Intelligent Pipeline Pigging Market 2017-2025 Industry SWOT Analysis by TOP Leaders- Baker Hughes, Pigtek, 3P Services, Hak Industrial Services, Pigs Unlimited International, Aubin Group, T.D. Williamson, Quest Integrity Group, and Jamison Products

Intelligent Pipeline Pigging market is expected to grow from US$ US$ 494.4 Mn in 2017 to US$ 781.3 Mn by 2025 at a CAGR of 5.3% between 2017 and 2025.

Abundant availability of LNG and gradual extinction of fossil fuels due to their unregulated use have fuelled up the demands for LNG globally. Researchers have been looking towards such renewable sources of energy to completely replace the existing use of non-renewable sources. Abundance of LNG makes it one of the ideal sources to be supplied and distributed. More than half of the pipeline infrastructures present globally are being used for the supply and distribution of LNG.

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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.

Major Players:

1. 3P Services GmbH & Co KG
2. A.Hak Industrial Services B.V.
3. Aubin Group
4. Baker Hughes Incorporated
5. Enduro Pipeline Services, Inc.
6. Jamison Products LP
7. NDT Global GmbH & Co. KG
8. Pigs Unlimited International Inc.
9. Pigtek Ltd
10. PII Pipeline Solutions

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.

These pipelines become vulnerable to degradation after being used over a period of time, since most of the times they carry highly corrosive substances. Smart pig devices are capable of carrying out advanced inspection activities in addition to the traditional activity of cleaning. The evolution of ILI help operators in maximizing the utilization of process, by aggregating the reliability of non-destructive testing. Apart from this, in order to guarantee safety, the pipeline agencies as well as various regulatory bodies have adopted smart inspection tools. While the pigging sector has made enormous steps in quality inspection technology, it still faces numerous challenges.

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The global market for intelligent pipeline pigging has been segmented on the basis of application, technology and end-user. The application segment for this market is concerned around various types of failure detection techniques that frequently appear in a pipeline. The segment covers metal loss/corrosion, crack & leak detection, geometry & bend detection, and other applications. Ultrasonic pigging and Magnetic Flux Leakage are the two technologies used for intelligent pigging on the basis of which the technology segment for the market is done. The end-users for intelligent pipeline pigging are chemical sector, oil sector, gas sector, and others. Geographically, the global intelligent pipeline pigging market is segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SAM).

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