Middle East & Africa Leak Detection And Repair Market Size & Outlook
Middle East & Africa leak detection and repair market, 2017-2030 (US$M)
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MEA leak detection and repair market highlights
- The MEA leak detection and repair market generated a revenue of USD 1,108.4 million in 2023.
- The market is expected to grow at a CAGR of 3.9% from 2024 to 2030.
- In terms of segment, services was the largest revenue generating component in 2023.
- Equipment is the most lucrative component segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 1,108.4 million |
| Market revenue in 2030 | USD 1,444.1 million |
| Growth rate | 3.9% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Equipment |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Equipment, Services |
| Key market players worldwide | Aeris, International Business Machines Corp, Palo Alto Networks Inc, Honeywell International Inc, PrecisionHawk, Worley Ltd, Ball Corp, Patterson Companies Inc, Eagle Materials Inc, AECOM, Guardian Capital Group Ltd, ABB Ltd, McDermott International Ltd Ordinary Shares, Team Inc, Arsenal Digital Holdings Inc, Kairos Minerals Ltd |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.4% of the global leak detection and repair market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 15,514.4 million by 2030.
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Leak Detection And Repair Market Scope
Leak Detection And Repair Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa leak detection and repair market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to leak detection and repair market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 69.97% in 2023. Horizon Databook has segmented the Middle East & Africa leak detection and repair market based on equipment, services covering the revenue growth of each sub-segment from 2017 to 2030.
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Target buyers of Middle East & Africa leak detection and repair market databook
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Our clientele includes a mix of leak detection and repair market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa leak detection and repair market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa leak detection and repair market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Leak Detection And Repair Market Outlook Share, 2023 & 2030 (US$M)
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