Jul 25, 2017   SOURCE: BusinessWire

Top 3 Trends Impacting the Global Ultrasonic Gas Leak Detectors Market Through 2021: Technavio

Technavio’s latest market research report on the global ultrasonic gas leak detectors market provides an analysis of the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170725005627/en/

Technavio has published a new report on the global ultrasonic gas leak detectors market from 2017-20 ...

Technavio has published a new report on the global ultrasonic gas leak detectors market from 2017-2021. (Graphic: Business Wire)

The key user of ultrasonic gas leak detectors is the oil and gas industry. These gas detectors are used in upstream, midstream, and downstream activities in the oil and gas industry. The growth in certain activities in the midstream sector, such as the expansion of natural gas pipelines will positively impact the market for ultrasonic gas leak detectors.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

The top three emerging market trends driving the global ultrasonic gas leak detectors market according to Technavio research analysts are:

  • Increasing smart oil and gas fields
  • Increase in coverage area
  • Rising application of ultrasonic gas leak detectors in HVAC/R industries

Looking for more information on this market? Request a free sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Increasing smart oil and gas fields

Oil and gas fields are scattered and are present in remote locations, with tough terrain conditions. Many oil and gas companies find it difficult to transfer instructions and information about the oil fields in such areas and require a single command center for controlling and monitoring all fields.

“This need for integration and sharing of real-time information and monitoring of various oil and gas fields has created the concept of smart oil and gas fields. Several oil and gas companies are trying to convert their existing fields into smart fields. The increased conversion of oil fields into smart oil fields will act as a growth driver for the adoption of ultrasonic gas leak detectors during the forecast period,” says Neelesh Prakash Singh, a lead analyst at Technavio for power research.

Increase in coverage area

Ultrasonic gas leak detectors use sensors to detect any form of gas leak. These detectors use acoustics technology to detect changes in noise within an environment. The gas leak creates ultrasonic sounds that are inaudible to the human ear. However, they can be detected by ultrasonic gas leak detectors. Ultrasonic gas leak detectors need not encounter the gas cloud to create an alarm of a gas leak.

Ultrasonic gas leak detectors have a range of detection radiuses, which can detect a gas leak. The radius varies from product to product. However, the higher the detection radius range, more effective is the ultrasonic gas leak detector. Also, fewer detectors are placed within a facility for the detection of gas leaks if the radius range is high. Therefore, a current trend followed by vendors in the market is to increase the detection radius of products. The wider the coverage area, the better the detection of gas leaks.

Rising application of ultrasonic gas leak detectors in HVAC/R industries

Ultrasonic gas leak detectors are increasingly adopted in HVAC/R industries. This is due to their versatility in leak detection and other applications. HVAC/R equipment face the challenge of refrigerant leaks. With the adoption of ultrasonic gas leak detectors, gas leaks are identified, and necessary measures are taken on time.

“Ultrasonic gas leak detectors work around acoustics and detect the sound of gas leaks, including a vacuum leak in an HVAC/R equipment. It also helps in testing steam traps, ductwork, bearings, and refrigerator/freezer door gaskets. Ultrasonic gas leak detectors can sense the sound of a vacuum leak as air rushes into the system. Ultrasonic is the only method that can detect pressure and vacuum leaks at the same time,” says Neelesh.

Browse Related Reports:

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.