The North America Oil & Gas Leak Detection System (LDS) market is projected to touch $1.58 billion by 2022.
The growing pipeline infrastructure to deliver energy to domestic and international markets have spurred the market for oil & gas pipeline Leak The market for leak detection system in North America is promising and is offering huge opportunities as large number of pipeline projects have been recently awarded and several are in pipeline.
The United States is the major revenue contributor in the North American region. In North America, the compensated mass balance leak detection system accounted for major revenue share in the overall market in 2015, wherein the United States was the largest contributor.
The Compensated Mass Balance leak detection system is expected to maintain its dominance throughout the forecast period. Amongst all the applications, onshore pipeline segment captured key share in the overall North America Oil & Gas Leak Detection market due to the existence of large pipeline network on land.
The North America leak detection industry witnessed slow growth as a result of low oil prices, particularly in Canadian market. However, from 2017 onwards, the market is likely to recover and is exhibited to record growth driven on account of tightening regulations.
The report thoroughly covers the North America Oil & Gas Pipeline Leak Detection System market by technologies, applications and countries. The report provides the unbiased and detailed analysis of the on-going trends, opportunities / high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Key Topics Covered:
1 Executive Summary
3 North America Oil & Gas Pipeline Leak Detection System Market Overview
3.1 Overview & Analysis
3.2 North America Oil & Gas Pipeline Leak Detection System Market Revenues
3.3 Industry Life Cycle
3.4 Porter's 5 Forces Model
3.5 North America Oil & Gas Pipeline Leak Detection System Market Revenue Share, By Technology
3.6 North America Leak Detection System Market Revenue Share, By Application
3.7 North America Oil & Gas Pipeline Leak Detection System Market Revenue Share, By Country
4 North America Oil & Gas Pipeline Leak Detection System Market Dynamics
4.1 Market Drivers
4.1.1 Increasing Investment in the Oil & Gas Sector
4.1.2 Expansion of Oil & Gas Pipeline Infrastructure
4.1.3 Growing Emphasis on Pipeline Safety
4.2 Market Restraints
4.2.2 Drop in Crude Oil Prices
4.2.1 High Cost of Oil & Gas Leak Detection Systems
5 North America Oil & Gas Pipeline Leak Detection System Market, By Technology Overview
5.1 North America Compensated Mass Balance Leak Detection System Market Overview
5.2 North America RTTM Leak Detection System Market Overview
5.3 North America Statistical Volume Balance Leak Detection System Market Overview
5.4 North America Acoustic / Negative Pressure Wave Leak Detection System Market Overview
5.5 North America Fiber Optic Cable Leak Detection System Market Overview
5.6 North America Others Leak Detection System Market Overview
6 North America Oil & Gas Pipeline Leak Detection System Regional Market Overview
6.1 United States Oil & Gas Pipeline Leak Detection System Market Overview
6.2 Canada Oil & Gas Pipeline Leak Detection System Market Overview
6.3 Mexico Oil & Gas Pipeline Leak Detection System Market Overview
7 Regulatory Framework
7.1 API RP 1130
8 Competitive Landscape
8.1 North America Oil & Gas Pipeline Leak Detection System Market Revenue Share, By Company
8.2 Competitive Benchmarking, By Technology
9 Company Profile
9.1 Atmos International Ltd.
9.2 EFA Technologies, Inc.
9.3 KROHNE Messtechnik GmbH
9.4 OptaSense Ltd.
9.5 Pure Technologies Ltd.
9.6 PSI AG
9.7 Enbridge Inc.
9.8 DNV GL
9.9 Energy Solutions International Holdings, Inc.
9.10 Schneider Electric SA
For more information about this report visit http://www.researchandmarkets.com/research/3x25cn/north_america_oil
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