PUBLISHER: TechNavio | PRODUCT CODE: 1453808
PUBLISHER: TechNavio | PRODUCT CODE: 1453808
The oil and gas pipeline market is forecasted to grow by USD 55.64 bn during 2023-2028, accelerating at a CAGR of 4.6% during the forecast period. The report on the oil and gas pipeline market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising energy consumption globally, surge in E&P activities is increasing deployment of oil and gas pipelines, and economic benefits of pipelines over other oil and gas transportation modes.
Technavio's oil and gas pipeline market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 3.74% |
CAGR | 4.6% |
Incremental Value | $55.64bn |
By Application
By Type
By Geographical Landscape
This study identifies the technological advances in pipeline inspection as one of the prime reasons driving the oil and gas pipeline market growth during the next few years. Also, digitization of pipeline networks and increase in new exploration policies development will lead to sizable demand in the market.
The report on the oil and gas pipeline market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading oil and gas pipeline market vendors that include ArcelorMittal SA, Barnard Construction Co. Inc., Bechtel Corp., Bharat Petroleum Corp. Ltd., BP Plc, Erndtebcker Eisenwerk GmbH and Co KG, GAIL (India) Ltd., Indian Oil Corp. Ltd., Larsen and Toubro Ltd., MasTec Inc., National Petroleum Construction Co., Primoris Services Corp., Reliance Industries Ltd., Rezayat Group, Sumitomo Corp., Vallourec SA, AL JABER PRECISION ENGINEERING and CONTRACTING, Amana Contracting and Steel Buildings LLC, Engineers India Ltd., IL and FS Engineering and Construction Co. Ltd., and APA. Also, the oil and gas pipeline market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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