Middle East & Africa oil &
gas pipeline leak and theft detection market was valued at $ 0.18 billion in
2016, and is projected to grow at a CAGR of over 6%, in value terms, to reach $
0.26 billion by 2022. Africa is expected to be a lucrative market in the region,
on account of improving economic conditions. In 2014, GDP growth in Africa was
4.5%, which is further forecast to reach 5% in 2017. Moreover, growth in MEA
oil & gas pipeline leak detection market can also be attributed to rising
rate of crude oil theft across the region. In 2013, 100,000 barrels of crude
oil was stolen daily from swamps and shallow waters in Nigeria. Hence,
increasing initiatives by respective governments and growing requirement for
detecting leaks due to pilferage, oil & gas pipeline leak and theft
detection market in Africa is anticipated to showcase moderate growth through
2022.
Years
considered for this report:
Historical Years: 2012-2015
Base Year: 2016
Estimated Year: 2017
Forecast Period: 2017–2022
Objective of the Study:
- Primary objective of the
study was to understand and gain insights about the Middle East &
Africa oil & gas pipeline leak detection market and forecast the
market on the basis of application, source of revenue, equipment,
technology and country share.
- To categorize and
forecast Middle East & Africa oil & gas pipeline leak and theft
detection market by Onshore Vs. Offshore.
- To categorize and
forecast Middle East & Africa oil & gas pipeline leak and theft
detection market by application such as Buried, Subsea and
Refinery/Petrochemical.
- To categorize and
forecast Middle East & Africa oil & gas pipeline leak and theft
detection market by source of revenue such as Hardware, Software and
Aftersales services.
- To categorize and
forecast Middle East & Africa oil & gas pipeline leak and theft
detection market by equipment such as Flowmeters, Cable sensors, Pressure
sensors and Acoustic sensors.
- To categorize and
forecast Middle East & Africa oil & gas pipeline leak and theft
detection market by technology such as Ultrasonic/acoustic, Vapor sensing,
Fiber optic and Flow monitoring.
- To estimate, calculate and
forecast market size for Middle East & Africa oil & gas pipeline leak
and theft detection market, in terms of value.
- To strategically profile
the leading manufacturers, distributors and importers in the market which cater
to the Middle East & Africa oil & gas pipeline leak and theft
detection market.
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Few of the leading players in Middle
East & Africa oil & gas pipeline leak
and theft detection market
include Honeywell International Inc, Yokogawa Electric Corp, Siemens AG,
Schneider Electric, FMC Technologies, Emerson Process Management, GE Oil &
Gas, Cisco Systems Inc., and Cameron International.
TechSci Research carried out Middle
East & Africa oil
& gas pipeline leak and theft detection market study by considering various
aspects of Middle East & Africa oil & gas pipeline
leak and theft detection market. In the
beginning of the Middle East & Africa oil & gas pipeline leak
and theft detection market study, a brief study was conducted to
understand each aspect of market outlook such as drivers, challenges, market
trends and various other major factors affecting the market. Moreover, an
in-depth analysis was conducted to understand Middle East & Africa oil & gas pipeline
leak and theft detection market scenario
and to gauge the competitive scenario.
Afterwards, a
detailed scrutiny of by onshore Vs. Offshore, by application, by source of
revenue, by equipment, by technology, and by country markets for Middle East
& Africa oil
& gas pipeline leak and theft detection market was conducted. In order to extract data
for Middle
East & Africa oil
& gas pipeline leak and theft detection market, primary research surveys were
conducted with key opinion leaders, oil & gas pipeline manufacturers, EPC contractors and sub-contractors, leak
and theft detection service providers, field operators, distributors, and channel
partners to understand historical and present trends.
Considering the
assumptions, TechSci research dedicated team of industry experts has
comprehensively monitored and analysed various aspects of Middle East &
Africa oil & gas pipeline leak and theft detection market. TechSci research team has
analysed various segments and speculated a positive future for Middle East
& Africa oil & gas pipeline leak and theft
detection market
and subsequent countries. Also, various secondary sources were utilized for
preparing this report such as directories, databases such as company annual
reports, financial reports, proprietary databases, among others.
Key Target Audience:
- Oil & gas pipeline manufacturers, leak and theft
detection service providers, field operators, EPC contractors and
sub-contractors, distributors, and channel partners
- Customers (national oil companies, oil & gas
multinationals)
- Research organizations and consulting companies
- Associations, organizations, forums and alliances
related to oil & gas pipeline
- Government bodies such as regulating authorities and
policy makers
The study is useful in providing answers to past,
current and future adoption of oil & gas pipeline leak and theft detection technologies in Middle East & Africa market. This study
helps in analysing specific country adoption trend of oil & gas pipeline leak and theft detection solutions
which are useful for industry
stakeholders such as oil
& gas pipeline manufacturers, leak and theft detection service providers, raw
material suppliers, channel partners, EPC contractors and sub-contractors, distributors, and channel
partners, regulatory bodies and customers (national oil companies, oil & gas
multinationals).
Report Scope:
In this report, Middle
East & Africa oil & gas pipeline leak and theft detection market has been
segmented into the following categories in addition to the industry trends
which have also been detailed below:
·
Market, By Onshore Vs. Offshore
- Market,
By Application:
- Buried
- Subsea
- Refinery/Petrochemical
- Market, By Source of Revenue:
- Hardware
- Software
- Aftersales services
- Market, By Equipment:
- Flowmeters
- Cable sensors
- Pressure sensors
- Acoustic sensors
- Others
- Market, By Technology:
- Ultrasonic/acoustic
- Vapor sensing
- Fibre optic
- Flow monitoring
- Others
- Saudi Arabia
- UAE
- Iran
- Egypt
- Others
Competitive
Landscape
Competition
Benchmarking: Benchmarking of leading
players on the basis of product portfolio.
Company Profiles: Detailed
analysis of the major companies operating in Middle East & Africa oil &
gas pipeline leak and theft detection market.
Available
Customizations:
With the given
market data, TechSci Research offers customizations according to company’s
specific needs. The following customization options are available for the
report:
Channel Partner
Analysis
- Detailed list of
distributors and dealers across all major countries.
Company
Information
- Detailed analysis and
profiling of additional market players (up to five).
In
case of you can’t find what you are looking for then please get in touch with
our custom research team at [email protected]