Global Leak Detection Market Estimated to Reach US$ 1373.7 Mn by 2021, Due to Increasing Number of Leakages Caused in Wells
The demand for cleaner emissions by government and environmental organizations has made the oil & gas companies to invest more in equipment's which are reliable yet costly. There are few challenges with the current leak detection technology, which hide the efforts of oil & gas companies that are trying to effectively mitigate leakage. The primary challenge with the current technology is that it should have the capacity to perform identification, quantification, localization and classification. However, this has led to low...
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