AMA recognizes the following companies as the key players who are driving Leak Detection and Repair (LDAR) market, some of them are ABB Ltd. (Switzerland), Advisian (Australia), AECOM (United States), Avitas Systems (United States), Ball Aerospace & Technologies Corp. (United States), Boreal Laser Inc. (Canada), Guideware Systems, LLC. (United States), Heath Consultants (United States), Kairos Aerospace (United States) and LI-COR, Inc. (United States).
An analyst from AdvanceMarketAnalytics team said: One of the key factors which is trending the market is Oil and gas companies are planning to incorporate gas leak detection systems as part of their digital transformation strategies and Governments are collaborating with private firms, academic institutions, and universities to build highly sensitive low-cost gas leak detection. Considering the revolutionary changes occurring in this market, there is a growing demand from the use of Leak Detection and Repair (LDAR) such as Handheld Gas Detectors, Manned Aircraft Detectors, UAV-Based Detectors and Vehicle-based Detectors.
According to the report, some of the important driving forces behind the market growth are Rise in oil and gas production and exploration at a fast pace globally
. The primary concern of any business is the reduction of the overall operating cost. The increased need for operating efficiency and meeting regulatory demands at the same time have become major challenges for the original Players, additional restraints impacting market are Retrofitting complications related to some leak detection systems
which is continuously seeking attention of Industry Experts and Decision makers.
The study was conducted using primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market study and vendor landscape in addition to a SWOT analysis of the key Players.
Available Customization: List of players that can be included in the study on immediate basis are Bridger Photonics, Inc. (United States), Chicago Bridge & Iron Company N.V. (United States), ENCOS, Inc. (United States), ERM Group, Inc. (United Kingdom), Gas Ops Leak Detectives, LLC (G.O.L.D. LLC). (United States) and GHD, Inc. (Australia).