Europe Oil & Gas Pipeline Leak Detection Market Size & Outlook
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Europe oil & gas pipeline leak detection market highlights
- The Europe oil & gas pipeline leak detection market generated a revenue of USD 4,404.8 million in 2022.
- The market is expected to grow at a CAGR of 3.2% from 2023 to 2030.
- In terms of segment, services was the largest revenue generating component in 2022.
- Equipment is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 4,404.8 million |
| Market revenue in 2030 | USD 5,647.3 million |
| Growth rate | 3.2% (CAGR from 2022 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Equipment |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Equipment, Services |
| Key market players worldwide | Siemens AG, Honeywell International Inc, PSI Logistics, TTK Group, ATMOS MedizinTechnik, Schneider Electric SE, Perma-Pipe International Holdings Inc |
Other key industry trends
- In terms of revenue, Europe region accounted for 22.4% of the global oil & gas pipeline leak detection market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 15,514.4 million by 2030.
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Oil & Gas Pipeline Leak Detection Market Scope
Oil & Gas Pipeline Leak Detection Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Perma-Pipe International Holdings Inc | View profile | 640 | 24900 Pitkin Road, Suite 309, Spring, TX, United States, 77386 | https://www.permapipe.com |
| ATMOS MedizinTechnik | View profile | 101-250 | Lenzkirch, Baden-Wurttemberg, Germany, Europe | https://atmosmed.com |
| TTK Group | View profile | 251-500 | Bangalore, Karnataka, India, Asia | https://www.ttkservices.com |
| PSI Logistics | View profile | 101-250 | Berlin, Berlin, Germany, Europe | http://www.psilogistics.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
Europe oil & gas pipeline leak detection market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to oil & gas pipeline leak detection market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 63.67% in 2022. Horizon Databook has segmented the Europe oil & gas pipeline leak detection market based on equipment, services covering the revenue growth of each sub-segment from 2018 to 2030.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe oil & gas pipeline leak detection market , including forecasts for subscribers. This continent databook contains high-level insights into Europe oil & gas pipeline leak detection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe oil & gas pipeline leak detection market size, by country, 2018-2030 (US$M)
Europe Oil & Gas Pipeline Leak Detection Market Outlook Share, 2022 & 2030 (US$M)
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