Middle East & Africa Leak Detection Market Set to Surge to USD 308 million by 2030 at 8.1% CAGR | MarkNtel Advisors

0
201

Market Overview:

MarkNtel Advisors has released a new report that highlights the strong growth trajectory of the Middle East & Africa Leak Detection Market, The Middle East & Africa Leak Detection Market size was valued at around USD 208 million in 2024 and is projected to reach around USD 308 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 8.1% during the forecast period, i.e., 2025-30. Various factors are attributed to the growth of the market like growth in automobile production, growing focus on lightweight & sustainable materials, rising demand for luxury & customized interiors, increasing focus on safety standards, and the adoption of Advanced Driver Assistance Systems (ADAS). The report provides valuable insights into the drivers, trends, and challenges shaping the future of the Middle East & Africa Leak Detection Market. It offers an in-depth look at the key players, geographical performance, and the segments leading the charge in market share.

Industry Outlook & Forecasts:

  • Forecast Period: 2025-2030
  • Market Size in 2024: USD 208 million
  • CAGR (2025-2030): 8.1%

Request for a Free PDF Sample of the Report – https://www.marknteladvisors.com/query/request-sample/mea-leak-detection-market.html

Middle East & Africa Leak Detection Market Segmentation Breakdown:

The Middle East & Africa Leak Detection Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic.  The further bifurcations are as follows:

By Detector Type

  • Hardware
    • Handheld Detectors - Market Size & Forecast 2020-2030, USD Million
    • Fixed Detectors - Market Size & Forecast 2020-2030, USD Million
    • UAV-Based Detectors - Market Size & Forecast 2020-2030, USD Million
  • Software - Market Size & Forecast 2020-2030, USD Million
  • Services - Market Size & Forecast 2020-2030, USD Million

Hardware dominates the market with a market share of more than 50%. This is primarily due to the market dynamics of the region, which is currently in the introductory phase of deploying the leak detectors.

By Technology

  • Acoustic/Ultrasound - Market Size & Forecast 2020-2030, USD Million
  • Fibre Optics - Market Size & Forecast 2020-2030, USD Million
  • Extended Real Time Transient Model (E-TTM) - Market Size & Forecast 2020-2030, USD Million
  • Thermal Imaging - Market Size & Forecast 2020-2030, USD Million
  • Mass/Volume Balance - Market Size & Forecast 2020-2030, USD Million
  • Vapor Sensing - Market Size & Forecast 2020-2030, USD Million
  • Negative Pressure Wave - Market Size & Forecast 2020-2030, USD Million
  • Others (laser absorption lidar, etc.) - Market Size & Forecast 2020-2030, USD Million

By End Users

  • Oil & Gas Industry - Market Size & Forecast 2020-2030, USD Million
  • Chemical Plants - Market Size & Forecast 2020-2030, USD Million
  • Water Treatment Plants - Market Size & Forecast 2020-2030, USD Million
  • Power Plants - Market Size & Forecast 2020-2030, USD Million
  • Mining & Slurry - Market Size & Forecast 2020-2030, USD Million
  • Commercial - Market Size & Forecast 2020-2030, USD Million
  • Residential - Market Size & Forecast 2020-2030, USD Million
  • Others - Market Size & Forecast 2020-2030, USD Million

The oil and gas sector remains the most significant contributor to the Middle East & Africa Leak Detection Market, accounting for around 50% of the market share.

Geographical Growth Insights:

By Region

  • Saudi Arabia
  • Qatar
  • The UAE
  • Egypt
  • Nigeria
  • South Africa
  • Rest of the Middle East & Africa

Saudi Arabia holds the highest share of 40% in the Middle East & Africa Leak Detection Market, due to its massive oil and gas production plants and widespread pipelines across the country.

MarkNtel Advisors Highlights Key Market Drivers for Middle East & Africa Leak Detection Market:

Increasing Oil & Gas Pipeline Leak Threat – The Middle East & Africa which includes countries like Saudi Arabia, UAE, Qatar, and Egypt, has strategic importance in the global energy market. The oil and gas pipelines in the Middle East & Africa account for about 6% of the total global pipeline network amounting to more than 43,800 miles according to the Global Energy Monitor. These extensive pipelines augment the region's massive oil & gas production capabilities. This results in the region’s annual production of around 12 billion barrels of oil equivalent (boe) of oil and 33 trillion cubic feet of natural gas in 2023.  Preventing leaks in these critical facilities becomes very important as this will result in financial losses and environmental damage through oil spillages.

As per P&G Journal, in 2024, an additional 22,563 miles of new pipelines are either under construction or in the planning stage, in the Middle East and Africa. The extension of these coupled with the replacement and upgradation of existing pipelines highlights the existence of healthy demand and growth for the market in the region.

A Comprehensive Analysis of Leading Companies in Middle East & Africa Leak Detection Market

  • ABB
  • Honeywell
  • Industrial Scientific
  • Teledyne FLIR LLC
  • AVEVA Group
  • Inficon
  • Xylem
  • Atmos International
  • LeakDtech
  • MSA Safety
  • Luna OptaSense
  • Others (OmniLeaks, Bureau Veritas, etc)
  • Others

Explore More About This Research Report @ https://www.marknteladvisors.com/research-library/mea-leak-detection-market.html

Middle East & Africa Leak Detection Market Recent Development:

  • January 2023: Xylem partnered with Idrica to provide the latest acoustic technology for detecting leaks in the water distribution networks of Qatar.

What are the growth Challenge driving the Middle East & Africa Leak Detection Market?

Negligence and Lack of Technological Acceptance Towards the Leaks in the Region – One of the key challenges in the Middle East & Africa Leak Detection Market is the reluctance to adopt advanced leak detection technologies due to cost and operational considerations. Companies often find it more convenient to patch and plug leaks after they are identified, as the initial installation of leak detection systems is expensive, and ongoing maintenance and upgrades add to the recurring costs. These scenarios build the reluctance to dispatch substantial investments in the leak detection system or defer them to the foreseeable future when cheaper and better technology will be available. These developments restrain the expansion of the market in the region.

“Report Delivery Format: Market research reports from MarkNtel Advisors are available in PDF, Excel, and PowerPoint formats. Once payment is successfully processed, the report will be delivered to your email address within 24 hours”

Note: If you need additional information not included in the report, we can customize it to suit your requirements.

Contact Our Analysts for Brochure Requests, Customization, or Any Pre-Purchase Inquiries: https://www.marknteladvisors.com/query/request-customization/mea-leak-detection-market.html

About Us –

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

More Research Studies: 

  • Magnesium Alloys in Automotive Market size was valued at around USD2Billion in 2024 and is projected to reach USD 4.3 Billion by 2030 with a CAGR of around 12%.
  • Electrophysiology (EP) Devices Market size was valued at around USD 12Billion in 2024 & is projected to reach USD 24 Billion by 2030 with a CAGR of 12%.
  • De-Icing and Anti-Icing Pumps Market size is valued at around USD 617million in 2024 & is estimated to reach around USD53 million in 2030. with a CAGR of around 6.22%.

Media Contact:

Company Name: MarkNtel Advisors

Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India

Emailsales@marknteladvisors.com

Phone: +1 628 895 8081, +91 120 4278433

Websitewww.marknteladvisors.com/

Like
4
Search
Categories
Read More
Film
[-Viral-]Sara Ktk Original Viral Link Leaked on Social Media Trending X Telegram spk
🌐 CLICK HERE 🟢==►► WATCH NOW 🔴 CLICK HERE 🌐==►► Download Now...
By Vuugop Vuugop 2025-02-27 16:00:36 0 259
Other
비트코인카지노
비트코인카지노 비트코인카지노 완벽 가이드: 안전한 선택과 최고의 사이트 추천 온라인카지노의 세계는 빠르게 변화하고 있으며,...
By King Seven 2025-01-15 03:14:19 0 504