Global Pipeline Integrity Management Market
Oil And Gas

5 Major Insights Into The Pipeline Integrity Management Market Report 2023

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

 

The Business Research Company’s Pipeline Integrity Management Global Market Report 2023 offers crucial insights into the pipeline integrity management market help businesses analyse and build stronger strategies.

 

  1. Introduction
    The global pipeline integrity management market is on the rise, projecting a growth from $9.06 billion in 2022 to $9.60 billion in 2023 at a CAGR of 6%. Looking ahead, the market is anticipated to expand to $11.63 billion by 2027, with a CAGR of 4.9%.

 

  1. Driving Forces: Expansion of Oil and Gas Pipeline Network
  • Pipeline integrity management (PIM) ensures safety from conception to retirement.
  • Activities focus on guaranteeing pipeline integrity for hazardous liquids and natural gas transport.
  • Expansion in the oil and gas pipeline network is a key growth driver.
  • Noteworthy projects in 2021, including 14 petroleum liquids pipeline projects in the United States and the authorization of a 33,764 km natural gas pipeline network in India, highlight the sector’s momentum.

 

  1. Key Players in the Pipeline Integrity Management Market
  • Major contributors include T. D. Williamson Inc., Bureau Veritas, Emerson Electric Co., Baker Hughes Company, and more.
  • These industry leaders play a crucial role in ensuring the integrity of pipelines globally.

 

  1. Rising Trend: Product Innovations
  • Product innovation is a central trend, with companies investing in research and development.
  • Schneider Electric SE, in collaboration with Prisma Photonics, introduced PrismaFlow with Hyper-ScanTM technology.
  • PrismaFlow enhances efficiency, sustainability, and precision in energy transportation through pipelines.
  • The solution, featuring a pay-as-you-grow model, reduces false alarm rates and offers improved event classification and detection.

 

  1. Market Segmentation
    The global pipeline integrity management market is segmented based on:
  1. Service Type: Inspection Services, Cleaning Services, Repair and Refurbishment Services
  2. Sector: Crude Oil, Natural Gas
  3. Location of Deployment: Onshore, Offshore

 

  1. Regional Dynamics
  • North America: Dominated the pipeline integrity management market in 2022.
  • Asia-Pacific: Expected to be the fastest-growing region in the forecast period, showcasing the global nature of pipeline management needs.

 

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The Pipeline Integrity Management Global Market Report 2023  provides a comprehensive outlook of the pipeline integrity management market for the historic years (2010 – 2021) and ten years forecast (2023 – 2032). The pipeline integrity management market forecast offers a thorough analysis on pipeline integrity management market size, pipeline integrity management market share, prominent players and their strategies.

 

The Table Of Content For The Pipeline Integrity Management Market Include:
1. Pipeline Integrity Management Market Executive Summary
2. Pipeline Integrity Management Market Segments
3. Pipeline Integrity Management Market Size And Pipeline Integrity Management Market Growth Rate
4. Key Pipeline Integrity Management Market Trends
5. Major Pipeline Integrity Management Market Drivers
……
25. Key Mergers And Acquisitions In The Pipeline Integrity Management Market
26. Top Pipeline Integrity Management Companies
27. Pipeline Integrity Management Market Opportunities And Strategies
28. Pipeline Integrity Management Market, Conclusions And Recommendations
29. Appendix

 

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Pipeline Transport Global Market Report 2023
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