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.
The Ultrasonic Gas Leak Detectors market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 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 presents the worldwide Ultrasonic Gas Leak Detectors market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Ultrasonic Gas Leak Detectors Breakdown Data by Type
Fixed Ultrasonic Gas Leak Detectors
Portable Ultrasonic Gas Leak Detectors
Ultrasonic Gas Leak Detectors Breakdown Data by Application
Oil and Gas
Ultrasonic Gas Leak Detectors Production by Region
Ultrasonic Gas Leak Detectors Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Ultrasonic Gas Leak Detectors status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Ultrasonic Gas Leak Detectors manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers 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 :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Ultrasonic Gas Leak Detectors market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.