Press Release

Europe Oil & Gas Pipeline Leak and Theft Detection Market growth to Grow with a robust CAGR through to 2028

Increasing energy consumption and expanding import and export of oil and gas is expected to drive the Europe Oil & Gas Pipeline Leak and Theft Detection Market growth in the forecast period, 2024-2028.


According to TechSci Research report, “Europe Oil & Gas Pipeline Leak and Theft Detection Market - By Country, Competition, Forecast and Opportunities, 2018-2028”, the Europe Oil & Gas Pipeline Leak and Theft Detection Market is expected to register a robust during the forecast period, 2024-2028. Significant environmental damage can result from leaks and spills, prompting increased attention to these incidents and making leak and theft detection imperative for pipeline operators. This is contributing to the growth of the oil & gas pipeline leak and theft detection market in Europe.

European countries are increasingly investing in the modernization and expansion of their energy infrastructure. This includes the construction of new pipelines, as well as the rehabilitation and upgrading of existing ones. With the growing extent and interconnectivity of these pipelines, there is a significant anticipated increase in demand for advanced leak and theft detection systems. Pipeline operators will actively seek state-of-the-art solutions to ensure the integrity and safety of their networks, thereby creating opportunities for technology providers and service companies.

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Based on source of revenue, Software segment has emerged as the predominant market leader. The software segment of the Europe Oil & Gas Pipeline Leak and Theft Detection Market has been experiencing consistent growth in recent years. This growth is driven by increasing investments in pipeline safety and security solutions, regulatory compliance requirements, and the need for advanced data analytics. Monitoring and Analytics Software solutions gather and analyze data from various sensors, including pressure, temperature, and flow sensors, to identify anomalies and potential leaks. Predictive maintenance software utilizes machine learning algorithms to forecast equipment failures and proactively schedule maintenance, minimizing the risk of leaks caused by equipment malfunctions. The software segment is rapidly evolving, with a notable emphasis on the integration of advanced technologies such as artificial intelligence (AI) and machine learning (ML). AI and ML algorithms can analyze large volumes of sensor data in real-time, enhancing the accuracy of leak and theft detection. Stringent environmental regulations in Europe necessitate pipeline operators to invest in software solutions that ensure compliance, encompassing software for monitoring emissions, tracking spills, and managing environmental impact assessments.

Based on technology, Vapor sensing segment is expected to grow during the forecast period. Vapor sensing technologies encompass various methods for detecting the presence of volatile gases and substances in and around pipelines. Gas sensors are specifically designed to detect gases such as methane, hydrogen, or volatile organic compounds (VOCs) that may indicate a leak. IR sensors can detect specific gases based on their absorption of infrared light. Vapor sensors are utilized to identify and locate leaks in pipelines by detecting the gases or substances released during a leak event. These sensors are also effective in detecting unauthorized access or tampering with pipelines, such as siphoning or tapping, for theft purposes. The increasing popularity of miniaturized gas sensors is attributed to their portability and suitability for remote monitoring applications. Vapor sensing solutions are progressively integrated with IoT platforms and networks to facilitate real-time monitoring and data analysis. Vapor sensing technologies play a crucial role in aiding pipeline operators to comply with stringent environmental and safety regulations in Europe, minimizing environmental impact, and ensuring the safety of nearby communities.

Major companies operating in Europe Oil & Gas Pipeline Leak and Theft Detection Market are:

  • Siemens AG
  • Honeywell International Inc.
  • Schneider Electric SE
  • Baker Hughes
  • ABB Ltd  
  • TotalEnergies
  • TechnipFMC
  • ROSEN Group
  • T.D. Williamson, Inc.
  • SENSIT Technologies

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“Russia is expected to dominate the market during the forecast period. Regulatory harmonization and alignment between Russia and European countries can facilitate the exchange of technologies and best practices in pipeline leak and theft detection. This alignment can help reduce barriers to entry for Russian companies in the European market while promoting the sharing of expertise and advancements in this field.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

Europe Oil & Gas Pipeline Leak and Theft Detection Market By Location of Application (Buried, Subsea and Petrochemical), By Method of Leak (Internal and External), By Source of Revenue (Hardware, Software and Aftersales services), By Equipment (Flowmeters, Cable sensors, Pressure sensors, Acoustic sensors and Others), By Technology (Ultrasonic/acoustic, Vapor sensing, Fiber optic, Flow monitoring and Others), By Country, By Competition Forecast & Opportunities, 2018-2028”, has evaluated the future growth potential of Europe Oil & Gas Pipeline Leak and Theft Detection Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Europe Oil & Gas Pipeline Leak and Theft Detection Market.


Mr. Ken Mathews

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