Market Overview:
The global pipeline pigging systems market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for oil and gas, chemicals, construction, and other applications across the globe. In addition, the growing awareness about pipeline safety is also propelling the growth of this market. The ultrasonic pigging (UT) segment is expected to dominate the global pipeline pigging systems market during the forecast period. This segment is projected to grow at a CAGR of 6% from 2018 to 2030.
Product Definition:
A pipeline pig is a device that travels through a pipeline to clean or inspect the pipe's interior. Pipeline pigs are also known as "pipeline cleaning pigs" or "pipeline inspection pigs".
Ultrasonic Pigging(UT):
Ultrasonic pigging is a process of using high frequency sound waves to remove the unwanted objects from the pipeline. The concept was originated in Japan and patented by Seiko Epson in May, 1980. Since then, it has been used extensively around the world for various applications such as oil & gas and water & wastewater treatment industries.
Magnetic Flux Leakage(MFL):
Magnetic flux leakage (MFL) is the term used for describing the situation where a magnetic field created by an electric current in a pipeline causes equipment to malfunction or operate inefficiently. It can cause welds to become weak and break down pipelines, which could result in significant damage to oil & gas resources.
Application Insights:
The oil & gas segment accounted for the largest market share in 2017 and is projected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for pipeline pigging systems in onshore and offshore oil & gas operations across the globe.
Pigging services are essential in onshore oil & gas operations as they help operators identify potential problems with pipelines early so that they can be repaired before any leakage or damage occurs. In addition, growing investments by various companies operating across multiple regions are expected to drive product demand over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position over the forecast period. This can be attributed to increasing investments and technological advancements in pipeline inspection technologies across U.S., Canada, and Mexico.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rapid development of oil & gas, chemicals, power generation sectors across countries such as China, India, Indonesia among others which are majorly importing petroleum products for their energy requirements from North America and Europe respectively. Increasing demand for crude oil products coupled with growing need for efficient transportation system will drive this regional market at a CAGR of XX% from 2018 to 2030 ending at a valuation of USD X billion by 2030 ending at a valuation exceeding USD X trillion mark thereby making it one of the fastest-growing regions globally during the forecast period’s reference year 2020 CE (year ending 2019).
Growth Factors:
- Increasing demand for oil and gas due to population growth and industrialization
- Rising investment in oil and gas infrastructure
- Proliferation of new pipeline pigging technologies
- Stringent regulations for pipeline safety
- Growing demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Pipeline Pigging Systems Market Research Report
By Type
Ultrasonic Pigging(UT), Magnetic Flux Leakage(MFL), Other
By Application
Oil & Gas, Chemicals, Construction, Other
By Companies
P Services GmbH & Co KG, GE(Baker Hughes), Pigtek Ltd, Dacon Inspection Services, PLL Pipeline Solutions, LIN SCAN, NDT Global Corporate Limited, Aubin Group, CIRCOR Energy, Diamond Edge Services, P Services GmbH & Co KG, Enduro Pipeline Services, GeoCorr, T.D. Williamson, Pigs Unlimited International, OMV Aktiengesellschaft
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
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Pipeline Pigging Systems Market Report Segments:
The global Pipeline Pigging Systems market is segmented on the basis of:
Types
Ultrasonic Pigging(UT), Magnetic Flux Leakage(MFL), Other
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 & Gas, Chemicals, Construction, Other
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:
- P Services GmbH & Co KG
- GE(Baker Hughes)
- Pigtek Ltd
- Dacon Inspection Services
- PLL Pipeline Solutions
- LIN SCAN
- NDT Global Corporate Limited
- Aubin Group
- CIRCOR Energy
- Diamond Edge Services
- P Services GmbH & Co KG
- Enduro Pipeline Services
- GeoCorr
- T.D. Williamson
- Pigs Unlimited International
- OMV Aktiengesellschaft
Highlights of The Pipeline Pigging Systems 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:
- Ultrasonic Pigging(UT)
- Magnetic Flux Leakage(MFL)
- Other
- By Application:
- Oil & Gas
- Chemicals
- Construction
- Other
- 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 Pipeline Pigging Systems 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?
Pipeline pigging systems are a type of water management system that use pigs to help clean up wastewater. The pigs eat the food waste and other debris that is in the wastewater, and this helps to clean it up.
Some of the major companies in the pipeline pigging systems market are P Services GmbH & Co KG, GE(Baker Hughes), Pigtek Ltd, Dacon Inspection Services, PLL Pipeline Solutions, LIN SCAN, NDT Global Corporate Limited, Aubin Group, CIRCOR Energy, Diamond Edge Services, P Services GmbH & Co KG, Enduro Pipeline Services, GeoCorr, T.D. Williamson, Pigs Unlimited International, OMV Aktiengesellschaft.
The pipeline pigging systems market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pipeline Pigging Systems 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 Pipeline Pigging Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pipeline Pigging Systems 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 Pipeline Pigging Systems 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 Pipeline Pigging Systems Market Size & Forecast, 2020-2028
4.5.1 Pipeline Pigging Systems Market Size and Y-o-Y Growth
4.5.2 Pipeline Pigging Systems Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Ultrasonic Pigging(UT)
5.2.2 Magnetic Flux Leakage(MFL)
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Oil & Gas
6.2.2 Chemicals
6.2.3 Construction
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pipeline Pigging Systems 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 Pipeline Pigging Systems 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Ultrasonic Pigging(UT)
9.6.2 Magnetic Flux Leakage(MFL)
9.6.3 Other
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 Market Size Forecast by Applications
9.10.1 Oil & Gas
9.10.2 Chemicals
9.10.3 Construction
9.10.4 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Ultrasonic Pigging(UT)
10.6.2 Magnetic Flux Leakage(MFL)
10.6.3 Other
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 Market Size Forecast by Applications
10.10.1 Oil & Gas
10.10.2 Chemicals
10.10.3 Construction
10.10.4 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Ultrasonic Pigging(UT)
11.6.2 Magnetic Flux Leakage(MFL)
11.6.3 Other
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 Market Size Forecast by Applications
11.10.1 Oil & Gas
11.10.2 Chemicals
11.10.3 Construction
11.10.4 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Ultrasonic Pigging(UT)
12.6.2 Magnetic Flux Leakage(MFL)
12.6.3 Other
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 Market Size Forecast by Applications
12.10.1 Oil & Gas
12.10.2 Chemicals
12.10.3 Construction
12.10.4 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Ultrasonic Pigging(UT)
13.6.2 Magnetic Flux Leakage(MFL)
13.6.3 Other
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) Market Size Forecast by Applications
13.10.1 Oil & Gas
13.10.2 Chemicals
13.10.3 Construction
13.10.4 Other
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 Pipeline Pigging Systems Market: Competitive Dashboard
14.2 Global Pipeline Pigging Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 P Services GmbH & Co KG
14.3.2 GE(Baker Hughes)
14.3.3 Pigtek Ltd
14.3.4 Dacon Inspection Services
14.3.5 PLL Pipeline Solutions
14.3.6 LIN SCAN
14.3.7 NDT Global Corporate Limited
14.3.8 Aubin Group
14.3.9 CIRCOR Energy
14.3.10 Diamond Edge Services
14.3.11 P Services GmbH & Co KG
14.3.12 Enduro Pipeline Services
14.3.13 GeoCorr
14.3.14 T.D. Williamson
14.3.15 Pigs Unlimited International
14.3.16 OMV Aktiengesellschaft
