New ARC Advisory Group research on the Leak Detection Systems market reveals that the worldwide demand for energy consumption will rise considerably in the coming decades and competitive pressures to secure future energy needs will intensify within the global energy markets. Given this increasingly heightened sense of competition, companies will seek to invest in pipeline monitoring systems, such as leak detection systems, to help mitigate financial risks, operational risks, and any associated fines or adverse public image ramifications caused by undetected leaks.
“Industry sources forecast the demand for energy is expected to increase significantly over the next few decades. This increase in demand for energy will create an increasingly more competitive landscape not just among companies, but also among countries to secure an energy future for their respective populations. This momentum parallels increasing investments in pipeline monitoring systems that monitor for corrosion and pipeline integrity and associated pipeline simulation technology to enhance operational efficiencies and mitigate risks of undetected leaks,” according to Jyoti Prakash, Analyst at ARC Advisory Group and key author of ARC’s Leak Detection Systems Global Market Research 2017-2022 report.
About the Leak Detection Systems Research
This ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the leak detection systems market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques. The research includes competitive analysis, plus five-year market forecasts by industry sector, project location, application/technology type, revenue category, sales channels, and customers.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include a:
- Market Intelligence Workbook (Excel) – personalized spreadsheet includes up to five years of historical data in addition to the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.