Intelligent Pipeline Pigging Services Market Size By Application (Metal Loss/Corrosion Detection, Internal Cleaning, Crack & Leakage Detection, Geometry Measurement & Bend Detection), By End Use (Oil, Gas) & Forecast, 2023

Description

List of Tables

Global Intelligent Pipeline Pigging Services Market will witness a 1.3% CAGR between 2023 and 2032. The aging infrastructure of pipelines across various industries necessitates regular inspection and maintenance, fostering the demand for intelligent pigging services. Moreover, the adoption of advanced technologies, such as smart pigging tools equipped with sensors and data analytics, enhances pipeline assessment accuracy and efficiency. Additionally, the growing investments in the expansion of oil and gas pipelines by leading companies contribute to intelligent pipeline-pigging services market growth.

For instance, in July 2023, Abu Dhabi National Oil Company's natural gas subsidiary, Adnoc Gas, disclosed contract awards totaling $1.34 billion to Petrofac Emirates and the Consortium comprising National Petroleum Construction Co. and CAT International Ltd. The primary goal of this expansion initiative is to extend Adnoc Gas' current pipeline network, which spans around 3,200 kilometers, to an extended length of over 3,500 kilometers. Stringent environmental regulations and safety standards mandate the continuous monitoring of pipelines to prevent leaks and spills, further propelling the intelligent pipeline-pigging services market outlook.

The overall Intelligent Pipeline Pigging Services Market is classified based on application, end-use, and region.

By application, the crack and leakage detection segment will witness a 0.5% CAGR from 2023 to 2032. With aging pipelines and environmental concerns, accurate detection of cracks and leaks is crucial. Intelligent pigging tools equipped with advanced sensors and technologies offer a proactive approach to identifying potential issues, ensuring pipeline integrity and safety. As regulatory pressures mount and companies prioritize environmental responsibility, the need for precise crack and leakage detection in pipeline operations continues to drive this segment of the intelligent pipeline-pigging services market.

Regarding end-use, the oil segment will observe a 1.4% CAGR from 2023 to 2032. With the global reliance on oil and the need to maintain efficient and safe transportation, intelligent pigging services play a vital role. They ensure the integrity of oil pipelines by inspecting for corrosion, blockages, and defects, contributing to the prevention of spills and environmental damage. As the oil industry continues to grow, the intelligent pipeline-pigging services market demand remains strong to guarantee the reliability and safety of oil transportation networks.

Regionally, the North America Intelligent Pipeline Pigging Services Market will showcase 0.7% CAGR from 2023 to 2032. This trend is driven by the region's extensive pipeline network, spanning various industries, including oil and gas, chemicals, and water utilities. Stricter environmental regulations, aging infrastructure, and the need for enhanced safety measures amplify the demand for intelligent pigging services. As North America remains a major player in energy production and infrastructure development, the market for these services continues to flourish, ensuring pipeline integrity and compliance.

Product Code: 6173

Chapter 1 Methodology & Scope

1.1 Market scope and definitions
1.2 Base estimates & calculations
1.3 Forecast calculations
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Intelligent pipeline pigging services industry 360 degree synopsis, 2019 - 2032
- 2.1.1 Business trends
- 2.1.2 Application trends
- 2.1.3 End use trends
- 2.1.4 Regional trends

Chapter 3 Intelligent Pipeline Pigging Services Industry Insights

3.1 Industry ecosystem analysis
- 3.1.1 Vendor matrix
3.2 Regulatory landscape
3.3 Industry impact forces
- 3.3.1 Growth drivers
- 3.3.2 Industry pitfalls & challenges
3.4 Growth potential analysis
3.5 Porter's Analysis
- 3.5.1 Bargaining power of suppliers
- 3.5.2 Bargaining power of buyers
- 3.5.3 Threat of new entrants
- 3.5.4 Threat of substitutes
3.6 PESTEL Analysis
3.7 COVID- 19 impact on the industry outlook

Chapter 4 Competitive Benchmarking

4.1 Innovation & sustainability landscape
4.2 Competitive landscape, 2022
- 4.2.1 Strategy dashboard

Chapter 5 Intelligent Pipeline Pigging Services Market, By Application

5.1 Key application trends
5.2 Metal Loss/Corrosion Detection
5.3 Internal Cleaning
5.4 Crack & Leakage Detection
5.5 Geometry Measurement & Bend Detection
5.6 Others

Chapter 6 Intelligent Pipeline Pigging Services Market, By End Use

6.1 Key end use trends
6.2 Oil
6.3 Gas

Chapter 7 Intelligent Pipeline Pigging Services Market, By Region

7.1 Key regional trends
7.2 North America
- 7.2.1 U.S.
- 7.2.2 Canada
- 7.2.3 Mexico
7.3 Europe
- 7.3.1 UK
- 7.3.2 France
- 7.3.3 Germany
- 7.3.4 Italy
- 7.3.5 Russia
7.4 Asia Pacific
- 7.4.1 China
- 7.4.2 India
- 7.4.3 Australia
- 7.4.4 Indonesia
7.5 Middle East & Africa
- 7.5.1 Saudi Arabia
- 7.5.2 UAE
- 7.5.3 Iran
7.6 Latin America
- 7.6.1 Brazil
- 7.6.2 Argentina

Chapter 8 Company Profiles

8.1 Baker Hughes Company
8.2 Applus+
8.3 T.D. Williamson, Inc.
8.4 ROSEN Group
8.5 NDT Global
8.6 Altus Intervention
8.7 LIN SCAN
8.8 CIRCOR International, Inc.
8.9 Dacon
8.10 IKM Testing
8.11 Inline Services, LLC
8.12 Halliburton