Global Oil & Gas Pipeline Leak Detection Market Size & Outlook
Global oil & gas pipeline leak detection market, 2018-2030 (US$M)
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Global oil & gas pipeline leak detection market highlights
- The global oil & gas pipeline leak detection market generated a revenue of USD 19,706.3 million in 2022 and is expected to reach USD 27,887.7 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 4.4% by 2030.
- In terms of segment, services accounted for a revenue of USD 12,628.5 million in 2022.
- Equipment is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, Russia is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 19,706.3 million |
| Market revenue in 2030 | USD 27,887.7 million |
| Growth rate | 4.4% (CAGR from 2022 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Equipment |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Equipment, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 53.2% of the global oil & gas pipeline leak detection market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Russia is the fastest growing regional market and is projected to reach USD 1,866.5 million by 2030.
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Oil & Gas Pipeline Leak Detection Market Scope
Oil & Gas Pipeline Leak Detection Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global oil & gas pipeline leak detection 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 oil & gas pipeline leak detection market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 64.08% in 2022. Horizon Databook has segmented the Global oil & gas pipeline leak detection market based on equipment, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Oil & Gas Pipeline Leak Detection Component Outlook (Revenue, USD Million, 2018-2030)
- Equipment
- Services
- Global Oil & Gas Pipeline Leak Detection Technology Outlook (Revenue, USD Million, 2018-2030)
- Volatile Organic Compounds (VOC) Analyzer
- Optical Gas Imaging (OGI)
- Laser Absorption Spectroscopy
- Ambient/Mobile Leak Monitoring
- Acoustic Leak Detector
- Audio-Visual-Olfactory Inspection
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Target buyers of Global oil & gas pipeline leak detection market databook
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Our clientele includes a mix of oil & gas pipeline leak detection market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global oil & gas pipeline leak detection market , including forecasts for subscribers. This global databook contains high-level insights into Global oil & gas pipeline leak detection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global oil & gas pipeline leak detection market size, by region, 2018-2030 (US$M)
Top 10 countries: Oil & gas pipeline leak detection market size, 2022 (US$M)
Global oil & gas pipeline leak detection market share, by component, 2022 & 2030 (%, US$M)
Oil & gas pipeline leak detection market: Opportunity assessment by country
Global oil & gas pipeline leak detection market, by region, 2022 (US$M)
Related regional statistics
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