Ultrasonic gas leak detection (UGLD) is a comparatively recent detection technique and has emerged as an effective means of establishing the presence of gas leaks. It works especially well in open, ventilated areas where other methods of gas detection may not be independent of ventilation. Because UGLDs respond to the source of the leak, rather than the gas itself, they complement sensors that measure gas concentration.
The increase in adoption of gas turbine power plants is one of the key factors driving the market’s growth prospects. The replacement of coal-fired power plants by natural gas-based turbine power plants is driving the growth of the market for gas turbines. The rising adoption of gas turbine power plants will directly boost the demand for ultrasonic gas leak detectors. However, these gas turbines are associated with risks and hazards of fuel leaks. The risk of fire hazard is also high because gas turbine power plants are usually located in remote locations. This in turn, will drive the need for ultrasonic gas leak detectors throughout the estimated period to detect the presence of a gas leak.
The Americas accounted for the majority market shares during 2017 due to the increased production of natural gas and the expansion of gas pipelines. The market will continue to grow for the next four years in the region due to the shift from coal-fired power plants towards natural gas power plants. This will increase the pipeline activities for natural gas in the region, subsequently impacting the growth of the market for ultrasonic gas leak detectors.
In 2019, the market size of Ultrasonic Gas Leak Detectors is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Ultrasonic Gas Leak Detectors.
This report studies the global market size of Ultrasonic Gas Leak Detectors, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Ultrasonic Gas Leak Detectors production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Bacharach
Spectris
Emerson
MSA
AOIP
Diatex
INFICON
SUTO iTec
Market Segment by Product Type
Fixed Ultrasonic Gas Leak Detectors
Portable Ultrasonic Gas Leak Detectors
Market Segment by Application
Oil and Gas
Chemical Industry
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Ultrasonic Gas Leak Detectors status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Ultrasonic Gas Leak Detectors manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Ultrasonic Gas Leak Detectors are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Ultrasonic Gas Leak Detectors. Industry analysis & Market Report on Ultrasonic Gas Leak Detectors is a syndicated market report, published as Global (United States, European Union and China) Ultrasonic Gas Leak Detectors Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Ultrasonic Gas Leak Detectors market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.