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Share this article Share this article NEW YORK, May 27, 2021 /PRNewswire/ Global sales of tunnel detection systems are set to be valued at over US$ 1.2 Bn in 2021, with stable long-term projections for the market, according to latest insights by Persistence Market Research. The report estimates the market to expand at around 5% CAGR from 2021 to 2031. Growing need for precise flow measurement technologies has led to heightened demand for tunnel detection systems from sectors such as oil & gas, power generation, and chemicals. Rapid technological advancements are also projected to complement market growth over the coming years. Persistence Market Research Demand for tunnel detection systems witnessed a slump in 2020 due to prudent rate of investments undertaken by end users during the COVID-19 outbreak. However, the defence sector, being a key end user of this equipment, is expected to augment sales over the coming years. Considering the possibility of a stimulus ....