas Pipeline Leak Detection Equipment Market by Location (Onshore and Offshore) and by Equipment Type (Flowmeters, Acoustic Sensors, Cable Sensors, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/oil-gas-pipeline-leak-detection-equipment-market

Asia Pacific is likely to witness a sluggish rate of growth in the oil and gas pipeline leak detection equipment market over the forecast timeframe. The onshore segment is expected to be the most dominant location segment in the Asia Pacific region, which is expected to contribute lucratively toward this market.

Latin America and the Middle East and Africa are also expected to witness significant growth in the global oil and gas pipeline leak detection equipment market over the estimated timeline. The presence of major oil reserves in the region and the increasing exploration activities are expected to fuel the demand for oil and gas pipeline leak detection equipment during the estimated time period.

Inquire more about this report before purchase @ https://www.zionmarketresearch.com/inquiry/oil-gas-pipeline-leak-detection-equipment-market

Some major players operating in the global oil and gas pipeline leak detection equipment market are Schneider Electric SE, Synodon Inc., Siemens AG., Flir Systems, Inc., Atmos International, ClampOn AS, TTK-Leak Detection System, Honeywell International Inc., Pentair PLC, PSI AG, Krohne Messtechnik GmbH, and Pure Technologies Ltd.

Request customized copy of report @ https://www.zionmarketresearch.com/custom/3951

This report segments the global oil and gas pipeline leak detection equipment market into:

Oil and Gas Pipeline Leak Detection Equipment Market: Location Analysis

  • Onshore
  • Offshore

Oil and Gas Pipeline Leak Detection Equipment Market: Equipment Type Analysis

  • Flowmeters
  • Acoustic Sensors
  • Cable Sensors
  • Others

Oil and Gas Pipeline Leak Detection Equipment MarketRegional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

Related Reports:

About Us:

Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Follow Us LinkedIn: https://www.linkedin.com/company/zion-market-research
Follow Us Twitter: https://twitter.com/zion_research

Blog: http://zmrindustryjournal.us  | http://zmrresearchnews.us | http://zmrmarketjournal.com  | http://zmrindustrynews.us | http://zmrnewsmagazine.com | https://zmrnewsblog.com | http://zmrmarketresearch.com | http://zmrindustryanalysis.com

Contact Us:

Joel John
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com

Website: https://www.zionmarketresearch.com

Blog: http://zmrblog.com