PUBLISHER: Grand View Research | PRODUCT CODE: 1908126
PUBLISHER: Grand View Research | PRODUCT CODE: 1908126
The global leak detection and repair market size was estimated at USD 22.24 billion in 2025 and is projected to reach USD 32.22 billion by 2033, growing at a CAGR of 4.8% from 2026 to 2033. The growing demand for LDAR systems among utility companies worldwide, owing to their benefits such as cost-saving, safety improvement, and environmental protection is a major driver behind the growth of the leak detection and repair market.
LDAR systems are widely used in petroleum, oil, and gas companies to make workplaces healthier by reducing the risk of accidents caused due to fire outbreaks and explosions. Increasing developments in petroleum and natural gas infrastructure worldwide are also anticipated to boost market's growth. LDAR solutions are used by natural gas and petroleum companies for detecting and locating leaks in petroleum and natural gas pipelines before they become a potential hazard. According to the U.S. Energy Information Administration's State-to-State Capacity Tracker, in 2022, collectively from five projects, interstate natural gas pipeline capacity of 897 million cubic feet per day was added in the U.S. These five projects include Florida Gas Transmission's Mobile County Project, Columbia Gulf Transmission's Louisiana XPress Project, Florida Gas Transmission's Southwest Alabama Project, Gulfstream Natural Gas's Gulfstream Phase VI Expansion Project, and ANR Pipeline Company's Wisconsin Access Project.
Several gas emission monitoring companies use machine learning and artificial intelligence to detect leaks in their infrastructure more efficiently. A machine learning algorithm identifies leaks and emission risks on the ground using satellite imagery. The data obtained from machine learning allows operators to identify trends and patterns over time, thereby helping them make data-driven decisions. As a result, various oil & gas companies are trying to replace their traditional leak detection and repair systems with technologically enhanced LDAR systems.
Various key companies are focused on developing handheld LDAR systems, creating new opportunities for market growth. For instance, in October 2023, GasDog.com, a gas detection equipment and services provider, announced the launch of its latest products - toxic gas detectors and combustible gas detectors. These detectors were designed to transform gas safety measures, providing industries and individuals with cutting-edge technology to monitor and detect gas emissions effectively. These are portable or handheld detectors that provide accurate and reliable gas detection and monitoring for safety in various environments.
However, the increasing focus of governments on the development of renewable energy generation projects is expected to hinder market growth. For instance, in November 2022, the UK government announced that it was investing about USD 82.5 million to help speed up the development of new green technologies. On the other side, high cost of gas detection systems is other factor that could hamper the market's growth. Though gas leak detection equipment provides benefits such as increased occupational safety and comfort, the cost of monitoring multiple gases and replacing sensors can be expensive. For organizations that require the detection of one or two gases, the total cost of ownership for equipment, maintenance, and replacement of parts can prove to be quite costly.
Global Leak Detection and Repair Market Report Segmentation
The report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global leak detection and repair market based on component, product, technology, and region: