Press release
Big boom by Intelligent Pigging Services Market 2019 with an impressive double-digit growth rate during 2019 – 2023 | Top Key Vendors - TD Williamson, Baker Hughes, NDT Global, Enduro Pipeline Services, Applus, Lin Scan, Dacon Inspection Services
Intelligent Pigging Services Market
Global Intelligent Pigging Services Market Overview:
This report studies the Global Intelligent Pigging Services Market over the forecast period of 2019 to 2023. The Global Intelligent Pigging Services Market is expected to grow at an impressive Compound Annual Growth Rate (CAGR) from 2019 to 2023.
According to the market report analysis, Intelligent Pigging is a technique of inspecting a pipeline internally and gathering information regarding presence and location of corrosion, bends, and other anomalies in the pipelines. The complexity of mandatory pipeline inspections and increased governmental regulations has led to the need for intelligent pigging service for pipelines. Increasing government mandates and regulations for pipeline inspection is one of the major drivers for the growth of the Global Intelligent Pigging Services Market.
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The Intelligent Pigging based on Smart Magnetic Flux Leakage (MFL) Technology is more preferred as it can be used in both liquid and gas pipelines and does not require any liquid couplant, like ultrasonic pigging. The MFL Technology segment contributed more than 66.6% share of market revenue in 2019. MFL pigs can detect and measure metal loss or corrosion and cracks and weld defects even in thin-walled pipelines, while ultrasonic pigs fail to identify and measure thin-walled pipelines accurately.
The Global Intelligent Pigging Services Market is segmented on the basis of Pipeline Type, Technology, Application and Region. On the basis of Pipeline Type, the market is classified into magnetic flux leakage, caliper, and ultrasonic. Based on the Application, the Global Intelligent Pigging Services Market is sub-segmented into metal loss / corrosion, crack & leak detection, and geometry measurement & bends detection. Metal loss / corrosion segment of the Global Intelligent Pigging Services Market is estimated to register the highest growth rate during the forecast period.
In terms of the regional analysis, the Global Intelligent Pigging Services Market is expected to witness substantial growth during the forecast period owing to growing investments in pipeline projects especially in oil & gas sector. North America is investing extensively in oil and gas pipeline projects to fulfill the growing demand for energy resources. Moreover, Middle East and Africa is one of the key regions of the Intelligent Pigging Services Market due to significant production and exploration of crude oil and gas from the region. Countries such as UAE, Iraq, Israel, and Egypt, among others are investing in pipeline projects which would drive the growth of Intelligent Pigging Services Market.
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Top Key Vendors in the Market are:
1 T.D. Williamson
2 Baker Hughes
3 Rosen Group
4 NDT Global
5 Enduro Pipeline Services
6 Intertek Group
7 Applus
8 Lin Scan
9 Dacon Inspection Services
10 Onstream Pipeline Inspection
11 SGS SA
12 A.Hak Industrial Services and More.................
Market segment by Regions/Countries, this report covers -
1 United States
2 Europe
3 China
4 Japan
5 Southeast Asia
6 India
Grab Your Report at an Impressive Discount @ https://www.businessindustryreports.com/check-discount/88508 .
What Information does this report contain?
1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants
2 Which are the leading market products, applications & regions and how will they perform by 2023?
3 What are the technologies & innovation trends, how will they evolve by 2023?
4 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?
Major Points in Table of Contents:
Global Intelligent Pigging Services Market Report 2019
1 Industry Overview of Intelligent Pigging Services
2 Global Intelligent Pigging Services Competition Analysis by Players
3 Company (Top Players) Profiles
4 Global Intelligent Pigging Services Market Size by Type and Application (2013-2019)
5 United States Intelligent Pigging Services Development Status and Outlook
6 Europe Intelligent Pigging Services Development Status and Outlook
7 China Intelligent Pigging Services Development Status and Outlook
8 Japan Intelligent Pigging Services Development Status and Outlook
9 Southeast Asia Intelligent Pigging Services Development Status and Outlook
10 India Intelligent Pigging Services Development Status and Outlook
11 Market Forecast by Regions, Type and Application (2019-2023)
12 Intelligent Pigging Services Market Dynamics
13 Market Effect Factors Analysis
14 Research Finding/Conclusion
15 Appendix
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