Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Ultrasonic Pipeline Monitoring System Market by Type (Ductile Iron Pipe, Stainless Steel Pipe, Aluminum Pipe, Plastic Pipe, Glass Pipe, Others), By Application (Leak Detection, Operating Condition, Pipeline Break Detection, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Ultrasonic Pipeline Monitoring System Market by Type (Ductile Iron Pipe, Stainless Steel Pipe, Aluminum Pipe, Plastic Pipe, Glass Pipe, Others), By Application (Leak Detection, Operating Condition, Pipeline Break Detection, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 310870 4200 Machinery & Equipment 377 162 Pages 4.9 (42)
                                          

Market Overview:


Ultrasonic pipeline monitoring system is a technology that uses ultrasonic waves to detect and monitor the condition of pipelines. Ultrasonic waves are sound waves with frequencies higher than the upper limit of human hearing. These waves can travel through air, water, and other materials. When an ultrasonic wave encounters an object, part of the wave is reflected back to the source and part is transmitted through the object. The time it takes for a wave to travel from the source to the object and back can be used to calculate distance. The global ultrasonic pipeline monitoring system market was valued at US$ 927 Mn in 2017 and is projected to reach US$ 2,023 Mn by 2030 at a CAGR of 10%. The growth in this market can be attributed various factors such as aging infrastructure, increasing incidents of oil spills & leaks, stringent government regulations for safety & security purposes etc.


Global Ultrasonic Pipeline Monitoring System Industry Outlook


Product Definition:


Ultrasonic pipeline monitoring system is a system that is used to monitor pipelines for defects. This system uses ultrasonic waves to detect any abnormalities in the pipeline. The importance of this system is that it can help identify any defects in the pipeline which could lead to a rupture or leak.


Ductile Iron Pipe:


Ductile iron pipe is a kind of cast iron piping system, which consists of two metal sheets joined by a plastic or rubber hose. The inner sheet is made from ductile iron and the outer one from low-alloy steel. It offers several advantages over traditional copper piping systems such as high corrosion resistance, flexibility in terms of bend radius, higher strength and easier installation.


Stainless Steel Pipe:


Stainless steel pipe is a type of medical tubing made from highly corrosion-resistant and durable material. It consists of two layers; the inner layer is made from high carbon chromium stainless steel while the outer layer is made from low carbon chromium stainless steel. The combination of these metals gives an excellent resistance to corrosion and provides flexibility, strength, formability, weldability & durability to the product.


Application Insights:


Based on application, the market is segmented into leak detection, operating condition, pipeline break detection and others. The operating condition segment dominated the overall industry in terms of revenue in 2017. This is attributed to growing demand for oil & gas from emerging economies such as China and India. In addition, factors such as increasing production rates coupled with an increase in drilling activities are expected to drive the growth of this segment over the forecast period.


The other applications include corrosion monitoring and inspection services provided by ultrasonic testing equipment for various industries including chemical manufacturing and power generation among others. Growing demand for energy resources coupled with a rise in industrialization has led to an increased number of inspections carried out across several infrastructure sectors globally which further supports its dominance over other segments during recent years.


Regional Analysis:


Asia Pacific region is anticipated to witness the highest CAGR of XX% over the forecast period, owing to rapid infrastructural development in emerging economies such as China and India. In addition, increasing demand for energy across these countries has led to an increase in pipeline construction activities, which will drive the market further.


The Asia Pacific region was followed by Europe with a revenue share of approximately 26% in 2017 due to high investments made by governments for developing smart cities coupled with growing demand for advanced technologies across various industries such as oil & gas and water management sector.


Growth Factors:


  • Increasing demand for energy is one of the primary growth drivers for ultrasonic pipeline monitoring system market. Ultrasonic technology helps in detecting and locating any defects or anomalies in pipelines, which can help operators take necessary actions to prevent any accidents or mishaps.
  • The increasing popularity of ultrasonic pipeline monitoring systems among various end-use industries is another key factor driving the market growth. These systems are being increasingly used by oil & gas, water utilities, and other process industries owing to their ability to detect even the smallest defects in pipelines quickly and accurately.
  • Stringent safety norms across various regions are also propelling the demand for ultrasonic pipeline monitoring systems as these systems help operators adhere to safety regulations effectively. For instance, ASME B31G Code requires regular inspection of pipelines using ultrasound technology for effective risk management and prevention of accidents caused due to faulty pipelines infrastructure .

Scope Of The Report

Report Attributes

Report Details

Report Title

Ultrasonic Pipeline Monitoring System Market Research Report

By Type

Ductile Iron Pipe, Stainless Steel Pipe, Aluminum Pipe, Plastic Pipe, Glass Pipe, Others

By Application

Leak Detection, Operating Condition, Pipeline Break Detection, Others

By Companies

Siemens AG (Germany), Honeywell International Inc. (US), Perma Pipes (US), Transcanada (Canada), PSI AG (Germany), Orbcomm Inc. (US), Siemens AG (Germany)

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

162

Number of Tables & Figures

114

Customization Available

Yes, the report can be customized as per your need.


Global Ultrasonic Pipeline Monitoring System Market Report Segments:

The global Ultrasonic Pipeline Monitoring System market is segmented on the basis of:

Types

Ductile Iron Pipe, Stainless Steel Pipe, Aluminum Pipe, Plastic Pipe, Glass Pipe, 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

Leak Detection, Operating Condition, Pipeline Break Detection, Others

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:

  1. Siemens AG (Germany)
  2. Honeywell International Inc. (US)
  3. Perma Pipes (US)
  4. Transcanada (Canada)
  5. PSI AG (Germany)
  6. Orbcomm Inc. (US)
  7. Siemens AG (Germany)

Global Ultrasonic Pipeline Monitoring System Market Overview


Highlights of The Ultrasonic Pipeline Monitoring System Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Ductile Iron Pipe
    2. Stainless Steel Pipe
    3. Aluminum Pipe
    4. Plastic Pipe
    5. Glass Pipe
    6. Others
  1. By Application:

    1. Leak Detection
    2. Operating Condition
    3. Pipeline Break Detection
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Ultrasonic Pipeline Monitoring System 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.

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Global Ultrasonic Pipeline Monitoring System Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


An Ultrasonic Pipeline Monitoring System (UPMS) is a technology that uses ultrasound to detect the presence of liquid or gas in pipelines. The system can be used to monitor the integrity of pipelines, and can also be used to detect leaks.

Some of the major companies in the ultrasonic pipeline monitoring system market are Siemens AG (Germany), Honeywell International Inc. (US), Perma Pipes (US), Transcanada (Canada), PSI AG (Germany), Orbcomm Inc. (US), Siemens AG (Germany).

The ultrasonic pipeline monitoring system market is expected to register a CAGR of 10%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ultrasonic Pipeline Monitoring System 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 Ultrasonic Pipeline Monitoring System Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Ultrasonic Pipeline Monitoring System 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 Ultrasonic Pipeline Monitoring System 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 Ultrasonic Pipeline Monitoring System Market Size & Forecast, 2020-2028       4.5.1 Ultrasonic Pipeline Monitoring System Market Size and Y-o-Y Growth       4.5.2 Ultrasonic Pipeline Monitoring System 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 Ductile Iron Pipe
      5.2.2 Stainless Steel Pipe
      5.2.3 Aluminum Pipe
      5.2.4 Plastic Pipe
      5.2.5 Glass Pipe
      5.2.6 Others
   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 Leak Detection
      6.2.2 Operating Condition
      6.2.3 Pipeline Break Detection
      6.2.4 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Ultrasonic Pipeline Monitoring System 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 Ultrasonic Pipeline Monitoring System 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 Ductile Iron Pipe
      9.6.2 Stainless Steel Pipe
      9.6.3 Aluminum Pipe
      9.6.4 Plastic Pipe
      9.6.5 Glass Pipe
      9.6.6 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  Market Size Forecast by Applications
      9.10.1 Leak Detection
      9.10.2 Operating Condition
      9.10.3 Pipeline Break Detection
      9.10.4 Others
   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 Ductile Iron Pipe
      10.6.2 Stainless Steel Pipe
      10.6.3 Aluminum Pipe
      10.6.4 Plastic Pipe
      10.6.5 Glass Pipe
      10.6.6 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  Market Size Forecast by Applications
      10.10.1 Leak Detection
      10.10.2 Operating Condition
      10.10.3 Pipeline Break Detection
      10.10.4 Others
   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 Ductile Iron Pipe
      11.6.2 Stainless Steel Pipe
      11.6.3 Aluminum Pipe
      11.6.4 Plastic Pipe
      11.6.5 Glass Pipe
      11.6.6 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  Market Size Forecast by Applications
      11.10.1 Leak Detection
      11.10.2 Operating Condition
      11.10.3 Pipeline Break Detection
      11.10.4 Others
   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 Ductile Iron Pipe
      12.6.2 Stainless Steel Pipe
      12.6.3 Aluminum Pipe
      12.6.4 Plastic Pipe
      12.6.5 Glass Pipe
      12.6.6 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  Market Size Forecast by Applications
      12.10.1 Leak Detection
      12.10.2 Operating Condition
      12.10.3 Pipeline Break Detection
      12.10.4 Others
   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 Ductile Iron Pipe
      13.6.2 Stainless Steel Pipe
      13.6.3 Aluminum Pipe
      13.6.4 Plastic Pipe
      13.6.5 Glass Pipe
      13.6.6 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)  Market Size Forecast by Applications
      13.10.1 Leak Detection
      13.10.2 Operating Condition
      13.10.3 Pipeline Break Detection
      13.10.4 Others
   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 Ultrasonic Pipeline Monitoring System Market: Competitive Dashboard
   14.2 Global Ultrasonic Pipeline Monitoring System Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Siemens AG (Germany)
      14.3.2 Honeywell International Inc. (US)
      14.3.3 Perma Pipes (US)
      14.3.4 Transcanada (Canada)
      14.3.5 PSI AG (Germany)
      14.3.6 Orbcomm Inc. (US)
      14.3.7 Siemens AG (Germany)

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