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Oil & Gas Pipeline Leak Detection System

  • Date Submitted: 08/16/2016 11:50 PM
  • Flesch-Kincaid Score: 32.4 
  • Words: 372
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Bharatbook.com announces a report on “North America Oil & Gas Pipeline Leak Detection System Market: Applications and Countries”. The report thoroughly covers the North America Oil & Gas Pipeline Leak Detection System market by technologies, applications and countries.

The growing pipeline infrastructure to deliver energy to domestic and international markets have spurred the market for oil & gas pipeline Leak Detection System (LDS) in the North America region. The market for leak detection system in North America is promising and is offering huge opportunities as large number of pipeline projects have been recently awarded and several are in pipeline.

North America Oil & Gas Leak Detection System (LDS) market is projected to touch $1.58 billion by 2022. The United States is the major revenue contributor in the North American region. In North America, the compensated mass balance leak detection system accounted for major revenue share in the overall market in 2015, wherein the United States was the largest contributor. The Compensated Mass Balance leak detection system is expected to maintain its dominance throughout the forecast period. Amongst all the applications, onshore pipeline segment captured key share in the overall North America Oil & Gas Leak Detection market due to the existence of large pipeline network on land.

The North America leak detection industry witnessed slow growth as a result of low oil prices, particularly in Canadian market. However, from 2017 on wards, the market is likely to recover and is exhibited to record growth driven on account of tightening regulations.

The report thoroughly covers the North America Oil & Gas Pipeline Leak Detection System market by technologies, applications and countries. The report provides the unbiased and detailed analysis of the on-going trends, opportunities / high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current...

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