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
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
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…
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth…
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…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands…
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency…
