Press release
Smart Pigging Market 2019 with Attractiveness, Trending Technologies and Revenue Analysis by top Key Players (3P Services GmbH, Applus, Aubin Group, Baker Hughes, Enduro Pipeline Services, Lin Scan, NDT Global GmbH ) | Forecasts to 2025
Smart Pigging Market
Global Smart Pigging Market Overview:
The Global Smart Pigging Market is projected to display a robust growth represented by a CAGR of 5.7 % over the forecast period and Expected to Witness a Significant Growth of 5.04 Billion USD during 2019-2025 driven by a rising adoption of smart PIGs (pipeline inspection gauges) in various applications across the globe. Smart Pigging is also known as “Intelligent Pigging”. Smart Pigging is developed and employed for inspecting, monitoring and surveying pipelines in oil & gas, chemicals, mining, and water industries.
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The most important factors driving the growth of the Global Smart Pigging Market are stringent government and industry regulations and increasing consumption of petroleum products and natural gas. Moreover, growing awareness among pipeline operators about the benefits of maintenance of pipelines and regular inspection is anticipated to fuel the Smart Pigging Service Market in the near future. Oil & Gas industry has witnessed major incidents of pipeline damage in the past, resulting in major product loss and accidents.
The Global Smart Pigging Market is segmented on the basis of Technology, Application, End-User and Region. Based on the Technology, the Global Smart Pigging Market is classified into Magnetic Flux Leakage (MFL), Ultrasonic Test (UT), and Caliper. On the basis of Application, the Global Smart Pigging Market is sub-segmented into Crack and Leak Detection, Metal Loss / Corrosion Detection, Geometry Measurement and Bend Detection and others. Based on the End-User, the Global Smart Pigging Market is sub-segmented into Gas, Oil, Chemicals and others.
In terms of the regional analysis, North America has some major players from the oil & gas industry and prominent users of inline inspection services for Smart Pigging. Natural gas and petroleum are the 2 biggest sources of energy in the United States. North America is investing significantly in oil and gas pipeline projects to fulfill the growing demand for oil and gas.
This is an expert and top to bottom examination on the present condition of the Smart Pigging Market. The report gives a fundamental review of the business including definitions, arrangements, applications and industry chain structure. The Smart Pigging Market investigation is accommodated the worldwide markets including advancement patterns, focused scene examination, and key districts improvement status. Improvement strategies and plans are additionally examined and producing procedures and cost structures broke down. Smart Pigging Market import / send out utilization, free market activity figures and cost and creation esteem net edges are additionally given.
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Top Leading Key Manufacturers are: 3P Services GmbH & Co KG, A.Hak Industrial Services B.V., Applus, Aubin Group, Baker Hughes, Cokebusters, Corrosion Control Engineering, Dacon Inspection Services, Enduro Pipeline Services, Halfwave AS, Intertek Group, Jamison Products LP, Lin Scan, NDT Global GmbH & Co. KG, Onstream Pipeline Inspection and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Smart Pigging in these regions, from 2013 to 2025 (forecast), covering - North America, South America, Asia-Pacific, Europe, and Other Countries.
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 2025?
3 What are the technologies & innovation trends, how will they evolve by 2025?
4 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?
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With the presence of a large pool of participants, the Global Smart Pigging Market is displaying a highly competitive business landscape, finds a new research report by Business Industry Reports (BIR). 3P Services GmbH & Co KG, A.Hak Industrial Services B.V., Applus, Aubin Group, Baker Hughes, Cokebusters, Corrosion Control Engineering, Dacon Inspection Services, etc. are some of the key vendors of Smart Pigging across the world. These players across Smart Pigging Market are focusing aggressively on innovation, as well as on including advanced technologies in their existing products.
Table of Content:
1 Introduction
1.1 Industry Definition and Research Scope
1.1.1 Industry Definition
1.1.2 Research Scope
1.2 Research Methodology
1.2.1 Overview of Market Research Methodology
1.2.2 Market Assumption
1.2.3 Secondary Data
1.2.4 Primary Data
1.2.5 Data Filtration and Model Design
1.2.6 Market Size/Share Estimation
1.2.7 Research Limitations
1.3 Executive Summary
2 Market Overview and Qualitative Analysis
2.1 Market Size and Forecast
2.2 Major Growth Drivers
2.3 Market Restraints and Challenges
2.4 Emerging Opportunities and Market Trends
2.5 Porters Fiver Forces Analysis
3 Segmentation of Global Market by Technology
3.1 Market Overview by Technology
3.2 Global Market of Smart Pigging with Magnetic Flux Leakage (MFL) Technology 2014-2025
.............Continued
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