The global leak detection and repair market reached a value of nearly $16,737.5 million in 2021, having increased at a compound annual growth rate (CAGR) of 2.3% since 2016. The market is expected to grow from $16,737.5 million in 2021 to $21,457.5 million in 2026 at a rate of 5.1 %. The market is then expected to grow at a CAGR of 4.2% from 2026 and reach $26,384.9 million in 2031.
Growth in the historic period resulted from increased leak detection and repair (IDAR) systems usage, increasing investment in oil and gas exploration in developing countries and economic growth. Factors that negatively affected growth in the historic period were retrofitting complications, consumer reluctance and high cost and maintenance of gas sensors.
Going forward, increasing oil and gas pipeline infrastructure, regulatory support, increasing incidents of oil and gas leakages in pipelines and storage tanks and product launches and innovations will drive market growth. Factors that could hinder the growth of the leak detection and repair market in the future include growing demand for renewable energy and the COVID-19 pandemic.
The leak detection and repair market is segmented by component into equipment and services. The services market was the largest segment of the leak detection and repair market by type, accounting for $11,054.4 million or 2.4 % of the total market in 2021. The equipment market is expected to be the fastest-growing segment going forward at a CAGR of 5.3%.
The leak detection and repair market is segmented by technology into volatile organic compounds (VOC) analyzer, optical gas imaging (OGI), laser absorption spectroscopy, ambient/mobile leak monitoring, acoustic leak detection and audio-visual-olfactory inspection. The volatile organic compounds (VOC) market was the largest segment of the leak detection and repair market by application, accounting for $1,674.7 million or 2.4 % of the total market in 2021. The optical gas imaging market is expected to be the fastest-growing segment going forward at a CAGR of 5.6%.
The leak detection and repair market is segmented by product into handheld gas detectors, UAV-based detectors, vehicle-based detectors, manned aircraft detectors. The handheld gas detectors market was the largest segment of the leak detection and repair market by end user, accounting for $2,110.7 million or 2.4% of the total market in 2021. The UAV-based detectors market is expected to be the fastest-growing segment going forward at a CAGR of 5.6%.
North America was the largest region in the leak detection and repair market, accounting for 2.5 % of the global market in 2021. It was followed by Asia Pacific, Western Europe and the other regions. Going forward, the fastest growing regions in the leak detection and repair market will be Asia Pacific and the North America, where growth will be at CAGRs of 5.7% and 5.3% respectively from 2021-2026.
The leak detection and repair market is consolidated, with a large number of players. The top ten competitors in the market made up to 6.31% of the total market in 2021. This is mainly due to the high growth potential of the market that is attracting the new players. Honeywell was the largest competitor with 3.27% share of the market, followed by AECOM with 1.99%, Ball Corporation with 0.62%, Advisian with 0.20%, LI-COR, Inc. with 0.08%, Physical Sciences, Inc. with 0.07%, ABB Ltd with 0.03%, Bridger Photonics, Inc. with 0.02%, Boreal Laser Inc. with 0.02%, and Picarro Inc. with 0.02%.
The top opportunities in the leak detection and repair market by component will arise in the services market, which will gain $3,035.1 million of global annual sales by 2026. The top opportunities in the leak detection and repair market by technology will arise in the volatile organic compounds (VOC) analyzer market, which will gain $488.8 million of global annual sales by 2026. The top opportunities in the leak detection and repair market by product will arise in Handheld gas detectors market, which will gain $608.4 million of global annual sales by 2026. The leak detection and repair market size will gain the most in the USA at $1,782.8 million.
Market-trend-based strategies for the leak detection and repair market include product innovation, introduction of artificial intelligence in leak detection and repair, rising collaborations and partnerships, integration of leak detectors in home automation systems and usage of wireless technology.
Player-adopted strategies in the leak detection and repair market include focus on protecting worksites and workers through the launch of new gas detectors, focus on enhancing business operations through strategic collaborations and partnerships and focus on strengthening business operations through the launch of new products.
To take advantage of the opportunities, the publisher recommends the leak detection and repair companies to focus on artificial intelligence in leak detection and repair, focus on new product launches, focus on integration of leak detectors in home automation systems, focus on wireless technology, focus on collaborations and partnerships, expand in emerging markets, provide competitively priced offerings, participate in trade shows and events, continue to use B2B promotions, focus on end-users.
This report describes and explains the leak detection and repair market and covers 2016-2021, termed the historic period, and 2021-2026 termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.
Growth in the historic period resulted from increased leak detection and repair (IDAR) systems usage, increasing investment in oil and gas exploration in developing countries and economic growth. Factors that negatively affected growth in the historic period were retrofitting complications, consumer reluctance and high cost and maintenance of gas sensors.
Going forward, increasing oil and gas pipeline infrastructure, regulatory support, increasing incidents of oil and gas leakages in pipelines and storage tanks and product launches and innovations will drive market growth. Factors that could hinder the growth of the leak detection and repair market in the future include growing demand for renewable energy and the COVID-19 pandemic.
The leak detection and repair market is segmented by component into equipment and services. The services market was the largest segment of the leak detection and repair market by type, accounting for $11,054.4 million or 2.4 % of the total market in 2021. The equipment market is expected to be the fastest-growing segment going forward at a CAGR of 5.3%.
The leak detection and repair market is segmented by technology into volatile organic compounds (VOC) analyzer, optical gas imaging (OGI), laser absorption spectroscopy, ambient/mobile leak monitoring, acoustic leak detection and audio-visual-olfactory inspection. The volatile organic compounds (VOC) market was the largest segment of the leak detection and repair market by application, accounting for $1,674.7 million or 2.4 % of the total market in 2021. The optical gas imaging market is expected to be the fastest-growing segment going forward at a CAGR of 5.6%.
The leak detection and repair market is segmented by product into handheld gas detectors, UAV-based detectors, vehicle-based detectors, manned aircraft detectors. The handheld gas detectors market was the largest segment of the leak detection and repair market by end user, accounting for $2,110.7 million or 2.4% of the total market in 2021. The UAV-based detectors market is expected to be the fastest-growing segment going forward at a CAGR of 5.6%.
North America was the largest region in the leak detection and repair market, accounting for 2.5 % of the global market in 2021. It was followed by Asia Pacific, Western Europe and the other regions. Going forward, the fastest growing regions in the leak detection and repair market will be Asia Pacific and the North America, where growth will be at CAGRs of 5.7% and 5.3% respectively from 2021-2026.
The leak detection and repair market is consolidated, with a large number of players. The top ten competitors in the market made up to 6.31% of the total market in 2021. This is mainly due to the high growth potential of the market that is attracting the new players. Honeywell was the largest competitor with 3.27% share of the market, followed by AECOM with 1.99%, Ball Corporation with 0.62%, Advisian with 0.20%, LI-COR, Inc. with 0.08%, Physical Sciences, Inc. with 0.07%, ABB Ltd with 0.03%, Bridger Photonics, Inc. with 0.02%, Boreal Laser Inc. with 0.02%, and Picarro Inc. with 0.02%.
The top opportunities in the leak detection and repair market by component will arise in the services market, which will gain $3,035.1 million of global annual sales by 2026. The top opportunities in the leak detection and repair market by technology will arise in the volatile organic compounds (VOC) analyzer market, which will gain $488.8 million of global annual sales by 2026. The top opportunities in the leak detection and repair market by product will arise in Handheld gas detectors market, which will gain $608.4 million of global annual sales by 2026. The leak detection and repair market size will gain the most in the USA at $1,782.8 million.
Market-trend-based strategies for the leak detection and repair market include product innovation, introduction of artificial intelligence in leak detection and repair, rising collaborations and partnerships, integration of leak detectors in home automation systems and usage of wireless technology.
Player-adopted strategies in the leak detection and repair market include focus on protecting worksites and workers through the launch of new gas detectors, focus on enhancing business operations through strategic collaborations and partnerships and focus on strengthening business operations through the launch of new products.
To take advantage of the opportunities, the publisher recommends the leak detection and repair companies to focus on artificial intelligence in leak detection and repair, focus on new product launches, focus on integration of leak detectors in home automation systems, focus on wireless technology, focus on collaborations and partnerships, expand in emerging markets, provide competitively priced offerings, participate in trade shows and events, continue to use B2B promotions, focus on end-users.
This report describes and explains the leak detection and repair market and covers 2016-2021, termed the historic period, and 2021-2026 termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.
Table of Contents
1. Executive Summary2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction and Market Characteristics
6.1. General Market Definition
6.2. Summary
6.3. Leak Detection And Repair Market Definition and Segmentations
6.4. Market Segmentation By Component
6.4.1. Equipment
6.4.2. Services
6.5. Market Segmentation (Equipment) By Technology
6.5.1. Volatile Organic Compounds (VOC) Analyzer
6.5.2. Optical Gas Imaging (OGI)
6.5.3. Laser Absorption Spectroscopy
6.5.4. Ambient/Mobile Leak Monitoring
6.5.5. Acoustic Leak Detection
6.5.6. Audio-Visual-Olfactory Inspection
6.6. Market Segmentation (Equipment) By Product
6.6.1. Handheld Gas Detectors
6.6.2. UAV-Based Detectors
6.6.3. Vehicle-Based Detectors
6.6.4. Manned Aircraft Detectors
7. Major Market Trends
7.1. Product Innovation
7.2. Artificial Intelligence In Leak Detection And Repair
7.3. Rising Collaborations And Partnerships
7.4. Integration Of Leak Detectors In Home Automation Systems
7.5. Wireless Technology
8. Global Market Size And Growth
8.1. Market Size
8.2. Historic Market Growth, 2016 - 2021, Value ($ Million)
8.2.1. Market Drivers 2016 - 2021
8.2.2. Market Restraints 2016 - 2021
8.3. Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
8.3.1. Market Drivers 2021 - 2026
8.3.2. Market Restraints 2021 - 2026
9. Global Market Segmentation
9.1. Global Leak Detection And Repair Market, Segmentation By Component, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
9.2. Global Equipment Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
9.3. Global Equipment Market, Segmentation By Product, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
10. Global Market, Regional And Country Analysis
10.1. Global Leak Detection And Repair Market, By Region, Historic and Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
10.2. Global Leak Detection And Repair Market, By Country, Historic and Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11. Asia-Pacific Market
11.1. Summary
11.2. Market Overview
11.2.1. Region Information
11.2.2. Market Information
11.2.3. Background Information
11.2.4. Government Initiatives
11.2.5. Regulatory Bodies
11.2.6. Regulations
11.2.7. Major Associations
11.2.8. Taxes Levied
11.2.9. Corporate Tax Structure
11.2.10. Investments
11.2.11. Major Companies
11.3. Asia-Pacific Leak Detection And Repair Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
11.4. Asia-Pacific Leak Detection And Repair Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
11.5. Asia-Pacific Leak Detection And Repair Market, Segmentation By Component, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.6. Asia-Pacific Equipment Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.7. Asia Pacific Leak Detection And Repair Market: Country Analysis
11.8. China Market
11.9. Summary
11.10. Market Overview
11.10.1. Country Information
11.10.2. Market Information
11.10.3. Background Information
11.10.4. Government Initiatives
11.10.5. Regulatory Bodies
11.10.6. Regulations
11.10.7. Major Associations
11.10.8. Taxes Levied
11.10.9. Corporate Tax Structure
11.10.10. Investments
11.10.11. Major Companies
11.11. China Leak Detection And Repair Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
11.12. China Leak Detection And Repair Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
11.13. China Leak Detection And Repair Market, Segmentation By Component, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.14. China Equipment Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.15. India Market
11.16. India Leak Detection And Repair Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
11.17. India Leak Detection And Repair Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
11.18. India Leak Detection And Repair Market, Segmentation By Component, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.19. India Equipment Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.20. Japan Market
11.21. Japan Leak Detection And Repair Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
11.22. Japan Leak Detection And Repair Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
11.23. Japan Leak Detection And Repair Market, Segmentation By Component, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.24. Japan Equipment Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.25. Australia Market
11.26. Australia Leak Detection And Repair Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
11.27. Australia Leak Detection And Repair Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
11.28. Australia Leak Detection And Repair Market, Segmentation By Component, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.29. Australia Equipment Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.30. Indonesia Market
11.31. Indonesia Leak Detection And Repair Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
11.32. Indonesia Leak Detection And Repair Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
11.33. Indonesia Leak Detection And Repair Market, Segmentation By Component, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.34. Indonesia Equipment Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.35. South Korea Market
11.36. South Korea Leak Detection And Repair Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
11.37. South Korea Leak Detection And Repair Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
11.38. South Korea Leak Detection And Repair Market, Segmentation By Component, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
11.39. South Korea Equipment Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
12. Western Europe Market
12.1. Summary
12.2. Market Overview
12.2.1. Region Information
12.2.2. Market Information
12.2.3. Background Information
12.2.4. Government Initiatives
12.2.5. Regulatory Bodies
12.2.6. Regulations
12.2.7. Major Associations
12.2.8. Corporate Tax Structure
12.2.9. Investments
12.2.10. Major Companies
12.3. Western Europe Leak Detection And Repair Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
12.4. Western Europe Leak Detection And Repair Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
12.5. Western Europe Leak Detection And Repair Market, Segmentation By Component, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
12.6. Western Europe Equipment Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
12.7. Western Europe Leak Detection And Repair Market: Country Analysis
12.8. UK Market
12.9. UK Leak Detection And Repair Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
12.10. UK Leak Detection And Repair Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
12.11. UK Leak Detection And Repair Market, Segmentation By Component, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
12.12. UK Equipment Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
12.13. Germany Market
12.14. Germany Leak Detection And Repair Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
12.15. Germany Leak Detection And Repair Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
12.16. Germany Leak Detection And Repair Market, Segmentation By Component, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
12.17. Germany Equipment Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
12.18. France Market
12.19. France Leak Detection And Repair Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
12.20. France Leak Detection And Repair Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
12.21. France Leak Detection And Repair Market, Segmentation By Component, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
12.22. France Equipment Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
13. Eastern Europe Market
13.1. Summary
13.2. Market Overview
13.2.1. Region Information
13.2.2. Market Information
13.2.3. Background Information
13.2.4. Government Initiatives
13.2.5. Regulations
13.2.6. Regulatory Bodies
13.2.7. Major Associations
13.2.8. Taxes Levied
13.2.9. Corporate Tax Structure
13.2.10. Investments
13.2.11. Major Companies
13.3. Eastern Europe Leak Detection And Repair Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
13.4. Eastern Europe Leak Detection And Repair Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
13.5. Eastern Europe Leak Detection And Repair Market, Segmentation By Component, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
13.6. Eastern Europe Equipment Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
13.7. Eastern Europe Leak Detection And Repair Market: Country Analysis
13.8. Russia Market
13.9. Russia Leak Detection And Repair Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
13.10. Russia Leak Detection And Repair Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
13.11. Russia Leak Detection And Repair Market, Segmentation By Component, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
13.12. Russia Equipment Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
14. North America Market
14.1. Summary
14.2. Market Overview
14.2.1. Region Information
14.2.2. Market Information
14.2.3. Background Information
14.2.4. Government Initiatives
14.2.5. Regulations
14.2.6. Regulatory bodies
14.2.7. Major Associations
14.2.8. Taxes Levied
14.2.9. Corporate Tax Structure
14.2.10. Investments
14.2.11. Major Companies
14.3. North America Leak Detection And Repair Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
14.4. North America Leak Detection And Repair Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
14.5. North America Leak Detection And Repair Market, Segmentation By Component, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
14.6. North America Equipment Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
14.7. North America Leak Detection And Repair Market: Country Analysis
14.8. USA Market
14.9. Summary
14.10. Market Overview
14.10.1. Country Information
14.10.2. Market Information
14.10.3. Background Information
14.10.4. Government Initiatives
14.10.5. Regulations
14.10.6. Regulatory bodies
14.10.7. Major Associations
14.10.8. Taxes Levied
14.10.9. Corporate Tax Structure
14.10.10. Investments
14.10.11. Major Companies
14.11. USA Leak Detection And Repair Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
14.12. USA Leak Detection And Repair Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
14.13. USA Leak Detection And Repair Market, Segmentation By Component, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
14.14. USA Equipment Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
15. South America Market
15.1. Summary
15.2. Market Overview
15.2.1. Region Information
15.2.2. Market Information
15.2.3. Background Information
15.2.4. Government Initiatives
15.2.5. Regulations
15.2.6. Regulatory bodies
15.2.7. Major Associations
15.2.8. Taxes Levied
15.2.9. Corporate Tax Structure
15.2.10. Investments
15.2.11. Major Companies
15.3. South America Leak Detection And Repair Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
15.4. South America Leak Detection And Repair Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
15.5. South America Leak Detection And Repair Market, Segmentation By Component, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
15.6. South America Equipment Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
15.7. South America Leak Detection And Repair Market: Country Analysis
15.8. Brazil Market
15.9. Brazil Leak Detection And Repair Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
15.10. Brazil Leak Detection And Repair Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
15.11. Brazil Leak Detection And Repair Market, Segmentation By Component, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
15.12. Brazil Equipment Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
16. Middle East Market
16.1. Summary
16.2.Market Overview
16.2.1. Region Information
16.2.2. Market Information
16.2.3. Background information
16.2.4. Government Initiatives
16.2.5. Regulations
16.2.6. Regulatory Bodies
16.2.7. Major Associations
16.2.8. Taxes Levied
16.2.9. Corporate Tax Structure
16.2.10. Investments
16.2.11. Major Companies
16.3. Middle East Leak Detection And Repair Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
16.4. Middle East Leak Detection And Repair Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
16.5. Middle East Leak Detection And Repair Market, Segmentation By Component, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
16.6. Middle East Equipment Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
17. Africa Market
17.1. Summary
17.2. Market Overview
17.2.1. Region Information
17.2.2. Market Information
17.2.3. Background Information
17.2.4. Government Initiatives
17.2.5. Regulations
17.2.6. Regulatory Bodies
17.2.7. Major Associations
17.2.8. Taxes Levied
17.2.9. Corporate Tax Structure
17.2.10. Investments
17.2.11. Major Companies
17.3. Africa Leak Detection And Repair Market, Historic Market Growth, 2016 - 2021, Value ($ Million)
17.4. Africa Leak Detection And Repair Market, Forecast Market Growth, 2021 - 2026, 2031F Value ($ Million)
17.5. Africa Leak Detection And Repair Market, Segmentation By Component, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
17.6. Africa Equipment Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Million)
18. Competitive Landscape And Company Profiles
19. Company Profiles
19.1. Honeywell International, Inc.
19.1.1. Company Overview
19.1.2. Products And Services
19.1.3. Business Strategy
19.1.4. Financial Overview
19.2. AECOM Technology Corporation
19.2.1. Company Overview
19.2.2. Products And Services
19.2.3. Financial Overview
19.3. Ball Corporation
19.3.1. Company Overview
19.3.2. Products And Services
19.3.3. Business Strategy
19.3.4. Financial Overview
19.4. Advisian
19.4.1. Company Overview
19.4.2. Products And Services
19.4.3. Financial Overview
19.5. LI-COR, Inc.
19.5.1. Company Overview
19.5.2. Products And Services
19.5.3. Business Strategy
19.5.4. Financial Overview
20. Key Mergers And Acquisitions
20.1. Aliaxis acquires acoustic water leak detection company, Aquarius Spectrum
20.2. Project Canary Acquisition of Aeris Technologies
20.3. Battery Ventures Acquires Analytical-Instrumentation Pioneer LI-COR Biosciences
20.4. Chubb Limited Acquired StreamLabs
20.5. Geospace Technologies Corporation Acquires Aquana, LLC
20.6. PTI - Packaging Technologies & Inspection Acquired Leak Detection Associates
20.7. Honeywell Acquires Rebellion Photonics
20.8. Microdrones Acquires Aircam UAV Technology
21. Opportunities And Strategies
21.1. Global Leak Detection And Repair Market In 2026 - Countries Offering Most New Opportunities
21.2. Global Leak Detection And Repair Market In 2026 - Segments Offering Most New Opportunities
21.3. Global Leak Detection And Repair Market In 2026 - Growth Strategies
21.3.1. Market Trend Based Strategies
21.3.2. Competitor Strategies
22. Leak Detection And Repair Market, Conclusions And Recommendations
22.1. Conclusions
22.2. Recommendations
22.2.1. Product
22.2.2. Place
22.2.3. Price
22.2.4. Promotion
22.2.5. People
23. Appendix
23.1. Market Data Sources
23.2. Research Methodology
23.3. Currencies
23.4. About the Publisher
23.5. Copyright and Disclaimer
Executive Summary
Leak Detection And Repair Global Market Opportunities And Strategies To 2031 provides the strategists; marketers and senior management with the critical information they need to assess the global leak detection and repair market as it emerges from the COVID-19 shut down.Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 12 geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s history and forecasts market growth by geography. It places the market within the context of the wider leak detection and repair market; and compares it with other markets.
The report covers the following chapters:
- Introduction and Market Characteristics - Brief introduction to the segmentations covered in the market, definitions and explanations about the leak detection and repair market.
- Key Trends - Highlights the major trends shaping the global leak detection and repair market. This section also highlights likely future developments in the market.
- Global Market Size and Growth - Global historic (2016-2021) and forecast (2021-2026), and (2026-2031) market values, and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional And Country Analysis - Historic (2016-2021) and forecast (2021-2026), and (2026-2031) market values and growth and market share comparison by region and country.
- Market Segmentation - Contains the market values (2016-2031) and analysis for for segment by component, by product and by technology in the market.
- Regional Market Size and Growth - Regional market size (2021), historic (2016-2021) and forecast (2021-2026), and (2026-2031) market values, and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape - Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Key Mergers and Acquisitions - Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
- Market Opportunities And Strategies - Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions And Recommendations - Includes recommendations for leak detection and repair providers in terms of product/service offerings, geographic expansion, marketing strategies and target groups.
- Appendix - This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Scope
Markets Covered
1) By Component: Equipment; Services2) By Technology: Volatile Organic Compounds (VOC) Analyzer; Optical Gas Imaging (OGI); Laser Absorption Spectroscopy; Ambient/Mobile Leak Monitoring; Acoustic Leak Detection; Audio-Visual-Olfactory Inspection
3) By Product: Handheld Gas Detectors; UAV-Based Detectors; Vehicle-Based Detectors; Manned Aircraft Detectors
Companies Mentioned: Honeywell; AECOM; Ball Corporation; Advisian; LI-COR, Inc.
Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Brazil; France; Germany; UK; Russia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time-series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; leak detection and repair indicators comparison.
Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Companies Mentioned
- Honeywell
- AECOM
- Ball Corporation
- Advisian
- LI-COR, Inc.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 281 |
| Published | January 2023 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 16737.5 Million |
| Forecasted Market Value ( USD | $ 26384.9 Million |
| Compound Annual Growth Rate | 4.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 5 |
