Leak Detection and Repair Market 2021: emerging growth trends, key players status, driving factors, business strategies, and size forecast to 2027
This press release was originally distributed by SBWire
London, United Kingdom – (SBWIRE) – 12/15/2021 – Leak Detection and Repair Market 2021
The global leak detection and repair market is estimated at around $ 17.55 billion in 2019. The market is expected to show a growth rate of more than 4.6% in the forecast period 2021-2027. Leak detection and repair is used to fix the leaks and repair them in these pile lines or reservoirs. The surge in investment in leak detection technology and government gas leak control guidelines and strategic development between government sectors and technology companies are the factors that led to the introduction of leak detection and repair in the forecast period 2021-2027.
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Key Players Covered In The Leak Detection And Repair Market Report Are:
Aeris Technologies, Inc.
IBM Thomas J. Watson Research Center
Bridger Photonics, Inc.
LI-COR, Inc.
Duke University
Colorado State University
Palo Alto Research Center
Maxion Technologies Inc.
Rebellion Photonics
Physical Sciences Inc
Market segmentation
The global leak detection and repair market is segmented into products such as portable gas detectors, UAV-based detectors, vehicle-based detectors, and manned aircraft detectors. Through technologies such as volatile organic compound (VOC) analyzer, optical gas imaging (OGI), laser absorption spectroscopy, ambient / mobile leak monitoring, acoustic leak detection and audiovisual-olfactory inspection. It also analyzes the market based on the regional outlook and its forecast for 2021-2027.
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Regional outlook
North America, USA, Canada, Mexico, Rest of North America, Europe, Germany, Great Britain, France, Russia, Spain, Italy, Rest of Europe, Asia-Pacific, China, Japan, India, South Korea, Singapore, Malaysia, rest of Asia-Pacific Space, LAMEA, Brazil, Argentina, United Arab Emirates, Saudi Arabia, South Africa, Nigeria, and the rest of LAMEA are examined in the global Leak Detection and Repair Market report.
Key questions of the report
Q) Who are the key players in the global Leak Detection and Repair Market?
A) The main players are Aeris Technologies, Inc, IBM Thomas J. Watson Research Center, Bridger Photonics, Inc., LI-COR, Inc., Duke University, Colorado State University, Palo Alto Research Center, Maxion Technologies Inc, Rebellion Photonics and Physical Sciences Inc.
Q) What is the expected growth rate for the market?
A) The market is expected to be more than 4.6% in the forecast period 2021-2027.
Table of contents – analysis of the main points
Chapter 1. Summary
1.1. Market snapshot
1.2. Global and Segmental Market Estimates and Forecasts, 2018-2027 (Billion USD)
1.2.1. Leak Detection and Repair Market, by Region, 2018-2027 (Billion USD)
1.2.2. Leak Detection and Repair Market by Component, 2018-2027 (Billion USD)
1.2.3. Leak Detection and Repair Market, by Product, 2018-2027 (Billion USD)
1.2.4. Leak Detection and Repair Market by Technology, 2018-2027 (Billion USD)
1.3. Key trends
1.4. Estimation methodology
1.5. Research assumption
Chapter 2. Global Leak Detection and Repair Market Definition and Scope
2.1. the aim of the study
2.2. Market definition & scope
2.2.1. Scope of study
2.2.2. Industry development
2.3. Years taken into account for studies
2.4. Currency conversion rates
Chapter 3. Global Leak Detection and Repair Market Dynamics
3.1. Leak Detection and Repair Market Impact Analysis (2018-2027)
3.1.1. Market leader
3.1.1.1 Increase investments in the safety of residential and commercial buildings
3.1.1.2 frequent conversion to natural gas for heating and energy purposes
3.1.2. Market challenges
3.1.2.1 Lack of professional competence
3.1.2.2 high maintenance costs
3.1.3. Market opportunities
3.1.3.1 increasing prevalence of gas leaks
3.1.3.2 growing demand for the introduction of gas sensors
Chapter 4. Global Leak Detection and Repair Market Analysis
4.1. Porter’s 5 Forces Model
4.1.1. Bargaining power of suppliers
4.1.2. Bargaining power of buyers
4.1.3. Threat from new entrants
4.1.4. Threat with proxy
4.1.5. Competition
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