Global Pipeline Transport Market Size, Forecasts, And Opportunities
Learn about the global pipeline transport market through The Business Research Company, which provides information on pipeline transport market size, pipeline transport market drivers and restraints, pipeline transport market players, the COVID-19 impact on the pipeline transport market, and more.
The global pipeline transport market size is expected to grow from $124.71 billion in 2021 to $136.2 billion in 2022 at a compound annual growth rate (CAGR) of 9.2%. The pipeline transport market is then expected to grow to $183.29 billion in 2026 at a CAGR of 7.7%.
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The pipeline transport market consists of sales of pipeline transportation services and related goods by entities (organizations, sole traders, and partnerships) that use transmission pipelines to transport various products, such as crude oil, natural gas, refined petroleum products, and slurry.
Global Pipeline Transport Market Segments Include:
By Type: Crude Oil Pipeline Transport, Natural Gas Pipeline Transport, Refined Petroleum Products Pipeline Transport, Others
By Solution: Security Solutions, Automation and Control, Integrity and Tracking Solution, Network Communication Solution, Others
By Service: Consulting Service, Managed Service, Maintenance and Support
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 transport market in 2021.
Pipeline transportation companies are using augmented reality for efficient maintenance operations. Augmented reality (AR) is the technology of combining real-world images, video, etc. with computer-generated information and/or imagery being viewed through an output including a monitor, headset, etc. AR overlays digital elements onto the physical world, typically using a headset or tablet that the user can point toward real-life objects. In the pipeline transportation industry, AR headsets that clip onto hard hats can project hands-free instructions a technician needs onto equipment to conduct an inspection or maintain a system. AR animations dramatically boost efficiency and reduce errors and uncertainty by showing the necessary steps, tools, and parts.
TBRC’s pipeline transport market report covers:
Major Market Players: ABB Group, Alcatel-Lucent, Emerson Electric Co, FMC Technologies, and Schneider Electric.
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 (2022-2026-2031)
The Pipeline Transport 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 transport market overviews, analyzes and forecasts market size, share, pipeline transport market players, pipeline transport market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s pipeline transport market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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