Market Overview:
The Global Intelligent Pipeline Pigging Service Market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for oil and gas products, rising concerns over pipeline safety, and the growing number of pipeline infrastructure projects across the globe. The market is segmented on the basis of type into magnetic flux leakage (MFL), ultrasonic test (UT), and others. MFL is expected to hold a major share in the market owing to its ability to detect leaks in pipelines accurately. UT is also anticipated to witness significant growth during the forecast period due its ability detect corrosion and other defects in pipelines quickly and accurately. On the basis of application, oil products are expected dominatethe global intelligent pigging service market followed by gas products duringthe forecast period from 2018-2030 . This can be attributedto th e high demand for oilandgasproducts across various regions worldwide .
Product Definition:
Intelligent Pipeline Pigging Service is a computer software service that helps in the inspection of oil and gas pipelines. It assists operators in making decisions about where to place pigs (devices used to clean and inspect pipelines) by providing information on the pipeline's condition. This allows for more efficient pigging operations, which can lead to decreased costs and improved safety.
Magnetic Flux Leakage (MFL):
Magnetic flux leakage (MFL) is the term used to define the situation where a magnetic field created by an electric current in a pipeline causes problems. The most common cause of MFL is when two or more currents are running in different pipelines and they try to recombine into one another.
Ultrasonic Test (UT):
Ultrasonic test (UT) is a non-destructive testing method used to measure the flow rate and the quality of liquid in a pipeline. Ultrasonic pigging service uses ultrasonic transducers to send high frequency sound waves into the liquids/fluids through pipelines for monitoring its flow rate and quality. UT is an important tool used by oil & gas companies for inspection, maintenance, repair, calibration & cleaning of their pipelines effectively reducing operating costs while improving productivity.
Application Insights:
The oil products application segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. The growth of this segment can be attributed to growing demand for crude oil from remote locations through pipelines.
Increasing investments by various governments in developing petroleum resources are expected to drive intelligent pigging services market growth over the forecast period. For instance, Saudi Arabia has announced plans to invest USD Yasir King Abdullah Fund for Development and Vision 2030 program will provide funding worth SAR1 trillion toward infrastructure development, which includes water supply, housing & urban development as well as transportation projects across Kingdom of Saudi Arabia (KSA). This investment is expected to increase production capacity from KSA which would result in increased requirement of pipeline pigs services across region.
The gas products application segment is poised witness significant growth during the study period owing to increasing use of natural gas liquids such as butane, propane.
Regional Analysis:
North America dominated the global intelligent pipeline pigging service market in 2017. The region is expected to maintain its position during the forecast period owing to increasing demand for automation and technological advancements in the oil & gas industry. Moreover, presence of major oil refineries across U.S., such as Chevron Phillips, ExxonMobil and Valero Energy Corporation will also drive growth over the next eight years.
Asia Pacific is anticipated to witness significant growth over a CAGR of XX% from 2018 to 2030 due to rising investments by various governments for developing natural resources including crude oil & gas, coal bed methane (CBM), shale gas.
Growth Factors:
- Increasing demand for oil and gas due to population growth and industrialization in developing countries
- Rising investment in upstream oil and gas sector
- Proliferation of smart grid technologies
- Stringent environmental regulations for pipeline operators
- Technological advancements in pigging services
Scope Of The Report
Report Attributes
Report Details
Report Title
Intelligent Pipeline Pigging Service Market Research Report
By Type
Magnetic Flux Leakage (MFL), Ultrasonic Test (UT), Others
By Application
Oil products, Gas products
By Companies
T.D. Williamson, Rosen, Baker Hughes(GE), NDT Global, 3P Services, Onstream, Enduro Pipeline Services, Dacon Inspection Services, Intertek, Entegra, Romstar
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Intelligent Pipeline Pigging Service Market Report Segments:
The global Intelligent Pipeline Pigging Service market is segmented on the basis of:
Types
Magnetic Flux Leakage (MFL), Ultrasonic Test (UT), Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil products, Gas products
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- T.D. Williamson
- Rosen
- Baker Hughes(GE)
- NDT Global
- 3P Services
- Onstream
- Enduro Pipeline Services
- Dacon Inspection Services
- Intertek
- Entegra
- Romstar
Highlights of The Intelligent Pipeline Pigging Service Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Magnetic Flux Leakage (MFL)
- Ultrasonic Test (UT)
- Others
- By Application:
- Oil products
- Gas products
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Intelligent Pipeline Pigging Service Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Intelligent Pipeline Pigging Service is a process that helps companies to piggyback on the data pipelines of other organizations in order to gain insights and speed up their own analysis.
Some of the major companies in the intelligent pipeline pigging service market are T.D. Williamson, Rosen, Baker Hughes(GE), NDT Global, 3P Services, Onstream, Enduro Pipeline Services, Dacon Inspection Services, Intertek, Entegra, Romstar.
The intelligent pipeline pigging service market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Intelligent Pipeline Pigging Service Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Intelligent Pipeline Pigging Service Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Intelligent Pipeline Pigging Service Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Intelligent Pipeline Pigging Service Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Intelligent Pipeline Pigging Service Market Size & Forecast, 2018-2028
4.5.1 Intelligent Pipeline Pigging Service Market Size and Y-o-Y Growth
4.5.2 Intelligent Pipeline Pigging Service Market Absolute $ Opportunity
Chapter 5 Global Intelligent Pipeline Pigging Service Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Intelligent Pipeline Pigging Service Market Size Forecast by Type
5.2.1 Magnetic Flux Leakage (MFL)
5.2.2 Ultrasonic Test (UT)
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Intelligent Pipeline Pigging Service Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Intelligent Pipeline Pigging Service Market Size Forecast by Applications
6.2.1 Oil products
6.2.2 Gas products
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Intelligent Pipeline Pigging Service Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Intelligent Pipeline Pigging Service Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Intelligent Pipeline Pigging Service Analysis and Forecast
9.1 Introduction
9.2 North America Intelligent Pipeline Pigging Service Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Intelligent Pipeline Pigging Service Market Size Forecast by Type
9.6.1 Magnetic Flux Leakage (MFL)
9.6.2 Ultrasonic Test (UT)
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Intelligent Pipeline Pigging Service Market Size Forecast by Applications
9.10.1 Oil products
9.10.2 Gas products
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Intelligent Pipeline Pigging Service Analysis and Forecast
10.1 Introduction
10.2 Europe Intelligent Pipeline Pigging Service Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Intelligent Pipeline Pigging Service Market Size Forecast by Type
10.6.1 Magnetic Flux Leakage (MFL)
10.6.2 Ultrasonic Test (UT)
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Intelligent Pipeline Pigging Service Market Size Forecast by Applications
10.10.1 Oil products
10.10.2 Gas products
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Intelligent Pipeline Pigging Service Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Intelligent Pipeline Pigging Service Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Intelligent Pipeline Pigging Service Market Size Forecast by Type
11.6.1 Magnetic Flux Leakage (MFL)
11.6.2 Ultrasonic Test (UT)
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Intelligent Pipeline Pigging Service Market Size Forecast by Applications
11.10.1 Oil products
11.10.2 Gas products
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Intelligent Pipeline Pigging Service Analysis and Forecast
12.1 Introduction
12.2 Latin America Intelligent Pipeline Pigging Service Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Intelligent Pipeline Pigging Service Market Size Forecast by Type
12.6.1 Magnetic Flux Leakage (MFL)
12.6.2 Ultrasonic Test (UT)
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Intelligent Pipeline Pigging Service Market Size Forecast by Applications
12.10.1 Oil products
12.10.2 Gas products
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Intelligent Pipeline Pigging Service Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Intelligent Pipeline Pigging Service Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Intelligent Pipeline Pigging Service Market Size Forecast by Type
13.6.1 Magnetic Flux Leakage (MFL)
13.6.2 Ultrasonic Test (UT)
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Intelligent Pipeline Pigging Service Market Size Forecast by Applications
13.10.1 Oil products
13.10.2 Gas products
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Intelligent Pipeline Pigging Service Market: Competitive Dashboard
14.2 Global Intelligent Pipeline Pigging Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 T.D. Williamson
14.3.2 Rosen
14.3.3 Baker Hughes(GE)
14.3.4 NDT Global
14.3.5 3P Services
14.3.6 Onstream
14.3.7 Enduro Pipeline Services
14.3.8 Dacon Inspection Services
14.3.9 Intertek
14.3.10 Entegra
14.3.11 Romstar
