Intelligent Pipeline Pigging market is expected to grow from US$ US$ 494.4 Mn in 2017 to US$ 781.3 Mn by 2025 at a CAGR of 5.3% between 2017 and 2025.
The Intelligent Pipeline Pigging Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.
Abundant availability of LNG and gradual extinction of fossil fuels due to their unregulated use have fuelled up the demands for LNG globally. Researchers have been looking towards such renewable sources of energy to completely replace the existing use of non-renewable sources. Abundance of LNG makes it one of the ideal sources to be supplied and distributed. More than half of the pipeline infrastructures present globally are being used for the supply and distribution of LNG. The demand for LNG as a source for energy generation has grown considerably in countries across the globe, and is being exported all over the world from the gulf countries and US, via pipelines laid down. As these pipelines transport LNG, pipe health monitoring becomes very critical, and thus operators use pigging products and services.
These pipelines become vulnerable to degradation after being used over a period of time, since most of the times they carry highly corrosive substances. Smart pig devices are capable of carrying out advanced inspection activities in addition to the traditional activity of cleaning. The evolution of ILI help operators in maximizing the utilization of process, by aggregating the reliability of non-destructive testing. Apart from this, in order to guarantee safety, the pipeline agencies as well as various regulatory bodies have adopted smart inspection tools. While the pigging sector has made enormous steps in quality inspection technology, it still faces numerous challenges.
1. 3P Services GmbH & Co KG
2. A.Hak Industrial Services B.V.
3. Aubin Group
4. Baker Hughes Incorporated
5. Enduro Pipeline Services, Inc.
6. Jamison Products LP
7. NDT Global GmbH & Co. KG
8. Pigs Unlimited International Inc.
9. Pigtek Ltd
10. PII Pipeline Solutions
The overall Intelligent Pipeline Pigging market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the Intelligent Pipeline Pigging market.
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