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 October 15, 2015 - 11:06 AM EDT
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Global Oil and Gas Pipeline Leak Detection Market Forecast and Opportunities, 2020 - Introduction of Hydraulic Leak Detection Systems for Oil & Gas Pipelines

Dublin, Oct. 15, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/mxslz7/global_oil_and) has announced the addition of the "Global Oil and Gas Pipeline Leak Detection Market Forecast and Opportunities, 2020" report to their offering.

Global oil & gas pipeline leak detection market is projected to cross US$ 1.8 billion in 2020

Growth in the market can be attributed to the expanding oil and gas pipeline network across the globe on account of investments in pipeline infrastructure, especially in Europe and Africa. In addition to deployment in new pipelines, leak detection systems are rapidly being used in aging pipelines. Across the globe, the average age of pipelines is 30 years, while some pipelines are as old as 100 years. Aging pipelines, being more prone to corrosion, possess greater risk of leakage, and thus demand use of better leak detection systems. On account of strict regulations and high compensations in case of hydrocarbon spills, aging pipelines are propelling the demand for pipeline leak detection across the globe.

Despite strict regulations governing pipeline leak detection systems, globally, the incidents of oil & gas pipeline leaks have witnessed a steady rise. Leakage in pipelines can occur due to various reasons such as natural damage, aging, weather conditions, corrosion, tampering, etc. Oil & gas pipeline leakage incidents prove to be extremely adverse not only for the environment, but also for operating companies which are liable to pay hefty amounts in the form of damages and compensation in case of any accidents. In view of these after effects of oil & gas pipeline leakages, governments of various countries have formulated regulations and guidelines, which specify dedicated methods for oil & gas pipeline leak detection, which companies are required to abide with. These standards have made deployment and maintenance of leak detection systems a compulsion, thereby fueling growth in oil & gas pipeline leak detection market.

Global Oil & Gas Pipeline Leak Detection Market Forecast & Opportunities, 2020 discusses the following aspects of oil & gas pipeline leak detection market across the globe:

  • Utilization of Internet of Things in Pipeline Leak Detection
  • Introduction of Hydraulic Leak Detection Systems for Oil & Gas Pipelines
  • Uniting Complimentary Leak Detection Methods
  • Crude Oil Prices Influencing Investments in Pipeline Infrastructure
  • Formation of Join Industry Project (JIP)
  • Natural Gas Pipeline Infrastructure Leading the Market
  • Research & Development in Pipeline Leak Detection Process
  • Advancement in Intelligent Pigging Technology

Key Topics Covered:

1. Research Methodology

2. Analyst View

3. Product Overview

4. Global Oil & Gas Pipeline Leak Detection Market Outlook

5. Global Onshore Oil & Gas Pipeline Leak Detection Market Outlook

6. Global Offshore Oil & Gas Pipeline Leak Detection Market Outlook

7. Americas Oil & Gas Pipeline Leak Detection Market Outlook

8. Americas Onshore Oil & Gas Pipeline Leak Detection Market Outlook

9. Americas Offshore Oil & Gas Pipeline Leak Detection Market Outlook

10. Country Specific Oil & Gas Pipeline Leak Detection Market Outlook

11. Asia, Oceania and Middle East Oil & Gas Pipeline Leak Detection Market Outlook

12. Asia, Oceania and Middle East Onshore Oil & Gas Pipeline Leak Detection Market Outlook

13. Asia, Oceania and Middle East Offshore Oil & Gas Pipeline Leak Detection Market Outlook

14. Country Specific Oil & Gas Pipeline Leak Detection Market Outlook

15. Africa Oil & Gas Pipeline Leak Detection Market Outlook

16. Africa Onshore Oil & Gas Pipeline Leak Detection Market Outlook

17. Africa Offshore Oil & Gas Pipeline Leak Detection Market Outlook

18. Country Specific Oil & Gas Pipeline Leak Detection Market Outlook

19. Europe Oil & Gas Pipeline Leak Detection Market Outlook

20. Europe Onshore Oil & Gas Pipeline Leak Detection Market Outlook

21. Europe Offshore Oil & Gas Pipeline Leak Detection Market Outlook

22. Country Specific Oil & Gas Pipeline Leak Detection Market Outlook

23. SWOT Analysis

24. Market Dynamics

25. Market Trends & Developments

26. Competitive Landscape

27. Strategic Recommendations

Companies Mentioned

- Agilent Technologies, Inc.
- Asel Tech
- Atmos International Limited
- Cameron International Corporation
- Cisco Systems, Inc
- Emerson Process Management
- Expro Holdings UK 3 Limited
- FLEXIM Flexible Industriemestechnik Gmbh
- FLIR Systems,Inc.
- FMC Technologies, Inc
- Honeywell International Inc.
- KROHNE Messtechnik GmbH
- MSA Safety Incorporated
- Mistras Group, Inc.
- PSI AG
- Pentair Thermal Management LLC
- Perma-Pipe Inc
- Pfeiffer Vacuum Group
- Pure Technologies Ltd
- Schneider Electric

For more information visit http://www.researchandmarkets.com/research/mxslz7/global_oil_and




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Source: GlobeNewswire (October 15, 2015 - 11:06 AM EDT)

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