November 2016, Vol. 243, No. 11


Pipeline Leak Detection Expected to See Muted Growth Through 2020

Due to high levels of energy consumption in Asia and Oceania, particularly in India and Japan, and major pipeline infrastructure investments in Africa and Europe, the global oil and gas leak detection market is poised to grow at a steady rate in the coming years. This according to TechSci Research, which also points to rising incidents of oil and gas pipeline spills caused by corrosion and pilferages that have led to growing concerns regarding pipeline leak detection syste Globally, pipeline networks should see sluggish growth until 2018 due to weak crude oil prices; however, this is expected to stabilize after 2018. A total of $3.16 trillion is expected to be invested on the global pipeli

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