The International Leak Detection and Repair (LDAR) market size was xxx million USD with a CAGR xx % from 2015- 2019. It will stretch to xxx million USD in 2020 with a CAGR of xx % from 2020 to 2025.
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).
Stringent government regulations and policies and increasing awareness regarding harmful effects of greenhouse gases on environment are expected to be the major drivers for the growth of the market.
As the report focuses on global Leak Detection and Repair (LDAR) market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
In market segmentation by manufacturers, the report covers the following companies-
GHD Group
Heath Consultants
Chicago Bridge & Iron Company
ERM Group, Inc.
Guardian Compliance
IBM Thomas J. Watson Research Center
Bridger Photonics, Inc.
Duke University
LI-COR, Inc.
Colorado State University
Palo Alto Research Center
Maxion Technologies Inc.
Rebellion Photonics
Physical Sciences Inc.
Avitas Systems
PrecisionHawk
SeekOps, Inc.
Advisian
Gas Ops Leak Detectives, LLC (G.O.L.D. LLC).
Guideware Systems, LLC.
Summit Inspections Services, Inc.
ABB Ltd.
Team Inc.
ENCOS, Inc.
In market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In market segmentation by types covers:
Handheld Gas Detectors
UAV-Based Detectors
Manned Aircraft Detectors
In market segmentation by applications :
Volatile Organic Compounds (VOC) Analyzer
Optical Gas Imaging (OGI)
Laser Absorption Spectroscopy
Ambient/Mobile Leak Monitoring
Acoustic Leak Detection
Audio-Visual-Olfactory Inspection
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Leak Detection and Repair (LDAR) market for the forecast period 2020 - 2025?
• What are the driving forces in the Leak Detection and Repair (LDAR) market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Leak Detection and Repair (LDAR) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?