The intelligent pigging market for metal loss/corrosion detection application is expected to grow at highest CAGR during forecast period. Pipe corrosion can damage quality of substance that is carried, & it can result in stained fixtures & potential odors; hence, intelligent pigging will be in demand for detection of pipeline corrosion.
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1 Intelligent Pigging Market Opportunities (2018–2023)
2 Intelligent Pigging Market in North America, By Technology (2018–2023)
3 Intelligent Pigging Market in Europe, By Application
4 Intelligent Pigging Market in APAC, By Technology and Country
5 Intelligent Pigging Market for Gas Pipelines, By Region
2 Market Ranking Analysis: Intelligent Pigging Market
The intelligent pigging market is estimated to grow from USD 570.8 million in 2018 to USD 717.9 million by 2023, at a CAGR of 4.69% between 2018 and 2023. Government mandates and regulations for pipeline inspection and concern about the safety of pipelines and energy infrastructure drive the growth of the intelligent pigging market. Unpiggable pipelines render intelligent pigging cumbersome is restraining the market growth.
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The Intelligent Pigging market research report covers different segments—technology, application, pipeline type, and geography. Market has been segmented on the basis of technology into magnetic flux leakage, ultrasonic, and caliper. Intelligent pigging market has been segmented on the basis of application into metal loss/corrosion detection, geometry and bend detection, and crack detection.
Key Target Audience of the Report:
- Suppliers of gas analyzers
- Suppliers and system integrators of emission monitoring systems
- Associations, organizations, forums, and alliances related to environment protection
- Component manufacturers
- Distributors and traders
- Original equipment manufacturers
- Process industries such as oil & gas, power generation, and chemicals
- Research organizations and consulting companies
- Technology investors
- Technology solution providers
North America is expected to hold largest intelligent pigging market share by 2023. Intelligent pigging market for oil & gas industry is expected to have potential opportunities in this region. North America region has some major players from oil & gas industry & prominent users of inline inspection services for intelligent pigging. Natural gas and petroleum are 2 biggest sources of energy in US. North America is investing significantly in oil and gas pipeline projects to fulfill the growing demand for oil & gas.
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The company has wide geographical presence and strong product and service portfolio in the intelligent pigging market. Other significant players are ROSEN Group (Germany), T.D. Williamson (US), Onstream Pipeline Inspection (Canada), NDT Global (Ireland), Enduro Pipeline Services (US), Intertek Group (UK), Dacon Inspection Services (Thailand), LIN SCAN (UAE), and Applus (Spain).
Key Benefits of Buying the Report:
- Illustrative segmentation, analysis, and forecast for the market based on technology, application, pipeline type, and geography have been conducted to give an overall view of the intelligent pigging market.
- Major drivers, restraints, opportunities, and challenges pertaining to the intelligent pigging market have been detailed in this report.
- The report includes a detailed competitive landscape, along with key players, in-depth analysis, and revenue of key players.
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