Aging pipeline infrastructure and new pipeline construction projects is propelling growth in U.S. Oil and Gas Pipeline Leak Detection System Market

Date: 27 February 2017

According to Azoth Analytics research report, “U.S.Oil and Gas Pipeline Leak Detection System Market (By Equipment, ByApplication, By Region): Trends, Opportunities and Forecasts (2016-2021) - By equipment (Pressure sensors, Flow meters, Fibre optic sensors, Acoustic Sensors and other types of leak detectors), applications (Onshore and Offshore), region (Southeast, Northeast, Western and Midwest)”, U.S. Oil and Gas Pipeline Leak Detection System Market in terms of value is projected to exhibit a CAGR of over ~0.28% during 2016 – 2021, largely driven by rising pipeline projects as well as increasing oil & gas production in the country.

Moreover, stringent government policies levied by PHMSA and federal authorities are to minimise impact of leakage on environment. In addition, investments made by industry players for pipeline expansion and new pipeline construction are anticipated to boost the US oil and gas pipeline leak detection market during 2016-21.

A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of U.S. Oil and Gas Pipeline Leak Detection System and is categorized on basis of equipment (pressure sensors, flow meters, fibre optic sensors, acoustic sensors and other types of leak detectors), applications (onshore and offshore), region (Southeast, Northeast, Western and Midwest). 

Although, Southeast region is anticipated to lead the revenue contribution to the oil and gas leak detection market, Northeast region is also expected to witness a higher growth rate till 2021 on account of robust expansion plans in the region. 
The report titled “U.S.Oil and Gas Pipeline Leak Detection System Market (By Equipment, ByApplication, By Region): Trends, Opportunities and Forecasts (2016-2021)  has analysed the potential of U.S. Oil and Gas Pipeline Leak Detection Market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the U.S. Oil and Gas Pipeline Leak Detection System market. Additionally, the report also highlights market entry strategies for various companies across the globe.

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