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Global Pipeline Monitoring System Market Size, Status and Forecast 2018-2025
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Pipelines are referred to as flow lines which carry fluids in a liquid or gaseous state. The pipelines are laid in harsh and hazardous areas thereby, creating a need for accurate pipeline monitoring systems for the detection of leakages and damages, which may lead to serious ecological and economic consequences.
The pipeline monitoring systems market is being driven majorly by its ability to detect small leaks or damages and at the same time monitoring for external pipeline threats for the prevention of leaks. Other factors driving the growth of the market are increase in number of oil & gas leakages in production, pipelines, and storage tanks due to natural disasters and high pressure along with stringent government regulations for pipeline safety.
In 2017, the global Pipeline Monitoring System market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
The key players covered in this study
ABB
Emerson
Honeywell
Schneider Electric
Siemens
Badger Meter
Bentek Systems
General Electric
HollySys Automation Technologies
Inductive Automation
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Market segment by Type, the product can be split into
Metallic
Non-Metallic
Concrete Pipes
Asbestos Cement Pipes
Market segment by Application, split into
Operating Efficiency
Leak Detection
Pipeline Break Detection
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
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