Global Leak Detection and Repair (LDAR) Market Growth (Status and Outlook) 2023-2029

Global Leak Detection and Repair (LDAR) Market Growth (Status and Outlook) 2023-2029

LDAR (Leak Detection and Repair) regulations were implemented by the United States Environmental Protection Agency (USEPA) over 35 years ago to control “fugitive emissions” (uncontrolled emissions) from regulated sources in order to protect human health and the environment from harmful pollutants released by industry and mobile sources. An LDAR program is the system of procedures a facility utilizes to locate and repair leaking components, including valves, pumps, connectors, compressors, and agitators, in order to minimize the emission of fugitive volatile organic compounds (VOCs) and hazardous air pollutants (HAPs).
LPI (LP Information)' newest research report, the “Leak Detection and Repair (LDAR) Industry Forecast” looks at past sales and reviews total world Leak Detection and Repair (LDAR) sales in 2022, providing a comprehensive analysis by region and market sector of projected Leak Detection and Repair (LDAR) sales for 2023 through 2029. With Leak Detection and Repair (LDAR) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Leak Detection and Repair (LDAR) industry.
This Insight Report provides a comprehensive analysis of the global Leak Detection and Repair (LDAR) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Leak Detection and Repair (LDAR) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Leak Detection and Repair (LDAR) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Leak Detection and Repair (LDAR) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Leak Detection and Repair (LDAR).
The global Leak Detection and Repair (LDAR) market size is projected to grow from US$ 18420 million in 2022 to US$ 28500 million in 2029; it is expected to grow at a CAGR of 6.4% from 2023 to 2029.
The key players of Leak Detection and Repair (LDAR) include SGS S.A., GHD, Team Inc, etc. The top three players of Leak Detection and Repair (LDAR) account for approximately 10% of the total market. North America is the largest market of Leak Detection and Repair (LDAR) accounting for about 40%, followed by Europe and Asia-Pacific. In terms of Type, Portable Analyzer is the largest segment, with a share about 38%. And in terms of Application, the largest application is Oil and Gas Production Facilities, followed by Petroleum Refineries.
This report presents a comprehensive overview, market shares, and growth opportunities of Leak Detection and Repair (LDAR) market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Portable Analyzer
Optical Gas Imaging
Laser Absorption Spectroscopy
Ambient/Mobile Leak Monitoring
Acoustic Leak Detector
Others
Segmentation by application
Oil And Gas Production Facilities
Chemical and Pharmaceutical Plants
Petroleum Refineries
Other Industries
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
SGS S.A.
GHD
Team Inc.
HydroChemPSC
ERM
Heath Consultants
CB&I
Apex Companies
Montrose Environmental
Think Environmental
Bureau Veritas
Emission Monitoring Service (EMSI)
SCS Engineers
Trihydro
Honeywell
PrecisionHawk
ENCOS Inc.
The Sniffers
CGRS, Inc.
HY-BON Engineering (Cimarron)

Please note: The report will take approximately 2 business days to prepare and deliver.