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Latest Study explores the Global Pipeline Safety Market Witness Highest CAGR Growth of 10.1% in near future | Leading Key Players:GENERAL ELECTRIC, ABB, Schneider Electric, Siemens AG, BAE Systems, Future Fibre Technologies, Thales Group
Global Pipeline Safety Market
Market Analysis
The Global Pipeline Safety Market accounted for USD 6.3 billion in 2016 growing at a CAGR of 10.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Global Pipeline Safety Market By Geography; Technology & Solution (Perimeter Intrusion Detection, Secure Communication, SCADA for Pipeline, Pipeline Monitoring System, ICS); Service (Pipeline Integrity Management Services, Professional Services); Vertical- Industry Trends and Forecast to 2024
This Report Consists of –
• No of pages: 350, No of Figures: 60, No of Tables: 220
Frequently Asked Questions?
• What will the market size be in 2024?
• What are the key factors driving the global market?
• What are the challenges to market growth?
• Who are the key players in the market?
• What are the market opportunities and threats faced by the key players?
• What will be the growth rate in 2024?
• Which strategies are used by top players in the Global Pipeline Safety Market?
For Customized Reports and Discounts, Mail us at @ sopan.gedam@databridgemarketresearch.com
Top Competitors of Market:
• GENERAL ELECTRIC,
• ABB,
• Schneider Electric,
• Siemens AG, BAE Systems,
• Future Fibre Technologies,
• Thales Group,
• Senstar Corporation,
• Syrinix,
• POLUS-ST,
• Huawei Technologies Co., Ltd.,
Market Segmentation
The global pipeline safety market is segmented on the basis of technology and solution into perimeter intrusion detection; secure communication, SCADA for pipeline, pipeline monitoring system, industrial control systems security (ICS). The secure communication segment is further sub segmented into satellite monitoring and GIS mapping, and video surveillance. The pipeline monitoring system segment is further sub segmented into leakage detection, external threat detection, pig tracking, and integrated fiber optic monitoring.
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On the basis of service, the global pipeline safety market is segmented into
• pipeline integrity management services, and
• professional services
The professional services segment is further sub segmented into risk management, consulting services, and repair and maintenance
On the basis of vertical, the global pipeline safety market is segmented into
• natural gas,
• crude oil,
• refined products
On the basis of geography, the global pipeline safety market report covers data points for 28 countries across multiple geographies such as
• North America,
• South America,
• Europe,
• Asia-Pacific, and
• Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Market Drivers and Restraints:
• Balanced use of resources
• Increased spending by oil & gas companies for infrastructure and network protection
• Expansion and upgradation of refineries, drilling sites, and exploration of new Sites
• Lack of apprehensions
• Growing population and political instability in the middle east
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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