Learn about the global pipeline safety market through The Business Research Company, which provides information on pipeline safety market size, pipeline safety market drivers and restraints, pipeline safety market players, the COVID-19 impact on the pipeline safety market, and more.

The global pipeline safety market size is expected to grow from $7.75 billion in 2021 to $8.55 billion in 2022 at a compound annual growth rate (CAGR) of 10.5%. The change in the pipeline safety market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2021. The market is expected to reach $12.64 billion in 2026 at a CAGR of 10.3%.

The increase in demand for oil and gas leads to the development of pipeline infrastructure, which eventually drives the growth of the pipeline safety market.

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The pipeline safety market consists of sales of pipelines by entities (organizations, sole traders, and partnerships) that provide software technology and solutions to protect and secure pipelines that carry energy products such as crude oil, natural gas, and other fuels. Integration of pipeline safety into pipelines allows monitoring and controlling the main network connectivity and also has various benefits such as reduction of liability, less insurance cost, and low administration cost.

Global Pipeline Safety Market Segments Include:

By Component: Solutions, Services

By End-User: Natural Gas, Crude Oil, Refined Products, Others

By Application: Onshore, Offshore

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the pipeline safety market in 2021.

The use of artificial intelligence (AI) for detecting issues in the pipeline is a key trend in the pipeline safety market. The technologies like artificial intelligence, and leak detection software improve pipeline security and safety.

TBRC’s pipeline safety market report covers:

Major Market Players: BAE Systems, Siemens AG, Schneider Electric SE, Honeywell International Inc., General Electric, ABB Group, Huawei Technologies Co. Ltd., AVEVA, Senstar, Perma-Pipe, Future Fiber Technologies, Leater, Total Safety, TTK, Rockwell Automation Inc, Cisco Systems, HCL Technologies and ESRI Inc.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2021-2031)

The Pipeline Safety Global Market Report 2022 –Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides pipeline safety market overviews, analyzes and forecasts market size, share, pipeline safety market players, pipeline safety market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s pipeline safety market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here Is A List Of Similar Reports From The Business Research Company:

Pipeline Transport Global Market Report 2021

Natural Gas Distribution Global Market Report 2022

Oil And Gas Global Market Report 2022

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