Global Leak Detection Market Size study, by Technology (Acoustic, E-RTTM, Fiber Optic, Mass/Volume Balance, Laser Absorption and LiDAR, Thermal Imaging), Medium (Oil and Condensate, Natural Gas) and Regional Forecasts 2020-2027

  • Global Leak Detection Market is valued approximately USD 1.95 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 7.8 % over the forecast period 2020-2027. Leak Detection System & Services in Gas and Oil industry has become an essential part of safety measures to avert the calamities that have taken place in the past. To fulfill the increasing demand of gas and oil, new pipelines are being constructed along with the expansion of the current pipelines. The factor driving the demand for the leak detection market is the rise in the number of incidents of oil and gas leakages in pipelines and storage tanks at production facilities with the increase in pipelines, more storage facilities are needed which will also be requiring leak detection system, and the stringent rules by the government to mandate leak detection systems is set to drive the market to the peak. In addition to that, the exploration for oil wells has initiated the construction and development of pipelines and storage facilities across the globe. As of November 2020, Neptune Energy started the first gas production from the Adorf Carboniferous development in northwestern Germany. In February 2020. Gas leak detections become challenging in open and ventilated facilities, hence, effective gas leak detectors are needed, issues such as lack of adequate information associated with gas leak detectors and the expensive hardware for the detectors are significantly hampering the adoption of leak detection market. Lack of technological advancements in offshore leak detection systems can also boost the market of the leak detection systems.

    The regional analysis of global Leak Detection market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the increase in the global demand for oil and gas. Whereas Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as, increase in the demand lead to oil exploration which, in turn, attracts investments pertaining to natural gas production projects.

    would create lucrative growth prospects for the global Leak Detection market across Asia-Pacific region.

    Major market player included in this report are:

    Honeywell International Inc. (US)

    Emerson Electric Co. (US)

    ABB (Switzerland)

    KROHNE Group (Germany)

    PSI Software AG (Germany)

    Atmos (UK)

    AVEVA (UK)

    FLIR Systems Inc. (US)

    HIMA (Germany)

    Yokogawa Electric Corporation (Japan)

    The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

    By technology:


    Extended Real Time Transient Model

    Fiber Optic

    Mass/Volume Balance

    Laser Absorption and LiDAR

    Thermal Imaging

    By Medium:

    Oil and Condensate

    Natural Gas

    By Region:

    North America










    Asia Pacific





    South Korea


    Latin America



    Rest of the World

    Furthermore, years considered for the study are as follows:

    Historical year – 2017, 2018

    Base year – 2019

    Forecast period – 2020 to 2027

    Target Audience of the Global Leak Detection Market in Market Study:

    Key Consulting Companies & Advisors

    Large, medium-sized, and small enterprises

    Venture capitalists

    Value-Added Resellers (VARs)

    Third-party knowledge providers

    Investment bankers



  • With tables and figures helping analyze worldwide Global Leak Detection market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

    Chapter 1. Executive Summary
    1.1. Market Snapshot
    1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
    1.2.1. Leak detection Market, by Region, 2018-2027 (USD Billion)
    1.2.2. Leak detection Market, by Technology, 2018-2027 (USD Billion)
    1.2.3. Leak detection Market, by Medium, 2018-2027 (USD Billion)
    1.3. Key Trends
    1.4. Estimation Methodology
    1.5. Research Assumption
    Chapter 2. Global Leak detection Market Definition and Scope
    2.1. Objective of the Study
    2.2. Market Definition & Scope
    2.2.1. Scope of the Study
    2.2.2. Processing Evolution
    2.3. Years Considered for the Study
    2.4. Currency Conversion Rates
    Chapter 3. Global Leak detection Market Dynamics
    3.1. Leak detection Market Impact Analysis (2018-2027)
    3.1.1. Market Drivers
    3.1.2. Market Challenges
    3.1.3. Market Opportunities
    Chapter 4. Global Leak detection Market Processing Analysis
    4.1. Porter’s 5 Force Model
    4.1.1. Bargaining Power of Suppliers
    4.1.2. Bargaining Power of Buyers
    4.1.3. Threat of New Entrants
    4.1.4. Threat of Substitutes
    4.1.5. Competitive Rivalry
    4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
    4.2. PEST Analysis
    4.2.1. Political
    4.2.2. Economical
    4.2.3. Social
    4.2.4. Technological
    4.3. Investment Adoption Model
    4.4. Analyst Recommendation & Conclusion
    Chapter 5. Global Leak detection Market, by Technology
    5.1. Market Snapshot
    5.2. Global Leak detection Market by Technology, Performance- Potential Analysis
    5.3. Global Leak detection Market Estimates & Forecasts by Technology 2017-2027 (USD Billion)
    5.4. Leak detection Market, Sub Segment Analysis
    5.4.1. Acoustic
    5.4.2. Extended Real Time Transient Model
    5.4.3. Fiber Optic
    5.4.4. Mass/Volume Balance
    5.4.5. Laser Absorption and LiDAR
    5.4.6. Thermal Imaging
    Chapter 6. Global Leak detection Market, by Medium
    6.1. Market Snapshot
    6.2. Global Leak detection Market by Deployment Medium, Performance - Potential Analysis
    6.3. Global Leak detection Market Estimates & Forecasts by Medium 2017-2027 (USD Billion)
    6.4. Leak detection Market, Sub Segment Analysis
    6.4.1. Oil and Condensate
    6.4.2. Natural Gas
    Chapter 7. Global Leak detection Market, Regional Analysis
    7.1. North America Leak detection
    7.1.1. U.S. Leak detection Market Technology breakdown estimates & forecasts, 2017-2027 Medium Type breakdown estimates & forecasts, 2017-2027
    7.1.2. Canada Content Analytical
    7.2. Europe Leak detection Snapshot
    7.2.1. U.K. Leak detection
    7.2.2. Germany Content Analytical
    7.2.3. France Content Analytical
    7.2.4. Spain Content Analytical
    7.2.5. Italy Content Analytical
    7.2.6. Rest of Europe Content Analytical
    7.3. Asia-Pacific Leak detection Snapshot
    7.3.1. China Leak detection
    7.3.2. India Leak detection
    7.3.3. Japan Content Analytical
    7.3.4. Australia Content Analytical
    7.3.5. South Korea Content Analytical
    7.3.6. Rest of Asia Pacific Content Analytical
    7.4. Latin America Leak detection Snapshot
    7.4.1. Brazil Content Analytical
    7.4.2. Mexico Content Analytical
    7.5. Rest of The World Content Analytical
    Chapter 8. Competitive Intelligence
    8.1. Top Market Strategies
    8.2. Company Profiles
    8.2.1. Honeywell International Inc. (U.S) Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
    8.2.2. Emerson Electric Co. (US)
    8.2.3. ABB (Switzerland)
    8.2.4. KROHNE Group (Germany)
    8.2.5. PSI Software AG (Germany)
    8.2.6. Atmos (UK)
    8.2.7. AVEVA (UK)
    8.2.8. FLIR Systems Inc. (US)
    8.2.9. HIMA (Germany)
    8.2.10Yokogawa Electric Corporation (Japan)
    Chapter 9. Research Process
    9.1. Research Process
    9.1.1. Data Mining
    9.1.2. Analysis
    9.1.3. Market Estimation
    9.1.4. Validation
    9.1.5. Publishing
    9.2. Research Attributes
    9.3. Research Assumption


  • The Global Leak Detection Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.

    Report Objectives / Segmentation Covered :
    By Companies / players:
      By Regions:
        By Type:
          By Application:
          Frequently asked questions(FAQ's):
          What are the major applications for Global Leak Detection?

          Global Leak Detection has a wide range of applications, including and others.

          What is the expected rate of growth in the Global Leak Detection Market?

          From 2024 to 2029, the Global Leak Detection Market is expected to grow at a compound annual growth rate of YY%, reaching a value of USD XXX Million.

          What is really changing the Global Leak Detection Market behavior?

          Consumer behavior changes will reshape the entire decision-making process and companies in the Global Leak Detection Industry will need to adapt quickly.

          How does the Global Leak Detection Market study reflects the current scenario?

          The Global Leak Detection study focuses on shifting market dynamics, geopolitical and regulatory regulations, and key players' strategies to carefully analyze demand at risk across multiple industry categories.

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