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NEW YORK, May 12, 2021 /PRNewswire/ The global air and gas leak detectors market by product (fixed detector, portable detector, and detector tube) and geography (APAC, North America, Europe, MEA, and South America) has been added to Technavio s offering. The global air and gas leak detectors market is expected to grow by USD 353.76 million, at a CAGR of almost 3% during 2021-2025.
Technavio has announced its latest market research report titled Air and Gas Leak Detectors Market by Product and Geography - Forecast and Analysis 2021-2025
The COVID-19 pandemic reduced the demand for air and gas leak detectors in 2020. The imposition of lockdowns resulted in disruptions in economic activities as well as in the supply chain. However, countries across the world are initiating vaccination programs, which is to reduce the impact of COVID-19 on the public as well as economic activities in 2021. Therefore, the market is expected to recover and regi
Global Leak Detection Market Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027 sandiegosun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sandiegosun.com Daily Mail and Mail on Sunday newspapers.
Increasing incidents of oil and gas leakages in pipelines and storage tanks at production facilities
Northbrook, IL (SBWIRE) 12/17/2020 According to the new market research report Leak Detection Market for Oil & Gas with COVID-19 Impact by Technology (Acoustic, E-RTTM, Fiber Optic, Mass/Volume Balance, Laser Absorption and LiDAR, Thermal Imaging), Medium (Oil and Condensate, Natural Gas), and Region - Global Forecast to 2025 , published by MarketsandMarkets™, the Leak Detection Market is estimated to be USD 2.1 billion in 2020 and is projected to reach USD 3.0 billion by 2025; it is expected to grow at a CAGR of 7.8% from 2020 to 2025. Increasing incidents of oil and gas leakages in pipelines and storage tanks at production facilities, ongoing construction of new pipelines and expansion of existing ones, and evolving government regulations pertaining to the implementation of leak detection systems are the key factors driving the growth of the leak detection market for
Markets and Markets Limited (via Public) / Leak Detection Market worth $3.0 billion by 2025 publicnow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from publicnow.com Daily Mail and Mail on Sunday newspapers.