Leak Detection And Repair Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2022 – 2030

The global leak detection and repair market size was valued at USD 18.01 billion in 2021, and is predicted to be worth around USD 27.88 billion by 2030, registering a CAGR of 4.3% during the forecast period 2022 to 2030.

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Growth Factors

The market growth can be attributed to the increasing demand for leak detection and repair (LDAR) systems among utility companies worldwide due to their benefits, such as safety improvement, cost-saving, and environmental protection. LDAR systems also help oil and gas and petroleum companies make workplaces healthier by decreasing the risk of accidents caused due to explosions and fire outbreaks. Increasing developments in natural gas and petroleum infrastructure worldwide are also expected to drive market growth.

Growing government efforts to reduce methane emissions worldwide are anticipated to accentuate market growth. For instance, the Global Methane Pledge was announced on November 2021 at COP26 in Glasgow to commit to a joint goal of lowering global methane emissions by at least 30% by 2030 as compared to the 2020 levels. This initiative emphasizes reducing methane emissions by tackling methane leaking from oil and gas pipelines, wells, and other fossil fuel infrastructure.

Report Coverage

Report Scope Details
Market Size US$ 27.88 billion by 2030
Growth Rate CAGR of 4.3% From 2022 to 2030
Largest Market North America
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered Component, Product, Technology
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Aeris Technologies, Inc.; IBM Thomas J. Watson Research Center; Bridger Photonics, Inc.; LI-COR, Inc.; Duke University; Colorado State University; Palo Alto Research Center; Maxion Technologies Inc.; Rebellion Photonics; Physical Sciences Inc.; Avitas Systems; PrecisionHawk; SeekOps, Inc.; Advisian; Ball Aerospace & Technologies Corp.; Gas Ops Leak Detectives, LLC (G.O.L.D. LLC).; Guideware Systems, LLC.; Summit Inspections Services, Inc.; GHD, Inc.; ERM Group, Inc.; AECOM; Guardian Compliance; ABB Ltd.; Chicago Bridge & Iron Company N.V.; Heath Consultants; ENCOS, Inc.; Team Inc.; VelocityEHS; Picarro Inc.; Microdrones GmbH; Boreal Laser Inc.; Kairos Aerospace

By Component Analysis

On the basis of components, the global LDAR market has been bifurcated into services and equipment. The services segment dominated the market in 2021 and accounted for more than 65.0% share of the global revenue. Leaking equipment, such as pumps, valves, connectors, and compressors, are the leading sources of volatile organic compounds emissions in chemical manufacturing facilities and petroleum refineries.

The equipment segment is anticipated to register the fastest growth rate over the forecast period. The integration of enhanced technologies in LDAR equipment is expected to create a new opportunity for the growth of the segment. Equipment with multi-gas solutions, cloud connectivity, and other such features are being increasingly used by utility companies to monitor Greenhouse Gases (GHG),

By Product Analysis

The handheld gas detectors segment dominated the market in 2021 and accounted for more than 38.0% share of the global revenue. Handheld gas detectors are increasingly in demand among oil and gas companies owing to their benefits, such as fast and reliable detection, compact and lightweight structures, and ease of use.

On the basis of products, the global market has been divided into handheld gas detectors, UAV-based detectors, vehicle-based detectors, manned aircraft detectors. The UAV-based detectors segment is anticipated to register the fastest CAGR over the forecast period. The use of UAV-based detectors to navigate dangerous areas is one of the critical advantages of these aerial solutions, which drives the segment growth.

By Technology Analysis

The Volatile Organic Compounds (VOCs) analyzer segment dominated the LADR market in 2021 and accounted for more than 30.0% share of the global revenue. Different gases, such as propane, N-butane, N-pentane, and N-octane, are considered under the VOC category.

The concentration of a VOC is high in an indoor environment compared to the outdoor environment. A VOC is mainly emitted from products inside a building, such as cleaning supplies, paints, glues, and printing equipment. Volatile organic compounds detectors are mainly used for the rapid and accurate detection of VOCs.

The Optical Gas Imaging (OGI) segment is expected to register the fastest CAGR over the forecast period. Optical gas imaging is a thermal imaging technology that utilizes highly sensitive infrared cameras to detect small fugitive emissions from the oil and gas industries.

By Regional Analysis

North America dominated the market in 2021 and accounted for a market share of 53.0%. The growth of the region can be attributed to the presence of stringent government regulations and norms. The pipeline leak detection regulation of the U.S requires the installation of a leak detection system on hazardous liquid pipelines.

The Asia Pacific regional market is expected to witness significant growth over the forecast period. The increasing demand for oil and oil products across Asia Pacific countries is expected to drive the demand for LDAR among utility companies in the region.

Key Players

  • Aeris Technologies, Inc.
  • IBM Thomas J. Watson Research Center
  • Bridger Photonics, Inc.
  • LI-COR, Inc.
  • Duke University
  • Colorado State University
  • Palo Alto Research Center
  • Maxion Technologies, Inc.
  • Rebellion Photonics
  • Physical Sciences, Inc.
  • Avitas Systems
  • PrecisionHawk
  • SeekOps, Inc.
  • Advisian
  • Ball Aerospace & Technologies Corp.
  • Gas Ops Leak Detectives, LLC (G.O.L.D. LLC).
  • Guideware Systems, LLC.
  • Summit Inspections Services, Inc.
  • GHD, Inc.
  • ERM Group, Inc.
  • AECOM
  • Guardian Compliance
  • ABB Ltd.
  • Chicago Bridge & Iron Company N.V.
  • Heath Consultants
  • ENCOS, Inc.
  • Team Inc.
  • VelocityEHS
  • Picarro Inc.
  • Microdrones GmbH
  • Boreal Laser Inc.
  • Kairos Aerospace

Market Segmentation

  • By Component
    • Equipment
    • Services
  • By Product
    • Handheld Gas Detectors
    • UAV-Based Detectors
    • Vehicle-based Detectors
    • Manned Aircraft Detectors
  • 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
  • Regional
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • Russia
    • Asia Pacific
      • China
      • India
      • Japan
    • Latin America
      • Brazil
      • Mexico
      • Venezuela
    • Middle East & Africa

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Leak Detection And Repair Market, By Component

7.1.  Leak Detection And Repair Market, by Component , 2021-2030

7.1.1.    Equipment

7.1.1.1.        Market Revenue and Forecast (2019-2030)

7.1.2.    Services

7.1.2.1.        Market Revenue and Forecast (2019-2030)

Chapter 8.  Global Leak Detection And Repair Market, By Product

8.1.  Leak Detection And Repair Market, by Product, 2021-2030

8.1.1.    Handheld Gas Detectors

8.1.1.1.        Market Revenue and Forecast (2019-2030)

8.1.2.    UAV-Based Detectors

8.1.2.1.        Market Revenue and Forecast (2019-2030)

8.1.3.    Vehicle-based Detectors

8.1.3.1.        Market Revenue and Forecast (2019-2030)

8.1.4.    Manned Aircraft Detectors

8.1.4.1.        Market Revenue and Forecast (2019-2030)

Chapter 9.  Global Leak Detection And Repair Market, By End User

9.1.  Leak Detection And Repair Market, by End User, 2021-2030

9.1.1.    Volatile Organic Compounds (VOC) Analyzer

9.1.1.1.        Market Revenue and Forecast (2019-2030)

9.1.2.    Optical Gas Imaging (OGI)

9.1.2.1.        Market Revenue and Forecast (2019-2030)

9.1.3.    Laser Absorption Spectroscopy

9.1.3.1.        Market Revenue and Forecast (2019-2030)

9.1.4.    Ambient/Mobile Leak Monitoring

9.1.4.1.        Market Revenue and Forecast (2019-2030)

9.1.5.    Acoustic Leak Detection

9.1.5.1.        Market Revenue and Forecast (2019-2030)

9.1.6.    Audio-Visual-Olfactory Inspection

9.1.6.1.        Market Revenue and Forecast (2019-2030)

Chapter 10.      Global Leak Detection And Repair Market, Regional Estimates and Trend Forecast

10.1.        North America

10.1.1.  Market Revenue and Forecast, by Component  (2019-2030)

10.1.2.  Market Revenue and Forecast, by Product (2019-2030)

10.1.3.  Market Revenue and Forecast, by End User (2019-2030)

10.1.4.  U.S.

10.1.4.1.      Market Revenue and Forecast, by Component  (2019-2030)

10.1.4.2.      Market Revenue and Forecast, by Product (2019-2030)

10.1.4.3.      Market Revenue and Forecast, by End User (2019-2030)

10.1.5.  Rest of North America

10.1.5.1.      Market Revenue and Forecast, by Component  (2019-2030)

10.1.5.2.      Market Revenue and Forecast, by Product (2019-2030)

10.1.5.3.      Market Revenue and Forecast, by End User (2019-2030)

10.2.        Europe

10.2.1.  Market Revenue and Forecast, by Component  (2019-2030)

10.2.2.  Market Revenue and Forecast, by Product (2019-2030)

10.2.3.  Market Revenue and Forecast, by End User (2019-2030)

10.2.4.  UK

10.2.4.1.      Market Revenue and Forecast, by Component  (2019-2030)

10.2.4.2.      Market Revenue and Forecast, by Product (2019-2030)

10.2.4.3.      Market Revenue and Forecast, by End User (2019-2030)

10.2.5.  Germany

10.2.5.1.      Market Revenue and Forecast, by Component  (2019-2030)

10.2.5.2.      Market Revenue and Forecast, by Product (2019-2030)

10.2.5.3.      Market Revenue and Forecast, by End User (2019-2030)

10.2.6.  France

10.2.6.1.      Market Revenue and Forecast, by Component  (2019-2030)

10.2.6.2.      Market Revenue and Forecast, by Product (2019-2030)

10.2.6.3.      Market Revenue and Forecast, by End User (2019-2030)

10.2.7.  Rest of Europe

10.2.7.1.      Market Revenue and Forecast, by Component  (2019-2030)

10.2.7.2.      Market Revenue and Forecast, by Product (2019-2030)

10.2.7.3.      Market Revenue and Forecast, by End User (2019-2030)

10.3.        APAC

10.3.1.  Market Revenue and Forecast, by Component  (2019-2030)

10.3.2.  Market Revenue and Forecast, by Product (2019-2030)

10.3.3.  Market Revenue and Forecast, by End User (2019-2030)

10.3.4.  India

10.3.4.1.      Market Revenue and Forecast, by Component  (2019-2030)

10.3.4.2.      Market Revenue and Forecast, by Product (2019-2030)

10.3.4.3.      Market Revenue and Forecast, by End User (2019-2030)

10.3.5.  China

10.3.5.1.      Market Revenue and Forecast, by Component  (2019-2030)

10.3.5.2.      Market Revenue and Forecast, by Product (2019-2030)

10.3.5.3.      Market Revenue and Forecast, by End User (2019-2030)

10.3.6.  Japan

10.3.6.1.      Market Revenue and Forecast, by Component  (2019-2030)

10.3.6.2.      Market Revenue and Forecast, by Product (2019-2030)

10.3.6.3.      Market Revenue and Forecast, by End User (2019-2030)

10.3.7.  Rest of APAC

10.3.7.1.      Market Revenue and Forecast, by Component  (2019-2030)

10.3.7.2.      Market Revenue and Forecast, by Product (2019-2030)

10.3.7.3.      Market Revenue and Forecast, by End User (2019-2030)

10.4.        MEA

10.4.1.  Market Revenue and Forecast, by Component  (2019-2030)

10.4.2.  Market Revenue and Forecast, by Product (2019-2030)

10.4.3.  Market Revenue and Forecast, by End User (2019-2030)

10.4.4.  GCC

10.4.4.1.      Market Revenue and Forecast, by Component  (2019-2030)

10.4.4.2.      Market Revenue and Forecast, by Product (2019-2030)

10.4.4.3.      Market Revenue and Forecast, by End User (2019-2030)

10.4.5.  North Africa

10.4.5.1.      Market Revenue and Forecast, by Component  (2019-2030)

10.4.5.2.      Market Revenue and Forecast, by Product (2019-2030)

10.4.5.3.      Market Revenue and Forecast, by End User (2019-2030)

10.4.6.  South Africa

10.4.6.1.      Market Revenue and Forecast, by Component  (2019-2030)

10.4.6.2.      Market Revenue and Forecast, by Product (2019-2030)

10.4.6.3.      Market Revenue and Forecast, by End User (2019-2030)

10.4.7.  Rest of MEA

10.4.7.1.      Market Revenue and Forecast, by Component  (2019-2030)

10.4.7.2.      Market Revenue and Forecast, by Product (2019-2030)

10.4.7.3.      Market Revenue and Forecast, by End User (2019-2030)

10.5.        Latin America

10.5.1.  Market Revenue and Forecast, by Component  (2019-2030)

10.5.2.  Market Revenue and Forecast, by Product (2019-2030)

10.5.3.  Market Revenue and Forecast, by End User (2019-2030)

10.5.4.  Brazil

10.5.4.1.      Market Revenue and Forecast, by Component  (2019-2030)

10.5.4.2.      Market Revenue and Forecast, by Product (2019-2030)

10.5.4.3.      Market Revenue and Forecast, by End User (2019-2030)

10.5.5.  Rest of LATAM

10.5.5.1.      Market Revenue and Forecast, by Component  (2019-2030)

10.5.5.2.      Market Revenue and Forecast, by Product (2019-2030)

10.5.5.3.      Market Revenue and Forecast, by End User (2019-2030)

Chapter 11.  Company Profiles

11.1.              Aeris Technologies, Inc.

11.1.1.  Company Overview

11.1.2.  Product Offerings

11.1.3.  Financial Performance

11.1.4.  Recent Initiatives

11.2.              IBM Thomas J. Watson Research Center

11.2.1.  Company Overview

11.2.2.  Product Offerings

11.2.3.  Financial Performance

11.2.4.  Recent Initiatives

11.3.              Bridger Photonics, Inc.

11.3.1.  Company Overview

11.3.2.  Product Offerings

11.3.3.  Financial Performance

11.3.4.  Recent Initiatives

11.4.              LI-COR, Inc.

11.4.1.  Company Overview

11.4.2.  Product Offerings

11.4.3.  Financial Performance

11.4.4.  Recent Initiatives

11.5.              Duke University

11.5.1.  Company Overview

11.5.2.  Product Offerings

11.5.3.  Financial Performance

11.5.4.  Recent Initiatives

11.6.              Colorado State University

11.6.1.  Company Overview

11.6.2.  Product Offerings

11.6.3.  Financial Performance

11.6.4.  Recent Initiatives

11.7.              Palo Alto Research Center

11.7.1.  Company Overview

11.7.2.  Product Offerings

11.7.3.  Financial Performance

11.7.4.  Recent Initiatives

11.8.              Maxion Technologies, Inc.

11.8.1.  Company Overview

11.8.2.  Product Offerings

11.8.3.  Financial Performance

11.8.4.  Recent Initiatives

11.9.              Rebellion Photonics

11.9.1.  Company Overview

11.9.2.  Product Offerings

11.9.3.  Financial Performance

11.9.4.  Recent Initiatives

11.10.           Physical Sciences, Inc.

11.10.1.               Company Overview

11.10.2.               Product Offerings

11.10.3.               Financial Performance

11.10.4.               Recent Initiatives

Chapter 12.  Research Methodology

12.1.              Primary Research

12.2.              Secondary Research

12.3.              Assumptions

Chapter 13.  Appendix

13.1.              About Us

Glossary of Terms

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