The ultrasonic technology segment is estimated to dominate the market in 2019; however, magnetic flux leakage technology is projected to be the fastest-growing technology in the next ten years. The growth in demand for ultrasonic technology in the pipeline monitoring system sector is on account of its preference by many oil & gas companies to detect small and large leakages. This technology is mostly used for leak detection in pipeline monitoring systems, as it provides early detection ... Read more
