Press release
Intelligent Pipeline Pigging Market Outlook to 2025 - Baker Hughes Incorporated, Quest Integrity Group LLC, Rosen Group, Aubin Group, Pigtek Ltd, Jamison Products LP, Enduro, Pipeline Services, and PII Pipeline Solutions.
The Intelligent Pipeline Pigging Market research report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Poter's five forces analysis.Increasing demand for Liquefied Natural Gas (LNG) boosting pipeline infrastructures and eventually is expected to drive the Intelligent Pipeline Pigging Market at a CAGR of 5.3%
The demand for LNG as a source for energy generation has grown considerably in countries across the globe, and is being exported all over the world from the gulf countries and US, via pipelines laid down. As these pipelines transport LNG, pipe health monitoring becomes very critical, and thus operators use pigging products and services.
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India and China are expected to witness rising adoption of optical fiber cables due to various government initiatives taken in these countries for the development of internet infrastructure. The key players profiled in the report are Aubin Group, Pigtek Ltd., Pigs Unlimited International, Inc., Jamison Products LP, Enduro, Pipeline Services, Inc., T.D. Williamson Inc., NDT Global GmbH & Co. KG, Baker Hughes Incorporated, 3P Services GmBH & Co KG, A. Hak Industrial Services B.V., Quest Integrity Group LLC, Rosen Group and PII Pipeline Solutions.
According to a new market research study titled 'Intelligent Pipeline Pigging Market to 2025 - Global Analysis and Forecasts by types and End-user', the global intelligent pipeline pigging market was valued at US$ 472.3 Mn in 2016 and is estimated to reach US$ 781.3 Mn by 2025. The report highlights the trends prevalent in the global intelligent pipeline pigging market and the factors driving the market along with those that act as deterrents to its growth.
Magnetic Flux Pigging technology can operate efficiently in liquid as well as gas pipelines. Best results from MFL are obtained when they traverse through pipelines having less metal wall thickness. For pipelines with higher metal wall thickness, Ultrasonic pigging technology is preferred. Furthermore, Ultrasonic pigging technology requires liquid couplant to traverse through pipes which adds to more cost of the users. Thus, for cheaper usage, MFL technology is used globally.
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Reason to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Intelligent Pipeline Pigging Market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global Intelligent Pipeline Pigging Market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution
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