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(IT-NEWSWIRE.COM, May 20, 2018 ) Leak detection is the application of tools and equipment for determining leakages within a system such as oil & gas pipelines or the water pipelines. Corrosions and deteriorations of the pipe based materials are major causes of leakages and thereby need to be inspected and repaired to prevent losses. An electronic device called leak detectors are used for sensing and detecting leakage of oil & gas, water and other materials.
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Growth and expansion of existing pipelines and building of new pipelines are the major drivers which help in surging the growth of leak detection market whereas lack of technological advancements in offshore leak detection systems act as a restraining factor for this market. Introduction of hydraulic leak detection systems for oil & gas pipelines will add new opportunities for this market in the coming years.
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The “Global Leak Detection Market Analysis to 2025” is a specialized and in-depth study of the leak detection industry with a focus on the global market trend. The report aims to provide an overview of global leak detection market with detailed market segmentation by type, technology, end-user and geography. The global leak detection market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global leak detection market based on type, technology and end-user. It also provides market size and forecast till 2025 for overall leak detection market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 counties globally along with current trend and opportunities prevailing in the region.
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Source: EmailWire.Com 
Source: EmailWire.com
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