Pipeline Services Market 2021 Competitive Insights – Baker Hughes Co, Barnard Construction Company Inc., Sunland Construction Inc., Snelson Companies Inc

Global Pipeline Services Market – Growth, Trends, And Forecast (2021 – 2025)

The report presents an in-depth assessment of the Global Pipeline Services Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Global Pipeline Services investments from 2021 till 2025.

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The Global Pipeline Services market is highly competitive and consists of a number of major players. Companies, like Baker Hughes Co, Barnard Construction Company Inc., Sunland Construction Inc., Snelson Companies Inc., and EnerMech Ltd among others.

Scope of the Report

The market for pipeline services is expected to grow at a CAGR of more than 3.9% during the forecast period of 2020 � 2025. As of 2019, there were approximately 145,353 miles of pipelines planned and under-construction, of which 94,773 miles are in the engineering and design phase, while 50,580 are in various stages of construction. The natural gas pipeline network is expected to grow in parallel to the increase in natural gas demand, which in turn is expected to positively impact the global pipeline services market in the coming years. Therefore, increasing natural gas pipeline infrastructure is expected to drive the market over the forecast period. However, alternate modes of transport primarily via marine vessels is expected to hinder the market growth.

- Intelligent Pigging dominates the market with the technological advancements, which are helping in improving capabilities and benefits of the intelligent pigging, in turn, is driving the demand for these operations.
- The upcoming pipeline projects which are under construction and planning stage globally are expected to create tremendous market opportunities in years to come.
- North America is expected to dominate the market with majority of the demand coming from the countries such as the United States and Mexico.

Key Market Trends

Intelligent Pigging to be a Significant Market

- Intelligent pigging is used for inspecting the pipelines. It is widely used to gather important data, such as the presence and location of corrosion or other irregularities on the inner walls of the pipe.
- Since 2014, the government regulations dictate the pipeline operators must carry intelligent pigging once in 2.5 years, in turn, almost doubling the frequency of intelligent pigging in India, per km of pipeline which helps in driving the market during the forecast period.
- There are mainly two types of intelligent pigging operations, magnetic flux leakage (MFL) pigging and ultrasonic pigging. Magnetic flux leakage pigs can be used in both liquid and gas pipelines and does not require any liquid coolant as in ultrasonic pigging. Magnetic flux leakage pigs can detect and measure metal loss or corrosion and weld defects even in thin-walled pipelines, while ultrasonic pigs fail to identify and measure thin-walled pipelines accurately.
- The intelligent pigging can carry out many measurements, including geometry measurement, metal-loss detection, leak detection, pipeline profiling and mapping, temperature and pressure recording, bend measurement and curvature monitoring, product sampling, photographic inspection, wax deposit measurement.
- Therefore, due to technological advancements, the demand for intelligent pigging is expected to increase at a significant growth which, in turn, drives the demand for pipeline service market.

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The key insights of the Pipeline Services Market report: 
The report provides status of the Pipeline Services market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
The Pipeline Services market report presents the company profile, product specifications, capacity, production value, and 2016-2021 market shares for key vendors.
The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
The report estimates 2021-2025 market development trends of Pipeline Services Market.
Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
The report makes some important proposals for a new project of Pipeline Services Industry before evaluating its feasibility.

Finally, Pipeline Services Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Pipeline Services industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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– The market estimate (ME) sheet in Excel format

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– 3 months of analyst support

How we have factored the effect of Covid-19 in our report:

All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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