Press release
Smart Pigs Market – Top Participant to Focus on Regional Expansion 2019 – 2029
Smart Pigs Market
The smart pigs are called as In-line inspection (ILI) smart pigs and they are used to travel through pipelines which will help the pipeline operators to detect issues in the internal portion of pipeline. Smart pigs are also used to perform preventative maintenance activities before an incident or accident occurs which would led to delay or leak. These smart pigs are widely used in oil and gas pipelines and installing smart pigs have reduced nearly 3/4th of incidents in pipelines.
Request For Report Sample@ https://www.persistencemarketresearch.com/samples/30902
The key advantage of smart pigs is that it is automatic and there is no need for halting flow of materials through pipelines. Further, the smart pigs are useful in inspection and cleaning which allows the pipeline to be completely inspected without any inspector or man power to monitor the inner section of the pipelines. The cleaning and inspection services are performed by smart pigs in a single time which saves time, money and enhances efficiency and life time.
The major difference between the smart pigs and the rest of pigs is that it can register the pipelines exact location in three dimensions (3D). Further, smart pigs can measure the actual wall thickness of pipelines for the determination and identification of wall thickness loss due to corrosion and wear, and for future comparison.
Smart Pigs Market: Market Dynamics
The key driving factor for the adoption of smart pigs over other mechanical pig devices is the end use industries measures the lost product opportunity which is the downtime with the monetary utilization. The global smart pigs market is also facing certain challenges such as the smart pigs are experiencing limitations with respect to the detection of small defects. In addition to that, the smart pigs are getting struck in the pipelines as it leads to high investment for the extraction and repair processes which is negatively impacting the market growth.
Currently, the smart pigs of Magnetic Flux Leakage technology is finding a key adoption rate over the others in the global smart pigs market. The manufacturing companies of smart pigs are focusing on exploring their market presence in Asian countries by delivering their services and technology to the client directly or through partnerships with service companies. In addition to that, the manufacturers are also entering into the services such as commissioning and pipeline maintenance which will be a key factor in the global smart pigs market.
Smart Pigs Market: Market segmentation
The global smart pigs market can be segmented into problem category, type of material flow, speed, technology and application.
On the basis of problem category, the global smart pigs market is segmented into:
Dents
Cracks
Corrosion
Route Surveying
Loss of Coating
On the basis of type of material flow, the global smart pigs market is segmented into:
Oil
Gas
Water and wastewater
Chemicals
On the basis of speed, the global smart pigs market is segmented into:
Less than 3 MPH
3 to 5 MPH
Above 5 MPH
On the basis of technology, the global smart pigs market is segmented into:
Magnetic Flux Leakage (MFL)
Electromagnetic Acoustic Transduction (EMAT)
Internal Navigation System / Global Positioning System (INS/GPS)
On the basis of application, the global smart pigs market is segmented into:
Onshore
Offshore
Smart Pigs Market: Regional Outlook
The global smart pigs market is currently led by North America followed by Europe and East Asia. The new pipeline installation projects are having a linear growth in the regions such as Asia Pacific, Middle East and Africa and Latin America and these regions will offer major opportunity for the installation of smart pigs in the forecast period. The technological advancements and reduction in downtime associated with cost savings acts an important factors in positively influencing the adoption of smart pigs in the global market.
The oil and gas and chemical industries are having a moderate growth rate whereas water and wastewater industry is highly impacting the adoption of smart pigs in terms of growth rate. The countries such as China, India, Brazil, Malaysia, Australia and African countries will offer the key driving opportunities for the installation of smart pigs in the forecast period.
Request For Report Table of Content (TOC)@ https://www.persistencemarketresearch.com/toc/30902
Smart Pigs Market: Key Market Participants
Some of the key market participants in the global smart pigs market are:
3P Services GmbH & Co KG
Apache Pipeline Products.
CDI
China Petroleum Pipeline Inspection
Dacon Inspection Services Co Ltd.
DSV Pipetronix Group
Enduro Pipeline Services, Inc.
GD Engineering
GE Oil and Gas (PII Pipeline Solutions)
Halliburton (Pipeline & Process Services)
i2i Pipelines
IK WORLDWIDE
iNPIPE PRODUCTS™
LIN SCAN Advanced Pipeline & Tank Services
Pigs Unlimited International, Inc
Pipeline Engineering & Supply Co. Limited
Propipe
ROSEN Group
T.D. Williamson, Inc.
About Industrial Automation Domain of Persistencemarketresearch@ https://www.persistencemarketresearch.com/category/industrial-automation.asp
The Industrial Automation team at Persistence Market Research provides expert opinions and incisive inputs about broad array of products used extensively in the manufacturing industry. The team has compiled comprehensive market research reports on gears, valves, bearings, special purpose machinery, and other key segments in this evolving landscape. In addition to offering syndicated market research studies, the team consults clients from all across the globe on their unique, strategic needs. Need help with your next project? Feel free to reach out.
Contact Us
Persistence Market Research
U.S. Sales Office
305 Broadway, 7th Floor
New York City, NY 10007
+1-646-568-7751
United States
USA - Canada Toll-Free: 800-961-0353
E-mail id- sales@persistencemarketresearch.com
Website: www.persistencemarketresearch.com
About Us:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Smart Pigs Market – Top Participant to Focus on Regional Expansion 2019 – 2029 here
News-ID: 2206427 • Views: …
More Releases from Persistence Market Research
Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Market Overview:
The frozen foods market consists of a wide range of products, including frozen fruits and vegetables, meat and seafood, ready-to-eat meals, and desserts. These products are preserved through freezing to maintain freshness and quality for an extended period.
Market Size and Growth:
The global market for frozen foods is forecasted to be of valuation US$ 281.0 Billion in the year 2022 which is expanding at a value CAGR of 5.1% and…
The Global Graphene Market's Striking Growth and Innovative Applications
Introduction
Graphene, a single layer of carbon atoms arranged in a hexagonal lattice, has gained global recognition for its extraordinary properties, such as exceptional electrical and thermal conductivity, mechanical strength, and flexibility. Since its isolation in 2004 by Andre Geim and Konstantin Novoselov, graphene has sparked considerable interest in both scientific and industrial communities. This report explores the current state of the graphene market and its potential growth opportunities.
Get Access To…
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analys …
Market Overview:
The projected global market size for cyber security mesh is expected to reach $8.8 billion by the year 2033, with an estimated valuation of $1.2 billion by 2023. This market is poised to experience a compound annual growth rate (CAGR) of 21.7% from 2023 to 2033.
The global Cyber Security Mesh market is poised for significant growth as organizations worldwide grapple with the escalating threat landscape. Cybersecurity has become an…
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation …
Key market trends included a shift towards natural and plant-based ingredients, as consumers sought cleaner labels and healthier options. This drove the demand for naturally sourced beta-carotene, but synthetic beta-carotene still had its place due to its cost-effectiveness and consistency in production. The market was also influenced by regulatory changes and evolving dietary preferences, which affected the application and formulation of synthetic beta-carotene in various products.
To obtain the latest market…
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order…
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview
The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT…
Survey Report on Smart Kitchen Appliances Market 2018: Smart Refrigerator, Smart …
The report analyzes and presents an overview on "Global Smart Kitchen Appliances Market Professional Survey Report 2018" worldwide.
This report studies Smart Kitchen Appliances in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2013 to 2018, and forecast to 2025.
The study objectives of this report are: To study and forecast the market size of Smart…
IoT Device Management Market Analysis by Application - Smart Manufacturing, Smar …
IoT device management comprises of multiple operating systems and several varieties of communication methods and protocols targeted at conducting smooth functioning of smart devices. The service of IoT device management has become vital for the business sector in recent years due to the rising use of remote operation in a number of industries and the subsequent need to manage the operation of the devices.
The global IoT device management market is…
SMART SHIPS NEED SMART REGISTRIES
The shipping world needs to wake up and embrace the philosophy of smart shipping because it is already here and the downturn in the world economy is not going to last forever, according to Panos Kirnidis, CEO of the Palau International Ship Registry.
“The maritime industry knows that smart ships and smart technology is the way forward and yet there seems to be reluctance on the part of some owners to…
Smart Kitchen Appliances Market : Smart Refrigerators, Smart Dishwashers, Smart …
Albany, New York, July 20, 2017 : Recent research and the current scenario as well as future market potential of "Smart Kitchen Appliances Market (Products - Smart Refrigerators, Smart Dishwashers, Smart Ovens, Smart Cookware and Cooktops, Smart Scales and Thermometers and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022" globally.
Smart kitchen appliances are premium appliances that are designed for comfortable and efficient operation as…
