Middle East & Africa Oil & Gas Pipeline Leak and Theft Detection Market By Onshore Vs. Offshore, By Application, By Source of Revenue, By Equipment, By Technology Competition Forecast &...

LONDON, Aug. 3, 2017 /PRNewswire/ -- 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.


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According to "Middle East & Africa Oil & Gas Pipeline Leak and Theft Detection Market, Competition Forecast & Opportunities, 2012–2022", the Middle East & Africa oil & gas pipeline leak and theft detection market is projected to reach $ 0.26 billion by 2022. 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. "Middle East & Africa Oil & Gas Pipeline Leak and Theft Detection Market, Competition Forecast & Opportunities, 2012–2022" discusses the following aspects in the MEA oil & gas pipeline leak and theft detection market:

- Market Size & Share Forecast
- Regional and Country Market Analysis
- Segmental Analysis – By Location of Application (Buried Pipelines, Subsea Pipelines, and Refinery/ Petrochemical Complex), By Method of Leak Detection (Internal Vs. External), By Technology (Ultrasonic/Acoustic, Flow Monitoring, Fiber Optic, Vapor Sensing & Others), By Source of Revenue (Hardware, Software & Aftersales Services), By Equipment/Device (Flowmeters, Acoustic Sensors, Pressure Sensors/ Transducers, Intelligent Pigging/ Smart Ball Technology, Cable Sensors & Others)
- Changing Market Trends & Emerging Opportunities
- Competitive Landscape & Strategic Recommendations

Why You Should Buy This Report?

- To gain an in-depth understanding of Middle East & Africa oil & gas pipeline leak and theft detection market.
- To identify the on-going trends and anticipated growth in the next ten years
- To help industry consultants, oil & gas pipeline companies and other stakeholders align their market-centric strategies
- To obtain research based business decisions and add weight to presentations and marketing material
- To gain competitive knowledge of leading market players and suppliers
- To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer's specific needs

Report Methodology

The information contained in this report is based upon both primary and secondary research. Primary research included interaction with 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). Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.
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