Gcc Oil & Gas Pipeline Leak Detection Market

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Date Submitted: 05/26/2016 01:22 AM

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May 26th 2016 Mumbai, India: Bharatbook.com announces a report on “ GCC Oil & Gas Pipeline Leak Detection Market ”. 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 and future market dynamics.

GCC countries are the major exporters of crude oil and natural gas in the world. GCC countries are investing billions of dollars for development of oil & gas fields to increase the production.

These developments would spur the expansion of both onshore and offshore pipeline network. With the expansion of pipeline network in GCC region, need for reliable and cost effective leak detection system would be witnessed, which would fuel the market for oil & gas pipeline leak detection system.

GCC Oil & Gas Leak Detection System (LDS) market is projected to grow at a CAGR of 6.52% during 2016-22. Saudi Arabia and UAE are the key revenue generating countries in entire GCC region. In GCC, acoustic / negative pressure wave leak detection system accounted for major revenue share in the overall market in 2015, with Saudi Arabia being the largest contributor. Acoustic / negative pressure wave leak detection system is expected to maintain its dominance throughout the forecast period. Amongst all applications, onshore pipeline segment captured key share in the overall GCC Oil & Gas Leak Detection market due to existence of large pipeline network on land.

The report thoroughly covers the GCC Oil & Gas Pipeline Leak Detection System market by technology, application and country. 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 and future market dynamics.

Key Highlights of the Report

-Historical Data of GCC Leak...