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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. https://bit.ly/349LWPH
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2016 – 2026 GLOBAL OIL AND GAS PIPELINE LEAK DETECTION MARKET FORECAST & OPPORTUNITIES www.techsciresearch.com MARKET INTELLIGENCE . CONSULTING
Scope of Report Product of Interest (POI): Oil and Gas Pipeline Leak Detection Pipeline leak detection systems are engineering systems used to detect leak of materials from the pipeline, in order to alert the operator to leak incidents. Different technologies are available to detect the leak from pipelines, depending on the nature of the fluid in the pipeline and the leak size. Market Segmentation Year Range APPLICATION METHOD OF LEAK DETECTION TYPE Onshore • Upstream Review Period • Internal • Offshore • Midstream • Mass Volume Balance • 2016 – 2019 Downstream • Negative Pressure Wave • Pressure Point Analysis Base Year • Real Time Transient • 2020 END USE REGION Monitoring (RTTM) External Buried Pipelines • Estimated Year • Asia-Pacific • Fiber Optic Leak Detection Subsea Pipelines • • Europe • 2021 Liquid Sensing Cable Refinery/Petrochemical • • North America • Vapor Sensing Cable Complex • Forecast Period South America • Acoustic Emission • Middle East & Africa (MEA) • 2022 – 2026 2
Table of Contents S. No. Contents Page No. 1. Product Overview 2. Research Methodology 3. Impact of COVID-19 on Global Oil and Gas Pipeline Leak Detection Market 4. Executive Summary 5. Voice of Customer 6. Global Oil and Gas Pipeline Leak Detection Market Outlook 6.1. Market Size & Forecast 6.1.1. By Value 6.2. Market Share & Forecast 6.2.1. By Method of Leak Detection (Internal v/s External) By Internal Leak Detection Method (Mass Volume Balance, Negative Pressure Wave, Pressure Point Analysis, Real Time Transient Monitoring (RTTM)) 6.2.1.1. By External Leak Detection Method (Fiber Optic Leak Detection, Liquid Sensing Cable, Vapor Sensing Cable, Acoustic Emission) 6.2.1.2. 6.2.2. By Type (Upstream, Midstream, Downstream) 6.2.3. By Application (Onshore v/s Offshore) 6.2.4 By End Use (Buried Pipelines, Subsea Pipelines, Refinery/Petrochemical Complex) 6.2.5. By Company (2020) 6.2.6. By Region (Asia-Pacific, Europe, North America, South America and Middle East & Africa) 6.3. Product Market Map 3
Table of Contents S. No. Contents Page No. 7. Asia-Pacific Oil and Gas Pipeline Leak Detection Market Outlook 7.1. Market Size & Forecast 7.1.1. By Value 7.2. Market Share & Forecast 7.2.1. By Method of Leak Detection 7.2.2. By Type 7.2.3. By Application 7.2.4. By End Use 7.2.5. By Country 7.3. Asia-Pacific: Country Analysis 7.3.1. China Oil and Gas Pipeline Leak Detection Market Outlook 7.3.1.1. Market Size & Forecast By Value 7.3.1.1.1. 7.3.1.2. Market Share & Forecast 7.3.1.2.1. By Method of Leak Detection 7.3.1.2.2. By Type 7.3.1.2.3. By Application 7.3.1.2.4. By End Use 4
Table of Contents S. No. Contents Page No. 7.3.2. India Oil and Gas Pipeline Leak Detection Market Outlook 7.3.2.1. Market Size & Forecast 7.3.2.1.1. By Value 7.3.2.2. Market Share & Forecast 7.3.2.2.1. By Method of Leak Detection 7.3.2.2.2. By Type 7.3.2.2.3. By Application 7.3.2.2.4. By End Use 7.3.3. Japan Oil and Gas Pipeline Leak Detection Market Outlook 7.3.3.1. Market Size & Forecast 7.3.3.1.1. By Value 7.3.3.2. Market Share & Forecast 7.3.3.2.1. By Method of Leak Detection 7.3.3.2.2. By Type 7.3.3.2.3. By Application 7.3.3.2.4. By End Use 5
Table of Contents S. No. Contents Page No. 7.3.4. Indonesia Oil and Gas Pipeline Leak Detection Market Outlook 7.3.4.1. Market Size & Forecast By Value 7.3.4.1.1. 7.3.4.2. Market Share & Forecast 7.3.4.2.1. By Method of Leak Detection 7.3.4.2.2. By Type 7.3.4.2.3. By Application 7.3.4.2.4. By End Use 7.3.5. Australia Oil and Gas Pipeline Leak Detection Market Outlook 7.3.5.1. Market Size & Forecast By Value 7.3.5.1.1. 7.3.5.2. Market Share & Forecast 7.3.5.2.1. By Method of Leak Detection 7.3.5.2.2. By Type 7.3.5.2.3. By Application 7.3.5.2.4. By End Use 6
Table of Contents S. No. Contents Page No. 8. Europe Oil and Gas Pipeline Leak Detection Market Outlook 8.1. Market Size & Forecast 8.1.1. By Value 8.2. Market Share & Forecast 8.2.1. By Method of Leak Detection 8.2.2. By Type 8.2.3. By Application 8.2.4. By End Use 8.2.5. By Country 8.3. Europe: Country Analysis 8.3.1. France Oil and Gas Pipeline Leak Detection Market Outlook 8.3.1.1. Market Size & Forecast By Value 8.3.1.1.1. 8.3.1.2. Market Share & Forecast 8.3.1.2.1. By Method of Leak Detection 8.3.1.2.2. By Type 8.3.1.2.3. By Application 8.3.1.2.4. By End Use 7
Table of Contents S. No. Contents Page No. 8.3.2. Germany Oil and Gas Pipeline Leak Detection Market Outlook 8.3.2.1. Market Size & Forecast By Value 8.3.2.1.1. 8.3.2.2. Market Share & Forecast 8.3.2.2.1. By Method of Leak Detection 8.3.2.2.2. By Type 8.3.2.2.3. By Application 8.3.2.2.4. By End Use 8.3.3. United Kingdom Oil and Gas Pipeline Leak Detection Market Outlook 8.3.3.1. Market Size & Forecast 8.3.3.1.1. By Value 8.3.3.2. Market Share & Forecast 8.3.3.2.1. By Method of Leak Detection 8.3.3.2.2. By Type 8.3.3.2.3. By Application 8.3.3.2.4. By End Use 8
Table of Contents S. No. Contents Page No. 8.3.4. Italy Oil and Gas Pipeline Leak Detection Market Outlook 8.3.4.1. Market Size & Forecast By Value 8.3.4.1.1. 8.3.4.2. Market Share & Forecast 8.3.4.2.1. By Method of Leak Detection 8.3.4.2.2. By Type 8.3.4.2.3. By Application 8.3.4.2.4. By End Use 8.3.5. Spain Oil and Gas Pipeline Leak Detection Market Outlook 8.3.5.1. Market Size & Forecast By Value 8.3.5.1.1. 8.3.5.2. Market Share & Forecast 8.3.5.2.1. By Method of Leak Detection 8.3.5.2.2. By Type 8.3.5.2.3. By Application 8.3.5.2.4. By End Use 9
Table of Contents S. No. Contents Page No. 9. North America Oil and Gas Pipeline Leak Detection Market Outlook 9.1. Market Size & Forecast 9.1.1. By Value 9.2. Market Share & Forecast 9.2.1. By Method of Leak Detection 9.2.2. By Type 9.2.3. By Application 9.2.4. By End Use 9.2.5. By Country 9.3. North America: Country Analysis United States Oil and Gas Pipeline Leak Detection Market Outlook 9.3.1. 9.3.1.1. Market Size & Forecast By Value 9.3.1.1.1. 9.3.1.2. Market Share & Forecast 9.3.1.2.1. By Method of Leak Detection 9.3.1.2.2. By Type 9.3.1.2.3. By Application 9.3.1.2.4. By End Use 10
Table of Contents S. No. Contents Page No. 9.3.2. Canada Oil and Gas Pipeline Leak Detection Market Outlook 9.3.2.1. Market Size & Forecast By Value 9.3.2.1.1. 9.3.2.2. Market Share & Forecast 9.3.2.2.1. By Method of Leak Detection 9.3.2.2.2. By Type 9.3.2.2.3. By Application 9.3.2.2.4. By End Use 9.3.3. Mexico Oil and Gas Pipeline Leak Detection Market Outlook 9.3.3.1. Market Size & Forecast By Value 9.3.3.1.1. 9.3.3.2. Market Share & Forecast 9.3.3.2.1. By Method of Leak Detection 9.3.3.2.2. By Type 9.3.3.2.3. By Application 9.3.3.2.4. By End Use 11
Table of Contents S. No. Contents Page No. 10. South America Oil and Gas Pipeline Leak Detection Market Outlook 10.1. Market Size & Forecast 10.1.1. By Value 10.2. Market Share & Forecast 10.2.1. By Method of Leak Detection 10.2.2. By Type 10.2.3. By Application 10.2.4 By End Use 10.2.5. By Country 10.3. South America: Country Analysis 10.3.1. Brazil Oil and Gas Pipeline Leak Detection Market Outlook 10.3.1.1. Market Size & Forecast By Value 10.3.1.1.1 10.3.1.2. Market Share & Forecast 10.3.1.2.1. By Method of Leak Detection 10.3.1.2.2. By Type 10.3.1.2.3. By Application 10.3.1.2.4. By End Use 12
Table of Contents S. No. Contents Page No. 10.3.2. Argentina Oil and Gas Pipeline Leak Detection Market Outlook 10.3.2.1. Market Size & Forecast By Value 10.3.2.1.1 10.3.2.2. Market Share & Forecast 10.3.2.2.1. By Method of Leak Detection 10.3.2.2.2. By Type 10.3.2.2.3. By Application 10.3.2.2.4. By End Use 10.3.3. Colombia Oil and Gas Pipeline Leak Detection Market Outlook 10.3.3.1. Market Size & Forecast By Value 10.3.3.1.1 10.3.3.2. Market Share & Forecast 10.3.3.2.1. By Method of Leak Detection 10.3.3.2.2. By Type 10.3.3.2.3. By Application 10.3.3.2.4. By End Use 13
Table of Contents S. No. Contents Page No. 11. Middle East & Africa Oil and Gas Pipeline Leak Detection Market Outlook 11.1. Market Size & Forecast 11.1.1. By Value 11.2. Market Share & Forecast 11.2.1. By Method of Leak Detection 11.2.2. By Type 11.2.3. By Application 11.2.4. By End Use 11.2.5. By Country 11.3. Middle East & Africa : Country Analysis South Africa Oil and Gas Pipeline Leak Detection Market Outlook 11.3.1. 11.3.1.1. Market Size & Forecast By Value 11.3.1.1.1. 11.3.1.2. Market Share & Forecast 11.3.1.2.1. By Method of Leak Detection 11.3.1.2.2. By Type 11.3.1.2.3. By Application 11.3.1.2.4. By End Use 14
Table of Contents S. No. Contents Page No. 11.3.2. Saudi Arabia Oil and Gas Pipeline Leak Detection Market Outlook 11.3.2.1. Market Size & Forecast By Value 11.3.2.1.1. 11.3.2.2. Market Share & Forecast 11.3.2.2.1. By Method of Leak Detection 11.3.2.2.2. By Type 11.3.2.2.3. By Application 11.3.2.2.4. By End Use UAE Oil and Gas Pipeline Leak Detection Market Outlook 11.3.3. 11.3.3.1. Market Size & Forecast By Value 11.3.3.1.1. 11.3.3.2. Market Share & Forecast 11.3.3.2.1. By Method of Leak Detection 11.3.3.2.2. By Type 11.3.3.2.3. By Application 11.3.3.2.4. By End Use 15
Table of Contents S. No. Contents Page No. 12. Market Dynamics 12.1. Drivers 12.2. Challenges 13. Market Trends & Developments 14. Competitive Landscape 14.1. Company Profiles (Top 10 leading companies) Company Details 14.1.1. Products & Services 14.1.2. Financials (As Reported) 14.1.3. Key Market Focus & Geographical Presence 14.1.4. Recent Developments 14.1.5. Key Management Personnel 14.1.6. 15. Strategic Recommendations 16. About Us & Disclaimer 16
Table of Contents S. No. Contents Page No. 14.1.3. Financials (As Reported) 14.1.4. Key Market Focus & Geographical Presence 14.1.5. Recent Developments 14.1.6. Key Management Personnel 15. Strategic Recommendations 16. About Us & Disclaimer 17
RESEARCH RESEARCH METHODOLOGY METHODOLOGY
Research Methodology Market Profiling Data Analysis Data Data Developing List of Respondents Formulating Questionnaire Collection Validation In-depth secondary research was conducted to determine top players in the global oil and gas pipeline leak detection market, overall market size and segmental market size. The data was scrutinized using MS-Excel, statistical tools and internal proprietary database to obtain qualitative and quantitative insights about the global oil and gas pipeline leak detection market. Data obtained as a result of primary and secondary research was validated through rigorous triangulation. TechSci conducted interviews with industry experts and industry players for data collection and verification. In order to conduct industry experts’ interviews, TechSci formulated a detailed discussion guide. List of industry players and industry specialists was developed. Primary Research Desk Research Company Analysis ✓ ✓ Recent Developments Market Changing Aspects/Dynamics Government Policies Conclusion ✓ ✓ Market Participants Key Strengths ✓ Identifying Key Opinion Leaders Questionnaire Design In-depth Interviews Actionable Insights Data Filter & Analysis Business Solution Research & Intelligence Data Collection ✓ ✓ ✓ ✓ Primary Research Secondary Research Paid Sources LinkedIn TechSci Internal Database Company Websites Company Annual Reports White Paper Study Financial Reports Investor Presentations Regulatory Body Associations, etc. Factiva Hoovers ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ 19
Research Methodology Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of the global oil and gas pipeline leak detection market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as increasing onshore and offshore oil & gas exploration activities. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in the global oil and gas pipeline leak detection market. Methodology Followed for Calculation of Market Size: Market Size by Value: Market size, in terms of value, for the year 2020 was calculated based on information collected through exhaustive • secondary research and primary surveys, with various key opinion leaders/stakeholders, such as oil and gas pipeline leak detection companies, channel partners, market influencers & end users, industry experts, and other industry participants. The team interviewed more than 15 – 20 oil and gas pipeline leak detection companies, 100 – 120 end users, and 15 – 20 industry experts • and other value chain stakeholders in the global oil and gas pipeline leak detection market to obtain the overall market size from 2016 to 2020, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data during 2016-2020. 20
Research Methodology Respondents were asked about the current and future market growth rates, market shares by method of lead detection, by type, by end • use, by application, by region and by company. Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders. Methodology Followed for Calculation of Market Shares: Market share by method of lead detection, by type, by end use, by application, by region and by company were calculated based on the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various segments of oil and gas pipeline leak detection markets. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers. Methodology Followed for Forecasting: TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in • SPSS/Tableau Software. Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast global oil • and gas pipeline leak detection market, TechSci Research used various forecast techniques such as: Moving Average ✓ Time Series Analysis ✓ Regression Analysis ✓ Econometric and Judgmental Analysis ✓ 21
Research Methodology TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be noted that the figures compiled are only for the organized market including market share data. The currency used in the report is the United States Dollar (USD), with the market size indicated in USD million. Partial List of Companies Interviewed Key Secondary Sources Honeywell International, Inc. World Bank • ▪ Atmos International Inc. TechSci Research Proprietary Database & Knowledge • ▪ Siemens AG Repository • FLIR Systems Inc. Company Annual Reports • ▪ Schneider Electric SA Industry Magazines • ▪ Bridger Photonics Inc. Industry Reports • ▪ ClampOn AS, Pentair PLC News Dailies • ▪ Pure Technologies Ltd. Credible Paid Databases • ▪ Ttk-Leak Detection System • Yokogawa Electric Corporation • 22
Industry Brief Increasing oil & gas exploration activities are driving the growth in global oil & gas pipeline leak detection market in the forecast period. According to TechSci Research report, “Oil & Gas Pipeline Leak Detection Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026”, the global oil & gas pipeline leak detection market stood at USD2401.32 million in 2020 and is expected to grow at a CAGR of 10.21% in the forecast period on account of increasing network of pipelines in the oil & gas industry. Due to the sheer consequences of oil and gas pipeline leaks, governments in major countries have enacted rules and legislation requiring the maintenance and deployment of leak detection systems. The Pipeline and Hazardous Materials Safety Administration (PHMSA) recently published a rule to enhance hazardous liquid pipeline restrictions. It established new compliance criteria for system operators and owners with the goal of maintaining pipe integrity and preventing leaks. The increase in incidences of leakage in oil & gas pipelines and storage tank production facilities might be attributed to the expansion of the oil & gas pipeline leak detection market. Other reasons such as the expansion and rehabilitation of current channels as well as the building of new channels around the world and government rules requiring the implementation of leak detection systems help to drive the demand even higher. The global oil & gas pipeline leak detection market is segmented on the basis of type, internal v/s external, internal leak detection method, external leak detection method, application, end use, competitional landscape, and regional distribution. Based on type, the market is further fragmented into Upstream, Midstream and Downstream. The midstream segment is expected to register the largest revenue shares of the market and dominate the market segment in the upcoming five years on account of the usage of leak detection systems in the midstream segment. The processing, transportation, and storage of crude oil and natural gas are all part of the midstream section of the oil and gas industry. The oil and gas industry's midstream activities are seen as a low-risk, highly regulated sector. The pipelines and gathering or transmission infrastructure that transport gas from the well (upstream) to homes and businesses are operated by midstream corporations (downstream). Midstream operations also treat the commodity, remove water or trash, compress it, and prepare it for downstream markets. Based on Internal Leak Detection Method, the market is segmented into Mass Volume Balance, Negative Pressure Wave, Pressure Point Analysis and Real Time Transient Monitoring (RTTM). Real Time Transient Monitoring (RTTM) is expected to register the largest revenue shares and assert its dominance over the market in the upcoming five years. Expansion of existing pipelines and development of new ones are driving market growth, increased incidents of oil and gas leakages in pipelines and storage tanks at production facilities and the formulation of stringent regulations by governments for the implementation of leak detection technologies and systems around the world are driving the growth of the market. Key market players in the Oil & Gas Pipeline Leak Detection Market include Honeywell International, Inc., Atmos International Inc., Siemens AG, FLIR Systems Inc., FLIR Systems Inc., Bridger Photonics Inc., Bridger Photonics Inc., ClampOn AS, Pentair PLC, ClampOn AS, Pentair PLC, Ttk-Leak Detection System, Ttk-Leak Detection System Honeywell International Inc., headquartered in Charlotte, North Carolina, is an American publicly traded multinational conglomerate corporation. Aerospace, building technologies, performance materials and technologies, and safety and productivity solutions are the four main areas of business for the company. The company is one of the largest providers of the oil & gas pipeline leak detection systems. They are recently launching innovative and technologically advanced products that is further promoting their brand value. “North America region is anticipated to hold the largest revenue shares of the market and dominate the segment in the upcoming five years on the account of rapidly increasing oil & gas exploration activities in the region. America’s oil and natural gas industry supports 10.3 million jobs in the United States and nearly 8% of the nation’s GDP. Moreover, oil prices have reached their greatest levels in six years, and the oil and gas industry has returned strongly during 2021. APAC is expected to register significant growth due to the expanding network of gas pipelines across the region. Furthermore, increasing investments in the Asia Pacific region is expected to drive the market for leak detection systems in the region. Moreover, technological advancements in the leak detection systems may influence the growth of the global oil & gas pipeline leak detection market in the upcoming five years,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm. 23
Sample Data - Snapshot Global Oil and Gas Pipeline Leak Detection Market Size, By Value (USD Million), 2016-2026F 15.00 14.00 13.00 12.00 11.00 10.00 9.00 8.00 7.00 6.00 5.00 CAGR By Value CAGR By Value 2016 2020 2021E 2026F YY% XX% By Value (USD Million) North America Oil and Gas Pipeline Leak Detection Market Share, By Type, By Value, 2016–2026F Upstream Midstream Downstream 33% 33% 34% 2026F 33% 33% 34% 2025F 33% 33% 34% 2024F 33% 33% 34% 2023F 33% 33% 34% 2022F 33% 33% 34% 2021E 33% 33% 34% 2020 33% 33% 34% 2019 33% 33% 34% 2018 33% 33% 34% 2017 33% 33% 34% 2016 United States Oil and Gas Pipeline Leak Detection Market Share, By Internal Leak Detection Method, By Value, 2016–2026F United States Oil and Gas Pipeline Leak Detection Market Share, By External Leak Detection Method, By Value, 2016–2026F Mass Volume Balance Negative Pressure Wave Pressure Point Analysis Real Time Transient Monitoring (RTTM) Fiber Optic Leak Detection Liquid Sensing Cable Vapor Sensing Cable Acoustic Emission 25% 25% 25% 25% 2026F 25% 25% 25% 25% 2026F 25% 25% 25% 25% 25% 25% 25% 25% 2025F 25% 25% 25% 25% 2024F 25% 25% 25% 25% 2024F 25% 25% 25% 25% 25% 25% 25% 25% 2023F 25% 25% 25% 25% 2022F 25% 25% 25% 25% 2022F 25% 25% 25% 25% 25% 25% 25% 25% 2021E 25% 25% 25% 25% 2020 25% 25% 25% 25% 2020 25% 25% 25% 25% 25% 25% 25% 25% 2019 25% 25% 25% 25% 2018 25% 25% 25% 25% 2018 25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 2017 2016 25% 25% 25% 25% 2016 24
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