Press Release

Demand for Pipeline Leak and Theft Detection Technologies Surge in South America

Aging oil fields, growing environmental concerns and increasing research & development activities to propel South America oil & gas pipeline leak and theft detection market through 2022

According to a recently published TechSci Research report, South America Oil & gas Pipeline Leak and Theft Detection Market By Onshore Vs. Offshore, By Application, By Source of Revenue, By Equipment, and By Technology Competition Forecast & Opportunities, 2012–2022, oil & gas pipeline leak and theft detection is anticipated to cross $0.09 Billion by 2022. The major reasons for decline in oil & gas pipeline leak and theft detection market in South America during 2012-2016, were aging oil fields and lack of investments in countries such as Venezuela and Columbia. However, due to recovering crude prices demand for oil & gas is also consequently growing from various countries in the region. Moreover, import of oil & gas is also rising, which is expected to fuel growth in South America oil & gas pipeline leak and theft detection market in the coming years.

Browse 21 Figures spread through 76 Pages and an in-depth TOC on "South America Oil & Gas Pipeline Leak and Theft Detection Market"

https://www.techsciresearch.com/report/south-america-oil-gas-pipeline-leak-and-theft-detection-market-by-onshore-vs-offshore-by-application-buried-subsea-refinery-petrochemical-by-source-of-revenue-by-equipment-by-technology-competition-forecast-opportunities/1021.html

“Demand for oil & gas across the region is growing and proper infrastructure of pipelines is needed for safe mode to transportation from one place to another. Hence, in order to cater both the domestic as well as the international marker, demand for pipeline leak and theft detection in South America is forecast to rise through 2022.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

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South America Oil & gas Pipeline Leak and Theft Detection Market By Onshore Vs. Offshore, By Application, By Source of Revenue, By Equipment, and By Technology Competition Forecast & Opportunities, 2012–2022has evaluated the future growth potential of South America oil & gas pipeline leak and theft detection market and provides statistics and information on market structure. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes emerging trends along with essential drivers, challenges available in South America oil & gas pipeline leak and theft detection market.

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Relevant Reports

South America Oil & Gas Pipeline Leak and Theft Detection Market By Onshore Vs. Offshore, By Application (Buried, Subsea & Refinery/Petrochemical), By Source of Revenue, By Equipment, By Technology Competition Forecast & Opportunities, 2012–2022

Oil and Gas | May, 2017

Aging oil fields, growing environmental concerns and increasing research & development activities to propel South America oil & gas pipeline leak and theft detection market through 2022

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