Leak Detection And Repair Market Size, Share & Trends Report

Leak Detection And Repair Market Size, Share & Trends Analysis Report By Product (Handheld Gas Detectors, UAV-based Detectors), By Technology (VOC Analyzer, Optical Gas Imaging), And Segment Forecasts, 2021 - 2028

  • Published Date: Feb, 2021
  • Base Year for Estimate: 2020
  • Report ID: GVR-2-68038-756-8
  • Format: Electronic (PDF)
  • Historical Data: 2016 - 2019
  • Number of Pages: 150

Report Overview

The global leak detection and repair market size was valued at USD 18.36 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 4.6% from 2021 to 2028. The promising growth prospects of the market can be attributed to the evolving government regulations on the implementation of leak detection systems among various end-users. At the same time, increasing oil and gas production and exploration worldwide is driving the market growth. For instance, in February 2020, Neptune Energy announced gas production from Adorf Carboniferous based in Germany. Leak detection and repair (LDAR) market is a system used to repair leaking components such as pumps, connectors, valves, agitators, and compressors to minimize the emission of Hazardous Air Pollutants (HAPs) and Volatile Organic Compounds (VOCs).

U.S. leak detection and repair market size, by product, 2016 - 2028 (USD Billion)

The Environment Protection Agency conducts audits for pursuing enforcement actions in chemical manufacturing and petroleum refining industries to verify the minimization of HAP and VOC emissions. The leak detection and repair managers are expected to follow procedures such as analyzer calibration procedures and method 21 monitoring techniques for ensuring their leak detection and repair programs are compliant with regulatory norms.

The basic goals of LDAR systems are cost savings, worker and community safety, and environmental protection. The implementation of leak detection and repair systems has enabled petroleum refineries to reduce their emissions by 63% and has helped chemical facilities reduce VOC emissions by 56%. According to the estimates provided by the Environmental Protection Agency, a leak detection and repair system saves USD 730,000 per year. Thus, the need to reduce harmful gas leaks has increased the demand for leak detection and repair in recent days.

The gas leak detection systems are in demand in commercial food processing and HVAC areas. The prolonged exposure to ammonia used as a refrigerant in food packaging causes health-related problems to the people in the vicinity. According to Bacharach, a solution company based in Pennsylvania, CO2 is harmful to human health if present in high concentrations. Thus, the need for leak detection and repair systems is critical in commercial food processing areas as the high operating pressure of CO2 can cause the gas to escape in refrigerated space, which is harmful to human health.

Gas leaks from oil and gas industries are harmful to human health and the environment and cause huge losses to the companies operating in this space. For instance, in December 2019, a 6-inch crack in the natural gas pipeline caused an explosion that killed two people in Philadelphia and destroyed a small portion of the city. When exploded to air, natural gas ignites after reaching 10 to 15 percent of air volume. This creates the need to control the gas leakage before the concentration reaches the flammable limit. Crestone Peak Resources an American oil and natural gas producer announced the implementation of air quality monitors and detectors at all its production assets to avoid the losses caused due to gas leakage. Moreover, COVID-19 has positively impacted the market growth over the forecast period. Leak detection and repair systems are used to detect leaks in mobile HVAC systems.

Product Insights

The handheld gas detectors segment dominated the market in 2020 and accounted for more than 37.0% share of the global revenue. Handheld gas detectors are used for monitoring gas leaks owing to its cost-effectiveness and portability. These detectors are used for detecting different gases such as methanal, carbon dioxide, ammonia, and methane. The rising natural gas production coupled with the increasing trade of oil and gas products is increasing the demand for handheld gas detectors in the oil & gas industry.

The vehicle-based detectors segment is anticipated to register the highest growth rate over the forecast period. Vehicle-based detectors are mounted on the vehicle tops for scanning the surrounding areas for gas leaks. These detectors are effective while driving as well as parking. Additionally, vehicle-based detectors include a built-in GPS receiver that accurately tracks the leak locations. All these factors are contributing to the segment growth.

Technology Insights

The Volatile Organic Compounds (VOC) Analyzer segment dominated the market in 2020 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 volatile organic compound category. The concentration of a VOC is high in an indoor environment compared to the outdoor environment. A VOC is mainly emitted from the products inside a building, such as cleaning supplies, paints, glues, and printing equipment. VOC detectors are mainly used for rapid and accurate detection of volatile organic compounds.

The optical gas imaging segment is expected to register the highest growth rate 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. The demand for optical gas imaging detectors is high in industries such as pulp and paper, petrochemical, natural gas processing plants, and power generation plants. These detectors are used to detect gas leaks from a safe distance and thereby, reduce risks to the environment and personnel.

Regional Insights

North America dominated the leak detection and repair market in 2020 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 government's support for the oil and gas industries in the U.S. is also driving the country's industrial growth. The growing oil and gas industry is thereby creating the need for leak detection and repair systems in the U.S. Additionally, government subsidies to oil and gas industries are also driving the regional market growth.

Europe leak detection and repair market share, by product 2020 (%)

The Asia Pacific region is expected to witness significant growth over the forecast period. The increasing global demand for natural gas is driving the need for leak detection and repair systems in the region. The increasing production of natural gas in countries such as China is also creating the need for leak detection and repair systems. Thus, the growing oil and gas production and the expansion of oil and gas pipelines are some of the major factors driving the market growth in the region.  

Key Companies & Market Share Insights

The competitive landscape of the market is highly fragmented in nature. The market players are focused on strategies such as partnerships, joint ventures, product innovation, research & development, and geographical expansion to strengthen their market positions. Businesses are focusing on providing enhanced IoT-based leak detection and repair systems. These enhanced IoT-based leak detection and repair systems are thereby enabling companies to strengthen their market positions. Market players receive contracts from different companies, which provides them a competitive edge. For instance, in May 2016, Aeris Technologies, Inc. received the National Aeronautics and Space Administration’s (NASA’s) Small Business Innovative Research (SBIR) grant to develop an Ultrasensitive Airborne Formaldehyde Monitor. This monitor was used for ground-based and airborne atmospheric monitoring. Some of the prominent players in the leak detection and repair market are:

  • 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

Leak Detection And Repair Market Report Scope

Report Attribute

Details

Market size value in 2021

USD 19.07 billion

Revenue forecast in 2028

USD 26.08 billion

Growth rate

CAGR of 4.6% from 2021 to 2028

Base year of estimation

2020

Historical data

2016 - 2019

Forecast period

2021 - 2028

Quantitative units

Revenue in USD million and CAGR from 2021 to 2028

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Product, technology, region

Regional scope

North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Country scope

U.S.; Canada; U.K.; Germany; Russia; China; India; Japan; Brazil; Mexico; Venezuela

Key companies profiled

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

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Segments Covered in the Report

The report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2028. For this study, Grand View Research has segmented the global leak detection and repair market report based on product, technology and region:

  • Product Outlook (Revenue, USD Million, 2016 - 2028)

    • Handheld Gas Detectors

    • UAV-Based Detectors

    • Vehicle-based Detectors

    • Manned Aircraft Detectors

  • Technology Outlook (Revenue, USD Million, 2016 - 2028)

    • Volatile Organic Compounds (VOC) Analyzer

    • Optical Gas Imaging (OGI)

    • Laser Absorption Spectroscopy

    • Ambient/Mobile Leak Monitoring

    • Acoustic Leak Detection

    • Audio-Visual-Olfactory Inspection

  • Regional Outlook (Revenue, USD Million, 2016 - 2028)

    • 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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